Bloomberg Amazon.com and Apple face German antitrust scrutiny over a policy that excludes independent sellers of brand products on the online market place. Germany’s Federal Cartel Office, the country’s antitrust regulator, is probing both companies over a policy at Amazon called “brandgating,” the authority said in an emailed statement. The policy allows makers of branded products such as iPhones to ...

Bloomberg Waymo said that it is opening its fully driverless ride-hailing service in suburban Phoenix to the public. Alphabet Inc’s self-driving car unit began ferrying a select group of a few hundred customers, known as “early riders,” in vehicles without safety drivers in the summer of 2019. After receiving feedback from those riders, who were bound by non-disclosure agreements not ...

Bloomberg BMW ended an upbeat quarter for European automakers by warning that the rapidly resurging coronavirus pandemic could wreck a sales recovery driven by strong demand in China. BMW confirmed its full-year profit forecast on the back of rising sales in China. Still, the German luxury carmaker cautioned that Covid-19 is worsening in Europe’s biggest markets, with fresh lockdowns threatening ...

Bloomberg Facebook posted a better-than-projected gain in third-quarter revenue, indicating that a major advertiser boycott had a limited impact against the backdrop of a broader revival of spending on digital marketing. The Menlo Park, California-based company said sales rose 22% to $21.5 billion, compared with the $19.8 billion average analyst estimate in a Bloomberg survey. While Facebook reached 2.74 billion ...

Vienna / WAM A balanced and stable oil market is a prerequisite for post-pandemic recovery, adequate investments and future prosperity for consumers and producers alike, affirmed seventh high-level meeting of the Opec-Russia Energy Dialogue, hosted by Opec, which took place via videoconference. The meeting was co-chaired by Mohammad Sanusi Barkindo, Secretary General of Opec, and Alexander Novak, Minister of Energy ...

LAAYOUNE / WAM The United Arab Emirates on Wednesday opened its consulate general in Laayoune, southern Morocco. This followed a recent telephone conversation between His Majesty King Mohammed VI of the Kingdom of Morocco and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in which His ...

Abu Dhabi / WAM Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, on Wednesday held a virtual meeting with Anton Siluanov, Russia’s Minister of Finance, as part of the Ministry of Finance’s endeavour to deepen financial and economic cooperation with various countries of the world. The meeting discussed ways to strengthen bilateral relations between both countries in ...

Dubai / WAM flydubai, the Dubai-based carrier, has announced the start of flights between Dubai and Tel Aviv from November 26. The carrier will operate 14 flights a week offering a double daily service between Dubai International (DXB) and Tel Aviv Ben Gurion (TLV) and flights are now available to be booked on flydubai.com. This announcement follows the air transport ...

Abu Dhabi / WAM Zaki Nusseibeh, Minister of State, on Wednesday hold a video conference with Maria Camilleri, Ambassador of Malta to the UAE. During the meeting, both sides discussed ways of developing cultural cooperation between the UAE and Malta, and stressed the importance of reinforcing their overall bilateral ties while highlighting the necessity of strengthening their diplomatic and cultural ...

Abu Dhabi / WAM Etihad Airways, the national airline of the UAE, has received aircraft wheel chocks from Zayed Higher Organisation for People of Determination. The wheel chocks bear the Bee Logo, a distinctive trademark that designates the wheel chocks as products by people of determination, said an Etihad press release issued on Wednesday. Wheel chocks are wedges of latex ...