Bloomberg Getting products from one place to another with as little human contact as possible is becoming an imperative for businesses as retailers, warehouses and transport providers adapt to the coronavirus pandemic, seeking to minimise the risk of infections to their employees and customers. Tsubakimoto Chain Co. is seeing more demand for its sorting and conveyor systems as companies seek ...

Bloomberg Facebook Inc. mistakenly shared some users’ personal data with outside developers for a longer period of time than promised, in a breach of policies the social network implemented following the Cambridge Analytica scandal of 2018. The company previously said that third-party app developers would be blocked from accessing user data if a person didn’t interact with the developer’s app ...

Bloomberg The takeover of fitness tracker Fitbit Inc. by Alphabet Inc.’s Google should get close scrutiny from global regulators because it would allow Google to strengthen its already dominant position in digital markets, privacy and consumer groups said. A coalition of 20 organisations raised their concerns in a statement sent to antitrust authorities in seven jurisdictions, including the US and ...

Bloomberg Chinese flexible display maker Royole Corp. is weighing an initial public offering in China while its planned US listing is put on hold, according to people familiar with the matter. Royole had filed confidentially for a US IPO that could raise about $1 billion, Bloomberg News reported earlier this year. However, the startup is now considering a listing in ...

Bloomberg Daimler AG plans to sell its factory in Hambach, France, as the maker of Mercedes-Benz cars pursues deeper-than-expected restructuring to overcome the fallout of the coronavirus pandemic. The move to unload the home of the Smart two-seater will result in a negative one-time effect of roughly $562 million in the second quarter, Daimler said. It doesn’t expect an impact ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has received a telephone call from President Carlos Alvarado Quesada of Costa Rica on the prestigious strategic relations binding the two friendly nations, as well as regional and international issues of mutual interest. President ...

Bloomberg Oil rose for a second day as a bigger-than-expected drop in American crude stockpiles and plunging output from Opec producers outweighed nervousness about a resurgence of coronavirus in the US. Futures held near $40 a barrel in New York after rising 1.4% as the Energy Information Administration (EIA) reported a 7.2 million-barrel decrease in US inventories last week, the ...

Dubai / WAM Terminus Technologies, a China-based leader in smart technologies such as artificial intelligence and robotics has been named Expo 2020 Dubai’s latest Premier Partner and has signed a long-term lease at District 2020 as part of the innovation ecosystem that will evolve after the event. As Expo 2020 Dubai’s Official Robotics Partner, Terminus will deploy more than 150 ...

NEW YORK / WAM Deputy Permanent Representative of the Kingdom of Saudi Arabia to the United Nations Dr Khalid bin Muhammad Manzalawi has affirmed that the Kingdom of Saudi Arabia supports the UAE in its candidacy for non-permanent membership of the UN Security Council (UNSC) for the period 2022-2023, urging countries to support its candidacy. In his speech during the ...

Abu Dhabi / WAM The Ministry of Economy has said that the UAE is among the most active countries in the Middle East and North Africa in providing financial and cash incentives to support its markets, banks and economic activities in recent months. In its study, the ministry explained that the incentives and measures launched by the country have been ...