Bloomberg Boeing Co. has disclosed a new batch of internal messages related to the 737 Max program to federal regulators. The documents were turned over to the Federal Aviation Administration (FAA), the agency said in a statement. The disclosure came as Boeing ousted its chief executive officer. This was the second time that Boeing has delayed turning over to the ...

Bloomberg Beyond Meat Inc. is deepening its partnership with Hardee’s and Carl’s Jr., by offering more menu items and expanding to new locations. The chains, both owned by parent CKE Restaurants, will offer Beyond Meat products on their breakfast, lunch and dinner menus this month. Carl’s Jr., which already had the Beyond Burger, will now offer breakfast burritos and sandwiches ...

Bloomberg Motorola is delaying the launch of the foldable Razr smartphone in North America, saying demand for the $1,500 device has outstripped its supply predictions. The handset, announced in November, was supposed to become available for pre-order in December and begin shipping to customers in January. “Motorola has decided to adjust Razr’s presale and launch timing to better meet consumer ...

Abu Dhabi / WAM Choosing UAE-grown produce can help support sustainability and contribute towards solving food and water security, Madar Farms’ Head of Operations, Kyle Wagner, said during an event in Abu Dhabi. During a panel discussion at New York University Abu Dhabi (NYUAD), with Mariam Hareb Almheiri, Minister of State for Food Security, he urged the public to take ...

DUBAI / WAM DP World has been awarded a 30-year build-operate-transfer (BOT), concession by the Saudi Ports Authority (Mawani), for the management and development of the Jeddah South Container Terminal at the multi-purpose Jeddah Islamic Port. Under the agreement, DP World will invest up to $500 million to improve and modernise the Jeddah Islamic Port, including major infrastructure development to ...

ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa), announced on Monday that it has secured a $3.5 billion revolving credit facility. The new 5-year multicurrency facility with a syndicate of 13 banks will be used for general corporate purposes and will replace its existing $3.1 billion revolving credit facility, signed in August 2015. Commenting on the news, Mohammed ...

ABU DHABI / WAM Abu Dhabi Developmental Holding Company (ADDH), and Group 42 (G42), announced on Monday the signing of an agreement to establish a joint venture to provide AI-enabled products and services to the portfolio companies of ADDH. Under the terms of the agreement, Adalytyx will be established as a separate legal and operating entity. Adalytyx will leverage G42’s ...

ABU DHABI / WAM The Emirate of Abu Dhabi has seen a 71 percent increase in works of art, collectors’ pieces and antiques trade commodity. In a trade figures report released by the Statistics Centre – Abu Dhabi (SCAD), total trade of the commodity for the first nine months of 2019 reached approximately AED6.60 billion, compared to AED3.86 billion for ...

Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council, and Chairman of the Board of Trustees of Dubai Future Foundation has said that Dubai continues to strive to become one of the leading nations shaping the future of the world, guided by the vision of His Highness Sheikh ...

FREETOWN / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, has led a delegation from the UAE on an official working visit to the Republic of Sierra Leone, to discuss ways of enhancing bilateral cooperation between the two friendly countries. During his meeting with President Julius Maada Bio of Sierra Leone, Dr. Al Jaber conveyed the greetings ...