September, 2021

• 4 September

  Apple plans to add satellite features to iPhones

  

  Bloomberg Apple Inc.’s push to bring satellite capabilities to the iPhone will be focused on emergency situations, allowing users to send texts to first responders and report crashes in areas without cellular coverage. The company is developing at least two related emergency features that will rely on satellite networks, aiming to release them in future iPhones, according to a person …

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• 4 September

  Facebook, Xiaomi eye India’s $1 trillion digital loan market

  

  Bloomberg India’s digital loan market is becoming a battleground for companies from Facebook Inc. to Xiaomi Corp., seeking a foothold in what’s set to be a $1 trillion industry. Facebook said India would be first country where it rolls out its small business loan program offering loans via a partner to firms that advertise on its platform. The loans will …

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• 4 September

  Nuro to build $40mn robot-car factory in Nevada

  

  Bloomberg Nuro Inc, which has unmanned delivery pods scurrying around Southwestern streets, said that it will build a $40 million facility to assemble and test a new generation of autonomous vehicles in Nevada. The expansion marks an inflection point for the five-year-old robotics startup. After three years refining its autonomous driving system while delivering groceries, prescriptions and pizza, it says …

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• 4 September

  Twitter plans new privacy-related tools

  Bloomberg Twitter Inc is planning to test new privacy-related features aimed at giving users greater control over their follower lists and who can see their posts and likes, an effort to make people more comfortable interacting and sharing on social network. The tools are related to what Twitter executives call “social privacy,” or how users manage their reputations and identities …

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• 2 September

  Oil falls as traders count down moments until Opec+ meeting

  

  Bloomberg Oil slipped ahead of an Opec+ meeting that should see further output added to a market that the group sees as needing extra supply. West Texas Intermediate falls by 1.3% after losing more than 7% in August, the biggest monthly decline this year. The Organisation of Petroleum Exporting Countries (Opec) and its allies including Russia are expected to ratify …

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• 2 September

  UAE condemns Houthis’ attempt to target Saudi

  ABU DHABI / WAM The UAE has strongly condemned the terrorist Houthi militias’ attempts to attack civilians and civilian objects in Najran, Saudi Arabia on Wednesday with a ballistic missile, which was intercepted by Coalition Forces. In a statement by the Ministry of Foreign Affairs and International Cooperation, the UAE reiterated that these systematic terror attacks by the Houthis reflect …

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• 2 September

  Siam Makro surges on $7b deal to control Lotus stores

  

  Bloomberg Siam Makro Pcl surged as much as 24% after Thailand’s biggest operator of cash-and-carry stores announced a plan worth about 218 billion baht ($7 billion) to take control of retailer Lotus from other affiliates of the Charoen Pokphand Group. The share-price gain was the biggest since August 2013, with the deal leading to Siam Makro taking a 76% stake …

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• 2 September

  Airbus secures $4.9b order from Boeing customer Jet2

  

  Bloomberg Airbus SE secured an order for 36 single-aisle planes from UK leisure carrier Jet2 Plc, picking off a Boeing Co customer with steep discounts as it seeks to regain sales momentum. The A321neo jets, scheduled for delivery over five years through 2028, are valued at $4.9 billion before “significant discounts,” Jet2 said in a statement. The number of planes …

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• 2 September

  India to offer indemnity to flag carrier bidder over Cairn claim

  

  Bloomberg India is set to absolve bidders for its loss-making flag carrier from any liability arising out of a lawsuit filed by Cairn Energy Plc, which has claimed the state-run airline’s assets over a long-running tax dispute with the government, according to people familiar with the matter. Prime Minister Narendra Modi’s administration will offer so-called indemnity to the financial bidders …

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• 2 September

  Southwest sued by pilots who allege labour law violations

  

  Bloomberg Southwest Airlines Co was sued by its pilots union and accused of violating federal labour law by unilaterally changing working conditions, rules and pay rates as travel collapsed because of the coronavirus pandemic. The carrier violated the Railway Labor Act by making changes in its contract, the Southwest Airlines Pilots Association said in a lawsuit filed in a Dallas …

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