January, 2018

• 20 January

  Apple’s new feature to control kids’ phone use

  

  Bloomberg Apple Inc. said it plans new features to help parents control how children use its smartphones, responding to criticism from two shareholders about the entrancing qualities and potential mental health impact of the company’s iPhone. “Apple has always looked out for kids, and we work hard to create powerful products that inspire, entertain, and educate children while also helping ...

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• 20 January

  Mazda revives rotary engine for Toyota’s self-driving fleet

  

  Bloomberg Mazda Motor Corp. stopped selling rotary engines in 2012 after spending nearly half a century trying to perfect them. The company is reviving the classic technology now in what seems like an unlikely place: battery-powered, self-driving vehicles it’s developing with Toyota Motor Corp. to deliver everything from pizza to people. Mazda will provide rotary engines to run generators that ...

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• 20 January

  Kodak Super 8 cameras, BlackBerrys made modern

  

  Bloomberg Even as we flirt with Jetsons-style bathrooms hooked up to digital assistants and breakneck races of flying “cars,” one thing remains clear: Despite ever-improving technology, our nostalgia-tuned minds remain glued to the rear-view mirror. At CES, Kodak made that abundantly clear when it revealed footage from its hotly-anticipated reboot of the Super 8 camera, which revolutionised amateur filmmaking when ...

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• 20 January

  British airlines risk losing rights in EU after Brexit

  

  Bloomberg The European Union may attempt to strip British airlines of some flying rights after Brexit, with officials in Brussels warning that UK-based carriers could see their ability to compete across the bloc impeded. A meeting of the European Commission and diplomats from the remaining 27 EU countries has taken the first steps in sketching out the EU’s negotiating position ...

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• 20 January

  Primark can’t dodge Europe’s retail woes as store sales slow

  

  BLoomberg Associated British Foods Plc’s Primark reported a slowdown in sales growth in the first quarter, showing that even the most reliable fashion retailers aren’t immune to the rise of online shopping. At constant currency rates, Primark’s sales rose 7 percent in the 16 weeks to January 6, the London-based company said. That missed analysts’ estimates for growth of 10 ...

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• 20 January

  FAA investigates snow removal at JFK Airport

  Bloomberg The US government has opened an investigation into snow removal at New York’s John F. Kennedy International Airport following a storm earlier this month that snarled scores of flights. The Federal Aviation Administration is probing the Port Authority of New York and New Jersey’s actions during the storm on January 4-5, the agency said. The investigation will determine “if ...

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• 20 January

  Asian airports’ earnings, share prices may jump

  

  Bloomberg Asian airport operators’ earnings, and their share prices, may be ready to take off. Rising wealth, improving connectivity and social media penetration will spur spending on international air travel, Morgan Stanley analysts including Daniel Lau wrote in a research report. Operating profit growth for airports under the firm’s coverage will pick up to a 9.5 percent compounded annual growth ...

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• 20 January

  Iceland airport to spend $1 billion to boost capacity

  

  Bloomberg A tourist boom has caused traffic at Iceland’s Keflavik airport to grow more than five-fold over the past nine years, with a predicted 10 million passengers this year. Now Iceland’s main entry point to the world is preparing to accommodate twice as many. The airport expects to invest about $1 billion over the next 7 to 8 years to ...

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• 20 January

  US solar sector has a $1.5 billion, long-shot plan to end a trade war

  

  Bloomberg While President Donald Trump prepares to announce his decision on new solar panel import tariffs, the US industry is quietly trying to broker a sweeping deal to settle a different trade dispute with China involving an estimated $1.5 billion held by Washington. Since 2012, the US has been collecting duties on panels imported from China. American solar companies are ...

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• 20 January

  Aramco CEO says ready for IPO in second half of year

  

  Bloomberg Saudi Arabian Oil Co. is ready for its initial public offering in the second half, with the government yet to decide where to list the shares, Chief Executive Officer Amin Nasser said. The kingdom will decide where the stock will be traded, not the company, Nasser said at Aramco headquarters in Dhahran, in eastern Saudi Arabia. One option being ...

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