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Bloomberg The Justice Department has abandoned its antitrust probe of four automakers that sided with California over President Donald Trump in a fight over the future of fuel economy and emissions requirements. The inquiry had targeted Ford Motor Co, Honda Motor Co, BMW AG and Volkswagen AG over their agreement last year with California regulators to voluntarily meet the state’s ...

Bloomberg Uber Technologies Inc and Postmates Inc are unlikely to put a quick stop to a landmark California law they call a monstrous threat to their business models. A judge signalled that she’s inclined to reject a request to temporarily shield the companies from Assembly Bill 5, which is aimed at converting gig-economy workers from independent contractors to employees with ...

Bloomberg Delhi voted in the bitterly contested state election on Saturday, with PM Narendra Modi’s Bharatiya Janata Party (BJP) in a tough fight to reclaim the capital region, marking the first major test at the ballot box of his religion-based citizenship law that’s spurred nationwide protests. About 14.6 million voters cast their votes to elect 70 members to the legislative ...

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, approved a decision to waive fees on various government services offered in Dubai, aimed at lowering the cost of living, facilitating the ease of doing business, and supporting investors. The waived fees include those for medical training ...

ABU DHABI / WAM FTSE Russell, the global index, data and analytics provider, on Wednesday, agreed to enter into a full index partnership with the Abu Dhabi Securities Exchange (ADX), to become its benchmark administrator for domestic equity indexes in Abu Dhabi. The signing ceremony took place at the ADX in the presence of Khalid Bin Shaiban Al Muhairi, Chairman ...

ABU DHABI / WAM Hub71 on Wednesday announced the rolling out of a new Corporate Engagement Programme and strategy to provide corporates with access to high growth startups transforming their sectors and enabling startups with access to major corporates as customers during the Technology Innovation Pioneers (TIP) Summit 2020 at New York University Abu Dhabi. The innovation team of the ...

DHAKA / WAM The Emirates Red Crescent (ERC) has continued providing humanitarian aid to Rohingya refugees in Bangladesh, upon the directives of the UAE’s leadership and the monitoring of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC). The aid includes the distribution of various relief materials that ...

Bloomberg The US is mulling a plan to withdraw from a global pact worth $1.7 trillion in government contracts, a person familiar with the matter said, in a move that may anger close allies during a delicate moment for trade. Officials in President Donald Trump’s administration are circulating a draft executive order that would trigger a US exit from the ...

Bloomberg President Donald Trump’s inevitable acquittal in the Senate’s impeachment trial on Wednesday has some House Democrats fretting that they should have delivered a more complete case to argue for his removal. Trump is emerging from the two-week Senate trial looking as strong as ever, barely wounded by the relentless details of his efforts to force Ukraine to investigate one ...

Bloomberg Luxury Asian vacations turned into a form of confinement for thousands of cruise passengers when authorities in Hong Kong and Japan said they would quarantine those aboard for up to two weeks after finding coronavirus infections aboard. The developments will come as a blow to Princess Cruises, the operator of a vessel that is being quarantined off Yokohama, and ...