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Abu Dhabi / WAM ADNOC Distribution on Tuesday announced a new customer-centric approach that provides its clients with a greater choice of services when purchasing fuel. From mid-April, customers at service stations in Abu Dhabi will have the choice of a new premium service, for a small fee, or a self-serve option. The premium and self-serve options will then be ...

Bloomberg An Indonesian cabinet member has threatened to shut down Facebook Inc. if there is any evidence the personal data of citizens is being harvested or the social media giant fails to crack down on “fake news” during upcoming elections. Amid continuing fallout over revelations the data of 50 million Facebook users was obtained by a firm that helped US ...

Bloomberg Toshiba Corp. is sticking with its plans to sell its memory chip unit despite regulatory hurdles, said Nobuaki Kurumatani, who took over as the chief executive officer and chairman of the Japanese electronics maker this month. It would take “substantial material” changes for the company to invoke its right to terminate its sale agreement with a group led by ...

Bloomberg John Flannery’s reshaping of General Electric Co. is getting underway. After taking the helm in 2017, the chief executive officer promised to shed businesses from lighting to locomotives in a bid to simplify the beleaguered manufacturer. Complexity, he said, was at the root of many of GE’s problems. He started following through April 2 when one of the company’s ...

Bloomberg Walt Disney Co. offered to buy Sky News to help Rupert Murdoch’s 21st Century Fox Inc. win over UK regulators reviewing Fox’s 11.7 billion-pound ($16.5 billion) acquisition of broadcaster Sky Plc. Disney is interested in acquiring Sky News regardless of whether its larger $52.4 billion takeover of most of Fox goes through, guaranteeing the editorial independence of the operation, ...

Bloomberg The American consumers who were stretching themselves to buy or lease a new car are starting to go missing from showrooms. Rising interest rates and new-vehicle prices are squeezing shoppers with shaky credit and tight budgets out of the market. In the first two months of this year, sales were flat among the highest-rated borrowers, while deliveries to those ...

Bloomberg President Donald Trump says the US will withdraw troops from Syria “very soon.” He’s also vowed to counter Iran’s influence throughout the Middle East. Doing both at the same time may be impossible. Trump’s off-the-cuff aside at a rally in Ohio last week — “We’re knocking the hell out of IS. We’ll be coming out of Syria, like, very ...

Tokyo / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met Hiroshige Seko, Japanese Minister of Economy, Trade and Industry, during his current official visit to Japan. During the meeting, the two sides discussed bilateral relations between the UAE and Japan and ways of boosting and developing them in the economic, investment ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, accompanied by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, visited the Translation Challenge site to review its progress, which falls under the Mohammed bin Rashid Al ...

DUBAI / WAM His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, on Monday met Alfred Kelly, CEO of Visa, at the Dubai International Trade Centre. Sheikh Maktoum welcomed Kelly and his delegation, highlighting Dubai’s efforts to promote investment and benefit the national economy. His Highness said that all companies, investors and people in business ...