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Musk’s SpaceX caps record year with satellite launch

Bloomberg SpaceX’s launch of a rocket carrying a batch of satellites into low-earth orbit caps a record year for the closely held company led by Elon Musk. The mission from California’s central coast was Space Exploration Technologies Corp.’s 18th this year. That’s more than any competitor and far exceeds the eight it launched in 2016 before a September explosion grounded ...

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UK’s Aston Martin recalls 5,000 cars in America

Bloomberg Best known as the maker of James Bond’s favourite car, Aston Martin is recalling more than 5,000 vehicles in the US because of a pair of problems. The Gaydon, England-based company, whose vehicles sell for more than $200,000, is recalling 3,493 DB9, DBS, Rapide, Virage and Vanquish vehicles made between 2009 and 2016 because of problems with the power ...

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Uber’s loss in Europe shows trans-Atlantic split over tech

Bloomberg A European Union decision to treat Uber Technologies Inc. like a taxi company spotlights a trans-Atlantic divide over how governments cope with disruptive technologies and could embolden US cities to restrict the ride-sharing service. The EU Court of Justice ruled against Uber, which had argued it’s a technology platform connecting passengers with independent drivers, not a transportation company subject ...

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ADSG hosts session on ‘natural capital a road to resilient economy’

ABU DHABI / WAM The Abu Dhabi Sustainability Group (ADSG), held a session that focused on ‘Natural Capital as the Road to A Prosperous and Resilient Economy’. The session examined and analysed what natural capital means, introduced the Natural Capital Protocol that provides updates on the progress made internationally, regionally and locally and explored how all attendees can support the ...

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Etisalat deploys first regional pre-commercial 5G

Abu Dhabi / WAM Etisalat on Sunday announced the successful launch of the first 5G Ultra-Mobile broadband experience in the region. A pre-commercial 5G network has been deployed in certain locations within the UAE including Abu Dhabi and Dubai. State-of-the-art 5G services have been demonstrated using an advanced 5G based drone that is equipped with 360 degree virtual reality, VR, ...

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As Bali losses hit $1 billion, Jokowi seeks to calm tourists

Bloomberg As losses from an erupting volcano in Bali nears $1 billion, Indonesian President Joko Widodo and his deputy were expected to visit the island to show the world that it’s a safe destination for Christmas and new year holidaymakers. Widodo, also known as Jokowi, visited Bali and chaired a meeting of his cabinet, the president’s office said in a ...

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Graying Singapore embraces technology to face health challenges

Bloomberg Singapore is embracing technology and focussing more on personal health, as an expected doubling of seniors over the next two decades forces the nation to confront politically sensitive decisions on financing and immigration. While Singapore’s aging population is something to celebrate in reflecting longevity, it’s also forcing the city to become more nimble in how it approaches the challenges, ...

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N Korea says new sanctions an ‘act of war’

Bloomberg North Korea rejected tighter United Nations sanctions aimed at curbing its nuclear expansion, describing the move as an “act of war” and vowing to avenge US sympathisers who approved it. The US “must abandon its hostile policy” towards North Korea, “learn to co-exist” and “wake up from its pipe-dream of our country giving up nuclear weapons,” the Korean Central ...

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Hamriyah Free Zone inks deal to expand its global footprint

Sharjah / WAM The Hamriyah Free Zone Authority (HFZA), signed a strategic partnership agreement with Gulf Publishing Company (GPC), the world’s largest independent media company devoted exclusively to the global energy industry for more than 100 years with a readership of over 100,000. World Oil, Hydrocarbon Processing, Pipeline & Gas Journal, Petroleum Economist and Gas Processing are the major publications ...

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Hamdan reviews DFF’s 2018 plan, projects

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 the Dubai Future Foundation (DFF), said that Dubai is not only taking the lead in shaping the future, but its accomplishments in this domain are also enabling it to export its ...

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