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Bloomberg The National Highway Traffic Safety Administration is considering eliminating regulations that currently block self-driving vehicles designed without steering wheels, brake pedals or other driver controls from hitting the road. The agency, in a document posted online, said it will soon ask automakers and technology companies to identify “any unnecessary regulatory barriers to automated safety technologies.” The move is an ...

Bloomberg The most important date for Apple Inc.’s iPhone X is arguably a week before the flagship smartphone actually reaches stores. Now consumers can pre-order the $999 device, and that will be shipped by November 3. It’s a smart tactical move for Apple because it helps lock people in— even though the company doesn’t collect payment until the phone actually ...

Bloomberg A US grand jury has approved the first charges stemming from special counsel Robert Mueller’s probe into Russian meddling in the 2016 election and possible collusion with Donald Trump’s campaign, according to multiple news reports. The charges are sealed under orders from a federal judge and it’s unclear who’s implicated, CNN reported, adding that arrests could come as soon ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, visited Emirates Airline’s lab at the Dubai Future Accelerators facility in Emirates Towers on Saturday. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council; HH Sheikh Maktoum bin ...

Dubai / WAM Dubai Electricity and Water Authority (DEWA), has connected 453 photovoltaic (PV), installations on the roofs of residential, commercial and industrial buildings in Dubai, with a total capacity of about 18.7 MW. This was carried out under the ‘Shams Dubai’ initiative launched by DEWA to encourage customers to install solar photovoltaic panels on the roofs of their premises ...

Sharjah / Emirates Business Investors in Canada will be receiving an in-depth analysis of Sharjah’s premium business environment and its array of economic opportunities with the participation of a high-level delegation from the emirate comprising of Sharjah Investment and Development Authority (Shurooq), Sharjah Investment Office (Invest in Sharjah) and the Sharjah Media City (Shams) at the Toronto Global Forum. Titled ...

DUBAI / WAM The second edition of The Global Franchise Market (TGFM), the official franchise show in Dubai, will kick off this Sunday featuring 60 brands from over 55 countries. Held under the patronage of Dubai Economy and organized by INDEX Conferences & Exhibitions, member of INDEX Holding, the event will take place from October 29-30 at the Dubai International ...

Bloomberg Indian Railways has floated a global tender to procure rails, a move that may end the monopoly of state-run supplier Steel Authority of India Ltd. as Asia’s oldest network seeks to plug a supply shortfall. The state-run freight and passenger carrier is seeking to buy 700,000 metric tons of rails for track upgrades, Railway Minister Piyush Goyal said. The ...

Bloomberg Alibaba Group Holding Ltd. Executive Vice Chairman Joe Tsai has agreed to buy 49 percent of the Brooklyn Nets from Russian billionaire Mikhail Prokhorov in a deal that values the National Basketball Association club at a record $2.3 billion, according to people familiar with the matter. The agreement gives Tsai the right to buy the remaining stake of the ...

­­­­­­­­­­­Bloomberg The Federal Emergency Management Agency is investigating a controversial $300 million contract to rebuild Puerto Rico’s power grid, a no-bid award that has spotlighted the agency’s poor record of policing similar grants and drawn scrutiny from its watchdog. Whitefish Energy Holdings LLC, a Montana-based company that had just two full-time employees prior to beginning its work in Puerto Rico, ...