AT&T prefers easier route to Time Warner purchase

    Bloomberg AT&T Inc. and Time Warner Inc. said they can avoid having the Federal Communications Commission scrutinize their proposed merger, eliminating a significant hurdle in the path of the $85.4 billion deal that’s attracted criticism from President-elect Donald J. Trump. “While subject to change, it is currently anticipated that Time Warner will not need to transfer any of ...

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Single market access not for sale, ex top EU official warns UK

  Bloomberg Britain must choose whether to be in or out of the single market when it pulls out of the European Union because piecemeal access isn’t “for sale,” said Jonathan Faull, who retired this month from his post as one of the bloc’s former top civil servants. “I don’t think it is a question of buying your way somehow ...

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US grid in ‘imminent danger’ from cyber-attack: Study

  Bloomberg The US Energy Department says the electricity system “faces imminent danger” from cyber-attacks, which are growing more frequent and sophisticated, but grid operators say they are already on top of the problem. In the department’s landmark Quadrennial Energy Review, it warned that a widespread power outage caused by a cyber-attack could undermine “critical defense infrastructure” as well as ...

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Ford expects Trump to deliver tax reform promise

  Bloomberg Ford Motor Co., fresh from canceling a Mexico factory Donald Trump criticized, expects the incoming president to deliver on promises of tax reform that will benefit US manufacturers. “The environment is probably the best it’s been in quite some time to actually have tax reform,” Mark Fields, Ford’s chief executive officer, said at CES, formerly the Consumer Electronics ...

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Euro-area economic confidence highest since 2011

  Bloomberg Euro-area economic confidence jumped to the highest since 2011 at the end of last year after the European Central Bank extended its stimulus and the recovery in the 19-nation region showed further signs of strengthening. An index of executive and consumer sentiment increased to 107.8 in December from a revised 106.6 in November, the European Commission in Brussels ...

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Innovations that help you lead a smarter life

  Bloomberg Here’s a morning routine for you. After the alarm on your smartphone goes off, it’s time to roll out of your “smart” bed and give your hair a good run through with your app-connected brush. Don’t forget to use your smart toothbrush in front of your smart mirror. After that, your smart pillbox will remind you to take ...

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LG showcases lineup of futuristic robotic products

  Dubai / Emirates Business This week at CES® 2017 in Las Vegas, LG Electronics (LG) showcased a groundbreaking new lineup of intelligent robots, as part of the company’s innovations in artificial intelligence and developments in the IoT ecosystem. The lineup includes a home robot that doubles as a smart home gateway and intelligent home notification center, enhancing convenience in ...

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BlackBerry, Giuliani Partners to fight cyber threats

  Emirates Business BlackBerry Limited announced that BlackBerry Secure has been selected by Giuliani Partners as the underlying software platform to support the firm’s cybersecurity consulting services for government and enterprise customers. Under the partnership, Giuliani Partners will take advantage of BlackBerry’s leadership in secure mobile communications technology to assess infrastructures, identify potential cyber security vulnerabilities, address gaps and secure ...

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Abu Dhabi eyes 450,000 cruise ship visitors by 2020

    Abu Dhabi / Emirates Business The cruise sector in Abu Dhabi is celebrating a year of achievement with record numbers of ship calls and passengers arriving in the emirate during the previous season and the successful launch of the Arabian Gulf’s only dedicated cruise beach stopover. During the season, which runs from October until June, Abu Dhabi received ...

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AURAK, UAE Space Agency sign cooperation agreement

  Abu Dhabi / WAM The American University of Ras Al Khaimah (AURAK) signed a partnership agreement with the UAE Space Agency, for research-based cooperation and knowledge-sharing in the space sector. A delegation from the university, consisting of Professor Hassan Hamdan Al Alkim, its president, Professor Mousa Mohsen, dean of the School of Engineering and director of RAK Research and Innovation ...

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