Jordan / TNS Plans are in place to set up new stations to monitor air pollution in industrial areas in Jordan, officials at the Ministry of Environment said. The ministry will also enhance the performance of the 14 stations currently set up in Amman, Irbid and Zarqa, which are electronically linked to the ministry to test air pollution levels, ...
Read More »Saudi women earn more than men in private sector
TNS Women’s wages are higher than men in the private sector, according to figures released by the Saudi Arabian Monetary Agency (SAMA). Their monthly salary average is SR3,497 whereas for men it is SR2,417, while the gross average for both is SR2,417. However the percentage of average wage growth for men in 2015 was higher than women, increasing by ...
Read More »3 Amigos unveil climate and energy plan, NAFTA changes
Bloomberg The U.S., Canada and Mexico put climate change at the center of efforts to deepen the North American alliance, pledging to cut greenhouse gas emissions from the oil and gas sector, boost the development of clean power and build new cross-border transmission lines. President Barack Obama, Canadian Prime Minister Justin Trudeau and Mexico President Enrique Pena Nieto completed ...
Read More »Argentina overhauls GDP data, confirming economy in recession
Bloomberg Argentina unveiled the results of revised growth numbers for the past decade as the government of President Mauricio Macri seeks to restore investor confidence undermined by the previous administration. The data confirmed that the new president inherited an economy in recession. Gross domestic product shrank 0.7 percent in the first quarter from the last three months of 2015, ...
Read More »California sending more gas to Mexico as it warns of shortages
Bloomberg California is warning of natural gas shortages and potential blackouts this summer after a historic leak near Los Angeles. Meanwhile, it’s sending increasing volumes of the power-plant fuel to Mexico. Deliveries to the North Baja pipeline system in Mexico from California jumped 45 percent to 441 million cubic feet compared with two weeks ago, according to data compiled ...
Read More »Sugar costs most since 2012 as Brazil rain makes shortage worse
Bloomberg The world is running short on sugar and the tighter supplies are driving prices to the highest in almost four years. Supplies from Brazil’s Center-South, the country’s top growing region, probably fell 26 percent in the first half of June from a year earlier after rains hindered harvesting, a Bloomberg survey showed. Industry group Unica is set to ...
Read More »BMW to team up with Intel, Mobileye
Bloomberg Intel Corp. is working with Mobileye NV to develop self-driving car technology for BMW AG, said people familiar with the matter. Senior executives from each company will hold an event on Friday to discuss the driverless-vehicle initiative, said the people, who asked not to be named because the details are private. Jerusalem-based Mobileye has been an early leader ...
Read More »Boeing mulls stretching 777 to knock out Airbus A380 jet
Washington / Bloomberg Boeing Co. is proposing to stretch its largest 777 model to create a twin-engine behemoth aimed at delivering a knock-out blow to Airbus Group SE’s struggling A380 superjumbo jet, said people familiar with its plans. The U.S. planemaker has approached several carriers about the plane it calls the 777-10X, including Emirates Airline, the world’s largest operator ...
Read More »Qatar Air may raise stake in British Airways owner
Doha / Bloomberg Qatar Airways Ltd. is considering further increasing its stake in British Airways owner IAG SA after the U.K.-based company lost a third of its market value in the fallout from the country’s vote to leave the European Union, according to people familiar with the matter. Qatar Airways, already IAG’s largest shareholder, is exploring boosting its holding ...
Read More »Siemens to spend US$1.1bn on ‘disruptive ideas’ startups
Tokyo / Bloomberg Siemens AG is setting up a unit to invest 1 billion euros ($1.1 billion) over five years on “disruptive ideas,†the latest bid by Europe’s largest engineering company to move into digitalization and shed a reputation for being slow and cautious. Named next47, the unit will initially be overseen by Chief Technology Officer Siegfried Russwurm and ...
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