Abu Dhabi Firm
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Abu Dhabi, once an untapped desert city, sees its first brewery open as UAE relaxes its alcohol laws
In 2018, Chad McGehee opened Side Hustle Brews and Spirits, an Abu Dhabi-branded brewery and distillery with funky camels on its cans and playful names familiar to anyone living in the United Arab EmiratesABC News - World -
Firm Retention Summary: Ambri
This is a summary of a request from Ambri to hire Goodwin Procter as restructuring counsel, filed May 9 with the U.S. Bankruptcy Court in Delaware.The Wall Street Journal - World -
Water firm 'fallen short' on parasite outbreak
Susan Davy says South West Water will "not stop working until the situation has been resolved".BBC News - Top stories -
Water firm criticised over 'scary' outbreak
A caretaker from Brixham says it is "probably the worst ailment" he has had in his adult life.BBC News - Top stories -
Water firm's response to outbreak contemptible - MP
South West Water says some 16,000 homes and firms are affected but it is clearing the contamination.BBC News - Top stories -
Chinese Firms Face Authoritarianism at Home and Hostility Abroad
The experience of TikTok’s owner, ByteDance, in Beijing and Washington shows how much the ground has shifted for China’s entrepreneurs.The New York Times - Business -
Law firms probe best ways to win a head start on using AI
Legal innovators in the Asia-Pacific region are racing to show how they will adapt to the latest techFinancial Times - World -
Wanted: Japanese firms’ policy advice on AI, trade and crypto
Legal expertise based on experience in government and industry is in demand to help shape regulationFinancial Times - World - Japan -
Grand Theft Auto maker firms up GTA 6 release date
The latest instalment of the hugely popular series will be released in autumn 2025, its publisher says.BBC News - Top stories -
UK engineering firm Arup falls victim to £20m deepfake scam
Hong Kong employee was duped into sending cash to criminals by AI-generated video call. Business live – latest updatesThe British engineering company Arup has confirmed it was the victim of a deepfake fraud after an employee was duped into sending ...The Guardian - World - United Kingdom -
Post-Brexit border checks forecast to cost UK £4.7bn, says NAO
Watchdog says says repeated delays have caused unnecessary costs and strategy lacks a ‘clear timetable’. The government expects to have spent at least £4.7bn on introducing post-Brexit border controls, which have been repeatedly hit by delays, the ...The Guardian - World - United Kingdom -
Half of venture firms will ‘fade or fail,’ prominent VC forecasts
As many as half the venture-capital firms will fade or fail, says a prominent player in that space.MarketWatch - Business -
Why US law firms outgun City rivals in battle over pay
Rates for newly qualified lawyers have become a proxy for firm qualityFinancial Times - Business -
Crypto Venture Firm New Form Aims to Raise $100 Million Fund
Crypto and blockchain-focused venture firm New Form Capital is returning to the fundraising market, seeking to raise a $100 million fund in the latest sign investors remain bullish on the once-beleaguered crypto sector.The Wall Street Journal - World - Crypto -
Four minors found working at Alabama poultry plant run by same firm found responsible for Mississippi teen's death
Four minors were allegedly found working at an Alabama slaughterhouse run by the same firm found responsible for the death of a Mississippi 16-year-old in 2023.NBC News - Top stories -
$9 billion travel tech firm Navan on track to hit profitability this year and 'not far' from IPO, CEO says
The boss of travel and expense management platform Navan told CNBC he's preparing the company to get its business into shape for an IPO this year.CNBC - Business -
Grayscale CEO Michael Sonnenshein steps down as firm’s bitcoin ETF bleeds assets
Grayscale Investments has named a new chief executive as Michael Sonnenshein stepped down after helping to pave the way for spot bitcoin exchange-traded funds that are now posing hot competition for the firm.MarketWatch - Business - Crypto -
Trex, a maker of weatherproof decking, will invest $450 million to boost capacity and give the company a firm footing in the South, bucking forecasts for a decline in home-improvement spending.
Trex, a maker of weatherproof decking, will invest $450 million to boost capacity and give the company a firm footing in the South, bucking forecasts for a decline in home-improvement spending.The Wall Street Journal - World