Sectors
Egypt president says no magic bullet for power problems after major blackout
President Abdel Fattah al-Sisi prepared Egyptians on Saturday for more blackouts after lights went out across much of the country this week, saying it would take time and cost the cash-strapped state $12 billion to upgrade the decrepit power grid.
Emirates airline says Ex-Im Bank not critical for its plane financing
Emirates, Dubai's flagship airline, would not have trouble buying planes from Boeing Co (BA.N) even if the U.S. Congress fails to renew the U.S. Export-Import Bank's charter later this month, a senior company executive said on Friday.
Carmakers, others fund research toward cars that talk to each other
A group of companies, including several large automakers, have joined a public-private research initiative to lay the groundwork for a system that wirelessly connects vehicles and helps smooth the flow of traffic, the University on Michigan said on Friday.
Intel and Fossil to create wearable tech
Chipmaker Intel Corp on Friday said it would work with watches and fashion accessory retailer Fossil Group to develop wearable computing devices.