How UAE car owners are chasing the electric dream and is it really worth it?

Dubai: Close the price gap. Or if that’s not possible just yet, at least try to reduce the price difference. For any carmaker wanting to sell electric cars or hybrids, this offers the best route to win over buyers from choosing a standard vehicle. Toyota has done just that with the launch of the hybrid […]

France to lead search for Lagarde successor at IMF

Chantilly, France: French Finance Minister Bruno Le Maire said on Thursday he will lead talks on finding a single European candidate to succeed Christine Lagarde as head of the International Monetary Fund (IMF). The post of IMF managing director, which by convention goes to a European, became vacant after Lagarde was tapped by EU leaders […]

Rich nations agree plan on digital tax

Chantilly, France: Ministers from G7 top economies on Thursday reached consensus on steps towards an accord on taxing digital giants, an issue that has divided the United States and its allies Britain and France. French Finance Minister Bruno Le Maire, who hosted the two-day meeting in Chantilly outside Paris, hailed the consensus as unprecedented, although […]