VW in talks with peers to share its electric know-how

Frankfurt: Volkswagen AG is in talks with other manufacturers on sharing the key technology underpinning its future Porsche and Audi electric car models, part of an effort to build scale and spread development costs. “There’s definitely interest,” Ulrich Widmann, head of development at Audi for the joint engineering project, said at a press briefing in […]

Expo 2020 partners with Al Ain Farms

DUBAI: Expo 2020 Dubai has named Al Ain Farms as the Official Dairy Provider of the upcoming World Expo. Founded in 1981, Al Ain Farms is the UAE’s largest integrated dairy company with automated feeding and cooling systems for its cows, camels and chickens, as well as cutting-edge technology for feeding, milking and processing. It […]

Facebook launches new app “Threads from Instagram”, read all about it

The idea behind this, according to Facebook, is meant for a smaller circle of friends of Instagram users. “We saw the need for Instagram users to stay more connected throughout the day, so you can communicate what you’re doing and how you’re feeling through photos and videos. That’s why we built Threads, a new way […]

Hawkish former European Central Bank officials lambast Mario Draghi’s monetary policy

Frankfurt: European Central Bank President Mario Draghi’s latest monetary-stimulus initiative was lambasted by a group of former policymakers criticising the institution’s stance and its approach to its inflation goal. “As former central bankers and as European citizens, we are witnessing the ECB’s ongoing crisis mode with growing concern,” officials including prior chief economists Otmar Issing […]

The great onion crisis in India is back to Modi’s dismay

New York: Onions in India are once more at the epicentre of a major controversy, pitting government officials who want lower prices against farmers that need extra income. Prices of the vegetable, as ubiquitous as spices in Indian cooking, surged more than 200 per cent in September from previous months after flooding from heavy monsoon […]

Abu Dhabi to host UAE-Lebanon Investment Conference on October 7

ABU DHABI: Abu Dhabi will host the second UAE-Lebanon Investment Conference on October 7 under the auspices of the Ministry of Economy and Abu Dhabi Chamber of Commerce and Industry. The conference includes several sessions and workshops that bring UAE investors together with their Lebanese counterparts in the presence of a high-level Emirati and Lebanese […]