Frankfurt: So much has changed in the year since Volkswagen AG’s directors emerged from the boardroom with a spending plan to turn its cars into battery-powered software devices. But don’t expect that budget to do too much budging. When VW’s board convenes for its annual financial-planning meeting, directors will have to take into account the […]
Trump said “time will tell” if another administration takes over soon, the closest he has come to acknowledging Biden could succeed him.
The weather bureau has advised residents to stay away from wadis during heavy rains due to flash floods.
DETROIT/WASHINGTON: General Motors Co said on Friday it is recalling 68,677 electric cars worldwide that pose a fire risk after five reported fires and two minor injuries. The Detroit automaker said it will recall 2017-2019 model-year Chevrolet Bolt EVs with high voltage batteries produced at LG Chem’s Ochang, Korea facility. The National Highway Traffic Safety […]
Trump said “time will tell” if another administration takes over soon, the closest he has come to acknowledging Biden could succeed him.
DUBAI: News that a Pfizer vaccine is 90% effective against COVID-19 has been hailed as a “miracle”. In the race against time, the announcement signalled that the fight against the virus is now turning in man’s favour. On Monday, following the vaccine breakthrough report, the company’s stock price went ballistic, along with oil prices. Airline […]
Tedros Adhanom Ghebreyesus calls for ‘urgency and innovation’ in vaccine delivery.
Abu Dhabi: ADQ, one of the region’s largest holding companies has announced Wednesday that it has signed an agreement to acquire an indirect 45 per cent equity stake in Louis Dreyfus Company (LDC), a leading global merchant and processor of agricultural goods. As part of this transaction, LDC also signed a long-term commercial supply agreement […]
Los Angeles: Walt Disney Co. on Thursday said it swung to a loss in the just-ended quarter as the global pandemic hit its theme parks and cinema operations. The media-entertainment powerhouse reported a loss of $710 million (Dh2.6 billion) in the period ending October 3, compared with a $777 million profit in the same period […]
Festival of Lights commences with Dhanteras on Friday.