Bloomberg A 2005 Porsche Carrera GT has sold for $1.9 million on the car auction website Bring a Trailer (BAT). The $1,902,000 final sale set a world record for the highest amount of money paid at auction for the V10 supercar. It also set the record for the highest amount of money ever spent on any vehicle at BAT. ...

  Bloomberg Intel Corp plans to spend $20 billion on a chipmaking hub on the outskirts of Columbus, Ohio, which the company expects to grow to be the world’s biggest silicon-manufacturing site. The chipmaker will begin construction of two fabrication plants on a 1,000-acre site in New Albany, which it expects to be operational by 2025, said the person, asking ...

  Bloomberg Samsung Electronics Co introduced its first mobile processor powered by Advanced Micro Devices Inc. graphics as the company tries to better compete with the gaming prowess of archrival Apple Inc.’s iPhones. The new Exynos 2200 processor is built using Samsung’s most advanced 4nm fabrication process and is the industry’s first mobile chip with hardware support for ray tracing, ...

  ABU DHABI / WAM Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the emirate of Abu Dhabi, is set to showcase its latest healthcare innovation projects and reveal new prestigious partnerships with global leading organisations from around the world at Arab Health 2022. DoH’s participation at the exhibition will bring together local and ...

  ABU DHABI / WAM Abu Dhabi has been selected by the World Veterinary Association as host for the 37th edition of its prestigious annual Congress taking place for the first time in the Middle East. Being held at the Abu Dhabi National Exhibition Centre from March 29-31, the event will be organised by the Emirates Veterinary Association, bringing together ...

  Bloomberg Oil dropped alongside other financial assets and commodities as crude’s sizzling rally ran out of steam after hitting a seven-year high. Futures in New York slumped more than 3%, before paring losses to trade near $84 a barrel, following a decline in stocks and raw materials including copper. Crude has posted a gain of more than 10% so ...

  Bloomberg India is inching towards a major milestone: opening its $1 trillion government bond market to more international investors, one of the most ambitious attempts to attract foreign inflows since the country liberalised its economy three decades ago. Policy makers have spent months preparing to join global indexes, key benchmarks that increasingly determine how large asset managers allocate their ...

  ABU DHABI / WAM The UAE and Turkey are expected to sign new agreements and “renew previous commitments” during the expected visit of the Turkish President, Recep Tayyip Erdogan, to the UAE in February, a senior Turkish official said. “Our president’s visit to the UAE is currently confirmed and the preparations are ongoing. This is going to be a ...

  Dubai / WAM The Emirates Nuclear Energy Corporation (Enec) and the French Nuclear Industry Group (Gifen) co-hosted the 4th edition of E-Fusion (Emirati-French Industrial Supply Chain Initiative for Nuclear), held as part of the French Nuclear Energy Day at the French pavilion at Expo 2020 Dubai. Representatives from local and international nuclear industry companies, government officials and energy experts ...

  Dubai / WAM Healthcare and trade professionals representing nearly 160 countries will participate in Arab Health and Medlab Middle East, as the largest healthcare and laboratory exhibitions in the Mena region return to Dubai next week. Taking place at the Dubai World Trade Centre, from January 24-27, under the show themes of ‘United by business, forging ahead’ and ‘Connect ...