Blog List Layout

Bloomberg The Indian conglomerate that owns Jaguar Land Rover (JLR) said it is open to finding partners for the automaker but isn’t planning on selling the embattled unit. “We’re not going to sell,” said Natarajan Chandrasekaran, chairman of Tata Sons Ltd, the holding company in an expansive business empire that includes Tata Motors Ltd. “Auto is a core business for ...

Bloomberg Huawei Technologies Co, the wireless network giant blocked from selling its equipment in the US and some other markets, is betting it can find customers for its 5G gear in India, where the government has yet to weigh in on US calls for a boycott against the Chinese company. The world’s largest maker of components for 5G networks said ...

Bloomberg Labour talks between General Motors (GM) Co and United Auto Workers (UAW) leaders are pushing into Wednesday, inching toward a tentative agreement that could end a strike now in its fifth week. Negotiators are showing signs of progress: GM Chief Executive Officer Mary Barra made a personal appearance at the main bargaining table, and UAW bosses have summoned their ...

Bloomberg The UK will introduce mandatory checks on trucks to ensure they’re ready to cross the border in the event of a no-deal Brexit as a majority of businesses remain unprepared, the public spending watchdog said. The border will be “less than optimal” under a no-deal exit, meaning delays for businesses and the public, the National Audit Office (NAO) said ...

Bloomberg Germany’s car industry built its world-class reputation on sedans like the Audi A4, the BMW 5-Series and the Volkswagen Passat, reliable models that look good in the family driveway or company lot. But a shift in consumer taste to more hulking vehicles is coming at the worst possible time. Demand for sport utility vehicles that initially took hold in ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Vladimir Putin of Russia on Tuesday held an official meeting at the Presidential Palace in Abu Dhabi. His Highness welcomed the Russian President and his accompanying delegation. Sheikh Mohamed bin Zayed expressed ...

Abu Dhabi / WAM The Abu Dhabi Government and the Abu Dhabi National Oil Company (Adnoc), awarded to a subsidiary of the Russian listed PJSC Lukoil Oil Company (Lukoil), a five percent stake in the Ghasha ultra-sour gas concession that comprises the Hail, Ghasha, Dalma and other offshore sour gas fields in the Emirate of Abu Dhabi. At the same time, Adnoc, ...

ABU DHABI / WAM The UAE Space Agency (UAESA), announced the details of its National Space Strategy 2030 and National Space Investment Plan, complementing the regulatory and legislative framework of the UAE’s national space sector and in line with the strategic objectives of the Agency. The announcement was made during an official ceremony held in the UAE capital, Abu Dhabi. ...

ABU DHABI / WAM The Abu Dhabi Department of Energy (DoE), sought out cooperation opportunities with Russia’s Ministry of Energy in the conventional and renewable energy sectors. The Chairman of the Abu Dhabi DoE, Awaidha Murshed Al Marar, met with Russian Minister of Energy, Alexander Valentinovich Novak, to discuss opportunities for collaboration on the sidelines of Russian President Vladimir Putin’s visit ...

Bloomberg Forces loyal to Syrian President Bashar al-Assad took control of the strategic town of Manbij near the Turkish border amid growing pressure on Ankara to end an offensive that has drawn US and European sanctions and accusations of war crimes. In its strongest comments yet, Russia said the offensive was “unacceptable” and it was opposed to the presence of ...