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Musk touts 146,000 orders for Tesla’s electric pickup truck

Bloomberg Tesla Inc Chief Executive Officer Elon Musk said the company has amassed 146,000 orders for its Cybertruck, less than 48 hours after the polarising vehicle was first shown amid shattered glass. The electric-car maker has a history of unveiling future products to throngs of excited customers, taking deposits, and then delivering years later. Two years ago, Tesla showed off ...

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Record turnout in first Hong Kong vote since protests began

Bloomberg A record number of Hong Kongers cast ballots in district elections by Sunday afternoon, with hours to go before polls were due to close, as they seized the first opportunity to vote after months of increasingly violent protests calling for greater democracy. Some 2.5 million people, or roughly 60% of the financial hub’s electorate, had voted by 6:30 pm, ...

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VP, Mohamed to chair 3rd UAE government annual meetings

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces will be chairing the third UAE Government annual meetings in Abu Dhabi, which will commence on ...

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UAE, Uzbekistan launch 1 million coders initiative

TASHKENT / WAM International partnerships are key to shaping the future of governmental processes, said Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future. Al Gergawi made the remarks as the head of the UAE delegation to the launch of the ‘One Million Uzbek Coders’ initiative at Inha University in Tashkent, Uzbekistan. “Building international partnerships for shaping ...

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12mn travellers visit Dubai in 9 months

DUBAI / WAM A surge in arrivals over the summer months accelerated Dubai’s tourism momentum, as the city welcomed 12.08 million international overnight visitors in the first nine months of 2019, according to the latest visitation figures released by Dubai’s Department of Tourism & Commerce Marketing (Dubai Tourism). The strong 4.3 percent increase in volume growth compared to the same ...

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Solar energy generated over 250k MW-hour of electricity to Abu Dhabi

Abu Dhabi / WAM According to statistics from Statistics Centre-Abu Dhabi (SCAD), in 2018, Abu Dhabi achieved progress in terms of its electricity production from solar energy, increasing from 17,986 megawatt-hours in 2011 to 249,695 megawatt-hours in 2018. The report also pointed out that 88.4 percent of the electricity produced from solar energy was transferred through the emirate’s electricity distribution ...

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Amazon sues over lose of $10bn JEDI cloud contract

Bloomberg Amazon.com Inc filed a lawsuit challenging the Defense Department’s choice of rival Microsoft Corp for a Pentagon cloud-computing contract worth as much as $10 billion. The lawsuit, which was filed under seal in the US Court of Federal Claims in Washington, marks Amazon’s most aggressive push to defend its competitive edge in the lucrative and cutthroat world of federal ...

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Audi China in talks to buy BYD batteries

Bloomberg Audi AG said it is in talks to buy batteries from China’s BYD Co for its locally made cars, a move that would break the luxury automaker’s reliance on a single supplier in the country as it rolls out new electrified models. “We are in talks with BYD, but I cannot tell you details,” Gaby-Luise Wuest, Audi’s recently appointed ...

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India to defer spectrum fees to help ailing phone carriers

Bloomberg India will defer spectrum payments due from telecommunications companies for two years to help an industry ravaged by a year-long price war, mounting debt and a court decision last month demanding $13 billion in overdue fees. The moratorium will be for two years beginning April 2020, finance minister Nirmala Sitharaman told reporters after a cabinet meeting in New Delhi. ...

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Singapore economy to recover in 2020

Bloomberg Singapore’s economy expanded at a faster pace in the third quarter than earlier estimated, with the city-state projecting the recovery will take hold next year. The final reading of gross domestic product showed the economy grew an annualised 2.1% in the third quarter from the previous three months, versus a previous projection of 0.6%, the Ministry of Trade & ...

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