Bloomberg Volkswagen AG, trying to win over German car-bashing President Donald Trump at the White House, dangled ideas to expand US auto production and said it may tap Ford Motor Co to help build its cars in America. Chief Executive Officer Herbert Diess said VW has considered adding a second plant in the US, even though the company isn’t fully ...
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Trump set to scrap carbon-capture mandate for new coal-fired plants
Bloomberg The Trump administration will propose scrapping an Obama-era mandate that new coal-fired power plants use carbon-capture technology, removing a major barrier to constructing the facilities, according to a person familiar with the plans. The Environmental Protection Agency (EPA) is slated to unveil the measure on Thursday, during an event at its headquarters in Washington, said the person, who was ...
Read More »Qualcomm unveils new chips to fire up race to 5G services
Bloomberg Qualcomm Inc unveiled new chips that it said will run many of the first phones capable of connecting to new 5G services next year. The Snapdragon 855 includes a processor and modem to connect to wireless networks. It’s the latest version of Qualcomm’s flagship product that’s been the heart of most smartphones sold in the past decade. “In the ...
Read More »Ukrainian leader renews plea for Western action on Russia
Bloomberg Ukraine’s leader renewed appeals to his nation’s allies in Europe and the US to punish Russia for a naval clash that’s reignited tensions between the two ex-Soviet neighbours. With initial talk of tighter sanctions now fading and Russia so far paying little cost for firing on Ukrainian ships in the Kerch Strait last month, President Petro Poroshenko reiterated calls ...
Read More »Mohamed expresses pride in UAE diplomacy, passport ranking
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, received on Tuesday, the UAE Passport Power team from the Ministry of Foreign Affairs and International Cooperation (MOFAIC), in the presence of HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and ...
Read More »Sharjah Chamber looks to boost economic ties with Italian firms
SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI), held discussions with a delegation from Lombardy in Italy on opportunities to enhance economic and trade relations between the investment companies and institutions that operate in Sharjah and their counterparts in Italy, and reviewed ways to support partnerships between the two sides in various economic sectors and fields. The ...
Read More »Adnoc hosts inaugural ethics and compliance executives’ forum
ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), hosted its inaugural ‘Ethics and Compliance Executives’ Forum’ at the company’s headquarters. Chief Compliance Officers and General Counsels from leading UAE-based companies joined the Adnoc Group’s Ethics and Compliance team to discuss topics related to this year’s theme, ‘Managing the New Risk Landscape’, with a view to helping companies ...
Read More »UAE has always shared strong historical relations with India
Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Sushma Swaraj, External Affairs Minister of the Republic of India co-chaired the Ministerial Meeting of the 12th session of the UAE-India Joint Commission Meeting (JCM), at the Ministry’s Headquarters in Abu Dhabi. While welcoming the Indian delegation, Sheikh Abdullah bin ...
Read More »Hamdan inspects RTA’s autonomous mobility, AI projects
Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, praised the efforts of Dubai’s Roads and Transport Authority, RTA, in carrying out a series of projects related to Artificial Intelligence (AI), autonomous mobility, and shared mobility/transport. He also commended the RTA’s initiatives aimed at facilitating the ...
Read More »Nissan directors meet to pick chairman
Bloomberg Nissan Motor Co.’s independent board members were expected to meet on Tuesday to select Carlos Ghosn’s successor as chairman, with their choice to replace the arrested car titan an indicator of the direction the automaker’s alliance with Renault will take. The most likely successors fall on each end of the spectrum: Chief Executive Officer Hiroto Saikawa, who has emerged ...
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