Bloomberg Chinese companies that supply Tesla Inc. fell after Elon Musk indicated his pioneering electric car firm won’t start making vehicles in the world’s largest auto market this decade. Beijing Zhongke Sanhuan High-Tech Co., which said last year that it signed a three-year agreement to supply parts to Tesla, dropped as much as 3.6 percent in Shenzhen, while Ningbo Joyson ...
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ÂÂÂÂÂÂÂÂÂÂÂBloomberg Broadcom Ltd. Chief Executive Officer Hock Tan is contemplating an audacious $100 billion bid for Qualcomm Inc., people familiar with the matter said, using what would be the largest technology takeover to build a powerhouse that dominates the market for wireless chips. An offer of about $70 a share would include cash and stock and is likely to be ...
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Bloomberg The fact that US President Donald Trump’s Twitter account was deactivated by a rogue employee has raised questions about how much access and control Twitter Inc.’s workforce has over an individual user’s account. Trump’s personal page was shut down for about 11 minutes on Thursday evening by a customer support employee who was leaving the company. Though Twitter has ...
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Bloomberg The $1,000 price tag on Apple Inc.’s new iPhone X didn’t deter throngs of enthusiasts around the world who waited—sometimes overnight—in long lines with no guarantee they would walk out of the store with one of the coveted devices. At Apple’s flagship Fifth Avenue store in Manhattan, the line coiled up and down several times along 58th Street and ...
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Bloomberg President Donald Trump said that he will add a day to the end of his five-nation tour of Asia, saying he would now stay for “the most important day†of a regional summit. The president had been scheduled to return to the US on Nov. 13, a day before the start of the East Asia Summit, the traditional venue ...
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Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received the President of Rwanda, Paul Kagame, and his accompanying delegation, on Wednesday at Al Majlis, Madinat Jumeirah. HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, attended the meeting. Sheikh Mohammed and Kagame reviewed ...
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Abu Dhabi / WAM Experts and officials in the nuclear energy sector have lauded the UAE’s Peaceful Nuclear Energy Programme as a global model for nations looking to launch new and sophisticated nuclear energy initiatives to meet their future energy needs. Their remarks came during a session held on the sidelines of the International Ministerial Conference – Nuclear Power in ...
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ABU DHABI / WAM Hotel guests to all three regions of Abu Dhabi increased in total by 5 percent in September, compared to the same month last year, with 415,985 domestic and international visitors checking in to one of the emirate’s 163 hotels or hotel apartments. Figures released by the Department of Culture and Tourism – Abu Dhabi recorded increases ...
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Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received the President of the Republic of Lithuania, Dalia Grybauskaite on Wednesday. During the meeting, His Highness Sheikh Mohammed bin Rashid and President Grybauskaite discussed bilateral cooperation and consolidating ties for the benefit of the two countries’ peoples ...
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Bloomberg China Literature Ltd., the online reading unit helping Tencent Holdings Ltd. build an entertainment empire, raised $1.1 billion alongside existing investors in its Hong Kong initial public offering, according to people with knowledge of the matter. The first-time share sale priced at the very top of a marketed range, the people said, asking not to be identified because the ...
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