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Elon Musk faces SEC probe for role in Tesla self-driving claims

Bloomberg US regulators are investigating Elon Musk’s role in shaping Tesla Inc.’s self-driving car claims, the latest effort by watchdogs to scrutinize the actions of the world’s second-richest person. The review is part of an ongoing Securities and Exchange Commission probe of the company’s statements about its Autopilot driver-assistance system, according to a person with knowledge of the matter who ...

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Argentine leader expects Mercosur, EU to close trade agreement soon

Bloomberg The Mercosur trade group and the European Union will reach a trade agreement soon, Argentine President Alberto Fernandez said in Buenos Aires, during German Chancellor Olaf Scholz’s visit to the South American nation. The trade bloc, which also consists of Brazil, Paraguay and Uruguay, is keen to finalize the long-negotiated deal, Fernandez said, adding that he has spoken to ...

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Britain’s supermarkets and suppliers feuding over prices

  Bloomberg The boss of Britain’s largest sandwich-maker says price negotiations with supermarkets have become so strained amid the inflation crisis that sometimes walking away is the only option. “In certain cases we’ve said to people ‘If you’re not prepared to take this price, we’re not prepared to supply you’,” said Dalton Philips, Chief Executive Officer at Greencore Plc, speaking ...

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Ex-Nato general scores victory over populist in Czech vote

Bloomberg A former Nato general pledging unwavering support for Ukraine will become the next Czech president after securing a convincing victory over a combative former billionaire prime minister. Petr Pavel, who once served as Nato’s highest-ranking military officer, declared victory after winning 57.9% with 98% of polling districts counted, according to data published by the Czech Statistics Office. Andrej Babis, ...

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Gandhi walks 2,000 miles to challenge Modi in 2024 election

  Bloomberg After more than 100 days walking nearly the entire length of India, Rahul Gandhi, scion of the nation’s most famous political dynasty, stood before a shivering crowd in rural Himachal Pradesh as a cheer went up. Bearded and clad in a white t-shirt, Gandhi bore none of the vestiges of wealth or elitism that have smudged his family’s ...

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UAE condemns storming of Jenin camp by Israeli forces

Abu Dhabi / WAM The UAE has condemned Israeli forces’ storming of the Palestinian camp of Jenin, which resulted in numerous deaths and injuries. In a statement, the ministry of Foreign Affairs and International Cooperation (MoFAIC) called upon Israeli authorities to assume responsibility for reducing escalation and instability in the region. Moreover, the ministry stressed the need to support all ...

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Kezad to showcase infra for life sciences sector at Arab Health

  Abu Dhabi / WAM Khalifa Economic Zones Abu Dhabi – Kezad group, the integrated trade, logistics, and industrial hub of Abu Dhabi, will showcase the competitive advantage the Emirate offers to researchers, manufacturers and distributors looking at Arab Health 2023. As the premier economic zone for life sciences in the Middle East and North Africa, Kezad already hosts many ...

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‘Extreme Weekends’ begins at Sheikh Zayed Festival

  Abu Dhabi / WAM “Extreme Weekends” has started at the Sheikh Zayed Festival in Al Wathba area. Attended by an intense crowd, the annual event is set to become another hit for visitors this year. The first day of the show welcomed motor cross and car drifting sports fans with impressive stunts and routines performed by international motorcyclists and ...

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Wizz Air Abu Dhabi carried 1.2mn passengers in 2022

  Abu Dhabi / WAM Wizz Air Abu Dhabi on Friday announced its operational results for 2022, operating more than 6,000 flights and transporting more than 1.2 million travellers. The national airline carried over 600,000 point-to-point passengers to the UAE in 2022, supporting the sustainable growth of Abu Dhabi’s culture and tourism sectors. Wizz Air Abu Dhabi is looking forward ...

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Clean energy sets $1.1trn record in 2022 that’s bound to be broken

Bloomberg Last year was a double milestone for decarbonising the world’s energy system. It was the first year when investment in the energy transition equalled global investment in fossil fuels, according to the latest data release from clean energy research group BloombergNEF. The money flowing into the upstream, midstream and downstream segments of oil and gas, and into fossil fuel-fired ...

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