Uncategorized

Bloomberg It’s never been this cheap to buy a Tesla. After a hopscotch of price cuts over the past month, Tesla’s Model 3 sedan now sells for $4,930 less than the average new vehicle sold in the US. That’s the cheapest price Tesla has ever had relative to the typical US vehicle, according to a new Bloomberg analysis. It’s a ...

Bloomberg President Vladimir Putin said Russia will suspend its observation of the New START treaty with the US, dealing a blow to the last accord limiting their nuclear arsenals, as he vowed to press on with his faltering invasion of Ukraine. Russia is fighting for its “historic lands” in Ukraine and “will fulfill the tasks set step-by-step, carefully and consistently,” ...

  Bloomberg Thai Prime Minister Prayuth Chan-Ocha said he will dissolve parliament in March, a move that paves the way for the next election. Prayuth told reporters he informed the cabinet in a meeting on Tuesday of his intention to dissolve the House of Representatives — the clearest sign he has given yet on the timeline for the vote, though ...

Abu Dhabi / WAM Tawazun Council, the independent government entity that works closely with the Ministry of Defence and security agencies to maximise value through acquisition systems, announced signing of 11 deals with local and international companies on day one of the International Defence Exhibition (Idex) and the Naval Defence Exhibition (Navdex) 2023, cumulatively worth AED4.5 billion. Zayed Saeed Al ...

Dubai / WAM Dubai International Financial Centre (DIFC) continued to grow at a record-breaking pace in 2022 with the number of active registered companies rising 20 percent from 3,644 in 2021 to 4,377 in 2022. New companies registered in DIFC in 2022 surpassed the annual milestone of 1,000 for the first time in the centre’s history with 2022 seeing a ...

  Abu Dhabi / WAM Edge group on Monday signed a major €1 billion ($1.07 billion) milestone contract which will see leading shipbuilder Abu Dhabi Ship Building (ADSB) build a fleet of best-in-class 71-metre corvettes for the Angolan Navy. The BR71 MKII corvette is a highly sophisticated vessel fitted with advanced mission systems, including a 3D radar, electronic warfare suite, ...

  Abu Dhabi / WAM The Joint Operations Command of the Ministry of Defence has announced the completion of the search and rescue missions as part of the “Gallant Knight / 2” operation in Türkiye. The announcement follows the Turkish Disaster and Emergency Management Authority (Afad) announcing the completion of its search and rescue operations. The Emirati search and rescue ...

  Abu Dhabi / WAM The Abu Dhabi Economic Summit, set to take place on February 28, will bring together experts from the worlds of government, business, finance and technology to explore new frontiers of growth. The summit is hosted by the Abu Dhabi Department of Economic Development (Added) and organised by Economist Impact Taking place under the theme “Looking ...

  Bloomberg Property sellers are seeking sharply higher prices across north London as young professionals return to jobs in the capital after the pandemic, a survey showed. Asking prices for homes in Camden surged 17.2% from a year ago and by 6% in the past month alone, the property search website Rightmove said Monday. Barnet and Islington notched up annual ...

  Bloomberg US government incentives to promote investments into nascent technologies such as green hydrogen will have a “healthy” impact, even as they risk distorting the trade in electric cars between Europe and the US, Bill Gates said. Speaking in a podcast interview with the head of Norway’s $1.3 trillion sovereign wealth fund, Nicolai Tangen, Gates extolled government policies for ...