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Tesla breaks ground on $5bn China plant

Bloomberg After four years of planning, Tesla Inc finally broke ground on its planned $5 billion factory in the world’s biggest auto market. But the timing couldn’t be more inauspicious. Chief Executive Officer Elon Musk and some Shanghai officials, including Mayor Ying Yong, on Monday attended a function at a site near the city kicking off construction of what would ...

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ADSW to address global sustainability challenges

Abu Dhabi / WAM It is vital for the global community to commit to working together to address the challenges of climate change and accelerate sustainable development, UAE ministers and senior business leaders said on Monday ahead of Abu Dhabi Sustainability Week 2019 (ADSW). The event – one of the world’s largest sustainability gatherings – takes place in the UAE ...

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Dubai Customs, Indian companies exploring ways to promote trade

DUBAI / WAM Dubai Customs’ Director Ahmed Mahboob Musabih and Indian Consul-General in Dubai Vipul have explored ways of enhancing trade with India and tackling any challenges that may face the companies of both countries. This was discussed during the visit of a delegation headed by Vipul and included a number of businessmen, and representatives of Dubai-based Indian companies. The ...

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