Recent Posts

Sheikh Sultan inaugurates Al Layyah station new expansion in Sharjah

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Tuesday inaugurated the new expansion of the Al Layyah station, a project with a total cost of AED2.1 billion and a total capacity of 1,026 megawatts. Upon his arrival, His Highness cut the ribbon for the opening of the main building, ...

Read More »

Huawei latest smart-car deal sparks gains in China automaker, suppliers

BLOOMBERG Huawei Technologies Co’s latest automobile-related foray once again drove big share-price moves, showing the technology giant continues to draw investors despite the uncertainty overhanging China’s stock market. Chongqing Changan Automobile Co surged by its daily limit of 10% in Shenzhen after it forged a smart-car pact with Huawei. Suppliers to both Changan Auto and unlisted Huawei also climbed, even ...

Read More »

Green stock selloff deepens as Tesla sentiment sours

BLOOMBERG The selloff that’s ripped through green stocks looks set to continue into 2024, bringing a fourth consecutive year of losses, according to Bloomberg’s latest Markets Live Pulse survey. The negative sentiment appears poised to engulf a wider array of green asset classes, with Tesla Inc seen at risk of losing its place among the 10 biggest stocks in the ...

Read More »
Send this to a friend