ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a phone call today with Recep Tayyip Erdogan, President of the Republic of Türkiye, extending his congratulations on the centennial anniversary of the Republic’s establishment. During the call, His Highness conveyed his best wishes for ongoing progress and prosperity for Türkiye, its government, and people. His Highness affirmed ...

BLOOMBERG After nearly twenty years designing Porsche 911s and Cayennes, Michael Mauer says new competitors led by EV brands from China are making managers and designers in Germany more receptive to risky vehicle concepts. “These startups, with no heritage, they can do things completely different,” Porsche AG and Volkswagen AG’s head of design said in an interview. “I consider it ...

BLOOMBERG Tesla Inc. this week tempered its growth expectations, signaling that pain is coming for the electric-vehicle industry, a Morgan Stanley analyst said on Friday. Adam Jonas, a long-time bull on the EV behemoth, said investors should seriously consider the broader implications for the EV industry globally after the company’s disappointing third-quarter results and its cautious earnings conference call. Demand ...