BLOOMBERG Tesla shipped 435,059 cars globally in the third quarter, as factory downtime led to its first quarterly delivery decline in more than a year. The results missed expectations. Several Wall Street analysts had slashed their delivery estimates in recent days, and the consensus compiled by Bloomberg fell to 456,722. Tesla delivered 466,140 cars in the second quarter. The electric-vehicle …

BLOOMBERG The European Union (EU) has formally launched an anti-subsidies probe into electric vehicles (EV) manufactured in China, setting in motion a one-year investigation that could see provisional measures such as countervailing duties imposed in the next nine months. The probe, which was announced by European Commission President Ursula von der Leyen in September, will focus on new battery-powered electric …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Friday met with US Senator Joni Ernst of Iowa to discuss ways to further solidify the strategic alliance between the two nations in various fields. During the meeting at Qasr Al Shati, the two sides exchanged views on a number of regional and international developments …