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Supply chain chaos, rising costs to hit Europe profits

Bloomberg Cost pressures, supply-chain chaos and a reopening letdown are set to plague Europe’s third-quarter earnings season, setting investors up for more disappointment than elation. While strong numbers from behemoths like LVMH and SAP SE reassured European stock investors last week, further good news may be needed to keep the rally alive. Rising inflation and a stalling global recovery pose ...

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Etisalat showcases ‘future of mobility’ at Gitex Global 2021

DUBAI / WAM Etisalat is once again putting jaw-dropping demonstrations at its stand during this year’s Gitex, offering a glimpse into the future of mobility with the transformative power of 5G and futuristic technologies. The future of transport — as witnessed at Etisalat’s stand — will rely on the 5G network for its high latency and the communication between sensors ...

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RTA to showcase ‘AI in cycling tracks’ at Gitex

DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) is set to host a live demonstration of the ‘Using AI in Cycling Tracks’ solution at its stand at Gitex Technology Week 2021, which is a proof of concept (PoC) developed by EVOTEQ, a digital transformation solutions provider. This revolutionary solution aims to ensure safer roads for cyclists by deploying digital ...

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