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Tesla’s dominant position in China could be threatened in 2021

Bloomberg Tesla Inc. is coming to the end of its first year selling China-made cars with a commanding position in world’s biggest electric-vehicle market, but Elon Musk shouldn’t rest on his laurels. While Tesla regularly topped monthly premium EV sales tallies in 2020, helped by the sedans churned out from its multibillion-dollar plant opened to much fanfare in Shanghai last ...

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UAE strongly condemns terrorist attack on Yemen’s Aden airport

ABU DHABI / WAM The United Arab Emirates strongly condemned the cowardly terrorist attack that targeted the airport of the interim Yemeni capital Aden during the arrival of members and ministers of the newly formed Yemeni Government to commence its duties in implementation of the Riyadh Agreement. In a statement, the Ministry of Foreign Affairs and International Cooperation stressed that ...

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EU, China give political nod to investment deal

Bloomberg The European Union (EU) and China announced the political approval of an agreement to open the Chinese market further to EU investors, marking a major step in talks that began in 2013. The breakthrough in negotiations on an EU-China investment deal signals the bloc’s determination to focus on economic opportunities in Asia even amid criticism of Beijing’s record on human ...

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