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Audi CEO seeks to catch up in China in test of Germany’s grit

BLOOMBERG Markus Duesmann, the chief executive officer (CEO) of Audi, flew to China last week to tackle a problem that’s indicative of the challenges facing Germany: how to compete with its biggest trading partner on new technology. The head of the German luxury brand went to visit Audi’s Chinese joint venture (JV) partners — China FAW Group Co. and SAIC ...

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Samsung joins South Korea’s $400bn bid to lead in key tech

BLOOMBERG South Korea will join its largest companies including Samsung Electronics Co to pour some $422 billion into areas such as chips and electric vehicles in its most aggressive effort yet to win a heated global race for tech supremacy. The government will focus support on chips, batteries, robots, electric vehicles, displays and biotechnology in an investment plan through 2026, ...

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Hind Al Oud launches new retail concept at Bawabat Al Sharq Mall

ABU DHABI / GULF TIME Hind Al-Oud always surprises its guests by making them an essential part of its vision and achievements, and it loves to share those moments of success in a unique way. In normal opening events key persons only are responsible for cutting the opening ribbon in the store. For that reason, Hind Al-Oud flipped the script ...

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