Bloomberg Tesla Inc whipsawed after a relentless surge that pushed the stock up 50% from its May bottom lost some momentum, with investors broadly souring on growth stocks. The electric-vehicle maker closed down 0.9% at $919.69 after fluctuating throughout the trading session. It jumped as much as 1.7%, taking the stock up 50% from the May 24 closing low ...

  Bloomberg Mounting concern over semiconductor demand is sending shudders through North Asia’s high-tech exporters, which historically serve as a bellwether for international economy. South Korean behemoths Samsung Electronics and SK Hynix Inc. have signaled plans to dial back investment outlays, while across the East China Sea, the world’s biggest contract chipmaker Taiwan Semiconductor Manufacturing Co. indicated a similar expectation. ...

  Abu Dhabi / WAM The UAE is continuing to strengthen its food security system, through a comprehensive range of policies that include promoting cooperation with other countries and markets, diversifying sources, and attracting local and foreign agricultural investment. The country’s food import rate increased by 21 percent in the first half of 2022, recording over 41,000 tonnes of imported ...