Abu Dhabi / WAM The Abu Dhabi National Exhibition Centre (Adnec) will host the first edition of the ‘Auto Moto’ exhibition in October 2022, attracting major international companies specialising in manufacture of car and bicycle equipment. The event will also showcase the latest technologies in the sector. The hosting events comes as part of a strategic agreement between the event’s ...

Bloomberg Activist hedge fund Bluebell Capital Partners has asked Glencore Plc to separate its thermal coal business because it has become a barrier to investment. The hedge fund firm said that the commodities giant could realise more value for shareholders if it separates that business, simplifies its asset base, disposes of non-core asset Viterra, and tackles governance issues. Bluebell’s partners ...

Bloomberg Enel SpA plans to invest 170 billion euros ($191 billion) this decade to accelerate its shift to greener energy sources. The strategy indicates a 6% increase from the previous investment plan, documents published showed. It also brought forward its net zero commitment by 10 years, from 2050 to 2040. Enel is the latest energy company in Europe to reveal ...