Bloomberg Renault SA aims to cut the cost of its batteries by 60% over the next decade as the French carmaker ramps up production of electric vehicles in Europe. Renault also plans to lower the costs of its electric motors by 30%, make them more compact and extend their range, the company said in a statement. “The Renault brand aims ...

ABU DHABI / WAM In yet another global milestone, Etisalat on Wednesday announced its foray into the next generation of the mobile network with considerable efforts towards 6G realisation, conducting research and developing international standards, the main building blocks for the 6G ecosystem. Haitham Abdulazzak, Chief Technology Officer at Etisalat, shared these insights during his address at the session titled ...

Geneva / WAM The impact of the Covid-19 pandemic on tourism could result in a more than $4 trillion loss to the global economy, UN trade and development body UNCTAD said on Wednesday in a report issued jointly with the UN World Tourism Organisation (UNWTO). The estimate is based on losses caused by the pandemic’s direct impact on tourism and ...