Bloomberg Tesla Inc will start charging $15,000 for the driver-assistance system it calls Full Self-Driving, raising the price of the controversial product for the second time this year. The hike for customers in North America will take effect from September 5, Chief Executive Officer Elon Musk tweeted. The current $12,000 price will be honoured for orders made before that ...

  Bloomberg Apple Inc announced plans to hold a launch event on September 7, when the tech giant is expected to unveil the iPhone 14 lineup and its next slate of smartwatches, confirming a date that was reported by Bloomberg News. The company sent out invitations for a presentation titled “Far Out,” describing it as an in-person event at the ...

  Bloomberg Nurses in some parts of England will trial smart goggles on visits to patients’ home as the struggling UK National Health Service turns to digital gadgets to try and improve services. As long as individual patients consent, the virtual reality headsets will help nurses transcribe medical records, automate administrative work, and share live footage for consults with hospital ...

  Dubai / Gulf Time SonicWall announced the introduction of the new Wi-Fi 6 wireless security product line, which provides always-on, always-secure connectivity for complex, multi-device environments. Powered by Wi-Fi 6 technology, the new SonicWave 600 series wireless access points, coupled with Wireless Network Manager (WNM) 4.0, enable organisations to automatically secure wireless traffic while boosting performance and simplifying connectivity. ...

  Bloomberg Ford Motor Co said it is cutting 3,000 jobs in a move to boost profits as it seeks to fund the $50 billion it plans to spend on electric vehicles. The cuts will come primarily in the US, while some positions also are being eliminated in Canada and India, a company spokesman said. The total includes 2,000 salaried ...

  Bloomberg Oil struggled to find direction as traders digested comments made by Federal Reserve Chair Jerome Powell suggesting interest rates will rise, which carries the potential of slowing demand for crude. West Texas Intermediate fluctuated near $92 a barrel. The Federal Reserve Chair signaled the US central bank is likely to keep raising interest rates and leave them elevated ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, sent a cable of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia on the death of Princess Abeer bint Abdullah bin Abdulaziz bin Saud bin Jalawi Al Saud. His Highness Sheikh Mohammed bin Rashid Al Maktoum, ...

  Abu Dhabi / WAM The UAE capital is preparing to launch the 19th Edition of the Abu Dhabi International Hunting and Equestrian Exhibition (Adihex) from the September 26 to October 2. This year, Adihex is witnessing a remarkable development and an increase in the number of Emirati, Arab and international participations, which exceeded the expectations, as the percentage of ...

  Dubai / WAM Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, shared its digital transformation best practices during a virtual meeting joined by 22 representatives from Dubai Electricity and Water Authority (Dewa) and the Knowledge and Human Development Authority in Dubai (KHDA). During the meeting, attendees discussed collaboration opportunities and various e-services designed to ...

  Abu Dhabi / WAM The UAE financial markets on Friday posted gains of around AED8.3 billion in market cap driven by upbeat sentiments at the realty, banking and telecom sectors and cash inflows by institutions and individuals alike. Realty and banking blue chips accounted for the lion’s share of transactions that amounted to more than 14,700 worth around AED1.67 ...