July, 2021

• 4 July

  Techniques developed at AUS labs give clean energy a boost

  

  Sharjah / WAM A successful collaborative research study led by American University of Sharjah (AUS) has taken a significant step towards finding solutions to some of the problems facing fuel cell usage. Fuel cells, which are a clean, efficient and reliable source of power, have various applications and can be used to operate vehicles by producing electricity. Fuel cells run ...

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• 4 July

  UAEU, MBZUAI discuss cooperation in various areas of research

  

  Al Ain / WAM Zaki Anwar Nusseibeh, Cultural Advisor to the UAE President and Supreme President of UAE University (UAEU), received Professor Eric Xing, President of the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), and his delegation. The meeting was also attended virtually by Dr Tayyeb Zanaty, Dean of the College of Information Technology (CIT) at UAEU. During the ...

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• 4 July

  Global energy inflation hits UK homes as Igloo hikes prices

  

  Bloomberg British consumers are starting to feel the pinch from a rally in global energy markets, with supplier Igloo saying it will hike prices. The cost of energy for a typical home buying natural gas and electricity will rise 12.1% from August 2, Igloo said on its website. The move follows a surge in the wholesale price of gas and ...

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• 4 July

  For some Brits, American   revolution never ended

  

  This is one of the most joyous weekends in the American calendar, high summer and the commemoration of the nation’s historic leap towards freedom from colonial dominion 245 years ago. The British, some readers may be surprised to learn, cherish no matching holiday to celebrate our deliverance from decades of funding the defense of those ungrateful folks. If Americans were ...

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• 4 July

  Malaysia, a quiet leader in cybersecurity

  

  While the US, the United Kingdom and Russia are expected to sit high on any list of cyber nations, one surprise name also mixes with the best, highlighting the value of having solid allies over technical prowess. Malaysia came in eighth out of 194 states in this year’s Global Cybersecurity Index by the International Telecoms Union, a United Nations agency. ...

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• 4 July

  A $9 billion buyout bid shames UK stock market

  The latest private equity deal in the UK — the biggest in more than a decade — raises an awkward question for investors in the London stock market. How can the UK’s fourth-biggest supermarket chain be worth more to a consortium comprising Canadian pensioners and US buyout and real-estate investors than to the home crowd? It looks like the starkest ...

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• 4 July

  Suning might be a red herring for Alibaba

  What’s harder? Spotting a unicorn in a dense forest or pulling one away from the cliff? Or, in less pictorial terms, venture capital or investing in promising but distressed assets? Alibaba Group Holding Ltd, which built a sprawling consumer tech empire through lots of equity investments, will soon find out as it increases its stake in the online retailer Suning.com ...

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• 4 July

  India’s NTPC plans renewables IPO for huge clean energy push

  

  Bloomberg State-run NTPC Ltd, India’s largest power generator, aims to take its renewables unit public to help fund a 2.5 trillion rupees ($34 billion) clean energy expansion, according to a company official with knowledge of the plans. The New Delhi-based producer wants to list its NTPC Renewable Energy Ltd unit in the next fiscal year, which begins in April 2022, ...

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• 4 July

  India’s used car firm nears $250 million deal with DST

  

  Bloomberg India’s Cars24 Services Pvt is in talks with Yuri Milner’s DST Global and other investors for a funding round that could double the used-vehicle site’s value to $2 billion, a person familiar with the discussions said. India’s biggest online marketplace for pre-owned cars is set to raise $200 million to $250 million from existing backers including DST, which may ...

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• 4 July

  Indians prefer job guarantee over cash handouts: Study

  Bloomberg A majority of urban Indians left unemployed by the coronavirus pandemic want the government to guarantee them jobs like it does for people in rural areas, says a study by the London School of Economics. An overwhelming 82% of respondents surveyed for the report ‘City of dreams no more, a year on: worklessness and active labour market policies in ...

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