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Bloomberg Deliveries from Tesla Inc’s Shanghai factory slumped in December after a record November as production was temporarily suspended due to equipment upgrades and lackluster consumer demand. The Texas-based company shipped just 55,796 China-made vehicles last month, almost half the month prior, according to preliminary data released by China’s Passenger Car Association (PCA) on Thursday. The PCA didn’t provide a ...

  Bloomberg Hong Kong sold the equivalent of $5.8 billion of green bonds denominated in three currencies, as debt markets roared back to life amid a global rush of deals. The city priced $3 billion of dollar bonds across four tenors, a 1.25 billion euro ($1.3 billion) two-tranche note and a 10 billion offshore yuan ($1.5 billion) portion, according to ...

  Bloomberg Tencent Holdings Ltd entered the club of the world’s 10 most-valuable companies for the first time in six months, reflecting broader investor optimism for Chinese equities as the nation dismantled its stringent Covid Zero policy and refocused on growth. The online gaming firm’s shares have risen more than 80% since a low in October 2022, overtaking oil and ...

  Bloomberg Mukesh Ambani, the billionaire chairman of Reliance Industries Ltd, will be focusing his attention on the Indian conglomerate’s pivot to green energy, according to people familiar with the matter, after putting his children in charge of other businesses. The 65-year-old will oversee strategy, including the building of gigafactories and blue hydrogen facilities, will assess acquisition targets, and is ...

Bloomberg Germany is nearing a decision to send infantry fighting vehicles to help Ukraine fight off Russia’s military invasion as pressure mounts on Chancellor Olaf Scholz to match commitments from France and the US. The government in Berlin is in talks with allies to coordinate an announcement, which could come within days, according to people familiar with the matter. One ...

  Bloomberg Malawi’s worst cholera outbreak in two decades has left 643 people dead after the disease spread to all districts of the southeastern African country. The landlocked nation, prone to tropical storms and cyclones, has been battling a resurgence of the water-borne diarrheal disease since March. The rainy season, which began in November, worsened the situation. Floods have led ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday launched the Dubai Economic Agenda ‘D33’ with the ambitious goals of doubling the size of Dubai’s economy over the next decade, and consolidating its position among the top three global cities. HH Sheikh Mohammed ...

Dubai / WAM The 28th edition of the Dubai International Pharmaceutical Technologies Conference and Exhibition – Duphat 2023, is set to take place next week for three days starting on January 10 at the Dubai World Trade Centre (DWTC). The largest pharmaceutical gathering in the Middle East and Africa will witness its largest event size to date as it expects ...

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, made a phone call to Mevlüt ÇavuÅŸoÄŸlu, Minister of Foreign Affairs of the Republic of Türkiye, during which they discussed the recent developments in Afghanistan and the storming of Al-Aqsa Mosque. HH Sheikh Abdullah and ÇavuÅŸoÄŸlu discussed mutual concerns over ...

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has launched an express bus route to shuttle commuters between Dubai and Hatta to support the public transport services to Hatta. At the same time, it launched another domestic bus route to operate within Hatta, which is experiencing extensive improvements in infrastructure and tourist facilities and services. The area boasts ...