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Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.
  • Hong Kong’s property distress hurting banks

    Distressed property sales in Hong Kong are beginning to bite banks with average prices of office buildings, shopping malls and...

    Nearly 40 percent of the US$4.36 bn in Hong Kong commercial real estate transactions in 2024 suffered losses

    Rising office vacancies and softening rents threaten the quality of US$80 billion in commercial real estate loans at five major banks

  • Davos2025: 33 industrial clusters from 16 countries commit to economic growth, jobs creation and emissions cuts

    The Transitioning Industrial Clusters initiative aims to improve collaboration and develop a shared vision among co-located companies and public institutions,...

    The initiative’s 33 members from 16 countries represent combined potential greenhouse gas emissions reductions comparable to the annual emissions of Saudi Arabia

    A new report highlights the critical role that industrial clusters play in accelerating the deployment of clean-energy infrastructure at scale worldwide

  • Public-Private collaboration is crucial to tackling physical inactivity crisis: WFSGI CEO Emma Zwiebler

    Emma Zwiebler, CEO of the World Federation of the Sporting Goods Industry (WFSGI), sat down exclusively with TRENDS at the...

    In many regions, over 80% of youth aren’t getting enough exercise, and it’s affecting their future health, says Zwiebler

    Technology and sedentary lifestyles are driving a worrying trend in inactivity, especially among youth, she adds

  • Davos25: Qatar, Saudi, UAE to lead GCC transformation, says Cytomate COO

    DAVOS, Switzerland -- Bilel Al Souaied is an entrepreneur and venture capitalist. He is the COO of Cytomate, a leading...

    Since the discovery of hydrocarbons, GCC has been experiencing several economic models. Some of them proved to be working, some not.

    "We do have one of the most advanced educational ecosystems. Qatar is leading the way in terms of that," Bilel said.

  • Davos25: Kyrgyzstan beckons with lax tax regime, says CEO of country’s tech hub

    Davos, Switzerland -- Aziz Abakirov, the CEO of the High Technology Park of the Kyrgyz Republic, represents a unique initiative...

    Companies in Kyrgyzstan High Technology Park enjoy 1% tax on turnover and zero tax on certain activities, including crypto.

    Our main focus is to attract partners who value skilled talent and are looking to collaborate with us, Abakirov said.

  • US$1.5 billion Amazon protection plan launched in Davos

    A carbon markets investor backed by Swiss-trading house Mercuria said on Wednesday it had joined with two non-profits to raise...

    The Amazon closer to the point where it becomes a net emitter of carbon emissions

    EU's 27-nation bloc will stick to the landmark Paris climate accord

  • Social media’s evolving role in GCC spotlighted at Doha conference

    Doha, Qatar – The Qatar Investment and Innovation Conference, held on Wednesday, at Barahat Msheireb in Msheireb Downtown Doha, brought...

    The conference, co-hosted by Msheireb Properties and The Business Year, explored critical themes critical to the GCC’s position as a leading investment hub

    Julien Hawari, CEO of Million and Sirius Lab, highlighted key social media trends in the region, such as the rise of content driven by younger, tech-savvy demographics

  • Masdar targets 100 GW of clean energy by 2030

    Abu Dhabi, UAE - Fatima Al Suwaidi, Head of Development & Investment (APAC) at Masdar, has affirmed the company's ambitious...

    Masdar has successfully implemented 31 GW of clean energy projects across 40+ countries, expanding its global footprint

    In 2024, Masdar doubled its clean energy production capacity, underscoring its leadership in the sector

  • Creators HQ, X announce strategic partnership to produce authentic, meaningful content

    Dubai, UAE - Creators HQ in the UAE, the world’s first international hub for the content economy’s creators and entrepreneurs,...

    The collaboration aims to create purposeful, credible and quality global content that reinforces the UAE’s status as a leading hub for the creative economy

    This initiative coincides with the 1 Billion Followers Summit, the world’s largest summit dedicated to the content creator economy,

  • Latifa bint Mohammed awards UK’s Simon Squibb with ‘One Billion Award’ at 1 Billion Followers Summit

    Dubai, UAE - Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, presented the...

    The award ceremony was held during the third edition of the 1 Billion Followers Summit, the world’s largest gathering dedicated to the content creator economy

    Valued at US$1 million, the award stands as the world’s largest and most significant recognition for impactful content creators