Beijing, China -- Chinese electric vehicle maker Xiaomi received almost 300,000 pre-orders within an hour for its first sport utility...
US stocks edged higher while European markets retreated and Asian equities were mixed, with markets keeping a close eye on...
The JV will develop and deploy their combined proprietary technologies.The joint venture agreement will establish an entity that will leverage Presight’s Big Data AI and Data Analytics capabilities.
This will allow governments and enterprises to transform mission-critical infrastructure with intelligent new solutions that are data-driven.
The world's largest contract electronics maker, Foxconn -- officially known as Hon Hai Technology Group -- already plays a lynchpin...The "AI factories" would include "digitalization of manufacturing and inspection workflows, development of AI-powered electric vehicle and robotics platform
If successful, Foxconn's customers could use these systems to deliver generative AI services and use simulation to train autonomous machines
Tech billionaire Elon Musk, who bought Twitter last year for $44 billion, has long complained about fake accounts, bots and...New users in New Zealand and the Philippines will have to pay an annual fee for the ability to write on X, like and reply to posts, and bookmark content
Those who decline to pay will be able to access X in read-only mode, limited to viewing content and following accounts, the company said
Paris, France-- Achieving all national climate and energy goals will require adding or replacing 80 million kilometres of power lines...The IEA said that unless policymakers act to improve and expand the world's electricity grids it could put reliable sources of electricity at risk
The report also identifies a large and growing queue of renewables projects waiting for the green light to be connected to the grid
There was a 70% QoQ drop in net profit for the third quarter of 2023.The lower profit was due to a decline in revenues on lower product prices, as well as a fall in sales.
In addition, the company's share of profits from investments in a joint venture and associates decreased, Argaam said.
Last year Shell inked a deal with QatarEnergy for a 9.4% stake in Qatar's North Field South project, the second...Qatar will supply 3.5 million tons of gas a year under the deal, QatarEnergy said
The gas-rich country is set to raise its output of liquified natural gas by 60 percent
Abu Dhabi, UAE - ADNOC Gas on Wednesday announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500...This agreement builds on the long-standing relationship between the UAE and Japan and reinforces ADNOC Gas’ position as a global LNG export partner of choice
ADNOC’s LNG production facilities on Das Island supplied LNG to the Tokyo Electric Power Company, one of the parent companies of JERA Co, for over 40 years
The airlines' net income stood at US$1.1bn, up 20.7 percent.The airline warned its profits might be hit by rising fuel costs, and the prospect of a prolonged conflict in the Middle East.
Its total operating revenues were $14.5 billion for the same period last year, up 12.5 percent, while capacity was up 15.7 percent
Dubai, UAE--Masdar City and Huawei have signed a memorandum of understanding (MoU) to enable the UAE to power its way...The agreement will enable capacity-building in net-zero development, help reduce the carbon footprint of Masdar City’s information and communications technology infrastructure
The net zero framework will encourage organisations to reduce the energy demand of information and communications technology systems and operations while switching to clean energy
Dubai, UAE--Moro Hub, the digital arm of DEWA, has signed a memorandum of understanding (MoU) with Digital Dubai Authority (DDA)...According to the terms of the agreement, Moro Hub will extend its cyber security services to safeguard Dubai's government entities' information assets and systems
The collaboration between Moro Hub and DDA will play a pivotal role in ensuring that Dubai remains at the forefront of secure and sustainable smart city initiatives
