Europe's main stock markets shot higher, with Paris closing at a record high as shares in LVMH surged on record annual profits at the French luxury group. Wall Street's main indices pushed further into record territory as inflation dipped according to the US Federal Reserve's preferred gauge.
Key Iran opposition figure calls for fundamental change
TEHRAN, IRAN - One of Iran's main opposition figures, Mir Hossein Mousavi, has called for the "fundamental transformation" of a political system he said was facing a crisis of legitimacy amid protests triggered by Mahsa Amini's death. "Iran and Iranians need and are ready for a fundamental transformation whose outline is...
DEWA commissions 17 transmission substations worth US$871m in 2022
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) inaugurated 17 new substations in 2022. These include fifteen 132kV stations with a conversion capacity of 2,280 megavolt amperes (MVA) and two 400kV stations with a conversion capacity of 4,000 MVA, in Al Qusais Industrial Area 5 and Jebel Ali First....
