Archive / march - 2023
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Oil prices fall as rising crude supplies offset China recovery hopesOil prices slipped on Wednesday, reversing earlier gains, as a large build-up in US crude stocks offset optimism around China's economic recovery.Brent, the benchmark for...Elon Musk assembling a team with former Google engineer to develop rival to ChatGPTTwitter chief executive Elon Musk is reportedly assembling a team, which includes a former engineer at a unit of Google parent Alphabet, to develop a...Why consumer-goods manufacturers are finding it difficult to raise prices furtherInflation-pinched consumers are tired of paying more for food, soap and other branded goods, with European shoppers leading the rebellion. Companies ranging from Ben &...Tesla recalls 3,470 Model Y vehicles over loose boltsTesla will inspect bolts securing second-row driver-side and passenger-side seat back frames to the lower seat frames and if needed tighten them to specificationsTesla Inc...
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Dubai cloud kitchen company Kitopi acquires UAE food group AWJDubai cloud kitchen company Kitopi has acquired UAE food and beverage group AWJ for an undisclosed amount as it seeks to expand operations in the...Tesla to build plant in Mexico, Lopez Obrador saysMexico's President Andres Manuel Lopez Obrador said on Tuesday that electric car company Tesla has committed to building a plant in the city of Monterrey,...Lebanon's business conditions hit four-month high in FebruaryBusiness conditions in Lebanon’s private sector improved in February to a four-month high, indicating a slower pace of deterioration, amid a relative increase in new...Honda trials hydrogen fuel cell units as backup generators for data centresHonda has kickstarted a new demonstrator project to utilize the fuel cell units it uses in its vehicles to provide clean backup power to its...
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Saudi Arabia deposits $5bn in Turkey's central bankSaudi Arabia has deposited $5 billion at the Central Bank of Turkey through the Saudi Fund for Development. Ahmed Al-Khateeb, the kingdom's Minister of Tourism...UN calls for more FDI flows into world's least-developed countriesGlobal co-operation is needed to help the world's 46 least-developed countries attract more foreign direct investment inflows in order to support their economic progress, the...New sportswear chain to open in Canada & it plans to hire for 2,200 jobsThere’s a new inclusive sports retail experience coming to Canada and they’re opening three brand new locations in Alberta and Ontario. We’ll fill you in...
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Life at Sea Cruises debuts world’s first three-year world cruiseLife at Sea Cruises announced they are accepting reservations for the world’s first – and only – three-year world cruise. The voyage will cover more...Adex teams up with Japan’s Sumitomo to provide $135m in financing to TrafiguraThe Abu Dhabi Exports Office (Adex), the export financing arm of Abu Dhabi Fund for Development, is partnering with Japan’s Sumitomo Mitsui Financial Banking Corporation...A completely sustainable plastics economy is feasible, research saysThank you for sharing this story! However, please do so in a way that respects the copyright of this text. If you want to share...Hyundai reviewing Russia plant after reports of Kazakhstan saleHyundai Motor says it is considering “various options” for its suspended factory in Russia, following a report that the South Korean automaker is discussing the...New moai statue discovered in Easter IslandEaster Island, also known as Rapa Nui, is a small island located in the southeastern Pacific Ocean. It is part of Chile and is one...
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More than 100 villages in Uttarakhand’s Pithoragarh district said no to Holi; here’s whyWhile the majority of the places in India recently celebrated Holi, the festival of colours, it was a normal day for several villages in Dharchula...Apple introduces new iPhone 14 and iPhone 14 PlusApple on Tuesday announced a new yellow iPhone 14 and iPhone 14 Plus, adding even more color choices to the lineup this spring.The iPhone 14...Dubai's non-oil economy stays 'robust' after sharpest output expansion in four monthsBusiness activity in Dubai's non-oil private sector economy continued to improve last month as output expanded at the sharpest rate in four months.The emirate's seasonally...How To Create A Flourishing Vegetable Garden In A Small SpaceSure, we plant addicts would love to have a flourishing garden that fills the grounds of a multi-acre estate and makes the neighbors weep with...US adds 311,000 jobs in February, unemployment at 3.6 percentThe US economy added jobs at a solid clip in February, likely ensuring that the Federal Reserve will raise interest rates for longer, though wage...
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UAE passport is most powerful in the world, according to new indexThe UAE passport has jumped more than 30 places from last year to be ranked the most powerful in the world in an annual list...Why Foxconn needs to be in a hurry to become a significant global EV playerFoxconn wants to do for electric vehicles what it has done with the iPhone, but first, it needs to find the next Apple — and...Egypt's annual inflation leaps again and lays bare country's deepening woesEgypt's annual inflation rate climbed to 31.9 per cent in February, from 25.8 per cent in January, a higher-than-expected increase that lays bare the country's...Atlantic Exhibition To Transform Building, Construction, Machinery IndustryAtlantic Exhibition Nigeria Limited, organisers of BUILDMACEX Nigeria expo, has said that it will boost and transform the building, construction and machinery industry in Nigeria...Abu Dhabi's Ewec aims to boost solar power generation capacity by 600%Emirates Water and Electricity Company is targeting a 606 per cent rise in its solar power generation capacity by 2030 as the UAE pursues its...
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White House backs new Senate bill granting power to ban TikTokA bipartisan group of US senators on Tuesday introduced a bill that would give President Joe Biden's administration the authority to ban TikTok and other...Asteroid headed toward Earth may arrive on Valentine's Day 2046 - NasaA newly detected asteroid has a very small chance of impacting the Earth in 2046, Nasa tweeted on Tuesday. If it does hit, the asteroid,...UK economy rebounds with stronger-than-expected January GDP printThe U.K. economy grew by 0.3% in January, official figures showed on Friday, exceeding expectations as it continues to fend off what economists see as...This CFMoto Electric Scooter Might Be Worrisome For The BMW CE 04When it comes to staging two-wheeler concepts, there aren’t many companies that do it better than CFMoto. Though most of these are edgy motorcycles, the...Sharjah launches new luxury camping experience Mleiha GlampingAdventure travellers have another reason to visit Sharjah as the emirate’s tourism authority has launched a new glamping site at Mleiha.At the base of Al...
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SOYBEAN, WHEAT INSPECTIONS STAY AHEAD OF NEEDED PACESThe USDA says soybean and wheat export inspections continue to run ahead of what’s needed to meet projections for the current marketing year. The 2022/23...Amazon UAE site to showcase 100,000 companies, including local SMEs, by 2026Amazon, the world's biggest e-commerce company, will showcase 100,000 businesses, including local small and medium enterprises, on its UAE website by 2026, Sheikh Hamdan bin...Indonesia’s Mount Merapi volcano erupts, tourism halts due to toxic gas and lava flowsMount Merapi, the most active volcano in Indonesia, erupted on Saturday, sending hot gas clouds and volcanic ash into the air and causing lava flow....Saudi Arabia places order for Boeing jets worth $37bnSaudi Arabia will buy up to 78 Boeing 787 Dreamliner jets with an option to purchase another 43 in a deal worth $37 billion as...Asian shares mixed despite jitters after US bank failureAsian shares were trading mixed Monday, shaken by a Wall Street tumble that set off worries the biggest United States bank failure in nearly 15...
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Your Hawaii travel is all set to become more expensive! Know howHawaii will likely impose a tourist tax to tackle the over-tourism issue, which will in turn increase your travel budget.If reports are to go by,...Microsoft signs Xbox game deal with Boosteroid cloud serviceMicrosoft said Tuesday that it has struck a deal to make Xbox PC video games available on the Boosteroid cloud gaming platform, its latest move...Fragmentation one of the biggest risks faced by global economy, says UAE ministerGeographical and economic fragmentation is the greatest danger the global economy faces today and is prompting the drafting of new policies to boost economic integration,...SVB's demise: Why didn't U.S. bank regulators see it coming?With hindsight, there were warning signs ahead of last week's spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators....
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Antarctica sea-ice hits new record lowThere is now less sea-ice surrounding the Antarctic continent than at any time since we began using satellites to measure it in the late 1970s....Feeding portfolios with agriculture productsFarm tractors, fertilizers, grain bins and processed foods will never be the glamour products of the 21st-century economy — or the stuff of flashy marketing...ChatGPT 4 release date: When is the new AI programme out?Microsoft says an updated version of the ChatGPT tool by OpenAI will be coming some time this week, according to reports."We will introduce GPT-4 next...US inflation cools slightly as Fed considers next move on interest ratesPrices in the US remained stubbornly high but inflation eased slightly last month, further muddying the Federal Reserve's next interest-rate decision as the collapses of...
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Garvi Gujarat Tourist train flagged off from Delhi; 10 more to be launched soonThe latest Bharat Gaurav train to be flagged off is the ‘Garvi Gujarat,’ which aims at showcasing the heritage of the state. If reports are...OQ Chemicals Launches ‘World’s’ First Bio-Based ISCC PLUS Certified Isononanoic AcidOQ Chemicals has launched “OxBalance Isononanoic Acid”, the world’s first commercially available isononanoic acid that is produced from both bio-based and circular feedstocks and is...Healthcare financing needs attentionHealthcare financing which deals with the generation, allocation, and use of financial resources in the health system has become an area of major policy relevance...
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P&O Cruises to name new ship in BarbadosAll eyes will be on Barbados this week as the island hosts an unprecedented cruise ship celebration. Today, March 16, P&O Cruises, “Britain’s Favorite Cruise...What It Means When Your Washing Machine Has Too Many SudWashing machines are undeniably more convenient than handwashing clothes, assuming they work correctly. There is any number of issues washing machines can experience, from leaks...Google will stop selling Glass Enterprise Edition to cut costsGoogle is known to be a company that bets on the future and it sees things a decade ahead of time whereas most other companies...Chinese researchers develop biodegradable, recyclable glassA group of Chinese material scientists created a biodegradable and recyclable form of glass with a minimal environmental footprint, which may contribute to the sustainable...
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Maldives’ Thilafushi – the story of a trash island’s journey to sustainable waste managementThilafushi in the Maldives is nothing like your usual tourist destination. For all we know, it may not even be a full-fledged “destination”. Here’s why...Etihad Rail network set to boost regional trade growth and increase investmentEtihad Rail is set to boost growth in regional trade and promote economic integration while attracting more investment into the UAE's key industries, Emirates NBD...What makes a sustainable rug? Try natural fibers or recycled yarnMore than 3.4 million tons of carpets and rugs ended up as municipal solid waste in 2018, according to the U.S. Environmental Protection Agency. Although...How to download videos from Facebook on desktop and mobileFacebook is one of the most popular video-sharing apps in the world, but surprisingly, it doesn't offer a way to download videos for offline watching.There...
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Carbon component blamed for Vega rocket lossThe fault that resulted in the loss of Europe's premier small rocket, Vega-C, during a launch in December has been identified by investigators.They've traced the...Global Industrial Machinery Market Size, Share and Forecast till 2028 with Top Countries DataThe industrial machinery market is a vital component of the global economy, and its growth is driven by various factors, such as technological advancements, demand...Intel takes PC market share from AMD but not serversWhile AMD seemed to have the upper hand on its eternal rival in the PC market with its Ryzen, the 12th and 13th generation Intel...Waterfall Security Solutions launches WF-600 Unidirectional Security GatewayWaterfall Security Solutions launched the WF-600 Unidirectional Security Gateway, an OT security protection against remote cyber-attacks.The WF-600 product line is a blend of hardware and...
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Newly released footage shows wreckage of the ‘unsinkable’ TitanicOut of the gloom of the ocean depths, it suddenly appeared before the oceanographers: an expanse of steel dotted with rivets and portholes, forming the...Core sector companies facing acute shortage of talent at senior managementA growing number of Indian companies in the core sector and process industries are facing an acute shortage of talent at senior management levels as...Gomi Transforms Plastic Waste Into Bluetooth SpeakersBrighton-based design studio Gomi has launched a series of portable Bluetooth speakers which feature casing made from waste plastic and old e-bike batteries. Named “Collection...Is Berkshire Grey Inc (BGRY) a Good Buy in the Specialty Industrial Machinery Industry?The 48 rating InvestorsObserver gives to Berkshire Grey Inc (BGRY) stock puts it near the middle of the Specialty Industrial Machinery industry. In addition to...
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Federal Reserve faces critical week as crisis fears lingerAs fears over a global financial crisis proliferate and inflation in the US remains elevated, the Federal Reserve will face a near-impossible decision this week...Luxury brand Mondrian to open first UAE hotel in Abu DhabiThe UAE’s first Mondrian hotel is set to open in Abu Dhabi next year. Joining a growing portfolio of hotels in cities including London, Los...ChatGPT bug leaked users' conversation historiesA ChatGPT glitch allowed some users to see the titles of other users' conversations, the artificial intelligence chatbot's boss has said.On social media sites Reddit...Resolution to recognize potato as official Oregon vegetable packs a peelThe Oregon Senate hashed out a decision Wednesday that may have taken the starch out of some lawmakers: a resolution to recognize the potato as...
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The Trick To Painting Ikea Furniture's Difficult SurfacesIf you've ever shopped at Ikea, you know that most of their furniture comes in white, gray, or wood tones. While these neutrals can work...
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Saudi Aramco to start building China refinery and petrochemical complexSaudi Aramco, the world’s largest oil exporting company, said on Sunday a venture in China will see construction begin on a major integrated refinery and...Jack Ma: Alibaba founder seen in China after long absenceAlibaba founder Jack Ma, who has rarely been seen in public in the past three years, has resurfaced at a school in Hangzhou, a report...Global trade growth to remain subdued in 2023, Unctad saysGrowth in global trade is expected to remain “subdued” this year, following a significant slowdown in the fourth quarter of last year amid geopolitical tensions...OnePlus Nord N20 5G – A Solid Mid-range PhoneThe OnePlus Nord N20 5G is a budget-friendly smartphone that boasts premium specs and 5G capabilities. As a mid-range phone, it competes with the likes...
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Why tech roles are still in demand despite mass layoffsLayoffs across the US technology industry have now claimed more than 300,000 jobs. Yet companies are still hiring in areas they see as mission-critical. Contract...Ford’s coming electric pick-up will drive itself, chief executive saysFord Motor plans to make driver-assistance features central to the next electric F-Series pick-up — so much so that you might be able to take...Recycled rubber becomes a life-saving device for motorcyclistsRubber from end-of-life tires becomes raw material for life-saving devices for motorcyclists. The prototype phase, which brought together Anas and the Ecopneus consortium, was passed...New Kentucky law focuses on updates surrounding veterinariansA new law is expected to modernize the licensure of veterinarians across the Commonwealth. It covers a variety of areas including new incentives in hopes...
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AI could replace equivalent of 300 million jobs - reportArtificial intelligence (AI) could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs says.It could replace a quarter of...How India plans to shield businesses from power cuts this summerFor Saurabh Verma, who runs a label printing plant in Ghaziabad in the northern Indian state of Uttar Pradesh, power cuts are one of his...US FDA clears Vaporox’s VHT-200 wound care medical deviceThe US Food and Drug Administration (FDA) has granted clearance for Vaporox’s next-generation VHT-200 medical device system to heal chronic wounds. The patented, FDA 510(k)-cleared...Microsoft expands Incident Response Retainer service; unveils AI-driven security productOrganizations that lack the resources to build their own incident response programs can now pay Microsoft for highly specialized response and recovery services if they're...
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Kedarnath Yatra: You will soon be able to book helicopter services on IRCTC websiteFor all those planning a visit to Kedarnath, and want to book helicopter rides for the same, the IRCTC has made the process simpler for...UAE economy to grow by 4.3% in 2024, Central Bank saysThe UAE Central Bank expects the country's economy to grow by 4.3 percent in 2024 and has maintained its growth forecast of 3.9 percent growth...Motorcycle GPS tracker brand launches a bicycle trackerThe Cycleoop uses GPS and cellular signals to track a bike that is stolen or tampered with and alerts the owner of the bike's location...Another Train Derails, Spilling Toxic Petroleum ProductsThis time, the train was a Canadian Pacific (CP) train, the accident took place in rural North Dakota and the toxins included petroleum used in...