Archive / october - 2022
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Hertz’s electrified fleet could save the day for car manufacturersIt was not that long ago that sales to rental fleets were seen as a sign of failure. With the dawn of the electric-vehicle age,...GMIS America calls for greater collaboration between energy and industrial sectorsEnergy leaders must increase collaborative efforts with industrial players to develop a practical road map for rapid decarbonisation to achieve the sustainable development goals, experts...Lebanon's inflation persists at 162% as IMF calls on politicians to implement reformsHyperinflation in Lebanon continued for the 26th consecutive month, as the International Monetary Fund called on authorities to implement critical structural and financial reforms, a...This solar LED lights lets your guests know where the stairs are for $26Clearlov3 (95% positive lifetime feedback) via Amazon is offering a 16-pack of DenicMic Solar Deck LED Lights for $26.38 shipped. Down from its normal going...
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Nasa, SpaceX study Hubble telescope re-boost missionThe orbiting observatory, one of the greatest instruments in the history of science, is gradually losing altitude. If nothing is done to re-boost it, the...EU agrees windfall tax on energy firmsMinisters have agreed windfall taxes on certain energy companies as well as mandatory cuts in electricity use.The plan includes a levy on fossil fuel firms'...Dubai Metaverse Assembly: as it happenedThe Dubai Metaverse Assembly had technology experts and people from the metaverse community as well as major companies convene to discuss opportunities and ways that...UAE and Georgia start CEPA talks to boost trade and economic tiesThe UAE and Georgia started negotiations towards a Comprehensive Economic Partnership Agreement (Cepa) this week as the Emirates looks to double the size of its...Could this new process finally turn polyethylene bags, plastics into something useful?Polyethylene plastics — in particular, the ubiquitous plastic bag that blights the landscape — are notoriously hard to recycle. They’re sturdy and difficult to break...
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UAE hotel room supply to increase 25% by 2030, Knight Frank saysThe UAE plans to add 48,000 hotel rooms by 2030, 25 per cent more than its existing supply of 200,000 rooms, as more international travellers...Saudi Arabia's Savvy Games Group launches $38bn investment strategySaudi Arabia's Savvy Games Group, owned by the country's sovereign wealth fund, the Public Investment Fund, has unveiled its new investment strategy, as the kingdom...Abu Dhabi's Mugharraq Port receives first international shipmentAD Ports Group, the operator of industrial cities and free zones in the emirate, said it has received the first international shipment at Mugharraq Port...DFSA fines KPMG LLP and former principal over shortcomings in Abraaj unit auditsThe Dubai Financial Services Authority (DFSA) has fined KPMG LLP $1.5 million and former audit principal Milind Navalkar $500,000 for failing to follow international standards...These are the best T-Mobile phones you can buy in 2022T-Mobile is one of the biggest wireless carriers in the United States and it offers an impressive lineup of smartphones across different price points. From...
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Nobel Prize goes to Svante Paabo for Neanderthal workThe Nobel Prize in Physiology or Medicine has gone to Sweden's Svante Paabo for his work on human evolution.The Prize committee said he achieved the...Tax U-turn lifts pound as borrowing costs fallThe pound has climbed after the chancellor reversed his controversial decision to scrap the top rate of tax. Sterling gained more than 1% to $1.1284...Oil prices rally on news of biggest potential Opec+ output cut in two yearsOil prices rallied on Monday after media reports that the 23-member Opec+ alliance is considering slashing output by more than 1 million barrels per day,...Turkey's inflation probably hit 84% in September on fears of further interest rate cutsFuelled by an experimental central bank policy that has chased away foreign investors and eroded the lira’s value, Turkish inflation probably accelerated last month to...Nano3Dprint launches B3300 dual-dispensing 3D printerNano3Dprint a ‘next-generation’ additive manufacturing solutions provider, has announced the launch of its B3300 dual-dispensing 3D printer.The B3300 is able to produce objects such as...
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Astronaut becomes first Native American woman in spaceA US astronaut has become the first Native American woman in space following a Nasa launch on Wednesday, Marine Colonel Nicole Mann, 45, is one...Google shutting down cloud gaming service StadiaGoogle is shutting down Stadia, the cloud video game service it launched three years ago to let people access console-quality play as easily as they...Cryptocurrency ETF outflows slow down to $17.6m in third quarterThe money flowing out of cryptocurrency-related funds in the third quarter has slowed down, a sign that many bearish investors may have already piled out...UAE e-commerce market forecast to reach $9.2bn by 2026"Among the main product categories offering the most untapped potential in the e-commerce market in 2022 are apparel and footwear, personal accessories, beauty and personal...Best Deals on Home and Kitchen ProductsWhen shopping, finding a deal is always ideal. That can be a bit more of a challenge in the weeks leading up to the holiday...
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Big Butterfly Count: Sightings worryingly low, say UK conservationistsButterfly sightings are "worryingly low" and continuing to decline, UK conservationists have warned.This year's Big Butterfly Count saw the lowest number of sightings recorded in...Musk offers to close Twitter buyout deal at original priceElon Musk on Tuesday offered to push through with his buyout of Twitter at the original agreed price, just weeks before the scheduled start of...Homes face winter power cuts in worst-case scenario, says National GridBritish households could lose power for up to three hours at a time this winter if gas supplies run extremely low, National Grid has warned....Hong Kong to lure tourists with free air ticketsHong Kong says it will give away 500,000 airline tickets, worth HK$2bn ($254.8m; £224.3m), as it tries to boost its Covid-hit tourism industry. The city...Mena economies set for fastest expansion since 2016 but growth is uneven, World Bank saysMiddle East and North Africa economies are set to expand at their fastest pace since 2016, but growth will be uneven as oil-importing countries continue...Graphco to Showcase Foliant Laminating Solutions at PRINTING United ExpoGraphco, a leading provider of offset, digital and print finishing solutions, announces that they will be running live laminating and foiling jobs at the PRINTING...
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Elon Musk X: What life is like on a super-app in AsiaI'm stuck at home taking care of a sick child, when a familiar feeling suddenly hits - a craving for durian. But there's no need...Greenland's future may be written under North SeaThere are clues to the near-future behaviour of a warming Greenland, and perhaps even a warming Antarctic, buried under the North Sea.Look below its bottom...British businesses plan to raise prices as economic crisis bitesBritish businesses are the most downbeat about the outlook for their profits since the depths of the Covid-19 pandemic in late 2020 despite widespread plans...Multilateral Clean Technology Fund gets $950m US Treasury loanUS Treasury Secretary Janet Yellen announced a $950 million loan to the Clean Technology Fund (CTF), a multilateral trust that helps developing countries accelerate their...Tryst with exotic fruit continues in Kerala’s farmsBitter melons from North East, butternut squash from Central America, gac fruit from Vietnam, Loquat from China are some of the exotic products that farmers...
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Samsung warns of 32% hit to profits on chip slumpTechnology giant Samsung has warned of a 32% slide in its profits as demand for electronic devices and the memory chips that power them shrinks...UK luxury travellers want complex long-haul holidays to multiple destinationsThe UK travel industry remains sanguine in the face of recessionary concerns, according to its trade body, while a new luxury trend has emerged after...The farmers caught up in Taiwan's tensions with China"This year I was very cautious," he says. "I was especially afraid because the lack of rain and drought disrupted growth, and then political circumstances...IMF approves $1.3bn emergency funding for Ukraine to help meet fiscal requirementsThe International Monetary Fund has approved the release of $1.3 billion in emergency funding for Ukraine, to help the war-stricken country meet its "urgent" economic...Kiran Jethwa's Top 3 Mushrooms To Forage In Oceanic ClimatesIf you dig into "Chefs vs. Wild" — Hulu's new part-Bear Grylls, part-"Chef's Table"-inspired cooking competition — you know in your bones that mushrooms are...
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Hyundai, Kia parts supplier in Alabama fined for child labourAuthorities found children as young as 13 working at a Korean-operated parts supplier to automakers Hyundai Motor Co and Kia Corp, and have fined the...NASA spacecraft collides with asteroid in planetary defence testA NASA spacecraft has hit an asteroid in an unprecedented test designed to prevent potentially devastating collisions with Earth. NASA’s Double Asteroid Redirection Test (DART)...UAE Ministry of Economy teams up with Plug and Play for tourism hackathonThe UAE Ministry of Economy has collaborated with global tech accelerator Plug and Play to launch a hackathon programme that aims to boost the Emirates'...Adnoc Drilling secures $1.53bn contract to boost Adnoc's offshore operationsAdnoc has awarded a $1.53 billion contract to Adnoc Drilling to support the expansion of the parent company's offshore operations and its goal of boosting...Market situation and development prospect forecast analysis of printing and packaging industryWith the improvement of production technology and technical level and the popularization of the concept of green environmental protection, paper-based printing packaging has the advantages...
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Nasa's Dart spacecraft 'changed path of asteroid'The American space agency says its recent attempt to deflect the path of an asteroid was successful. Scientists have now confirmed the orbit of a...UAE's e& enterprise completes 100% acquisition of SmartworldThe UAE base e& enterprise, part of e& — formerly known as Etisalat — has completed the 100 per cent acquisition of Smartworld, one of...Bank of England insists market support stops on FridayThe Bank of England has insisted that its support for the bond market will stop on Friday, following reports it could be extended if necessary....IMF cuts 2023 growth forecast and warns 'worst is yet to come'The International Monetary Fund has cut its growth forecast for 2023 and warned of a cost of living crisis as the global economy continues to...Plastic products firm acquired at 9.3x profitsPlastic products firm Ecodeck has been acquired by plastics manufacturer Coral Products in a deal that could rise to £5.6 million. If the full consideration...
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Toyota begins making cars in Myanmar after delay due to coupToyota Motor Corp has begun assembling autos in Myanmar after a more than yearlong delay following a military takeover in February 2021.The factory in the...Four Seasons to launch first luxury yachts in 2025Four Seasons is taking its luxury hospitality to the seas with the launch of a new yacht division. With the first vessel tipped to set...Meta unveils $1,500 Quest Pro VR headsetMeta Platforms on Tuesday released its Quest Pro virtual and mixed-reality headset, the company's latest device geared towards a higher-end market.The headset, unveiled at Meta's...G24 group says 'no calm after the Covid storm' and calls for scaled-up supportThe Covid-19 pandemic, which upended the global economy and shuttered many businesses worldwide, is waning but the economic outlook is severely impacted as multiple compounding...PureEdge Lighting Launches TruCurvePureEdge Lighting launches another new addition to the popular TruLine family of recessed 5/8” drywall lighting systems: TruCurve. Let the drywall be your canvas and...
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Fujitsu: How a Japanese firm became part of the Post Office scandalJapanese firm Fujitsu is at the heart of the Post Office's IT scandal. More than 700 Post Office branch managers were convicted when faulty accounting...Lab-grown brain cells play video game PongResearchers have grown brain cells in a lab that have learned to play the 1970s tennis-like video game, Pong. They say their "mini-brain" can sense...Adio and Amazon Web Services team up to launch cloud innovation centreThe Abu Dhabi Investment Office and Amazon Web Services (AWS) have joined forces to launch a new cloud innovation centre in the capital that will...IMF chief warns of risks of 'runaway' inflationInflation has battered the global economy and the world risks a recession next year just as it tries to recover from the Covid-19 pandemic and...Burglaries Happen Every 30 Seconds. Here's How to Best Secure Your HomePeace of mind is critical. Not only is it important to know your house or apartment is protected, but it's essential you and your family...
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Jumeirah Gulf of Bahrain Resort & Spa to open in NovemberJumeirah Group will open a new hotel in Bahrain in November. Jumeirah Gulf of Bahrain Resort & Spa will be located on the island’s west...Dyson releases cordless vacuum cleaner ‘capable of capturing virus particles’British technology company Dyson has unveiled a cordless vacuum cleaner that it says is powerful enough to pick up virus particles around the home.The company...Elon Musk says SpaceX to continue funding Starlink services in UkraineElon Musk said Space Exploration Technologies (SpaceX) will continue to fund its Starlink broadband service in Ukraine in an apparent step back from seeking support...Mubadala buys minority stake in European fibre and data company GlobalConnectMubadala Investment Company has signed a deal to acquire a minority stake in Sweden-based data and services company GlobalConnect, as Abu Dhabi’s strategic investment arm...Fish Stocks Restored Using Ecosystem-Based Fisheries ManagementThe first ecosystem model that covers the complete food web of the western Baltic Sea predicts how marine life in the region would react to...
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AI tools fail to reduce recruitment bias-studyArtificially intelligent hiring tools do not reduce bias or improve diversity, researchers say in a study."There is growing interest in new ways of solving problems...Rupert Murdoch considers reuniting Fox and News Corp to streamline operationsRupert Murdoch has started a process that could reunite his media empire, News Corp and Fox Corp disclosed on Friday, saying they would consider combining...ECB needs more interest rate rises and smaller balance sheet, says Bundesbank chiefThe European Central Bank (ECB) needs several more rate rises to tame inflation despite what is likely to be a deep recession in Germany, and...US Fed's Bullard content with big rate rises now and a wait-and-see stance in 2023A “hotter-than-expected” September inflation report does not necessarily mean the Federal Reserve needs to raise interest rates higher than officials projected at their most recent...Which Brand Refrigerators Are The Best?India is a country where refrigerators are an essential part of every household. The fridge keeps your perishable and non-perishable food items fresh. It's easy...
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Virgin Orbit rocket arrives for first space launch from UKThe rocket that will conduct the first ever orbital mission from UK soil has been delivered to its spaceport. Virgin Orbit's LauncherOne vehicle came into...Flydubai is first UAE airline to launch flights to Maldives’ Gan airportHolidaymakers keen to travel to the Maldives from the UAE will soon have another way to get there. Low-cost airline flydubai will be launching flights...Abu Dhabi's Injazat signs initial pact with Singapore's trade tech bodyInjazat, a technology company that is part of Abu Dhabi’s G42, has signed a preliminary agreement with Singapore’s tech trade association SGTech to collaborate on...Egypt announces car import scheme for citizens living abroad to raise foreign currencyStruggling to ease a foreign currency crunch, Egypt has announced a programme that will allow citizens living abroad to import cars into the country, paying...UltiMaker launches new MakerBot SKETCH large 3D printer for classroomsUltiMaker has announced the new MakerBot SKETCH Large 3D printer, the newest addition to the popular MakerBot SKETCH platform.It will be the first model to...
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Ivory seized decades ago still turning up in raidsConfiscated ivory from elephants killed more than 30 years ago has turned up in recent raids, say scientists. The tusks were once part of a...Shein owner Zoetop fined $1.9m over data breach responseLogin details for 39 million Shein accounts were stolen in 2018 after its parent company, Zoetop, was targeted by hackers. New York Attorney General Letitia...UAE Central Bank issues commemorative coin to mark 30 years of Tawazun Economic CouncilThe UAE Central Bank has issued 1,000 silver commemorative coins to mark the 30th anniversary of the Tawazun Economic Council.Each coin weighs 40 grams and...Packaging Today's Specialized Drug ProductsThe development of personalized and specialty medicines along with increased use of pre-filled syringes impact the machinery used to manufacture and package these highly specialized...
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The best cheap gaming laptop deals in October 2022These days building a PC or even outright buying a prebuilt is an expensive proposition, and that's a burden on your wallet that doesn't seem...
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Redsense Medical AB (publ)'s (NGM:REDS) Profit OutlookWe feel now is a pretty good time to analyse Redsense Medical AB (publ)'s (NGM: REDS) business as it appears the company may be on...
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Vast marine protected area 'boosts tuna stocks'A huge marine reserve in the Pacific Ocean has led to the recovery of tuna and other migratory fish around its borders, according to a...One of Japan’s biggest convenience store chains testing walk-through cashless payment systemJapanese convenience stores are wonderful places, full of all sorts of delicious drinks and fabulous foods, from teas and coffees to onigiri rice balls and...Elon Musk joins Jeff Bezos in predicting recessionTesla chief executive Elon Musk said on Friday he thinks a recession will last until the spring of 2024, echoing a prediction by former Amazon...Oracle's new cloud solutions to help strengthen healthcare supply chainsUS software company Oracle has unveiled new healthcare-focused cloud solutions, including specialised supply chain technologies, to support hospitals and clinics that were put under immense...
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UK outlook cut to 'negative' by Moody's over political turmoilThe outlook for the UK’s credit score was revised to negative by Moody’s Investors Service following weeks of turmoil in the British government, during which...Mercedes' new electric SUV to take on Tesla’s Model YMercedes-Benz Group is broadening its battery-powered line-up with a sport utility vehicle that will take on Tesla's Model Y in another step towards the car...
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A budget-friendly stay in Oman's capital at Avani Muscat – Hotel InsiderLocated within driving distance of the UAE, Muscat is a great option for a quick getaway. And with the first Avani hotel in the sultanate...Europe's delayed Mars rover to receive rescue packageEurope's research ministers are to be asked for "up to €360m" (£313.5m) to start the process of reconfiguring the Rosalind Franklin Mars rover mission. The...Elon Musk completes $44bn Twitter dealElon Musk completed his $44 billion acquisition of Twitter on Thursday after tumultuous months of back and forth during which the billionaire questioned the actual...Safanad and Global School Management to invest $200m in Middle East education sectorUS headquartered investment house Safanad and international education platform Global School Management are investing an initial $200 million in the Middle East to acquire education...
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Natural gas exporters: market to be tight until 2025The leader of the coalition of gas-exporting countries said Tuesday the group expects demand for the fuel to far outstrip supply until 2025 amid a...Amazon market value slips below $1tn on bleak outlookAmazon's market value briefly fell below $1 trillion after its earnings report and outlook disappointed investors.The stock fell as much as 12 per cent on...Former Abraaj executive reaches agreement with Dubai regulatorWaqar Siddique, a former managing director at the defunct private equity company Abraaj Group, has reached a settlement with the Dubai Financial Services Authority. Mr...World faces 'difficult' six months as economic risks mount, Saudi finance minister saysThe world is facing a very difficult six months as mounting geopolitical risks exacerbate economic hardship, with the situation expected to deteriorate before improving, panellists...
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Philippines to lift PCR test requirements for non-vaccinated travellersThe Philippines has announced plans to lift its remaining PCR test requirements for travellers entering the country.In a palace briefing on Tuesday, tourism secretary Christina...Egypt and IMF reach deal for $3bn loanEgypt and the International Monetary Fund have reached a deal for a $3 billion loan from the Washington-based lender, lasting three years and 10 months.The...Auto prices in U.S. finally begin to creep down from inflated highsAll summer long, Aleen Hudson kept looking for a new minivan or SUV for her growing passenger shuttle service.She had a good credit rating and...