Bill Gates warns that manufacturing could challenge climate goals
WASHINGTON: Bill Gates exudes optimism in discussing the world’s ability to tackle climate change – until he hits on manufacturing. About that,...
Jaguar cars to go all-electric by 2025 as JLR plans full range of e-models by 2030
LONDON: Jaguar Land Rover’s luxury Jaguar brand will be entirely electric by 2025 and the carmaker will launch e-models of its entire...
Visa to add cryptocurrencies to payment network
ISLAMABAD: International payment system Visa is moving towards allowing its cardholders to buy and sell cryptocurrencies in countries where it does not...
Oil hits 13-months highs on fears of Middle East tensions
SINGAPORE: Oil prices soared on Monday to their highest in about 13 months as fears of heightened tensions in the Middle East...
Bitcoin pulls back from brink of $50,000
SINGAPORE: Bitcoin pulled back from a record high on Monday and other cryptocurrencies slipped, as investors took profits from a record-breaking rally...
Sri Lanka import ban takes the spice out of life
COLOMBO: An import ban in cash-strapped Sri Lanka is leaving a bad taste in the mouths of its curry lovers, depriving them...
Google’s $76m deal with French publishers leaves many outlets infuriated
PARIS: Alphabet Inc’s Google has agreed to pay $76 million over three years to a group of 121 French news publishers to...
ByteDance explores sale of Indian TikTok assets to rival firm Glance: Bloomberg
TOKYO: China’s ByteDance is said to be exploring the sale of India operations of TikTok to rival unicorn Glance, Bloomberg News reported...
Oil retreats further as demand fears set in
LONDON: Oil prices dropped for a second day on Friday, pulling further back from a one-year high after OPEC again lowered its...
L’Oreal sees post-pandemic ‘roaring 20s’ driving cosmetics rebound
PARIS: L’Oreal, the world’s biggest cosmetics group, forecast a strong rebound in makeup sales when the Covid-19 pandemic gives way to a...
With oil past peak, Shell sharpens 2050 zero emissions goal
LONDON: Energy giant Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, raising its ambition from previous targets, as its...
Oil drops after strong rally as talk of slower recovery weighs
SINGAPORE: Oil prices fell on Thursday, giving up some of the recent strong gains on expectations of slower economic recovery and speculation...
Volkswagen taps Microsoft’s cloud to develop self-driving software
CALGARY: Volkswagen AG on Thursday said it will use Microsoft Corp's cloud computing services to help it streamline its software development efforts...
Oil in longest rally in two years as vaccines boost demand hopes
NEW YORK: Oil rose on Wednesday, extending its rally for a ninth day, its longest winning streak in two years, supported by...
Toyota hikes profit forecast 54pc, shrugs off global chip supply issues
TOKYO: Toyota Motor Corp said on Wednesday it has an up to four-month stockpile of chips and was not immediately expecting a...