Cars are displayed at the Shanghai Auto Show in Shanghai. Reuters
German automaker BMW and Chinese online gaming giant Tencent Holdings are teaming up to launch a computing centre in China that will help develop self-driving cars in the world’s biggest auto market, the companies said on Friday.
General Motors (GM) and Ford Motor announced their quarterly sales in China fell, albeit at a slower pace sequentially, as the US automakers were hit by a slowing economy amid the Sino-US trade war.
China’s new home prices rose in July as the property sector held up as one of the few bright spots in the slowing economy, although easing momentum in some markets took immediate pressure off regulators
The UAE business community greeted Highness Sheikh Mohamed Bin Zayed Al Nahyan for being elected as the President of the UAE.
Wheat prices surged to a new record high in European trading on Monday after India decided to ban exports of the commodity as a heatwave hit production.
The 21st edition of the annual Airport Show hosted by Dubai, the world’s largest annual airport event, to open its doors on Tuesday at the Dubai World Trade Centre (DWTC)
Under the deal, the biggest in India since 2018, Adani Group will pay $6.4 billion in cash to acquire Holcim's 63.1% stake in Ambuja Cements Ltd and 54.5% holding in ACC Ltd. The rest of the companies' shares will be bought via an open offer.