Telecom Egypt gets 5G licence
Telecom Egypt received the licence to activate the 5G services on mobile phones, the Egyptian Cabinet said in a…
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Hyundai sells China plant for $225 mln
Hyundai Motor Co. sold its plant in China in Chongqing for 1.62 billion yuan ($225 million), less than half the…
Euro area annual inflation up to 2.9% – Eurostat
The Euro area annual inflation rate rose in December 2023 to 2.9 per cent, going up from 2.4 per cent in November,…
iPhone overthrows Samsung as best-seller in ‘23
Apple’s iPhone overthrew Samsung smartphones and became the best-selling smartphone in 2023, Bloomberg reported on…
Norway oil firms plan 3-year push for Arctic gas
Norway’s oil companies are planning a three-year ramp up in natural gas exploration in the Barents Sea, Reuters…
Nokia to invest $391 mln in Germany
Finland’s Nokia is set to invest 360 million euros ($391 million) in software, hardware, and chip design in…
Tesla cuts Model Y prices in Germany
Tesla Inc. has cut the prices of its Model Y electric vehicle (EV) in Germany, Reuters reported on Wednesday.
Japan Airlines hires 1st female president
Japan Airlines announced on Wednesday that Mitsuko Tottori, senior managing executive officer, will become the…
S. Arabia eyes investment in semiconductors, space industries
Saudi Arabia’s sovereign wealth fund is set to invest in semiconductor and space industries in 2024 to accelerate…
Lamborghini sells 10,000+ vehicles in ’23 – CEO
Lamborghini, Italy’s luxury carmaker, sold more than 10,000 vehicles for the first time in 2023, Reuters reported,…