Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BYD has sold more electric vehicles in Europe than Tesla for the first time, marking a breakthrough for the Chinese group’s efforts to expand into overseas markets.BYD registered 7,231 fully electric cars in Europe last month compared with 7,165 registrations for Tesla, according to research group Jato Dynamics, the automotive data intelligence firm.“This is a watershed moment for Europe’s car market, particularly when you consider that Tesla has led the European battery electric vehicle market for years, while BYD only officially began…
Image credit: Getty Images Eid Al Adha is expected to fall on Friday, June 6, with the Day of Arafah observed on Thursday, June 5, according to dates listed on the UAE government’s official website. Residents in the UAE are likely to enjoy a four-day break, comprising June 5 and 6 for Arafah and Eid Al Adha, followed by the regular weekend on June 7 and 8 (Saturday and Sunday). In Qatar, authorities have also officially confirmed the Eid Al Adha holiday period. As reported by The Peninsula, the break will span from the 9th to the 13th day of…
“My name is not on the deed to that rental home, but we have been married 15 years.” Source link
Nestlé chief executive Laurent Freixe said his predecessor’s forays into new product categories that included health supplements “weakened the fabric of the organisation”, as he ruled out turning to major acquisitions or asset sales to boost growth. Freixe, a company stalwart who replaced Mark Schneider last August, said in an interview with the Financial Times that diversification under Schneider had led to Nestlé’s core business lines — coffee, petcare and food — being neglected.“If you . . . put all your emphasis on developing new spaces . . . you will weaken the core. I think this is part of the issues that Nestlé has been facing,”…
Imagea: Supplied Google announced a slate of new artificial intelligence (AI) models, features, and product updates at its annual developer conference, Google I/O, with several innovations set to launch across the Middle East and North Africa (MENA) region. The updates, aimed at delivering more intelligent, agentic, and personalised AI experiences, include enhancements to the Gemini AI family and Google Search. Among the major updates is Gemini 2.5 Flash, a new, efficient AI model designed for speed and cost-effectiveness. The model, a streamlined counterpart to Gemini 2.5 Pro — which now tops the LMArena leaderboard — is available for preview on…
Cynthia Nixon shows off her Montauk kitchen, and it’s a stark contrast to the glossy interiors found in many celebrities’ homes. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EasyJet is on track to report record annual profits, as the low-cost airline forecast another strong summer, with travellers brushing off economic fears to book holidays. The carrier on Thursday said bookings for the peak summer season were “supportive” of it achieving pre-tax profits of £703mn in the 12 months to the end of September, in line with market expectations. That result would beat its previous record of £686mn in 2015. “We continue to see strong demand for easyJet’s flights and holidays,”…
Image: Supplied Bolt, the global ride-hailing and mobility firm, has added more than 6,000 Dubai Taxi Company (DTC) vehicles to its platform, marking a significant step forward in the emirate’s smart transport ambitions and intensifying competition in the region’s Dhs6bn taxi and e-hailing market. The new fleet integration includes DTC’s People of Determination Taxis and Ladies and Family Taxis, commonly known as Pink Taxis. The rollout coincides with a limited-time offer of 30 per cent cashback on the first three taxi rides booked through the Bolt app, as the company aims to gain traction among commuters in Dubai’s fast-growing mobility…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Demand for high-end London offices is starting to “trickle down” to second-hand buildings because of sky-high rents and a shortage of new properties, according to one of the capital’s biggest landlords. British Land, which co-owns Broadgate in the City of London, said it had seen a significant uptick in demand for “good second-hand space in core locations” and a sharp fall in the amount of available space. Since Covid-19, big office tenants have been narrowly focused on the best-quality space in new…
Nike reportedly is hiking prices by as much as 7%, according to various media reports, though the apparel maker is not tying the cost increases directly to tariffs. Source link