GM reveals new Chevy Corvette E-Ray hybrid sports car, starting at over $104,000
The 2024 Chevrolet Corvette E-Ray hybrid will be the quickest production version ever of the American sports car.
Dubai continues to benefit from crisis and the Russia-Ukraine war, Damac chair says
Property transactions in Dubai year-to-date hit a record high by the end of 2022, surpassing previous records reached over the same period of 2009.
World must abandon Cold War mentality, China’s vice premier tells Davos
China’s Vice Premier Liu He said that the world “needs to abandon its Cold War mentality” and seek to strengthen international cooperation.
SAP CEO says the world is entering the ‘next phase of globalization’
The CEO of German tech giant SAP said the world is entering the next phase of globalization — and he’s largely optimistic on the outlook for technology.
Ukraine has repeatedly pleaded for tanks to fight Russia — its Western allies could now be ready to provide them
Ukraine has repeatedly asked its Western allies to provide it with tanks to help it fight Russia. A reluctance to answer those calls could be about to change.
EU announces new green proposals to rival Biden’s Inflation Reduction Act
The president of the European Commission, Ursula von der Leyen, said Tuesday her institution was drafting a new law targeting the region’s green industries.
ECB’s Centeno projects ‘a few’ more rate hikes in the next couple of meetings ‘at least’
The European Central Bank is likely to go ahead with “at least” a few more rate hikes in the next couple of meetings, Mario Centeno, governor of the Bank of Portugal told CNBC.
Tech bosses could face jail after UK government backs down over online harm
The U.K. government has agreed changes to its Online Safety Bill that would make senior managers at tech firms criminally liable for persistent breaches.
‘The year of inflection’: Top bank CEOs weigh in on inflation outlook
On the sidelines of the World Economic Forum in Davos, Switzerland, UBS CEO Ralph Hamers said 2023 will be “the year of inflection” for the global economy.
Idea of de-globalization is a ‘mirage,’ says historian Niall Ferguson
The Hoover Institution senior fellow said the idea that globalization has peaked is not borne out by data.
