The Indian Government is issuing a notice to the Volkswagen Group. The country’s vehicle testing agency has found significant variations in the emission levels in the companies’ diesel models of Jetta, Audi A4 and Vento. India’s Heavy Industries Ministry had earlier begun a probe into Volkswagen's emission standards after a manipulation scandal hit the German auto maker across the globe. India is expecting to hear back from the car manufacturer in a couple of weeks.
Japan to seek boosting investment with upcoming economic stimulus
Japan's economic stimulus package is set to include tax cuts to spur investment focused around 17 key industries, including AI and semiconductors, and multi-year budget allocations to make policy more predictable, the Nikkei newspaper reported.
UAE family businesses drive 60% of GDP, key to 2031 Vision
Family businesses remain a vital force in the UAE’s economy, contributing around 60 per cent of the country’s GDP, providing more than 80 per cent of jobs, and making up nearly 90 per cent of all private sector companies.
Elon Musk's $1 trillion Tesla pay plan wins shareholder approval
Tesla CEO Elon Musk won shareholder approval on Thursday for the largest corporate pay package in history as investors endorsed his vision of morphing the EV maker into an AI and robotics juggernaut.
Microsoft to train over 300,000 in UAE with AI skills
Microsoft has expanded its global skilling initiative - Elevate - to equip more than 250,000 students, staff and faculty and more than 55,000 government employees in the UAE with AI skills.
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