Joining me on the call today are co-CEOs, Toby Russell and George Arison; and CFO, Oded Shein. During our remarks, we will make some forward-looking statements, which represent our current judgment on what the future may hold. Actual outcomes and results may differ materially from what is expressed or implied in any forward-looking statements.
BEIJING (AP) — Global automakers and EV startups unveiled new models and concept cars at China's largest auto show on Thursday, with a focus on the nation's transformation into a major market and production base for digitally connected, new-energy vehicles. Toyota and Nissan both announced tie-ups with major Chinese technology companies as they strive to meet customer demand for AI-enabled online connectivity in cars, from social media apps to autonomous driving features. Electric vehicles accou
Palestinian hospital officials say Israeli airstrikes on the southern city of Rafah in the Gaza Strip have killed at least five people. Among those killed in the strikes overnight and into Thursday were two children, identified in hospital records as Sham Najjar, 6, and Jamal Nabahan, 8. More than half of the territory’s population of 2.3 million have sought refuge in Rafah, where Israel has conducted near-daily raids as it prepares for an offensive in the city.
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A £31 billion takeover pursuit and some robust blue-chip updates helped to boost the FTSE 100 index today. Anglo American, whose interests include De Beers and the giant Woodsmith polyhalite project in North Yorkshire, is the target of Australia’s BHP. Meanwhile, shares in Barclays, AstraZeneca and Unilever performed strongly after their first quarter updates.
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China's largest auto show opened in Beijing on Thursday with the biggest names showing off their latest electric vehicles (EVs), underlining how the world's largest auto market is already in an all-electric state of mind, and isn't looking back. Automakers are set to unveil 117 new models versus 93 at last year's show in Shanghai，while overall 278 new energy vehicles (NEVs) will go on display, seven more than last year, organisers said. The show, which runs through early next month, comes as NEV sales hit a milestone in early April, accounting for over 50% of cars sold in China, auto association data showed.
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BW Energy has postponed the final investment decision (FID) on its long-delayed Kudu gas-to-power project in Namibia to 2025, two company sources said on Thursday. "It is true, we have delayed FID," said one source without elaborating. BW Energy did not immediately respond to a request for comment.
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Iran's judiciary confirmed the death sentence of well-known Iranian rapper Toomaj Salehi but added that he is entitled to a sentence reduction, state media reported on Thursday. Salehi's lawyer Amir Raisian told Sharq newspaper on Wednesday that an Iranian Revolutionary Court had sentenced his client to death for charges linked to Iran's 2022-2023 unrest. Salehi was arrested in October 2022 after making public statements in support of the nationwide protests, sparked by the death in police custody of Mahsa Amini, a 22-year-old Kurdish Iranian woman arrested over wearing an "improper" hijab.
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