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BRASILIA/SAO PAULO The United States and Russia are competing for a strategic role in Brazil’s plan to launch commercial satellites from its base near the equator, opening up a new theater in their rivalry for allies and influence. Brazil’s government expects to choose a partner to help provide technology in the coming months, three sources with knowledge of the deliberations told Reuters. Brazil partnered with Ukraine over […]

Phoenix Power $146m IPO heavily oversubscribed MUSCAT, 10 hours, 58 minutes ago The flotation of Phoenix Power Co, owner of Oman’s largest power plant, has been heavily oversubscribed, attracting over RO1 billion ($2.6 billion) of bids from investors, the state-run Oman News Agency (ONA) reported on Sunday. The company sought to raise RO56.3 million ($146.3 million) by offering a 35 per cent stake in an offer open […]

UAE. Invesco today released its third annual Invesco Global Sovereign Asset Management Study[1], an in-depth report on the complex investment behaviour of sovereign wealth funds, conducted amongst more than 50 individual sovereign investors across the globe representing $7.09 trillion2 of assets, including Middle East based sovereign wealth funds. This year’s study took place against a backdrop of an extreme fall in the price of oil and provides […]

Adams … master-planning is important for sustainable developments. Master-planning key to sustainable mixed-use projects DUBAI, 3 days ago The Middle East has a unique set of challenges and opportunities with regard to creating large, mixed-use developments, says Louise Adams, former country manager UAE at Aurecon, an engineering, planning, project management and consulting company. Adams describes the importance of investing in master-planning, some of the current opportunities and […]

ABU DHABI // Five people died on Saturday when two four-wheel-drive vehicles collided head-on at Al Razeen, near Al Raha beach in Abu Dhabi. One of the vehicles caught fire in the crash, which happened at about 10am. All five of the dead were Emirati. Police and civil defence emergency teams rushed to the accident and tackled the fire. Investigations are under way to determine the circumstances […]

DUBAI // A poorly maintained car refuelling at an Enoc petrol station in Al Twar was likely to blame for a fire that broke out last Saturday, an initial review of closed-circuit television footage revealed. The footage shows Dubai Civil Defence using dry chemical powder to put out the blaze, containing the damage to the pump, the car and the side of the petrol station. Health, safety […]

ABU DHABI // Amid the sound of screeching tyres, the roar of engines and the smell of burnt rubber and petrol, cars line up for head-to-head races on the drag strip. Spectators excitedly watch from the stands, while other drivers in their souped-up sports cars and 4x4s line up, waiting for their turn. This is the scene at the Yas Drag Nights, which take place twice a […]

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Shareholders arrive for the Daimler annual shareholder meeting in Berlin April 1, 2015. Reuters/Hannibal Hanschke/Files FRANKFURT German carmaker Daimler is to make software from web services company Baidu available in its Chinese Mercedes-Benz cars as part of a trend of deepening ties between carmakers and consumer technology companies. Carmakers are seeking to extend information and entertainment services available in vehicles, as well as smartphone compatibility, in an […]

[embedded content] The electric wakeboard has arrived. This new carbon-kevlar watersport vehicle combines the speed of wakeboarding with the freedom of surfing—but you don’t need waves, this board has a built-in jet-propulsion motor that reaches speeds up to 25 knots. The battery lasts 30-minutes running at full speed and re-charges in just 1 hour. This entry passed through the Full-Text RSS service – if this is your […]

By PETER BAKER May 21, 2015 WASHINGTON — President Obama denied that the United States and its allies were losing the fight against Islamic State forces in the Middle East, but he acknowledged in an interview posted online on Thursday that more should be done to help Iraqis recapture lost territory. While repeating his refusal to commit large-scale American forces to the region, the president said Sunni fighters in […]

The US embassy in Abu Dhabi has sent an email to its citizens warning them to take care in rural and remote areas after someone was hit by a vehicle while walking in Al Bahia. “Due to a recent report of an individual who was hit repeatedly by a vehicle and seriously injured when walking on the road in Al Bahia, a rural area of Abu Dhabi, […]

Candylabs Toys is a Kickstarter success story. They make solid wood toy cars, inspired by classic 60s cars and mid-century design. Their latest collection includes 5 new vehicles: a pair of fastback muscle cars, a tow truck, a yellow taxicab, and a woody wagon with real walnut veneer and a tow-behind camper. They’re so cool your kids might even play with them. This entry passed through the […]

This miniature digital camera is built for much more than selfie-stick video posts. It features built in RAW and ProRes recording, 13 stops of dynamic range, a global shutter and an MFT lens mount, making it much more versatile than the average mini DV or POV cam. They also offer an almost unlimited range of accessories for mounting this powerful little guy on almost anything: drones, vehicles, […]

Using straight, solid vintage Ford Bronco bodies from the 60s, Ohio-based Classic Ford Broncos gives the antique vehicles a 21st century makeover, rebuilding them from the ground up with new, top-of-the-line components. Made to order. via This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers. -Werd

By Edward Taylor and Jan Schwartz GENEVA Sun Mar 1, 2015 11:43pm IST Customers gather for the opening of an Apple Store in Hangzhou, Zhejiang province, January 24, 2015. Credit: Reuters/Stringer/Files GENEVA (Reuters) – The main talking point at this week’s Geneva car show is likely to be a vehicle that may never be built: the Apple car. The world’s automakers will gather in the Swiss city […]

Video | Hollande Discusses Kidnapping in Yemen President François Hollande of France confirmed that a Frenchwoman had been kidnapped in the Yemeni capital, Sana. By ALISSA J. RUBIN February 24, 2015 PARIS — A Frenchwoman who works for the World Bank was kidnapped on Tuesday in front of a ministry office in Sana, the Yemeni capital, according to security officials there and President François Hollande of France, who took the […]

|By A. Gary Shilling| At about $50 a barrel, crude oil prices are down by more than half from their June 2014 peak of $107. They may fall more, perhaps even as low as $10 to $20. Here’s why. U.S. economic growth has averaged 2.3 percent a year since the recovery started in mid-2009. That’s about half the rate you might expect in a rebound from the […]

Apple Inc., which has been working secretly on a car, is pushing its team to begin production of an electric vehicle as early as 2020, people with knowledge of the matter said. The timeframe — automakers typically spend five to seven years developing a car — underscores the project’s aggressive goals and could set the stage for a battle for customers with Tesla Motors Inc. and General […]

You can configure a German-made Hinterhur bike trailer in lots of ways. Their wide array of accessories include handles, side panels, parking brakes, locks, hiking harnesses, & more giving you all sorts of ways to carry your cargo. The design is also collapsible: just a few clicks and it flattens out for space-saving storage. via This entry passed through the Full-Text RSS service – if this is […]

Production is limited to just 100 vehicles for Aston Martin’s GT3, the latest variant of their flagship Vantage coupe. This new model is powered by a 6.0-liter V12 and features race-inspired styling that makes it lower, wider & includes lots of carbon fiber plus enhanced aerodynamics. Deliveries begin in the third quarter of 2015. This entry passed through the Full-Text RSS service – if this is your […]

Rolls-Royce announced plans to build a sport utility vehicle (SUV), validating hints dropped by company officials earlier this year. .The announcement comes after months of rumors that Rolls would finally introduce something to compete against Porsche’s Cayenne, Mercedes-Benz’s G-Wagon, Land Rover’s Range Rover, and Bentley’s (forthcoming) Bentayga. This now leaves Ferrari as the only major luxury automaker without an SUV in its lineup. Rolls has confirmed that […]

RAF Police Flight Sergeant Will Barrow & his dog Buster. Buster served 4 tours of duty in Bosnia Afghanistan and Iraq, with Will and is the subject of a new book Photo: Philip Hollis/The Telegraph Flight Sergeant Will Barrow was crouched low, his heart pounding, in the belly of a Viking armoured vehicle under intense Taliban gunfire, when a clear and sudden understanding of his own mortality came […]

Dubai International Capital (DIC) is launching the sale of German alumina products maker Almatis as the fund seeks to reduce its liabilities in the wake of a debt restructuring, three people familiar with the deal said. DIC has mandated Barclays to explore the options of the possible divestment, the people said on Thursday. Almatis is around 80 percent owned by DIC with a stake also held by […]

Already well recognized for its efforts to develop self-driving cars, Google is reportedly also working on getting its Android mobile operating system built directly into a variety of vehicles. Such a system would allow drivers to use mobile apps without having to connect their cellphones to their cars, according to a Reuters article published Thursday. Google rolled out its preview of Android Auto in June. Designed to […]

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