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The fact that countless car manufacturers in North America, including Mazda, rely on the NACS charging standard developed by Tesla is nothing new. However, the Japanese car manufacturer has now concluded an agreement with Tesla that new electric Mazdas in Japan will also use NACS from 2027. The brief announcement from the Japanese company states that Mazda Motor Corporation has reached an agreement “with Tesla, Inc. (Tesla) to adopt the North American Charging Standard (NACS) for charging ports on the company’s battery electric vehicles (BEV) launched in Japan from 2027 onward.” With the NACS, Mazda aims to provide more convenience…
Spain’s government has announced the fourth funding round of its eMobility programme PERTE. This programme will have a budget of 1.25 billion euros. In contrast to the previous year’s programmes, the main funding will be provided in the form of loans, which account for 1 billion euros of the total amount, while the remaining 250 million euros will be granted as direct subsidies. Another new feature is that the State Corporation for Industrial Promotion and Enterprise Development (Sepides) will be responsible for managing this new PERTE funding round. As in previous rounds, the subsidies will be divided between projects covering…
Abu Dhabi Mobility, an affiliate of the UAE’s Department of Municipalities and Transport, has just announced a large investment in new EV infrastructure. It includes the installation of 1,000 new charging points at 400 locations, including key strategic locations such as hotels and shopping centres. Abu Dhabi Mobility has not disclosed how large the investment is, but states that “a number of operators have been appointed to manage EV charging stations under public-private partnership (PPP) contracts” covering the supply, installation, operation and maintenance of chargers across Abu Dhabi. This includes the installation of chargers at 400 locations across Abu Dhabi…
This is the video game that your parents were worried about.”Schedule 1,” a drug-dealing business simulator, is the biggest indie game hit of the year so far. Players build a drug empire, starting with a humble marijuana business before graduating to meth and cocaine.The game peaked in April at nearly 460,000 concurrent players on Steam, the most popular online store for downloading PC games. Popular clips of the game show players doling out designer drugs to avatars, which take hits and exhale smoke or, in some cases, burst into flames.TVGS, an Australian video game developer, released “Schedule 1” on Steam…
The world has witnessed heightened geopolitical tensions recently, with evolving warfare strategies placing air power and air defence at the forefront of national security dialogues. For India, there has been a change in its military posture along the western border with Pakistan. This is in light of the terrorist attack in Pahalgam in Jammu and Kashmir and the subsequent response by the Indian Armed Forces through Operation Sindoor. This has renewed the urgency to bolster air readiness. India has, in the past, had air face-offs with Pakistan in the 1965, 1971, and 1999 wars and during the recent airstrikes in…
2025-05-10T12:50:01Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Forbes compiled a list of the richest person in every state in 2025. Alaska, Delaware, and West Virginia are the only three states without billionaires. Four of the seven richest Americans live in California, with Mark Zuckerberg in the top spot. The US is home to more billionaires than any other country.…
U.S. President Donald Trump looks on as he gives remarks outside the West Wing at the White House in Washington, D.C., U.S., May 8, 2025. Kent Nishimura | ReutersPresident Donald Trump is standing in his own way when it comes to passing crypto legislation.Lawmakers this week rejected the GENIUS Act — a bill meant to establish federal rules for stablecoins — due in part to concerns that President Trump’s personal cryptocurrency ventures have created an unprecedented conflict of interest.”Currently, people who wish to cultivate influence with the president can enrich him personally by buying cryptocurrency he owns or controls,” Sen.…
The drilling unit of the United Arab Emirates’ biggest oil company expects to make three acquisitions in the second half of this year totaling about $500 million, as it expands in technology and hardware to bolster growth. Two of the deals will be for businesses developing artificial intelligence applications, Adnoc Drilling Co. Chief Financial Officer Youssef Salem said in an interview. The third will be a purchase of drilling rigs as the company expands in the Middle East. State-owned Abu Dhabi National Oil Co. listed the drilling unit in 2021 to raise capital and develop a services company with the…
MOGADISHU, Somalia (AP) — At least seven people have died and major roads were cut off after heavy rains led to flooding in Somalia’s capital, Mogadishu, on Friday night due to an overwhelmed drainage system and a growing urban population.The regional administration spokesperson, Abdinasir Hirsi Idle, told The Associated Press on Saturday that rescue efforts were ongoing.“The death toll could rise because the rains were heavy and lasted for several hours, causing nine houses to collapse across different neighborhoods, and at least six major roads to suffer severe damage,” he said.Somalia has in the past suffered extreme climate shocks that…
(Oil Price) – Paul Singer’s Elliott Management is kicking the tires on a deal that would have been unthinkable just a few years ago: buying a stake in a pipeline that carries Russian natural gas into Europe. The pipeline in question is the Bulgarian extension of TurkStream—Russia’s last functioning gas artery to the continent. With the rest of its gas empire sanctioned, sabotaged, or politically radioactive, TurkStream is the Kremlin’s last straw clutched tightly in the hand of European demand. Now, Elliott is reportedly sniffing around that straw, according to the Wall Street Journal, possibly as part of a broader play…