Latest news with #670
Yahoo
3 days ago
- Automotive
- Yahoo
Tesla rival Xiaomi shows off its new SUV in Beijing
Elon Musk's beleaguered Tesla (TSLA) is fending off yet another competitive EV entry in China. Chinese electronics giant Xiaomi launched the YU7 SUV at 13 of its Beijing showrooms this week and, according to CNEVPOST will roll it out in almost 100 Chinese cities throughout June. While customers can marvel at the YU7, they won't be able to start placing orders for it until July. A robust YU7 launch would build on the success of its sleek SU7 sedan, which launched last year and has been outselling Tesla. The YU7 is a five-seat, mid-to-large-size SUV, clocking in at just over 16 feet in length. CNEVPOST reports that the YU7 will be available in standard, pro, and max versions, each with more amenities than the other. Zoriy Birenboym, auto expert and CEO of tells Quartz that Xiaomi's entry into the EV market with the SU7 was more than just a headline — it was a signal. 'With the YU7 now following, Xiaomi is clearly aiming to scale and diversify its lineup,' Birenboym said, adding that if priced competitively and supported by their strong tech ecosystem, the YU7 could challenge incumbents in the mid-size EV space and further blur the lines between consumer tech and mobility. 'This move could have ripple effects across both the auto and tech industries,' he said. HSBC Qianhai (HSBC) published a note, according to Reuters, stating that the new EV SUV will be priced between 230,000 yuan and 330,000 yuan ($31,989 and $45,898) and that Xiaomi could ship 100,000 YU7 units this year, followed by 249,000 units in 2026. In a regulatory filing with the Chinese government and reported on CNEVPOST, the company said the new SUV is equipped with a battery pack that has a capacity of 101.7 kWh and range available in three options: 670 km, 750 km, and 760 km (416 miles at the low end and 472 at the high end). This would rival Tesla's Model S, which can go just over 400 miles before needing a recharge. For the latest news, Facebook, Twitter and Instagram.
Khaleej Times
20-05-2025
- Business
- Khaleej Times
India, Pakistan flights: One-way ticket to UAE for Dh9,100 as expats rush back after ceasefire
Airfares from Pakistan and some Indian cities have seen a massive increase as UAE residents stuck in their home countries reschedule their return dates following the ceasefire between the two neighbours. Travel agents in the UAE said they are witnessing a lot of enquiries and demands from the UAE residents who went to India and Pakistan for holidays before the military escalation and want to return early, fearing flights may be suspended again if the situation escalates. Following the ceasefire initiated by US President Donald Trump, Pakistan and India has reopened airports and announced the resumption of flights. Reschedule return date Pakistani national Ijaz Khan, a businessman in the UAE, has been stuck in his home country due to the war. 'I'm trying to move ahead my return to the UAE during this ceasefire. I'm trying to arrange my return as soon as possible because I don't know what the situation will be with regard to commercial flights,' said Khan. Saleem Akhtar, currently in Lahore on vacation and looking to return to the UAE, said airfares are quite high over the next few days only. 'Those people whose flights were cancelled over the past 3-4 days are rebooking now. Therefore, airfares have spiked this week till May 17. We see airfares on May 18 and beyond are normal,' he said. Dh3,900 India-UAE one-way fare One-way airfare from Delhi to Dubai for Monday flight on a full-fledged carrier reached Rs44,670 (Dh1,920) due to the closure of airports in the Indian Punjab during military escalation, resulting in a large number of residents opting to fly from Delhi airport. However, the one-way airfare drops steadily and will reach just around Dh910 by Friday. Meanwhile, Delhi-Abu Dhabi airfares stood at Rs51,600 (Dh2,230) for Monday and Rs90,300 (Dh3,900) for Tuesday. Meanwhile, airfare on a budget carrier on Delhi-Sharjah flights ranged between Dh1,360 and Dh1,180 over the next few days due to high demand. Dh9,100 Pakistan-UAE one-way fare Similarly, for Monday, Lahore to Dubai airfare on UAE carriers touched as high as nearly Rs700,000 (Dh9,100) but dropped to around Rs390,000 (Dh5,100) on Friday. A local carrier website showed seats on Lahore-Abu Dhabi almost sold out till Wednesday due to heavy passenger traffic with airfares reaching Rs540,000 (Dh7,050). Meanwhile, one-way airfares on Pakistani airlines reached around Dh2,350 for Monday and Tuesday. Hundreds of flights from Pakistan were cancelled over the past few days due to the closure of airspace. This has created a massive backlog for the airlines to deal with. If the ceasefire continues to hold, travel industry executives suggested that airfares will take at least 4-5 days to return to normal levels due to exceptionally high demand. 'There is a strong demand from people stuck in India and Pakistan because they want to return to the UAE as soon as possible,' said Mir Wasim Raja, manager of International Travel Services (ITS). 'Because of strong demand, airfares have gone up by 20 per cent as flights are operating at full capacity,' Raja told Khaleej Times in an interview. Summer holiday rush Avinash Adnani, partner at Neo Travel and Tourism, also confirmed that there are many inquiries from people stuck in India and Pakistan due to the military escalation. 'There were regular daily flights from Chandigarh and Amritsar airports to the UAE. However, due to the closure of airports in these two cities, passenger traffic has been diverted to Delhi. Therefore, airfares from Delhi to Dubai have rocketed,' said Adnani. 'In India, schools are closed, and people are waiting for clarity on the military situation. We hope the situation will be clearer in the next 48 hours.' For Pakistan, the UAE and Pakistani carriers have resumed flights between the two countries as Pakistan reopened its airspace for commercial flights. 'Once Chandigarh and Amritsar airports reopen for commercial flights and UAE carriers begin full-scale operations to Pakistan, airfares are likely to normalise within a few days from the two countries,' he added.
Time of India
18-05-2025
- Health
- Time of India
Sewage & the city: Ahead of monsoon, open drain near condo raises a stink
Noida: The open sewer drain in front of La Solara Apartments near Ek Murti Chowk in Sector 16 has turned into a breeding ground for mosquitoes, raising serious health concerns for over 2,500 residents. With the monsoon season approaching, the clogged and waste-filled drain has become a major civic hazard, residents alleged. "The drain has not been cleaned for months. It's filled with muck and plastic waste. The mosquito menace is worsening every day," said Darryll Gonsalves, a resident of La Solara apartments. Adding to the problem, Gonsalves claimed that dirty water from the adjacent Casa Green society continuously flows onto the road outside, creating a perennial water hole. "It remains waterlogged throughout the year," he added. La Solara apartments, spread over 1.85 acres, comprises four towers with 670 residential units and houses more than 2,500 people. The area also includes several other high-rises like KA Divya Towers, RG Luxury Homes, and Panchsheel Greens 2, collectively accommodating over 10,000 residents. Despite being well connected to nearby landmarks such as Gulshan Belina Road, Mahagun Marina Walk and Kaith Hospital, Sector 16 continues to grapple with poor civic management and sanitation issues. Residents also complained about weekly market encroachments that worsen the hygiene situation. "On Wednesdays and Sundays, the market opposite our society leaves behind rotting fruits, vegetables, and plastic waste, much of which ends up in the nallah beside the service road," said another resident. Local residents said that repeated complaints to the Greater Noida Industrial Development Authority (GNIDA) have gone unheeded. Besides sanitation issues, concerns were also raised regarding inadequate street lighting and lack of security in the area. Officials from the authority said the concerns of residents will be looked into.
Gulf News
29-04-2025
- Business
- Gulf News
What's the key to building wealth?
Imagine waking up one morning to find your bank account drained—not by fraud, but by your own decisions. Credit card interest, impulsive investments, an ill-advised loan, or even a paycheck that barely stretches to cover the basics. This isn't some dystopian horror story; it's the daily reality for millions worldwide. Financial illiteracy isn't just an inconvenience—it's an epidemic. According to Standard & Poor's, only 33 per cent of adults globally are financially literate. That means two-thirds of the world is navigating a financial jungle without a map, making choices that could lead to ruin rather than security. And when an emergency strikes? Nearly half of millennials have less than $1,000 (Dh3,670) saved. The consequences of poor financial decisions aren't just individual—they ripple across economies, fuelling debt crises, widening wealth gaps, and fostering generations trapped in financial struggle. But just when it seems bleak, the plot takes a twist. Enter fintech. Why the digital revolution needs guardrails Technology has changed everything. Just as GPS replaced paper maps, smartphone apps have transformed how we manage money. Today, a stock trade is as effortless as ordering coffee. Investment apps boast a staggering 117 million users in 2023, and in the UAE, trading activity surged 75 per cent year-on-year, outpacing markets like Spain and Singapore. But here's the kicker—accessibility without understanding is a recipe for disaster. The same apps that democratise investing also open doors to reckless speculation. We've all seen the stories—traders betting big on meme stocks, crypto bubbles bursting overnight, life savings lost in minutes. Without financial education, these tools become weapons of self-destruction. The hard truth? Most people lack even the most rudimentary financial skills. A global survey by Standard & Poor's tested four basic principles: inflation, risk diversification, numeracy, and compound interest. To be considered financially literate, respondents needed to answer just three of the four correctly. Only one-third of adults worldwide passed. In the UAE, the results were slightly better at 38 per cent, but still lag behind financial powerhouses like the US and Japan, where over half of adults have a solid grasp of money management. And yet, we expect people to make intelligent financial choices—buy a house, invest wisely, prepare for retirement—without ever teaching them how. But if we flip the script, financial literacy becomes one of the most powerful drivers of stability, growth, and prosperity. This is why governments and businesses need to step in. In the UAE, initiatives like the New Economy Academy and Ghaya programme are equipping people with the skills to manage their money intelligently. The New Economy Academy, a governmental entity under the UAE Prime Minister's Office, is a leading training and educational centre dedicated to financial literacy and is now nurturing a new generation of financially savvy Emiratis. The Ghaya programme, which is supported by ADGM Academy and the London Institute of Banking Finance, has been working with citizens across Abu Dhabi since 2020. In addition, National Bonds has partnered with education specialists Taaleem to introduce financial literacy concepts to students in its 12 schools. The Kids Finance Initiative has also been developing programmes for schools, universities and private businesses. Schools are integrating financial education into curriculums, and investment-trading platforms such as are embedding educational tools directly into their trading platforms. Because knowledge isn't just power—it's also profit. At we are already seeing a gradual evolution in trading behaviour across regions. As traders begin to understand longer-term macroeconomic trends and market drivers, there has been a shift away from speculative assets such as alt-coins and so-called meme stocks towards traditional commodities and index trackers. To support this evolution further, we provide a comprehensive suite of educational resources designed to help users at every level of their financial journey. Our platform provides educational resources and tools, including demo accounts and AI-driven insights, to help users make informed investment decisions and develop confidence. Financial literacy is not optional If you take nothing else from this, remember: financial literacy is not optional. It's the difference between thriving and barely surviving. Between building wealth and drowning in debt. Between taking control of your future and becoming another statistic. As we continue to support informed investing and trading, as well as build a new generation of empowered retail investors, we will see more individuals able to contribute to the UAE's collective prosperity. By fostering financial literacy, we're not just creating better investors and savers—we're building a future where more people can achieve financial independence and long-term stability. The journey to financial empowerment starts with knowledge— we have to make sure no one has to navigate it alone.
Chicago Tribune
28-04-2025
- Entertainment
- Chicago Tribune
Leila Rahimi is named as Dan Bernstein's replacement as The Score's midday co-host
Longtime Chicago TV and radio host Leila Rahimi was named co-host of the midday show on WSCR-AM 670 on Monday. Rahimi will join Marshall Harris as hosts of 'Rahimi and Harris,' which airs weekdays from 10 a.m. to 2 p.m. She replaces Dan Bernstein, who was fired last month after a social media spat. Bears reporter Mark Grote also will appear on the show twice a week. 'We're committed to having top-tier hosts who are respected by local teams and can connect with our listeners through thoughtful and engaging opinions,' Mitch Rosen, Audacy Chicago's vice president of sports programming, said in a release. 'Leila is one of the hardest-working teammates at The Score and her knowledge of Chicago sports has made her a beloved voice among the city's fans.' Rahimi has been with The Score as a contributor since 2017 and as a co-host since 2020. She previously co-hosted the midday show with Bernstein in 2021 and 2022. Recently she co-hosted the midday show on Wednesdays and has helped fill in with Harris since Bernstein's departure. The station said she is the first female full-time, prime-time sports radio host in Chicago. Rahimi, a Texas native, was a sports anchor at NBC-5 from 2021-24 and also spent five years at NBC Sports Chicago, where she led baseball pregame and postgame shows and reported on other major events. She also has worked in Philadelphia, Houston and San Diego and for MLB Network. 'We have changed. The Score listener has not, and that's really who this is about today,' Rahimi said on the air Monday morning. 'It's about those who listen to The Score no matter what. We appreciate you. We thank you. 'And to me, that's been the consistent. It's that I know they're there. And I want to say thanks to everybody who has been there the whole time because that is what makes us go.' 'I didn't have a Plan B.' How Leila Rahimi became one of Chicago's favorite sportscasters. Harris joined Bernstein in September after a shake-up at the station in which Laurence Holmes moved to afternoons with Matt Spiegel. The 'Bernstein and Harris' show didn't make it a year after Bernstein's fight with an X user that started over Bernstein posting a photo of a northern pike. The argument, which centered on whether Bernstein killed the fish or released it, escalated until Bernstein threatened to publicly reveal the user's address and phone number and added, 'Want your kids involved?' Bernstein had been at the station for 30 years and had more than one public misstep in that time. Rahimi joins a short list of female sports radio hosts in Chicago, with Peggy Kusinski, Dionne Miller and Courtney Cronin (national ESPN Radio) all hosting part time on WMVP-AM 1000. 'The support The Score listeners have shown over the years has meant the world to me,' Rahimi said in a statement. 'And I'm looking forward to spending more time with them every day from 10 to 2 o'clock.'
