Dealing another blow to prime minister Shinzo Abe’s attempts to fight deflation and revive the world’s third-biggest economy, the consumer prices in Japan dropped for the fifth month in a row in July. The July figures marks the biggest annual… Read More ›
In a report released on Thursday, U.K. lawmakers alleged of “consciously failing” to stop their sites from being used to promote terrorism and recruit extremists on the part of social media firms including Facebook, Twitter and YouTube. Urging the technology giants… Read More ›
In the field of sustainable energy, start-ups that are brimming with bright ideas are increasingly gaining importance. And this would be boosted by a scheme which places selected small companies bursting with killer energy ideas in an 180-day long accelerator… Read More ›
There were more modern warehouses in Boston than in the whole of the world’s most populous country when U.S. private equity heavyweight Warburg Pincus started looking at China’s logistics sector in late 2009. But a parallel binge in investment in… Read More ›
According to Goldman Sachs, in the current fiscal year, the world’s fastest-growing major economy is set to accelerate. The investment bank said in a note that accelerating from 7.6 percent in the previous year, India’s economy is set to grow… Read More ›
Musk’s two cousin who are on SolarCity’s board have also acquired $17.5 million each of SolarCity’s $124 million bond offering. According to a filing made by Tesla Motors, Elon Musk, its CEO, is said to be purchased bonds worth $65… Read More ›
Samsung has stated it is boosting production to meet supply so as to reduce opportunity cost. South Korean electronics giant Samsung Electronics has disclosed that its newly launched Galaxy Note 7 is registering stronger than expected demand, causing global supply… Read More ›
Despite adopting the SUV platform, Lamborghini will continue to retain its sports car manufacturing brand. As its CEO says, it’s all about the emotion attached to the quality of the brand. Lamborghini Chief Executive, Stefano Domenicali, has disclosed that once… Read More ›
With VW cancelling a contract, its two suppliers CarTrim and ES Automobilguss had to suffer heavy losses running into tens of millions. They are wanting to be compensated for the same. If VW were to allow these losses to be… Read More ›
A surge in domestic demands and Iran’s appetite for German goods are likely to fuel further growth in Germany’s economy. After the removal of international sanctions against the Iran, Germany’s exports of equipment and machineries to the Islamic Republic has… Read More ›
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