Experts have warned that if global headwinds persistently continue to weigh on the economy, US and European-style monetary easing policies could be needed to be followed by the Reserve Bank of Australia in addition to it being forced to cut… Read More ›
Production was stopped for yesterday and today due to a shortage of car seat covers. It will resume its operations tomorrow. In a sign of further trouble brewing at Volkswagen, Volkswagen has suspended the production of cars at one of… Read More ›
VW has stated it will challenge the fine. In a further blow to embattled German auto manufacturer, Italy’s anti-trust agency has disclosed that it has fined Volkswagen 5 million euros ($5.54 million) for having misinformed car buyers about the results… Read More ›
New Mountain Capital LLC, the primary stake holder at JDA Software has earlier attempted to sell the company. There is no guarantee that these talks could result in a deal. According to sources familiar with the matter at hand, Honeywell… Read More ›
It is deplorable that technology has done little to help people in taking care for older relatives even as decades of medical breakthroughs have improved the quality and length of life. However, automating caregiver-family matches, post customer feedback, creating schedules… Read More ›
The list of places around the world which have seen impact on their travel and tourism industry is on the rise as is the places that touched by terrorism, violence, rising crime rates and health alerts. According to the World… Read More ›
The $15.3 billion settlement does not include the 85,000 vehicles that use its 3.0 litre engine for typically found in its VW, Porsche and Audi brands. The $15.3 billion settlement is likely to get significantly bigger. According to German weekly… Read More ›
Two American investors valued the company at 2.8 billion euros in its latest funding round, which took place last year. Europe’s biggest startup Delivery Hero, a German online food take away service, is likely to go public next year, according… Read More ›
The raid was in pursuance of Amazon Japan’s suspected pressure tactics for boosting its online sales. In what can be considered as an indicator of trouble brewing in Amazon Japan, Japanese business daily, Nikkei has reported that the country’s Fair… Read More ›
London is no longer the world’s most expensive city for companies to locate staff since there has been a slump in the sterling after Brexit, said luxury real estate firm Savills. The British pound is down by around 11 percent… Read More ›
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