The new administration in the United States is promoting wind power at the cost of solar through extended tax cuts. With the U.S. Congress extending generous tax credits for renewable energy projects, wind industry in the country is thriving. However,… Read More ›
Day: December 16, 2016
Airbus will lease NOT sell 7 aircrafts to Iran
Negating what was reported earlier, which based itself from quotes from Iran’s news agency, Airbus will lease 7 aircrafts to Iran’s flagship carrier. As per two sources from the aviation industry, Teheran’s Aseman Airlines has agreed to lease seven Airbus… Read More ›
General Motors to expand testing & production of self-driving cars
GM to build next generation self-driving cars in its factory in Michigan. In a strategic development that signals General Motor’s potential launch of new self-driving vehicles, the company’s CEO, Mary Barra has disclosed that the automaker will be expanding… Read More ›
EU set to gain clearing house business after Brexit
The relocation of the multi-billion-euro business to a city within the EU is likely to happen once Britain leaves the bloc. As per an official from the European Union, the bloc is considering legislative measures to relocate London’s euro-denominated clearing… Read More ›