OPEC has little choice but to stick with its plan to boost oil prices by cutting production, even though that plans seems to have fizzled. Since the Organization of Petroleum Exporting Countries first agreed production cuts in November, crude has surrendered… Read More ›
Tesla’s needs Grohmann Engineering’s expertise to ramp up its production to 500,000 cars by 2018. Tesla Inc has stated it is determined to resolve the outstanding disputes with the legacy customers of its Grohmann engineering unit. Issues had flared up after… Read More ›
This has the potential to be a game changer for the upcoming self-driving market. In what could potentially be a significant moment for the future of smart cars for the near future, Faurecia, a France-based car parts supplier, has signed… Read More ›
Pegged at $7 billion for 2017 and $10 billion for 2018, cost sharing subsidies are key to the survival of insurance companies. Without them, insurers say they will be forced to raise insurance premium rates by at least 20% next… Read More ›
With the intention to gain control of their entire email histories and spread itself to all of their contacts, an unusually sophisticated identity phishing campaign appeared to target Google’s roughly 1 billion Gmail users worldwide, Google has confirmed. Users were… Read More ›
Imagination Technologies is beginning a “dispute resolution procedure” with the U.S. technology giant after the two clashed earlier this year, said the key supplier of components for Apple products. Vital components in Apple products allowing high-quality images on its retina displays –… Read More ›
Although Musk’s bold moves have taken investor’s fancy, sceptics and investors alike are holding their breath as to whether Musk will be able to deliver his promise on the Model 3. Tesla Inc has reported a doubling of its profits… Read More ›
This significant move comes at a time when lawmakers are reviewing U.S. tax policies to bring back accumulated profits from overseas at lower tax rates. Apple’s Chief Executive Officer, Tim Cook has disclosed that Apple plans on creating… Read More ›
The biggest drivers of growth are likely to be cancer drugs and those that target hypertension and mental health. As per the findings of a report released by QuintilesIMS Holding, the market for prescription drugs is set to grow in… Read More ›
Samsung, the Korean electronics firm, has been granted permission to conduct tests on autonomous cars using the public roads on Hyundai vehicles. Bringing the key players from the battle for smartphone dominance to the brave new world of autonomous vehicles,… Read More ›
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