Samsung Electronics is likely to surpass that of Apple’s for the same quarter for the first time ever, as the company is set to record its highest ever quarterly operating profit, analysts said. The South Korean electronic giant will highlight what it… Read More ›
Tesla has been given a sudden shock by Volvo. The Sweden-based carmaker has said on Wednesday that it will shift to a variety of hybrid and all-electric models and it will stop producing new gasoline-only engines from 2019. But simply… Read More ›
Does this amount to wanting to have the cake and eat it too? EU’s chief Brexit negotiator had earlier made it amply clear, once Britain leaves the bloc, frictionless trade is not possible. In the wake of the shock outcome… Read More ›
The affected vehicle’s brake control systems will be updated. Volkswagen’s spokesman has disclosed the company will be recalling 766,000 vehicles of its core passenger car brand worldwide in order to update its brake control systems. As per the company,… Read More ›
The political agreement, hammered out on the eve of the G20 meet, is dripping with symbolism. On Thursday, in a significant development, the European Union and Japan agreed to a free trade agreement in contrast to U.S. President Donald… Read More ›
Airbus is also discussing the possibility of selling a A380 superjumbo jet to China as part of a separate deal. On Wednesday Airbus stated it has signed an agreement to sell 140 aircrafts to China, in a deal worth nearly… Read More ›
Valued at $56 billion, the Great Barrier Reef, taken off UNESCO’s danger list with the Australian government continuing its love affair with the fossil fuel industry. UNESCO, the United Nations’ cultural body has voted to leave the Great Barrier Reef… Read More ›
In its latest funding round, led by the Alibaba Group, the company raised $700 million. On Thursday, Ofo, a Chinese bike-sharing start-up stated it has raised more than $700 million in its latest funding round, led by Alibaba Group and… Read More ›
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