Due to increasing risks from the country’s rapid build-up of credit, S&P Global Ratings downgraded China’s long-term sovereign credit rating by one notch on Thursday to A+ from AA-. “The downgrade reflects our assessment that a prolonged period of strong… Read More ›
The electric cars in the Norwegian island of Finnoey are exempt from the $6,000-a-year toll charges for the tunnel to the mainland and that is the reasons that this place has the highest density of electric cars in the world…. Read More ›
The move is likely to boost the sales of guns, but it is unlikely to have a significant impact on the overall revenues of U.S. gun makers, since exports sales account for only 10% of their total revenues. In efforts… Read More ›
Despite the development, there is a level of uncertainty caused by legal measures taken by Western Digital Corp, Toshiba’s joint venture partner in its chip business. On Thursday Japan’s embattled Toshiba Corp is expected to formalize the sale of its… Read More ›
The deal deepens Google’s investments in its Pixel line up. On Thursday, in a joint statement, Alphabet Inc’s Google and HTC, have said, the former will acquire a stake in HTC’s smartphone operations for $1.1 billion. As part of the… Read More ›
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