Millions of dollars are being planned to be expended by Microsoft for refurbishing its present campus in the Seattle area even as its neighbor in the region and another American IT giant -Amazon.com is looking out for a second headquarters… Read More ›
Day: November 29, 2017
Thanksgiving Holiday Sees More Than Expected American Shoppers, All Sale Channels Exploited: Survey
The number of Americans who stepped out or stepped onto their mobile devices for shopping this holiday season – from Thanksgiving Day to Cyber Monday, topped the estimates by the National Retail Federation (NRF) and Prosper Insights and Analytics. Data… Read More ›
Rare Aggressive Tactic Used By The US To Launch Anti-Dumping Cases Against Chinese Aluminum Producers
For the first time in 20 years, anti-dumping duty and countervailing duty cases against China have been self-initiated by the U.S. Commerce department which has used its discretionary powers to do so. Imports worth $600 million of common alloy aluminum… Read More ›
Nestle deepens its investments in Cuba, lays foundation for $55 million coffee and biscuit factory
Being Nestle third joint venture, this new factory has the potential to double Nestle current turnover of $135 million in the near term. In a significant development, Nestle laid the foundation stone for a $55 million coffee and biscuits factory… Read More ›
General Motors enters elite sports car segment with the Corvette ZR1
With the ZR1 General Motors has high-end offerings from both ends of the car industry – high performance sports car at one end with self-driving cars at the other. The chief of General Motors Co’s global product development stated that… Read More ›
China-based Lynk & Co to piggybacking on Volvo to launch its brand of cars
The strategy to gain valuable experience from Volvo’s assembly line before launching its own production in its plant is likely to be a strategic decision taken by Lynk & Co and taps strategic resources – China’s financial clout, the strength… Read More ›