The Indian coal mining sector has now been opened up for private companies ending the monopoly of the state-owned coal company Coal India Limited. The Indian government approved of the method for auctioning of coal mines and coal blocks and… Read More ›
Month: February 2018
German prosecutors from Munich houses of 3 suspects in Audi emission scandal case
The prosecutors said the current top management of Audi are not seen as suspects in the case. On Thursday, German prosecutors stated they were in the process of searching the homes of 3 new suspects connected with Audi’s emissions scandal…. Read More ›
Federal administrative court in Leipzig to decide on 15 million diesel vehicles in Germany
Environmental groups say particulate matters in diesel emissions in the majority of German cities exceed the EU threshold. On Thursday, Germany’s highest administrative court in Leipzig is set to decide on the fate of the 15 million diesel vehicles that… Read More ›
General Electric eyes $4 billion asset sales, clarifies on issues surrounding capital allocation
Here’s what the CFO of General Electric had to say on how the conglomerate will raise funds, issues surrounding its stake in Baker Hughes, capital allocation at GE, and the turn around of GE Power. While speaking at an event… Read More ›
Bridgewater Associates’ Ray Dalio sees 70% chance of U.S. recession before 2020
Here are the views of billionaire investor Ray Dalio on the state of the U.S. economy and the market. Ray Dalio, the billionaire investor who founded Bridgewater Associates, the world’s largest hedge fund, opined that it is highly likely that… Read More ›
Jane’s Report By IHS Markit Says External Influence Visible In North Korean ICBM Design
A report from Jane’s by HIS Markit claims that the ballistic missile program of North Korea made use of external knowledge, technology or hardware. Markus Schiller and Nick Hansen, two very highly respected experts in relation to the ballistic missile… Read More ›
Japan Automakers Likely To End High Discount Strategy In U.S. Due To Slow Growth There
Japanese automakers are being forced to think of other methods apart from discounts for generating market share growth due to a second consecutive year of slow growth in the auto market in the U.S. The Japanese companies are reportedly getting… Read More ›
New Software Technology To Prevent Criminal Use Of Drones Being Tested By Vodafone
A technology is being tested by Vodafone that would be enable authorities to conduct tracking and controlling of drones so that they are able to prevent aircraft accidents from happening and prevent terrorist attacks on them and prevent incursions into… Read More ›
Late 2030s Could See A Peak In Global Demand For Oil: BP
The rise of electric cars and electric powered trucks would primarily be the reason that the global demand for crude would most probably hit a “plateau” in the later part of 2030s. This was predicted by BP in its annual… Read More ›
‘Failed’ Blockade By Other Arab Nations Criticized By Qatar Air, Wants Trump To Intervene
The chief executive of Qatar Airways has claimed that the Saudi-led blockade and ostracization of his country had “failed in every aspect.”. This criticism of the measures against Qatar by the four other Arab states was done by the executive… Read More ›