With battery technology being central to electric cars, Germany is exploring ways to boost the industry by supporting and exempting it from certain energy levies. On Tuesday, Germany’s Economy Minister Peter Altmaier said, the government is willing to support battery… Read More ›
At list prices the order is worth $6.24 billion, although typically airplane makers give a hefty discount to push through sales. On Tuesday, Indonesia’s Lion Air Group disclosed it would be purchasing 50 Boeing 737 MAX 10 jets worth $6.24… Read More ›
The combined company will control more than a quarter of the world’s seed and pesticide market. With the U.S. Justice Department giving the green signal to Bayer AG’s bid to acquire Monsanto Co for $62.5 billion deal, with both companies… Read More ›
The error, ascribed to fat fingers, has led to a public outcry. Some employees were quick to sell the shares mistakenly issued to them. South Korean authorities are investigating the incident. On Tuesday, South Korea’s National Pension Service, the countries… Read More ›
Chinese President Xi Jinping’s speech wherein he has promised to open up China’s economy and cut import tariffs have eased investor concerns surrounding the growing trade conflict between the two of the world’s biggest economies. On Tuesday, with Chinese President… Read More ›
Products that are harmful for health of people and the environment are being slapped with new taxes by the United Kingdom as its government strives to alter the consumption behavior of consumers. Plastic bags, diesel cars and sugary soft drinks… Read More ›
Although the measures adopted by the FRC are strong, in comparison to penalties imposed by Britain’s Financial Conduct Authority they are still small. On Monday, in a significant development, the Financial Reporting Council (FRC) disclosed that it has accepted the… Read More ›
Christian Sewing has been a member of the bank’s management board since 2015; he was responsible for overseeing its private and commercial bank division, which includes the Postbank retail banking unit. In a significant development, Deutsche Bank, Germany’s biggest lender,… Read More ›
The acquisition will add AveXis top drug to its repertoire of drugs, which has a significant market in the U.S. for spinal muscular atrophy. On Monday, Switzerland-based healthcare giant Novartis announced its $8.7 billion deal to acquire AveXis; Novartis will… Read More ›
Things have changed dramatically in the Indian e-commerce industry since 2009 when the total volume of the market was less than $50 million and the modern supermarkets were still trying to become stable business models. While Amazon.com was still far… Read More ›
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