In a development that underscores the growth of electric vehicles, New York Governor Andrew Cuomo announced an investment program that allocates $750 million to build charging stations and other electric-vehicle infrastructure, as part of New York’s state’s long term goal… Read More ›
In an interview on Friday, Kirill Dmitriev, the head of the Russian Direct Investment Fund stated, Russia expects to sign a deal with AstraZeneca wherein it will manufacture the COVID-19 vaccine being developed by the pharmaceuticals giant and Oxford University…. Read More ›
Despite a general global economic downturn brought about by the coronavirus induced lockdowns, Europe’s biggest automaker Volkswagen AG said, it expects a slight growth in China’s premium car segment this year. The comments were made by Volkswagen Group’s China chief,… Read More ›
Virgin Galactic Holdings Inc has named former Walt Disney Co executive Michael Colglazier as its new CEO. The news sent Virgin Galactic’s shares up by 4.3% in extended trade. Previously, Colglazier was the president and managing director at Disney Parks… Read More ›
In a significant development, U.S. manufacturing output in June surged to its peak in more than 74 years with motor vehicle production accelerating midst the reopening of businesses. However, the economic recovery is threatened by rising COVID-19 infections. The rise… Read More ›
French Finance Minister, Bruno Le Maire said, the French government plans on cutting taxes French companies have to pay in addition to normal corporate income tax by $22.8 billion (20 billion euros) over the next two years. “It will be… Read More ›
As a part of a settlement of a class action lawsuit that accused the iPhone maker Apple of slowing down older devices, the owners of some of the older models of iPhones will now be able to lay claim to… Read More ›
A new major study on global population has forecast that by the year 2100, the population of more than 20 countries will get reduced by at least 50 per cent. These countries include including Italy, Japan, Poland, Portugal, South Korea,… Read More ›
Hong Kong’s status as a global financial hub will have serious implications because of the rapidly deteriorating relationship between the United States and many other Western countries and China. The singing of a presidential executive order by the US president… Read More ›
The United States bade pharma company Moderna claimed that its vaccine against the Covid-19 disease have displayed “robust” immune response in all 45 patients in its early stage human trial. This was revealed in a newly released data that was… Read More ›
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