On Thursday, in a statement the Hungarian government stated, it plans on purchasing NASAMS air defense systems from Norway’s Kongsberg and from Raytheon, a U.S. company. The delivery for the same is scheduled for 2023.
Month: November 2020
South Korean unit of Kia Motor to hold partial strike on switch to EV production
On Thursday, Union workers at South Korea’s Kia Motors Corp stated, they will be launching a partial strike on November 24 over wages and worries on job security. The development comes even as Kia Motors plans on producing electric vehicles (EV)…. Read More ›
Sale Of New Diesel And Gasoline Cars To Be Stopped By UK In 2030
Cars running on only on fossil fuels will be banned by the United Kingdom in 2030 in a move that is aimed at phasing out polluting vehicles before any other major economy in the world while also supporting the recovery… Read More ›
Largest Ever Fall Predicted In Sale Of Global Luxury Goods For 2020, According To Bain Forecast
According to consultancy firm Bain, a fall of 23 per cent is set to be recorded in the sales of luxury goods worldwide to 217 billion euros ($258 billion) in the current year which be the largest such fall in… Read More ›
National Australia Bank temporarily closes branches over physical security threat
On Wednesday, in a statement the National Australia Bank said it was temporarily closing its branches to mitigate a “physical security threat” without providing any further details. National Australia Bank said, it was working with the police and will issue… Read More ›
Brian Brooks set to become comptroller of currency: White House
In a statement the White House said, U.S. President Donald Trump plans on nominating Brian Brooks as the county’s comptroller of the currency, a five-year term. Brooks is currently the acting comptroller. Previously he served as chief legal officer of… Read More ›
Unilever sets optimistic sales targets for dairy & meat alternatives
On Wednesday, in a statement Unilever stated, it expects sales of its plant-based dairy and meat products to touch 1 billion euros sales in the next 5 to 7 years. Unilever is seeing a growth in this sector thanks to rising sales… Read More ›
Beyond Meat launches plant-based minced pork in China
On Tuesday, Beyond Meat Inc launched a plant-based minced pork in China. The Los Angeles-based producer of plant-based alternative meat substitute is seeking to tap growing demand for its products in the lucrative Chinese market. In a statement Beyond Meat said,… Read More ›
NASA And Actor Tom Cruise Working On Shooting A Film At The International Space Station
The United States space agency NASA and actor Tom Cruise are working together to create a movie on the International Space Station, the head of NASA had confirmed. The news that Cruise will be launched into space and stay aboard… Read More ›
Japan Now Part Of The Economic ‘Zoom Boom’ Trend Of Growth
A growth of 5 per cent in the third quarter of this year had=s now pushed the Japanese economy out of recession. With the novel coronavirus pandemic induced lockdowns hit its manufacturing sector and consumer spending, the country witnessed a… Read More ›
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