In recent months, there has been a tussle between the social media platform Twitter and the Indian government over the refusal of the company to bring down some specific accounts. And even during this period, there has been a sudden… Read More ›
Day: March 10, 2021
Slower Corporate Spending Slows Down Japan’s Economy In Fourth Quarter
A slower-than-initially-reported growth was reported for the Japanese economy for the October-December quarter as companies reduced expenditure on plant and equipment while also sharply cutting down on inventories as consumer demand was hit by the cxovid-19 pandemic. Even though exports… Read More ›
Stellantis NV pauses plan to launch Peugeot in US market
In a statement, Stellantis, the world’s fourth-largest carmaker said, it has shelved a plan to launch the Peugeot brand in the United States. Instead it will focus on high-margin Jeeps, RAM pickup trucks, Fiat Chrysler’s (FCA) other brands including Chrysler,… Read More ›
Guests arrive at Singapore’s world’s first travel bubble business hotel
In a significant development, Singapore has launched a travel “bubble” business hotel, in one of the world’s first such facilities, that enable executives to conduct face-to-face meetings without exposing themselves to potential coronavirus-induced COVID-19 infection. The bubble hotel has meeting… Read More ›
Rolls Royce pauses Bergen Engines sale to Russia’s TMH Group controlled company
In a statement British engine maker Rolls-Royce said, it had paused the planned sale of its Bergen Engines to a company controlled by Russia’s TMH Group after an intervention by Norway. Norway’s NSM security agency is assessing the $178 million… Read More ›
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