In a statement the Mexican government said, “A consortium led by Bombardier Inc’s unit has won a bid for the rolling stock and rail systems for Mexico’s flagship Mayan Train infrastructure project”. The $1.84 billion (36.6 billion Mexican pesos) project… Read More ›
In a development aimed at further boosting the adoption of electric vehicles the U.S. Senate Finance Committee has advanced legislation aimed at boosting the tax credits for electric vehicles to as much as $12,500, as long as they are assembled… Read More ›
In a development that buttresses the previous U.S. Administration’s point of view, U.S. Trade Representative Katherine Tai stated, the United States faces “very large challenges” in its economic relationship with China; the challenge requires the Biden Administration’s full attention across… Read More ›
China was accused by Taiwan directly for the first time of blocking a deal of the island with Germany’s BioNTech SE for Covid-19 vaccines further escalating a war of words since Beijing offered the vaccine shots to the island through… Read More ›
Social media messaging app WhatsApp has filed a lawsuit against the Indian government in Delhi seeking court intervention to prevent implementation of regulations that came into force on Wednesday which, according to experts, would force the California-based Facebook unit to… Read More ›
The German economy is headed for a swift recovery from the Covid-19 pandemic this summer following a more than expected shrinking of the economy ion the first quarter. This optimistic picture of the German economy is based on better German… Read More ›
Expressing alarm over the nuclear program being carried out by the Iranian government, the chief of the International Atomic Energy Agency spelled out why he was so concerned in an interview with the Financial Times this week. The situation was… Read More ›
On Wednesday, in a statement cosmetics maker Coty Inc said, it has appointed Andrew Stanleick as its CEO. Stanleick will manage reality TV star Kim Kardashian West’s business for Coty, said the company, as it pushes into new newer beauty… Read More ›
A framework to strengthen and simply procedural norms between the European Union and Switzerland hangs in the balance as the Bern government meets to consider whether to break off talks over ratifying the draft treaty that was struck in 2018…. Read More ›
The Covid-19 pandemic is likely to accelerate the consolidation of the aircraft leasing industry, believes the head of major lessor SMBC Aviation Capital. The aircraft leasing industry has control of more than 40 per cent of the total global passenger… Read More ›
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