Following reports in the local media about the United States based electric car maker Tesla holding talks with at least three auto parts suppliers of India to decide on sourcing critical parts for its cars for an anticipated entry of… Read More ›
Day: August 30, 2021
Economists Fear A Slowdown In Australian Q2 Economy Even Before The Delta Hit
Australian economy is likely set to fall into a vicious contraction in the third quarter as the economy was likely already slowing down prior to the imposition of wide scale coronavirus restrictions which closed down business and jobs. If the… Read More ›
Singapore-based Shopee emerges as game changer in Brazil’s e-commerce market
Singapore-based Sea Ltd’s took just two years to become Brazil’s most-downloaded shopping app, winning users to its low-cost marketplace with its game-changing approach to e-commerce which uses in-app mini-games that offer coupons to winning users. Sea has combined online shopping with… Read More ›
UK Germany, Netherlands agree on common G7 approach on Taliban
In a statement British Prime Minister Boris Johnson’s office said, Prime Minister Boris Johnson and German Chancellor Angela Merkel have discussed the situation in Afghanistan and agreed on the need for a common approach by the G7 as well as… Read More ›
India’s FDI inflows up by 90% for first quarter 2021-2022
In a statement the Indian government said, it has attracted foreign direct investment (FDI) to the tune of $22.53 billion during the first three months of the fiscal year starting from April 1; this is 90% higher than the April-June… Read More ›
Lufthansa boosts flight to woo business travelers
An executive member of Lufthansa has been quoted as saying, the airlines aims to win back business travelers by boosting the number of flights and improving in-flight catering. Currently, the German airline is carrying around 50% of the passengers it flew… Read More ›
Dubai state-owned property developer Limitless close to signing third debt restricting agreement
In a statement property developer Limitless said, it is close to signing an agreement with creditors over around $760 million of troubled debt, marking its third restructuring in a decade. Dubai state-owned Limitless along with Nakheel, was among the biggest… Read More ›
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