Using artificial intelligence to optimise signal lights, it has been possible for Alphabet Inc’s Google to bring down the rate of fuel consumption as well as traffic delays by 10 per cent to 20 per cent at four locations in… Read More ›
Day: October 6, 2021
Reserve Bank of New Zealand hikes interest rates
On Wednesday, New Zealand’s central bank said, it has hiked interest rates for the first time in seven years while signalling further tightening in the coming days in an effort to cool inflationary pressures. The 25 basis point rate hike… Read More ›
GM opens battery cell development center in Michigan, aims to hammer down cost of batteries by 60%
In a statement General Motors Co said, it will open a battery cell development center in Michigan in an effort to bring down the cost of lithium ion and solid state batteries and boost the driving range of electric vehicles. The… Read More ›
Unless governments harmonize disjointed border rules aviation industry could slip into recession: IATA
In a significant development, following the wrapping up of the first meeting of global airlines, the International Air Transport Association (IATA), said confusion over air travel restrictions is holding back the sector’s fragile recovery from the Coronavirus-induced COVID-19 pandemic which… Read More ›
USTR to revive tariff exclusion on Chinese imports, seeks public comments
In a statement the U.S. Trade Representative’s office said, it is seeking public comments on plans to revive a targeted tariff exclusion process on Chinese imports with the aim to reinstate previously extended exclusions on 549 import product categories. It… Read More ›
