Author Archives
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Volvo And Northvolt Are Teaming Up To Create A Gigafactory In Sweden, Led By A Former Tesla Executive
Volvo Cars and Northvolt announced the building of a new battery production factory in Gothenburg, Sweden, which is slated to start construction in 2023. The plant will, according to the firms, “have a potential yearly cell production capacity of up to 50-gigawatt hours.” According to… Read More ›
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Economists Expect Bank Of England To Impose Two Consecutive Rate Hikes, A First Since 2004
According to predictions of economists, the Bank of England will potentially raise interest rates twice this year which would be a first since 2004 for the central bank. The UK central bank is trying to lead the UK economy through… Read More ›
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With Rise In Transportation Costs, Competition For Cargo Planes Is Also Increasing
As the shipping supply problem deepened last summer, an Italian cargo plane was quickly filled with thousands of lipsticks. They had a tight timetable to get to the United States. Mehir Sethi, CEO, and founder of True + Luscious, a… Read More ›
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Boris Johnson Promises A Rewrite Of EU Legislation Will Promote Growth
Boris Johnson, the UK Prime Minister, has promised that a plan to change EU legislation that will be copied over after Brexit will encourage businesses to invest in the country. A “Brexit Freedoms Bill,” according to the prime minister, will… Read More ›
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Media Firms Should Gear Up As Investors Are No Longer Impressed With Streaming Video
Media and entertainment corporations have been dead intent on demonstrating to Wall Street that they have a strong streaming video plan to battle traditional pay-TV declines for the past two years. The theory was that taking more of a customer’s… Read More ›
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Musk Predicts Robots Will Be A Bigger Industry Than Tesla Cars
Elon Musk prefers to have a single focus at a time, and it appears that robots will be his focus this year. On a Tesla earnings call, he told investors that his fledgling robot ambitions had “the potential to be… Read More ›
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US Warns That A Russian Strike On Ukraine Would Be “Horrific”
A Russian invasion of Ukraine, according to US General Mark Milley, would be “horrific” and result in a large number of casualties. The build-up of 100,000 Russian troops along Ukraine’s border, according to Gen. Milley, is the highest since the… Read More ›
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Oil Reaches 7-Year High Because Of Political Risks And Supply Shortage
Oil prices rose to a more than seven-year high on Friday, marking their sixth consecutive weekly rise, as global instability heightened fears of energy supply constraints. On a weekly basis, the benchmark contracts posted their longest winning streak since October…. Read More ›
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Spying Concerns Prompt The US To Ban Chinese Telecom Giant China Unicom
The latest Chinese telecommunications behemoth to be barred from entering the United States due to “significant” national security and espionage worries is China Unicom. The Federal Communications Commission (FCC) announced that it had unanimously voted to terminate the company’s authorization… Read More ›
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China’s Realme Entering Europe’s High-End Smartphone Market, To Launch New Handsets
Realme’s CEO has said that the company will enter the European market of high-end smartphones next month with its most expensive gadget yet, as part of a plan to grow apart from its budget offerings and sell 50 per cent more smartphones globally this… Read More ›
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