Author Archives
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Volkswagen Is Planning Huge Expansion In Its Battery Making Capacity
With the aim of becoming the global leader in the electric vehicle segment, the German auto giant and the second largest car maker of the world Volkswagen has unveiled a massive expansion of battery production. By 2030, plans of building… Read More ›
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Huawei Looks At New Business To Boost Revenues Following US Sanctions
The Chinese telecommunications giant Huawei Technologies Co is looking to venture into less glamorous business alternatives which can eventually help the company to offset the fall in the revenues from its biggest revenue contributor – its smartphone business, after the… Read More ›
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US Still Top Arms Exporter As It Increased Market Share In 2016-2020
The sale of weapons for the period between 2016 and 2020 has been more or less stable compared to the previous five years globally, showed data from a Sweden-based research institute. A decline in arms sales from Russian and Chinese… Read More ›
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UK Exports To European Union Drops By 41% In January Due To Brexit
With British companies struggling with the new terms of trade following Brexit, the exports of the country collapsed in January. In the in its first month that it was completely outside the bloc, the United Kingdom reported a drop of… Read More ›
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Third Wave Of Covid-19 Hits Germany While Italy Planning Easter Lockdown
A third wave of the Covid-19 pandemic has already started in Germany, warned the head of Germany’s public health agency earlier this week. This warning came at a time when lockdown restrictions were being gradually relaxed across the country even… Read More ›
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Bitcoin’s Value Zooms Past $60,000 For First Time
The record breaking surge in its price is continuing with the crypto currency bitcoin as this virtual currency surged past the $60,000 mark for the first time. The recent surge in the value of bitcoin – which has risen by… Read More ›
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GM To Make Batteries In Joint Venture With Lithium Metal Battery Startup
United States based auto maker General Motors Co is targeting to boost its battery development capacity so that it can offer a higher single charge driving range for its electric cars in a smaller package and is set to start… Read More ›
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3.2 Million New Pets Bought By UK Households In Pandemic Lockdown
Since the Covid-19 pandemic began, 3.2 million households in the United Kingdom have picked up a pet, said data from the Pet Food Manufacturers’ Association. The association said that are now a total of 17 million pet-owning homes in the… Read More ›
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Ride Hailing Firm Grab In Talks For A Listing Via SPAC: Reports
Negotiations are currently on for the public listing of ride hailing company Grab Holdings Inc using a special purpose acquisition company, said reports quoting sources with knowledge of the matter. The listing could set the valuation of the company at… Read More ›
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Experts Say Microsoft’s Flaw Being Exploited By Ransom-Seeking Hackers
A recently disclosed flaw in Microsoft’s widely used mail server software is being targeted by hackers who seek ransom, claimed a researcher and added that there can be widespread digital disruption if there is a serious escalation of the hacking… Read More ›
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