Author Archives
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Volkswagen Brand Targets To Double EB Deliveries This Year
After having set a global strategy to accelerate its shift to make fully electric vehicles only in the new future, the second largest car maker of the world and German auto giant Volkswagen also expects to be able to double… Read More ›
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Japan Could Impose Temporary Higher Tariff To Curb Import Of US Beef
The volume of imports of beef from the United States into Japan for the fiscal year 2020 has exceeded the benchmark limit of 242,000 metric tons which has prompted the Japanese government to impose an emergency import tariff hike on… Read More ›
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Stripe Plans To Expand Aggressively In Europe Following $95bn Valuation
A major expansion spree is being planned by Stripe, the most valuable startup of the United States. The company has recently raised $600m from investors and plans to add 1,000 jobs in Ireland alone over the next five years. The… Read More ›
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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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