Author Archives

• Taiwan’s Wistron Corp sets up second iPhone plant in India

  By admin1 on February 3, 2020 • ( 0 )

  

  In a development that marks Apple Inc’s push to expand its manufacturing in India – the world’s second biggest phone market, Taiwan’s Wistron Corp stated, it plans on assembling printed circuit boards (PCBs) for Apple’s iPhones at its new factories… Read More ›

• Toyota & Panasonic teams up to produce prismatic electric vehicle batteries

  By admin1 on February 3, 2020 • ( 0 )

  

  On Monday, in a joint statement, Toyota Motor Corp and Panasonic Corp stated, they have agreed to set up a joint venture which will specialize in producing prismatic electric vehicle batteries. Prismatic electric vehicle batteries developed by the joint venture… Read More ›

• Chinese tech companies continue to hum despite coronavirus pandemic

  By admin1 on February 3, 2020 • ( 0 )

  

  On Monday, Huawei Technologies Co Ltd stated, production at its consumer devices and carrier equipment divisions have resumed and are working normally. Huawei is among other Chinese tech companies who are continuing to keep their factories running despite the Chinese… Read More ›

• Economic impact of coronavirus grips Chinese market

  By admin1 on February 3, 2020 • ( 0 )

  

  On Monday, China’s commodity and stock markets fell steeply in the first trading session after an extended Lunar New Year break, with investors dumping risky assets in response to heightened fears over the outbreak of the coronavirus across China. The… Read More ›

• Sandeep Mathrani to head WeWork from February 18, 2020

  By admin1 on February 2, 2020 • ( 0 )

  

  In a statement WeWork said, it has named real estate industry veteran Sandeep Mathrani as its new chief executive. Mathrani is set to join WeWork as the CEO from February 18, 2020 and will report to Marcelo Claure, who will… Read More ›

• EssilorLuxottica’s $8 billion bid to acquire GrandVision faces full scare European Commission probe

  By admin1 on January 31, 2020 • ( 0 )

  

  On Friday, two sources familiar with the matter at hand have disclosed, EssilorLuxottica’s $8 billion (7.2 billion euro) bid to acquire Dutch GrandVision will face a full-scale EU antitrust investigation, following the latter declining to offer concessions during an initial… Read More ›

• Tesla extends profit run backed on record deliveries

  By admin1 on January 30, 2020 • ( 0 )

  

  Tesla has posted its second quarterly profit in a row following a record number of vehicle deliveries; it said it expects to deliver more than 500,000 units in 2020. With the news reaching the market on Wednesday, the electric carmaker’s… Read More ›

• Jaguar Land Rover’s CEO Ralf Speth to step down in September 2020

  By admin1 on January 30, 2020 • ( 0 )

  

  In a report, the Financial Times said citing sources, Ralf Speth, Jaguar Land Rover’s Chief Executive Officer is scheduled to step down later this year in September when his contract ends; he will continue to remain in the company at… Read More ›

• JPMorgan Chase & Co plans on cutting 1% of workforce from its consumer division

  By admin1 on January 29, 2020 • ( 0 )

  

  Bloomberg has reported citing sources briefed on the matter as saying, JPMorgan Chase & Co plans on cutting hundreds of jobs across its consumer division. Bloomberg’s report did not mention the exact number of jobs JPMorgan plans on cutting but… Read More ›

• Chinese tourists visiting Thailand to fall by 2M in 2020

  By admin1 on January 28, 2020 • ( 0 )

  

  On Tuesday, Thailand’s Tourism Authority stated, it expects tourists from China to fall in the range 2 million to 9 million due to the coronavirus outbreak in that country. Around 11 million Chinese tourists, Thailand’s biggest source of visitors, visited… Read More ›