Author Archives
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Protesting Canadian truckers increase cost for Canada to change its COVID-19 mandate
In a statement Toyota Motor Corp said, production at its auto plants in Ontario has come to a grinding halt following truckers protesting Canada’s COVID-19 mandates which has caused a shortage of parts. “Due to a number of supply chain, severe… Read More ›
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2 manufacturing facilities contaminated leading to 6.5 exabytes in flash storage availability: Western Digital
In a statement Western Digital Corp said certain materials at two of its manufacturing facilities in Japan, that are operated by its joint-venture partner Kioxia Holdings Corp, have become contaminated leading to a reduction in the availability of flash storage devices…. Read More ›
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Siemens to sell its mail and parcel business to Koerber for $1.31 billion
In a statement German engineering company Siemens said, it has agreed to sell the mail and parcels business of Siemens Logistics business to German technology group Koerber for a price of $1.31 billion (1.15 billion euros). The deal is expected to… Read More ›
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VW must understand the Chinse car market better to increase market share: works council chief Daniela Cavallo
With German automaker Volkswagen missing its electric vehicles sales target in China in 2021, the carmaker’s works council chief Daniela Cavallo has called on the company to get a deeper understanding of the Chinese car market in order to increase… Read More ›
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Libyan Prime Minister Abdulhamid al-Dbeibah survives assassination attempt
On Thursday there was an attempt to assassinate Libyan Prime Minister Abdulhamid al-Dbeibah with assailants spraying his car with bullets. As per a source close to the Prime Minister, Dbeibah has escaped the attempt on his life. According to the… Read More ›
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Toyota Motor Corp cuts annual production target citing chip shortage and COVID-19 overheads
On Wednesday, Toyota Motor Corp cut back its annual production target by half a million vehicles following COVID-19 sick leaves and chip shortages crimping the company’s output. Toyota, the world’s biggest carmaker, will build 8.5 million vehicles this year ending March… Read More ›
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European Central Bank preparing banks for potential cyber attacks
According to two sources with knowledge of the matter at hand, the European Central Bank has begun preparing banks for a possible cyber-attack from Russian actors. The standoff between Russia and Ukraine has hit a nerve in Europe’s political and… Read More ›
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Protection of environment becomes part of Italian constitution
In a significant development, the Italian parliament has approved a law making protection of the environment part of its Constitution. Politicians and activists have hailed the bill as a significant victory for the country’s future. The new law states the… Read More ›
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No need to fan flames of Russian invasion of Ukraine, Macron calls for calm for all sides
In a statement French President Emmanuel Macron, the first leader of a major Western power to meet Russian President Vladimir Putin, said steps can be taken to de-escalate tensions surrounding Russia’s border with Ukraine, and called for calm from all… Read More ›
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DOJ charges Chinese company Hytera of stealing intellectual property of Motorola Solutions Inc
In a significant development, the U.S. Justice Department has charged Chinese telecommunications company Hytera of stealing mobile radio technology of an American company. The DOJ has charged Hytera of conspiring to steal US intellectual property of Motorola Solutions Inc. In a partially… Read More ›
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