According to the results of a survey by KPMG, most major global companies have cut back on their earlier plans to reduce their use of office space following the coronavirus-induced COVID019 pandemic, despite few businesses expecting to return to normal… Read More ›
In a significant development that potentially sees global carmakers increasing their footprints in India’s huge car market, New Delhi plans on offering fresh incentives to companies making electric vehicles (EVs) as part of a policy push in the auto sector… Read More ›
According to sources familiar with the matter at hand, office sharing startup WeWork lost $3.2 billion in 2020; this was disclosed during a presentation shown to prospective investors as part of a pitch for $1 billion in investment and a… Read More ›
In a statement the President of the Richmond Federal Reserve said, the U.S. economy may be “on the brink of completing the recovery” from the recession that was triggered by the coronavirus-induced COVID-19 pandemic. “Vaccines are rolling out, and case… Read More ›
On Monday, in a statement Australian Rail Track Corp said, Hunter Valley coal rail lines have been shut down because of the massive flooding in the state of New South Wales which have halted deliveries into the port of Newcastle…. Read More ›
Wei Jianjun, the chairman of China’s Great Wall Motor said, the company plans on launching a new standalone brand for its off-road vehicles, as it seeks to pursue new segments in its home market. Great Wall, China’s top pick-up truck… Read More ›
Financial disclosures made by the White House shows, high ranking officials from the Biden administration had previously undisclosed ties to large corporations including tech giants Facebook Inc, Google Inc and Microsoft Corp. According to filings made with the Office of… Read More ›
In a statement British Airways said, it is weighing options which includes a sale of its headquarters building, since the coronavirus-induced pandemic has created a switch to working from home, as a result of which British Airways feels it may… Read More ›
A trial run by the International Air Transport Association of using a travel pass – which is an app that will contain ample proof that a traveller has had a negative novel coronavirus test result as well as their vaccination… Read More ›
In a statement Coherent Inc said, Lumentum Holdings Inc has raised its offer for the company to $6.9 billion in a three-way takeover battle for the laser firm. Under the terms of the new bid, Coherent shareholders will receive $220… Read More ›
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