On Thursday, in a statement Nokia named Nishant Batra as its chief strategy and technology officer. Batra will also be joining the company’s leadership team from January 18. Batra is currently the CTO at Veoneer, an auto technology group, and… Read More ›
Creativity
Washington hopeful of mini-trade deal with London: USTR
In a statement, U.S. Trade Representative Robert Lighthizer told the BBC that Washington is aiming to seal a mini-trade deal with the U.K. which will see a reduction of trade tariffs. Hopefully, punitive tariffs on Scottish whisky could be lowered… Read More ›
SMIC’s joint-CEO resigns marking setback for company’s future technology progress
On Wednesday, China’s SMIC, the country’s biggest chipmaker said, it is aware that Mong-song Liang, intends to resign from the board. His role in the company was that of co-chief executive. SMIC is working to verify Liang’s plans to leave… Read More ›
BP takes majority stake in largest U.S. carbon offset developer
On Wednesday, in a statement oil major BP said, it has acquired a majority stake in Finite Carbon, the largest U.S. carbon offset developer as part of its climate goals; the move will also create a new revenue stream for… Read More ›
Travel bubble will separate travelers as Singapore open business to all countries from second half of January
On Tuesday, the government of Singapore said, it will open a new segregated travel lane for a limited number of officials, businesses, and high economic value travelers from all countries. The move is part of efforts to revive its key… Read More ›
China’s Contemporary Amperex Technology to invest $5 billion in lithium battery plant: Indonesia’s deputy minister
On Tuesday, in a statement Indonesia’s deputy minister at the coordinating ministry of maritime and investment affairs said, China’s Contemporary Amperex Technology (CATL) plans on investing $5 billion in a lithium battery plant in the country. The plant is scheduled… Read More ›
Britain’s JD Sports acquires U.S. based Shoe Palace for $325 million
On Tuesday, British sportswear retailer JD Sports said, it had acquired shoe retailer Shoe Palace for $325 million. The acquisition of Britain’s biggest sportswear retailer marks of U.S.-based Shoe Palace marks its intention of expanding its footprint in the U.S. market…. Read More ›
Hyundai Motor nominates Jaehoon Chang as Co-CEO and president
On Tuesday, in a statement, Hyundai Motor said, it has nominated Jaehoon Chang, the global head of its premium Genesis brand, as the joint CEO and president of the company. It went on to add, the existing co-CEO and president,… Read More ›
TikTok Rival Dubsmash To Be Purchased By Reddit
The social network company Reddit is set to become the latest company to slowly move into the social media space that is has been dominated by the China owned short video sharing app TikTok as the former announced its decision… Read More ›
Canada to commence inoculation of of Pfizer-BioNTech’s COVID-19 vaccine today
The first batch of COVID-19 vaccines has arrived in Canada said Canadian Prime Minister Justin Trudeau. Canadians are likely to roll up their sleeves to take a shot as early as later today. “The first batch of doses of Pfizer-BioNTech’s… Read More ›