Daimler will cut at least 10,000 jobs worldwide over the next three years, said the carmaker in a statement. The move follows job cuts by carmakers in the industry as they deepen their commitments towards electric vehicles, while grappling with… Read More ›
A new research has concluded that if the United Kingdom plans to pay a “fair share” in the fight against global climate change, the country will have to pay £20bn by 2030 to the UN’s climate fund. The UK should… Read More ›
According to an announcement made recently by a German association, in 2018, more than 72 billion euros or 79.2 billion U.S. dollars was spent for research and development purposes by German companies. According to Stifterverband, which compiled the data on… Read More ›
On Friday, in a significant development, German Economy Minister Peter Altmaier said, it is critical that Germany sets up a new government body which will have the power to quickly decide whether it should take stakes in strategic domestic companies… Read More ›
On Thursday, Haruhiko Kuroda, the Governor of the Bank of Japan stated, central banks are facing new issues from climate-related risk which must be mitigated to maintaining financial stability. “Natural disasters, such as the strong typhoon that struck Japan in… Read More ›
In a significant development, U.S. President Donald Trump has signed into law a congressional legislation which backs the pro-democracy uprising in Hong Kong despite objections from China. The development midst Washington and Beijing trying to hammer out a deal to… Read More ›
All those accounts whose holders have not logged into their accounts for more than six months will be deleted by Twitter unless such account holders again log in before 11 December deadline. The culling will also include those account holders… Read More ›
ByteDance, the Chinese owner of the social media app TikTok, is trying to separate the app from its other Chinese businesses and operations as the app has come under pressure after an inquiry into the safety of the personal data… Read More ›
In a deal that values the owners of English soccer champions Manchester City at $4.8 billion, private equity firm Silver Lake has agreed to make a $500 million equity investment into the Premier League club. Silver Lake will have a… Read More ›
Michel Barnier, the European Union’s Brexit negotiator, has told EU lawmakers that he will make Britain’s new trade deal with the EU a priority after Brexit, said a report from the Financial Times citing sources briefed on a closed-door meeting…. Read More ›
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