As per two sources familiar with the matter at hand, Saudi Aramco does not plan to market its domestic initial public offering (IPO) in the United States. Earlier this month, in its IPO prospectus, Aramco had said the offering of… Read More ›
Creativity
Brexit casting huge shadow over Britain’s Dec. 12 elections
According to an opinion poll that was published on Saturday, British Prime Minister Boris Johnson’s Conservative Party is enjoying its highest levels of support since 2017. Johnson called for snap snap polls in Britain to end three years of disagreement… Read More ›
VISA facing FTC probe on debit card transactions
According to a statement from Visa Inc, the Federal Trade Commission (FTC) has initiated a probe into whether its actions prohibited merchants from using other debit payment networks. Earlier this week, Bloomberg Law had reported that the FTC was investigating… Read More ›
Airbus set to win large orders from Air Arabia
According to two sources familiar with the matter at hand, Airbus is likely to win an order for at least 100 jets from Air Arabia with an announcement likely to happen at the Dubai Airshow next week. The Emirati budget… Read More ›
Tesla’s European Gigafactory to be in accordance to EU rules: Dietmar Woidke
Following Elon Musk’s statement that electric vehicle pioneer Tesla will build its first European Gigafactory near the new Berlin airport, the premier of the Brandenburg state said, it would be in accordance with EU rules. “We’re operating within the framework… Read More ›
Tesla’s European Gigafactory will be built near new Berlin airport
While earlier this week, Tesla Inc’s Chief Executive Officer Elon Musk had disclosed that the electric carmaker will be building its new “Gigafactory 4,” in the “Berlin area” the electric carmaker has now revealed its new European Gigafactory, which is… Read More ›
A US Firm Is Replacing Plastic With Mushrooms As An Alternative
A New York-based biotech startup Ecovative claims to have found a solution to adequately replace plastic with a material that is found naturally in our surroundings. The company claims that mycelium, the root-like structure of a mushroom can be a… Read More ›
Ultra-long haul flights are key to Boeing’s growth
According to an executive from Boeing, the airplane maker has identified flights lasting 14 hours or more as a “key consideration” for its global growth strategy over the next 20 years. In recent weeks, these ultra-long haul flights have grabbed… Read More ›
Formula 1 Aims To Turn Carbon Neutral By 2030
Formula 1 has announced that the sport will become carbon neutral by 2030. The sport ultimately aims to completely eliminate all carbon emissions not only from the activity on the race tracks but also those emerging from its transporting its… Read More ›
Vodafone bumps earning guidance after organic growth in second quarter
Vodafone increased its 12-months earnings guidance, following improved organic growth in two of its most challenging markets such as Spain and Italy. The world’s second largest mobile operator reported an organic growth of 0.3% in its service revenue in the… Read More ›
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