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 ›
Creativity
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 ›
UK Economic Growth At Slowest Annual Rate In Almost A Decade
The impact of uncertainty over Brexit weighed down on the economy of the United Kingdom in the third quarter as it grew at its slowest annual rate in almost a decade. According to data from the Office for National Statistics,… Read More ›
Bernard J. Tyson, chairman and CEO of health insurer Kaiser Permanente passes away at 60
Bernard J. Tyson, chairman and chief executive officer of not-for-profit health insurer Kaiser Permanente, died in his sleep aged 60, said the company in a statement. Tyson, who rose to the top job since 2013, was the company’s first black… Read More ›
Qantas Airways pledges to slash carbon emission to net 0 by 2050
In a development that marks growing awareness towards climate change, on Monday, Qantas Airways Ltd pledged to slash its carbon emissions to net zero by 2050. Its pledge comes in the wake of IAG also doing the same. “We’re doing… Read More ›
Cost overruns raises cost of 6 nuclear power plants in France to 46 billion euros
On Saturday, French newspaper Le Monde stated, according to an estimate by EDF, a power utility, it would cost at least $51 billion (46 billion euros) to build six of its latest generation EPR nuclear reactors, if the French government… Read More ›
Cardinal Health 200 LLC wins $2.25 billion defense contract
According to a statement from the Pentagon, Cardinal Health 200 LLC, a unit of Cardinal Health Inc, has been awarded a maximum $2.25 billion modification for a contract with the Defense Logistics Agency for ordering and distribution of medical surgical… Read More ›