Although Britain’s negotiation strategy could revolve around its coveted financial centre, that however could fall flat and be a non-starter if large banks, which form the core of its financial services, were to relocate to other EU states in order… Read More ›
According to a feasibility study, if Hyperloop One were to connect Stockholm with Helsinki, the trip would take roughly 30 minutes. Using current transport systems you will have to take a ferry overnight through the Baltic. Hyperloop One’s founders have… Read More ›
Analysts expect the event to rack up $20 billion in sales this year, up from $14 billion last year. Chinese e-commerce giant, Alibaba Group Holding Ltd has made the stunning disclosure that it racked up more than $5 billion in… Read More ›
Trump’s win has a silver lining: If he were to follow through with his economic proposals vis-a-vis trade and immigration, they could fuel inflation and boost wages, something that the Federal Reserve has been struggling with for the last couple… Read More ›
The purchase will boost its automated manufacturing systems. Tesla Motors has disclosed in a blogpost that it is all set to acquire German based Grohmann Engineering, for an undisclosed amount. The acquisition will help it improve its automated manufacturing process…. Read More ›
The centre, set to be operational in early 2019, will include labs and test facilities as well as teams working on financial data analytics. Ford Motors Co has disclosed it will be investing $195 million (13 billion rupees) in business… Read More ›
Since divorcing the EU is likely to significantly dent its business potential, Theresa May has started a whirlwind tour to offset this loss, explore further business opportunities and kickstart the stalling British economy. Sky News has reported that Theresa May’s… Read More ›
This is a new find, as per Bild am Sonntag. Audi is the prime contributor to the VW group’s earnings. VW is currently holding talks with U.S. regulators on a proposed fix for its cars. German news daily, Bild am… Read More ›
In a strategic change of gear, a Japanese business daily has stated, without citing any sources, Toyota will come out with pure EVs by 2020. This is 180-degree reversal of its earlier policy. According to Nikkei, a Japanese daily, in… Read More ›
VW has stated that the usage of its defeat device is in conformity with European law. However, as a gesture of public goodwill, it will refit the affected vehicles. It is to be seen how much of this posturing will… Read More ›
