In a significant development Volkswagen AG said, it has asked the U.S. Supreme Court to reverse an Ohio court ruling which paved the way for the state to move ahead with a lawsuit over its diesel emissions scandal. Previously, VW had… Read More ›
Economy & Finance
China directs closure of American Chamber of Commerce in Chengdu without citing violation of specific Chinese law
Officials from the American Chamber of Commerce in China’s southwestern city of Chengdu said, Chinese authorities have instructed them to close the American Chamber of Commerce. Earlier this week, the chamber notified its members that, in accordance with Chinese laws… Read More ›
Last Stock Of Leaded Petrol Exhausted, Eliminating It From The World, Said The U.N.
According to a declaration by the United Nation’s Environment Programme (UNEP), the last remaining stocks of leaded petrol have been used by completely last month – eliminating the high pollution causing fossil fuel. This was achieved after the UNEP campaigning… Read More ›
Ryanair And Lufthansa Signal Strong Recovery Of European Airline Industry
A “very strong recovery” in the coming months in the airline industry is expected by Ryanair, the largest airline of Europe by passenger numbers, according to the company’s Group Chief Executive Michael O’Leary. Its target of flying more than 10.5… Read More ›
The Delta Variant And Supply Chain Issues Slow Down Growth In China In August
With China trying to tackle a surge in Covid-19 cases and grappled with the ongoing shipping crisis, the economy of the country slowed down in August. An official survey denoting manufacturing activity dropped to 50.1 in August compared to 50.4… Read More ›
Data To Evaluate Covid-19 Booster Shots For General Population Is Limited, Says CDC Scientist
There is limited data available that can be used for proper evaluation of the need for Covid-19 vaccine booster shots for the general population, said a CDC scientist. There is pressure on American health officials by President Joe Biden to… Read More ›
Reports Of Talks With Tesla Pushes Share Price Of Indian Auto Parts Makers
Following reports in the local media about the United States based electric car maker Tesla holding talks with at least three auto parts suppliers of India to decide on sourcing critical parts for its cars for an anticipated entry of… Read More ›
Economists Fear A Slowdown In Australian Q2 Economy Even Before The Delta Hit
Australian economy is likely set to fall into a vicious contraction in the third quarter as the economy was likely already slowing down prior to the imposition of wide scale coronavirus restrictions which closed down business and jobs. If the… Read More ›
Singapore-based Shopee emerges as game changer in Brazil’s e-commerce market
Singapore-based Sea Ltd’s took just two years to become Brazil’s most-downloaded shopping app, winning users to its low-cost marketplace with its game-changing approach to e-commerce which uses in-app mini-games that offer coupons to winning users. Sea has combined online shopping with… Read More ›
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