The development is an outcome of the trade dispute between the United States and China. Incidentally, REC Silicon’s Montana plant will not be affected by this lay off. On Monday, Norway’s REC Silicon stated it would slash its workforce by… Read More ›
More parts of its huge economy and market would be further opened up to foreign investment, China has said. Restrictions in multiple sectors such as railways, shipping and power grids would be loosed or removed, announced the Chinese government late… Read More ›
The Electricity Authority of Israel has set a target of achieving at least 17 per cent of its electricity requirement from solar energy by 2030. The agency also has set a target of achieving 10 per cent of its total… Read More ›
Although the leaders of the world’s largest trading bloc did not specifically mention China and the United States, the writing on the wall is lucid. On Friday, leaders across the European Union pledged to act unanimously and firmly against protectionism… Read More ›
According to Gao Qi, a FX strategist at Scotiabank, the yuan is likely to find strong support at 6.70 yuan per dollar. On Friday, the Chinese yuan touched a new low and was on course to perform its worst ever… Read More ›
The legal patent infringement fight between Apple and Samsung that had dragged on for seven years have been just ended by the companies. Court documents filed on Wednesday by the companies show that the two companies have agreed to a… Read More ›
The important trends that are prompting smart home industry leaders trying out blockchain technology have been identified in a new report from Navigant Research. There is a growing concern about data security and protection because of a number of high-profile customer… Read More ›
Little known airline startup from Vietnam Bamboo Airlines will buy 20 Dreamliner commercial jets from aerospace giant Boeing. The company announced that the value for the deal would be up to $5.6 billion. a similar deal that is worth $3 billion… Read More ›
If the United States imposes the proposed 25 per cent import tariff on vehicles would lead to job losses amounting to hundreds of thousands in the auto sector in America, steeply increase vehicle prices and stunt investment in self-driving cars,… Read More ›
Custom arrangement costs because of Brexit would increase price of its vehicles, BMW has said, The making of cars such as the Mini would become costlier because of new border systems and warehousing, said Ian Robertson, BMW’s UK special representative…. Read More ›
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