With countries, including France, India, UK and China pledging to phase out fossil fuel and combustion engined powered vehicles between 2030 and 2040, carmakers are increasingly focussing their future lineup to tap these big markets. At the Detroit auto show,… Read More ›
The update in the classification system is likely to impact investors who track index and ETFs. The MSCI and the S&P Dow Jones Indices have stated that they would overhaul their Telecommunication Services Sector and add Alphabet, Comcast Corp, Facebook… Read More ›
While FCA plans on boosting the output of its Mexican plant in 2018 & 2019, in 2020 having shifted the production of its Ram heavy duty pickup trucks, it plans on reconditioning the plant to produce a yet to be… Read More ›
Delta Air Lines Inc.’s shares went up by 3.5 per cent in premarket trading after the company announced that it would score even better performance in the present quarter driven by strong demand for seats compared to the better-than-expected profit… Read More ›
Following the news that there can be a possible ban on trading of cryptocurrencies in South Korea, there was a major fall in the value of all of the major virtual coins including bitcoin, ripple and etehreum on Thursday. According… Read More ›
The move has widespread geo-political and geo-economic implications, including for its neighbor North Korea which is increasingly banking on such currencies to flush its economy with cash. On Thursday, South Korea’s Justice Minister disclosed that it is preparing a law… Read More ›
A growth rate of more than 60 per cent in just over a week’s time was noted by the cryptocurrency ethereum as it hit an all-time high on Wednesday. According to CoinDesk, a website that tracks the prices of the… Read More ›
November was the seventh consecutive month when there was growth in the UK manufacturing output and the speed of growth is the fastest rate since early 2008. There was a growth of 3.9 percent in manufacturing output for November compared… Read More ›
Clamped down by U.S. led economic sanctions, Iran remains an untapped and politically volatile market. Iran and Italy are set to sign a framework for credit agreement worth 5.0 billion euros on Thursday which will facilitate investments by Italian companies… Read More ›
Although a formal deal is yet to be signed, Chinese President Xi Jinping has confirmed the placement of the order. On Wednesday, French President Emmanuel Macron disclosed that the purchase of 184 A320 narrow-body jets from Airbus by China is… Read More ›
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