Sales data released by a trade organization in the European Union shows, nearly one in five vehicles sold in the bloc during the third quarter of this year was an electrified model underscoring the trend of soaring EV sales. In… Read More ›
Entrepreneurship
Tesla Inc updates prices of Model X, Model S Model Y and Model 3 cars
According to Tesla Inc’s website, the price of the Model X Long Range and variants of the Model S Long Range have gone up by $5,000. While the Model X Long Range has been priced at $104,990, the Model S… Read More ›
Saudi Arabia Targets To Achieve Net-Zero Emissions By 2060
The largest producer of oil, Saudi Arabia, has set a target to attain “net zero” greenhouse gas emissions by 2060 as the kingdom joined more than 100 countries around the world that are campaigning to address the issue of climate… Read More ›
G7 countries agree to Digital Trade Principles
In a significant development, the G7 has agreed on principles revolving around cross-border digital trade cross border flow of data. Britain described the development as a breakthrough which could free up hundreds of billions of dollars of international commerce. Trade… Read More ›
Japan’s economic security revolves around strategic autonomy and indispensability
On Saturday, a top party official from the Japanese government said, Tokyo’s economic security strategy will revolve around the two pillars of “strategic autonomy and indispensability”. The comments come at a time when Japan is facing an increasingly belligerent China…. Read More ›
British Foreign Minister to strengthen defense trade, tech and security with India
In a statement on Saturday, Britain’s Foreign Minister Liz Truss said, London is making stronger security and defence partnerships with India. Her statement comes at a time when she is on an official visit to the country. According to a… Read More ›
China’s BYD and CATL defer building dedicated factory for Apple citing political tensions
According to three sources familiar with the knowledge at hand, Apple Inc’s negotiations with China’s BYD and CATL over battery supplies for its planned electric vehicle have stalled after the Chinese company refused to set up teams and build U.S. plants… Read More ›
WTO members should support intellectual property waiver to ensure equitable access to vaccines: White House
The White House has called on all members of the World Trade Organization to support an intellectual property waiver for COVID-19 vaccines. “We … need every WTO member to step up as well and support an intellectual property waiver, and… Read More ›
US will defend Taiwan if attacked: US President Joe Biden
In a significant development, US President Joe Biden stated, the United States will defend Taiwan from any aggression and has a legal commitment to defend the island nation China claims as its own. In a statement the White House said,… Read More ›
Britain negotiating arms deal with Ukraine
The British government is negotiating an arms deal with Ukraine, in a move that could anger Russia. Britain plans on selling missiles and arms to Ukraine, in what would be a first such deal ever. The potential arms sale will… Read More ›