Following Elon Musk’s statement that electric vehicle pioneer Tesla will build its first European Gigafactory near the new Berlin airport, the premier of the Brandenburg state said, it would be in accordance with EU rules. “We’re operating within the framework… Read More ›
While earlier this week, Tesla Inc’s Chief Executive Officer Elon Musk had disclosed that the electric carmaker will be building its new “Gigafactory 4,” in the “Berlin area” the electric carmaker has now revealed its new European Gigafactory, which is… Read More ›
According to an executive from Boeing, the airplane maker has identified flights lasting 14 hours or more as a “key consideration” for its global growth strategy over the next 20 years. In recent weeks, these ultra-long haul flights have grabbed… Read More ›
Vodafone increased its 12-months earnings guidance, following improved organic growth in two of its most challenging markets such as Spain and Italy. The world’s second largest mobile operator reported an organic growth of 0.3% in its service revenue in the… Read More ›
Bernard J. Tyson, chairman and chief executive officer of not-for-profit health insurer Kaiser Permanente, died in his sleep aged 60, said the company in a statement. Tyson, who rose to the top job since 2013, was the company’s first black… Read More ›
In a development that marks growing awareness towards climate change, on Monday, Qantas Airways Ltd pledged to slash its carbon emissions to net zero by 2050. Its pledge comes in the wake of IAG also doing the same. “We’re doing… Read More ›
Forbes China Rich List was topped by the founder of Alibaba Group – Jack Ma, fcor the second year in a row for 2019. There was a increase in the personal wealth in 2019 from $34.6 billion in 2018 to… Read More ›
On Saturday, French newspaper Le Monde stated, according to an estimate by EDF, a power utility, it would cost at least $51 billion (46 billion euros) to build six of its latest generation EPR nuclear reactors, if the French government… Read More ›
According to a statement from the Pentagon, Cardinal Health 200 LLC, a unit of Cardinal Health Inc, has been awarded a maximum $2.25 billion modification for a contract with the Defense Logistics Agency for ordering and distribution of medical surgical… Read More ›
In a statement Volkswagen’s CEO Herbert Diess disclosed production at Volkswagen’s and SAIC Motor Corp’s $2.5 billion new energy vehicle plant in Shanghai has commenced. He made these comments to reporters while taking a tour of the plant. In a… Read More ›
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