The Cadbury’s owner has yet to assess the total damage caused by the cyberattacks. Mondelez International Inc, the second biggest confectionery company in the world, has stated that its second-quarter revenue growth would shrink by 3% due to the recent… Read More ›
South Australia has shutdown polluting coal-based power plants and has instead embraced renewable energy sources. In a significant development, Tesla has been picked by South Australia to install a grid-scale battery which is to be paired with France’s Neoen wind… Read More ›
Does this amount to wanting to have the cake and eat it too? EU’s chief Brexit negotiator had earlier made it amply clear, once Britain leaves the bloc, frictionless trade is not possible. In the wake of the shock outcome… Read More ›
The affected vehicle’s brake control systems will be updated. Volkswagen’s spokesman has disclosed the company will be recalling 766,000 vehicles of its core passenger car brand worldwide in order to update its brake control systems. As per the company,… Read More ›
The political agreement, hammered out on the eve of the G20 meet, is dripping with symbolism. On Thursday, in a significant development, the European Union and Japan agreed to a free trade agreement in contrast to U.S. President Donald… Read More ›
Airbus is also discussing the possibility of selling a A380 superjumbo jet to China as part of a separate deal. On Wednesday Airbus stated it has signed an agreement to sell 140 aircrafts to China, in a deal worth nearly… Read More ›
Valued at $56 billion, the Great Barrier Reef, taken off UNESCO’s danger list with the Australian government continuing its love affair with the fossil fuel industry. UNESCO, the United Nations’ cultural body has voted to leave the Great Barrier Reef… Read More ›
In its latest funding round, led by the Alibaba Group, the company raised $700 million. On Thursday, Ofo, a Chinese bike-sharing start-up stated it has raised more than $700 million in its latest funding round, led by Alibaba Group and… Read More ›
The insightful draft document strategically reveals EU’s stance in order to place negotiation goal posts so as to groom, prepare and speed up upcoming negotiations. As per a draft paper based on which Brexit negotiations will begin, the EU will… Read More ›
The uncertainty surrounding Britain, especially after the outcome of its June 8 snap elections, is taking a toll on the health of its economy. As per a board member for sales at BMW, the carmaker will take a decision as… Read More ›
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