One unit of General Motors has reached a deal with Terminal Puerto Rosario, a port operator, to import cars from Argentina. Its long term strategy is to capitalize on the accord to export cars from its nearby facilities.
HR & Organization
Pentagon likely to award Lockheed Martin helicopter manufacturing contract worth $27 billion
The production of the CH-53K King Stallion helicopters will be carried out by Sikorsky, the company it acquired from United Technologies Corp. This is a major milestone for the company. An official from the U.S. Department of Defence has stated,… Read More ›
Britain to hand over Brexit letter today to EU’s council President Donald Tusk
Britain is set to trigger Brexit proceedings later today. Britain has formally begun the process of negotiating Britain’s exit from the European Union with British Prime Minister Theresa May handing over a signed letter to European Council President Donald Tusk… Read More ›
Didi Chuxing ploughs in $6 billion into its ride-hailing business
Although Didi has got big names backing it, in China, Didi it is increasingly facing regulatory issues. Bloomberg has reported citing people familiar with the matter at hand, Didi Chuxing, a Chinese ride-hailing firm, is weighing its options to invest $6… Read More ›
Elon Musk’s Neuralink could interface your brain to a computer
Registered as a medical research company, Neuralink is currently hiring academics who are experts in this field. The Wall Street Journal has reported citing sources familiar with the matter at hand, that Elon Musk, Tesla’s and SpaceX’s co-founder has launched… Read More ›
Qatar could play a supporting role for Britain after Brexit
Qatar along with other gulf states is aiming to enter into a free-trade agreement with Britain. Just a day before British Prime Minister Theresa May triggers Brexit negotiations with the EU, Qatar has pledged $6.3 billion (5 billion pounds) for… Read More ›
Qatar Investment Authority opens office in NY
The sovereign wealth fund is in the process of diversifying its portfolio into the US and Asia. As per the CEO of one of the Gulf’s most acquisitive sovereign wealth fund, the Qatar Investment Authority, the company is setting down… Read More ›
Uber discontinues the usage of self-driving cars in its fleet after accident
Uber is withdrawing from the driverless car project, pending the results of an investigation into the accident. Uber is playing it safe. With one of Uber’s autonomous vehicle crashing on a roadway in Arizona, the ride-hailing company has suspended its… Read More ›
British manufacturers to brunt of a hard Brexit
The British manufacturing industry along with its financial and banking sector is likely to bear the brunt of a hard Brexit strategy. Today, British manufacturers have told Prime Minister Theresa May, it would be prudent to drop the threat of… Read More ›
Pwc Study Says At Risk Of Being Replaced By Robots Are Millions Of UK Workers
As the automation of routine tasks gathers pace in a new machine age, more than 10 million UK workers are at high risk of being replaced by robots within 15 years, suggests a new report. Due to breakthroughs in artificial… Read More ›
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