A survey conducted by public relations firm Edelman just prior to the gathering of the politicians and business tycoons of the world in the Swiss ski resort of Davos has revealed that there is a loss of confidence in capitalism… Read More ›
Regulations & Legal
SARS-Like Coronavirus Outbreak Puts Chinese Travel Industry In A Spot
In the wake of a nationwide fears in China related to a new virus, cancellation fees for trips to the central Chinese city of Wuhan are being waivered by China’s biggest online travel agency, said reports. The 2020 Lunar New… Read More ›
Chinese strategy of wearing down opponent with prolonged negotiations not working, EU won’t meet China halfway in investment talks: EU Trade Chief
During a press conference held by business lobby group BusinessEurope, EU trade chief Phil Hogan made it amply clear that the European Union wants China to protect foreign investment and increase access to its investment market in 2020. The EU… Read More ›
US To Review Complaints Of Sudden Acceleration Of About 500,000 Tesla Cars
Following reports of sudden unintended acceleration in Tesla cars, authorities in the United States has decided to investigate and recall about 500,000 vehicles of the US based electric car maker. This was announced by the National Highway Traffic Safety Administration… Read More ›
New Software Issue In Boeing 737 Max Could Delay Return, Boeing Claims To Addresses The Issue
The return to commercial flight of the grounded 737 Max planes of Boeing could be delayed further because of a new software issue that was identified while undertaking a technical review of the proposed update to the 7373 Max planes… Read More ›
Chips And Electric Car Batteries Should Be Made In Europe, Says Angela Merkel
Member countries of the European Union need to enhance their technological abilities and aggressively push for development in the areas such as manufacturing of catteries for electric cars and in cloud computing – believes the German Chancellor Angela Merkel. in… Read More ›
Most Exposed to Climate Change Are Countries Reliant On Agriculture: McKinsey Report
Climate change is likely to have a greater impact on countries and regions that have lower per capita GDP levels as they are likely to be more exposed to it, claimed a new climate risk report from McKinsey Global Institute…. Read More ›
U.S., South Korea and Japan eyeing investments near South China Sea
South Korea, Japan and the United States are keen to invest in Indonesia’s Natuna Islands with Indonesian President Joko Widodo stepping up efforts to rebuff foreign claims over the resource-rich waters in the South China Sea. In a statement, Indonesia’s… Read More ›
British Electric Vehicle Startup To Receive $112 Million Investment From Hyundai And Kia
Investments of more than $110 million by Korean auto giants Hyundai and Kia has propelled the British electric vehicles making startup Arrival to become the most valuable startup of Britain. A spokesperson for the company said that Arrival was valued… Read More ›
The Most Important Things Not Covered In US-China Phase One Trade Deal
While the recently signed phase one trade agreement between the United States and China brought relief to businesses and markets, it was also marked by the fact that the easier aspects of the difficult trade relationship of the two countries… Read More ›