A driver loosing focus can be a recipe for a fatal accident when one is driving a car. According to the European Commission, up to 30 per cent of road crashes is caused because of driver distraction – the reasons… Read More ›
Regulations & Legal
China’s Efforts To Develop Its Own Tesla Amid A Slowing Economy And Phasing Out Of Subsidies
In recent years, venture capitalists have invested billions of dollars into companies and startups that are focused on development of electric vehicles as the industry itself is strongly supported by the Chinese government. While it is not yet clear what… Read More ›
US Airline Employees Demand More As Industry Set For A 10th Year Of Profits
There is a rising demand among airline employees in the United States – ranging from pilots to catering workers, for higher wages and better benefits, as the entire industry in the country is set to record the tenth consecutive year… Read More ›
Insurance Scandal To Result In Ouster Of Japan Post CEO And Heads Of Two Of Its Firms
Following the huge scandal in Japan over the issue of the illegitimate sales of insurance products by the Japan Post Holdings Co and its two subsidiaries, the CEO of the firm as well as the chiefs of its two subsidiary… Read More ›
Boeing’s Ousted CEO Could Get A $60 Million Exit Package: Reports
Dennis Muilenburg, the former CEO of Boeing who was removed from his post last week over the 737 Max grounding scandal will be leaving the company with a huge exit package even though the company itself will linger in the… Read More ›
Strongly opposes 2020 U.S. defense draft policy: China
On Thursday, in a statement China’s commerce ministry said, Beijing resolutely opposes the 2020 U.S. defense draft against Chinese firms and urges Washington to go beyond political leanings and create favorable conditions for Chinese companies. China is closely monitoring the… Read More ›
U.S. sanctions on Nord Stream 2 gas pipeline project will only delay project
As per a report from Russian daily Kommersant, Russian President Vladimir Putin stated, Russia has a “pipe-laying vessel” to complete the construction of the Nord Stream 2 gas pipeline which will supply gas to Germany, According to the report, Putin… Read More ›
UK Jobs And Investment Will Be Retained, Pledges Cobham’s US Acquirer
Amidst the growing criticism of the United Kingdom government to allow the take acquisition of UK based defence and aerospace company Cobham by a private equity firm of the United States at the dead of the night in a deal… Read More ›
Australia’s Cotton On starts investigating usage of forced prison labor by China’s Zhejiang Yunguang Printing
On Tuesday, Australian clothing retailer Cotton On Group stated, it is investigating a Chinese supplier over fears that it uses forced prison labor. The development comes in the wake of British supermarket operator Tesco PLC suspending ties with the same… Read More ›
U.S. SEC investigating BMW on its sales practices
On Monday, German automaker BMW AG stated it is being probed by the U.S. Securities and Exchange Commission. The development comes in the wake of a report of a probe related to the company’s sales practices. “We can confirm that… Read More ›
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