Automakers have warned that a rise in VAT rates for automobiles would significantly effect burgeoning car sales. According to the Russian branch of South Korean carmaker Hyundai Motor Co, the auto market in the country is likely to witness a… Read More ›
In order to maintain high-quality development, China will continue to deepen supply-side structural reform among other measures in 2019, said a statement after the Central Economic Work Conference that was held in Beijing from Wednesday to Friday. This meeting was… Read More ›
Two Chinese men have been indicted by the US justice department on charges of them hacking into the computer systems and networks of companies and government agencies in Western countries. It is being alleged that the duo are a part… Read More ›
After remaining suspended for nine months following the death of an individual in a deadly accident in Arizona, ride hailing company Uber Technologies Inc is resuming its trial on limited self-driving cars on public roads in Pittsburgh. It was just… Read More ›
The changing face of retailing business in the United Kingdom was drastically portrayed after it was revealed that the market value of one of the most well known names of UK retailing industry and the British high street, Debenhams –… Read More ›
Lockheed Martin Corp has been awarded a U.S. defense contract for upgrading 84 F-16 fighter aircraft to the V-configuration. In a statement to the press, the Pentagon said, Lockheed Martin Corp has been awarded a $997 million U.S. defense contract… Read More ›
There is hardly any free space left in American warehouses as traders and retailers are filling them up with Chinese products of all kinds – microwaves, vacuum cleaner filters, swimwear, furniture, said Amy Magnus, head of the National Customs Brokers… Read More ›
Sweden’s truck making firm AB Volvo is creating safety stock” with its British dealers and is contemplating alternatives to ship its vehicles to the UK to that there is minimum disruption for its products to reach the market as the… Read More ›
The WTO action by the EU, mirrors similar concerns raised by the United States. This is the second such action the European Commission has taken against China at the WTO. On Thursday, for the second time this year, the European… Read More ›
Earlier this month, European Union states have agreed to coordinate scrutiny of foreign investments in Europe, notably from China. In a significant development, Germany has agreed to adopt new business rules that lowers the threshold for screening for mergers and… Read More ›
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