With German automaker Volkswagen missing its electric vehicles sales target in China in 2021, the carmaker’s works council chief Daniela Cavallo has called on the company to get a deeper understanding of the Chinese car market in order to increase… Read More ›
On Thursday there was an attempt to assassinate Libyan Prime Minister Abdulhamid al-Dbeibah with assailants spraying his car with bullets. As per a source close to the Prime Minister, Dbeibah has escaped the attempt on his life. According to the… Read More ›
With rising tensions related to the Ukraine crisis, the European Central Bank is preparing banks for a possible Russian-sponsored cyber attack, according to two people familiar with the situation, as the continent prepared for the financial consequences of any conflict…. Read More ›
On Wednesday, Toyota Motor Corp cut back its annual production target by half a million vehicles following COVID-19 sick leaves and chip shortages crimping the company’s output. Toyota, the world’s biggest carmaker, will build 8.5 million vehicles this year ending March… Read More ›
According to two sources with knowledge of the matter at hand, the European Central Bank has begun preparing banks for a possible cyber-attack from Russian actors. The standoff between Russia and Ukraine has hit a nerve in Europe’s political and… Read More ›
In a significant development, the Italian parliament has approved a law making protection of the environment part of its Constitution. Politicians and activists have hailed the bill as a significant victory for the country’s future. The new law states the… Read More ›
In a statement French President Emmanuel Macron, the first leader of a major Western power to meet Russian President Vladimir Putin, said steps can be taken to de-escalate tensions surrounding Russia’s border with Ukraine, and called for calm from all… Read More ›
BNP Paribas’ net profit for the fourth quarter of 2021 exceeded forecasts by analysts, thanks to strong activity in domestic markets, the lender said. For the quarter, the bank’s net income attributable to shareholders was 2.31 billion euros ($2.63 billion)…. Read More ›
The United States and Japan have come to an agreement to reduce tariffs imposed by Trump on the import of about 1.25 million metric tonnes of Japanese steel imports each year. Under the terms of the agreement, Japan promises to… Read More ›
In a significant development, the U.S. Justice Department has charged Chinese telecommunications company Hytera of stealing mobile radio technology of an American company. The DOJ has charged Hytera of conspiring to steal US intellectual property of Motorola Solutions Inc. In a partially… Read More ›
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