Japan’s Honda Motor Co is hopeful that its all-new model – that of its latest Civic hatchback designs, will turn out to become the foundation for the company to develop and build cars more efficiently. The Civic hatchback designs were… Read More ›
Strategy
China Evergrande to repay $1.75 billion on Monday
In a statement China’s most indebted property developer said, it had arranged $1.75 billion (HK$13.6 billion) to repay bonds which will mature on Monday; it also aims to repay interest on all other dollar bonds. On Thursday, the company said,… Read More ›
EU aims for summit with Russia, exit negative spiral in relations
On Thursday, leaders from the European Union said, they are weighing options which include seeking a summit with Russian President Vladimir Putin as part of a strategy to manage relations with Moscow and exit the current “negative spiral”. On Wednesday,… Read More ›
NFL exploring strategic options for media assets
In a statement, the National Football League (NFL) said, it was exploring strategic options for its media assets including partnerships with “interested parties”. The development comes in the wake of signing long-term deals with tech firms and bigger media companies…. Read More ›
US bans import of key solar panel material from Chinese companies
In a significant development, the Biden Administration has banned U.S. imports of a key solar panel material from China’s Hoshine Silicon Industry Co over forced labor allegations, said two sources. In a separate move, the U.S. Commerce Department has also restricted… Read More ›
A Third Of Mainstream Investment Firms Believe Crypto Is ‘Rat Poison’, Shows JPMorgan Survey
A survey conducted by JPMorgan found that only 10 per cent of the institutional investment firms who participated in the survey trade in cryptocurrencies and almost half them have described this emerging digital asset class as “rat poison” or have… Read More ›
Apple Daily, Pro-Democracy Newspaper Of Hong Kong, To Shut Down Under Government Pressure
Within hours of the Hong Kong police arresting another of its employee for allegedly breaching the controversial national security law, the embattled Hong Kong based pro-democracy newspaper Apple Daily said that it will stop all its operations starting on Wednesday… Read More ›
Tesla opens first charging station in Lhasa city, China
On Wednesday, in a statement Tesla Inc said, it has opened its first charging station in China which is equipped with its own solar panels as well as its own energy storage facilities. In a Weibo post, Tesla said, the charging… Read More ›
Japan to tighten regulations on foreign ownership of domestic firms
On Wednesday, a report from Japan’s Yomiuri newspaper stated, the government is weighing options which include tightening regulation on foreign funds which have stakes in domestic firms in important technology sectors such as defense and the nuclear industry. With the… Read More ›
UNESCO Recommends Putting Great Barrier Reef On The ‘In Danger’ List
According to a recommendation from officials of the United Nations, it is imperative that the Great Barrier Reef needs to put on to a list of world heritage sites that are classified as to be “in danger”, while also prodding… Read More ›