Even with the number of airplane crashes fell by more than 50 per cent in 2020, there was an increase in the number of people killed in large commercial airplane crashes to reach 299 globally, according to a report prepared… Read More ›
Strategy
New US Tariffs Target EU Cognac In Trade Row
Fresh import tariffs on some French and German goods will be imposed by the Unite3d States as a part of a running trade dispute with the European countries. Some specific non-sparkling wine, cognac and other grape brandies along with… Read More ›
Rob Leathern, FB’s chief of advertising integrity, leaves the company
Rob Leathern, Facebook Inc’s chief of advertising integrity, who handled the social media giant’s ad products around sensitive subjects including coronavirus misinformation and politics, has left the company, according to an internal memo. Earlier this month Leathern had said on… Read More ›
Tesla’s records stellar delivery targets, achieves major milestone
On Saturday, driven by a steady adoption of electric vehicles, Tesla Inc reported a better-than-expected 2020 vehicle deliveries and narrowly missed its CEO’s ambitious full-year delivery goal. The results come at a time when the global auto industry, like most… Read More ›
Positive cash flow expected by spring: CEO of Delta Air Lines
In a memo, Delta Air Lines CEO Ed Bastian said stated, he continues to expect the company to achieve a positive cash flow by the coming spring. In a note to employees, Bastian said Delta Air Lines will likely “experience… Read More ›
Scotland will be back soon, Europe: Scotland’s First Minister Nicola Sturgeon
With the united Kingdom completing its transition period out of the European Union, Scotland’s First Minister Nicola Sturgeon stated Scotland would soon be back in the bloc. “Scotland will be back soon, Europe,” tweeted Sturgeon on Twitter at 2300 GMT…. Read More ›
Chinese regulators intensify crackdown on Jack Ma’s companies
In a development that marks an intensification in the cracking down on Chinese billionaire Jack Ma’s financial technology empire, Chinese regulators are reviewing equity investments held by Ant Group Co Ltd in dozens of companies, said three sources with knowledge… Read More ›
Honda to stop selling autos in Russia from 2022
On Wednesday, the Russian subsidiary of Honda Motor Co said it would stop supplying new cars to official dealers in Russia in 2022. The move is part of the company’s efforts to restructure its operations. Honda has clarified that it… Read More ›
AstraZeneca-Oxford COVID-19 vaccine starts rolling out in UK
In a statement British Health Secretary Matt Hancock said, hundreds of thousands of doses of the AstraZeneca-Oxford COVID-19 vaccine will start rolling out in Britain after the COVID-19 vaccine candidate was approved by regulators. “We’ll get going on this,” said… Read More ›
State Department approves plans to sell precision bombs to Saudi Arabia worth $290 billion
In a statement the Pentagon said, the U.S. State Department has approved the potential sale of 3,000 precision guided munitions to Saudi Arabia in a deal valued at up to $290 billion. The incoming Bidden Administration has pledged to halt… Read More ›