A new report from the United Nations Environment Programme and the International Energy Agency has urged that one of the major ways to reduce the emission of greenhouse gases and limiting climate change is to converting to energy-efficient cooling systems… Read More ›
Strategy
India Reaches Agreement For Air Corridors With US, France And Germany
Scheduled international flights into the country are being allowed by India for the first time since the outbreak of thee novel coronvirus pandemic in March. The establishment of “air bubbles” between India and the United States, France and Germany was… Read More ›
New York Governor Andrew Cuomo announces $750M investment program to expand electric vehicle infrastructure
In a development that underscores the growth of electric vehicles, New York Governor Andrew Cuomo announced an investment program that allocates $750 million to build charging stations and other electric-vehicle infrastructure, as part of New York’s state’s long term goal… Read More ›
Russia expects to produce AstraZeneca’s COVID-19 vaccine: Kirill Dmitriev
In an interview on Friday, Kirill Dmitriev, the head of the Russian Direct Investment Fund stated, Russia expects to sign a deal with AstraZeneca wherein it will manufacture the COVID-19 vaccine being developed by the pharmaceuticals giant and Oxford University…. Read More ›
Volkswagen sees marginal growth in China’s premium car segment in 2020
Despite a general global economic downturn brought about by the coronavirus induced lockdowns, Europe’s biggest automaker Volkswagen AG said, it expects a slight growth in China’s premium car segment this year. The comments were made by Volkswagen Group’s China chief,… Read More ›
Virgin Atlantic hires former Walt Disney Co executive Michael Colglazier as CEO
Virgin Galactic Holdings Inc has named former Walt Disney Co executive Michael Colglazier as its new CEO. The news sent Virgin Galactic’s shares up by 4.3% in extended trade. Previously, Colglazier was the president and managing director at Disney Parks… Read More ›
U.S. manufacturing surges to 74-year peak, threatened by wave of new COVID-19 cases
In a significant development, U.S. manufacturing output in June surged to its peak in more than 74 years with motor vehicle production accelerating midst the reopening of businesses. However, the economic recovery is threatened by rising COVID-19 infections. The rise… Read More ›
France aims to slash business taxes by $22.8 billion over two years: Bruno Le Maire
French Finance Minister, Bruno Le Maire said, the French government plans on cutting taxes French companies have to pay in addition to normal corporate income tax by $22.8 billion (20 billion euros) over the next two years. “It will be… Read More ›
Owners Of Older Models Of iPhones Can Now Submit Claims Over Slowing Down Charges
As a part of a settlement of a class action lawsuit that accused the iPhone maker Apple of slowing down older devices, the owners of some of the older models of iPhones will now be able to lay claim to… Read More ›
New Major Study Forecast 50% Drop In Population In More Than 20 Countries By 2100
A new major study on global population has forecast that by the year 2100, the population of more than 20 countries will get reduced by at least 50 per cent. These countries include including Italy, Japan, Poland, Portugal, South Korea,… Read More ›