The move is part of Nintendo’s strategy to diversify risk. On Tuesday, a spokeswoman for Japan’s Nintendo Co Ltd stated, the company plans on relocating a part of the production of its Switch gaming consoles to Vietnam from China. Currently,… Read More ›
This is a milestone for Richard Branson’s space tourism venture. According to a source familiar with the matter at hand, Virgin Galactic, Richard Branson’s space-tourism venture, plans to go public as part of a deal with a special-purpose acquisition company… Read More ›
The potential sale comes midst China flexing its muscles in the region, especially in the South China sea. In a significant development, despite facing stinging criticism from China, the U.S. State Department has approved the potential sale of M1A2T Abrams… Read More ›
The recent decision of Japan to put a cap on the exports to South Korea of high-tech materials used in smartphone displays and chips reflects how the third largest economy of the world dominates the global supply chain of such… Read More ›
The Indian government is now offering incentives for boosting demand for electric vehicles while also easing a number of regulatory restrictions in order to make the country a global hub for manufacturing of electric vehicles. The Indian government has announced… Read More ›
From 2020, shipping companies will have to comply to International Maritime Organization IMO 2020 rules which states that sulfur content in marine fuel must be 0.5%, down from 3.5%.The biggest polluters are dry bulk ships, which make up more than… Read More ›
The move is strategic in the sense, WeWork aims to boost its funding levels before it asks for funds from investors through its IPO. According to a source familiar with the matter at hand, in a move aimed at fueling… Read More ›
ECB policymaker Francois Villeroy de Galhau highlighted the ECB’s resolve to not be swayed by market wings. Economic data will be the determining factor for its next policy move. In an interview on Monday, ECB policymaker Francois Villeroy de Galhau… Read More ›
Boeing appears to be steadily losing market share over the 737 MAX fiasco. In a significant development, Saudi Arabia’s budget airline, Flyadeal stated, it has opted for a fleet of Airbus A320 jets rather than buy more Boeing 737 MAX… Read More ›
Ola will face competition from Uber and Daimler-backed Bolt in the London. In a significant development, London’s transport regulator has permitted Indian ride-hailing company Ola to launch its service in the city. Bengaluru-based, SoftBank-backed Ola stated it has got a… Read More ›
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