Amazon plans on opening a new warehouse in Germany’s western city Moenchengladbach, by the end of this year. Amazon.com Inc, the world’s biggest online retailer stated, it plans on opening a new warehouse in Germany later this year. The move… Read More ›
Strategy
HIV Vaccine To Be Tested In US And Europe By J&J
An experimental vaccine to combat HIV is to be tested in the United States and Europe by the pharmaceutical giant Johnson & Johnson. According to a report published by CNBC, the company has confirmed that the tests are to be… Read More ›
Indonesia’s GO-Jek expands into financial services and food delivery in Thailand
Its expansion into providing financial services comes in the wake of a collaboration with Thailand’s biggest lender, Siam Commercial Bank Pcl. As per an executive from Indonesian ride-hailing app Go-Jek, the company will start offering more financial services and expand… Read More ›
China State Engineering Corp eyeing reconstruction market in Iraq and Syria
China State Engineering Corp is eyeing all kinds of contracts including, civil construction, road building, groundworks, oilfields pipeline work. An executive from China State Engineering Corp stated, it is eyeing more opportunities for oil projects in Iraq, Saudi Arabia and… Read More ›
Despite US Threats, New Tax On Tech Giants Passed By France
Despite retaliatory threats from the United States, a digital services tax has been approved by the French government. The US has been opposing the plan because it claims that the tax would unfairly target US tech companies. US based largest… Read More ›
Mexico Exports Record Vehicles Into US In H1 Of 2019
Most of the major auto companies of the world had got very concerned after the threat in early June of this year from United States president Donald Trump about imposing high tariffs on all products imported from Mexico over what… Read More ›
Ahead Of Indo-US Trade Talks, Trump Issues Tariff Threat To New Delhi
United States president Donald Trump has again warned India that the US does not like the tariff regime in the country even as trade talks between representatives of the two countries is set to start in New Delhi. “India has… Read More ›
American Airlines Group sees $185 million profit hit from ground Boeing 737 MAX jets
With fewer planes in service, the airlines saw its second-quarter unit revenue, increase between 3% and 4% percent in the quarter ended June. According to a statement from the No.1 U.S. airline, American Airlines Group Inc, its second-quarter profit will… Read More ›
Will defend Brexit’s Irish backstop: Ursula von der Leyen
The stance taken by Ursula von der Leyen, a nominee for the next president of the European Commission, is likely to increase the chances of a hard Brexit. Ursula von der Leyen, the nominee for the next president of the… Read More ›
Lockheed Martin’s Coatesville Sikorsky helicopter plant to remain open at Trump’s request
Lockheed Martin’s 465 employees at the plant will continue to have jobs. The lack of a specific plans however clouds their long term job prospects at the plant. Following U.S. President Donald Trump requesting Lockheed Martin Corp’s CEO to keep… Read More ›