With GE’s confirmation, analysts’ earlier report on the issue remains has been verified. 51 such turbines have been shipped. General Electric Co has confirmed that it has discovered an issue with a turbine blade at an electrical power plant in… Read More ›
According to a new analysis on global warming and climate change, for the global auto sector to play a vital role on the issue of global warming and keeping the rise in global temperature at the Paris agreement’s 1.5C goal,… Read More ›
The think tank – Organization for Economic Co-operation and Development (OECD) believes that expansion of global growth “may have peaked”. The think tank predicted that the global economy would achieve a growth rate of 3.7 per cent in both 2018… Read More ›
According to Aston’s Martin’s CEO, Andy Palmer, investor interest in the IPO is high. The IPO will mark the 1st time a British carmaker has tapped the primary market in decades. On Thursday, British luxury carmaker Aston Martin stated, it… Read More ›
The development will further weaken foreign investment in Iran. Bloomberg has reported, citing a U.S. official familiar with the matter at hand saying, Volkswagen AG will put an end to the bulk of its operations in Iran. The Trump administration… Read More ›
A potential rival of American electric car maker Tesla will see an investment of about $1 billion from Saudi Arabia. The company called Lucid is developing a new high-performance electric car. The company announced that the investment that it would… Read More ›
Australian airline Qantas wants to start a 20-hour flight between London and Sydney and will be placing orders for planes that would be capable of that sometime next year. The company was in advanced stages of negotiations with the plane… Read More ›
Investors concerns were largely driven by the potential involvement of U.S. authorities which led to the nose diving of Danske’s shares. On Wednesday, Thomas Borgen, Danske Bank’s CEO quit following a money laundering scandal which involved $234 billion (200 billion… Read More ›
Among the bidders, Coca-Cola, Nestle and Unilever. Given Nestle’s position, and its considerable market presence in the malt-drink sector in India, its synergies matches well for GSK’s Horlick’s brand. According to 4 sources familiar with the matter at hand, Coca-Cola,… Read More ›
Clearly not amused by Trump’s escalation of the trade war, China’s state-owned media tabloids have a positive stance that tries to exploit the trade war to Beijing’s advantage. It is to be seen whether China is willing to walk the… Read More ›
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