Electric vehicles, light commercial vehicles and trucks as well as sourcing supplies locally are the key components of Nissan’s strategy in China, the world’s biggest auto market. On Monday, with the aim of placing itself within the top 3 automakers… Read More ›
Strategy
Fox Says Following Brexit, U.K. Should Not Be Part Of Europe Customs Union
A new red line was set for U.K> Prime Minister Theresa May and the negotiations with the European Union as well as within her own party by British Trade Secretary Liam Fox after he said after Britain leaves the EU,… Read More ›
Kenichiro Yoshida to become Sony’s CEO from April 1, 2018
Yoshida, was the brains behind many of Sony’s strategic decisions, including its decision to focus on image sensors and smartphones, which have won over investors. On Friday, Sony Corp stated Kenichiro Yoshida, its Chief Financial Officer, will replace Kazuo Hirai… Read More ›
John Hennessy replaces Eric Schmidt as Alphabet Inc’s Executive Chairman
In the last two years, a slew of new talent, including Sundar Pichai as Google’s CEO, Ruth Porat as its CFO, Susan Wojcicki as YouTube’s CEO, and Diane Greene as senior VP of Google’s enterprise business, have played a greater… Read More ›
U.S. Commodity Futures Trading Commission levies $70M on Deutsche Bank Securities Inc as penal
The $70 million penalty is for attempted manipulation of the USD ISDAFIX from January 2007 to May 2012. The U.S. Commodity Futures Trading Commission stated that it has ordered a filing and settling charges against Deutsche Bank Securities Inc, a… Read More ›
Ford Motor’s Chariot minibus service to expand to 6th U.S. city shortly
A traditional carmaker, Ford Motors is diversifying in the mobility services segment with changing consumer tastes of not wanting to own a vehicle. As per an executive from Ford Motors, the carmaker is set to launch its Chariot minibus services… Read More ›
Fujifilm To Cut 10,000 Jobs As It Takes Acquires Xerox Completely
More than 10.000 jobs at Xerox would be lost at its joint venture with Japan’s Fujifilm as the Japanese firm takes control of the photocopier company. The companies said that an agreement to merge operation of Xerox with that of… Read More ›
Amazon Enters Healthcare Sector Through A Joint Venture With Other U.S. Companies
E-retailer Amazon is getting into the healthcare sector through a joint venture. The new firm, aimed to reduce costs for their U.S. employees, will be promoted jointly by Amazon, JP Morgan and Berkshire Hathaway. The firms said that the independent… Read More ›
Australia To Be First International Venture For Indian Ride Hailing Firm Ola
In wheat would be the first international venture for Indian ride-sharing company Ola, the company is all slated to enter the Australian market. The company has plans to launch its services for t in the three large cities of the… Read More ›
Tractica Report Predicts Unit Sale Of Autonomous Trucks And Buses To Touch 188,000 Annually By 2022
The assumption that many industries are most likely to be disrupted by commercial, access to availability and adoption of self-driving vehicles is almost ensured because in recent years, autonomous vehicles have attracted am explosion of interest. And the trucking sector… Read More ›