In order to target for retaliation over Donald Trump’s plans to invoke national security concerns to limit steel imports, EU officials have begun assembling a list of US goods including whiskey, orange juice and dairy products. the tensions set off by… Read More ›
Strategy
Tesla Has 100 Day Deadline To Deliver After Winning Giant Battery Contract In Australia
In what experts say will be a litmus test for the reliability of large-scale renewable energy Tesla Inc has won an Australian contract to install the world’s biggest grid-scale battery. In order to build the gigantic lithium-ion battery that will… Read More ›
Initial Demands Void, Vow More Measures – Four Arab States Leading Qatar Boycott
Proof of Qatar’s links to terror groups is perpetuated by Doha’s refusal of their demands to resolve a Gulf diplomatic crisis, said the four Arab states leading the boycott against Qatar said late on Thursday. The countries said that they… Read More ›
UK’s retail sector sees biggest jump in sales in 6 six years
The British economy seems a little confused if not undecided: while some retailers have reported a surge in their quarterly revenues some have warned of weaker profit outlooks. As per the results of a survey disclosed on Friday, in June… Read More ›
Cyberattacks take a toll on Mondelez’s second quarter revenues
The Cadbury’s owner has yet to assess the total damage caused by the cyberattacks. Mondelez International Inc, the second biggest confectionery company in the world, has stated that its second-quarter revenue growth would shrink by 3% due to the recent… Read More ›
South Australia picks Tesla for grid-scale battery project
South Australia has shutdown polluting coal-based power plants and has instead embraced renewable energy sources. In a significant development, Tesla has been picked by South Australia to install a grid-scale battery which is to be paired with France’s Neoen wind… Read More ›
For The First Time, A Larger Quarterly Profit Than Apple Could Be Logged By Samsung
Samsung Electronics is likely to surpass that of Apple’s for the same quarter for the first time ever, as the company is set to record its highest ever quarterly operating profit, analysts said. The South Korean electronic giant will highlight what it… Read More ›
Tesla Given A Shock By Volvo’s Electric Shift
Tesla has been given a sudden shock by Volvo. The Sweden-based carmaker has said on Wednesday that it will shift to a variety of hybrid and all-electric models and it will stop producing new gasoline-only engines from 2019. But simply… Read More ›
Britain sets Brexit terms – wants frictionless trade
Does this amount to wanting to have the cake and eat it too? EU’s chief Brexit negotiator had earlier made it amply clear, once Britain leaves the bloc, frictionless trade is not possible. In the wake of the shock outcome… Read More ›
VW recalls 766,000 vehicles worldwide
The affected vehicle’s brake control systems will be updated. Volkswagen’s spokesman has disclosed the company will be recalling 766,000 vehicles of its core passenger car brand worldwide in order to update its brake control systems. As per the company,… Read More ›