As European buyers turn away from fuel-efficient diesel cars, and in a race to meet tighter emissions rules, Mercedes-Benz is accelerating its rollout of battery-powered autos. Three years earlier than a target announced at the Paris auto show in September, the world’s… Read More ›
Strategy
Warnings Of Brexit Impact Issued By European And Japanese Business Groups
Signalling their growing concern as the UK prepares to start the formal process of leaving the EU, overseas companies that invest in the UK issued a flurry of warnings on Tuesday about the threat Brexit poses to their businesses. A post-Brexit settlement… Read More ›
This deal is pregnant with potential for General Motors
One unit of General Motors has reached a deal with Terminal Puerto Rosario, a port operator, to import cars from Argentina. Its long term strategy is to capitalize on the accord to export cars from its nearby facilities.
Pentagon likely to award Lockheed Martin helicopter manufacturing contract worth $27 billion
The production of the CH-53K King Stallion helicopters will be carried out by Sikorsky, the company it acquired from United Technologies Corp. This is a major milestone for the company. An official from the U.S. Department of Defence has stated,… Read More ›
Britain to hand over Brexit letter today to EU’s council President Donald Tusk
Britain is set to trigger Brexit proceedings later today. Britain has formally begun the process of negotiating Britain’s exit from the European Union with British Prime Minister Theresa May handing over a signed letter to European Council President Donald Tusk… Read More ›
European Equities Will Gain By A Le Pen Loss: JP Morgan
Investment bank JPMorgan said in a note on Monday that a “significant” surge of inflows into European stocks would be spurred if far right French presidential candidate Marine Le Pen loses the election. But how significant is that spur? At… Read More ›
Didi Chuxing ploughs in $6 billion into its ride-hailing business
Although Didi has got big names backing it, in China, Didi it is increasingly facing regulatory issues. Bloomberg has reported citing people familiar with the matter at hand, Didi Chuxing, a Chinese ride-hailing firm, is weighing its options to invest $6… Read More ›
Elon Musk’s Neuralink could interface your brain to a computer
Registered as a medical research company, Neuralink is currently hiring academics who are experts in this field. The Wall Street Journal has reported citing sources familiar with the matter at hand, that Elon Musk, Tesla’s and SpaceX’s co-founder has launched… Read More ›
Qatar could play a supporting role for Britain after Brexit
Qatar along with other gulf states is aiming to enter into a free-trade agreement with Britain. Just a day before British Prime Minister Theresa May triggers Brexit negotiations with the EU, Qatar has pledged $6.3 billion (5 billion pounds) for… Read More ›
American Airlines In Talks For A Tie-Up With China Southern
Boosting routes between the world’s two largest travel markets and possibly involving the U.S. carrier taking a stake in the state-owned airline, China Southern Airlines is in talks over a tie-up with American Airlines. Aafter Delta Air Lines Inc bought… Read More ›