The news was announced by Italian Prime Minister Matteo Renzi at a conference in the plant. Italian Prime Minister Matteo Renzi has disclosed that Fiat Chrysler Automobiles will be creating as many as 2,000 new jobs at its Alfa Romeo… Read More ›
Strategy
France-based Airbus test flights the world’s largest passenger aircraft
Airbus A350-1000 is scheduled to go into service in the second half of 2017. In a significant achievement, France-based Airbus’ largest passenger jet, the A350-1000, took to the skies for the first time. Made out of lightweight carbon-fiber, the A350-1000’s… Read More ›
EU-US agree on data sharing deal on security and terrorism
6 years in the making, the deal comes in the wake of mass surveillance by the U.S. in 2013. It now grants EU citizens the same rights as those enjoyed by American citizens. Lawmakers from the European Parliament has backed… Read More ›
Trump casts his shadow over the FCC
Donald Trump’s appointments to his tech policy transition team raise questions over the future of the FCC. With Republican President-elect Donald Trump naming two advisers to his tech policy transition team, there is widespread speculation as to what it would… Read More ›
Hackers gain access to data of 134,386 current and former sailors: U.S. Navy
An investigation by the U.S. Navy is in full swing. It wouldn’t be surprising if the findings of the investigation point a finger at the usual suspects. In a major security breach, hackers managed to gain sensitive information, including Social… Read More ›
China’s Ctrip acquires Scotland’s Skyscanner for $1.74 billion
Skyscanner is hugely popular among travelers and has an active customer base of 60 million users. Scotland-based travel search company Skyscanner Holdings Ltd has agreed to be bought over by China’s biggest online travel company, Ctrip.com International Ltd. Ctrip has… Read More ›
VW to focus on the lucrative SUV segment in the U.S.
In a tactical move aimed at garnering more market share, VW has decided to not just be a niche player but a “family-oriented SUV company.” On Tuesday, in a strategic decision, Volkswagen disclosed that diesel vehicles will not form part… Read More ›
Airbus granted 2nd license for sale of 100 civilian aircrafts to Iran
While Republican President-elect Donald Trump equation with Iran is well known, the move to disallow and cancel such sale would draw heat from U.S. partners who were party to the nuclear agreement. Furthermore, if the move to cancel the agreement… Read More ›
Toyota recalls 838,000 Sienna minivans
They have an issue with their sliding doors. Toyota Motor Corp has disclosed that it would be recalling 838,000 Sienna minivans in order to fix an issue with its sliding doors. As per Toyota’s spokesman, the recall will effect 744,000… Read More ›
District Judge Amos Mazzant blocks Obama’s rule on overtime payments
In this significant ruling which will affect the lives of almost every salaried class in most sectors of the U.S. economy, the Obama appointed judge has ruled that overtime payments to workers cannot be created based on salary levels alone…. Read More ›
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