In a report the Financial Times said citing sources familiar with the matter at hand, Britain is in talks with 6 companies for building gigafactories which will produce batteries for electric vehicles. According to the report, Nissan Motor Co Ltd,… Read More ›
A truce has been arrived at between the United States and the European Union in relation to their 17 year old trade dispute involving government subsidies offered to Boeing and Airbus. The two major trading partners have agreed to remove… Read More ›
In a significant development, U.S. President Joe Biden is aiming to intensify efforts to renew transatlantic relations. On Tuesday, he will be meeting leaders from the European Union to cool off trade tensions and join forces to defeat the coronavirus-induced… Read More ›
Following the G7 summit in Britain, Canadian Prime Minister Justin Trudeau said, leaders of the Group of Seven agreed to coordinate more closely in their response to the challenges posed by China. The approach of G7 countries towards China will… Read More ›
In a significant development, Australia and Germany signed a bilateral partnership on hydrogen production and trade with the aim to facilitate renewable energy-based hydrogen supply chain between the two countries. German economy Minister Peter Altmaier along with German Education and… Read More ›
In a significant development, the G7 has put forth the vision of a grand infrastructure plan that rival’s Chinese President Xi Jinping’s multi-trillion-dollar Belt and Road initiative, which has led many countries into severe debt. The new economic plan, presented… Read More ›
In a statement, Annalena Baerbock, the head of Germany’s Green Party said, it will seek to support the country’s industry’s aim to slash carbon emissions by ensuring that the state helps meet additional costs companies incur. She went on t… Read More ›
Some customer and employee information of McDonald’s Corp’s business in South Korea and Taiwan was exposed to hackers in a data breach, the company said on Friday. This made the largest burger chain of the world the latest global firm… Read More ›
The Japanese auto major Toyota Motor Corp will set the aim to achieve carbon neutrality in all its factories throughout the world by 2035, said a senior executive on Friday as the company apparently is advancing the goal by 15… Read More ›
Volkswagen AG and Ford Motor Co plan to close down their auto financing business units in India and the companies will stop providing new credit to car buyers and dealers in the market, said reports quoting information from sources with… Read More ›
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