The move signals Daimler’s push to electrifying its near-future lineup. In a development that marks the electrification of its future lineup, on Tuesday, Daimler stated it would purchase battery cells worth at least $22.75 billion (20 billion euros) as it… Read More ›
Adding to the attempts to by some of his top trade advisers to downplay the uncertainty created by the arrest of the CFO of Chinese tech giant Huawei Technologies, United States. President Donald Trump tried to sound optimistic about the… Read More ›
Bitcoin, the world’s largest crypto currency, marked an 11 per cent drop within 24 hours against the US dollar on Fr4iday during Asian trading hours which marked a new decline for the currency. December has not been a good month… Read More ›
According to a warning issued by the head of Britain’s biggest business lobby group, UK companies could go bust and there could be significant job losses throughout the country because of the planned crackdown on immigration after Brexit as being planned… Read More ›
In July 2018 during sample test checking, Nissan found various instances wherein fuel economy and emission testing did not match those set by Japan for domestic standard. A recall of the affected cars is likely. On Thursday, Japanese daily Nikkei… Read More ›
The rush to stockpile products because of growing concerns over a possible no-deal Brexit among retailers and manufacturers in the UK is causing a shortage of food warehousing space. According to media reports quoting industry representatives, there is virtually no… Read More ›
China is confident that it would be able to come to an agreement with the United States on trade, said the second largest economy in the world on Wednesday. This was a sentiment similar to what US president Donald Trump… Read More ›
The fund targets manufacturing, electric vehicles, farming practices, and energy-efficient commercial buildings. On Wednesday, New Zealand’s Prime Minister Jacinda Ardern announced the creation of a $69.28 million (NZ$100 million) green investment fund that is aimed at boosting private-sector participation so… Read More ›
Tesla will use its Gigafactories in Nevada, U.S. and that in China to produce Model Ys. Producing locally to serve domestic consumers will significantly mitigate risks of import tariffs imposed by the United States and China in their trade wars…. Read More ›
The move mirrors the strategic shift in the fossil fuel industry from dirty polluting crude to liquefied natural gas. On Monday, Qatar’s energy minister Saad al-Kaabi stated, Qatar will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) from… Read More ›
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