The think tank – Organization for Economic Co-operation and Development (OECD) believes that expansion of global growth “may have peaked”. The think tank predicted that the global economy would achieve a growth rate of 3.7 per cent in both 2018… Read More ›
A potential rival of American electric car maker Tesla will see an investment of about $1 billion from Saudi Arabia. The company called Lucid is developing a new high-performance electric car. The company announced that the investment that it would… Read More ›
Australian airline Qantas wants to start a 20-hour flight between London and Sydney and will be placing orders for planes that would be capable of that sometime next year. The company was in advanced stages of negotiations with the plane… Read More ›
Google’s Android OS will be powering media displays in millions of cars worldwide from the beginning of 2021. This would be possible because of a partnership of the US based tech company’s recently struck partnership with the Renault-Nissan-Mitsubishi Alliance which… Read More ›
Responding to the latest increase in duties aimed in a dispute over China’s technology policy by the United States President Donald Trump, China announced increasing of tariff on $60 billion of U.S. products. The Chinese measure was announced soon after… Read More ›
An incentive package that can be as high as £50m was signed off by the major shareholders of the fast growing UK based fashion retailing company Boohoo for its new chief executive in case the company is able to reach… Read More ›
Sport apparel giant Adidas will design and deliver specially made athletic shoes for Asian Games gold-medallist Swapna Barman from India. This is because this celebrated athlete has 12-toed feet. This will be done in collaboration with the sports governing body… Read More ›
The development assumes strategic importance since the development is part of a package aimed at diversifying Saudi Arabia’s oil-export driven economy. In a development that marks the first commercial borrowing by Saudi Arabia’s top sovereign wealth fund, the Kingdom’s Public… Read More ›
In its assessment, the International Monetary Fund stated a myriad unresolved issues still need to be ironed out before Brexit’s March 29 deadline. A no-Brexit deal will significantly impact the country’s economy. On Monday, the International Monetary Fund disclosed, Britain… Read More ›
Irrespective of which hell it is trying to get out of, luxury carmaker Tesla is moving ahead and streamlining issues surrounding its electric car lineup. Shareholders would be particularly thrilled if it latches on to profitability. In a development that… Read More ›
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