The classic and iconic Beetle brand was announced to be brought to an end by German car maker Volkswagen. This announcement was made by the firm’s American unit. According to the announcement, the company would no longer manufacture any of… Read More ›
Sustainability
ATM Closure Rate In UK Is Very High, Shows Link Data
According to the latest figures from the Link, the organization that oversees the ATM network in the United Kingdom, the rate of closure of cash vending machines has reached a record high. The number of free-to-use ATMs in the country… Read More ›
Amazon’s CEO, Jeff Bezos, commits $2 billion towards CSR
Jeff Bezos’ new philanthropic aims to create the Bezos Day One Fund which will have sub funds catering to various interest groups, including providing full scholarships to pre-schools children in low-income communities and support existing NPOs that offer shelter and… Read More ›
50% Of US Firms In China Expect To Be Hit By Any New Tariffs: Amcham Survey
Results of a survey by two business lobby groups shows that at least 75 per cent of all of the Unites States based companies operational in China are expecting to get hit by the escalating trade between the countries even… Read More ›
WEF Foresees 4th Industrial Revolution, AI, Robotics To Dominate
According to the World Economic Forum (WEF) founder and executive chairman Klaus Schwab, it strongly recommends the promotion of the fourth industrial revolution and believes that all of its efforts should be focused on the maintenance of the multilateral trading… Read More ›
Greenland picks Denmark for airport projects over U.S. and China
Greenland aims to expand its airports so as to cater to direct flights between Europe and North America. Incidentally, the decision has a strategic angle attached to it as well. Greenland has picked Denmark as a partner for its… Read More ›
Trump aims to bring down oil prices ahead of Nov. 6 Congressional elections
U.S. & Saudi energy ministers are scheduled to meet in Washington to discuss ways to boost output and lower global oil prices. On the negotiating table is Saudi Arabia’s long demand for a civilian civil nuclear cooperation which will enable… Read More ›
VW’s shareholders seek $11 billion in damages over dieselgate
In a lawsuit aimed at Volkseagen, shareholders representing 1,670 claims, have sued the carmaker over inadequate disclosures; they have argued that if they would have known of dieselgate they would have the opportunity to sell or not buy VW’s shares…. Read More ›
China vows response to U.S. tariffs threat
U.S. President Donald Trump has threatened to slap tariffs on all Chinese exports to the U.S. On Monday, a spokesman for China’s foreign ministry stated, Beijing will respond if the United States was to take any further steps on trade…. Read More ›
China’s trade surplus with the U.S. at record high in August 2018
The trade data could further push Washington to impose the next slab of tariffs on U.S. import of Chinese goods worth $200 billion. Customs data disclosed on Saturday showed China’s trade surplus with the United States has widened to a… Read More ›