Electric vehicles, light commercial vehicles and trucks as well as sourcing supplies locally are the key components of Nissan’s strategy in China, the world’s biggest auto market. On Monday, with the aim of placing itself within the top 3 automakers… Read More ›
Sustainability
Ford Motor’s Chariot minibus service to expand to 6th U.S. city shortly
A traditional carmaker, Ford Motors is diversifying in the mobility services segment with changing consumer tastes of not wanting to own a vehicle. As per an executive from Ford Motors, the carmaker is set to launch its Chariot minibus services… Read More ›
Fujifilm To Cut 10,000 Jobs As It Takes Acquires Xerox Completely
More than 10.000 jobs at Xerox would be lost at its joint venture with Japan’s Fujifilm as the Japanese firm takes control of the photocopier company. The companies said that an agreement to merge operation of Xerox with that of… Read More ›
Amazon Enters Healthcare Sector Through A Joint Venture With Other U.S. Companies
E-retailer Amazon is getting into the healthcare sector through a joint venture. The new firm, aimed to reduce costs for their U.S. employees, will be promoted jointly by Amazon, JP Morgan and Berkshire Hathaway. The firms said that the independent… Read More ›
Tractica Report Predicts Unit Sale Of Autonomous Trucks And Buses To Touch 188,000 Annually By 2022
The assumption that many industries are most likely to be disrupted by commercial, access to availability and adoption of self-driving vehicles is almost ensured because in recent years, autonomous vehicles have attracted am explosion of interest. And the trucking sector… Read More ›
Smartphone Sale Growth In China Declines In 2017, For The First Time In Eight Years
A report from research firm Canalys suggests that there has been a 4 per cent decrease in annual shipments of smartphones in China in 2017. This is the first time in eight years that the market has seen a decrease… Read More ›
Crypto Currency Worth About $400 Million Stolen From Coincheck, Admits The Company
It was four years ago that virtual currency exchange Mt. Gox collapsed in Japan whose memory is yet to fadeaway, and now the investors in the country were spooked after the disclosure of about $400 million in NEM tokens getting… Read More ›
British economy to pick up steam on increased clarity from future relationship with EU
While its peers in advanced economies have registered double digit growth, Britain has much to do to catch up with them. Clouds on the horizon are however clearing following increased clarity on how Brexit would impact its future trade relationship… Read More ›
Uber’s CEO to visit India and Japan to boost firm’s image
The charm offensive is aimed at prucing up the firm’s image and reassuring employees, partners, regulators and government officials that Uber means well and wants to improve the quality of services in the country. Uber Chief Executive, Dara Khosrowshahi, is… Read More ›
Boeing completes flight tests of 787-10 with Rolls Royce engine
While Boeing’s 787-10 Dreamliner jet has a seating capacity of around 330 and has a shorter mile range, Airbus SE’s A350-900 has a seating capacity of 325 but has a longer range. Boeing is scheduled to make its first delivery… Read More ›