The biggest corporate failure in a decade in Britain was triggered after the financing banks of Carillion withdrew their support from the company. The events forced the U.K. government to mediate and assure that there would be no let-up in… Read More ›
The global blockchain technology market is anticipated to reach a value of $13.96 billion by 2022 and register a compound annual growth rate (CAGR) of 42.8 per cent during the period. This was revealed in a market report on this… Read More ›
Across the supply chain of the auto industry, investors are cheering firms who break away from the mold of the combustion engine centered model, which they see as a sunset industry, to that of new age self-driving, autonomous, automated vehicles…. Read More ›
The U.S. auto industry has gone at great lengths to to convince the Trump administration of the importance of NAFTA for the industry. In fact, in October 2017 major auto dealers, automakers and suppliers had launched a coalition to back… Read More ›
Mass production of self-driving cars which will not have the traditional controls such as steering wheels and pedals is to be started by General Motors by 2019. The bold declaration was made by the company and is one of the… Read More ›
With countries, including France, India, UK and China pledging to phase out fossil fuel and combustion engined powered vehicles between 2030 and 2040, carmakers are increasingly focussing their future lineup to tap these big markets. At the Detroit auto show,… Read More ›
Delta Air Lines Inc.’s shares went up by 3.5 per cent in premarket trading after the company announced that it would score even better performance in the present quarter driven by strong demand for seats compared to the better-than-expected profit… Read More ›
Following the news that there can be a possible ban on trading of cryptocurrencies in South Korea, there was a major fall in the value of all of the major virtual coins including bitcoin, ripple and etehreum on Thursday. According… Read More ›
The move has widespread geo-political and geo-economic implications, including for its neighbor North Korea which is increasingly banking on such currencies to flush its economy with cash. On Thursday, South Korea’s Justice Minister disclosed that it is preparing a law… Read More ›
A growth rate of more than 60 per cent in just over a week’s time was noted by the cryptocurrency ethereum as it hit an all-time high on Wednesday. According to CoinDesk, a website that tracks the prices of the… Read More ›
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