Toyota’s fuel efficient sedans and SUVs caters to design-conscious consumers in the US. As per a sourced briefed with the matter at hand, Toyota Motor Corp and Mazda Motor Corp are set to collaborate on developing a $1.6 billion U.S… Read More ›
Sustainability
There Have Been 63,000 Cancellations Of Tesla’s Model 3 Pre-Orders
Expecting an average of 1,800 new orders a day, Tesla is continuing to see demand for its first mass market car, the Model 3. However, the company also revealed that about 63,000 people have cancelled their Model 3 pre-orders, Tesla’s… Read More ›
4,000 Jobs Expected To Be Moved To EU After Brexit By Deutsche Bank
As Deutsche Bank AG’s Brexit plans take shape, people briefed on the matter wsere quoted in the media as saying that the lender envisions shifting almost half its U.K. positions to the European continent over coming years. Under the bank’s… Read More ›
U.S.-India bonhomie to be the engine for mutually beneficial growth
Unlike Trump’s outbursts against leaders from Australia and Germany, the Indian Prime Minister was received well. A newly created chamber will now target growth mutually beneficial areas of growth, including, startups, education and innovation. Following Indian Prime Minister Nadrendra Modi’s… Read More ›
German automakers and lawmakers convene to mitigate pollution
With France and Britain deciding to eventually ban all petrol and diesel vehicles, pressure is building on Germany’s top exporters to tackle long standing issues related to the release of pollutants in the atmosphere. Car executives are set to meet… Read More ›
A Rising Political Crisis Could Derail The World’s Third-Largest Economy
Questions over the future of the leader of the world’s third largest economy and his namesake economic program loom large as the economy battles an acute crisis of confidence. Support for the 62 year-old has been pushed to under 20 percent — his lowest… Read More ›
$50 Billion New Capital May be Needed By Banks After Brexit
While some smaller firms may abandon their operations on the continent altogether as profitability plunges, banks may need to find $30 billion to $50 billion of additional capital to support new European units in the aftermath of a hard Brexit,… Read More ›
Offshore wind energy making slow inroads in the U.S.
While most companies acknowledge that this theirs is a long term game, in Europe however former oil companies are embracing change and are harvesting key technological experience and expertise in this maturing market. In a significant development that could potentially… Read More ›
Audi’s $12 billion cost cutting program to help it fund its forray into EVs
As it pushes to surge ahead leaving dieselgate behind, Audi is streamlining its operations through a cost cutting program. As per sources close to Audi, the carmaker is aiming to cut $12 billion (10 billion euros) as cost cutting measures,… Read More ›
Missile Fired By North Korea Possible Landed Within 230 Miles Of Japan’s Coast
Japanese Prime Minister Shinzo Abe said that North Korea test fired a missile that may have landed within 230 miles of Japan’s coast. Japan’s public broadcaster, NHK, said, citing government officials that the missile was fired shortly before midnight Japan time on… Read More ›
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