Volkswagen AG will be spending $2 billion, across 10 years, to advance the development of electric vehicles in the country, as part of its settlement plans. The California Air Resources Board has unanimously voted to approve the 30 month plan… Read More ›
As corporate executives caught in a waiting game for their shiny new planes, there are new challenges for the business jet market just when it looked like the market was ready for a take off. It’s been taking longer to… Read More ›
Long-sought inflation may be finally spurred by global policymakers if they just wait. Potentially spurring what many economists have said is the missing link: Wage growth, the post-World War II baby boom generation is getting ready to leave the workforce… Read More ›
Fintech startups have drawn investments from venture capitalist companies, mainly based out of the U.S., and despite the uncertainty surrounding Brexit negotiations, the inflow of funds has placed Britain third in the global race to attract venture capital funds. A… Read More ›
The move could further pad the pockets of big oil and big auto and end up hurting U.S. consumers. The U.S. Transportation Department has disclosed it may revise auto fuel efficiency standards from the 2021 model year. The move comes… Read More ›
If you own a diesel car from VW’s stables, you are likely to benefit reading this. The owners of Volkswagen vehicles that have been affected by the diesel emissions scandal please perk up and pay attention. The refusal to… Read More ›
As Britain prepares to leave the EU, May’s government is pushing for a greener, cleaner industrial policy. On Monday, as part of the British government industrial strategy to boost growth, productivity and distribution of wealth, the country’s business minister is… Read More ›
According to analysts who say that it is set to ride a wave of improved euro zone data and weakening investor conviction in the U.S., the euro could be on track to hit $1.20 against the dollar before the year… Read More ›
The recall also covers VW, and Porsche vehicles which share the same engine. Volkswagen’s luxury brand Audi is recalling 850,000 diesel cars to update the vehicle software which control its emissions. The move is strategic since it is aimed at… Read More ›
Following the highly anticipated public listing of Netlink NBN Trust, which raised about 2.35 billion Singapore dollars ($1.72 billion), Southeast Asia’s largest telecommunications company may be on the hunt for acquisitions. The broadband arm of Singapore Telecommunications (Singtel), which said it took in… Read More ›
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