Electric car sales increased dramatically last year in the United Kingdom, although the market as a whole did not rebound completely from the Covid-19 pandemic hit. According to the Society of Motor Manufacturers and Traders, more electric cars were registered in 2021… Read More ›
As it tries to ward off Chinese diplomatic and trade pressure on Lithuania, Taiwan has announced the establishment of a $200 million fund to invest in the Baltic state. Taipei has stated that it plans to make its first investment… Read More ›
In a statement General Motors Co said, its electric commercial vehicle business, BrightDrop, has signed a deal to supply EVs with Walmart Inc and has expanded its supply agreement with FedEx Corp. It did not announce the financial terms of the… Read More ›
Chinese foreign minister Wang Yi is set to visit Kenya following Nairobi relying on Chinese loans to develop infrastructure and is facing rising debts. Describing the visit as “historic”, the Kenyan foreign ministry said, talks between the two countries would… Read More ›
With investors becoming more amenable to digital assets, Goldman Sachs Group predicts that the cryptocurrency bitcoin will continue to eat into gold’s market share. The likelihood of bitcoin’s value breaking beyond the $100,000 barrier has increased as a result of… Read More ›
Japan’s Sony Group Corp is planning to venture into the industry of electric vehicles as it wants to leverage its strengths in the fields of entertainment and sensors. For this purpose, the company plans to launch a new company this… Read More ›
Following the cancellation of a trip to the United States and Australia due to rising COVID-19 cases, Japan and Australia are set to sign a treaty to beef up defence and security cooperation at a virtual summit on Thursday. Japanese… Read More ›
In a significant development, Mercedes-Benz has unveiled its battery-powered VISION EQXX prototype which it says has a range of more than 1,000 kilometres (km) per charge. Last year, Mercedes-Benz had announced plans to invest more than $45 billion (40 billion euros)… Read More ›
In a statement Germany’s new Finance Minister said, the government will offer tax relief to individuals and companies worth $34.1 billion (30 billion euros) in this legislative period. “We will relieve people and small and medium-sized businesses by significantly more… Read More ›
In a major development, the European Union has drawn up plans which labels nuclear energy and some natural gas projects as “green” investments. The development comes in the wake of a year-long battle between governments over which investments are truly… Read More ›
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