Carlos Ghosn, Nissan’s ex-boss, will hold a news conference in Beirut on January 8, said his lawyer. The development comes in the wake of Ghosn’s abrupt arrival in Lebanon from Japan, where he was under house arrest following allegations of… Read More ›
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Tiffany, Mercedes are among luxury brands adding restaurants to their stores in China
The love for food of Chinese customers is being tapped into by high-end retailers in China to boost sale of luxury goods. Cafes and restaurants to their shops have been added by a host of vendors offering everything from jewellery… Read More ›
Industry Body CII Expects Gradual Recovery In 2020 Of Slowing Indian Economy
The Indian economy, that was considered to be the fastest growing major economy not long ago, saw a dismal performance in 2019. The real estate, automobile, construction sectors and overall consumption demand have been the worst hit. The economy is… Read More ›
Record High For Consumer Spending On Ethical Purchases In UK
The total annual value of ethical purchasing in the United Kingdom has reached record levels, according to a new report, which is now at £41bn. The reported noted that the amount was for products in purchased in the food, drinks,… Read More ›
22 Year Old Who Tried To Blackmail Apple Served Suspended Sentence And Social Work
A court in the United Kingdom delivered a two year suspended jail sentence to a 22-year-old man who tried to blackmail Apple Inc by claiming that he possessed the codes to access millions of iCloud accounts of the company. According… Read More ›
New Onboard Camera Systems To Sound Alert About Distracted Or Fatigued Driver
A driver loosing focus can be a recipe for a fatal accident when one is driving a car. According to the European Commission, up to 30 per cent of road crashes is caused because of driver distraction – the reasons… Read More ›
China’s Efforts To Develop Its Own Tesla Amid A Slowing Economy And Phasing Out Of Subsidies
In recent years, venture capitalists have invested billions of dollars into companies and startups that are focused on development of electric vehicles as the industry itself is strongly supported by the Chinese government. While it is not yet clear what… Read More ›
US Airline Employees Demand More As Industry Set For A 10th Year Of Profits
There is a rising demand among airline employees in the United States – ranging from pilots to catering workers, for higher wages and better benefits, as the entire industry in the country is set to record the tenth consecutive year… Read More ›
Insurance Scandal To Result In Ouster Of Japan Post CEO And Heads Of Two Of Its Firms
Following the huge scandal in Japan over the issue of the illegitimate sales of insurance products by the Japan Post Holdings Co and its two subsidiaries, the CEO of the firm as well as the chiefs of its two subsidiary… Read More ›
Boeing’s Ousted CEO Could Get A $60 Million Exit Package: Reports
Dennis Muilenburg, the former CEO of Boeing who was removed from his post last week over the 737 Max grounding scandal will be leaving the company with a huge exit package even though the company itself will linger in the… Read More ›