Argentina noted a very significant contraction in the second quarter in its gross domestic product following huge losses to its agriculture sector because of a severe and long lasting drought this year. The situation was so severe that the country… Read More ›
According to a new analysis on global warming and climate change, for the global auto sector to play a vital role on the issue of global warming and keeping the rise in global temperature at the Paris agreement’s 1.5C goal,… Read More ›
The think tank – Organization for Economic Co-operation and Development (OECD) believes that expansion of global growth “may have peaked”. The think tank predicted that the global economy would achieve a growth rate of 3.7 per cent in both 2018… Read More ›
A potential rival of American electric car maker Tesla will see an investment of about $1 billion from Saudi Arabia. The company called Lucid is developing a new high-performance electric car. The company announced that the investment that it would… Read More ›
Australian airline Qantas wants to start a 20-hour flight between London and Sydney and will be placing orders for planes that would be capable of that sometime next year. The company was in advanced stages of negotiations with the plane… Read More ›
Investors concerns were largely driven by the potential involvement of U.S. authorities which led to the nose diving of Danske’s shares. On Wednesday, Thomas Borgen, Danske Bank’s CEO quit following a money laundering scandal which involved $234 billion (200 billion… Read More ›
Google’s Android OS will be powering media displays in millions of cars worldwide from the beginning of 2021. This would be possible because of a partnership of the US based tech company’s recently struck partnership with the Renault-Nissan-Mitsubishi Alliance which… Read More ›
Responding to the latest increase in duties aimed in a dispute over China’s technology policy by the United States President Donald Trump, China announced increasing of tariff on $60 billion of U.S. products. The Chinese measure was announced soon after… Read More ›
An incentive package that can be as high as £50m was signed off by the major shareholders of the fast growing UK based fashion retailing company Boohoo for its new chief executive in case the company is able to reach… Read More ›
Sport apparel giant Adidas will design and deliver specially made athletic shoes for Asian Games gold-medallist Swapna Barman from India. This is because this celebrated athlete has 12-toed feet. This will be done in collaboration with the sports governing body… Read More ›
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