A significant challenge to President Vladimir Putin’s hold on power was de-escalated by heavily armed Russian mercenaries who had made it most of the way to Moscow. Their leader said that this action would prevent bloodshed. Yevgeny Prigozhin, a longtime… Read More ›
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As He Sues Nissan In Lebanon, Ghosn Vows To Battle “To The Bitter End”
In his first legal battle, former Nissan chairman Carlos Ghosn declared on Tuesday that he would fight “to the end” in the $1 billion case he has filed against the Japanese automaker. Nissan, as well as 12 people and two… Read More ›
‘Progress’ In Supply Chain With Soaring Jet Orders At The Paris Air Show
On Wednesday, Pratt & Whitney, a manufacturer of jet engines, noted “solid progress” in the aerospace supply chain, addressing a significant area of worry for aircraft manufacturers as they continue to tally orders at the Paris Airshow. Huge orders from… Read More ›
UK Economy Is In A “Doom Loop” As Investments By Businesses Falls Behind Its G7 Counterparts
Britain’s economy is stuck in a growth “doom loop,” according to the U.K.’s Institute for Public Policy Research, due to decades of underinvestment by the government and corporations. According to recent data from a left-leaning think tank, the U.K. has… Read More ›
The Goal Of Macron’s Paris Meeting Is To Revive The Global Finance Agenda
On Thursday and Friday this week, a summit is being hosted by French President Emmanuel Macron to lay out a plan for reducing the debt loads of low-income nations while freeing up more money for climate spending. In order to… Read More ›
More Countries Are Affected By The Continued Toxic Syrup Risk, Claims The WHO
Toxic cough syrups continue to represent a hazard on a worldwide scale, the World Health Organisation (WHO) told Reuters, adding that it is now collaborating with six more nations than previously disclosed to track the potentially lethal children’s medications. After… Read More ›
VW Perfects The Dry-Coating Battery Process, Which Might Lower Cell Costs
According to Volkswagen’s battery boss, the company has perfected a dry coating battery manufacturing technique that, if scaled up, could reduce the cost of cell production by hundreds of millions of euros annually. The automaker claimed that it and the… Read More ›
JLR Uses AI From Everstream Analytics To Avoid Supply Chain Issues
JLR said on Monday that it has teamed up with supply chain mapping and risk analytics company Everstream Analytics. This partnership will integrate artificial intelligence into the system of the British luxury carmaker to help prevent future troubles with the… Read More ›
Ford Chairman Says The US Can’t Yet Match China In The EV Sector
Bill Ford, the executive chairman of Ford Motor, claimed that the United States wasn’t yet prepared to compete with China in the manufacture of electric cars. “They developed very quickly, and they developed them in large scale. And now they’re… Read More ›
Tesla’s China Growth Encounters A Roadblock Due To Oversupply In The Sector
The approval of China to develop 70 hectares (172 acres) of former farmland that is currently overrun with wildflowers is crucial to Tesla’s ambitious aim to increase auto production in Shanghai, its most valued facility internationally. Tesla may now be… Read More ›