A worldwide parts and chip scarcity is weighing heavily on Japanese industries, with seven out of eight automakers reporting a decline in global output in September. This has cast doubts on the central bank’s assumption that the impact of supply… Read More ›
Quarterly sale figures of McDonald’s Corp in the United States beat projections of the Wall Street, thanks to higher prices, larger order quantities, and additional menu items like the crispy chicken burger, the global fast food chain announced Wednesday. In… Read More ›
Uber Technologies will offer 50,000 Tesla Inc automobiles as a rental option to its ride-hailing drivers by 2023 in partnership with Hertz, the ride-hailing company announced on Wednesday. According to a blog post by the ride-hailing business, a Tesla car… Read More ›
The Chinese government’s escalating restrictions imposed to contain a rise in Covid-19 cases is having an impact on local businesses as a leading Chinese hot pot chain’s market value dwindled by $4 billion in a span of just three days…. Read More ›
Due to a mismatch between short-term business travel ambitions and the airline industry’s 2050 net zero target, certain airlines face failure if they do not decrease carbon emissions faster in the next three to five years, according to an industry… Read More ›
Price of petrol and diesel at the pump are being pushed to or near record highs in Europe and Asia because of rising oil prices, rebounding fuel demand, and levies and as such motor owners in these regions may face… Read More ›
The largest producer of oil, Saudi Arabia, has set a target to attain “net zero” greenhouse gas emissions by 2060 as the kingdom joined more than 100 countries around the world that are campaigning to address the issue of climate… Read More ›
The plans of Netflix Inc. to expand its international content offerings in order to boost subscriber growth, which is slowing down, was apparently supported by investors because of the huge success of the South Korean dystopian drama series “Squid Game”… Read More ›
An aggressive target of moving their cargo only on ships using zero-carbon fuel by 2040 has been pledged to be achieved by nine big companies including Amazon, Ikea and Unilever. The companies have said that this aim will also be… Read More ›
Investments to the tune of 2 trillion yen ($17.54 billion) in development of alternative energies such as renewables and hydrogen will be made by Japanese company Mitsubishi Corp by 2030, the company said on Monday, and added that this will… Read More ›
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