Recent Posts - page 448

• France to launch ‘railway highway’ in push to reduce carbon footprint and greener economy

  By admin1 on July 28, 2020 • ( 0 )

  

  In an effort to reduce France’s carbon footprint, French prime minister Jean Castex vowed to develop “railway highways” to transport food and other goods which have traditionally been transported by trucks. The “fresh food train” linking the main wholesale market… Read More ›

• Murthy Renduchintala, Intel’s Chief Engineering Officer to depart on August 3

  By admin1 on July 28, 2020 • ( 0 )

  

  In a development that marks a reorganization at U.S. chipmaker Intel Corp, Intel Corp said, it’s Chief Engineering Officer Murthy Renduchintala will be leaving the company in a move that marks Intel allocating five teams into its key technology unit…. Read More ›

• Tesla increases hiring at Shanghai plant

  By admin1 on July 28, 2020 • ( 0 )

  

  With U.S. electric vehicle maker Tesla Inc ramping up production in China, the company has launched a hiring spree in Shanghai with plans to bring on designers at its China studio. Tesla’s posts on WeChat, marks the first time it… Read More ›

• France’s Alstom likely to win antitrust Bombardier deal

  By admin1 on July 28, 2020 • ( 0 )

  

  According to sources familiar with the matter at hand, Alstom is likely to win antitrust approval from the European Commission to acquire Bombardier Inc’s rail business, in a deal that will position the French company as the world’s second biggest…. Read More ›

• Mitsubishi Motors announces restructuring plan midst record operating loss of $1.33 billion for 2020-2021

  By admin1 on July 28, 2020 • ( 0 )

  

  With Japan’s Mitsubishi Motors Corp posting dismal sales in key South-Asian markets for this financial year, its shares fell by more than 10% to an all-time low on Tuesday. Mitsubishi Motors has projected an operating loss of $1.33 billion (140… Read More ›

• Huawei cuts India revenue target by 50%, lays off 60%-70% of staff

  By admin1 on July 27, 2020 • ( 0 )

  

  On Monday, China’s Huawei Technologies Co stated, it has slashed its India revenue target by up to 50% for 2020 and has begun laying off employees in the country. The development comes in the wake of Chinese troops attacking their… Read More ›

• Rare earth producer Lynas Corp signs rare earth contract with DoD

  By admin1 on July 27, 2020 • ( 0 )

  

  On Monday, rare earth producer Lynas Corp stated, it has signed a contract with the U.S. Department of Defense to begin initial design preparations for its heavy rare earth separation facility in Texas. The Pentagon is providing initial funding for… Read More ›

• Shares of Taiwan Semiconductor Manufacturing Co Ltd soar after Intel apparent retreat from manufacturing its chips

  By admin1 on July 27, 2020 • ( 0 )

  

  On Monday, with news of U.S. chipmaker Intel Corp signalling that it may stop manufacturing semiconductors of its own chips, shares of Taiwan Semiconductor Manufacturing Co Ltd (TSMC) soared by nearly 10%. TSMC is the world’s biggest contract chipmaker. The… Read More ›

• Boris Johnson to overhaul UK’s treason laws

  By admin1 on July 26, 2020 • ( 0 )

  

  On Sunday, according to a report from the Mail, British Prime Minister Boris Johnson is set to overhaul the United Kingdom’s treason laws. The development comes at a time of increased activity by foreign agents in the country with many… Read More ›

• China’s stockpiles record 53.18 million tonnes of crude oil June 2020

  By admin1 on July 26, 2020 • ( 0 )

  

  On Sunday, data from the General Administration of Customs showed, China’s import of crude oil from Saudi Arabia in June 2020, soared by 15% from a year ago with Beijing import record amounts of the fuel when prices are low…. Read More ›

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