Recent Posts - page 526

• California insurance regulators proposes reforms on group discounts in auto insurance

  By admin1 on December 24, 2019 • ( 0 )

  

  On Monday, the California Department of Insurance proposed reform measures which includes ways for insurers to include more people from low-income families. Currently insurers offer group discounts based on education, occupation, and other factors, to the detriment of low-income families…. Read More ›

• Tesla gets $1.4 billion loan from Chinese banks for its Shanghai factory

  By admin1 on December 24, 2019 • ( 0 )

  

  According to three sources familiar with the matter at hand, Tesla Inc has entered into $1.4 billion (10 billion yuan) loan agreement with a group of Chinese banks, for its Shanghai car plant. Part of this amount will be used… Read More ›

• Spirit Airlines Inc commits to buying 100 Airbus A320neo jets worth $11-$12 billion

  By admin1 on December 24, 2019 • ( 0 )

  

  On Monday, U.S. budget carrier Spirit Airlines Inc stated it aims to purchase 100 Airbus A320neo-family jets which are scheduled to be delivered to it through 2027; the agreement comes with options to purchase up to 50 additional aircraft. Spirit’s… Read More ›

• $1.3 Bln Investment Round Completed By Electric Vehicle Startup Rivian

  By admin2 on December 23, 2019 • ( 0 )

  

  The latest round of funding by the United States based electric vehicle startup Rivian yielded $1.3 billion in investments from the likes of fund manager T. Rowe Price as well as contributions from its existing investors including the online retailer… Read More ›

• Allegations Of Forced Labour By Prison Inmates In Tesco Card Case Denied By China

  By admin2 on December 23, 2019 • ( 0 )

  

  Following a report in a British newspaper about a London schoolgirl finding out a message in a Christmas card that claimed that it was from inmates at Shanghai’s Qingpu Prison who were forced into labour and after Tesco suspended ties… Read More ›

• Gold Price To Be Highest In A Decade Next Year, Say Traders

  By admin2 on December 23, 2019 • ( 0 )

  

  After gaining more than 15 per cent so far in 2019, the price of gold is set to record its strongest annual growth in almost a decade. The growing global economic and political uncertainties are pushing investors to want to… Read More ›

• China To Cut Tariffs On Some Products Including Pork To Boost Trade

  By admin2 on December 23, 2019 • ( 0 )

  

  Next week, tariffs on hundreds of goods will be reduced by China as part of its efforts to shore up trade to provide a boost to its slowing economy and to cushion the impact of a devastating swine fever epidemic…. Read More ›

• Emissions Scandal Sees Record Fine Imposed On VW In Australia

  By admin2 on December 23, 2019 • ( 0 )

  

  A record fine was imposed by Australia’s consumer watchdog over the German auto giant Volkswagen (VW) as part of the deal by the company to settle the scandal of the carmaker over its emission scandal which ripped the company through… Read More ›

• Economic Crisis Hit Lebanon Has A Very Sad Christmas

  By admin2 on December 23, 2019 • ( 0 )

  

  The struggling economy of Lebanon has seen a shortage of shoppers in the country’s streets. A report published in the news agency Reuters showcased the clothing shop of Rafi Tabakian in a Beirut suburb that was empty which otherwise would… Read More ›

• EU Unhappy With Boris Johnson’s Push For A Hard Brexit

  By admin2 on December 23, 2019 • ( 0 )

  

  Chief negotiator of the European Union Michel Barnier warned that trade talks between the EU and the United Kingdom could get into trouble if the UK Prime Minister Boris Johnson does not adhere to the red lines drawn by the… Read More ›

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