In a significant development that potentially sees global carmakers increasing their footprints in India’s huge car market, New Delhi plans on offering fresh incentives to companies making electric vehicles (EVs) as part of a policy push in the auto sector… Read More ›
According to two sources familiar with the matter at hand, Charles Sussman, the managing director and joint-head of global oil trading at Bank of America Merrill Lynch (BAML), has left the company after having spent more than 10 years in… Read More ›
Discovery Inc said on Monday it expects to have 12 million global paid streaming subscribers by the end of this month, as coronavirus-led restrictions kept people home and fueled streaming subscriber growth. Launched in January, discovery+ houses 55,000 episodes from… Read More ›
In a significant development, Mark Carney, the former head of the UK and Canadian central banks, has joined Stripe Inc’s board of directors. The development comes in the wake of the company reporting that it plans on a funding round… Read More ›
According to a government document, Tesla Inc will be setting up an electric-car manufacturing unit in the southern state of Karnataka. “The U.S. firm Tesla will be opening an electric car manufacturing unit in Karnataka,” said a state government official… Read More ›
Apple Inc has cornered nearly a quarter of the global smartphone market during the fourth quarter and has emerged as the world’s biggest smartphone seller; shipments of Huawei’s phones have plunged after they were hit by U.S. sanctions. According to… Read More ›
On Saturday, driven by a steady adoption of electric vehicles, Tesla Inc reported a better-than-expected 2020 vehicle deliveries and narrowly missed its CEO’s ambitious full-year delivery goal. The results come at a time when the global auto industry, like most… Read More ›
Slovakia has started vaccinating its population against the coronavirus-induced COVID-19 disease on Saturday, following a joined coordinated push by the European Union against the global pandemic. Vladimir Krcmery, a member of the government’s Pandemic Commission, was the first person in… Read More ›
While reporting its third quarter results, Norwegian Air, which likes its peers has been ravaged by the coronavirus-induced COVID-19 pandemic which has brought the global travel industry to a standstill, said it is likely to run out of cash in… Read More ›
According to an official from the International Energy Agency (IEA), if Europe sees renewed lockdown measures to contain rising cases of the coronavirus-induced COVID-19 pandemic it could push back the outlook for the global demand for oil towards a downward… Read More ›
