If China goes ahead with the move, it would help foreign automakers to export more cars into China and help reduce price gaps. On Thursday, Bloomberg has filed a report citing sources familiar with the matter at hand as saying,… Read More ›
industry
Germany is willing and ready to support battery makers: German Economic Minister Peter Altmaier
With battery technology being central to electric cars, Germany is exploring ways to boost the industry by supporting and exempting it from certain energy levies. On Tuesday, Germany’s Economy Minister Peter Altmaier said, the government is willing to support battery… Read More ›
Hong Kong-based Modern Dental Group sees business opportunity in U.S. China trade conflict
With the United States slapping tariffs on Chinese imports, there is a growing market opportunity for rivals to Chinese companies to increase their market share in their respective segments and expand their foothold in the U.S. Modern Dental Group Ltd,… Read More ›
Earnings of U.S. airlines primed to take off in the first quarter: trade body
Airlines for America (A4A) has forecast nearly a doubling of passengers carried by U.S. airlines this spring. According to a forecast by a U.S. airlines industry trade group, starting this spring the sector is set to carry an all-time high… Read More ›
Sam’s Club partners with Instacart for delivering groceries to shoppers
Shopper can buy a wide range of goods and groceries, even without a Sam’s Club membership, and have it delivered it to them within the hour. Incidentally, the online grocery market in the U.S. is expected to grow $41.7 billion… Read More ›
Rising cost of transportation pulling up food inflation in the U.S.
For consumers who have enjoyed low to negative food inflation over the years, the jump in food prices is likely to be a shocker. In the push for cost cut led higher margins, U.S. trucking companies and railroad operators are… Read More ›
Britain’s automotive regulations will align themselves with that of the European Union
The move is aimed at protecting Britain’s automotive industry and not disrupt its well-oiled supply chain. Britain’s health minister, Jeremy Hunt stated the country will align its regulations with the European Union’s in some areas, including the automotive sector, after… Read More ›
Australia’s Royal Commission begins inquiry alleged wrong-doings in the country’s financial sector
Allegations of widespread wrong-doings have plagued Australia’s finance sector since many years, adding pressure on the industry to undergo a thorough root-and branch reform. On Monday, the head of the government-backed inquiry which is delving into Australia’s finance sector to… Read More ›
Ford Motor’s Chariot minibus service to expand to 6th U.S. city shortly
A traditional carmaker, Ford Motors is diversifying in the mobility services segment with changing consumer tastes of not wanting to own a vehicle. As per an executive from Ford Motors, the carmaker is set to launch its Chariot minibus services… Read More ›
The Trump Administration’s Great Firewall of Commerce blocks Huawei Technologies and ZTE from gaining access to U.S. market
The Trump Administration is taking a stronger stance on national security policies initiated by the Obama Administration and is increasingly frustrating Beijing’s efforts at acquiring strategic U.S. industries and U.S. technology. Two congressional aides have disclosed, U.S. lawmakers have urged… Read More ›
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