In a statement Volkswagen’s Chief Financial Officer Arno Antlitz said, it stop producing a number of combustion engine models by the end of this decade, and sell fewer cars overall as it increases its focus on producing more profitable premium… Read More ›
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New York sues Exxon Mobil Corp for misleading investors on the risks posed by climate change
Cities across the U.S. as well as countries are suing oil companies for misleading investors for years on the risks posed by climate change on their businesses. The state of New York has sued Exxon Mobil Corp alleging that it… Read More ›
Japan’s Daikin to expand into Africa, eyes sales upwards of $812.71 million from Africa and Middle East
Having emerged as a top player in the fiercely price sensitive Indian market, Daikin the world’s biggest manufacturer of air conditioning equipment maker is one of the few Japanese companies that can compete head to head with the Chinese. The… Read More ›
Solar panel glut leading to more cost effective installations globally
The glut has not only significantly diluted the impact of Trump’s tariffs but has also led to solar panel makers consolidating and expanding their market footprints through volume rather than margins. In recent weeks, the steep decline in the prices… Read More ›