GM To Take On European Rivals With Its Newly Launched Mid-Engine Corvette

General Motors Co, the largest auto maker of the United States, is all set to take on the high-performance European cars as it announced the launch of its newly designed mid-engine 2020 Corvette, even as the company faces headwinds of a slowdown in global vehicles demand and an uncertain trading environment. The new vehicle, being…

French carmaker enters into a joint venture with China’s Jiangling Motors Corporation Group

Renault move is aimed at tapping China’s growing electric vehicles market. In a deal which sees French carmaker Renault taking a 50% stake, the carmaker has formed a joint venture partnership with China’s Jiangling Motors Corporation Group (JMCG) to target the Chinese electric vehicles (EV) market. In a statement Renault said, it would increase its…

Ex-Mitsubishi Workers Of South Korea Wants To Sell Its Assets Over Historic Forced Labor

Korean workers who were once forced to work for the Japanese company Mitsubishi during the colonial-era now want a court to pass a verdict which would allow compensation of their ordeals for forced labor back then from the sale of assets of their former Japanese employer. It has been years that the issue has been…

EU To Investigate Amazon’s Practices Over Treatment Of Small Retailers

After France decided to impose a tax on tech giants for revenues made in the country – which would impact American tech companies such as Google and Facebook, and Britain introducing a very similar bill in its parliament, a formal investigation into some activities of the American e-commerce giant Amazon has been now launched by…

Google Terminates Its Censored Search Engine For China Project

The plan of United States tech giant Google to launch a search engine limited by censorship in China has been cancelled by the company, said an official of the company. The project faced criticism from various corners including in the US and had collected some controversy. While there were reports that had suggested that the…