Germany’s North Rhine-Westphalia could be factory site for Tesla’s Gigafactory

North Rhine-Westphalia, Germany’s most populous state, is a leading destination for Tesla’s Gigafactory in the EU. According to a report from German news daily Rheinische Post citing sources familiar with the matter at hand, U.S. electric carmaker Tesla is scouting for a location for a factory in the German state of North Rhine-Westphalia (NRW). According…

Grab unveils major investment plans for Vietnam

Ride-hailing firm Grab plans on investing “several hundred million dollars” in Vietnam since it sees the country as its next growth market. Grab unveilled the plan just weeks after it disclosed a $2 billion investment plan for Indonesia. The proposed investment plan marks Vietnam as one of Asia’s fastest growing economy and underscores Grab’s eagerness…

Why Is Greenland Gaining Importance For Global Powers Including The US

It is more than once that the idea of purchasing Greenland had been floated by United States president Donald Trump. And in response, Trump’s idea has been called as “absurd” by the Danish Prime Minister Mette Frederiksen. The issue has however created a unique diplomatic tension between the two countries. But the growing geopolitical importance…

Minority Stake In Leading Indian Supermarket Chain Operator To Be Acquired By Amazon

Amazon.com is increasing its footprint in physical retail business in India. According to a regulatory filing late on Thursday by Future Retail, a minority stake of 3.58 per cent in the company is set to be taken up by Amazon. Future Retail owns and operates over 1,500 retail stores in India and is the owner…

G7 Meeting Could Dispel Fear Of Trump Tariff On French Wine, Hopes Producers

There is increasing concern among French wine-makers about the threats by United States president Donald Trump of imposing import tariffs on French wine in retaliation to the tax on global technology giants imposed recently by the French government of Emmanuel Macron. In case such a tariff is indeed imposed by Trump, it could adversely impact…

Salesforce’s Growth Driven By Values-Based Business And Digital Wave, Says CEO

Those companies that are focused value creation are the preferred choice as partners in business for modern corporations, claimed Salesforce’s Keith Block in an interview to a television channel. That is the reason that Salesforce decided to be part a group of about 200 other companies and businesses that have recently taken pledge to shift…

Sony, Disney Disagreement Results In Spider-Man Pulled Out Of Marvel Cinematic Universe

Failed negotiation between Sony Pictures and Disney has resulted in the exit of the friendly neighbourhood Spider-Man from the Marvel Cinematic Universe (MCU). The discussions between the two studios were being held for the renewal of the deal that would have enabled the web slinger to continue to appear in the money-minting MCU, according to…