The $20 billion mega deal of Boeing Co was dethroned by rival plane maker Airbus SE as the later secured the largest ever commercial plane transaction in its history – an almost $50 billion deal with at the Dubai Air Show for single-aisle aircraft. Airbus had been trailing its rival at the Gulf expo and…
General Motors plans to make a profit from the manufacture of a new family of electric vehicle which the company wants to launch in 2021 and will be less costly to make, said the Chief Executive Mary Barra of the No. 1 U.S. automaker. Reporting the largest ever quarterly loss recently was Tesla – a…
In China, the housing markets are being outpaced by the cost of grave plots. On an average, about 80,000 yuan ($12,000) are shelled out by Beijing residents for funeral expenses, according to a funeral development report published in 2015 jointly by China’s Ministry of Civil Affairs and the Social Sciences Academic Press. The average annual salary…
The previously planned huge display screen plant that will be worth $10 billion and is scheduled to be set up the city of Racine of Wisconsin State is all set to get a kick start as the Governor of the state – Scott Walker, signed the final contract with Foxconn Technology Group Chairman Terry Gou.…
According to a report in the newspaper Aftenposten, a record low unemployment and improved recruitment and job scenario in their home countries are forcing a large number of eastern European workers to leave Norway and go back to their home countries. “We saw a peak in labor immigration in 2012, but we now see that…
A service that aggregates, cleans and delivers accurate and timely data from multiple trusted sources was launched by Proagrica which is a leading data insight company and part of the global RELX Group. The product is called the agri-food supply chain of Agility which is a data platform. Actionable insights and data analytics is already…
In recent decades, with the advancement of medical science, faulty genetic makeup of individuals has been blamed for a number of diseases. A potential cure for such gene related diseases has been gene therapy which has been in the news a lot of late. Intended to provide a cure for rare eye diseases, a new…
In the Alpine principality that bears his name lives Prince Hans-Adam II von und zu Liechtenstein lives in a castle perched on a cliffside. He owns a collection of Renaissance masterpieces, as well as two palaces in Vienna he owns a collection of Renaissance masterpieces, as well as two palaces in Vienna and he’s known as “Your…
A headache for the French government has been created just as it tries to make the food chain fairer for farmers as the country is running short of butter. There are some supermarket shelves that are sitting empty even as the price of croissants is on the rise. In recent years, the consumer attitudes towards…
A hot new trend is likely to be started by Netflix Inc’s chief executive – Reed Hastings’s garb on a recent video presentation to investors even though he is no fashion icon. Inspired by the hit show “Stranger Things”, Hastings donned a Christmas sweater grinning sheepishly. The red sweater with white letters and holiday lights,…
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