In a statement, self-driving startup Aurora said, it is expanding the testing and development of its autonomous vehicles to Dallas-Fort Worth Area in Texas. Aurora is already testing its vehicles in the San Francisco Bay Area and Pittsburgh. It will test its fleet of Pacificas and Class 8 trucks in Texas. In June 2019, Aurora…
Spirit bottles that are completely based on paper and are 100 per cent plastic free, made from sustainably sourced wood, have been created for the first time in the world, claimed Diageo, the maker of Johnnie Walker, Smirnoff and Guinness, has claimed. The company said that the first use of this paper based bottle would…
Pressure by the United States over the future of the Chinese firm owned app TikTok in the US could jeopardize the plan of the Chinese firm to shift its international headquarters in the United Kingdom. Talks with the UK government to create a new international based HQ in London have been held by the Chinese…
Dutch electronics giant Philips is confident of returning to growth and profits in the second half of the current year even though it said that its net profits dropped in the second quarter opf the current year because of the novel coronavirus pandemic outbreak. Philip’s net profit dropped by 14.63 per cent year on year…
BNP Paribas is the bank that companies turned to get emergency loans more than any other in Europe whet he novel coronavirus pandemic struck the continent. Compared to BNP, its closest rivals including Santander, Deutsche Bank and Credit Suisse had managed to expand their balance sheet and credit payout by only about 5 per cent.…
On Monday, Austrian chipmaker AT&S stated, it plans on investing up to $137 million (120 million euros) across four years to boost its technology and manufacturing prowess in its home location. AT&S capex plans includes sinking on at least 100 million euros on new machineries and processing equipment; it has also allocated 20 million euros…
In a significant development, Britain has asked Japan to help build its 5G wireless networks using components from China’s Huawei Technologies, said a report Japanese news daily, the Nikkei. According to the report, Britain has named Fujitsu Ltd and NEC Corp as potential alternatives to Huawei. Officials of both countries have had a meeting last…
Its entire fleet of the iconic Boeing 747 airplanes is being retired earlier than expected by British Airways primarily because of the novel coronavirus pandemic induced slump in the global airline industry. British Airways is the largest operator of Boeing 747 in the world currently. The original plan of the British Airways, owned by International…
According to a report published by the Observer, the Chinese telecom equipment manufacturing giant Huawei has been privately told by the British government that it was being banned from 5G telecom networks in the country because of “geopolitical” reasons after being exposed to intense pressure from United States President Donald Trump. The report claimed that…
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