With the ongoing port shortages and rising shipping costs Tesla Chief Executive Elon Musk called on employees Friday, via an internal email that was obtained by CNBC to find ways to cut down on the expense of shipping electric vehicles to customers, instead of hurrying orders out to reach the end-of-quarter sales targets. In the…
The number of shoppers in retail stores during Black Friday dropped 28.3% when compared to levels in 2019 which is a result of Americans have shifted more of their spending to online and began early in the calendar year according to preliminary figures provided by Sensormatic Solutions. The traffic was up 47.5 percent compared to…
The chief of Royal Dutch Shell’s downstream division has said that the company may develop a biofuels facility in Singapore so that it is able to meet the growing demand for sustainable aviation fuels (SAF) of the region. Shell Downstream Director Huibert Vigeveno told reporters that the proposed project has a projected output of 550,000 tonnes…
AstraZeneca announced on Friday that it was looking into the effect of the coronavirus strain that was first identified recently in South Africa, and one that is rapidly spreading across the country, on its vaccine and its antibody mix and was optimistic its combination drug would maintain effectiveness. The World Health Organization (WHO) has on…
The largest manufacturers in the world of vaccines Covid-19 announced on that they were trying to investigate quickly and adjust their shots to a brand new and modified version of the virus. The World Health Organization on Friday declared that the latest strain, dubbed omicron, is an “variant of concern” that has a higher chance…
A significant rise in expenditures as the company adjusted to growth in demand for its purchase now, pay later services saw the losses at Klarna, the fintech start-up from Sweden, increase3d dramatically in the first nine months of 2021. From January to September, the Stockholm-based company lost 3.1 billion Swedish krona ($344 million), a fourfold…
Ikea, the Swedish company, is taking on the role of landlord in Japan by renting out a small flat in Tokyo. According to specifications revealed by Ikea this week, the 10-square-meter (107-square-foot) apartment is located in Shinjuku and will cost just 99 yen ($0.86) per month to rent. There is just one available flat, which…
Reliance Industries and Saudi Aramco have canceled an agreement for the state-owned oil giant to acquire an interest in the oil-to-chemicals segment belonging to the Indian conglomerate due to value issues, sources who are aware of the issue told. Discussions broke out over the extent to which Reliance’s Oil-to-Chemicals (O2C) business is worth as the…
Britain announced on Friday that the coronavirus variant that was recently identified which was spreading across South Africa was of huge alarm and was believed by researchers as the most important one that has been discovered, because it may make vaccines less efficient. It was reported that the UK Health Security Agency said that the…
Protests are being organized against green energy retailer Powershop Australia by its customers since it was acquired by Royal Dutch Shell as the customers of the Australian company threatening to stop using the renewable energy of the company and shift allegiance to other renewable energy providers so that they are not viewed to be customers…
business-gurus.com 