A deal that it had entered into for developing a huge coal mine in Australia will be completed by it, said the German engineering giant Siemens, even as it faced protests on the issue by climate activists. The open cast mine under scrutiny is owned by India’s Adani group and is located in Queensland. It…
According to news report published in Japan, there are concerns at the Japanese auto major Nissan that its relationship with the French auto giant Renault have turned dysfunctional following the arrest and ouster of Carlos Ghosn, the boss of both the companies, and as such executives at the Japanese company have contemplated the potential of…
A fine of $5.4m is planned to be sought from Boeing by US regulators over charges that the company had “knowingly” installed faulty parts on its 737 Max planes. In recent times, there was revelation of internal messages of the company which resulted in questions being raised about the safety of the 737 Max planes…
After the United States decided to impose tariffs on Europe-made planes with a resultant threat that the costs of the planes would increase for those US customers who has purchased aircraft from the European plane maker Airbus, the company has announced that it had decided to increase production of its A320 narrow-body jetliners that are…
The planned rollout of 5G networks in the United States and the United Kingdom has been impeded by an international controversy surrounding the largest manufacturer and supplier of 5G telecommunication equipment – Chinese tech giant Huawei. National security fears have prompted the US to put a ban on purchase and use of telecom equipment from…
Japanese tech based investment group SoftBank Corp intends to increase its investments in Indonesia, said the group’s founder and CEO Masayoshi Son after a meeting with the country’s President Joko Widodo. “We don’t discuss the specific numbers yet, but new smart city, newest technology, clean city, with a lot of AI, that’s what I’m interested…
German luxury car maker Daimler’s Mercedes-Benz passenger cars is set to become the biggest-selling premium car brand of the world for 2019 after the company announced that it had sold 2.34 million of the cars worldwide which also marked record sale of the brand for the ninth consecutive year. The title of the best-selling luxury…
According to a dozen sources familiar with the development of China’s C919 single-aisle plane, the program, which is already five years behind schedule, is likely to expect more delays with the state-owned Commercial Aircraft Corporation (COMAC) struggling with a range of technical issues adding to headwinds for test flights. Although delays are common in complex…
According to internet security researchers and state government officials in the United States, following the death of Iranian military leader Qasem Soleimani, there has been a significant increase in the incidents of attempted hacking into computer networks in the US. The network security company Cloudflare said that there was a 50 per cent increase in…
According to the competition watchdog of the United Kingdom, the Competition and Markets Authority (CMA), a pledge to crack down on the trade of fake and misleading reviews on their sites has been made by Facebook and eBay. The CMA said that agreement aimed to better identify, investigate and respond to illegal reviews have been…
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