German Carmakers Charged Of Collusion By EU Of Delaying Emission Reducing Tech

The European Union has pulled up car manufacturers from Germany allegedly for engaging in collusion for not allowing technology that helps in reduction of harmful emissions from vehicles dissipate for broader use by the auto industry. Three giants of the German auto industry – Volkswagen, BMW and Daimler, have been identified for this charge by…

Pilots Were Unable To Stop Nosedive Before The Ethiopian Airlines Boeing 737 Max Crash

A preliminary report of the crash of a Boeing 737 Max plane of the Ethiopian Airlines last month claims that before the craft crashed to the ground killing all on board, it had nosedived a number of times. According to the first official report into the disaster, the pilots “repeatedly” followed procedures as stated by…

Goldman Fined £34.4m For Misreporting By UK Watchdog

The City regulator had brought in charges of misreporting millions of transactions over a decade against US bank Goldman Sachs and following which the investment bank has been fined £34.4 million. The Financial Conduct Authority of the United Kingdom has severely criticised the US investment bank for “serious and prolonged failures” of disclosure related issues…

Firms Trying To Reduce Plastic Waste Hit By Global Recycling Issue: Expert

Following the much talked about Paris global environmental summit, there has been a growing awareness about the harmful effects of plastic. There are also concerns among regulators, government, people and even among some companies about the threat posed to the environment form single use plastics that such as soft drink bottles which simply get dumped…