206 U.S. companies have applied for the special licence. In an interview with Bloomberg, U.S. Commerce Secretary Wilbur Ross has stated, licenses for U.S. companies to sell components to Huawei Technologies Co will come “very shortly,”. Licenses “will be forthcoming very shortly” and that the U.S. government had received 206 requests. “That’s a lot of…
One billion pieces of plastic packaging from products in its United Kingdom’s stores has been pledged to be removed by the end of 2020 by the UK’s largest retailer, Tesco. The aim of this move is to reduce its environmental footprint burden and adhere ot increasing consumer demands for reduction of waste. After the airing…
The global video streaming industry now has a new player that is looking to gate crash this fast growing business segment – Apple launched its streaming services Apple TV+ on Friday with an offer of free services for all new Apple devices that would be purchased for the first year. The service was launched in…
Of the total car sales in Norway last month, 35.7% were electric. On Friday, registration data from Norway showed, the adoption rate of Audi’s fully-electric e-tron sports utility vehicle saw a new high last month, with the German carmaker gaining 8.3% in market share. According to the Norwegian Road Federation, Audi delivered 873 electric SUVs…
This acquisition is Google’s entry into the wearable device market. In a development that marks Alphabet Inc-owned Google’s intention of entering the fitness trackers and smartwatches market, the search engine giant said it will acquire Fitbit Inc for $2.1 billion. On Friday, the wearable device maker said it had been offered $7.35 per share in…
Japan Display’s panels enable Apple Inc to provide competitive pricing for its iPhones and lessens its reliance on Samsung Display for OLED panels. On Friday, as per a news bulletin by Japan’s Kyodo News, Taiwan’s Wistron Corp and Apple Inc are eyeing a possibility of investing directly in troubled panel supplier Japan Display.
The economic situation of Hong Kong is in a worse condition than was expected because of months of violent pro democracy protests in the city which has paralyzed life, forced closure of shops and businesses and public transportation and scared away tourists. According to official data released Thursday, the Hong Kong economy plunged into recession…
After having discovering “cracking” in one section of the craft, the Australian airline Qantas has decided to ground one of its Boeing 737 NG planes. Following a revelation by Boeing that an area near the wing may be prone to cracking, a number of airlines were also inspecting their 737 NG fleets. The airlines said…
A merger between Chrysler Automobiles (FCA) and the Peugeot owner, Groupe PSA, has finally been announced by the companies for in a deal that will be worth €40bn and r4result in the fourth largest car maker of the world. The boards of the tow companies passed the merger proposal on Thursday. The net entity will…
According to data available from united States Energy Information Administration (EIA), in the first half the of the current year, the country exported more than double the average net exports of net natural gas of 2018 already. Government data showed that the US exported natural gas at the rate of an average of 4.1 billion…
business-gurus.com 