In order to build its 34 gigawatt-hour battery factory, Terra E Holding GmbH will choose one of five candidate sites in Germany or a neighboring country next month, said Frankfurt-based Chief Executive Officer Holger Gritzka in an interview. The former ThyssenKrupp AG manager has won government support for the project, which will break ground in the fourth…
As manufacturer BAE Systems Plc struggles to pin down a follow-on order from Saudi Arabia, the biggest export customer for the Mach 2 jet, U.K. output of the Eurofighter Typhoon warplane may be cut. With final assembly at Warton in northwest England, the cornerstone of a military-aircraft business that employs 12,500 people at BAE is…
While there is an element in luck in the way geologists locate these deposits, the new method is more structured and thorough. As per the results of a study, scientists are scouring through huge tracts of data, looking for clues for the deposits of minerals, including, oil, gas, copper and gold. The techniques adopted by…
Although the company is continuing with its investments in shale oil in countries, including Argentina, faced with rising consumer demand for EVs, BP is weighing its options to see how it can meaningful participate and survive in this changing market. London-based BP is holding partnering talks with electric vehicle manufacturers to offer battery re-charging docks…
Hackers have stolen 1.5TB of data, including un-broadcasted episodes of Game of Thrones, from HBO, a unit of Time Warner Inc, leading some to believe that perhaps being fans of the show they couldn’t handle the suspense! In a startling development, U.S Cable giant HBO has disclosed that hackers have been able to steal its…
Chinese miners are pushing for the split. In a significant development, the underlying code for bitcoins is likely to split on Tuesday and create a clone called “Bitcoin Cash”; this is likely to provide windfall gains to the holders of the cryptocurrency. This initiative is being led by a small group of mostly Chinese…
It aims to achieve 100% coverage by 2022. The British government is studying the pros and cons of the proposal and may consider a legislative approach to achieve the target. British telecommunication giant BT is set to invest $778 million (600 million pounds) to further the aims of the British government to provide faster…
In allegations that widen the scope of the latest scandal to hit the nation’s auto industry, allegations of colluding for nearly two decades to limit the pace of technological advances in their vehicles and stifle competition have bene placed against German’s major automakers in a U.S. lawsuit of acting as a cartel. According to a…
A person’s chances of developing diabetes could be significantly get reduced of that person consumes alcohol three to four times per week, claimed a new study. While issuing warning that clear spirits, such as gin and vodka, could substantially increase a woman’s chances of succumbing to the condition, the researchers in the study have identified…
The wireless carrier is ramping up its fibre optic network ahead of the launch of its fixed 5G wireless technology. As per sources familiar with the matter at hand, Verizon Communications Inc is said to be in talks to acquire WideOpenWest Inc’s fiber optic network in the Chicago area and has offered more than $200…
