According to the 2018 ACSI Automobile Report, there has bene a rise of 1.2 per cent in customer satisfaction with automobiles and light vehicles in the US on the American Customer Satisfaction Index’s scale of 0 to 100. The report also lists a tie between Volvo and Lexus for best luxury automaker and Subaru was named…
The statement sees China continue to maintain its refrain that it does not allow forced technology transfers in its domestic and foreign companies and that it will adopt stricter measures to the IPR regime. Will China now walk the talk? On Tuesday, in a statement that is clearly aimed at deflecting U.S. trade accusations on…
The deal marks a strategic shift in Uber’s approach to maintaining its lead in the ride services industry. In a bid to catch up on rivals in the hotly crowded automated autonomous driving industry, Toyota Motor Corp said it will invest $500 million in Uber Technologies Inc so as to jointly develop self-driving cars. Although…
Total’s 26% equity in the Hazira LNG and Port venture located in Gujarat, India would be taken over by Shell Gas B.V., a subsidiary of Royal Dutch Shell Plc. The announcement of the agreement was made on Monday. No financial details of the deal were announced by the company. In the meanwhile, Shell is also…
A recent development achieved by American researchers, better mimicking of native vessels and ducts in human body can be made by a special way of “printing” them in tubular structures. The researchers have developed a 3-D bio-printing technique that allows them to accurately fine-tune the properties of the printed tissues such as the number of…
There has so far been mild impact of the US-China trade war, claimed Cosco Shipping Ports (CSP) which is amongst the largest container terminal operators in the world, as the company reported an increase of 70 per cent jump in adjusted profit for the first half the current year. But the company also warned that…
Following the accusation that a driver of China’s biggest ride-hailing company, Didi Chuxing, had raped and killed a woman passenger, the company announced the suspension of one of its services for the second time this year. While apologizing for “disappointing mistakes”, the company said that it has dismissed two senior managers after the incident that…
The development is aimed at placing Europe on par with the U.S. and China vis-a-vis 5G. While the U.S. and China have moved rapidly to deploy the nascent 5G technology, Europe is not one to be left behind. Although the development of 5G mobile networks are still nascent, so as to develop them further Telecom…
companies in the conglomerate are set to form joint ventures that will see them develop solutions for separate components of self-driving technologies. On Monday, four companies from the Toyota Motor Corp stated they would form a joint venture to develop software that manages components for self-driving technology including brakes, steering and others. In a joint…
Malta registered Huulk allows the trade of commodities, stocks and sharia compliant products. It aims to partner with several European exchanges in the coming weeks. On Monday, as per Ibrahim Mohammed, the Chief Executive of Huulk, a new digital exchange has been launched aimed at listings financial technology firms which are sharia compliant. The development…
