While confirming AXA sticking to it’s financial targets for 2016-2020, CEO, Thomas Buberl, has unveiled an intrinsic operating model that simplifies and refocuses the firms resources so as to boost shareholder’s value. On Tuesday, French insurer AXA confirmed that it was on on the path to meet its key 2020s financial targets thus extending the…
The new tactical approach has already starting paying dividends: the Norwegian government has recommended to repeal certain provisions related to taxis while the EFTA surveillance authority has ruled in Uber’s favor saying the Norway’s restrictions on taxi licenses were illegal. On Monday, Uber stated it would suspend UberPOP, its unlicensed service in Oslo and wait…
Boeing’s focus will be on developing thermal power and its corresponding control systems. The Pentagon has disclosed, Boeing Co has been awarded a a $409 million Air Force contract for developing next-generation thermal power and control systems as part of a government and industry joint effort to develop revolutionary and innovative technologies.
This is significant since GE is aiming to develop next generation thermal power technology and control systems. As per a statement from the Pentagon, General Electric Co has been awarded a defense contract worth up to $409 million. The contract is for developing next-generation thermal power plants and control systems, as part of a government…
McDonald’s new straws hit a new high of perfection. Take a look at the video on how engineers redesigned the humble straw. Of all the technological innovations coming out in this world, would you ever think that the humble straw can be redesigned? Surprise, Surprise. A team of aerospace and robotic engineers did exactly that.…
The simple robust design of the SideArm system ensures that it can be deployed in any arena without the armed forces having to undertake costly retrofitting measures. Even the drones that have the longest flight time have to land sometime. Rather than risk damaging multi-million dollar aircrafts on improvised battlefield landing strips or aboard the…
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