In a statement an official from the White House said, two top-level White House aides will host a meeting on the resiliency of the U.S. supply chain midst a broader policy review on the issue. According to Jen Psaki, White House’s press secretary, the meeting would be hosted by President Joe Biden’s top economic aide,…
In a significant development, the Federal Aviation Administration (FAA) stated, it had approved the design for the Boeing 737-8200, which is part of the Boeing 737 MAX series, a step that is necessary before Boeing that can commence the delivery of the jet to Ryanair. The 737-8200 incorporates all of the design improvements that were…
On Monday, following Toyota Motor Corp opening its first commercial hydrogen fuel pump site in the Australian state of Victoria, it urged the government to encourage the rollout of more such sites across the country so as to boost the take-up of cleaner cars. Next month, Toyota is bringing in twenty of its Mirai hydrogen…
In a significant development, Xiaomi Corp announced on Friday that it will unveil a new self-developed computer chip on March 29 on its official Weibo social media account.
Alphabet Inc’s Google is set to invest $7 billion in data centers and offices across the U.S. in 2021, down from $10 billion last year; the move will create 10,000 new full-time jobs as it takes on a pandemic-driven surge in internet traffic. The move will see the tech giant expand its data centers in…
On Monday, in a statement Deliveroo said, it plans to sell around new shares worth $1.39 billion (1 billion pounds) in its upcoming initial public offering (IPO), in what is expected to be the biggest London listing in more than seven years. The British food delivery company, which has the backing of Amazon.com Inc, said…
In a development that sets the groundwork for electric vehicles in India, one of the country’s biggest power generation and transmission company Tata Power said, it is exploring an arrangement with Tesla Inc to set up charging infrastructure in the country. Talks are in initial stages and agreements are yet to be signed, cautioned sources.…
WPP, the world’s biggest advertising company said, it would immediately relaunch its buyback scheme. The development comes in the wake of its efforts to help clients shift online to get through the worst of the pandemic. The company took a major hit in early 2020 because of the coronavirus-induced COVID-19 pandemic which triggered its clients…
On Thursday, in a statement Israel Aerospace Industries (IAI) said, it would jointly develop an advanced drone defence system with the United Arab Emirates’ state-owned weapons maker EDGE. With both countries formalizing relations in 2020, trade, commerce and defense relations have got closer over concerns over common foe Iran. In a statement, Israeli state-owned IAI…
According to a report from the BBC, the Volkswagen Group along with Porsche, are weighing options to enter Formula One provided the next engine regulations, which are scheduled to be introduced in 2025, promote sustainable fuels. Porsche Motorsport’s vice-president Fritz Enzinger has been quoted as saying, it would be “of great interest if aspects of…
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