In a statement, French President Emmanuel Macron stated he has had a “great discussion” with U.S. President Donald Trump regarding the introduction of a digital tax planned by France; both countries have agreed to collaborate and avoid further rise in tariffs. According to aa French diplomatic source, Macron and Trump have agreed to hold off…
In a statement, Toyota Motor Corp said it will be moving its production of the mid-size Tacoma pick-up truck from the U.S. to Mexico. Toyota Motor Corp, Japan’s biggest automaker, stated by 2022, it will stop the production of its Toyota Sequoia in Indiana since that plant focuses on minivans and mid-size SUVs. By late…
On Wednesday, two sources stated, the U.S. government is nearing the publication of a rule that would significantly expand its powers to block shipments of foreign-made goods to Huawei. The development comes in the wake of the U.S. Commerce Department placing Huawei Technologies Co Ltd on a trade blacklist in May 2019, citing national security…
On Wednesday, Hyundai Motor Co unveiled its first sport-utility vehicle (SUV) under its Genesis brand in a move aimed at increasing its footprint in overseas markets, said analysts. Genesis, spun off in 2015, is an initiative of Hyundai Motor Group heir-apparent Euisun Chung, is aimed at revamping Hyundai’s image as an automaker which makes cost…
As per a report from the Guardian Newspaper, officials from the U.S. government have provided the British government with additional newer evidence concerning the risks of involving Huawei in developing its future 5G mobile networks. Ahead of Britain’s decision to include Huawei in developing its 5G networks, officials from both countries exchanged views on whether…
As per a report from the Sunday Times, the U.S. government is planning on permanently bringing a stop to its civilian drone program due to the drones being, at least partly, manufactured in China. The FT reported citing two sources briefed on the plans as saying, the U.S. Department of the Interior is weighing its…
With Boeing Co releasing hundreds of internal messages surrounding the development of its simulators as well as its 737 MAX jet that it grounded in March 2019 following two fatal crashes, there has been a firestorm of outrage from U.S. lawmakers. In an exchange of instant messages between two Boeing employees in April 2017, one…
On Thursday, Aireon, a U.S. aircraft surveillance firm stated, it has collected the position data from the Ukraine International Airlines jet that crashed in Iran on Wednesday. Aireon is sharing this data with the appropriate authorities, said is spokeswoman. Aireon’s satellite-based global tracking system captures more detailed data than is available on commercial websites like…
In a statement, Microsoft Corp disclosed, a hacking group called “Thallium” has taken control of web domains to steal nuclear related data. In a blog post, Microsoft stated, Thallium, believed to be operating from North Korea, targeted government employees, university staff members, think tanks, and individuals working on nuclear proliferation issues, among others. Most of…
As per a report by Mastercard Inc, e-commerce sales saw record highs this shopping season in the United States, with U.S. shoppers preferring online sales to their brick-and-mortar counterpart. For retailers, the holiday shopping season is a crucial period for which can account for up to 40% of annual sales. This year, Thanksgiving, which traditionally…
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