Airbus A380 on the roll again, overlooking oil prices
In 2020, amidst the pandemic’s first wave, a hoard of Airbus (AIR.PA) A380s was driven to collect dust in provisional sites from rural France and all the way to the Gulf since the outbreak didn’t do any help in aiding in the cause of the world’s largest and significantly valuable, luxurious passenger flights. As a […]
King Coffee Wins Two Prestigious Awards at the Global Business Review Awards 2022
Global Business Review is a well-known magazine in UAE (United Arab Emirates). It has recently announced two prestigious awards for the coffee brands of Vietnam to recognize their huge success in the global market. The magazine has awarded King Coffee, a renowned coffee brand among others, in two categories. The first award is the Fastest […]
The inflation research team ENAG held accountable in Turkey and fired for an inquiry
At a university in Istanbul, the trusty leader of a distinguished Turkish research facility who is researching analytical reasoning and deductions of Turkey’s inflation, which is claimed to be double the usual figure is now withheld to be questioned about the authenticity of his statements. Sources reveal there were official papers that warranted the Yeditepe […]
Gulf Cooperation Council (GCC) to see a dynamic surge in economies by 5.9% before December
The GCC is comprised of six powerful countries in the area of business expertise—the United Arab Emirates, Qatar, Saudi Arabia, Kuwait, Bahrain, and Oman. World Bank has made an official statement about the economies of GCC, and its capability to expand by a splendid 5.9% total this year. The recuperation of this chart is set […]
Semiconductor base in China, by Merck
Merck KGaA have signed a contract to open a semiconductor base in the Chinese city of Zhangjiagang. This is their largest single electronics business investment in the country. The new 69-acre base will house production plants for thin film materials and electronic specialty gasses, warehouses, and operation centers.Merck China President Allan Gabor stated that China […]
Court puts sales ban on Ford’s internet linked cars in Germany
A German court has put a nation-wide sales and production ban on Ford cars able to establish internet connection. It said this as a part of a lawsuit over the violation of wireless technology patents. The verdict by the Munich regional court is not legally binding. It said that this can still be appealed, adding […]
Hyundai motor group plans to invest $16.5 BLN in S.Korea EV business
Hyundai Motor Group said that it plans to invest a total of 21 trillion won through 2030 for the expansion of its electric vehicle (EV) business in South Korea. The South Korean auto group, which houses Hyundai Motor Co and Kia Corp, plans to annually build 1.44 million units of EVs in South Korea by 2030. […]
Elon Musk says Twitter legal team told him he violated an NDA
Elon Musk on Saturday tweeted that Twitter Inc’s legal team accused him of violating a nondisclosure agreement by revealing that the sample size for the social media platform’s checks on automated users was 100. Musk tweeted that Twitter legal just called to complain that he violated their NDA by revealing the bot check sample size is […]
Tech firms asks US supreme court to block Texas social media law
Lobbying groups representing Facebook, Twitter, Google and other tech companies filed an emergency request with the U.S. Supreme Court, seeking to block a Texas law that prohibits large social media platforms from banning users based on their political views. The Texas law went into effect when the 5th U.S. Circuit Court of Appeals granted the state’s […]
US FAA shifts gears on certifying future flying taxi pilots
The Federal Aviation Administration said that it had shifted course on its approach to approving pilots of future electric vertical takeoff and landing aircraft but does not expect it would delay certification or operational approvals. The eVTOL aircraft have been touted as air taxis that could be the future of urban air mobility. The low-altitude […]