Shares of the electrical vehicle manufacturer, Tesla Inc., rose almost 20% on Tuesday, rebounding from a deep sale with its biggest daily gain during a year after data showed an increase in sales in China and the analyst lifted its stock rating. Tuesday’s Tesla rebound was followed by a 3.7 per cent rise in Nasdaq, […]
Category Archives: Business
Rolls-Royce, a British aircraft engine manufacturer, reported that its net losses more than doubled to £3.2 billion last year, owing to the coronavirus pandemic, which caused thousands of company layoffs. According to the group, the loss after tax was $4.4 billion, or 3.7 billion euros, compared to a loss of £1.3 billion in 2019. Coronavirus […]
What else could lead to another flashpoint for India, the Chinese parliament on Thursday adopted a 14th five-year plan that thinks, among other billions of dollars’ worth projects, a powerful dam to build, against the Brahmaputra River in Tibet, near the Arunachal Pradesh border. India and Bangladesh, which are both low-lying regions, have been concerned […]
Apple has begun manufacturing the iPhone 12 in India, which is a significant and maturing market for the company. However, while domestic manufacturing will allow Apple to offer competitive prices later this year, there will be no immediate cost savings that will be passed on to consumers. The iPhone 12 is now being assembled in […]
El Salvador becomes the first Central American country to be the malaria-free country in the region, and the country’s success in meeting one of the Global Technical Strategy for Malaria Goal contributes to the shrinking of global malaria coverage. The World Health Organization has certified El Salvador as the 21st country since 2000 that has […]
Apple Inc. takes a tried-and-true approach to introducing new products: it designs in-house, sources its own parts, and has it assembled for sale by a contract manufacturer. After talks with some brand name automakers failed, the tech giant might follow a similar strategy — partnering with a lesser-known contract manufacturer, as it plots a foray […]
Tata group is set to announce a big layoff of around 1000 employees as they have faced loss at an unprecedented level for one of their companies. Tata group’s several businesses including aviation, aerospace, automotive have reached to a tipping point where there has arrived a need for them to fire most of their employees […]
The growing utilization of flame retardant in various end-user industries such as building & construction, electronics, automotive and others are creating significant growth in the flame-retardant market. These industries are actively exploring advanced methods to meet current and proposed fire safety standards. The Furniture Flame Retardancy Partnership is a project in which industry leaders have […]
The global suprapubic catheters market is primarily driven by the significant prevalence of urological disorders. Urological disorders are diseases associated with the urinary tract and kidneys. This includes the urethra, kidneys, urinary bladder, ureters, and the male reproductive organs, such as the prostate, testes, epididymis, seminal vesicles, and penis. Urinary incontinence and urinary tract infection […]
The global fire protection systems market is expected to grow at a CAGR of 7% over the forecast period. Rapid integration of traditional fire suppression systems with IP technology is certainly boosting the fire protection systems market across the globe as the integration of the devices with IP further enhances the efficiency, accuracy, and accessibility […]