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Amid U.S. tech tensions, China curbs exports of drone-related equipment-thumnail

Amid U.S. tech tensions, China curbs exports of drone-related equipment

China on Monday announced export restrictions on some drone-related equipment, claiming that it was doing so to protect “national security and interests” in the face of rising tensions with the

Industry

Jul 31, 2023

The Wall Street Journal reports that US trucking company Yellow has shut down operations-thumnail

The Wall Street Journal reports that US trucking company Yellow has shut down operations

The Teamsters Union announced on Sunday that cash-strapped US trucking company Yellow Corp (YELL.O) has suspended operations and is declaring bankruptcy after failing to restructure and refinance more than a billion dollars in debt.

Business

Jul 31, 2023

As the market tempers its growth pessimism, Goldman upgrades its oil demand outlook-thumnail

As the market tempers its growth pessimism, Goldman upgrades its oil demand outlook

While maintaining its 12-month Brent price forecast of $93 per barrel, Goldman Sachs revised up its global oil demand forecast for the year on Sunday as higher realised inventories offset

Finance

Jul 31, 2023

In China, Toyota will boost EV development and technology-thumnail

In China, Toyota will boost EV development and technology

The world’s largest automaker, Toyota, declared its intention to accelerate the development of electric vehicle (EV) technology in China, indicating a tactical move to combat the fierce competition in the

Automation

Jul 31, 2023

Persistent Systems partners with Google Cloud; launches Google Cloud-powered Generative AI solutions-thumnail

Persistent Systems partners with Google Cloud; launches Google Cloud-powered Generative AI solutions

Persistent Systems and Google Cloud have deepened their collaboration by introducing a variety of Generative AI solutions.

AI

Jul 31, 2023

Chinese Battery Materials Firms Invest Heavily in South Korea to Comply with US EV Tax Credit Rules -thumnail

Chinese Battery Materials Firms Invest Heavily in South Korea to Comply with US EV Tax Credit Rules 

Chinese battery materials companies are stepping up their investments in South Korea, with projects worth at least $4.4 billion announced this year. This move is in response to the US

Automotive

Jul 31, 2023

The UK announces hundreds of new oil and gas licenses in the North Sea-thumnail

The UK announces hundreds of new oil and gas licenses in the North Sea

As part of its energy policy, Rishi Sunak’s administration will continue to rely on fossil fuels by issuing hundreds of additional oil and gas licences for the North Sea.

News

Jul 31, 2023

Manchester United extends its partnership with Adidas for 10 years at a minimum £900 million cash guarantee-thumnail

Manchester United extends its partnership with Adidas for 10 years at a minimum £900 million cash guarantee

Manchester United has recently extended its partnership, with Adidas for 10 years ensuring a cash guarantee of £900 million ($1.16 billion). This agreement will remain in effect until June 2035

News

Jul 31, 2023

Bharti Airtel makes Rs. 8,024 crore payment to DoT; clearing 2015 auction dues-thumnail

Bharti Airtel makes Rs. 8,024 crore payment to DoT; clearing 2015 auction dues

Bharti Airtel, one of India’s telecom companies has recently made a payment of Rs. 8,024 crore, to the Department of Telecommunications.

Business

Jul 31, 2023

Enhancing Marketing Impact Top Retailers Embrace Alipay+ Premier Partner Program-thumnail

Enhancing Marketing Impact Top Retailers Embrace Alipay+ Premier Partner Program

Alipay+’s new Chief Accomplice Program empowers retailers to upgrade customer commitment and advertising viability through a coordinated bundle of advanced showcasing and development arrangements Daimaru Matsuzakaya Retail chain and Shilla

Industry

Jul 31, 2023

Singapore’s real estate firm AT Capital firm & NBFC Experion Capital makes their first India investment-thumnail

Singapore’s real estate firm AT Capital firm & NBFC Experion Capital makes their first India investment

Singapore-based real estate AT Capital firm and NBFC firm Experion Capital has made its first investment in India by providing ₹200 crores as project finance for Vatika Group’s prestigious luxury residential project, Sovereign Park, located in Gurugram.

Business

Jul 31, 2023

Foxconn to sign an agreement with Tamilnadu to set up Rs. 1600 crore plant-thumnail

Foxconn to sign an agreement with Tamilnadu to set up Rs. 1600 crore plant

Foxconn, an electronics manufacturing company plans to invest an amount of $194.45 million, in India. Through its subsidiary Foxconn Industrial Internet (FII), the company aims to establish a state-of-the-art facility for components in the Kancheepuram district of Tamil Nadu.

Business

Jul 31, 2023


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