Major hindrances such as the largely unknown extent of the necessary metal reserves of United States and a selected few facilities to process minerals and produce batteries would hamper the plan of the country to set up its own electric vehicle supply chain according to industry analysts.  ...

Three years ago, Morgan Stanley invited wealthy clients to invest in Uber. Now it turns out that they incurred losses: amount of the transactions turned out to be higher than the placement price. Moreover, after the IPO, the price of Uber shares has been falling only “abnormally”. In 2016, the...

French media learned about the fact that fertilizer producer Monsanto collected dossiers on government officials, public figures and journalists, trying to isolate their potential allies among them. Collection of such data is illegal in France, and therefore the prosecutor's office has already...

A replica of a lunar lander that is being developed Blue Origin rocket company was unveiled by billionaire entrepreneur Jeff Bezos. He also detailed his ambitions of soon being able to send humans to the moon again in line with the aims of the Trump administration to set up a lunar outpost about...

Net profit of the Japanese automaker Honda Motor Co. declined by 42.4% to 610.3 billion yen in the fiscal year that ended on March 31, 2019. Operating profit declined by 12.9% to 726.3 billion yen. Revenue rose by 3.4% to 15.89 trillion yen, the company said. Operating profit in the financial...

No action had been taken for about a year by Boeing despite knowing about the problem with its 737 Max jets which was the cause of two fatal accidents within less than nine months, the company has admitted.   The alarm feature had been inadvertently made optional instead of standard, the...

Chinese tech companies would take centre stage at the global level if American tech companies such as Facebook and Google are subjected to too much of regulations thereby restricting them and their business activities that help them ot dominate the global tech scene, opined Donald Graham, a former...

The global smartphone market continued to face difficulties in the first quarter. The Chinese technology giant Huawei was the only one of the market leaders who managed to increase supplies, according to preliminary data from IDC research company. In the first quarter, Huawei increased the supply...

Profit of the British-Dutch oil company Royal Dutch Shell Plc fell slightly in the first quarter, but exceeded the forecast. Net income attributable to shareholders on the basis of the current cost of supplies (CCS) and excluding special items in Q1 decreased by 2% compared to the same period last...