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Mexico Offered Supply Of Natural Gas By Venezuela's Maduro, Expert Dismiss The Plan

After Mexico experienced some disruptions to the supply of natural gas and other fuels from Texas because of a natural disaster in the US state, the Venezuelan President Nicolas Maduro proposed that it was an opportunity for his country to offer Mexico a proposal for supplying natural gas.  ...

Facebook Draws Global Criticism Of Its Action To 'Bully' Australia

According to analysts, the prospect of a much wider showdown between the world's biggest social media platform Facebook and the governments and news organizations fighting to check the dominating power of the tech giant increased after the move by the company to block users in Australia from...

‘Limited Impact’ On Clients Of Chip Shortage, Expects Foxconn Chairman

There will only be “limited impact” to the clients of Apple’s largest contract manufacturer and chip suppliers Foxconn because of the chip shortage that had severely impacted the automotive and semiconductor industries all over the world, said the chairman of the Taiwanese company.   “Since...

Google Executives Will Be Evaluated On Diversity And Inclusion From This Year

Starting this year, the performance of top executives of the company – starting with people in the ranks of vice presidents and above, will be evaluated for promotion of team diversity and inclusion, said Alphabet Inc's Google.   This was mentioned by the company in one of its several...

British Supreme Court Identifies Uber Drivers As Employees

The United States based ride hailing company Uber was dealt a severe blow by Britain's Supreme Court which ruled on Friday that a group of drivers of the company are entitled to worker rights such as the minimum wage. According to analysts, this court ruling could have much wider impact on the...

Renault Warns Of A Difficult 2021 As It Reports A Record $9.7 Billion Loss For 2020

After a loss of 8 billion euro last year, the French auto giant Renault also raised the warning flag for 2021 because of a shortage of electronic chips which added on to the uncertain recovery from the Covid-19 induced global recession, said the company’s Chief Executive Luca de Meo.   While...

Its Struggling Reebok Brand Planned To Be Sold Off By Adidas

The German sportswear maker Adidas AG had purchased the United States based fitness brand Reebok about 15 years ago. However in recent years the company has not been able to propel the brand enough to compete with its closest American and global rival Nike.   This has now prompted the German...

Trump’s Threats On TikTok Recedes With His Exit, Firm’s US Ad Business Picks Up

It was just last July that the business prospect of the Chinese owned short video sharing app TikTok looked bleak in the United States under threat from the former president Donald Trump who accused the app of being a front for the Chinese government.   Advertisements on the app were stopped...

BHP Quotes Strong China Demand For Its Dividend Bonanza

With increased demand for iron ore from China in recent months, the top metal user of the world, to support the country’s push in infrastructure development, there was a surge in the price of the raw material which helped Australia’s mining giant BHP Group to report its best profit for its first...

Both Jaguar And Land Rover Brands To Become All-Electric Starting 2025

The bold and new ‘reimagine’ strategy of Jaguar that is designed to revive the fortunes of Jaguar Land Rover (JLR) will see the company becoming an electric-only brand starting in 2025.   This target for the British company that is currently owned by India’s Tata Motors group was set under...

Prior To EU Law On Gig Workers, Uber Defends Classification Of Its Drivers As Contractors

With the regulators of the European Union are considering framing and implementation of new rules and regulations for protecting the workers engaged in the gig economy, the ride hailing company Uber has urged the EU regulators to consider and recognise the value that is added to the economy in the...

Not In Talks With Apple For Autonomous Car Project, Says Japan’s Auto Maker Nissan

After there were reports recently claiming that the United States based iPhone maker Apple Inc had approached the Japanese auto company Nissan Motor Co Ltd to negotiate on a deal for a partnership on its autonomous car project, the Japanese auto maker said on Monday that it is not in any form of...
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