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Virus-Related Supply Issues Could Affect Toyota’s Production, Says The Firm

The spreading of the coronavirus outbreak to multiple countries outside of China could impact the supply chain of the company, Toyota Motor Corp said on Wednesday, which would in turn impact the operations in its factories in Japan. The auto maker predicted that the disruptions in its supply chain...

Panasonic To Divest Its Partnership With Tesla For US Solar Plant In Buffalo

The strategic partnership that the Japanese firm Panasonic had struck with the United States based electric car maker Tesla as the sole and exclusive supplier of car batteries to for the Tesla cars is nearing its end and this was evident in the decision of the Japanese firm to exit solar cell...

US Firm Deere To Partner With Tractor-Hailing Tech To Create Headway In Africa

In Africa, where farmers are able to hire a tractor with the touch of a button, United States firm Deere & Co. is partnering with the "Uber of tractors" in the continent to drive up sale for its tractors.   The ride hailing like service for tractors in Africa is offered by startup Hello...

Amazon Brings In Its Cashier-Less Tech To Its Newly Launched Larger Grocery Stores

World’s largest e-commerce company Amazon plans to expand more by introducing its cashier-less store technology to larger stores.   Amazon opened its ‘Amazon Go Grocery’, a physical store in the Seattle’s Capitol Hill which will be four times larger than the first cashier-less location that...

Google Illegally Collected School Kids' Personal Data Alleges New Mexico AG, Files Suit

Based on allegations that the educational software from Alphabet Inc’s Google search engine gathers personal data about young students without the required explicit parental consent, a law suit was filed against the company by New Mexico Attorney General Hector Balderas on Thursday.   In...

Saudi Export Ban Will Not Affect 2020 Growth, Predicts BAE Systems

The possible future impact of recent German ban on arms exports to Saudi Arabia could be offset by increased defence spending and Britain’s BAE Systems is in a good position to take advantage of it, the company said while forecasting another year of growth for 2020.   The company’s earnings...

Google’s Fitbit Acquisition Faces Regulatory Hurdle, EU Privacy Body Warns Of Privacy Risks

The proposed acquisition of the fitness trackers company Fitbit by Alphabet Inc-owned Google could face a problem after the European Data Protection Board (EDPB) issued a warning that this deal, which is worth about $2.1 billion, could pose risks to security of users. This warning adds on the...

1,500 GM Staff Will Loose Jobs In Thailand After Deal With Great Wall Motors

After the United States auto giant General Motors announced the sale of its business in Thailand earlier this week to the Chinese car maker Great Wall Motors, the company has now said that after the deal is complete it estimates that there would be about 1,500 job losses in its factory at Rayong in...

Angered Shareholders Question Nissan CEO Competence Who Puts His Job On The Line Against Recovery

Nissan, Japan’s second biggest auto manufacturer, is currently struggling with slowing demand for its vehicles and consequent lower revenues and profits – ever since the scandal surrounding its former boss Carlos Ghosn. While the company has claimed to have initiated a turnaround plan, it does not...

Apple Issues Revenue Warning For Q1 Due To Coronavirus

In what was the second time in about a year as well as in its entire history, a revenue warning for the current quarter was issued by the tech giant Apple. The company said revenues and profits for the first quarter is likely to fall because of disruption in supply and production due to the...

General Motors To Shut Operations In Australia, NZ And To Sell Off Its Thai Plant

United States based auto giant General Motors Co is leaving more markets apart from its home market and China.   The company has announced that it will stop sales, design and engineering operations in Australia and New Zealand while also stop production of its Holden brand by 2021.  ...

China’s Central Bank To Disinfect And Destroy Currency Notes To Prevent Virus Spread

A new strategy has been implemented by the central bank of China to contain the spread of the deadly coronavirus.   The People's Bank of China said that currency notes that are potential infected by the virus would be subjected to deep cleaning or destroyed completely to prevent further...
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