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Incentives For Auto Sector To Boost Exports Planned By India: Reuters Report

With the aim of doubling of exports of vehicles and components in the next five years, the Indian government is preparing to provide a host of incentives to the auto industry in the country, says a report published by news agency Reuters based on information from four sources with direct knowledge...

Global Trade Disputes Could Be Rekindled By The Pandemic

There was a relative calm in global trade and business at the beginning of the year following the Phase I trade deal between the United States and China and the agreement between the US, e European Union and Japan on new global trading rules to curb subsidies.   Then the new novel...

New US Report Warns Of Chinese Interest In Pandemic Distressed American Assets

A study prepared for a U.S. trade group and released on Tuesday issued warning for the lawmakers and policy makers of the United States to be careful while dealing with intentions and moves of China to target US assets that have been made vulnerable because of the novel coronavirus pandemic and the...

Europe Strikes Deal With AstraZeneca For Supply Of With 400 Million Vaccines Of Ciovid-19

The efforts of the European Union to secure vaccines under development for its citizens borne fruit after AstraZeneca Plc signed a contract with European governments to supply the region with its potential vaccine against the coronavirus, the British drug maker said on Saturday. This is the latest...

The Americas Hit Hardest By Covid-19, Says WHO

According to the World Health Organization (WHO), the brunt of the global coronavirus pandemic is being borne by the Americas. The WHO said that four of the 10 worst hit countries in the world are currently in North and South America.   Highlighting the issues of the pandemic in Brazil and...

Europe To Target Faulty Antibody Test Kits For Covid-19

The novel coronavirus pandemic has ignited stupendous growth in the market for antibody tests for Covid-19 within just a few months with hundreds of products flooding the world market for those who want to know whether they had already had the disease or not.   However the issue is that many...

New Research Report Predicts Surge In Sale Of Electric Vehicle For 2021

With governments around the world pushing for new programs to encourage consumers to buy battery powered vehicles, there is expected to be a surge in the sale of electric vehicles in 2010, claimed a new report by Cairn Energy Research Advisors, a research firm focused on the battery and EV...

Covid-19 Drives Demand Growth For Autonomous Delivery Vehicle Technology

The outbreak of the novel coronavirus pandemic has created a shift in the self driving car industry in the world with companies developing autonomous vehicles now focusing on delivery of packages instead of people. And the more established companies have seemingly got a head start compared to...

Columbia’s Avianca, Second Oldest Airline Of The World, Files For Bankruptcy

The economic impact of the novel coronavirus pandemic has busted another major international airline.     The Colombian airline Avianca filed for Chapter 11 bankruptcy in the United States Southern District of New York. According to a statement issued by the airline, it pinned the blame...

COVID19 travels well on credit card terminals, not on banknotes

Amidst fears of spreading and catching coronavirus, consumers are reviewing which daily gestures cause the most contamination. At first, banknotes seemed an obvious culprit. But a German Institute has dispelled that notion, and reminded that cash is a very poor vector, whereas credit card terminals...

Countries Should Support Free Trade Amid Coronavirus Pandemic, Urged IMF And World Bank

Countries should keep their trade open amid the novel coronavirus pandemic, the International Monetary Fund (IMF) and the World Bank has said, and warned that countries doing so could face counterproductive consequences of such polices. The current global scenario is not at all conducive to...

Case Of Overcharging Filed In US Against Restaurant Food Delivery Companies

Some of the most well known global good delivery app companies including GrubHub, DoorDash, Postmates and Uber Eats, were taken to court over allegations that the companies were using their dominant position in the restaurant meal deliveries segment to impose fees that are being borne ultimately by...
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