With rising uncertainty and tourists being deterred from booking trips abroad because of new quarantine rules and warnings over rising infection rates, the recovery plans for the travel industry of Europe has was hit in August after it surged in the previous month.   With Europeans starting...

The United States based package delivery company, FedEx Corp, was urged by the union that represents its pilots to temporarily suspend all operations to Hong Kong after it was reported that some of the pilots of the company, who are also members of the union, were put through “extremely difficult...

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...

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...

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...

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...

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...

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...

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...

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...

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...