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GoAir makes part payment of Rs 15 cr to clear AAI...
Domestic carrier GoAir has made a partial payment of Rs 15 crore to Airports Authority of India (AAI) after the operator asked the airline...
Daimler to invest $2.9 billion for next generation diesel engine
Daimler (DAIGn.DE) said they will spend 2.6 billion euros ($2.9 billion) by 2019 on developing next generation diesel engines to help the luxury carmaker...
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Dollar scarcity: Manufacturers turn to local raw materials
NIGERIA: The scarcity of foreign exchange has forced some manufacturers to look inwards for raw materials, investigation has shown.
Manufacturers who spoke to our correspondent...
Low oil price to hit all sectors as Gulf economies slowdown
Abu Dhabi: The drop in oil prices will be felt all across the sectors, experts said as the UAE banks report less profits and...
US Congress and Executive impasse shuts down government for 33 days
The US Government Shutdown has entered its fifth week – thirty-three days to be precise. How did this shutdown occur, which has led federal...
What we talk about when we hate on ‘Wall Street’
Is your local bank part of Wall Street? What about your mortgage or car-loan issuer? Your credit-card company? Your life insurance carrier?
With a populist...
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Apple hires former Tesla VP
Tesla Motors has lost another employee to Apple.
Electric vehicle news site Electrek reported that Apple has hired Chris Porritt, former vice president of vehicle...
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