India by far has the world’s largest backhoe loader market, with over 37,000 machines sold in 2021. At times in the recent past, a greater number of backhoe loaders have been sold in India than the rest of the world combined. Customers have traditionally favoured machines with an engine of 75 horsepower. Although the introduction […]
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bp has opened its first ultra-fast-charging facilities in Germany aimed at medium and heavy-duty electric trucks to support the decarbonisation of the sector, where carbon dioxide emissions have increased on average of 2.2 percent annually since 2000. Operated by Aral brand of bp, the retail site at Schengenheim in the region of Rheinland-Pfalz, Germany now […]
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A senior official of TCS said the company expects the 1-billion dollars retail sector business in the United Kingdom and Europe to outpace the overall revenue growth on the back of strong demand for IT services. TCS announced a multi-million dollar deal with Marks & Spencer, with which TCS has been working for more than […]
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Because of high operating costs, Amazon will raise the price of its Prime service for customers in the United Kingdom. From September 2022, the monthly subscription price of Amazon Prime will go up 1 pound to 8.99 pounds, and the annual membership will increase from 79 pounds to 95 pounds. Amazon said the price increase […]
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Bloomberg’s survey results indicate that some Asian economies will face the risk of Entering recession as a result of central banks raising interest rates in response to rising prices. The survey has predicted a downturn in Sri Lanka in the next financial year. According to survey, the crisis-torn Sri Lanka has an 85 percent chance […]
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Google Cloud and the Monetary Authority of Singapore (MAS) are teaming up to drive the growth of technology-enabled climate finance solutions in the region of Asia over the next three years. The Point Carbon Zero Programme, which was launched by the MAS and Google Cloud, mainly aims to bolster access to data related to climate […]
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United Kingdom and French satellite operators OneWeb and Eutelsat announced plans to merge and creating a global champion in broadband internet, with rival US giants like Starlink of Elon Musk. OneWeb and Eutelsat said in a statement that they have signed a memorandum of understanding to join forces to become a leading player in connectivity […]
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Finn Partners, a global independent marketing and communications agency, announced that SPAG, a health-sector communications and marketing company headquartered in Asia, has joined Finn Partners. SPAG, has offices in Delhi, Bangalore, Indonesia, Mumbai, Malaysia, Singapore, and the Philippines. Aman Gupta, founder and managing partner of SPAG, has now joined Finn Partners as a managing partner […]
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Swire Coca-Cola Limited, a subsidiary owned by Swire Pacific Limited, will now acquire Coca-Cola subsidiaries with bottling businesses in Cambodia and Vietnam. With young demographics, the increasing urbanization and pre-pandemic GDP growth of more than 7 percent per year, and both Cambodia and Vietnam had open up significant opportunities for Swire Coca-Cola. Swire Coca-Cola, which […]
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According to a report, Ford Motor Co. is getting ready to cut around 8,000 jobs in the coming week to help fund its push into electric vehicles. The sources familiar with the plan, said the job cuts will come mainly in the newly developed Ford Blue unit that produces gasoline powered vehicles, and several other […]
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