The automaker’s annual wholesale growth has been around 24%. The company saw a 10% rise in passenger car sales during Q2 2021, as compared to the same period in 2020. Tata Motors Limited reported substantial growth in Q2 2021, wi....

With major companies considering ways to reduce carbon emissions from corporate travel, airlines are preparing for a setback in business-class travel, which is an important revenue driver according to industry experts and executives. The a....

According to reliable sources, Canada’s overworked healthcare sector is now bracing for upcoming staff shortages and potential layoffs, as the country accelerates its vaccination drive before the deadline. The development comes at a t....

The space industry is booming as new companies with fresh ideas for space-based applications take advantage of declining launch and satellite costs. Out of those firms, Rocket Lab USA bagged a contract to launch 25 satellites on five missio....

Automaker giant Tesla Inc. is reportedly planning to shift its headquarters from Palo Alto, California to Austin, Texas where it is currently building a car and battery complex. Confirming the news, Tesla CEO Elon Musk added that they will....

American multinational automotive giant General Motors Co., to its investors, said that the company aims to double its revenue by 2030 by generating profits from combustion vehicles even while rolling out EVs and new digitally powered servi....

The price rise is mainly due to high product demand coupled with distribution challenges. The escalating demands are backed by the lifting of COVID-19 restrictions in several geographies Leading food and beverage company, PepsiCo, Inc.....

Swedish automotive giant Volvo Cars is reportedly planning to raise USD 2.9 billion during its initial public offering (IPO) despite the worldwide semiconductor crisis. These funds will help the Geely-owned Volvo in its transition to electr....

Thailand’s government is reportedly in talks with U.S. Pharmaceutical giant Merck & Co. to order 200,000 courses of the company’s experimental anti-viral COVID pills. Confirming the news, the Director-general of the Departm....

The U.S. Transportation Department furloughed 3,700 employees after Congress allowed a federal highway fund authorization to lapse. Congress recently avoided a partial shutdown of the government but failed to meet a deadline to extend the ....