Europe
E-scooter Sharing Firm VOI Breaks Even, Raises $30 M...
Sweden’s VOI Technology is on track to make an annual profit in 2021 after breaking even in June, the first big electric scooter sharing firm to do so, it said on Thursday.
VOI, which launched in 2018...
July 16, 2020
6:39 am By Neha Mule
European Court Annuls EU’s U$15 Billion Apple Tax ...
Europe’s second-top court on Wednesday rejected an EU order to iPhone maker Apple to pay 13 billion euros (US$14.78 billion) in Irish back taxes.
“The General Court annuls the contested decision bec...
July 15, 2020
9:50 am By Neha Mule
Virgin Atlantic Agrees Private-only $1.5 Billion Res...
British airline Virgin Atlantic said on Tuesday it had agreed a private-only rescue deal with shareholders and creditors worth 1.2 billion pounds ($1.5 billion) to secure its future beyond the coronavirus cris...
July 14, 2020
1:58 pm By Neha Mule
New Legislation to Boost Battery Storage in Britain
The UK government is to change legislation to make it easier to construct large batteries to store renewable energy from solar and wind farms in Britain, it said on Tuesday.
Secondary legislation will r...
July 14, 2020
1:28 pm By Neha Mule
Britain Set to Ban Huawei from 5G, Though Timescale ...
Prime Minister Boris Johnson is set to ban Huawei from Britain’s 5G network in a landmark decision that will anger Beijing but win plaudits from President Donald Trump as the United States grapples with Chin...
July 13, 2020
4:32 pm By Neha Mule
AliExpress Russia Eyes $10 Billion Turnover by 2022-...
AliExpress Russia, an e-commerce venture between Chinese online shopping giant Alibaba and Russian partners, said it was aiming for annual turnover of $10 billion by 2022-2023, up from what analysts estimate i...
July 10, 2020
1:52 pm By Neha Mule
WHO Advance Team on way to China to Set up Probe int...
An advance team from the World Health Organization (WHO) has left for China to organise an investigation into the origins of the novel coronavirus which sparked the global pandemic, a spokeswoman said on Frida...
July 10, 2020
1:23 pm By Neha Mule