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A Future Of Driverless Cars Not Very Far Away

A taste of the feeling of sitting in driverless vehicles was available to the visitors to the Winter Olympic Games in Pyeongchang in February as South Korean auto manufacturer Hyundai released a fleet of such busses especially for the games.   For those who have not been that fortunate, a...

There Are More Than 800 Dead Cryptocurrencies And 70 Fall In Bitcoin Since End Of Last Year

About 800 of the cryptocurrency projects that had cropped up throughout the world during the last one and half years are now effectively dead which have forced analysts and investors to begin comparing the current digital coin boom and the dotcom bubble which tormented the markets in the early...

Meats Processing Industry Warns Of Shortage Due To Shortage In CO2 Supply

Warnings of a likely shortage of meat in the UK market have bene sounded by the processing industry because supplies of carbon dioxide (CO2) might not begin regular services until another two to three weeks.   Because of longer than expected shutdowns of ammonia and ethanol plants in the UK...

Accountancy Firm PwC Does Away With Landlines In Favor Of Mobile Phones

Landlines at eth office desks at accountancy firm PwC is being removed and it is expected that by this summer, all of the employees in the company would be using only mobiles in the UK.   The switch to mobiles would be "more efficient", said the company that has about 18,000 staff working...

US Demand Of Stopping Import Of Iran Oil Likely To Be Ignored By India Imports

The demands of the United States to reduce oil imports from Iran to zero would unlikely be adhered to by one of the biggest purchasers of Iranian oil.   Referring to the threat that the United States has given of imposing sanctions on the countries that continue to purchase Iranian oil after...

UK Car Industry Warns 860,000 Jobs At Risk Due To Brexit Uncertainty

About 860,000 jobs would be put at risk in the UK car industry as it feels that it has “no Brexit dividend” for itself and jobs would be lost if the government does not “rethink” its red lines in Brexit negotiations, the industry has warned.   “There is no Brexit dividend for our...

AXA CEO Lists Future Major Changes For Insurance Industry

The times when insurance meant financial compensation are no more and this is a challenge that a top industry executive says he is finding it hard to cope up with.   This sentiment was expressed by AXA’s chief executive for international and new markets, Benoit Claveranne. It has been only...

Oliver Wyman Report Predicts Turbulent Times In The Future For Global Automotive Industry

According to a new Oliver Wyman report titled “Future Automotive Industry Structure – FAST 2030” has identified seven trends that will drastically change the automotive industry and the car itself and the manner in which they will be created and used.   The seven trends that have been...

Losses Reported In U.S. Agricultural Commodities, While Trade Tensions Increase

The result of a massive selling off that was triggered by escalating trade tensions was the lowering of the Chicago Board of Trade (CBOT) agricultural commodities by more than one percent in the past trading week that ended June 22.   There was a fall of 1.21 per cent or 11 cents weekly in...

Despite National Team's Absence, Israeli Companies Leave Impact At Football World Cup

While its national football team has no role to play in the ongoing football World Cup in Russia, one of the companies from the country is playing an important role in the tournament that is amongst the most widely watched sports even tr in the world. That company is Mtech Israeli and employees in...

VW Diesel Scandal Results In Arrest Of Audi CEO In Germany

The emissions cheating scandal at Volkswagen (VW) has now resulted in the arrest of one of its senior most executive by German investigators. The CEO of German Brand Audi – the luxury car brand of VW was arrested on Monday over the scandal in Germany.   VW has now been plunged into a...

Quantitative Easing Program Of ECB To Come To An End By 2018

Following its confidence that there has been significant progress made for achieving a sustained adjustment in inflation in eurozone and one which is also sustainable, the European Central Bank (ECB) announced its decision to completely end its huge asset purchase program that was a part of the...
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