Ford recalls over 19,000 F-Series Super Duty units for risk of a crash
Jun 16, 2021 06:32 am UTC| Business Economy
Ford Motor issued another recall and this time it is for the select 2021 F-Series Super Duty trucks. It was reported that more than 19,000 units of the said vehicle model are impacted by the latest recall...
General Motors, Wabtec signs deal for supply of electric batteries and hydrogen fuel cell
Jun 16, 2021 06:07 am UTC| Business Economy
General Motors just signed a deal with Wabtec Corp. for the supply of electric batteries and hydrogen fuel cell systems for the latters locomotive fleet. This agreement effectively extends GMs business outside of the...
Appeal court affirms $3 billion ruling for HP against Oracle
Jun 16, 2021 05:26 am UTC| Economy Law
The California Court of Appeal affirmed a 2016 verdict finding Oracle liable for $3 billion for violating agreements on settlement and software development with Hewlett-Packard Co. The 2010 settlement resolved a trade...
US, EU end Airbus-Boeing dispute to focus on threat from China
Jun 16, 2021 04:56 am UTC| Economy Business
The US and the EU have resolved a long-running trade dispute over subsidies to Airbus and Boeing, as both sides put more emphasis on countering Chinas rising economic influence. Both sides will each release statements...
Lordstown Motors’ stock takes a dive after losing its CEO and CFO
Jun 15, 2021 10:46 am UTC| Business Economy
Lordstown Motors has been struggling with the business for some time now and rather than getting better, it seems that the company is experiencing more issues. Things are getting worse especially now that it was reported...
Moderna recruits former Johnson & Johnson executive Paul Burton to be its medical chief
Jun 15, 2021 09:25 am UTC| Business Economy
Moderna has assigned its new chief medical officer after recruiting a former Johnson Johnson executive. It was reported that effective on July 6, Dr. Paul Burton will be joining the American pharmaceutical and...
Ferrari launches luxury fashion business
Jun 15, 2021 08:35 am UTC| Business Economy
Ferrari is widely known to be a luxury sports car manufacturer. The Italian company may not be solely known for its sports cars anymore as it recently ventured into a new kind of business, and It involves...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight