Saturday, April 17, 2021
German carmaker BMW is planning to step up its production of electric vehicles. Chief Executive Oliver Zipse said that between 2021 and 2023, the carmaker would build a quarter of a million more electric cars than originally planned. He added that BMW wants roughly every fifth car it sells...
Apple is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, an insider told Reuters. Project Titan, the iPhone maker’s automotive project, has treaded a rocky road since 2014 when it first started to design its...
As we approach the finishing line of 2020, it is becoming more apparent who the biggest winners and losers are within the business world. Despite everything which has happened, certain unexpected industries have come out on top, while many other obvious choices have been hit hard. IBIS, an industry research...
A 90-year-old woman has become the first person to be given a Covid jab as part of the mass vaccination programme being rolled out across the UK. Margaret Keenan, who turns 91 next week, said it was the "best early birthday present". She was given the injection at 06:31...
UK approves Covid-19 vaccine, first in the world Britain on Wednesday became the first country in the world to approve the Pfizer-BioNTech Covid-19 vaccine for use and said that it will be rolled out from early next week. "The government has today accepted the recommendation from the independent Medicines and Healthcare...
The International Air Transport Association (IATA) has revised its outlook for the airline industry, saying that deep losses will continue into 2021, even though performance is expected to improve over the period of the forecast. IATA expects the global airline industry to record a net loss of US$118.5 billion this year deeper...
Digitalisation and innovation are key for SMEs survival as the travel industry emerges from Covid-19’s impact according to a report by the Pacific Asia Travel Association (PATA), revealed at the World Travel Market. PATA’s research report “The role of Online Travel Agencies (OTAs) in supporting Asia-Pacific SMEs in Recovery” aims...
Scaling a business is not easy, especially in a post-Covid-19 business environment. High demand is great, but one of the biggest pitfalls for new companies is the inability to keep up with growing demand. If you lag behind in servicing your customers, you will find that those customers won’t...
With the COVID-19 pandemic keeping people indoors, It comes as no surprise that smartphone and computer usage has skyrocketed in the past few months. According to Statista, up to 70 percent of internet users worldwide has reported an increase in their mobile or smartphones amidst the pandemic. As anxieties surrounding...
Many may be forgiven for not taking any chances during these uncertain times. The COVID-19 pandemic has done more than disrupt supply chains and ruin business. It has led to thousands of lay-offs and furloughs. It is no wonder that many potential new entrepreneurs are hesitant to leave behind...
The International Monetary Fund (IMF) said that public investment should play a “central role” in the recovery of both emerging and advanced economies from the coronavirus downturn. Ahead of its fall meetings, the IMF added that stepping up such spending with interest rates low globally could “create millions of...
Chinese start-up WM Motor Technology Group said on Tuesday that it had completed a 10 billion yuan (US$1.5 billion) round of fundraising, riding the wave of investor enthusiasm for electric vehicle makers. The Series D round of financing was led by a Shanghai state-owned investor group, including SAIC Motor....

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