India’s external sector support which India enjoyed in the last two years is set to diminish. Record trade deficit in April-May of $43.7 billion coupled with soaring oil and commodity prices are expected to push India’s current account in deep deficit in the coming quarters. FY’22 current account balance which are expected to be released… Continue reading Expect higher CAD in the coming quarters
Tag: Possible_Terrorism_Warfare
‘The return of banditry’: Russian car industry buckles under sanctions
‘The return of banditry’: Russian car industry buckles under sanctions Prices have spiralled out control since invasion of Ukraine as market struggles to adapt Russia-Ukraine war: latest updates A worker assembling a car engine at a production line in Vladivostok in 2018. Photograph: Reuters A worker assembling a car engine at a production line in… Continue reading ‘The return of banditry’: Russian car industry buckles under sanctions
German Handelsblatt: Forced labour: Volkswagen and slave labour: A search for clues in Brazil004478
Von der Brutalität des deutschen Autobauers Volkswagen hörte Ricardo Rezende Figueira das erste Mal, als ihn Mitte der 1970er-Jahre drei Arbeiter aufsuchten. Sie waren von einer Farm geflüchtet und schilderten ihm, der damals als Priester in der Region arbeitete, ihre grausamen Erlebnisse. Rezende war geschockt. Die Farm Cristalino war eine von mehreren Rinderfarmen, die Volkswagen… Continue reading German Handelsblatt: Forced labour: Volkswagen and slave labour: A search for clues in Brazil004478
Meta lawyers are reportedly investigating Sheryl Sandberg’s use of company resources
Meta’s lawyers are investigating outgoing COO Sheryl Sandberg amid claims she misused company resources, The Wall Street Journal reports. The paper says the investigation goes back “several years” and is scrutinizing Meta employees’ work on Sandberg’s personal projects. When Sandberg first announced her departure from the company, The Wall Street Journal reported the company was… Continue reading Meta lawyers are reportedly investigating Sheryl Sandberg’s use of company resources
Lawsuit Claims That 3D Printer Caught Fire and Killed a Man
This case could set a huge legal precedent. 3D Printer Fire Chinese e-commerce giant Alibaba is being sued by the parents of a young man who reportedly died during a fire caused by a 3D printer sold by the company. In their lawsuit, the parents of the late Calvin Yu are suing Alibaba and Tronxy,… Continue reading Lawsuit Claims That 3D Printer Caught Fire and Killed a Man
Global Light, Medium, and Heavy Commercial Vehicle Market Outlook 2022: Growth Opportunities in Emerging Markets, The EV Ecosystem, & ADAS Safety Features
DUBLIN, June 10, 2022 /PRNewswire/ — The “Global Light, Medium, and Heavy Commercial Vehicle Outlook, 2022” report has been added to ResearchAndMarkets.com’s offering. Despite COVID-19 virus surges in some places, the overall sentiment for the year remained positive. The analyst expects the global market to grow even further in 2022. All regions except for China (which… Continue reading Global Light, Medium, and Heavy Commercial Vehicle Market Outlook 2022: Growth Opportunities in Emerging Markets, The EV Ecosystem, & ADAS Safety Features
Cartier welcomed the light of summer with an unforgettable night in celebration of Clash de Cartier in Stockholm.
STOCKHOLM, June 10, 2022 /PRNewswire/ — On Wednesday the 8th of June, Cartier hosted Swedish and other Nordic guests for a grand celebration of Clash de Cartier in Stockholm. The city thrives on the duality between tradition and modernity, an inspiration it shares with the rebellious collection. Notable guests included royals and celebrities such as: HH Prince Nikolai… Continue reading Cartier welcomed the light of summer with an unforgettable night in celebration of Clash de Cartier in Stockholm.
Beware of These 2 Auto Equipment Suppliers Amid Industry Woes
The Zacks Automotive – Original Equipment industry is in the doldrums as automakers are struggling to meet the mounting demand for vehicles amid microchip crunch. This is prompting them to temporarily suspend operations and slash production targets, thereby resulting in reduced demand and lost revenues for the automotive equipment providers. Evidently, the industry currently carries a Zacks… Continue reading Beware of These 2 Auto Equipment Suppliers Amid Industry Woes
German Handelsblatt: Diesel scandal: 288 million euros are not enough: VW shareholders want to overturn comparison with Winterkorn and Co.004471
It was a record deal: Volkswagen received around 288 million euros back from former CEO Martin Winterkorn, ex-Audi boss Rupert Stadler and other former managers and insurers for breaches of duty in the diesel scandal. But many VW shareholders were not impressed. On the contrary: They attack the corporate management hard for the comparison –… Continue reading German Handelsblatt: Diesel scandal: 288 million euros are not enough: VW shareholders want to overturn comparison with Winterkorn and Co.004471
Rising interest rates spell trouble for Buy Now Pay Later business model
Reduced consumer spending, rising interest rates and trickier credit conditions spell trouble for Buy Now Pay Later lenders, raising the prospect of consolidation in the sector. Buy Now Pay Later (BNPL) firms have created one of the fastest-growing segments in consumer finance, with transaction volumes hitting $120 billion in 2021 up from just $33 billion in 2019, according to… Continue reading Rising interest rates spell trouble for Buy Now Pay Later business model