The Solar Industry Association has called the tariff increase a "threat to the industry". According to Bloomberg, a group of US companies has warned that the duties, which the US Department of Commerce plans to impose, will hurt the industry. The Solar Energy Manufacturers Association estimates the...

Mastercard Inc. announced its entrance into the purchase now, pay later service industry on Tuesday even as this sector of the finance industry poses a threat of erosion of the dominance of credit cards as the primary method of payment.   During the Covid-19 epidemic, the buy now, pay later...

Following a recent panic purchasing by customers in the United Kingdom, the government has announced it would be suspending competition rules to allow oil companies to better target gasoline delivery at gas stations that need the fuel.   Officials stated that the change will make things...

Alibaba has invested in Ninja Van, a logistics company operating in Asia. New funding round could lift the startup's valuation well above $1bn. Alibaba has invested in Singapore-based logistics startup Ninja Van. The company said in a statement that it raised $578 million in Series E funding, with...

Nike, the United States based sport wear giant, and Costco, the US based retailer, have both warned of shortages and delays of products as a result of global supply chain issues.   Nike announced that the manufacturing and distribution of their shoes will be affected until next spring...

In recent years, a number of fashion and luxury brands and houses have stopped using animal fur in line with demands from customers and in response to wider calls for making ethical and sustainable clothing and accessories and the latest fashion brand to join this list is France’s Kering which...

On Thursday, the White House pushed automakers, chip firms, and others to share information on the ongoing semiconductor crisis, which has caused production cuts in the United States, and to take the lead in resolving it.   Gina Raimondo, Secretary of Commerce, and Brian Deese, Director of...

The software that was used by Volkswagen AG's to modify the temperature and altitude of pollution emissions is prohibited unless it prevents potentially dangerous abrupt engine damage, according to an adviser to the EU's highest court on Thursday.   If the finding upheld by the Court of...

It is less likely that those borrowers who apply for "buy now, pay later" or any other point-of-sale financing offers will pay down their credit card bills compared to the general public, according to TransUnion.   According to the findings of a recent study, credit card lenders may not have...