While there is a growing demand for private jets by wealthy passengers trapped in China to try and get out, the travel bans imposed by the Chinese government and a nervous crew have prevented the demand from turning into good business. The rapid spread of the coronavirus and the suspension of...

The American manufacturer Tesla is recalling 15,000 Model X SUVs due to a possible problem that could lead to loss of control over the power steering, Reuters reported with reference to the National Highway Traffic Safety Administration (NHTSA) and the Department of Transportation of Canada. 14193...

Amid the problems of the American company, its French competitor Airbus received 274 orders. Boeing's troubles began after two disasters involving 737 MAX airliners and the investigation that followed. In January, the American Boeing Corporation did not receive new orders for aircraft. This...

Companies that have been affected financially by the rapid spread of coronavirus in China can avail loans worth a total of 20 billion yuan or $2.86 billion with special treatment and much more better terms for companies that are located in Hubei province of China. These loans will be offered by the...

A number of recently published research reports forecast a sharp drop of almost 50 per cent in the sale of smartphones in China in the first quarter because many of the retail stores and shops have been closed as well as the temporary shutdown in the production units – many of which continue to...

Due to the shortage of medical masks, Asian businesses is forced to re-profile its production facilities. Now, oil companies, car companies and even Apple are producing coronavirus protection products. The shortage of medical masks is forcing Asian manufacturers - from automobile companies to...

According to the forecasts of the LearnBonds financial portal, the global industry of automated robotic investment advisers (robotic advisers) this year will reach $ 1.4 trillion, which is an increase of 47% from last year. By 2023, the industry will reach $ 2.5 trillion due to the constant growth...

In what is being seen as the beginning of the war over high speed internet across the globe between the space internet companies OneWeb and SpaceX, the former successfully launched and put into orbit more than 30 satellites designed exclusively for facilitating internet connections.   ...

Fear of the fast spreading coronovirus could keep Chinese workers of Amazon.com Inc sellers away from work for longer which could result in shortage of products for the sellers.   A Reuters report mentions about Brandon Young, owner of a company that sells portable Apple Inc watch chargers...