The largest exporter of the United States has set up its first foreign factory.    Airplane maker and aerospace giant Boeing has officially declared open its first foreign factory in China which is a completion and a delivery center for its 737 planes. The factory is situated in the...

Following a recent ban by a Chinese court on sale of its iPhone model in relation to a patent violation care filed by chip maker Qualcomm, iPhone maker Apple Inc now claims to have created a software solution that would enable it to address the possibility of a sale disruption because of the ban...

Google is in no current discussions on launching customised search engine platform in China, while the option is still under study. As the “big tech firms” continue to come more and more under scrutiny, the C.E.O of Google, Sundar Pichai addressed a “congressional panel” in the U.S. whereby...

The international energy agency said that the global oil market may face a deficit earlier than expected, thanks to an OPEC + agreement and Canada’s decision to cut supplies, Reuters writes. In its monthly report on the oil market, IEA left the growth forecast for world demand for 2018 and 2019...

After an almost month long drama over the arrest of the former chairman of the of Japanese car maker Nissan Carlos Ghosn over allegations of financial misconduct, at the centre of that controversy is an apartment in Rio de Janeiro in Brazil which reportedly has cash, art works and some personal...

Shockwaves have run through China after the news of the arrest of the chief financial officer of the Chinese electronics giant Huawei - Meng Wangzhou, who is also the daughter of the founder of the company Ren Zhengfei.   Huawei is based in China and is considered to be the flag bearer of...

Global tech companies have expressed serious concerns about data privacy risks over the new Australian regulation that grants power to government agencies to demand information within encrypted messaging services such as iMessage and WhatsApp.   Australian lawmakers last Thursday passed the...

At least 18 of General Electric Co’s newest gas turbines, from Taiwan to France, is being shut down for repairs, reported news agency Reuters quoting information from more than a dozen plant operators and industry experts.   This development was preceded by failure of the GE turbine blade in...

The successor of the beleaguered former chairman of Japanese automaker Nissan - Carlos Ghosn, is yet to be finalised by the car maker following the arrest of Ghosn on November 19 on charges of financial misappropriation under the Japanese law.   While the independent board members of the...