Toshiba announced acquisition of an additional number of shares of bankrupt company Westinghouse Electric, because of which the Japanese conglomerate suffered huge losses. The National Atomic Company of Kazakhstan Kazatomprom will sell a 10% stake in Westinghouse Electric for 59 billion yen ($ 522...

Slightly relaxing an earlier plan to launch the rules from next year that had left global automakers worried about being able to comply, China has set a deadline of 2019 to impose tough new sales targets for electric plug-in and hybrids vehicles.   China’s industry ministry said in a...

Traders of cryptocurrencies in China say that the market is far from dead, even as a chill was cast over the cryptocurrency industry just weeks ago when Beijing banned fundraising through token launches and ordered some bitcoin exchanges to shut.   Traders have now moved to buy and sell...

To calculate the brand value, the agency analyzes financial forecast of companies, as well as indicators such as "brand role", "brand power". As a result, analysts receive a value that can be compared with the value of other brands. Below are the top 15 most expensive car brands. In general, their...

It became known that, following the experience of China, South Korea also tightened its attitude towards ICO and crypto-currencies. The regulator said on Friday that from now on, raising funds through the initial placement of tokens will be banned. The Commission for the Supervision of the...

The trade union Ver.di wants to get guarantees for the safety of at least 80% of jobs in the bankrupt Air Berlin after the sale of its business. Appropriate negotiations with applicants for the purchase of the German aircraft concern are already being conducted. Ver.di demands a collective...

Work on the development of an electric car to be launched by 2020 is being conducted by the company of James Dyson, the billionaire British inventor of the bagless vacuum cleaner, the businessman said.   The expertise on solid-state battery technology and electric motors to be found in his...

Amazopn.com’s Echo Show devices could no longer play videos from YouTube because the site’s parent, Google, stopped supporting the service, the company said recently in what is being described as a rare public feud between large technology companies.   Competitive tensions standing in the...

With consumers opting for renewable energy sources and with the energy market being increasingly accomodative towards renewables, Royal Dutch Shell is strategically positioning itself to tap this burgeoning market to co-develop “models to help customers manage their energy use better”. p {...