China backed electric and autonomous vehicle startup Faraday Future has unveiled its first concept car, ‘FFZERO1 Concept’, a self driving Batmobile style car capable of producing up to 1,000hp. The car is powered by 4 Quad ...
China will continue to be a driver of global economy as it has sufficient investment opportunities and internal resources, a leading Chinese economist said Tuesday. "China will continue to grow economically and continue to be the main ...
Myanmar authorities announced Wednesday that a consortium of six foreign group companies, led by China's CITIC, has won the bid for implementing two projects of the country's newly planned special economic zone (SEZ) in Kyaukphyu, western ...
Tags: Six-Company, Implementing SEZ
DFS-owned contemporary furniture retailer dwell continues the second phase of its nationwide expansion with the opening of a new concept store in Oxford over the Boxing Day weekend. Creating nine new jobs in the area, the 5500 sqft space ...
Tags: DFS-owned contemporary, furniture
Call it a tale of two sectors -- China's slipping manufacturing and flourishing service sector have defined the country's economy. The Chinese economy is undergoing heavy restructuring as it slowed to a six-year low of 6.9 percent in the ...
Tags: economy, service sector, manufacturing
Electric vehicle startup Faraday Future has selected North Las Vegas in Nevada to set up its proposed factory, with first car set to roll off the plant in 2017. The company previously announced that it was considering sites in California, ...
Tags: CES electronics show, electric highway, EV
A report from Envision New Zealand revealed that grants from government to boost beverage container recycling have failed to reduce packaging waste in New Zealand. The InCENTive to Recycle report is calling for the reintroduction of a ...
Infiniti has started the production of its Q30 crossover car at its parent company, Nissan’s Sunderland UK plant. The Q30 is the brands first vehicle to be manufactured in Europe, which is a strategic move by the company to ...
Tags: Infiniti, Motorcycle
Porsche is planning to spend around €1bn on its main site in Stuttgart-Zuffenhausen, Germany to build the company’s first all electric race car Mission E. The investment will result in the creation of 1000 new jobs and it ...
Tags: Porsche, electric race car
Grand River Foods has received funding worth $1.3m from Ontario to expand its processing facility in Cambridge, Canada. In addition to the funds it received from the Ontario Government, Grand River Foods will invest $13m in the ...
Tags: Grand River Foods, beef, pork, vegetables
Ford is planning to invest $1.3bn on its Kentucky Truck Plant to support the launch of the all-new 2017 Ford F-Series Super Duty truck. The company said that the investment is being made to build a new body shop, as well as to upgrade and ...
British automaker Jaguar Land Rover is planning to double the size of its Engine Manufacturing Centre (EMC) in Midland, UK by investing £450m. The company opened the 100,000m2 facility last year with an investment of £1bn ...
German automaker Daimler’s Trucks division is planning to invest $475m in the Detroit area for the development to diesel engines for medium duty trucks. The assembly will take place under the roof of the company's Redford plant that ...
Multimedia and consumer electronic company Thomson, which left the Indian market in 2004, is returning to the market through its LED TV subsidiary, according to Indian media The Financial Express. Thomson is a subsidiary under the French ...
Spot gold was trading at three-month lows Monday morning, below $1,100/oz on COMEX for the first time since August on a strong US dollar, boosted Friday by strong US jobs data. Data showed Friday 271,000 new jobs were created in the US in ...
Tags: Gold, US economy