Transportation
Ford’s Electric Vehicle Unit Forecasts $3 Billion Loss in 2023
Ford expects to have 2023 along the same lines, with adjusted earnings of $7 billion for...
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Boeing strikes deal with Saudi Airlines, sells 78 Dreamliner planes in a $37 billion deal
Boeing aircraft orders are valued at nearly $37 billion and are unsure if it included the...
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Mediterranean Shipping Company (MSC), Betting On A Bounce Back In Global Trade, Amidst Recession Talks
Mediterranean Shipping Company (MSC), the world’s biggest sea cargo line, signaled that it has an optimistic...
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Break-Through In The Aviation Industry As ZeroAviva Flies The World’s Largest Hydrogen Aircraft
ZeroAviva is currently working on a 2.5-MW powertrain that is designed for aircraft with 40-80 seats...
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BYD ties up with Sime Darby Motors in a $113 million deal, enters the Malaysian market
BYD currently has an expanding list of countries and regions which the company adds to its...
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Panasonic Energy to build a new battery plant in Kansas; aims to initially produce 30 GWh
Panasonic’s Kansas facility aims to begin mass production by March 2025 to meet North America’s growing...
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Audi partners with Sauber for Formula 1 entry starting in 2026
The current partnership will see Sauber competing as the Audi factory team from the year 2026,...
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Volkswagen Group will invest $2.4 billion in China autonomous driving venture
CARIAD will hold a majority stake of 60% Volkswagen AG’s software entity CARIAD with China’s Horizon...
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Udrive unveils ‘Udrive car rental stations’ in collaboration with DWTC to provide exclusive mobility in the region
Udrive,the first car-sharing provider in the Middle East that provides car rental by the minute, today...
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Oman-Etihad Rail Company: A new $3bln venture by Etihad rail and Oman Rail
Oman-Etihad Rail Company will be an equally owned and jointly established company by Etihad Rail and...
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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
