Saturday, December 21, 2024

Shell to Build First Big Solar Plant in Move to Power Production

Royal Dutch Shell Plc will build its first large-scale solar farm as part of its plan to expand into power generation.Shell, which has set itself a goal to become...

Bank of America builds patent mountain

Last year, Bank of America earned 418 patents from the United States Patent Office – more than in any other year in the history of the company. This represents a 31 percent increase over...

Apple now sells more watches than the entire Swiss watch industry

The Apple Watch continues to dominate the marketThe Apple Watch wasn’t just the best-selling smartwatch last year, but also put the Swiss watch industry to shame, according to new sales estimates compiled...

GSK to cut 720 jobs in Belgium

British multinational GlaxoSmithKline (GSK) has announced the aim to cut 720 jobs in its Belgian operation, based in Rixensart and Wavre in Walloon Brabant and Gembloux in Namur province.The decision was announced...

Zyxel to Showcase 5G/LTE and 10G Broadband, WiFi6 and Cyber-Security Solutions for Service Providers...

Company to Unveil Next-Generation WiFi6 Solutions Including CES Innovation Award-Winning 10G Fiber and 5G WiFi6 Intelligent Home WiFi SystemsZyxel Communications, a leading provider of secure broadband networking, Internet access and connected home products, will...

PwC UK appoints Lord Gavin Barwell as a strategic adviser

PwC, the professional services firm, has appointed Lord Gavin Barwell, former Number 10 Downing Street Chief of Staff, as a strategic adviser to the firm. Lord Barwell will work with PwC to provide insight...

Huawei chairman warns of tough year ahead

Huawei's rotating chairman Eric Xu has signalled a tough year ahead for the company, warning it may downsize or merge non-performing business units.He has also cautioned that some employees would be made redundant or...

Oman Shipping Company takes $80m loan from ADIB for new ships

ADIB’s funding enables Oman Shipping Company to purchase two more huge crude carriers for its 53-strong naval fleetOman Shipping Company (OSC) has taken a loan of $80 million from Abu Dhabi Islamic Bank (ADIB)...

BMW beats Mercedes in US sales for first time since 2015

Mercedes was meanwhile hamstrung by supplier bottlenecksBMW AG outsold Daimler AG’s Mercedes-Benz in the US for the first time in four years after blowing out its rival in the final month of 2019.BMW sold...

China threatens Germany with retaliation if Huawei is banned

The Chinese government threatened Germany with retaliation if it excluded Chinese vendor Huawei from 5G contracts in the European country, Bloomberg reported.“If Germany were to take a decision that leads to Huawei’s exclusion from the German...

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