Tesla’s share prices which nearly halved in the opening months of 2019 have since rebounded 140 per cent to value over $80bn. In the latest quarter, Tesla has delivered over 367, 500 cars in 2019 up 50 per cent from the previous year and topped all Wall Street expectations. Shares in the company surged 5.5…
Lebanon confirmed it had received an international wanted warrant notice from Interpol for the sixty-five-year-old ex-Nissan boss Carlos Ghosn, who has French, Lebanese and Brazilian citizenship. Interpol’s red notices are used to request law enforcement agencies to arrest a fugitive. Ghosn was facing trial in April on financial misconduct charges, which he denies before he…
Google has overhauled its global tax structure and consolidated all of its intellectual property holdings back to the US, putting an end to the winding-down of a loophole estimated to have saved the US groups hundreds of billions of dollars. The company said this week that the move was designed to simplify its corporate tax…
Carlos Ghosn, a Brazilian born French businessman of Lebanese ancestry, who served as the CEO of Michelin North America, Chairman, and CEO of Renault chairman of AvtoVAZ chairman and CEO of Nissan and chairman of Mistubishi Motors Fled from Japan by using one of the 2 French passports and Lebanese ID, entered Lebanon, confirmed by…
In London thousands of people lined the Thames as over 12, 000 fireworks lit up the capital’s skyline, as revellers across UK have ushered in the start of the new decade. Edinburgh hosted the UK’s “biggest street party” for a Hogmanay party. Firework also lit up Manchester, Cardiff, Newcastle, Inverness and Nottingham skyline. Big…
Sir Bryan Thwaites, a 96-year-old educationalist professor whose £1.2m scholarship scheme for poor white boys was backed by state-school head teachers, the scheme was rejected by elite schools amid fear of racial discrimination. Sir Bryan offered to leave the money in his will so that children could follow in his footsteps with scholarships to Dulwich…
Huawei has reported sales surge by 18 per cent compared to 19.5 per cent in 2018, shrugging off the intense effort by Trump administration to weaken the Chinese technology group and shut it out of western markets, as it shipped 240m smartphones in 2019 up from 206m the previous year. After the US banned exports…
Essilor Luxottica, the world’s biggest maker of frames and lenses has discovered “fraudulent financial activity” at one of its Thailand plants that could result in £163m ( €190m) to the Franco-Italian eyewear group. Essilor International, had “mobilised resources” to put an end to the fraudulent activities and launched an investigation and taking all possible actions…
Zojila pass One of Asia’s longest tunnel 14km long, the $1bn Zojila tunnel, linking the fertile Kashmir Valley with the deserts of high-altitude Ladakh, providing a vital supply corridor for India’s armed forces, and economic lifeline to locals cut off by snow in the winter and a boom to tourists visiting the region’s mountain peaks.…
The Bek Air passenger has crashed in Kaxakhstan at 07:22 (01:21 GMT) killing 12 people leaving dozens of survivors. The Fokker 100 aircraft was flying from Almaty – Kazakhstan’s largest city to the capital Nur-Sultan when it smashed into a building just after take off with 93 passengers and five crew on board. The…