The Asia’s super economic power China is competing behind the united states after following late notable leader Deng Xiaoping remarkable the “reform and opening up” policy. Four decades after the policy was introduced, the following changes took place in Chinese history. The Chinese economy multiplied 42 times between 1980 and 2017, increasing from$305 billion to… Read More »
The US-based aircraft manufacturer Boeing Co, opened their first completion unit at Zhoushan, China on 13 December 2018. This factory was opened with the aim to lead ahead in sales over its rival Airbus. The leading aviation industry with $2.7 trillion opportunities in China is not a small business which any company wants to miss.… Read More »
Online food delivery app Swiggy has been approved of $660 million by Nasper. The South African media giant Nasper is operating in more than 130 countries. Chinese internet major Tencent is also jointly investing in the venture. Nasper has a 31% stake in Tencent. This is the third round of investment for Swiggy. Larry Illg,… Read More »
Space X has delayed the launch of a new GPS satellite, advanced GPS III SV01 citing weather conditions on Dec 20, 2018. Next generation advanced GPS III SV01 for US air force was scheduled to ride on a Falcon 9 rocket at 9:03 a.m. EST (14:03 GMT). Bad weather conditions including Thunderstorms, rain, and hail… Read More »
The dream of making lithium battery rechargeable due to its high theoretical energy density and their less weight came true. The chemist from the University of Waterloo successfully solved the issues of chemistry and stability. Thus they have created a near 100 percent coulombic efficient working rechargeable battery. Based on their study, they found four… Read More »
Swiss-based engineering company ABB is selling its 80% stake from power grid business to Hitachi. The deal is worth $11 billion dollars. Hitachi is a Japanese company into power grid business will become a major player after the acquisition. $7.6 to $7.8 billion will be given to the shareholders after the deal. The shareholders will… Read More »