June2021
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Global light vehicle production expected to grow 50% in the Q2
Jun 30, 2021Global light vehicle production is expected to grow 50% in the second-quarter as the industry recovers from the pandemic, but supply constraints remain a challenge, data firm IHS Markit said on Wednesday. IHS estimates semiconductor capacity... -
Contracts to purchase previously owned U.S. homes rose strongly in May
Jun 30, 2021Contracts to purchase previously owned U.S. homes rose strongly in May to the highest level for that month since 2005. The National Association of Realtors (NAR) said on Wednesday its Pending Home Sales Index, based on... -
Rolls-Royce to partner with Shell to work on the development of sustainable aviation fuel
Jun 30, 2021British engineering company Rolls-Royce said it would partner with oil company Shell to work on the development of sustainable aviation fuel (SAF) in line with both their plans for net zero emissions by 2050. The pair... -
BMW established a second corporate venture fund
Jun 30, 2021German automaker BMW has established a second corporate venture fund, earmarking $300 million to bankroll startup companies focused on sustainability, advanced manufacturing and future transportation, the company said Wednesday. BMW i Ventures, based in Mountain View,... -
Chinese smart electric vehicle maker Xpeng Inc to raise $1.8 billion to develop its technology
Jun 30, 2021Chinese smart electric vehicle maker Xpeng Inc said it would raise $1.8 billion to expand its product line-up and develop its technology, by pricing its shares on Wednesday at HK$165 ($21.25) each in a Hong Kong... -
Facebook launched its newsletter product “Bulletin” on Tuesday
Jun 30, 2021Facebook Inc launched its newsletter product “Bulletin” on Tuesday, a standalone platform for free and paid articles and podcasts that will aim to rival Substack. CEO Mark Zuckerberg announced the platform, which is live at Bulletin.com,... -
HungryNaki expands its service to 5 more Zones to satiate foodies’ craving
Jun 30, 2021App-based food delivery service company HungryNaki, a concern of Daraz Bangladesh, has recently stretched its service to 5 more zones in a bid to reach more foodies and satisfy their food cravings. At a time when... -
OPPO starts free home delivery with exciting up to 3000 taka discount offer
Jun 30, 2021Smart device brand OPPO has recently kicked off its home delivery service taking the safety and health concerns of the smartphone enthusiasts into account amidst the strict lockdown underway in Bangladesh. In the wake of the... -
Huawei launches new 5G products
Jun 30, 2021At Mobile World Congress (MWC 2021), Huawei has released new 5G products this week to expand multi antenna technology worldwide. These product solutions are designed to support and enforce “1+N” 5G networks. Enhanced by industry leading... -
Euro zone inflation eased this month
Jun 30, 2021Euro zone inflation eased this month, levelling off for the summer months before an expected move well above the European Central Bank’s target towards the autumn on higher commodity prices. Inflation in the 19 countries sharing...
