Discover how the US and India are reshaping global tax policies with their groundbreaking digital tax extension agreement! Uncover the reasons behind this pivotal decision and how it could affect tech giants and everyday consumers alike. Dive into the details of the negotiations and learn why this move is causing
McDonald’s has decided not to bring back its fake-meat McPlant burger after disappointing test results in San Francisco and Dallas. Joe Erlinger, McDonald’s U.S. president, revealed this at the Wall Street Journal Global Food Forum, stating the burger didn’t succeed in either market. He emphasized that American consumers aren’t looking
In 2023, the Federal Aviation Administration (FAA) faced a surge in whistleblower complaints against Boeing, primarily triggered by issues with the 787 Dreamliner. Richard Cuevas, an airplane mechanic, raised alarm bells after witnessing substandard manufacturing practices at Spirit Aerosystems, a Boeing partner. He reported critical drilling and sealant problems on
The Dangote Refinery, Africa’s largest, has finally started producing fuels after years of delays but now faces accusations from senior officials that international oil companies (IOCs) are deliberately obstructing its operations. According to Devakumar Edwin, a vice president at Dangote Industries Limited, these IOCs are demanding exorbitant premiums for locally
Lufthansa, Europe’s largest airline group, is adding an environmental surcharge of up to $77 per flight starting in 2025 to help cover the rising costs of sustainable aviation fuel and meet new regulatory requirements. This fee will apply to flights from the EU, UK, Norway, and Switzerland, reflecting the airline’s
According to the recent McKinsey Study, Nearly Half Of US EV Drivers Consider Switching Back To Gas Vehicles: McKinsey Study You can read the original article here. A recent survey by McKinsey & Co. highlights growing dissatisfaction among electric vehicle (EV) owners, with 46% of US respondents and 29% globally
Marathon Digital Holdings launched a project on May 31, 2024, to recycle heat from its 2-megawatt data center in Satakunta, Finland, heating a town of 11,000 residents. Leading Bitcoin miner Marathon Digital Holdings, Inc. (NASDAQ: MARA) today unveiled a creative pilot project to recycle heat produced by Bitcoin mining and
On Wednesday, India approved a $9.1 billion greenfield port in Vadhavan, Maharashtra, potentially revolutionizing global trade routes from Mumbai to St. Petersburg with a state-of-the-art facility. India has announced the approval of an ambitious $9 billion mega port linking India with Russia via Mumbai and St. Petersburg. This colossal new
Joe Biden-backed EV startup Fisker filed for bankruptcy late Monday, planning asset sale amid manufacturing halt. Henrik Fisker, former Aston Martin and BMW designer, founded the company, which has filed for bankruptcy twice. Fisker, an electric vehicle startup, filed for bankruptcy late on Monday, announcing plans to sell its assets
