A self-driving Volvo electric truck ‘Vera’ in Berlin, Germany. Reuters
Volvo Cars on Thursday announced plans to cut fixed costs by 2 billion Swedish crowns ($214 million), becoming the latest carmaker to warn that pricing pressure and tariffs arising from the China-US trade war were denting profitability.
The accident derailed the front carriage of the train and badly damaged the truck, which burst into flames and spewed its cargo of hundreds of oranges and lemons alongside the tracks.
German automaker Daimler plans to build Mercedes Benz branded heavy trucks in China by revamping truck plants owned by its local joint venture (JV), according to a document seen by Reuters and two sources familiar with the matter.
The UAE Corporate Tax will be effective from June 1st 2023. You may be wondering why to worry about it now.
Dubai Financial Market (DFM) on Thursday welcomed the listing of shares of Salik Company, the leading company in the field of traffic tariff systems
Dubai will transform into the ultimate digital epicentre of the world next month, as the UAE hosts the world’s largest tech show, converging the most advanced companies