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.
Federal Customs Authority (FCA) has issued the first unified system for licensing the Customs Inspection Profession in the United Arab Emirates, to develop the customs inspection system in the state,
Sharjah Islamic Bank (SIB) recently signed an agreement with CNS Middle East and global company Diebold Nixdorf, to enhance customer experience by introducing more cutting edge technology application and self-service functionalities in the bank.
Sheikha Shamma Bint Sultan Bin Khalifa Al Nahyan, Founder and CEO of Alliances for Global Sustainability (AGS) and Pure Harvest Smart Farms (PHSF), a leading tech-enabled agribusiness,