DHL expects supply chain to not recuperate to Pre-Covid levels in 2023

According to the statement issued by DHL’s freight forwarding unit, the gap between demand from shippers and new container vessels is steadily getting bridged, which will eventually enable port congestion to ease next year. However, t....

U.K. likely to probe Apple and Google over mobile browser dominance

Regulators in the United Kingdom are reportedly planning to investigate Apple Inc. and Google LLC for their impactful duopoly on mobile operating systems, questioning them about their market supremacy in the mobile browser space. Further....

South Korea’s LG Uplus to unveil conversational AI voice bot this year

In a bid to explore more commercial uses of artificial intelligence, South Korean telecommunication operator LG Uplus Corporation is reportedly planning to introduce a conversational AI voice bot for mom-and-pop stores as well as a customiz....

Exxon, Shell, Total, & Conoco to help expand Qatar’s mega LNG project

Qatar has reportedly chosen Exxon Mobil Corp., Shell plc, TotalEnergies SE, and ConocoPhillips as partner organizations in the development and expansion of the world's largest LNG (liquefied natural gas) project. By 2027, the North Fiel....

EU to mandate USB Type-C charging solution for all devices by 2024

Co-legislators of the European Union have reportedly reached a provisional agreement on common charging solutions for a total of 15 different device categories including laptops, smartphones, tablets, and other medium & small-sized elec....

Coca-Cola India looking to attain 100% recyclability in bottles & cans

As part of its 'World Without Waste' campaign, the Coca-Cola Company announced that its India unit intends to achieve 100% recovery as well as recycling of post-consumer used products, that includes cans and bottles in the next 2-3 ....

Retailing giant Walmart working with several suppliers to lower prices

Various suppliers are reportedly working along with Walmart to reduce the overall prices. According to some senior Walmart executives, these suppliers are responding to the retailer’s efforts despite facing high inflation and surging ....

Asias factory operations slowed in May over China’s COVID-19 curbs

As per reliable sources, factory operations in Asia slowed in May as China's stringent Coronavirus restrictions began to disrupt supply chains and weaken demand, compounding problems for some of the region’s economies that were al....

Fashion industry falls short of environmental targets set up by the UN

Around 30 of the world's largest fashion companies are reportedly lagging in terms of the United Nations' environmental targets set for sustainable fashion clothing. Although some fashion houses are steadily improving their climate ....

eBikeGo partners with Log 9 to launch 10mins super-fast charging tech

eBikeGo, India's largest electric two-wheeler commuting platform, has teamed with Log9 Materials, a Bengaluru-based advanced battery technology start-up, to develop a 10-minute instant technology for the Velocipedo, a new electric trike....