BMW Targets Pre Tax Profit of 10B Euros In 2018, Sets Aside 7B Euros For Electric, Autonomous Cars

BMW Targets Pre Tax Profit of 10B Euros In 2018, Sets Aside 7B Euros For Electric, Autonomous Cars

BMW will increase research and development spending to an all-time high of up to 7 billion euros ($8.6 billion) this year as part of efforts to bring 25 electrified models to market by 2025   BMW said that despite higher...
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Pirelli Records Fresh Innovation In Tire Technology

Pirelli Records Fresh Innovation In Tire Technology

Pirelli has recorded fresh breakthrough in tire technology.  It’s called Cyber Car and it’s a tire that connects the rubber with the car and provides loads of information and data.  Under the arrangement, the tire can relay information such as...
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Octopus: Heritage Bank Attains ISO 27001 Information Security Management Certification

Octopus: Heritage Bank Attains ISO 27001 Information Security Management Certification

Heritage Bank Plc  has achieved the Information Security Management Certification from International Standards Organisation (ISO). This certification also known as the ISO 27001: 2013 is part of the ISO 27000 family of standards which helps organisations keep...
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23 UK Diplomats Expelled From Moscow

23 UK Diplomats Expelled From Moscow

Russia is to expel 23 British diplomats in a row over the nerve agent attack on an-ex spy and his daughter in the UK. The Russian foreign ministry said the UK staff would be expelled from Moscow within a week...
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Kuwait Seals $467m Financing for Eight Tankers, Orders VLCC

Kuwait Seals $467m Financing for Eight Tankers, Orders VLCC

Kuwait Oil Tanker Company (KOTC) has signed  a financing deal with a syndicate of banks worth around USD 467 million (KD 140 million). The financing will be provided by Warba Bank, Ahli United Bank and Kuwait International. The ten-year financing...
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Nissan Appoints Munoz, Ex-U.S Chief To Lead China Expansion

Nissan Appoints Munoz, Ex-U.S Chief To Lead China Expansion

Nissan Motor Company  on Wednesday said Chief Performance Officer and former U.S. chief Jose Munoz would become head of its China operations, leading the Japanese automaker’s ambitious expansion in the world’s largest auto market. The Japanese aut...
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Weststar Joins Firefighting Truck Segment, Unveils Atego 1725

Weststar Joins Firefighting Truck Segment, Unveils Atego 1725

The Commercial Vehicles Department of Weststar Associates Limited, Authorised General Distributor of Mercedes-Benz in Nigeria has unveiled its first unit of the new Atego 1725 firefighting truck for the year 2018 to support firefighting operations in Nigeria. ...
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Audi Partners Airbus on Autonomous Flying Car Project

Audi Partners Airbus on Autonomous Flying Car Project

Audi has partnered Airbus and Italdesign to bring a self-driving car with flying drone capabilities to life. At the 2018 Geneva International Auto Show, the firms presented an evolution of the Pop.Up concept unveiled by Airbus and Italdesign one year...
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ILO: Women Are More Likely To Be Unemployed In Most Parts Of The World

ILO: Women Are More Likely To Be Unemployed In Most Parts Of The World

Women are less likely to participate in the labour market than men and are more likely to be unemployed in most parts of the world,  says a new study put together by the International Labour Organization (ILO) to commemorate 2018...
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Range Rover SV Coupe Debuts, To Cost $295,000

Range Rover SV Coupe Debuts, To Cost $295,000

Land Rover’s Range Rover SV Coupe is now available worldwide at a starting price of $295,000.   Unveiled on Tuesday at the 2018 Geneva International Motor Show, SV Coupe’s Power comes from Jaguar Land Rover’s 5.0-liter supercharged V-8.   It&#8...
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“Leave our Daughters Alone”

“Leave our Daughters Alone”

Wife of the President, Mrs. Aisha Buhari has charged perpetrators of abductions and various harmful practices against women and girls to stop forthwith. She was speaking during an event to mark the 2018 International Women’s Day, on Thursday, March 8,...
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WFE, 59 Stock Exchanges To Ring Gender Equality Bell

WFE, 59 Stock Exchanges To Ring Gender Equality Bell

For the fourth year, a global collaboration across 59 stock exchanges around the world on Fridayconcluded plan to ‘Ring the Bell for Gender Equality’ to celebrate International Women’s Day onThursday, March 8, 2018.     The events are a partnership b...
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China Development Bank, UBA Sign Letter of Intent for $100m Loan Deal To Support SMEs In Africa

China Development Bank, UBA Sign Letter of Intent for $100m Loan Deal To Support SMEs In Africa

United Bank for Africa (UBA) Plc has announced the signing of a letter of intent for $100 million to finance the development of Small and Medium Enterprises (SMEs) in Africa.  According to the financial institution, the $100 million loan will...
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Ford Begins Delivering Of Pizza With Self-Driving Cars

Ford Begins Delivering Of Pizza With Self-Driving Cars

Ford has extended trial of its self-driving cars to the delivery of pizzas in the United States.      Already, Ford self-driving cars in collaboration with Domino are on the streets of Miami and Miami Beach delivering pizzas, and more cities...
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