Audi delivers 1.8m vehicles in 2017

Audi delivers 1.8m vehicles in 2017

For the year 2017, Audi AG increased its global sales for the eighth year in a row.   Despite a turbulent first half of the year, the company achieved a new record-breaking figure: Around 1,878,100 deliveries represent an increase of...
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Agency probes Apple, Samsung

Agency probes Apple, Samsung

Italy’s competition authority is looking into charges that Apple and Samsung are surreptitiously slowing down old phones to push consumers into buying new products. Consumer groups across the world have accused the two tech giants of so-called planned obsole...
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WFE unveils best practice guidelines for cyber security compliance

WFE unveils best practice guidelines for cyber security compliance

The World Federation of Exchanges (WFE) on Thursday published a set of best practice guidelines for market infrastructures designed to engender a staff culture of cyber security compliance. ​ The paper takes a behavioural approach to the issue, as evidence.....
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Singapore seeks global maritime hub with $3.4b agenda

Singapore seeks global maritime hub with $3.4b agenda

Singapore has unveiled a new plan, the Sea Transport Industry Transformation Map (ITM), in an aim to grow the industry’s value-add by SGD 4.5 billion (USD 3.4 billion) by 2025. Specific initiatives have been laid out under the Sea Transport ITM,...
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Audi reports 1.9m sales in 2017

Audi reports 1.9m sales in 2017

AUDI AG has increased its global sales for the eighth year in a row. Despite a turbulent first half of the year, the company achieved a new record-breaking figure: Around 1,878,100 deliveries represent an increase of 0.6 percent.   The...
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Stephanie Linus takes campaign against human trafficking to Italy

Stephanie Linus takes campaign against human trafficking to Italy

In partnership with the world renowned international humanitarian organisation ‘Doctors  Without Borders’, Stephanie Linus is in Italy to give support to rescued victims of human trafficking and raise her voice against such human rights violations...
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Mercedes-Benz sales hit 2.3m in 2017, to launch over a dozen new models in 2018

Mercedes-Benz sales hit 2.3m in 2017, to launch over a dozen new models in 2018

Mercedes-Benz  in 2017 achieved its most successful year of all time.The foremost auto firm recorded  a grand total of 2,289,344 vehicles worldwide, a 9.9 percent increase compared to the previous year.  The all-time best yearly unit sales were driven by...
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World Bank: Nigeria’s economy to grow by 2.5% in 2018

World Bank: Nigeria’s economy to grow by 2.5% in 2018

The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 per cent in 2018, as the country benefits from improved commodity prices, investments and trade. According to the World Bank’s January 2018 Global Economic...
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Edo partners World Bank on expenditure framework, inclusive growth

Edo partners World Bank on expenditure framework, inclusive growth

The Edo State Government has revealed that it is partnering with the World Bank on its Medium-Term Expenditure Framework (MTEF) and Medium Term Sector Strategy (MTSS), for efficient allocation of resources and engender inclusive growth. Special Adviser to the ...
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Renault, Nissan, Mitsubishi seek robo-taxi deals with tech companies

Renault, Nissan, Mitsubishi seek robo-taxi deals with tech companies

Renault, Nissan Motor and Mitsubishi Motors are lining up partners for their push into shared driverless robo-taxis.  The alliance plans to unveil names in coming months, said Ogi Redzic, a senior vice president overseeing about 1,000 employees developing con...
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New Mercedes-Benz G-Class to debut this month

New Mercedes-Benz G-Class to debut this month

Mercedes will host world premiere of G-Class W464 this in January 2018 at the North American International Auto Show in Detroit.   Also, the company will begin to accept orders for the next generation and will have it at dealers...
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‘Oando’s forensic audit to commence this month’

‘Oando’s forensic audit to commence this month’

There is no going back on the forensic audit of Oando Plc,  the Acting Director-General of the Securities and Exchange Commission (SEC), Mr. Abdul Zubair, has said.    Speaking at a press briefing in Abuja on Tuesday, Zubair said the...
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Kia declares 226,842 sales in December

Kia declares 226,842 sales in December

Kia Motors Corporation announced its December 2017 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 226,842 units sold.   In December, sales in Korea slid 6.2% compared with the same month last...
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Court rejects VW’s bid to suspend emissions audit

Court rejects VW’s bid to suspend emissions audit

Germany’s highest court has rejected a bid by Volkswagen AG to suspend the work of a special auditor appointed to investigate management’s actions in the “Dieselgate” emissions scandal.  A three-judge panel did not give an opinion on the merits of...
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