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Knowledge Update

UAE eyes strengthening economic relations with Germany

​Dubai, June 19 (IANS/WAM) The UAE and Germany reviewed means to strengthen economic relations and develop partnerships between the business communities in the two countries.

Boeing-Tata JV to make Apache fuselages in Hyderabad

​Hyderabad, June 18 (IANS) In a major boost for the Make in India initiative, US aerospace major Boeing and Tata Advanced Systems Limited (TASL) have joined hands to set up a facility here to co-produce fuselages for the Boeing AH-64 Apache helicopter and other aerostructures.

Russia's recession nearing end: Official

​Moscow, June 16 (IANS) Russia's economic recession is expected to end this year, Economic Development Minister Alexei Ulyukayev said on Thursday.

"The low point of recession has passed, and there is a rapid economic recovery," Ulyukayev said at the St. Petersburg International Economic Forum that started earlier in the

Twitter invests $70 million in music streaming service SoundCloud

​New York, June 15 (IANS) Micro-blogging website Twitter has invested $70 million in popular music streaming service SoundCloud, a move that may push Twitter's stalled growth and engagement with its over 300 million users.

Chinese industrial production thrives despite ebbing investment

​Beijing, June 13 (IANS) The indicators of industrial production and retail sales maintained their growth in May, while investments in fixed assets slowed down, according to data released by the National Bureau of Statistics of China (NBS) on Monday.

Study on Kyoto Protocol shows 100 percent compliance

​London, June 11 (IANS) All the countries who signed up to the Kyoto Protocol on climate change complied with their emission targets, says a new study.

"There is often scepticism about the importance of international law, and many critics claim that the Kyoto Protocol failed. The fact that countries have fully complied is highly

Beijing records highest electric vehicle registrations

​Beijing, June 11 (IANS) Beijing has recorded the highest ever number of requests for electric vehicle (EV) registration in a third round of applications that ended on June 8.

A total of 17,600 individual and company applicants submitted applications for EVs, about 5,000 more than the previous round, according to, which announces

Toyota plans for 25,000 employees to work from home

​Tokyo, June 9 (IANS) Japan's Toyota Motor is planning to introduce a telecommute system, which will allow around 25,000 employees to do most of their work from home, to improve work-life balance, the company announced Thursday.

IBM signs services deal with Emirates airline

Dubai, June 7 (IANS) US tech giant IBM on Tuesday announced that it has signed a 10-year technology services agreement with Emirates airline worth $300 million.

IBM and Dubai's government-controlled Emirates said in a joint statement that the American firm will provide IT infrastructure as a service, allowing the airline to improve

China to boost green, low-carbon development

San Francisco, June 3 (IANS) China will constantly boost green and low-carbon development in an effort to promote harmony between human and nature, according to a congratulatory letter sent by President Xi Jinping to the 7th Clean Energy Ministerial (CEM) and inaugural Mission Innovation Ministerial on Thursday.