China Hits Mercedes With 57 Million Fine
Mercedes-Benz GLA Concept car at the Shanghai Motor Show. On Thursday a Chinese government regulator has stated that they have fined Mercedes Benz a total of 350 million Yuan (57 million dollars) over price fixing charges after a broad ranging probe of the car industry. This whole incident has caused complaints from foreign automakers who claim that More...
United Airlines Swap 10 Boeing Dreamliners For 777-300ER Jets
United Airlines is planning to accept the planes at the beginning of 2016. United Airlines stated on Thursday that they have swapped ten orders of Boeing Company’s 787 Dreamliners for ten larger 777-300ER jets. More...
Global Energy Market Changes To Increase Growth
Gazprom pipeline. The traditional gas suppliers may find themselves in a tough spot as a big gusher of liquefied natural gas is going to be ready for the global market in the next five years. Russia’s state owned More...
Passengers Lose Consciousness On SkyWest Flight
The SkyWest Airlines Flight 5622, made an emergency landing at Buffalo International Airport. A SkyWest airlines flight heading to Connecticut was diverted on Wednesday after 3 passengers lost consciousness. The More...
50% Of U.S. Fracking Companies Will Be Sold Or Go Bankrupt
A fracking rig in Colorado. Due to oil companies cutting their spending drastically, over 50% of the United States fracking companies will be sold or will go under by the end of the current year, said an executive More...
Oil Rises By Over $1 Due To Middle East Tension
Oil pump jacks in California. Last Thursday Brent crude oil prices rose by more than a dollar and reached the price of $64 per barrel, this is all due to tensions in the Middle East with civil war breaking out in More...