U.S. to end travel curbs for vaccinated visitors from Canada and Mexico

The United States will reportedly remove travel restrictions at its land borders with Mexico and Canada for vaccinated foreign visitors in early November. This move will bring an end to the longstanding curbs on non-essential travel, which ....

Robo-advisor startup Fount raises USD 33.4 million in Series C funding

South Korea-based AI investment solution company Fount has reportedly raised USD 33.4 million in a Series C funding round. The company intends to use the fresh funds to acquire a new talent and boost its machine learning platform developmen....

Mercedes-Benz India expects to cross 10,000 vehicle sales by year-end

Demand for cars and after sales services has increased since the second half of June 2021. The company has reportedly sold 8,958 units during the first three quarters this year. Mercedes Benz India Limited is likely to surpass the 10,0....

Gogoro opens battery swapping stations in Hangzhou with Yadea and DCJ

The company’s battery swapping unit will operate under the Huan Huan brand in China. Gogoro is aiming to open 80 battery swapping stations in Hangzhou by the end of 2021. Taiwan based-battery swapping refueling platform Gogoro ha....

Reliance Retail to soon open 7-Eleven convenience stores across India

The retail arm of Reliance Industries, Reliance Retail Ventures Limited (RRVL), has recently signed an agreement with U.S.-based multinational chain 7-Eleven, Inc. for opening 7-Eleven stores in India via its fully owned subsidiary, 7-India....

Global airlines expect unstable COVID-19 rules to delay market recovery

Global airlines reportedly convened for the first time on 5th October in Boston, since the COVID-19 pandemic hit the industry and pushed revenues to an all-time low. The meeting saw airlines expressing optimistic views about pent-up demand,....

BevCanna partners with UNFI to expand distribution network in Canada

BevCanna aims to strengthen its presence in the North American market in the coming years. UNFI Canada will distribute BevCanna products to retailers throughout the country. BevCanna Enterprises, Inc., a leading producer of health &....

Volvo Cars report 30% drop in September sales amid material shortages

Volvo Car Group has reported a 30.2% drop in sales in the last month, primarily due to the global chip shortage which has significantly affected the Swedish automotive giant’s production. The company’s global sales had reached 4....

Tesla sets record of delivering 241,300 units during the third quarter

Tesla Inc. has reportedly delivered a record-breaking 241,300 electric vehicles during the third quarter of this year, significantly exceeding expectations. The news comes as other U.S. automakers have been experiencing a severe drop in sal....

FAA closes Virgin Galactic mishap probe, allowed to resume launches

The U.S. Federal Aviation Administration (FAA) recently stated that it ended its mishap investigation and lifted a grounding order that was imposed earlier. The probe was launched into the Virgin Galactic Unity 22 launch on July 11 over the....

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