Search results for "Vision 2030"

NYC weighs cutting off natural gas hookups for new buildings

New York City lawmakers are poised to decide Wednesday whether to prohibit most new buildings from using natural gas, a move that would make the nation’s most populous city a showcase for a climate-change-fighting policy that has been both embraced and blocked around the country. The measure is expected to pass the City Council and […]

Ford to add 10,800 jobs making electric vehicles, batteries

Ford and a partner company say they plan to build three major electric-vehicle battery factories and an auto assembly plant by 2025 — a dramatic investment in the future of EV technology that will create an estimated 10,800 jobs and shift the automaker’s future manufacturing footprint toward the South. The factories, to be built on […]

EU telco heads unite over regulation overhaul

Heads of the EU’s most prolific telecoms operators have taken to the Mobile World Congress on Monday to call for a complete regulatory overhaul of the continent’s network, as their statements labelled the current framework as “century-old.”  Industry analysts have previously noted that the current framework in place will not be suited to handle the […]

Daimler Truck says batteries, hydrogen are the future

The world’s largest truck and bus maker is charting an ambitious zero-emission future and says it’s not that far off – despite higher costs and the current lack of support infrastructure. Daimler AG’s truck division says it plans to shift most of its vehicle development resources to zero-emission vehicles by 2025 and predicts that battery […]

Biden plan would pick winners, losers in move to green jobs

In Georgia, school bus-maker Blue Bird has visions of going from selling a few hundred electric buses annually to 15,000. In Michigan, Ford plans to produce an all-electric version of its F-150 pickup truck. Both companies are looking to President Joe Biden’s $2.3 trillion infrastructure proposal to help transform the automotive sector as electric vehicles […]

Samsung thrives as Seoul mulls pardon of corporate heir

Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison after his conviction in a massive corruption scandal, even though business has rarely looked better at South Korea’s largest company. Lee is just the latest South Korean corporate boss to run his business from behind […]

Why the pandemic left long-term scars on global job market

Esther Montanez’s housecleaning job at the Hilton Back Bay in Boston was a lifeline for her, a 31-year-old single mother with a 5-year-old son. The pay was steady and solid — enough to pay her bills and still have money left over to sock away savings for her child. But when the pandemic slammed the […]

CITC becomes KSA’s new 5G regulator

Saudi Arabia’s Communications and Information Technology Commission (CITC) has announced that it will become a 5G network regulator in the International Telecommunications Union (ITU) rankings, as it progresses from a telecom regulator to a digital regulator. “We are one of the most tech-savvy and connected nations in the world and CITC, as the national regulator, […]

We should be more realistic about 5G

There lies an unprecedented level of excitement shared by many far and wide, across almost all industries worldwide, as the world holds its breath awaiting the rollout of fifth-generation mobile networks. And rightfully so, since 5G will trigger a massive technological revolution on humanity which will affect every aspect of day-to-day life, as well as […]