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Fact Sight is a weblog, where you will find the latest news and updates of the market.

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U.S. Items May Face Retaliatory Tariffs from Mexican Government
Business 

U.S. Items May Face Retaliatory Tariffs from Mexican Government

June 6, 2019 by Kartik Pandey

Washington: The U.S. and Mexico entered the second day of discussions on migration and trade, with the stock market rebounding on positivism that an agreement could be close, though it was unclear if the Mexican promise to control migration flows were sufficient…

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Ford Plans to Shut Down Bridgend Plant, Risking 1,700 jobs
Business 

Ford Plans to Shut Down Bridgend Plant, Risking 1,700 jobs

June 6, 2019 by Aruna Bhayana

London: Ford will close its engine unit in Wales next year, costing around 1,700 jobs, the U.S. automotive giant announced. Britain’s car industry is already struggling owing to Brexit uncertainty and a worldwide race to fulfil the desire for deploying electric vehicles….

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Uber and Ola Likely to Convert their Fleets to Electric
Auto 

Uber and Ola Likely to Convert their Fleets to Electric

June 6, 2019 by Kartik Pandey

India plans to direct taxi aggregators like Ola and Uber to convert 40.0% of their car fleet to electric by April 2026, as per a source and data of government meetings to hold talks over new policies for clean mobility. Uber and…

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Jay Inslee Planning to Restore U.S. Leadership Against Climate Change
Business 

Jay Inslee Planning to Restore U.S. Leadership Against Climate Change

June 5, 2019 by Aruna Bhayana

Washington: Democratic presidential hopeful Jay Inslee unveiled an extensive plan to restore the U.S. leadership in the fight against climate change that involves proposals to settle hundreds of climate refugees and raise barriers on the import of fossil fuels. “Climate change is…

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Donald Trump Threats to Impose Tariffs on Mexican Auto Parts, Rattling the U.S. Automotive Industry
Auto 

Donald Trump Threats to Impose Tariffs on Mexican Auto Parts, Rattling the U.S. Automotive Industry

May 31, 2019 by Kartik Pandey

New York: Every American automotive plant depends on Mexican parts to manufacture cars or trucks. President Donald Trump’s threats to enforce tariffs of up to 25.0% on Mexican part imports by October is already jolting the U.S. auto industry. The tariffs could…

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New US Policy On H-4 Visa Holders May Relax Indians
Business 

New US Policy On H-4 Visa Holders May Relax Indians

May 31, 2019 by Kartik Pandey

Washington: Two prominent US lawmakers have tabled a legislation in the House of Representatives to safeguard the work authorization of H-4 visa holders, mostly partners of Indian professionals holding H-1B visas. Most of H-4 visa holders are highly skilled professionals, and the…

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Alibaba Proposing about Raising $20 Billion via Second Listing
Business 

Alibaba Proposing about Raising $20 Billion via Second Listing

May 29, 2019 by Aruna Bhayana

Alibaba Group Holding Ltd. is proposing raising $20 billion in Hong Kong via a second listing. The e-commerce giant is in talks with financial advisers on the projected offering, said some people with knowledge of the matter, who didn’t wish for their…

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SmartCity Kochi Joins Hand with Dubai to Raise Rs 4000 crore
Business 

SmartCity Kochi Joins Hand with Dubai to Raise Rs 4000 crore

May 28, 2019 by Aruna Bhayana

Kochi: SmartCity Kochi, a joint-venture organization of the Kerala government and Dubai Holding, has planned to raise Rs 4,000 crore from prospective investors in its phase III, IV and V by finishing the balance infrastructure development in its areas. “The phase III…

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NASA Signs Contract with Maxar for Building Moon-Orbiting Space Station
Technology 

NASA Signs Contract with Maxar for Building Moon-Orbiting Space Station

May 24, 2019 by Aruna Bhayana

Since March, when Mike Pence, Vice President of the U.S., unexpectedly announced a program to get humans on the moon by 2024, NASA has been trying hard to pull off what many think is a near-impossible feat. But, the agency took a…

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“This Man Has the Biggest Electoral Victory for All of Us”: said ex U.S. President Barack Hussain Obama
Others 

“This Man Has the Biggest Electoral Victory for All of Us”: said ex U.S. President Barack Hussain Obama

May 24, 2019 by Kartik Pandey

Now, Narender Modi is the leader with the largest populace mandate in the world. US President Obama, who met Modi in Myanmar during the ASEAN Summit in 2014 had said, “This man has the biggest electoral victory of all of us”. This…

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