Thursday January 17-th, 2019

China trade talks spill into third day China trade talks spill into third day

United States trade negotiators challenged their Chinese counterparts on a wide-ranging list of grievances during trade talks this week, according to an announcement from the office of the US Trade Representative (USTR) issued on Wednesday as the dis...

Nissan unveils new Leaf auto after Ghosn’s arrest delays it Nissan unveils new Leaf auto after Ghosn’s arrest delays it

Nissan is showing the beefed up version of its hit Leaf electric vehicle as the Japanese automaker seeks to distance itself from the arrest of its star executive Carlos Ghosn . Instead, Nissan temporarily took over the collateral as Ghosn didn'...

Billionaire Oracle founder Larry Ellison reveals $1bn stake in Tesla Billionaire Oracle founder Larry Ellison reveals $1bn stake in Tesla

Shares of the company slid 2 per cent to US$328.40 at 11:34 a.m.in NY. Ellison, 74, indirectly owns 3 million Tesla shares through the Lawrence J. Ellison Revocable Trust, according to the filing. The SEC accused Musk of intentionally making "false...

Oracle's Ellison reveals US$1B stake in Tesla

Tech titan Ellison, the initial announcement read , "purchased 3 million shares earlier this year". The Oracle Corp. founder and long-time friend of Tesla chief executive officer Elon Musk joined the electric vehicle maker's board in December in an ...

Emissions 'upheaval' blamed for falling new auto registrations Emissions 'upheaval' blamed for falling new auto registrations

That's according to figures released today by the Society of Motor Manufacturers and Traders (SMMT ), which says that the data is a wake-up call to policymakers as environmental calls are at risk. However, the move away from diesel cars contributed ...

Oil prices up on trade talks and OPEC cuts Oil prices up on trade talks and OPEC cuts

Brent crude futures rose 27 cents to settle at $57.33 a barrel, a 0.47 percent gain. Crude prices have been buoyed by supply cuts from the Organization of the Petroleum Exporting Countries including top exporter Saudi Arabia , and allies incl...

General Motors rejects Unifor proposals to keep the Oshawa plant open General Motors rejects Unifor proposals to keep the Oshawa plant open

Dias said he's not accepting the end of Oshawa, and that the company acknowledged in the meeting it would be possible to extend current production at the plant. In a statement GM said "Unfortunately, all Unifor's proposals would involve substantial i...

Trump stays bullish on U.S.-China trade talks Trump stays bullish on U.S.-China trade talks

Pacific Fleet said was an operation to "to challenge excessive maritime claims". But it again rejected Trump's assessment that Beijing is engaging in trade talks due to what he described as China's slumping economy. "Both sides have the responsibil...

'Yellow Vest' Boxer Arrested after Assaulting French Policeman 'Yellow Vest' Boxer Arrested after Assaulting French Policeman

The French police union revealed on Twitter that, thanks to footage posted on social media, the attacker had been identified. "I think he lost it. People can be impulsive, I can be too", his former coach Laurent Boucher told France Inter radio.

Harley-Davidson LiveWire e-bike - from RM123k Harley-Davidson LiveWire e-bike - from RM123k

At $29,799, it will be one of the most expensive electric bikes around. The American bike maker's first electric motorcycle will carry a sticker price of Dollars 29,799 which converts to Rs 20.89 lakhs (excluding taxes and duties) in Indian currenc...

Microsoft teams up with Kroger to pilot two connected experience stores Microsoft teams up with Kroger to pilot two connected experience stores

Two Kroger stores, in OH and Washington, will be outfitted with digital shelving displays, real-time price updates and product information using Microsoft's Azure cloud platform. "Our partnership brings together Kroger's world-class expertise in the ...

Amazon overtakes Microsoft as most valuable U.S. firm amid market turmoil Amazon overtakes Microsoft as most valuable U.S. firm amid market turmoil

Amazon has eclipsed Microsoft as the most valuable publicly traded company in the USA as a see-sawing stock market continues to reshuffle corporate America's pecking order. Apple confirmed some of investors' worst fears last week when it warned that ...

Asda's Newark petrol station lowers fuel for seventh time since October Asda's Newark petrol station lowers fuel for seventh time since October

Petrol , diesel prices have fallen close to 20 per cent from the highs made in early October past year, as crude prices are down almost 40 per cent in these three months. 2.5 per litre. Supermarkets tend to offer vastly cheaper fuel than other bi...

Dollar skids as bets rise on US rate hike pause Dollar skids as bets rise on US rate hike pause

U.S. officials are meeting their counterparts in Beijing this week for the first face-to-face talks since U.S. President Donald Trump and China's President Xi Jinping agreed in December to a 90-day truce in a trade war that has roiled global market...

Irate passenger arrested at Florida airport for threatening JetBlue crew member Irate passenger arrested at Florida airport for threatening JetBlue crew member

The first video, which has received nearly 8,000 "likes", shows the woman yelling at a JetBlue employee while hoisting herself up on the counter. The New York man was able to shoot video of a slim woman with brown straight hair screaming at a JetBl...

Sears plans to close doors after 126 years chairman's bid fails Sears plans to close doors after 126 years chairman's bid fails

Retail expert Burt Flickinger discusses how Sears Chairman Eddie Lampert is trying to buy the company out of bankruptcy. An auction to sell Sears Holdings' remaining assets is scheduled for January 14. US Bankruptcy Judge Robert Drain in the Southe...

Rallies planned for protesters arrested while blocking work on B.C. pipeline Rallies planned for protesters arrested while blocking work on B.C. pipeline

RCMP enforced a court injunction against a camp of LNG opponents in northern B.C. on Monday arresting 14 people and rallies in support of the protest are being planned across the country. "The hereditary chiefs of the Wet'suwet'en and the land defend...

Heathrow Airport says suspending departures after drone sighting Heathrow Airport says suspending departures after drone sighting

All departures were stopped "as a precaution" shortly after 5pm, leaving passengers stranded on the runway just weeks after a similar debacle caused chaos at Gatwick . The government is moving forward with plans to give police new powers to tackle ...

Technics announce new SL1200 mk7 Technics announce new SL1200 mk7

Although prices and availability are still to be confirmed, we expect there are a lot of very excited DJs eagerly awaiting more news on this modern-meets-retro turntable. Outfitted with a microcomputer and the newest motor control technology, the new...

Intel details 10nm Ice Lake PC processors - CPU Intel details 10nm Ice Lake PC processors - CPU

Intel also demonstrated its future Intel Xeon Scalable processor based on 10nm Ice Lake . Other aspects of Ice Lake it is worth highlighting are its Intel DL Boost instruction sets to accelerate AI workloads, and the integrated Intel Gen11 graph...

Brabham BT62 to Get Road Legal Conversion, Keeps 700 BHP Troop Brabham BT62 to Get Road Legal Conversion, Keeps 700 BHP Troop

The BT62 was first aimed at customers with a trailer and the means to enjoy the supercar's potential outside of regular traffic. Specification changes for compliance include raising the ride height with a front and rear axle lift kit, increasin...

Hyundai sees Walking Car prototype as flawless disaster relief vehicle Hyundai sees Walking Car prototype as flawless disaster relief vehicle

That quandary is solved by modern electric auto technology, with special propulsion motors mounted inside each wheel, powered by the latest electric actuator technology. "There may well be applications in terms of emergency services - but there are v...

Security staff go sick during United States shutdown Security staff go sick during United States shutdown

The TSA's announcement comes following a Friday CNN report that claimed hundreds of TSA workers were calling out sick and staging a "sickout" amid the government shutdown . Typically after a government shutdown, TSA employees who screen passenge...

Samsung posts Q4 guidance, profit goes down 38% Samsung posts Q4 guidance, profit goes down 38%

Compounding that challenge is weakness at Apple , a major customer of components; the iPhone maker stunned global markets last week when it cut its sales outlook for the first time in nearly two decades. Prices for 128 gigabit MLC NAND flash memor...

Ghosn to appear in court: what happens next? Ghosn to appear in court: what happens next?

Bollore, previously the chief operating officer, is appointed deputy CEO with the "same powers" as Ghosn. The thinking goes that on the one hand Ghosn deserves a fair treatment and opportunity to defend himself, particularly given his years-long serv...

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