Wednesday July 15-th, 2020

Nissan Ariya crossover concept is a bolder new take on Nissan EVs Nissan Ariya crossover concept is a bolder new take on Nissan EVs

Nissan is previewing a new design philosophy with the Ariya Concept , taking design inspiration from the IMx Concept of 2017's Tokyo Motor Show and adding some bold new elements. Nissan hasn't detailed the car's electric powertrain beyond calling...

Lexus shows off insane concept electric vehicle Lexus shows off insane concept electric vehicle

The concept also makes use of the Lexus Advanced Posture Control vehicle dynamics technology via its four independent electric motors to further customize and shape driving feel. The passenger, on the road hand, is traveling first-class thanks to a s...

Caterpillar (NYSE:CAT) Issues FY 2019 Earnings Guidance Caterpillar (NYSE:CAT) Issues FY 2019 Earnings Guidance

Graham Capital Management Lp bought 106,000 shares as the company's stock declined 4.69%. Several equities research analysts have recently issued reports on the company. The shares were sold at an average price of $126.34, for a total transaction o...

California utility warns of 2nd power outage California utility warns of 2nd power outage

About 184,000 customers could have their power shut off this week to lessen the risk, Pacific Gas & Electric officials said Tuesday evening. Hundreds of thousands of California residents braced for another possible power outage as the state's two...

Subaru Levorg Prototype revealed: Production model coming in 2020 Subaru Levorg Prototype revealed: Production model coming in 2020

In spite of a future leaning toward autonomous vehicles, the Japanese carmaker imagines "a future that everyone can enjoy driving at their fullest, at their will", and one "where everyone can truly enjoy driving in a auto that enriches the life of th...

Brexit confusion continues to weigh on sterling Brexit confusion continues to weigh on sterling

On Tuesday, UK lawmakers voted by 329 to 299 in favor of Prime Minister Boris Johnson's Brexit plan, but then opposed Johnson's extremely tight timetable to complete the legislative process in three days by 322 to 308 votes. HONG KONG, Oct 22 (Re...

Softbank makes bailout offer to WeWork, plans to oust its chairman Softbank makes bailout offer to WeWork, plans to oust its chairman

The deal will see Softbank stake increasing to 80 per cent in the company. The board of the We Company, which owns WeWork, will consider the competing offers from SoftBank and JP Morgan at a meeting on Tuesday, it was widely reported .

Election speculation as Boris Johnson's plan for Brexit is blocked by MPs Election speculation as Boris Johnson's plan for Brexit is blocked by MPs

Johnson said backing the bill would allow lawmakers to "turn the page and allow this Parliament and this country to begin to heal and unite". "The government must take the only responsible course and accelerate our preparations for a no-deal outcom...

Oil slips as demand concerns outweigh US-China trade optimism Oil slips as demand concerns outweigh US-China trade optimism

Oil jumped the most in more than a week rose after a report that OPEC and allied crude producers will discuss deepening supply cuts next month. Last week, USA crude lost 1.66% and Brent was off by 1.83%. The pact runs to March 2020 and the producer...

Specs, Features, Photos, 2019 Tokyo Motor Show — Honda Jazz Specs, Features, Photos, 2019 Tokyo Motor Show — Honda Jazz

Powertrain aside, the new Jazz looks to build on its practical predecessor's legacy with a spacious interior - albeit one with nicer materials and a greater focus on driver comfort. For the first time ever, Honda's supermini will be hybrid only...

Rich Chinese outnumber wealthy Americans for first time Rich Chinese outnumber wealthy Americans for first time

Both the United States and China have been churning out millionaires at a relatively fast pace. China has overtaken America as the home of the highest number of rich people in the world . Meanwhile, the ranks of the world's millionaires have r...

Biogen Prepares to Resubmit Request for FDA Approval of Alzheimer's Drug Biogen Prepares to Resubmit Request for FDA Approval of Alzheimer's Drug

Biogen and Eisai , its partner for aducanumab, were hit hard in March when they announced they were pulling the plug on two phase 3 trials of the drug - EMERGE and ENGAGE - after an independent committee concluded that neither was likely to show ...

Hong Kong says Taiwan obstructing murder suspect case for political reasons Hong Kong says Taiwan obstructing murder suspect case for political reasons

Chan was jailed on a related money-laundering charge after Hong Kong determined that it lacked the evidence to prosecute him for the more serious offense in Taiwan. "We will offer all necessary assistance within the legal limits of Hong Kong ". Th...

Uber for Public Transport launched in Delhi: What you need to know Uber for Public Transport launched in Delhi: What you need to know

New Delhi is the second Asia-Pacific city to have this feature now. Uber won a competitive bid and will be able to expand its operations across 210 Delhi Metro stations and help with last mile connectivity for metro passengers in the city.

Nike CEO Mark Parker to step down, John Donahoe to take over Nike CEO Mark Parker to step down, John Donahoe to take over

I consider it a personal honor to succeed John and help carry ServiceNow's proud legacy forward to the next chapter. His expertise in digital commerce, technology, global strategy and leadership, combined with his strong relationship with the brand, ...

UAW strike: Workers remain on picket lines as 'extra measure of caution' UAW strike: Workers remain on picket lines as 'extra measure of caution'

The tentative agreement is a win for temporary workers and will put a big ratification bonus in workers' bank accounts, but the company's confirmation that three US plants will stay closed could spell trouble among rank-and-file union members.

SoftBank said to plan taking control of WeWork SoftBank said to plan taking control of WeWork

The SoftBank proposal includes offering to buy more than a billion dollars in shares of WeWork from existing investors and employees, among them co-founder Adam Neumann . The bailout situation underscores the rapid unraveling of the once-high-flying...

Cryptic Sitharaman reveals little on crypto adoption while China may take lead Cryptic Sitharaman reveals little on crypto adoption while China may take lead

Finance Minister Nirmala Sitharaman has said that negotiations between India and the USA on a trade deal are going in full speed. Finance Minister Nirmala SItharaman has said a calibrated and balanced approach to deploying a mix of fiscal, mon...

Qantas Non-Stop Flight From New York To Sydney Has Landed Qantas Non-Stop Flight From New York To Sydney Has Landed

Night flights usually begin with dinner and then lights off, but Joyce said the Project Sunrise flight tried another approach. It was reported on Friday that most on board would be Qantas employees, although six Qantas Frequent Flyer voluntee...

China asks WTO for US$2.4 bln sanctions against US China asks WTO for US$2.4 bln sanctions against US

China's request to pursue the payment is set for the WTO's Dispute Settlement Body to take up October 28. WTO appeals judges said in July that the US could face sanctions from China if it continues to levy tariffs that break the organization's ru...

Trump Says 'phase 1' China Trade Pact on Track for November Trump Says 'phase 1' China Trade Pact on Track for November

Trump last week said he hopes to sign the agreement with his Chinese counterpart President Xi Jinping at the APEC summit in Chile next month. The Chinese vice premier said on Saturday that China will step up investment in core technologies to a...

British PM Boris Johnson denied new Brexit deal vote

Johnson's rivals in Parliament are now forging new alliances and trying to attach amendments that could either force Johnson to accept closer trade ties - or abandon the deal and accept a third delay this year. It came after Chief Secretary to the Tr...

New Whistleblower Complaint Accuses Infosys CEO of ‘Unethical Practices’ New Whistleblower Complaint Accuses Infosys CEO of ‘Unethical Practices’

Following the tussle, the then CEO Vishal Sikka quit followed by some board members. "In [the] last quarter [July-Sept], we were asked not to fully recognize costs like visa costs to improve profits". Infosys says the complaints have been placed ...

China’s Xiaomi to Launch More Than ten 5G Phones Next Year China’s Xiaomi to Launch More Than ten 5G Phones Next Year

Given the state of infrastructure in India, it seems rather unlikely that Xiaomi will be launching 5G phones in India, but we could see a few trickle in towards the later half of next year. Xiaomi's share price dropped steadily in 2018 as China's sma...

Over-the-counter heartburn drug Zantac pulled in Canada, U.S.

According to Health Canada's report , the recalled heartburn drugs could have been made using an active ingredient containing the impurity N-nitrosodimethylamine (NDMA), and may subsequently have above acceptable levels of it. The full list of affe...

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