Result Page 98 for Latest News News & Archive

News

Baidu Self Driving Bus to Hit the Road in Three Years

Baidu Inc., the China Internet giant prepares its self-driving bus to hit the road in the next three years.

Dec 15, 2015 3:54 AM EST

News

Kia Self Driving Car Will Roam Nevada Road

Nevada public road will see a KIA car without driver roaming the road as the Korean company obtain a license to test its autonomous driving technology.

News

Despite BG takeover, Shell to slash jobs

Royal Dutch Shell is keen on slashing jobs by 2,800 as part of its cost reduction exercise. Shell is acquiring BG Group Plc in a £40-billion takeover, for which it has received all the required regulatory approvals. However, considering the lower oil price, shareholders raise questions that offer is overpriced for BG Group plc. The acquisition deal is poised to be over by early 2016.

News

Prismatic will shut down its news app for iOS, Android and Web

Prismatic declared that it will no longer be available for iOS, Android, and web news reader products

Airbus owners reach out future operators for Singapore Airlines’ planes

The owners of five Airbus' A380s leased to Singapore Airlines seek for potential future operators for the planes as the Airlins is still mulling whether to extend the leases.

Dec 15, 2015 3:36 AM EST

Asian stocks trade lower on thin volumes; Oil below $36/ bbl

Asian stocks were trading lower ahead of US Federal Reserve meeting, which will be held during 15-16 December 2015. Barring Shanghai index, all Asian indices ended lower on thin volumes. Oil price slipped below $36 a barrel. Japanese Nikkei index dropped to 10-week low. The Wall Street ended withlosses last week.

Dec 15, 2015 2:08 AM EST

West Coast mayors will form consortium to build highway for electric vehicles

The mayors of five West Coast cities held a summit in Portland last week to discuss the ideas to reduce carbon emissions in the cities. The mayors commit to forming a consortium for electric vehicles, to increase the use of EVs in the cities.

Dec 15, 2015 2:04 AM EST

Cotton piles up at warehouses globally

The increasing volumes of global inventories are giving lesser chances for price rise on cotton. However, the cotton output in the US, China and India is expected to be lower this season. Hedge funds are bullish on cotton prices. Cotton has been doing well this year among other commodities. India is expected to be world's largest cotton producer during 2015-16 replacing China.

Dec 15, 2015 2:02 AM EST

Combating Pollution in China with Smartphone App

Smartphone applications and devices can now be utilized allowing citizens in China in monitoring pollution.

Dec 14, 2015 8:24 PM EST

Jia Yueting's Faraday Future to Build $1 Billion Electric Car Factory in Nevada

Faraday Futures, Tesla strongest competitor will establish its $1 billion plant in Las Vegas. Backed by Chinese media mogul Jia Yueting, the company will reveal its car in CES electronic trade show in January.

Dec 14, 2015 7:06 AM EST

Australia To Fund Wind Power Again; Turnbull Lifts Abbot's Ban

Australian Prime Minister Malcolm Turnbull has lifted former PM Tony Abbott's ban on government investment on wind power.

Dec 14, 2015 5:17 AM EST

BNP Report: Alibaba Can Expand Operations with $38B in 2016

A report from BNP Paribas estimates that Alibaba will have $38 billion to expand their operations next year.

Dec 14, 2015 5:09 AM EST

A Rare Find: 1970 Ford Mustang Boss 429 found in junkyard

Keith Clark found a very rare real 1970 Ford Mustang Boss 429 back in a junkyard back in 1975 and bought it for just two grand.

Dec 14, 2015 4:23 AM EST

Blackberry Backs to Tracks: Forefronts Secured Androids

Blackberry possesses 1% chunk of global smartphone market, but still manages to generate $192 million revenue or 41% of global sales from selling 8,00,000 units in Q2 of FY 2016. Blackberry eyes hefty profits by Q4 of FY16 through its unique security features and those include seeking information on developer’s certificate from the apps to be run in the device, which has recognized Blackberry as the forefront in ensuring secured phones that over rides price competitiveness.

Dec 14, 2015 4:14 AM EST

Talks about U.S. confiscated property in Cuba begins

Faced with sorting out nearly six decades of financial claims and counterclaims against one another that run into the hundreds of billions of dollars, diplomats from the United States and Cuba resorted on Tuesday over one of the most contentious issues remaining between the two countries. The two sides are sitting down for the first time to discuss the American properties Cuba confiscated decades ago.

Dec 14, 2015 4:00 AM EST

Paris Talks: All is well for India in deal, except coal line

India’s coal plans came under repeated attack from developed nations and western media during the two-week climate change conference in Paris. India mostly agrees with the Paris agreement to make a transition to renewable energy. But the inclusion of one line in the article dealing with the deal’s purpose might prove to be a big irritant in its plans to build coal-fired power plants

Dec 14, 2015 3:54 AM EST