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Volkswagen Crisis Vis-à-vis German Growth

Oct 07, 2015 11:29 am UTC| Insights & Views Business

Manufacturing sector accounts for around 23% of German GDP (well above the Eurozone average of around 16%) and among this, 15% is car production. Volkswagen is the biggest of Germanys car makers and one of the countrys...

Facebook to launch satellite in 2016 to connect millions

Oct 06, 2015 12:18 pm UTC| Technology Business

Facebook is continuously evolving and striving hard to reach new heights. Quite literally, the social media giant has announced its first project to deliver internet from space and has partnered with Eutelsat to launch a...

Apple acquires Artificial Intelligence startup Perceptio

Oct 06, 2015 11:36 am UTC| Technology Business

Perceptio, a start-up company owned by artificial intelligence researchers Nicolas Pinto and Zak Stone, has been acquired by Apple Inc., according to a latest report by Bloomberg. The start-up is focussed on developing...

Daimler ‘Shaping Future Transportation’ with self-driving trucks

Oct 05, 2015 07:55 am UTC| Technology Business

Daimler, the well-known German automaker, conducted the first-ever test of its autonomous truck on Friday in Germany. Dr Wolfgang Bernhard, the member of the Daimler AG Board of Management responsible for Daimler Trucks...

Volkswagen's problems have just begun, lawsuits could push firm to bankruptcy

Sep 25, 2015 06:27 am UTC| Business Technology

The world has come crashing down for Volkswagen ever since the news about its emission scandal broke. Martin Winterkorn, Volkswagen Chief Executive,resignedon Wednesday stating, Volkswagen needs a fresh start - also in...

Volkswagen scandal widens platinum-palladium spread

Sep 24, 2015 12:47 pm UTC| Insights & Views Business

Platinum is taking major hit over Volkswagen scandal as it is expected to reduce the demand for the metal which is highly used in diesel cars. Industry expectation is that Volkswagen scandal over diesel car emissions...

Google to unveil Nexus Smartphones on September 29th

Sep 24, 2015 11:43 am UTC| Technology Business

Google has officially sent invitations for its launch event for 29th September. According to latest reports, the search engine giant will unveil the next generation of Nexus devices, including Nexus 5X and Nexus...

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Economy

Stock Futures Rise as Netflix Surges and Trump Policies Gain Attention

U.S. stock index futures edged higher Tuesday evening following Wall Street gains, as investors evaluated President Donald Trumps initial policies. SP 500 Futures climbed 0.2% to 6,096.25 points, Nasdaq 100 Futures rose...

Trump Announces $500 Billion AI Infrastructure Investment

U.S. President Donald Trump unveiled a $500 billion private sector initiative to boost artificial intelligence infrastructure in the United States, aiming to outpace global competitors. The joint venture, Stargate,...

South Korea's Acting President Seeks Stronger U.S. Ties Amid Trade and Security Concerns

South Koreas acting president, Choi Sang-mok, expressed hopes for deeper, reciprocal relations with Washington under Donald Trumps second term as U.S. president. Concerns loom over the impact of Trumps policies on Asias...

Jefferies Lowers Ratings on Three Leading UK Industrial Stocks

Jefferies analysts have downgraded three major UK industrial stocks, including Judges Scientific (LON:JDG), Smiths Group (OTC:SMGZY), and XP Power (LON:XPP), lowering their ratings from buy to hold. Persistent economic...

Singapore’s Central Bank Faces Split Predictions Ahead of Policy Review

Economists remain divided on whether the Monetary Authority of Singapore (MAS) will ease monetary policy at its upcoming review or maintain current settings. A Reuters poll of 12 analysts revealed an even split: six...

Politics

Trudeau Stands Ready Amid Tariff Uncertainty with Trump

Canadian Prime Minister Justin Trudeau affirmed his governments readiness to address potential tariffs on Canada imposed by U.S. President Donald Trump. Speaking on Tuesday, Trudeau emphasized the need to stay prepared for...

TikTok Users Left in Limbo as App Store Ban Continues in the US

TikTok users in the U.S. are caught in limbo as the popular app remains unavailable on Apple and Google app stores despite being briefly revived. Some users, desperate to regain access, have listed devices with the app...

Trump’s TikTok Order Sparks Legal Uncertainty for U.S. Tech Giants

U.S. President Donald Trumps executive order to pause the TikTok ban has triggered new legal challenges for the app and its service providers, including Apple and Google. The order delays enforcement of the divestment law,...

White House Directs Federal Workforce Review Amid Hiring Freeze

The White House has instructed federal agencies to submit by Friday a detailed list of employees on probationary status and recommendations on whether they should remain employed. This aligns with President Donald Trumps...

Trump Reveals Biden's "Inspirational" Letter to Number 47

U.S. President Donald Trump shared on Tuesday that former President Joe Biden left him a nice handwritten letter in the Resolute Desk at the White House, continuing the inauguration day tradition. Trump, inaugurated for a...

Science

White House Office of Science and Technology Policy provides in-house science advice for the president

Presidents need science advice. From climate change and pandemics to the governance of AI and the countrys nuclear arsenal, science sits at the center of a range of foreign and domestic policy challenges that reach the...

Double Moonshot: Japan’s ispace and Firefly Launch Lunar Missions

In a significant stride for lunar exploration, Japanese company ispace and U.S.-based Firefly Aerospace launched moon landers aboard a SpaceX rocket from Florida. This rare double mission highlights the growing competition...

Firefighting planes are dumping ocean water on the Los Angeles fires − why using saltwater is typically a last resort

Firefighters battling the deadly wildfires that raced through the Los Angeles area in January 2025 have been hampered by a limited supply of freshwater. So, when the winds are calm enough, skilled pilots flying planes...

Bill Gates’ Shocking New Malaria Solution Unveiled as Genetically Modified Mosquitoes Turn Into Flying Vaccinators

In a groundbreaking and controversial move, researchers funded by the Bill and Melinda Gates Foundation at Leiden University Medical Center have developed a revolutionary approach to combat malaria. The team has created...

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

Technology

Oracle Leads Gains as OpenAI Unveils $500B AI Initiative

Shares of Oracle (NYSE:ORCL), Nvidia (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT), and Arm Holdings (NASDAQ:ARM) rallied after announcing a groundbreaking $500 billion artificial intelligence initiative with OpenAI. The new...

Apple Downgraded by Jefferies Amid Weak iPhone Sales and AI Concerns

Jefferies analysts downgraded Apple (NASDAQ:AAPL) stock to Underperform from Hold, reducing the price target to $200.75 from $211.84, signaling a potential 13% downside. The downgrade reflects concerns over Apples fiscal...

Chinese Chip Stocks Surge Amid EUV Technology Breakthrough

Chinese chipmaking stocks soared as reports of domestic advancements in extreme ultraviolet (EUV) lithography technology emerged, signaling potential independence from U.S. sanctions. Semiconductor Manufacturing...

Trump Creates Advisory Group to Slash Government Jobs, Faces Immediate Lawsuits

President Donald Trump signed an executive order to establish the Department of Government Efficiency (DOGE), an advisory group aimed at reducing government spending by cutting federal jobs and agencies. Elon Musk, CEO of...

Tempus AI Stock Soars 18% After Pelosi's Investment Disclosure

Tempus AI Inc (NASDAQ:TEM) shares surged over 18% to $41.62 in after-hours trading following a disclosure by former House Speaker Nancy Pelosi. Pelosi revealed in a recent filing that she had purchased 50 call options on...