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Wed, Oct 16, 2024 08:41 PM All times are UTC

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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

UK CPI Decline Fuels Rate Cut Speculation: Pound Sterling Under Pressure!

The UK Consumer Price Index (CPI) for September has decreased to 1.7% year-on-year, falling short of the expected 1.9%. Additionally, Core CPI declined to 3.2% year-on-year, down from the previous months 3.6% and below the...

Australian Dollar Debt Sales Slow as U.S. Election Looms

Record-Breaking Debt Sales in Australia Australian dollar debt sales are experiencing unprecedented growth, with A$267.6 billion (approximately $180.4 billion) raised as of October 8, the highest figure recorded since...

JPMorgan Chase Expands Footprint in Africa: New Ventures in Kenya and Ivory Coast

JPMorgan Chase, the largest lender in the U.S., is set to expand its operations in Africa with plans to enter Kenya and Ivory Coast this year. CEO Jamie Dimon shared these insights in a recent interview with Reuters. ...

Zeekr Launches First Electric Vehicle in Australia, Targeting Key Market Expansion

Zeekrs Australian Market Entry Chinese electric vehicle (EV) manufacturer Zeekr has officially commenced sales of its first model in Australia, aiming to expand its footprint in the Oceania market. This launch marks the...

Hong Kong's Policy Address: Key Reforms to Enhance Livelihoods and Economic Growth

In his annual policy address on Wednesday, Hong Kongs Chief Executive John Lee outlined crucial reforms aimed at addressing pressing issues and enhancing residents livelihoods. This marks Lees third policy address since...

Politics

Donald Trump’s $7.5M Crypto Surge: Bitcoin, XRP, Ethereum Donations Flood Campaign Coffers

Donald Trumps 2024 campaign surged with $7.5 million in cryptocurrency donations, thanks to Bitcoin, Ethereum, and XRP. The influx, reported in FEC filings, highlights a strategic shift as Trump garners growing support...

Dogecoin Spikes 8% After Musk’s $75M Trump Donation — Can DOGE Smash Through the $1 Barrier?

Dogecoin surged by 8% following Elon Musks massive $75 million donation to Donald Trumps presidential campaign, reviving hopes that the cryptocurrency could soon hit $1 amid increased market activity. Musks $75 Million...

Sheriff Joe Arpaio Drops Legal Bombshell: 'I Sued VP Harris & President Biden Over Their Vicious Attacks'

Former Maricopa County Sheriff Joe Arpaio has officially filed a lawsuit against Vice President Kamala Harris and President Joe Biden. Arpaio, a controversial figure known for his hardline stance on crime and illegal...

Joe Rogan Drops Bombshell: 'The Establishment is Terrified of Trump's Plan with Elon Musk!'

Joe Rogan claimed that the establishment is terrified of former President Donald Trump and billionaire Elon Musks potential plan to overhaul the governments efficiency. Rogans remarks quickly sparked debate, as he...

Tesla CEO Elon Musk Drops Bombshell Endorsement: ‘Donald Trump is the Clear Choice Over Kamala Harris!’

Tesla and SpaceX CEO Elon Musk publicly endorsed former President Donald Trump over Vice President Kamala Harris, citing concerns about leadership and executive competence. Musks tweet, which quickly gained traction on...

Science

SpaceX Shares Breathtaking Images of Starship Flight 5 Featuring Reentry and Stage Separation

SpaceX has unveiled stunning new images from its Starship Flight 5 test, capturing key moments like booster recovery, stage separation, and plasma engulfing the upper stage during reentry. These high-definition images,...

China's Scientists Reportedly Crack Major Encryption Algorithms Using D-Wave Quantum Computer

In a groundbreaking development, Chinese researchers have reportedly used a D-Wave quantum computer to crack encryption algorithms once thought unbreakable. The breakthrough raises concerns over the future of digital...

Starlink Services to Remain Free in Hurricane-Affected Areas for the Rest of 2024

Elon Musk announced that Starlink services will remain free in regions affected by Hurricanes Helene and Milton for the remainder of 2024. This decision follows Starlinks critical role in providing communication support...

Global Space Powers Gather in Milan, Private Sector Joins the Race for Lunar Dominance

This week, the worlds space agencies convene in Milan, with private companies like SpaceX vying for a share in the new global space race. Discussions focus on lunar exploration, NASAs Artemis program, and Europes efforts...

SpaceX Achieves Historic First by Catching 232-Foot Super Heavy Booster in Flight

SpaceX made history on October 13 by becoming the first company to catch a 232-foot rocket mid-flight. During Starship Flight 5, the launch tower successfully captured the Super Heavy booster, showcasing the robustness of...

Technology

Bitcoin Rockets Past $68K as Japan Unveils Massive Stimulus; Analysts Predict $73K Next

Bitcoin soared beyond $68,000 today following Japans announcement of a significant economic stimulus package. Market optimism is rising as analysts predict the rally could propel Bitcoin to $73,000, bolstered by...

Thailand’s Oldest Bank Unveils 24/7 Stablecoin Transfers, Slashes Global Payment Fees

Siam Commercial Bank is partnering with Lightnet to introduce 24/7 stablecoin remittance services, drastically cutting fees for global payments. This move positions SCB at the forefront of innovation in cross-border...

Italy Drops Bitcoin Tax Bombshell: Capital Gains to Soar to 42% in Shocking Budget Move

In a shocking budget proposal, the Italian government is set to raise the capital gains tax on Bitcoin from 26% to 42%, creating major concerns for crypto investors as the country seeks new revenue sources. Bitcoin...

Mercedes Teases Sleek Design of Entry-Level CLA EV Ahead of Anticipated 2026 Debut

Mercedes has offered a sneak peek at its upcoming entry-level CLA electric vehicle, set to debut later this year. With an aerodynamic design and an expected WLTP range of over 466 miles, the CLA EV will challenge Teslas...

Minneapolis Fed President Criticizes Bitcoin, Calling It a 'Speculative Asset' and Poor Inflation Hedge

During a recent public address, Minneapolis Federal Reserve President Neel Kashkari dismissed Bitcoin as a speculative asset and questioned its viability as an inflation hedge. Kashkari claimed he has never met anyone who...