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Arctic cold leaves southeast European towns without electricity

  Bloomberg Arctic chill and heavy snowfall left tens of thousands of households in southeastern Europe without electricity as rivers froze over, cables failed and power stations had unplanned outages. From Greece to Hungary, hydroelectric production plummeted as temperatures fell as low as minus 20 degrees Celsius (minus 4 Fahrenheit) and parts of the Danube river were almost entirely covered ...

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Flying river taxis gain traction, eye more potential customers

  Bloomberg The egg-shaped flying river taxi is gaining support, as SeaBubbles seeks to close its third funding round in under a year and aims to firm up interest from potential customers, including the city of Paris and companies in the San Francisco Bay. To build the first battery-powered bubble-shaped ships that hover a few inches above the water and ...

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Apple IPhone-maker Hon Hai posts first sales slide on record

  Bloomberg Hon Hai Precision Industry Co., the main assembler of Apple Inc.’s iPhones, recorded its first annual revenue decline after the global smartphone market went through its worst year on record. The company, also known as Foxconn, posted a 2.8 percent fall in 2016 sales to NT$4.36 trillion ($136.5 billion), it said in a filing to Taiwan’s stock exchange, ...

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