Admin
November 29, 2016 International News, Uncategorized
Bloomberg German carmakers BMW, Daimler, Porsche and Audi and US competitor Ford said on Tuesday they would cooperate on a Europe-wide network of electric charging stations. The move is an “important step towards facilitating mass-market battery electric vehicle adoptionâ€, the manufacturers said in a joint statement, and comes as German carmakers rev up their offers of electric cars for ...
Read More »
Admin
November 29, 2016 International News, Uncategorized
Chernobyl / AFP Ukraine on Tuesday unveiled the world’s largest moveable metal structure over the Chernobyl nuclear power plant’s doomed fourth reactor to ensure the safety of Europeans for future generations. The gigantic arch soars 108 metres (355 feet) into the sky — making it taller than New York’s Statue of Liberty — while its weight of 36,000 tons ...
Read More »
Admin
November 29, 2016 International News
Bloomberg The US economy expanded more than previously reported last quarter on a sunnier picture of household spending, the primary growth engine. Gross domestic product rose at a 3.2 percent annualized rate in the three months ended in September, the fastest in two years, compared with an initial estimate of 2.9 percent, Commerce Department figures showed on Tuesday. The ...
Read More »
Admin
November 29, 2016 International News
Bloomberg France and the UK are the two nations in Europe most at risk of power shortages this winter, particularly if there is a cold snap in early December or January. With availability of Electricite de France SA’s French nuclear fleet at the lowest level in a decade, the nation will need to rely on imports during several weeks ...
Read More »
Admin
November 29, 2016 Gulf Stocks
Reuters Saudi Arabia’s stock market gave up early gains by the close on Tuesday as oil prices pulled back, while other Gulf bourses were mixed. Profit-taking pulled Egypt’ market lower after big gains this month. The Saudi index has soared over 25 percent — almost entirely erasing its losses this year — since the government’s $17.5 billion international bond ...
Read More »
Admin
November 29, 2016 Stocks
London / AFP European stock markets mostly rebounded on Tuesday but London extended losses as mining shares lost their shine, while oil prices slumped almost a dollar on the eve of a crucial OPEC meeting. Asian traders had earlier moved cautiously, with the recent Trump-fuelled rally in stocks subdued by profit-taking, uncertainty over a key vote in Italy at ...
Read More »
Admin
November 29, 2016 Stocks
Tokyo / AFP Tokyo stocks ended lower on Tuesday as markets took a breather following a string of recent gains that propelled the benchmark index to its highest level in 11 months. Japanese shares advanced last week as the yen tumbled against the dollar on expectations that US interest rates will rise under President-elect Donald Trump’s administration. “Japanese stocks ...
Read More »
Admin
November 29, 2016 Technology
Los Angeles / AFP On a soundstage no bigger than a large bedroom a cameraman takes up various angles to film a helicopter that isn’t there, landing in a field that isn’t there either. Until recently, virtual reality was the preserve of the gaming crowd but producers say the technology is on the cusp of a boom which could ...
Read More »
Admin
November 29, 2016 Technology
DETROIT / AP Auto parts and electronics maker Delphi Corp. has signed a deal with Intel to buy high-powered computer processors for Delphi’s future autonomous-vehicle systems. Delphi says Intel’s added computing capacity will be needed as autonomous-car systems gather and store more and more information while expanding their ability to deal with situations on real roads. In August, Delphi ...
Read More »
Admin
November 29, 2016 Technology
Bloomberg Japan’s obsession with keeping order and tech prowess has reached its natural conclusion with an intelligent megaphone that can issue commands in Chinese, English and Korean. Panasonic Corp. recently unveiled the device—essentially a smartphone paired with a handheld loudspeaker—betting that police, event organizers and transport staff seeking to control crowds will be eager to get their hands on ...
Read More »