Business

Hyundai and Kia will outfit their cars with solar panels

Hyundai and Kia will outfit their cars with solar panels Applying solar charging systems to ICE vehicles will help them comply with ever more stringent global environmental laws regulating Carbon dioxide emissions. Weather conditions and environmental factors will naturally have an impact on how efficient the technology is. The vehicle can then use that energy to reduce engine usage, thus increasing fuel economy and cutting Carbon dioxide emissions. [Full Article...]

Reese's 'candy converter' will swap unwanted candy for peanut butter cups

Reese's 'candy converter' will swap unwanted candy for peanut butter cups God bless Halloween - unless, of course, you have a peanut allergy. No matter what candy you get that you don't like while trick or treating, Reese's has come up with a clever way to help you exchange it. The machine was originally showcased at a parade a few days ago in Tarrytown, New York, but tonight will be stationed in the New York, New York, in Washington Square Park between 4 and 9 pm. [Full Article...]

India ranks at 77 in the World Banks Ease of doing business

India ranks at 77 in the World Banks Ease of doing business Pakistan has improved its ranking by climbing up 11 notches in World Bank's annual Doing Business Report 2019, a press release said on Wednesday . When the BJP came to power, Prime Minister Narendra Modi had said that India needs to come within the top 50 ranks and today, we are at Rank 77. [Full Article...]

United Kingdom to levy 2pc digital services tax against tech giants from 2020

United Kingdom to levy 2pc digital services tax against tech giants from 2020 Before implementation, the new plan will have to go through a consultation period, and is being described as a temporary measure until "an appropriate long-term solution" is found. "We can not simply talk forever", said Hammond. Hammond said that the tax will target "established tech giants" rather than startups, in order to support new firms that were still in the early stages of their gr... [Full Article...]

NZ dollar lifted as Donald Trump predicts great deal with China

NZ dollar lifted as Donald Trump predicts great deal with China The two nations had already imposed tariffs on United States dollars 50 billion of each other's goods before the September sanctions. He can refuse to go along with Trump's demands-allowing him to save face domestically by standing up to America-or he can offer a new deal, giving Trump more fodder for tweets that humiliate China's attempt to work with the U.S.to end the trade war. [Full Article...]

RBI governor may consider resigning after rift with govt

RBI governor may consider resigning after rift with govt Yet, Jaitley was publicly critical of the RBI on Tuesday, saying the central bank's lax policies had contributed to banks' current woes. Following the public rift, the government has reportedly invoked Section 7 of the RBI Act, which has never been used in independent India. [Full Article...]

Theresa May denies ‘Budget giveaway’ means fresh election is on its way

Theresa May denies ‘Budget giveaway’ means fresh election is on its way A "no deal" or "disorderly" Brexit "could have severe short-term implications for the economy, the exchange rate, asset prices and the public finances", it warns. Economics experts at the Fraser of Allander Institute have estimated if Mr Mackay increased the threshold for this in line with inflation, someone earning £50,000 a year in Scotland would pay £1,100 more in income tax than they would e... [Full Article...]

Tesla facing criminal investigation over Model 3 production, report says

Tesla facing criminal investigation over Model 3 production, report says The manufacturing increase and moneymaking quarter are two things that Musk promised would happen in early August. According to the earnings report , Tesla's year-to-date losses stand at $1.27bn (£990m), which is only a small improvement over the $1.46bn (£1.13bn) loss it made over the same period last year. [Full Article...]

IBM set to acquire North Carolina-based Red Hat in $34B deal

IBM set to acquire North Carolina-based Red Hat in $34B deal The Center for Media Justice launched an online petition a year ago to stop IBM from developing cloud resources that would use facial recognition technology to identify undocumented immigrants so that they can be detained, denied visas and deported from the United States. [Full Article...]

Royal Mint's Gold-Backed Cryptocurrency Blocked By UK Government

Royal Mint's Gold-Backed Cryptocurrency Blocked By UK Government Though the hope to realize this project is still alive, due to such a delay, the United Kingdom will lose the position of a pioneer that it should have had if the Royal Mint had managed to fulfill its first plan to issue its gold-backed coins in time. [Full Article...]

New York AG sues ExxonMobil for misleading investors

New York AG sues ExxonMobil for misleading investors Exxon's "colossal climate denial operation" - which was also detailed in a Harvard study published a year ago -"significantly impacted how the climate change debate played out in business, science, and politics", noted Naomi Ages of Greenpeace USA. [Full Article...]

Percent Growth Rate Shows Trump Agenda Working, Republicans Say

Percent Growth Rate Shows Trump Agenda Working, Republicans Say While that slowed down from a second quarter pace of 4.2%, it exceeded the growth potential of the economy, which was put by economists at 2%. Two of the main reasons for the boost are a rise in government defense spending , as well as consumer spending, which jumped 4 percent in the third quarter. [Full Article...]

Chinese Bank Stops Iranian Oil Transactions Ahead of US Sanctions

Chinese Bank Stops Iranian Oil Transactions Ahead of US Sanctions Brent for December settlement was 51c lower at $76.38 a barrel on the London-based ICE Futures Europe exchange, after rising 72c on Thursday. In Friday trading, Brent crude was priced below US$77 with West Texas Intermediate (WTI) holding above US$66 a barrel. [Full Article...]

New Jersey Man Breaks His Hip but Wins the Lottery

New Jersey Man Breaks His Hip but Wins the Lottery He was taken to Jefferson Stratford Hospital for treatment. Lamenting his bad luck and disappointment over not getting a ticket, Livingston was invited by hospital employees to join their pool. A single mum from country NSW also revealed how constant nagging from her family led her to realising she had won more than $400,000 . But if it wasn't for the persistence of a relative, she may have r... [Full Article...]

Tesla finally posts a profit

Tesla finally posts a profit Musk said: "Around mid 2019". Musk made the announcements after the electric vehicle maker reported a quarterly profit for the first time in more than two years . As for cash flow, Tesla came out smelling like a rose. Last quarter, however, Model 3 sales pushed Tesla into the black. The Model Y, however, doesn't even appear to have a camera extending from the vehicle - we see nothing bu... [Full Article...]

World billionaire wealth surges to record high $12.6 trillion

World billionaire wealth surges to record high $12.6 trillion According to UBS , 40 of the 179 new billionaires created a year ago inherited their wealth-a trend that has driven an explosion of wealth inequality over the past several decades . While the USA holds the largest concentration of billionaire wealth, China is quickly catching up, and the APAC region could soon surpass the Americas. [Full Article...]

Trump decries 'worst cover-up' over Saudi killing as United States takes first action

Trump decries 'worst cover-up' over Saudi killing as United States takes first action Saudi Arabia has said the murder of journalist Jamal Khashoggi in Istanbul was "premeditated" based on information supplied by Turkey , state media has reported. Somebody really messed up. At a conference in Riyadh on Wednesday, the crown prince said the killing was a " heinous crime that can not be justified" and warned against any efforts to "manipulate" the crisis and drive a wedge be... [Full Article...]

Jim Cramer Wishes Trump Would Shut Up About Fed

Jim Cramer Wishes Trump Would Shut Up About Fed WASHINGTON-Federal Reserve Vice Chairman Richard Clarida endorsed the central bank's plans to gradually raise interest rates and pinpointed the behavior of inflation as key to deciding when to stop. And he said the Fed will make its decisions without regard to President Donald Trump's repeated attacks on the central bank . Some market pros had been hoping Powell would send more signals about whet... [Full Article...]

Volkswagen T-Cross revealed

Volkswagen T-Cross revealed The extended wheelbase version destined for emerging markets ha 4,190mm in length and it will be based on a modified version of the MQB A0 architecture now under development with low build cost. All engines comply with the latest Euro 6d-TEMP emission standard. VW is targeting the T-Cross at young families in urban areas that want a maximum amount of rear legroom and trunk space in a small packa... [Full Article...]

Tesla, other domestics falter in 2018 Consumer Reports reliability survey

Tesla, other domestics falter in 2018 Consumer Reports reliability survey Lexus and Toyota continued their dominance on the manufacturer rankings where the two brands posted a one-two finish for the second year in a row. "It can take a year or two for them to work out the kinks with new technology", said Jake Fisher, director of auto testing at CR. The Tesla Model S electric sedan actually lost its recommended status because Consumer Reports' members reported pro... [Full Article...]


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