For its 90 million motorbike and scooter riders, Vietnam wants to design and make cars. aiming to roll out the first car in 24 months, plans to invest up to $3.5 billion to set up a manufacturing and research and development complex, were announced by the country’s largest real-estate company Vingroup JSC. Vingroup Vice Chairwoman Le…
Potentially paving the way for augmented reality, gaming and 3-D printing applications, Sony launched two new smartphones on Thursday that can capture 3-D. The Japanese electronics giant’s latest devices launched into the increasingly competitive market are the 5.2-inch Xperia XZ1 and 4.6-inch XZ1 compact. Apple’s latest iPhone models are expected to come soon and these…
There were tensions as the European Union’s negotiator mocked Prime Minister Theresa May even as Brexit talks ended in stalemate, with both sides deadlocked over the divorce bill. Britain wants a deal that’s impossible to achieve and is refusing to acknowledge its financial obligations, Michel Barnier said. The “sufficient progress” needed to move on to…
A project that is claimed to be the “first on-street charging pilot of its size in the world”, a program to install around 100 electric vehicle charging stations in Oxford is underway. With the plan to roll out the charging stations on residential streets in order to “help people go electric”, Oxford City Council said…
In a bid to challenge the likes of Apple and Fitbit in the health space, two new fitness-focused smartwatches and a pair of wireless earbuds equipped with its voice assistant Bixby hahs been launched by Samsung. The three products launched are the Samsung Gear Sport smartwatch, the Gear Fit 2 Pro fitness band and the IconX 2018 wireless Bluetooth…
A global powerhouse worth $280 billion on China’s Valentine’s Day was created by matching the country’s top coal miner with one of its biggest utilities as Beijing announced its latest arranged marriage. But the union may spark jealousy elsewhere even as couples across the country celebrated the Qixi Festival. A bigger rival with an outsized…
Worries of fresh tension between Washington and Pyongyang were raised after North Korea fired a missile over northern Japan which resulted in world stocks tumbling and safe-haven assets soaring on Tuesday. A rally in the euro to above a key level chipped in to put regional stocks on track at one point for their biggest…
Portraying German Chancellor Angela Merkel as slow to tackle the country’s diesel-car crisis, soft on Turkish President Recep Tayyip Erdogan and out of touch with voters, her main election opponent stepped up his attacks on her record. Merkel, whose Christian Democratic-led bloc leads the SPD by as many as 17 percentage points in national polls,…
In order to fund the development of technology that connects human brains with computers, Neuralink Corp., the startup co-founded by billionaire Elon Musk, has taken steps to sell as much as $100 million in stock. According to a filing with the U.S. Securities and Exchange Commission, the San Francisco-based company has already gotten $27 million in…
While warning about demographic challenges to growth, the global recovery is improving, but like an increasing number of financial and business leaders, said European Central Bank President Mairo Draghi on Friday. Noting its highest against the U.S. dollar since January 2015 after Draghi’s initial remark, the euro spiked 1 percent to a high of $1.1940. “The global recovery is…
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