In Normandy village of Tourouvre-au-Perche, France, now there is a road that is a ‘solar road’ and is now open for use. Ségolène Royal, the French minister of environment unveiled the one kilometer trial installation, known as Wattway, and which is made up of 2,880 photovoltaic panels. 280 megawatt hour per year is expected to…
Scaling back on business class flights and annual family home trips for overseas employees, Hyundai Motor is trimming its cost fat as it is headed for a fourth straight annual profit decline. just as SUVs have become more popular across many global markets, a product line-up that features more sedans than sport utility vehicles and…
What shape Brexit will take is still the question as the new year approaches. In return for securing control of immigration as well as most of its money and laws, the U.K. will surrender most of its existing economic and trade ties, according to a new report by a group of academics. “I’d put my…
As families, kids, and even child-less millennials looking for a new way to socialize with friends, board games are returning as a mainstream entertainment among these groups. The board game boom has led to cafes and bars focused on gaming apart from leading to the creation of new games. According to Euromonitor International, with expected…
In order to boost memory chip production and seeking to capitalize on an industry-wide surge in demand, South Korea’s SK Hynix Inc said on Thursday it will invest 3.16 trillion won ($2.7 billion) in its home country and China. Building a new plant to make NAND flash chips used for long-term data storage is the…
If there wasn’t fresh money coming in quickly, it would run out of cash at a faster pace than previously forecast, the third biggest Italian lender warned on Wednesday and hence time is running out for the bank. Its 10.6 billion euro ($11.5 billion) liquidity position could last for 11 months, Monte dei Paschi had previously…
With the International Energy Agency previously stating that the sun could be the planet’s biggest source of electricity by 2050, the potential of solar power is significant. The appetite for solar among some is becoming increasingly stronger in the U.K. “We’re in the middle of what you can only describe as an energy revolution in…
Consumer virtual reality (VR) has failed to gain traction from investors heading into the New Year even though it might have been a buzz phrase in the tech scene for most of 2016, according to a venture capitalist. “I think 2017 will be what we call the winter of VR … especially from an investment…
According to a study by the wine and spirits industry, more than half of the average Brit’s Christmas drink bill will go the taxman. According to research by the Wine and Spirits Trade Association (WSTA), U.K. consumers pay more in alcohol duty than most of their European Union (EU). In fact, in comparison to the typical…
Despite a conviction on negligence charges over a state payout made while she served as France’s finance minister in 2008, International Monetary Fund chief Christine Lagarde escaped punishment and kept her job. Hours after the verdict was issued by a panel of judges in Paris with no fine or jail term, the executive board representing the IMF’s 189…
