Bombardier unveils small business jet – the Liberty Learjet 75
A revamped version with a better price points and lower operating costs, Bombardier is aiming to gain some marketshare from Brazil’s Embraer.
U.S. planemaker Gulfstream unveils flagship G700 long-range jet
The Gulfstream G700 poses a direct challenge to Bombardier’s Global 7500. Gulfstream, a U.S. planemaker unveiled its widely-expected G700 long-range jet in a direct challenge to Bombardier Inc’s Global 7500 flagship aircraft. Gulfstream Aerospace, a unit of General Dynamics Corp, stated the G700 would be powered by Rolls-Royce Holdings PLC’s Pearl 700 engines. It expects…
Harley-Davidson halts production of its electric motorcycle following discovery of a glitch
According to the U.S. motorcycle maker testing of LiveWire is going “well”. Following the discovery of a glitch during final quality checks, U.S. motorcycle giant Harley-Davidson Inc stated, it has stopped the production and deliveries of its first electric motorcycle. In a statement the motorcycle maker stated, it has discovered a “non-standard condition” with its…
Amazon looking to expand its grocery delivery business across Western North America
Amazon is planing to expand its Prime Now service to nearly all of its roughly 475 Whole Foods stores in the country and not just limit the expansion to Western North America. According to a report from the Wall Street Journal, Amazon.com Inc plans on expanding its Whole Foods Market portfolio by adding more stores…
Groceries delivery startup Instacart launches pickup service across the United States
This new service deepens Instacart’s relationship with existing partnerships including Germany’s Aldi. Groceries delivery startup Instacart stated it is in the process of launching a new service, Instacart Pickup, across the United States; the service will enable customers to order groceries and choose either delivery or store pickup options. The nation-wide rollout of the new…
Elon Musk delivers on promise, Tesla’s earning beat analyst’s estimate
With wider margins, a rise in net profits, and a positive cash flow, Elon Musk has delivered on his promise. Here’s the low down on how Tesla’s Chief Financial Officer Deepak Ahuja and Musk managed Tesla’s operations in a capital efficient manner. In a significant development, Tesla’s Chief Executive Elon Musk delivered on his…
IKEA targets reduced carbon footprint from deliveries in major cities by 2020
IKEA Group to aims to provide all of its deliveries vide EV or zero emission vehicles by 2025. On Friday, IKEA Group, the owner of most IKEA stores worldwide, stated, all of its home deliveries in the inner cities of Paris, Amsterdam, New York, Los Angeles, and Shanghai would be made by electric vehicles or…
Kroger begins testing of driverless grocery deliveries from today
Deliveries by self-driving cars from the Fry’s store will cost $5.95 with no minimum order and will be available at addresses within the store’s zip code of 85257. On Thursday, U.S. supermarket operator Kroger Co stated it will begin testing driverless grocery deliveries from today and to do so it has partnered with tech firm…
Detected limited intrusion of malware: Boeing
Although a few of its systems were affected by malware, due to timely remedial measures neither deliveries nor production was affected by the intrusion. Boeing Co’s vice president stated the planemaker had “detected a limited intrusion of malware” that had affected “a small number of systems”. Media reports that malware had caused disruptions in Boeing…
Airbus sees itself taking a leadership role in airplane in 2020
Although it lags slightly behind its peer, Boeing, citing its record backlog, Airbus sees itself delivering more planes than its rival in 2020. On Monday, Airbus stated it is just three years away from gaining a leadership role in the commercial aircraft market by producing more aircrafts than its peer Boeing. Having disclosed the number…
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