Economy

Ioniq 5: Teaser Photos, Features

Ioniq 5: Teaser Photos, Features

Ever since Hyundai split the new IONIQ marque from the mothership , we already knew the first arrival for the freshly minted brand would be the IONIQ 5 CUV. "Beginning with IONIQ 5, our dedicated B...

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Apple supplier Foxconn inks partnership with Geely for contract manufacturing of cars

Apple supplier Foxconn inks partnership with Geely for contract manufacturing of cars

Geely and Foxconn didn't disclose the financial details or the operation timeline of the joint venture. Based on composition of the board of directors, Foxconn will hold more power in the joint vent...

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Ford to End Manufacturing in Brazil, Take $4.1 Billion Charge

Ford to End Manufacturing in Brazil, Take $4.1 Billion Charge

Vehicle sales dropped 28.57 percent and that of buses by 33 percent. Chief executive Jim Farley said it was a "very hard but necessary" decision. "We are moving to a lean, asset-light business model...

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Apple reportedly close to signing deal with Hyundai for electric vehicle development

Apple reportedly close to signing deal with Hyundai for electric vehicle development

Where a tie-up with Hyundai becomes interesting is that the company, under the proposed deal, would also assist Apple with the development of the so-called Apple Car , including the application o...

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Two Wrong Guesses And This Programmer Loses USD 241M in Bitcoin

Two Wrong Guesses And This Programmer Loses USD 241M in Bitcoin

At this time, each bitcoin was worth around $5 per coin . Currently, about $140bn worth of Bitcoin is lost or left in wallets that can not be accessed, according to cryptocurrency-data company Ch...

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YouTube bans Trump's account for at least one week

YouTube bans Trump's account for at least one week

Please see our Privacy Notice for details of your data protection rights. Google-owned YouTube on Tuesday temporarily suspended President Donald Trump's channel and removed a video for vio...

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Petrol, diesel price surge continues on fall in USA oil inventory

Petrol, diesel price surge continues on fall in USA oil inventory

Petrol and diesel prices were hiked up to 25 paise across the major cities in the country on Wednesday (January 13) after a hiatus of around a week. In Kozhikode , it is Rs 84.66 and for diesel...

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Hyundai to launch its first high-performance SUV in 2021, the Kona N

Hyundai to launch its first high-performance SUV in 2021, the Kona N

Hyundai has released further details surrounding its new Kona N. In September 2020, Hyundai unveiled the "warm" 2021 Kona N-Line. While official power and torque figures have not been confirmed...

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Walmart to launch fintech startup

Walmart to launch fintech startup

The venture will bring together Walmart's retail knowledge and scale with Ribbit's fintech expertise to deliver "tech-driven financial experiences tailored to Walmart's customers and associates"...

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Sony previews Airpeak drone with Alpha camera system

Sony previews Airpeak drone with Alpha camera system

Sony has partnered with some key players, including automotive contract manufacturer Magna Steyr, on this project. The array of cameras at the top of the windscreen also appears to be larger than bef...

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Oil rises above $56 as tighter supply offsets coronavirus concern

Oil rises above $56 as tighter supply offsets coronavirus concern

Oil prices hit their highest level in almost a year and were on track for a weekly gain on Friday, supported by Saudi Arabia's pledge to cut output and strong gains in major equity markets. Shijiazh...

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Gold rises as rally in USA dollar, Treasury yields hits brakes

Gold rises as rally in USA dollar, Treasury yields hits brakes

The pan-European STOXX 600 index lost 0.67%. Gold prices edged up on Wednesday as the dollar pulled back and the U.S. Treasury yields traded lower, while the outlook of a massive U.S. The view that ...

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Tesla All Set For India Launch; Registers Indian Subsidiary In Karnataka

Tesla All Set For India Launch; Registers Indian Subsidiary In Karnataka

Tesla Motors India and Energy Private Limited was incorporated on January 8 with its registered office in the southern city of Bengaluru, a hub for several global technology companies. This can be an ...

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Fall in food prices helps retail inflation ease to 4.6% in December

Fall in food prices helps retail inflation ease to 4.6% in December

Other data released by the National Statistical Office (NSO) on Tuesday, however, showed that a nascent industrial recovery, which had begun in September, retreated in November as industrial output sh...

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Prince Charles shares ‘terrifying future warning: Covid-19 wont be the last

Prince Charles shares ‘terrifying future warning: Covid-19 wont be the last

Evoking the Magna Carta, seen as the establishment of modern civil rights in the United Kingdom, the new environmental charter sets out 10 Articles for signatories to commit to. Indian solar energy fi...

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Renault Formula One team principal Abiteboul leaves team

Renault Formula One team principal Abiteboul leaves team

Former lead driver, Australian Daniel Ricciardo announced his move to McLaren in May a year ago allowing Fernando Alonso to return to the Grand Prix scene. Group strategy and business development dire...

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Bush remembers GOP megadonor Sheldon Adelson as a 'friend' and 'American patriot'

Bush remembers GOP megadonor Sheldon Adelson as a 'friend' and 'American patriot'

Adelson, of complications from a long illness", said his wife, Dr. Miriam Adelson . "He was an American patriot and a strong supporter of Israel". Las Vegas Sands properties include The Venetian...

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Bank bad loans may grow 2 times by September: RBI

Bank bad loans may grow 2 times by September: RBI

In its previous report, the RBI had projected the gross non-performing assets (GNPA) ratio of banks may rise to 14.7 per cent by March 2021. India's central bank warned that an expected doubling of ...

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Deutsche Bank to pay 100 million dollars to avoid bribery charge

Deutsche Bank to pay 100 million dollars to avoid bribery charge

DuCharme of the Eastern District of NY. The bank's agreement to avoid prosecution comes in the waning days of the administration of President Donald Trump, who had a longtime personal business as...

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Apple Car could be made in the USA by Hyundai in 2024

Apple Car could be made in the USA by Hyundai in 2024

One more thing . The world's most valuable tech company is reportedly all set to release their very own vehicle. Korean local newspaper Korea IT had reported earlier on Sunday citing unnamed sourc...

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Gold edges up from six-week low as equities cool off

Gold edges up from six-week low as equities cool off

Twitter Inc. fell after the social media platform permanently banned President Donald Trump after a mob invaded the Capitol building last week. "Ultimately it goes back to the 10- year", wrote KC Ra...

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GM unveils new logo as it prepares for electrified future

GM unveils new logo as it prepares for electrified future

The company is also launching a new marketing campaign based around its upcoming line up of EVs. "Inflection points. We believe such a point is upon us for the mass adoption of electric vehicles (EV)"...

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Nio aims to overtake Tesla in China with its first electric sedan

Nio aims to overtake Tesla in China with its first electric sedan

The pre-booking price is 5000 yuan and users will also get an additional 5000 yuan discount in doing so. It's not uncommon to hear engineers describe the current crop of battery-powered EVs as a ste...

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Russia, Kazakhstan To Increase Oil Output Following OPEC+ Meeting

Russia, Kazakhstan To Increase Oil Output Following OPEC+ Meeting

U.S. crude oil inventories decreased by 8.0 million barrels during the week ending January 1, the U.S. Energy Information Administration (EIA) said in a report on Wednesday. The increases in product...

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Burger King unveils new minimalistic logo

Burger King unveils new minimalistic logo

The bright colors in shades of brown, red and green are a nod to Burger King's flame cooking process and its use of fresh ingredients, the company said. But others approved of the new branding, sa...

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M&S clothing sales hammered by lockdowns in Christmas quarter

M&S clothing sales hammered by lockdowns in Christmas quarter

In yet another instance proving that 2021 is just as delightful as 2020 so far, Mark's and Spencer bosses have warned that the supply of Percy Pigs into Ireland is under threat. On a comparative basis...

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Red Deer unemployment rate dips below 10%

Red Deer unemployment rate dips below 10%

Last month's job loss came nearly entirely in hospitality and leisure industries - including restaurants and hotels - which lost 498,000 jobs. Some 52,000 jobs were lost last month in the Toronto ...

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House prices end 2020 at record high but growth slows in December

House prices end 2020 at record high but growth slows in December

United Kingdom house prices rose to a record high last month as a government incentive to buy and a desire to move out of big cities boosted demand. Capital Economics said: "2020 may well have bee...

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Gold plunges ₹ 614, silver tanks ₹ 1,609

Gold rates are lower by Rs 6,000 per 10 grams, compared to August's high of Rs 56,200.Price is so high in global marketsIn global markets, gold fell 0.1 percent to USD 1,911.32 an ounce from a stro...

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Second positive case of COVID-19 at St. F.X

Second positive case of COVID-19 at St. F.X

According to McNeil, the move comes in response to a recent increase in case numbers in New Brunswick. A second COVID-19 case has been confirmed at St. Permanent residents of Prince Edward Island an...

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All-women crew for Air India's inaugural San Francisco-Bengaluru flight

All-women crew for Air India's inaugural San Francisco-Bengaluru flight

Sporting a black uniform and donning the Air India's cap, the women were received at the airport by the Air India team members which had put out a banner reading, "A warm welcome to our guests on the ...

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Mega Millions results for 01/08/21; did anyone win the $520M jackpot?

Mega Millions results for 01/08/21; did anyone win the $520M jackpot?

No one across the country hit Tuesday's $447 million jackpot, though there were four second-prize tickets sold. Those were sold in California, Georgia, Massachusetts, New Jersey and here in NY. Fl...

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United Kingdom imposes mandatory COVID-19 tests for worldwide travellers amid virus surge

United Kingdom imposes mandatory COVID-19 tests for worldwide travellers amid virus surge

Those passengers who do not comply with the regulations, which also apply to British nationals, face a £500 (US$678, ?552) fine. More countries have been heightening safety measures to prevent the s...

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Hyundai confirms Apple self-driving auto negotiations - Automotive

Hyundai confirms Apple self-driving auto negotiations - Automotive

That Apple is now back to building a so-called Apple Car again is a leap forward from simply being able to deliver autonomous vehicle technology. Yet, investors have already reacted , and fans st...

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Brisbane's snap lockdown to end but restrictions to remain

Brisbane's snap lockdown to end but restrictions to remain

Restaurants and shops can re-open but must obey a one person per four square metre rule until 1am on January 22, Premier Annastacia Palaszczuk added. "It has been absolutely truly remarkable", Ms Pala...

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