Toyota teams up with Panasonic to build electric auto batteries

Panasonic will transfer equipment, assets and workers from its plants in Japan and China to the joint venture, which will employ 3,500 workers from both companies. Today's announcement also reflects the growing competition among battery manufacturer... More..

by | Published 3 hours ago
Saudi Arabia plans oil refinery, petrochemicals plant in S
by | Wednesday, January 23, 2019

Saudi Arabia plans oil refinery, petrochemicals plant in S

Supplying 40% of South Africa's crude oil, according to the Department of Energy, Saudi Arabia's significance as a trade partner can not be overstated. "Investments in the South African energy sector are at the...More..

Dyson hires former Infiniti chief to head its electric-cars business
by | Wednesday, January 23, 2019

Dyson hires former Infiniti chief to head its electric-cars business

Dyson announced previous year that he will be manufacturing their new electric cars from Singapore, and not the UK. Chief executive Jim Rowan, who is already based in Singapore, said Asia is responsible for ...More..

Dollarama launches online shopping
by | Wednesday, January 23, 2019

Dollarama launches online shopping

After a successful five-week pilot project, Dollarama has officially launched their online store in Canada today. Dollarama has launched Canada-wide online shopping for the first time, and the ultra low-...More..

Attenborough urges Davos leaders to act on climate change
by | Wednesday, January 23, 2019

Attenborough urges Davos leaders to act on climate change

Prime Minister Jacinda Ardern is spending her first day at the World Economic forum in Switzerland, on a panel dealing with climate change alongside Sir David Attenborough . He added that those in the room mus...More..

FAA says drone sightings temporarily halted traffic into Newark Airport
by | Wednesday, January 23, 2019

FAA says drone sightings temporarily halted traffic into Newark Airport

The bi-state Port Authority of NY and New Jersey manages the airport and holds the purse strings for these kinds of potentially pricey endeavors. The ground stop was issued at 5:30 p.m. The Newark airport is ...More..

Builder uses digger to smash up new hotel lobby
by | Wednesday, January 23, 2019

Builder uses digger to smash up new hotel lobby

Footage posted on social media shows the ponderous machine being driven up some steps towards the entrance of a Travelodge being built in the Innovation Park area of the city. No one was injured in the inciden...More..

Starbucks begins expanded delivery service to 6 US cities
by | Wednesday, January 23, 2019

Starbucks begins expanded delivery service to 6 US cities

The coffee giant is rolling out Starbucks Delivers in six additional USA cities, starting in San Francisco. It tested the idea in 200 Miami stores last fall. In addition, the company will test Starbucks Deliv...More..

Tesla gets green light to start delivering Model 3 in Europe
by | Wednesday, January 23, 2019

Tesla gets green light to start delivering Model 3 in Europe

It has suffered plenty of production woes in the last couple of years, too, not just with the Model 3 . Musk claims Tesla also made a smaller profit in the fourth quarter, and is hoping to make a "tiny profit"...More..

Huawei not only firm that could build Canada's eventual 5G networks: Liberals
by | Wednesday, January 23, 2019

Huawei not only firm that could build Canada's eventual 5G networks: Liberals

The letter said both Kovrig and Spavor worked to improve understanding of China and to promote better relations with the world. Ren has vehemently denied the allegations by the USA and other countries that ...More..

Founder of Canadian skincare company Deciem dead at 40
by | Wednesday, January 23, 2019

Founder of Canadian skincare company Deciem dead at 40

After his death, Deciem paid tribute to Brandon in an Instagram message . It quickly became one of the most disruptive in the cosmetic industry, mainly because of its low prices, skyrocketing sales, and cust...More..

by | Wednesday, January 23, 2019

Brexit backer James Dyson ditches Britain for Singapore with headquarters move

The 71-year-old inventor has become one of Britain's best-known entrepreneurs, creating a multibillion-dollar company from an insight that a cyclone could collect household dust better than a clogged-up bag. Bu...More..

Maruti Baleno bookings start at Rs 11,000
by | Tuesday, January 22, 2019

Maruti Baleno bookings start at Rs 11,000

At the moment, bookings for the facelift have opened up at NEXA showrooms and one can go and book the vehicle for a booking amount of INR 11,000. The updated version of the hatchback gets a newly-designed fro...More..

International Monetary Fund warns on eurozone slowdown
by | Tuesday, January 22, 2019

International Monetary Fund warns on eurozone slowdown

Unveiling the forecasts at the World Economic Forum in Davos , Switzerland, IMF managing director Christine Lagarde said: 'After two years of solid expansion, the world economy is growing more slowly than expe...More..

China Demands US Drop Extradition of Huawei Executive
by | Tuesday, January 22, 2019

China Demands US Drop Extradition of Huawei Executive

At least three Canadian citizens in China have found themselves in legal trouble since Meng's detention was first reported. The United States has informed the Canadian government that it plans to proceed with...More..

Nissan CEO denies knowledge of Renault integration plan
by | Tuesday, January 22, 2019

Nissan CEO denies knowledge of Renault integration plan

Ghosn's latest bail hearing comes exactly two months after he was detained by Japanese authorities who were investigating allegations Ghosn and another Nissan executive, Greg Kelly, did not disclose the full ...More..

Has Beijing done enough to stop slowdown in China growth?
by | Tuesday, January 22, 2019

Has Beijing done enough to stop slowdown in China growth?

The goal would be to completely wipe away a Chinese trade surplus with the U.S.by 2024 that came in at $323 billion in 2018. But the slowdown has been sharper than expected, prompting Beijing to step up governm...More..

by | Tuesday, January 22, 2019

"India's Economy Healthy, May Grow 7.5%": IMF Chief Economist To NDTV

The main policy priority is for countries "to resolve cooperatively and quickly their trade disagreements and the resulting policy uncertainty, rather than raising harmful barriers further and destabilising an ...More..

China's Economy Slows to Lowest Level in almost 30 YEARS
by | Tuesday, January 22, 2019

China's Economy Slows to Lowest Level in almost 30 YEARS

Beijing has also said it will pass other measures to stimulate growth, including cutting taxes and making it easier for banks to lend. The world's second-largest economy is on a long-term slowing trajectory ...More..

by | Monday, January 21, 2019

International Monetary Fund update points to continuing global slowdown

The IMF cut its forecast for global growth this year to 3.5 percent, from the 3.7 percent it had predicted in October and down from 2018's 3.7 percent. "However, we believe the risks to more significant downw...More..

by | Monday, January 21, 2019

China's economic growth sinks to 3-decade low in 2018

Both exports and imports fared worse than expected in December, according to the figures released Monday by the General Administration of Customs (GAC). The figures suggest that China may no longer be able to h...More..

Donald Trump cancels Cabinet members' trip to Davos due to shutdown
by | Monday, January 21, 2019

Donald Trump cancels Cabinet members' trip to Davos due to shutdown

Shattering the 21-day record set in 1995, the ongoing partial government shutdown has become the longest closure in US history as he continues to insist on funding for his border wall, a demand that Democrats h...More..

Massive data breach exposes millions of emails and passwords
by | Monday, January 21, 2019

Massive data breach exposes millions of emails and passwords

Hunt's latest discovery, now entitled "Collection #1", is the single largest breach on his site by a huge margin. "The first site on the list I shared was 000webhost who was breached in 2015, but there's also...More..

France hands Google record £44m fine for breaching privacy rules
by | Monday, January 21, 2019

France hands Google record £44m fine for breaching privacy rules

The National Data Protection Commission said it fined the US internet giant for "lack of transparency, inadequate information and lack of valid consent" regarding ad personalization for users. Users are also ...More..

by | Monday, January 21, 2019

May considering amending Good Friday deal to break Brexit impasse

His comments hint at growing concerns among European Union leaders that pressuring the United Kingdom into accepting the backstop will backfire and lead to "no deal" - paradoxically creating the hard border whi...More..

United plane from Newark stranded in Canada for 17 hours
by | Monday, January 21, 2019

United plane from Newark stranded in Canada for 17 hours

Passengers were not allowed to leave the airplane because the Goose Bay Airport did not have a customs officer on duty during the overnight hours. "I think there was miscommunication between ground crew at Go...More..

China's economic growth slowest since 1990 amid trade war with US
by | Monday, January 21, 2019

China's economic growth slowest since 1990 amid trade war with US

Retail sales grew 8.2 per cent December compared to a year earlier, up from 8.1 per cent in November, which was the lowest growth rate in 15 years, since 4.3 per cent in May 2003. But the slowdown has been shar...More..

Canadian Inflation Unexpectedly Accelerates on Surge in Airfares
by | Monday, January 21, 2019

Canadian Inflation Unexpectedly Accelerates on Surge in Airfares

The cost of living increased at a two per cent annual pace in December, as cheaper energy prices were offset by higher prices for just about everything else. British Columbia posted the largest year-over-year...More..

Facelifted Mondeo includes hybrid estate and new diesel tech
by | Monday, January 21, 2019

Facelifted Mondeo includes hybrid estate and new diesel tech

It is only available in conjunction with the new eight-speed auto transmission. Ford also promises improved fit and finish on the centre console for an "even more premium feel". From now on, the sole petrol opt...More..

Tesla to cut workforce by 7%, sees smaller fourth-quarter profit
by | Sunday, January 20, 2019

Tesla to cut workforce by 7%, sees smaller fourth-quarter profit

In the email , Musk also provided some guidance on Tesla's Q4 financial performance, saying that the company made a GAAP profit again in Q4, but smaller than the Q3 profit, which Musk considers "our first ...More..