Business


BMW and Toyota sound no-deal Brexit alarm
- March 07, 2019

A final decision on whether to transfer some production of engines from Hams Hall in central England, where BMW built over 375,000 engines past year, to Austria has not yet been taken, Schwarzenbauer added. The carmaker has previously warned that significant delays at the border in a no-deal Brexit would force it into "stop-start" production at Burnaston. (more...)
Tesla's new Superchargers add up to 1,000 miles per hour Tesla's new Superchargers add up to 1,000 miles per hour
- March 07, 2019

The new V3 stations will charge up vehicles at 250 kW of power, making Tesla's vehicles the fastest charging vehicles in the world! Flawless for those quick bathroom stops. That in turn means less congestion and waiting at Supercharger stations, where long lines can sometimes form on holiday weekends. While much of the enabling technology for this comes from the new cable design and a 1 megawatt Supercharger power cabinet, Tesla is updating the Model 3 as well to optimize itself ... (more...)
Binance Coin (BNB) is a Binance Coin (BNB) is a "New Bitcoin", Says TRON CEO Justin Sun
- March 07, 2019

Disclosure: The author holds BTC, LTC, ETH, ZEC, AST, REQ, OMG, FUEL, ZIL, 1st and AMP at the time of writing . According to CoinMarketCap , at press time, the cryptocurrency was trading at $52.17 with a market cap of $3.16 billion. "If the markets are moving, it means people are trading, and Binance has a big share of those volumes". The Reddit community for Binance Coin is /r/binance . (more...)
These are the richest people in the world These are the richest people in the world
- March 07, 2019

However, the Sugar King's fall from the graces of the top 100 is in keeping with a wider trend according to Forbes - many other billionaires was the fortunes take a downward turn over the a year ago. Also on the list is Nigeria's first female billionaire, Folorunsho Alakija, with a networth of $1.1 billion. Mr Okada saw his ranking plunge to 1,168th this year, from 791st place in last year's list. (more...)
Ex-aide to Canada PM denies pressuring former minister over SNC-Lavalin
- March 07, 2019

Much turns now on that "different light" - Butts's testimony didn't shut this saga down, but sparked another call, a worthy one, to hear again from Wilson-Raybould. Broadly speaking, criminal cases get sorted out by a fair hearing of both sides: prosecution and defence, and the victor is the one with the clearest case. (more...)
I Can't Stop Watching Trump Call Tim Cook From Apple, 'Tim Apple' I Can't Stop Watching Trump Call Tim Cook From Apple, 'Tim Apple'
- March 07, 2019

A video clip shows Trump addressing Apple's CEO as " Tim Apple ". I mean, you've really put a big investment in our country. But we're opening it up. It appears the president may have unintentionally just given Tim Cook a new nickname that won't be going away anytime soon. He is also known for assigning nicknames to high-profile execs, which often make it into public discourse; past year, for example, Trump referred to Lockheed Martin CEO Marillyn Hewson as "Marilyn Lockheed ". (more...)
Facebook signals end of sharing with focus on private messaging Facebook signals end of sharing with focus on private messaging
- March 07, 2019

Amid a string of privacy scandals at the technology and publishing company, and a shift among younger generations towards preferring private conversations online, Facebook is moving away from its original aim of getting users to share everything publicly on their timeline. (more...)
China lowers growth target amid trade and debt fears China lowers growth target amid trade and debt fears
- March 07, 2019

The report reiterated that monetary policy will remain "prudent", while fiscal policy will be "proactive, stronger, and more effective". The current budget of China , which is the world's second largest military spender after the U.S., is three times higher than that of India. (more...)
IT'S BEEN A SLICE! Pizza pilot delivers for stranded passengers IT'S BEEN A SLICE! Pizza pilot delivers for stranded passengers
- March 07, 2019

The flight, which had left from Toronto for Halifax on Monday, was forced to divert to Fredericton after the Halifax airport was briefly shuttered due to severe weather. Larivee shared they called the pilot to inform him about the pizzas' arrival and the captain sent people to meet the delivery at the door. The Air Canada pilot took a "stressful" situation and made it "a lot easier", according to one passenger. (more...)
China revokes Richardson canola shipping permit as Huawei dispute escalates
- March 07, 2019

China's foreign ministry said Wednesday that it is blocking the canola-import permit for Winnipeg grain giant Richardson International due to fears of insect infestation, though some suggest this is just the latest swipe against the Canadian government for arresting a top Chinese tech executive. (more...)
'Imagine by Kia' - new all-electric concept vehicle revealed at Geneva auto show 'Imagine by Kia' - new all-electric concept vehicle revealed at Geneva auto show
- March 07, 2019

Imagine by Kia is finished in six layers of hand-applied chrome paint, over top of which the same lands laid a finish of bronze tint. There is an entirely new interpretation of Kia's "tiger nose" grille in the new illuminated "tiger mask" fascia. (more...)
Pompeo says Trump will walk if China trade deal isn’t ideal: interview Pompeo says Trump will walk if China trade deal isn’t ideal: interview
- March 07, 2019

However, the US wants to continue to have the threat of tariffs as leverage to ensure China will comply with any agreement. As part of the potential agreement, China would lower tariffs on agricultural products. As part of the deal, China would reduce tariffs on imported vehicles to below the current level of 15 percent and increase the purchase of U.S. goods, including an $18 billion buy of natural gas from Cheniere Energy Inc., the report said. (more...)
Huawei's Meng Wanzhou returns to BC courtroom today Huawei's Meng Wanzhou returns to BC courtroom today
- March 06, 2019

Lu cited "harmful organisms" he did not further identify as a threat. "I can tell you responsibly that the Chinese government's decision is definitely well-founded", Lu said. She said the agency had not identified any pests or bacteria of concern. China suspended its bilateral trade deal with Norway and restricted imports of Norwegian salmon after the Nobel Peace Prize was awarded to Chinese political prisoner Liu Xiaobo in 2010. (more...)
Cryptobirds auditors QuadrigaCX lacked cryptocurrency for $ 100 million Cryptobirds auditors QuadrigaCX lacked cryptocurrency for $ 100 million
- March 06, 2019

The latest in a series of events is that the "supposed" cold store wallets which hold C$190 million worth of cryptocurrencies have been empty since April 2018, according to a report released by EY on March 1. This is surprising since up to $16,000 have been deposited in various cryptocurrencies has been deposited in QuadrigaCX's hot wallet since January 31st. (more...)
It's back! Volkswagen unwraps new dune buggy concept… It's back! Volkswagen unwraps new dune buggy concept…
- March 06, 2019

Volkswagen has revived the idea of the dune buggy with a new all-electric concept vehicle called the I.D. Buggy. The concept has no roof or doors, showing MEB's versatile nature, but it does have a weatherproof interior with integrated seats and a digital cockpit. (more...)
John Schnatter to leave the Papa John’s board John Schnatter to leave the Papa John’s board
- March 06, 2019

John Schnatter will resign from the board of directors for Papa Johns as part of a settlement between the company and its founder. Papa John's did not respond to a request for comment on Tuesday morning. A week ago, the company said that because of "recent events" it had incurred special charges previous year of more than $90 million related to, among other items, "re-imaging costs at almost all domestic restaurants" as it removed Schnatter's image from the company's logo. (more...)
Australia and Indonesia set to sign trade pact Australia and Indonesia set to sign trade pact
- March 06, 2019

Trade Minister Simon Birmingham signed the Indonesia-Australia Comprehensive Economic Partnership Agreement with his Indonesian counterpart Enggartiaso Lukita in Jakarta yesterday, improving market access and opportunities for Australia's agriculture industries to sell their high-quality produce to Indonesia , now the world's fourth biggest economy. (more...)
Audi Q4 e-tron: compact electric SUV coming soon Audi Q4 e-tron: compact electric SUV coming soon
- March 06, 2019

The 150 kW rear motor is expected to do all the heavy lifting to keep the Q4 e-tron moving while the front motor's 75 kW kicks in for additional support when required. MLB, MQB - modular longitudinal platform and modular lateral platform: These component systems for vehicle development represent a great success story in all segments of Audi and the Volkswagen Group. (more...)
Tesla Model 3 temporarily blocked by China customs over incorrect labels Tesla Model 3 temporarily blocked by China customs over incorrect labels
- March 06, 2019

As a result of the improper labeling, the GAC has issued a notice banning the sale of any Tesla Model 3 in China until further inspections are carried out. Tesla made a profit in the second half of its financial year but chief executive Elon Musk said the firm is forecast to report a loss in the first quarter of this year. (more...)
Ex-boyfriend of woman whose body found in suitcase dies in crash Ex-boyfriend of woman whose body found in suitcase dies in crash
- March 06, 2019

Preethi Reddy , 32, was reported missing by her family on Sunday after she failed to come home from a dental convention at St Leonards . Police said that night, she stayed at a hotel on Market Street with a man known to her, believed to be her ex-boyfriend. (more...)
Virgin Atlantic no longer requires female flight attendants to wear makeup Virgin Atlantic no longer requires female flight attendants to wear makeup
- March 05, 2019

A representative for the airline confirmed to Business Insider that women are no longer required to wear makeup while working. However, they are also welcome to put on foundations and lipsticks chosen from the airlines existing colour palette. (more...)
Bugatti La Voiture Noir Is a $12.5 Million One-Off Atlantic Tribute Bugatti La Voiture Noir Is a $12.5 Million One-Off Atlantic Tribute
- March 05, 2019

But no, we're afraid you can't buy it as it's already sold. Only four Type 57 SC Atlantics were made between 1936 and 1938, with just three surviving to this day. A McLaren P1 style rear light bar illuminated the rear, shedding light in the six central exhaust pipes, another of the 57SC Atlantic's design quirks. (more...)
Japan unexpectedly grants ex-Nissan boss bail after months behind bars Japan unexpectedly grants ex-Nissan boss bail after months behind bars
- March 05, 2019

The Tokyo District Court says it has approved the release of former Nissan chairman Carlos Ghosn on 1 billion yen ($8.9 million) bail, ending almost four months of detention. "The court was partly influenced by the opinion of the entire world - people in general thought the detention period is too long". "We have made a decision to appeal to those United Nations bodies dealing with fundamental rights compliance", Francois Zimeray said, reading a statement issued by Ghosn's family. (more...)
Lyft Files for Stock Offering, Beating Uber to Wall Street Lyft Files for Stock Offering, Beating Uber to Wall Street
- March 05, 2019

They show that Lyft generated sales of $343.3m in 2016 which grew to $1.1bn the following year before doubling in 2018. In its filing, Lyft said it will pay cash bonuses of $1,000 and $10,000 to drivers who meet certain criteria, and that drivers may use those bonuses to buy the company's shares. (more...)
Google Realizes They Were Underpaying Men After Investigation Into Gender Wage Discrimination Google Realizes They Were Underpaying Men After Investigation Into Gender Wage Discrimination
- March 05, 2019

Google did not specify how many of those employees were men, or what percentage of that pay adjustment total male software developers received. In response to the findings, Google dolled out an additional $9.7 million in wages to make up for the difference in pay for the 10,677 employees impacted by the wage disparity, averaging around $908 per employee, though it isn't clear that all of those pay raises went to male employees. (more...)

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