Business


Panasonic 'suspends transactions' with Huawei after USA ban Panasonic 'suspends transactions' with Huawei after USA ban
- May 27, 2019

Huawei has been at the epicentre of the US-China power struggle for months. According to Japanese press such as NHK, Panasonic made a decision to supply some of its products to Huawei. The US government temporarily eased the restrictions on Tuesday by granting Huawei a 90-day license to buy US goods, in a bid to minimize disruption for its customers. (more...)
Jet Airways Founder Naresh Goyal, Wife Anita Denied Permission to Travel Abroad Jet Airways Founder Naresh Goyal, Wife Anita Denied Permission to Travel Abroad
- May 26, 2019

The MCA is probing the affairs at Jet Airways, which has grounded its flights following a financial crisis at the airline. The disclosure came after Naresh Goyal and his wife Anita Goyal were stopped by immigration authorities at Mumbai airport , minutes before their aircraft was about to take off for London via Dubai, the officials said. (more...)
AEW Double or Nothing AEW Double or Nothing
- May 26, 2019

AEW's Double or Nothing has begun! When is Double or Nothing? Live from the MGM Grand in Las Vegas, Nevada, it's AEW's Double or Nothing! The show kicks off at 8pm ET, 5pm PT and 1am in the United Kingdom on Sunday. Like every person on the internet, GameSpot's Wrestle Buddies, Mat Elfring and Chris E. Hayner have opinions about who will win and lose the matches at Double or Nothing , and you can check those all out below. (more...)
Facebook will launch its own cryptocurrency in 2020, report says Facebook will launch its own cryptocurrency in 2020, report says
- May 26, 2019

The social media bull wants to develop a crypto which will offer affordable and more secure means of conducting financial payments, irrespective of whether the customer holds a bank account or not. " Facebook's idea is to launch their own crypto", Ben Mezrich, the author of the book that later became the film " The Social Network ", told CNBC's Squawk Box Friday. (more...)
Next Vauxhall Corsa to include all-electric model Next Vauxhall Corsa to include all-electric model
- May 26, 2019

We're just gonna get it out of the way now: this new Opel Corsa won't come to the United States. A 11kW on-board charger is included as standard and works with home and rapid chargers, with the latter enabling an 80% capacity battery charge in 30 minutes. (more...)
Audi TT to be axed, will be replaced by sporty EV Audi TT to be axed, will be replaced by sporty EV
- May 26, 2019

Audi is one of many vehicle firms pushing towards electrification, with more and more models adopting an electrical powertrain in the quest for lower emissions and better economy. The luxury carmaker saw a decline of 5.9 percent from the beginning of this year. Making matters worse for the TT is the steady rise of future-proof electric cars and haemorrhaging losses in lieu of the diesel-gate scandal among other factors. (more...)
The Tesla (TSLA) Target Price Boosted to $210.00 at Barclays The Tesla (TSLA) Target Price Boosted to $210.00 at Barclays
- May 26, 2019

Following the March 31st, 2106 Model 3 reveal event and the Model 3 delivery event in July, Tesla continually climbed quickly passing 200 before settling and staying above 350. General Electric Company debt-to-equity ratio now stands at 3.06, while its quick ratio hovers at. Tesla (NASDAQ: TSLA ) last issued its earnings results on Wednesday, April 24th. (more...)
Microsoft Pulls Huawei Server Products, Laptop Following US Ban Microsoft Pulls Huawei Server Products, Laptop Following US Ban
- May 25, 2019

A Google spokesman declined to comment. Ren was quoted by the South China Morning Post as saying that one can not associate patriotism with buying Huawei phones. A lot has happened with Huawei over the course of the last week. "On the basis of relevant laws and compliance regulations, we continue to sell goods and services to Chinese customers such as Huawei , and contribute to the Panasonic team's meager efforts in China to contribute to the development of China's business". (more...)
May FOMC meeting minutes show Fed's patience on rate changes May FOMC meeting minutes show Fed's patience on rate changes
- May 25, 2019

Still, Dallas Federal Reserve president Robert Kaplan in a Wednesday interview on Fox Business said that to move rates higher or lower, "I would need to see something compelling..." In accordance with the FOMC's neutral view, the minutes noted that "members observed that a patient approach to determining future adjustments to the target range for the federal funds rate would likely remain appropriate for some time". (more...)
Honda Civic Type R OveRland Has A Four-Inch Lift, Off-Road Tires Honda Civic Type R OveRland Has A Four-Inch Lift, Off-Road Tires
- May 25, 2019

Called the Civic Type R OveRland, it was built in collaboration between Honda UK and Ralph Hosier Engineering . The first, created by Team Dynamics Motorsport , has been designed to "showcase the potential of the Civic Type R". Some of the important changes have helped in gaining more performance and greater handling off the tarmac. Topping the second concept off is a set of Dunlop DZ03G racing tires and a set of Team Dynamics 19-inch Pro-Race lightweight wheels. (more...)
Amazon shareholders support selling face-recognition tech to police Amazon shareholders support selling face-recognition tech to police
- May 25, 2019

In the past year Amazon (AMZN) has found itself at the center of a growing debate over the use of facial recognition by governments, with critics warning of false matches and arrests and proponents arguing it keeps the public safe. That's prompted significant pushback, as activist groups and lawmakers worry that the software could be used to target certain groups, or may have inherent biases . (more...)
Google to face GDPR Privacy investigation Google to face GDPR Privacy investigation
- May 25, 2019

Tough laws could be hard for smaller companies, but big firms like Microsoft , Apple, Facebook, Google and basically any USA company that trades internationally, could benefit from stricter laws if they align better with the European Union's and other nation's laws that use it as a reference. (more...)
DJI's 2020 Drones Include Aircraft Detection System DJI's 2020 Drones Include Aircraft Detection System
- May 25, 2019

New DJI drone models which exceed 250g in weight will be fitted with the new ADS-B system, allowing them to detect manned-aircraft fitted with the same system. "DJI is the world's leader in commercial and civilian drone industry, accounting for over 70% of the drone market". What do you think of DJI AirSense? The DJI Matrice series and the Mavic 2 Enterprise both already have AirSense. (more...)
Oil pares biggest weekly loss of 2019 as supply, trade fears mix Oil pares biggest weekly loss of 2019 as supply, trade fears mix
- May 24, 2019

Saudi Arabia is the de-facto leader of OPEC. Brent crude futures were down $0.7 at $71.48 a barrel by 0906 GMT and are set for their biggest daily fall in 11 days. -China trade war, which has investors increasingly anxious about the state of the global economy and, by extension, the outlook for global oil demand growth for the rest of the year. (more...)
British Steel collapses threatening 5000 jobs hours before Euro election British Steel collapses threatening 5000 jobs hours before Euro election
- May 24, 2019

Turning a profit in steel is especially hard in Britain, where steelmakers pay some of the highest green taxes and energy costs in the world and are saddled with high labour costs and business rates. The government admitted that it has already provided the company with a 120 million pounds (152 million dollars) bridging facility to enable it to meet its emissions trading compliance costs. (more...)
Beef Recall 2019: Another Meat Recall For E. Coli Contamination Beef Recall 2019: Another Meat Recall For E. Coli Contamination
- May 24, 2019

So far, there have not been any confirmed reports of anyone falling ill after eating the meat. Consumers with questions about the recall can contact David Stewart, director of sales and marketing for Aurora Packing at 630-897-0551. Hemolytic uremic syndrome (HUS), a type of kidney failure, is uncommon with STEC O103 infection. Individuals displaying these symptoms should seek emergency medical treatment. (more...)
Trump admin sending another $16 billion to ailing farmers Trump admin sending another $16 billion to ailing farmers
- May 23, 2019

On Thursday, China blamed Washington for wrecking the talks and insisted the US must alter its "wrong practices" before negotiations can resume. "You can't have the world's two largest economies in a long, drawn-out mutually destructive trade war and not slow the global economy", said Art Hogan, chief market strategist at National Securities Corporation. (more...)
Australia’s central bank points to world trade reversal Australia’s central bank points to world trade reversal
- May 23, 2019

After the RBA's minutes and Governor Philip Lowe's speec yesterday h the Overnight Indexed Swap rate increased the odds of an RBA rate cut for June to 70%. "These measures would enhance the effectiveness of rate cuts by allowing serviceability assessments to track RBA rate cuts more closely", Mr Thompson said. (more...)
Panasonic joins firms stepping away from Huawei after U.S. ban Panasonic joins firms stepping away from Huawei after U.S. ban
- May 23, 2019

However, EE does intend to use Huawei within its radio access network (Ran), which allows users to send data to and from the core. 5G technology is the next generation of mobile network and is expected to offer internet speeds several times that of the existing generation 4G. (more...)
China's 3 biggest airlines seek compensation over 737 Max grounding China's 3 biggest airlines seek compensation over 737 Max grounding
- May 23, 2019

Ryanair Holdings Plc predicted that its customers will embrace Boeing Co.'s stricken 737 Max jetliner once the model returns to service after being grounded in the wake of two air crashes in five months . He would give only his surname, Wang. The complaint alleges Boeing failed to inform pilots properly about the risks posed by software meant to prevent the 737 MAX from stalling which repeatedly lowered the plane's nose due to a faulty sensor data, according to USA attorney Nomaan Husain. (more...)
Huawei has built a Play Store alternative, but it could be useless Huawei has built a Play Store alternative, but it could be useless
- May 22, 2019

Despite efforts, without access to Android and other American products, Huawei's App Gallery is probably pretty useless. However, the restrictions were lifted shortly after under a temporary general license for 90 days. How will existing Huawei users be affected? Huawei's response seems to be working on its app store, according to a new report in Bloomberg , that would have also reduced its dependence on Google Play. (more...)
Chevrolet unveils feature that disables vehicle unless seat belt is buckled Chevrolet unveils feature that disables vehicle unless seat belt is buckled
- May 22, 2019

Only 59 percent of teens in the US self-report wearing a seat belt while driving - that's low. Of the people killed in vehicle crashes in 2017, 47 per cent weren't wearing seatbelts. This builds on an already impressive collection of features that Teen Driver offers. Buckle to Drive is one of several features available in Teen Driver, which is linked to a specific keyfob and can also mute the radio when seatbelts are undone, set off an alarm if you break a certain speed and limit the top ... (more...)
United States 'underestimates' Huawei, says founder Ren Zhengfei
- May 22, 2019

He also touched on European Union concerns about trade wars. Meanwhile, CEO and founder Ren Zhengfei brushed off comments about Huawei's finances will be undermined as a result of the US blacklist. On Monday, Huawei Technologies was granted a 90-day temporary license across the board, allowing support for existing networks and devices. Huawei doesn't intend to isolate itself from others, but wants to make as many friends as possible, its founder Ren Zhengfei told Chinese media on ... (more...)
British telecoms giant EE says to launch 5G without Huawei
- May 22, 2019

A couple of weeks ago, Vodafone announced plans to become the first United Kingdom carrier to offer 5G, with the service set to go live in July. EE said it will initially launch in six cities: London, Cardiff, Belfast, Edinburgh, Birmingham and Manchester, with more to follow before the end of the year and into 2020. (more...)
ARM 'stops' all work with Huawei after USA ban ARM 'stops' all work with Huawei after USA ban
- May 22, 2019

ARM staff have also been instructed to "politely decline" and end conversations related to business with Huawei employees at industry events. A litany of US companies - including Google, Intel, Qualcomm, and Broadcom - have cut ties with the Chinese manufacturer following a trade ban, and ARM is now joining the list. (more...)

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