Money


Huawei founder says he would oppose Chinese retaliation against Apple Huawei founder says he would oppose Chinese retaliation against Apple
- May 27, 2019

In some of his first public comments since the ban took effect, Ren downplayed the possibility that China could retaliate by imposing similar limits on Apple . Huawei has made it clear that their preference would be for a settlement of trade hostilities between United States of America and China which will likely also resolve their own issues with the U.S. (more...)
AAA: Gas price won't hold back Memorial Day travel AAA: Gas price won't hold back Memorial Day travel
- May 27, 2019

The Memorial Day holiday travel period is defined as Thursday, May 23 to Monday, May 27. According to AAA , about 90% of Memorial Day Weekend travelers will be driving this holiday weekend, and there was certainly evidence of that on the roads. (more...)
US blacklisting of Huawei prompts global firms to follow suit US blacklisting of Huawei prompts global firms to follow suit
- May 27, 2019

US Secretary of state Mike Pompeo threw Huawei CEO Ren Zhengfei then, about the Connections of the group to the Chinese government and the Communist party of China to lie. Huawei depends on some USA suppliers for parts. Washington is lobbying Britain not to use Huawei's products, and yesterday, South Korean newspaper Chosun Ilbo reported that similar pressure was being placed on Seoul. (more...)
Fiat Chrysler and Renault merger would create Fiat Chrysler and Renault merger would create "world leader"
- May 27, 2019

Renault welcomed the idea. In a separate statement, the French carmaker said its board will meet later in the morning to discuss the proposal. France will be "particularly vigilant regarding employment and industrial footprint", another Paris official said - adding that any deal must safeguard Renault's alliance with Nissan , which had recently rebuffed a merger proposal from the French carmaker. (more...)
Renault and Fiat plan to create largest carmaker Renault and Fiat plan to create largest carmaker
- May 27, 2019

The Renault-Nissan partnership, underpinned by cross shareholdings, has been strained by the scandal surrounding its former chairman Carlos Ghosn , who was ousted after his arrest past year. In recent weeks, Renault has been pushing for changes to its tie-up with Nissan, suggesting the formation of a 50-50 holding company to run both firms. (more...)
Old Mutual suspends CEO Old Mutual suspends CEO
- May 27, 2019

The board said this came after recent "engagements" with Mr Moyo, CEO of OML and Old Mutual Life Assurance Company. A spokesperson for the company said Old Mutual chairperson Trevor Manuel would provide more information at the insurer's Annual General Meeting on Friday afternoon. (more...)
Chevrolet Silverado brings V-8 power to the people Chevrolet Silverado brings V-8 power to the people
- May 27, 2019

Chevrolet will add an optional 6.2L V-8 to the Trail Boss and RST trim levels, joining the LTZ and High Country, both of which have offered the bigger eight since the truck was redesigned for 2020. Fuel economy and towing figures haven't been released yet. It'll be appended to GM's excellent 10-speed automatic transmission. The 3.0-liter Duramax engine will be available in the 1500 variants of the Silverado and the Sierra. (more...)
Panasonic says has not stopped supplies to Huawei, still investigating Panasonic says has not stopped supplies to Huawei, still investigating
- May 27, 2019

The concern over Huawei's ability to provide reliable products and services lingers, particularly among its overseas customers. He said Huawei had a long-term agreement with ARM and speculated the British firm had made such a move because its parent, Japan's SoftBank Group Corp, was waiting for USA approval for the merger of Sprint Corp, which it owns, and T-Mobile US Inc. (more...)
Naresh Goyal, wife offloaded from London flight Naresh Goyal, wife offloaded from London flight
- May 26, 2019

After the immigration authorities' decision, their baggage was also offloaded. Immigration officials declined to reveal the reasons for stopping Goyal from leaving the country, but it is learnt they were to take a connecting flight to London. (more...)
Kia’s Creta rival to debut on 20 June 2019 Kia’s Creta rival to debut on 20 June 2019
- May 26, 2019

Ahead of its launch, Kia has released official sketches showcasing what the interiors of their new mid-size SUV could feature. Kia Motors has unveiled the interior images of its upcoming mid-SUV for India. "We have created a vehicle which stands out everywhere, from the city to the countryside", Kia's head of styling Juh Byung-chul had said earlier this month as he explained the design concept of the new compact crossover. (more...)
Bret Hart Unveils AEW World Title Belt At Double Or Nothing PPV Bret Hart Unveils AEW World Title Belt At Double Or Nothing PPV
- May 26, 2019

AEW Double or Nothing - when and where? Start time: Pre-show at 7 p.m. ET, main card at 8 p.m. ET. You can check out the full match card below. MGM Grand Garden Arena in Las Vegas. And the best won't log your personal information, either. The service is available on iOS and Android devices, and is supported by Roku, Apple TV and Amazon Fire. (more...)
Aldi Issues Flour Recall Over E. Coli Concerns Aldi Issues Flour Recall Over E. Coli Concerns
- May 26, 2019

This product was distributed to select ALDI stores in 11 states: Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island , Vermont and West Virginia. "Consumers are reminded to wash their hands, work surfaces, and utensils thoroughly after contact with raw dough products or flour, and to never eat raw dough or batter". (more...)
Facebook planning to launch 'GlobalCoin' in 2020 across a dozen countries Facebook planning to launch 'GlobalCoin' in 2020 across a dozen countries
- May 26, 2019

However, several governments haven't taken kindly to the virtually unregulated form of digital currency. The year 2017 also saw companies playing with the idea of using cryptocurrencies to improve the current financial system. Not too long ago, we were reporting that according to a report on The Wall Street Journal , Facebook has been working on its own cryptocurrency for a global payments network. (more...)
Opel/Vauxhall Corsa-e - 6th-gen hatch goes electric Opel/Vauxhall Corsa-e - 6th-gen hatch goes electric
- May 26, 2019

In Eco mode the Corsa-e becomes a long-distance runner, significantly increasing the range while hardly affecting comfort. All the car's systems and the electric drive are adjusted for maximum energy efficiency, without significant detrimental effect on comfort. (more...)
Fed official says low inflation a risk to the U.S. outlook Fed official says low inflation a risk to the U.S. outlook
- May 25, 2019

The May FOMC minutes detailed a reserved conversation among policymakers who believed that patience on rates would be appropriate for the foreseeable future. It's worth noting that U.S. inflation expectations have subsided in the weeks since the May Fed meeting. The minutes also stated how the Fed chose to control short-term rates in an attempt to maximize employment and keep the inflation rate near its target. (more...)
Elon Musk gets a meme-maker to boost Tesla's social media presence Elon Musk gets a meme-maker to boost Tesla's social media presence
- May 25, 2019

Meanwhile Citi analyst Itay Michaeli, who has rated Tesla a "sell/high risk" stock since last September, cut his price target to $191 from $238 and reduced his earnings estimates. Loup Ventures co-founder Gene Munster wrote in a note that Tesla will probably miss its 2019 delivery target range as sales shrink in China amid a trade war between the two countries. (more...)
Motor The Honda Civic Type OveRland is a wild offroad hot hatch Motor The Honda Civic Type OveRland is a wild offroad hot hatch
- May 25, 2019

The result is this Civic Type OveRland . Team Dynamics Motorsport and Ralph Hosier Engineering have today unveiled two very different versions of the Honda Civic Type R at the 2019 SMMT Test Day. We are just trying to think of how much would Ralph push the road-spec Type R to make it a more convincing safari vehicle. The tyres, which are BF Goodrich units, are wrapped around lightweight rally-derived wheels. (more...)
Google Under GDPR Probe After Ad Exchange Privacy Complaint Google Under GDPR Probe After Ad Exchange Privacy Complaint
- May 25, 2019

In France regulators fined Google €50 million for data breaches. Looking back on a year of GDPR , Microsoft's corporate VP and deputy general counsel, Julie Brill, said one of the main problems with data gathering nowadays is that users mostly need to opt out, when they start using a new product or service. (more...)
Amazon shareholders support selling face recognition tech to police Amazon shareholders support selling face recognition tech to police
- May 24, 2019

A recent report from the Georgetown Law Center on Privacy and Technology found police departments used the technology to search databases in ways the underlying science doesn't support, including searches based on celebrities suspects were said to resemble, based on sketches drawn from witness reports and based on altered photographs. (more...)
China’s Hikvision serious over US curbs on sales China’s Hikvision serious over US curbs on sales
- May 24, 2019

The Commerce Department's Bureau of Industry and Security also said last week it would add Chinese telecommunications and electronics company Huawei to its "Entity List", thereby prohibiting usa companies from selling or transferring technology to Huawei without government approval. (more...)

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