The latest to unveil plans was German group Daimler, maker of Mercedes Benz and Smart cars, which aims to be fully electric before 2030 — five years ahead of a deadline proposed by the European Commission. The Stellantis group, which owns brands Fiat, Chrysler, Jeep, and Peugeot amongst others, has ditched the development of internal … Read more
The chief executive of Unilever on Thursday said the global consumer goods giant remains “fully committed” to doing business in Israel, distancing himself from this week’s announcement by the company’s Ben & Jerry’s ice cream brand to stop serving Israeli settlements in the occupied territories of the West Bank and East Jerusalem. Ben & Jerry’s … Read more
SINGAPORE — Shares in Asia-Pacific were higher on Thursday, with markets in Japan closed for a holiday. Hong Kong’s Hang Seng index was among the biggest gainers regionally, rising 1.83% to close at 27,723.84. Shares of China Evergrande Group surged 7.87%. Those gains came after the indebted developer announced it has solved legal disputes with China Guangfa Bank, according to … Read more
Disinformation — that is, content that intentionally misleads for political or financial gain — is nothing new. But as we’ve seen over the last year, in particular, digital platforms have made it significantly easier to spread dangerous conspiracy theories, as patently false claims on topics as wide-ranging as the pandemic, racial protests, California wildfires, and presidential election … Read more
The rates of both gold and silver have changed on the Multi Commodity Exchange (MCX) today. Witnessing a downfall of Rs 19 or 0.04 percent, gold futures maturing on August 5, 2021, stand at Rs 48,378 per 10 grams on the MCX. Meanwhile, silver futures maturing on September 3 stand at Rs 69,906 per kg, … Read more
Bitcoin prices slid Thursday by the most in 10 days, falling in sync with U.S. stocks, as analysts warned that the market might be primed for a fresh leg down. “Bitcoin does look fragile,” Lennard Neo, head of research for Stack Funds, wrote in an investor update. “Unless we see a clear break into the … Read more
BEIJING (Reuters) – China’s crude oil throughput hit a record high in June, rising 3.9% on a daily basis from the previous record set in May as more refineries resumed operations after maintenance. The country processed 60.82 million tonnes of crude oil last month, or 14.8 million barrels per day (BPD), data from the National … Read more
Production costs seem to have an extravagant mind of their own, unless you stay ten steps ahead, they are bound to keep you awake and bothered throughout. For that reason, every business owner seeks to find ways to efficiently and profitably run their manufacturing companies. There are many approaches to reduce production costs, one of … Read more
Driver gets 24 years prison for Bayshore crash that killed mother, daughter Cameron Herrin’s friends and family testified Thursday about his character ahead of his sentencing for two deaths. Family members of the mother and small child who died spoke of their profound loss. TAMPA — A judge sentenced Cameron Herrin to 24 years in … Read more
Why Bugatti’s sale marks the end of petrol cars: Porsche takes Volkswagen’s stake and forms JV with Rimac – so what does that mean for one of the oldest luxury hyper car makers? This article is part of STYLE’s Luxury Column. Bugatti was the ultimate hyper car even before the term hyper car was created. … Read more