Driven by a combination of its core characteristics and short-term boosts related to the U.K.’s vote to leave the European Union, the lure of London for luxury shoppers has tightened its pull in recent months. According to a report released… Read More ›
Day: October 27, 2016
Key Election Test: The Price of a Chocolate Croissant, Failed by French Presidential Hopeful
There are always plenty of surprises during the French presidential elections. A key election test: The price of pain au chocolat – a traditional French pastry, was failed by Jean-Francis Cope, who is currently running to become the presidential candidate of… Read More ›
Doors to Foreign Workers Opened up by Japan
Japan, where the number of foreign workers, though still relatively small, has nearly doubled over the past eight years, is giving this message: send us your construction workers, your care givers, your store clerks — but for a limited time… Read More ›
First Delivery in Colorado made by Uber Self-Driving Truck Packed with Budweiser
Uber claim that in what is the world’s first commercial delivery in a driverless vehicle, the ride-hailing giant teamed up with AB InBev to transport beer in an autonomous vehicle. With nobody behind the wheel, a tractor trailer full of beer… Read More ›
Daimler’s 1st pure EV will be manufactured in Bremen
The model will be based on the sporty SUV coupe-styled EQ vehicle that it displayed in the Paris auto show last month. Daimler, Mercedes-Benz’s parent has stated that its first new EQ electric vehicle under the Mercedes-Benz brand will be… Read More ›
The coming of age of Tesla
For the first time, Tesla Motors has turned a profit. On that note, Musk has clarified that the company’s Model 3 will not need fresh capital infusion and that its deliveries are as per schedule. Tesla has also significantly reduced… Read More ›
Samsung Electronics changes QA after Galaxy Note 7 fiasco
Following Galaxy Note 7’s withdrawal from the market, Samsung Electronics is aiming to install a more rigorous scrutiny in its quality assurance process. It has also called for an extraordinary meeting to decide on issues related to the divesting of… Read More ›
Boeing posts strong cash flow, despite slowdown in production
Analysts are closely watching the deferred production cost for Boeing 787 Dreamliner, which declined by $150 million to $27.5 billion, The world’s largest airplane manufacturer, Boeing has reported its third quarter results which have defied analysts’ profit expectations. Strategic cost… Read More ›