Boeing, Porsche tie up on electric flying car

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Source: Dukascopy Bank SA
On Thursday, the US planemaker Boeing Co stated it was partnering with Porsche, Volkswagen's luxury sport car brand, as two companies seek to develop an electric flying vehicle that would be capable of moving people in urban settings.
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Thu, 10 Oct 2019 18:41:19 GMT

UK inventor James Dyson calls off EV project

On Thursday, the British inventor James Dyson, known for his bagless vacuum cleaner, has cancelled the ambitious project to develop an electric car, an investment worth $3.1B, as his Automotive team no longer see a way to make the project commercially viable.

Thu, 10 Oct 2019 16:56:28 GMT

London Ritz Hotel likely to be sold for $1.0B

London Ritz Hotel's owners hinted they were planning a sale of the luxury establishment, a haven for statesmen, royals, and movie stars, in a potential deal worth $1.0B, sources with knowledge of the matter stated on Thursday.

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