UK inventor James Dyson calls off EV project

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Source: Dukascopy Bank SA
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.
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Thu, 10 Oct 2019 19:48:37 GMT

WeWork plans new location openings in Singapore, Manila

The office-sharing start-up WeWork is planning to open new co-working sites in the Philippines and Singapore this year, and seeking a $1.0B worth lifeline from its largest-backer Softbank Group for the company's major restructuring.

Thu, 10 Oct 2019 18:31:32 GMT

Boeing, Porsche tie up on electric flying car

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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