News

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Thu, 19 Sep 2019 19:52:27 GMT

Fiat Chrysler to test V2G technology with 700 EVs

Fiat Chrysler is testing the vehicle-to-grid technology with its experimental fleet of the 700 electric vehicles; a technology that allows power grids to use the stored energy in car batteries and face demand within peak hours.

Thu, 19 Sep 2019 18:51:04 GMT

Shields says he made millions from astronomical trades

Martin Shields, the former British investment banker, told the German judges on Thursday that he has made millions of euros from astronomical trades.

Thu, 19 Sep 2019 17:51:48 GMT

Zarif says military strike against Iran would result in war

The Iranian Foreign Minister Javad Zarif said on Thursday that any military strike from the US or Saudi Arabia against Iran would result in war.

Thu, 19 Sep 2019 17:00:53 GMT

Ryanair's CEO O'Leary wins bonus approval

On Thursday, Michael O'Leary, Ryanair's Chief Executive Officer, obtained approval from shareholders for a bonus plan that might earn him about 100m euros.

Thu, 19 Sep 2019 15:55:32 GMT

BMW wants to cut 5k to 6k jobs by 2022

According to the German magazine, Nicolas Peter, BMW's Chief Financial Officer, wants to cut about 5k to 6k jobs by 2020. The cut would mostly affect the company's Munich headquarters.

Thu, 19 Sep 2019 15:11:13 GMT

Indian automaker Tata Motors to lunch new EV in 2020

On Thursday, Tata Motor's Chief Executive Officer Guenter Butschek said that the company would lunch new electric vehicles in 2020.

Thu, 19 Sep 2019 13:36:34 GMT

Huawei launches new phone that lacks Google access

On Thursday, Huawei Technologies has launched its new phone that deemed to be the smartest 5G device in the world, but with no access to software and apps backed by Google due to the US ban imposed on the tech company.

Thu, 19 Sep 2019 12:37:24 GMT

Ryanair sees February realistic for flying Boeing 737 MAX

Ryanair's CEO Michael O'Leary stated on Thursday he thought February-March time period as the more realistic timetable for the carrier to launch flights by the grounded Boeing's 737 MAX planes.

Thu, 19 Sep 2019 10:44:59 GMT

Pennsylvania among other states to oppose T-Mobile, Sprint merger

Pennsylvania has joined over a dozen states, which had filed a lawsuit against the T-Mobile's $26B purchase of Sprint Corp, according to the New York Attorney General's statement on Thursday.

Thu, 19 Sep 2019 09:41:19 GMT

Bank of Japan keeps rates unchanged

On Thursday, the Bank of Japan made a monetary policy statement. The BoJ kept policy unchanged, despite the Fed cutting rates the day before.

Thu, 19 Sep 2019 09:35:54 GMT

Amazon to allow donating to presidential candidates via Alexa

Amazon announced it would make donations to the US Presidential candidates available via its digital assistant Alexa, saying their customers would have to simply say "Alexa, donate to [candidate name]".

Thu, 19 Sep 2019 08:09:19 GMT

UK Supreme Court to hold final hearing against Johnson

On Thursday, Britain's Supreme Court is set to hold final hearing of legal arguments to decide whether Boris Johnson, the UK Prime Minister, acted unlawfully regarding the Parliament suspension in a run-up to Brexit.

Thu, 19 Sep 2019 07:12:47 GMT

Dish, AT&T not in discussions over DirecTV deal

Dish Network Corp and AT&T are not currently in talks over a deal amid regulatory issues, a person close to the situation reported, after the WSJ said the wireless carrier was exploring a sale of its satellite TV unit DirecTV.

Thu, 19 Sep 2019 04:35:05 GMT

Italy cuts GDP growth forecast

New government of Italy announced its expectations for the economy to grow only about 0.4% in 2020, following 0.1% expansion this year, three sources said.

Thu, 19 Sep 2019 02:50:55 GMT

GM to lay off workers in Canadian plant

General Motors announced its plan to temporarily lay off nearly 1.2K workers at the company's Oshawa plant in Canada, which makes pickup trucks.

Thu, 19 Sep 2019 02:34:44 GMT

India bans electronic cigarettes

India banned electronic cigarettes' sales and warned of an epidemic among youth, in the latest move against vaping over increasing health concerns.

Wed, 18 Sep 2019 19:46:53 GMT

Qatar Petroleum, Shell to form LNG marine fuel JV

On Wednesday, Shell announced it had agreed to form a partnership with Qatar Petroleum to speed up the liquified natural gas development fuelling the infrastructure across the world.

Wed, 18 Sep 2019 18:59:35 GMT

LME to postpone ban on tainted metal

According to sources with knowledge of the matter, the London Metal Exchange would delay the ban on tainted metal until 2025.

Wed, 18 Sep 2019 17:54:31 GMT

Apple to use recycled rare earth elements for iPhone parts

Lisa Jackson, Apple's Vice President for policy, social initiatives and environment, said on Wednesday that the company would reuse recycled rare earth component materials for its new iPhone parts.

Wed, 18 Sep 2019 17:00:09 GMT

Canada's annual inflation rate falls to 1.9% in August

According to the Statistics Canada data release, the Canadian annual inflation declined by 1.9% in August on lower gas prices.

Wed, 18 Sep 2019 15:56:06 GMT

European shares remain stable

On Wednesday, European shares remained stable after an early decline, as investors and traders await the US Federal Reserve's policy statement.

Wed, 18 Sep 2019 15:09:35 GMT

Trump names O'Brien as national security adviser

On Wednesday, the US President Donald Trump named Robert O'Brien, the US hostage negotiator, as the new national security adviser.

Wed, 18 Sep 2019 13:41:07 GMT

Comcast to offer free Xfinity Flex to internet customers

On Wednesday, Comcast Corp stated it would provide its Xfinity Flex TV streaming device free of charge to the internet-only customers, allowing them to browse and search for various content from such streaming services like Amazon Prime, Netflix and Hulu.

Wed, 18 Sep 2019 13:03:43 GMT

Facebook launches new Portal video chatting devices

On Wednesday, Facebook released new devices for the Portal video chat, paving the way for the company into the TV streaming hardware; however, offering the limited options of the subscription services.

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