• Mercedes opens the German assault on Tesla
Mercedes opens the German assault on Tesla

All EQC's are equipped with a water-cooled onboard charger (OBC) with a capacity of 7.4 kW, making it suitable for fast AC charging at home or at public charging stations. The lines are that of your traditional SUV, but with a little more emphasis on EQ branding and electric power through fibre optics and a tech-inspired design.

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  • Friends prank McDonalds with poster kept up for 51 days
Friends prank McDonalds with poster kept up for 51 days

His friend, Christian Toledo, 25, moved to USA a couple of years ago from the Philippines. Maravilla found a McDonald's uniform shirt at a thrift store for $7, drove to the restaurant, and, with the help of two friends, he managed to put it up.

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  • Pressley's win shows rise of minority candidates among Democrats
Pressley's win shows rise of minority candidates among Democrats

With no Republican on the ballot in November's midterm election, Pressley is now nearly certain to become the state's first black congresswoman . Massachusetts Rep. As FiveThirtyEight reports , a MA candidate has followed in the footsteps of the young Ocasio-Cortez with a surprising upset against a mainstream Democrat challenger on Tuesday e...

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  • Amazon tops US$1 trillion in stock market value
Amazon tops US$1 trillion in stock market value

Amazon retreated slightly after hitting the milestone, and near 1545, it was up 1.3 percent to $2,038.71. Amazon is the second USA company to hit that mark, driven by its continued dominance in the retail world and its highly profitable cloud services business.

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  • Yashwant Sinha Slams Government For Hike In Prices Of Petrol, Diesel
Yashwant Sinha Slams Government For Hike In Prices Of Petrol, Diesel

Last week, credit rating agency Moody's Investors Service said there were risks of India breaching the 3.3% fiscal deficit target for the current fiscal, since higher oil prices will add to short-term fiscal pressures. "If taxes are cut, prices will decline significantly", Chidambaram said on Twitter. The cost of petrol in Delhi went up Rs 1....

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  • 'Hello?' President Trump's trade phone call with Mexican president has awkward start
'Hello?' President Trump's trade phone call with Mexican president has awkward start

Videgaray Caso's declaration via social media came in response to Trump's remarks earlier in the day when he told reporters at the White House that Mexico will "easily" pay for a wall along the U.S. "They're talking very tough on Chapter 19. The president has made clear that's not something that's agreeable to him". His office said he would h...

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  • Britain seeks advice to get around sanctions on Iran
Britain seeks advice to get around sanctions on Iran

Washington also threatened other countries with sanctions if they don't cut off Iranian oil imports by early November. Sanctions were lifted in return for Iran committing not to pursue nuclear weapons. President Donald Trump's decision to drop JCPOA and re-impose sanctions on Tehran and the subsequent freefall of the Iranian national currency'...

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  • PepsiCo buys fizzy drinks maker SodaStream for $3.2bn
PepsiCo buys fizzy drinks maker SodaStream for $3.2bn

Earlier this month, SodaStream reported its strongest results in company history, a 31pc year-over-year jump in revenues to $172m, an 89pc leap in operating profit to $32m and an 82pc climb by net profit to $26m. PepsiCo will pay $144.00 per share in cash, a 32% premium. Nooyi, who will be replaced by Ramon Laguarta, Pepsi's head of global operat...

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  • Tesla shares down 8 percent after Musk's weird interview
Tesla shares down 8 percent after Musk's weird interview

Musk admitted to The New York Times that the past year has been the most "difficult and painful" of his career. Now, the combative Musk granted a remarkable interview to The New York Times in which he reportedly choked up several times , acknowledged he was working as many as 120 hours a week, said he's using Ambien to help him sleep ...

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  • China Files WTO Complaint over U.S. Solar Tariffs
China Files WTO Complaint over U.S. Solar Tariffs

Trump defended solar tariffs as necessary to protect United States producers, saying import prices were unfairly low due to subsidies and other inappropriate subsidies. China has tried to portray itself as a defender of the WTO's trade system. We urge the USA side to take practical actions, respect the rules of the WTO and abandon its erroneous m...

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  • Turkey will respond if US imposes more sanctions: minister
Turkey will respond if US imposes more sanctions: minister

Investors, already anxious about Turkey's economy, were irked by a diplomatic and trade dispute with the United States over the continued detention of an American pastor Andrew Brunson on espionage and terror-related charges. of cars, alcoholic drinks and leaf tobacco - and the lira recovered slightly. "The corporate backdrop remains very str...

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  • Turkey Counterpunches By Raising Tariffs On U.S. Goods
Turkey Counterpunches By Raising Tariffs On U.S. Goods

Investors also fret over Mr Erdogan's influence over monetary policy. An Istanbul court allowed the release of Amnesty International's Turkey chair Taner Kilic Wednesday, who spent more than a year in jail over alleged links to the 2016 coup bid.

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  • China, US to hold trade talks in late August
China, US to hold trade talks in late August

It's unclear whether the trade talks will take place before or after August 23rd, . which is when Washington is due to activate additional tariffs on 16-billion dollars of Chinese goods, .an action Beijing has vowed to respond in kind to immediately.

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  • Turkey's president threatens boycott of iPhones, other United States electronics
Turkey's president threatens boycott of iPhones, other United States electronics

Detractors of Mr Erdogan say he campaigned on a construction boom that created bridges, an airport and shiny waterfront hotels but which were paid for by unsafe financial policies that are now beginning to crumble. Erdogan has said Turkey needs to find "new friends" because of the row with the its North Atlantic Treaty Organisation ally. Inve...

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  • Crude oil futures rise 0.51% on global cues
Crude oil futures rise 0.51% on global cues

Likewise, the oil for delivery in September contracts was trading higher by Rs 22, or 0.47 per cent to Rs 4,664 per barrel in 318 lots. Despite the gloomy outlook for trade and the potential slowdown in economic growth, oil markets are expected to remain relatively tight, particularly as USA sanctions on Iran have started.

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  • 35 feared killed as bridge collapses in Italy
35 feared killed as bridge collapses in Italy

Eye-witness Ivan, 37, evacuated on Tuesday from the nearby building where he works, described the collapse as unbelievable. Professor Brencich warned it would cost more to fix the "uneven" construction of the major highway in Italy's city of Genoa .

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  • Emerging economies face threat of Turkey knock-on effect
Emerging economies face threat of Turkey knock-on effect

Ties between the two North Atlantic Treaty Organisation allies have also nosedived over United States support for Syrian Kurdish forces, Ankara's plans to buy a Russian missile system and Turkey's demand that Washington extradite US-based Islamic cleric Fethullah Gulen, whom Erdogan blames for the failed July 2016 coup bid.

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  • Firefighter killed battling largest blaze in California history
Firefighter killed battling largest blaze in California history

The Mendocino Complex is actually two blazes burning so close together that authorities are attacking them as one, a common practice at Cal Fire. As many as 3,100 personnel are working the fire. Meanwhile, the Ranch Fire continued its spread across another 13,000 acres leading into Monday morning. The fires had burned a combined total of 325,226 ac...

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  • Lawsuits accuse Tesla's Musk of fraud over tweets, going-private proposal
Lawsuits accuse Tesla's Musk of fraud over tweets, going-private proposal

August 7, 2018 - Musk surprises investors by using Twitter to announce he is considering taking Tesla private at $420 per share, adding "Funding secured". San Francisco attorney Joe Tabacco expressed his view that shareholders may actually have a viable claim against Tesla , according to Bloomberg .

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  • Turkey crisis: Erdogan vows to boycott U.S. electronics
Turkey crisis: Erdogan vows to boycott U.S. electronics

Andrew Craig Brunson, an evangelical pastor from Black Mountain, North Carolina, arrives at his house in Izmir, Turkey, July 25, 2018. The confrontation between Washington and Ankara has largely been attributed by the U.S. European stocks fell in early trade on Monday , with a pan-European index of shares down half a percent and the banking stoc...

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  • Asia shares dip as Turkey's lira tanks
Asia shares dip as Turkey's lira tanks

Last week, a Turkish delegation went to Washington and met American counterparts but there was no breakthrough. Turkey's economy has been in dire straits since mid-2017, largely thanks to extremely high inflation rates, trade tariffs from the USA and government borrowing from foreign countries.

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  • Musk: Saudis pushed for 2 years to take Tesla private
Musk: Saudis pushed for 2 years to take Tesla private

Since Musk first tweeted on Tuesday that he was considering taking Tesla private at $420 a share and that he had "funding secured", he's offered no evidence to back up the statement. In laying out why he is considering taking Tesla private, Musk pointed in part to shorts. Public Investment Fund of Saudi Arabia was founded to invest on behal...

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  • ‘Suicidal’ mechanic steals plane from Seattle airport
‘Suicidal’ mechanic steals plane from Seattle airport

According to the unverified Twitter profile of the Pierce County Sheriff's Department, the plane was stolen by a mechanic from an unknown airline company, based on preliminary information. He told air traffic controllers: "Those guys will rough me up if I try and land there". Brad Tilden, the chief executive of Alaska Air Group, said the Federa...

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  • Trump's latest trade tiff with China has Texans again bracing for pain
Trump's latest trade tiff with China has Texans again bracing for pain

The US decision to levy 25 per cent tariffs on the same value of Chinese goods is "very unreasonable", and China will have to retaliate to protect its rightful interests and the multilateral trading system, China's Ministry of Commerce said in a statement .

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  • What If Tesla Goes Private?
What If Tesla Goes Private?

At US$420 per share, a deal would be worth US$72 billion (S$98 billion) overall. Musk's tweet came nearly simultaneously with a new report from the Financial Times that revealed for the first time that Saudi Arabia's Public Investment Fund has been quietly buying up about five per cent of the electric vehicle company over the last few m...

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