As farmers face new challenges, from higher tariffs to extreme weather, Ceres Imaging is helping them optimize their crop production with sensors, software and aircraft. Ceres started out building drones specifically for agricultural use. But like Facebook, which recently shuttered its solar plane project, Ceres found another way to deliver its services. Now, the Oakland, […]
Read moreA pickup in production of Tesla’s Model 3 cars, after earlier delays, has resulted in occasional battery cell shortages, a Panasonic official said on Thursday in a sign Tesla is in overdrive to meet its end-June forecast. Silicon Valley tech billionaire and Tesla Chief Executive Elon Musk earlier this month said his company should achieve […]
Read moreThe future of the European Union (EU) rests on the bloc’s ability to find a diplomatic answer to the migration crisis, German Chancellor Angela Merkel said Thursday. EU leaders are meeting in Brussels, Belgium on Thursday and Friday to try to wrangle a solution on migration, with the issue leaving Merkel’s own political fate hanging […]
Read moreCurrency, United States Finance
For China, an intentional weakening of its currency would be ill-timed
As trade tensions flare up between the U.S. and China, many investors are asking whether Beijing will look to weaken its own currency to retaliate against Washington tariffs. The Chinese yuan, which trades in a band versus the dollar, has now weakened to its lowest level since December 20 and saw a daily loss of […]
Read moreFacebook introduced a stripped-down version of the social photo-sharing app Instagram, aimed at users in developing markets. Instagram Lite quietly appeared on the Google Play Store Wednesday for Android smartphones and the size of the app is just 574 kilobytes, substantially smaller than the roughly 90 megabytes required for the main Instagram app. The Lite […]
Read moreLeaders from the nations that share the euro currency are meeting Friday to discuss steps to make the region better prepared for potential crises. But, the mounting division between the 19 member states is threatening to stall any rapid progress. Broadly speaking, it refers to a vast group of measures put forward by the individual […]
Read moreHigh-speed internet connections, artificial intelligence (AI), machine-learning — technology is driving change in all areas of life. One business among many looking to embrace this new era of innovation is Australia-headquartered mining giant BHP. BHP is using everything from autonomous drills at iron ore mines to “smart caps” to analyze brain waves and monitor worker […]
Read moreShares in Europe are poised to start the trading day lower Thursday as concerns over global trade return. The FTSE 100 is seen off by 10 points at 7,593; the DAX is expected to start down by 8 points at 12,329; and the CAC 40 is set to open down by 10 points at 5,314; […]
Read moreWhen Benson Wang discovered he could cut his business’ energy bills by 25 percent, switching providers felt like a no-brainer. Three months later, he’s saved 900 Singapore dollars (around $660) — money he’s pumped back into his tapas restaurant. Wang’s is one of about 500 Singaporean companies said to have saved a combined 1.5 million […]
Read moreWatch out FedEx, UPS, DHL and the U.S. Postal Service: Amazon’s building its own last-mile delivery service. The e-commerce behemoth announced Thursday Delivery Service Partners, a new program designed to let entrepreneurs run their own local delivery networks of up to 40 delivery vans emblazoned with Prime logos. Each delivery unit will start their day […]
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