Nissan Motor and its alliance partner Renault are setting up a new joint venture in China with Dongfeng Motor Group to design and build electric cars, joining a list of global automakers aiming to make such vehicles in China. The automakers are attempting to tap into a boom for such cleaner “new energy” vehicles in […]
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Japan urges predictable, transparent Brexit ahead of visit by PM May
Japan wants Britain’s exit from the European Union to be predictable and transparent so that Japanese companies can continue to operate smoothly in the country, a senior government official said on Monday. Deputy Chief Cabinet Secretary Yasutoshi Nishimura said the government would do its utmost to gather information on the Brexit negotiations, which he said […]
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Burger King has launched its own version of bitcoin in Russia called ‘WhopperCoin’
Burger King has waded into the cryptocurrency market with the launch of its own virtual coin called “WhopperCoin” in Russia. With each purchase of the burger chain’s signature Whopper sandwich, customers can receive WhopperCoin tokens via a digital wallet. Bitcoin traders have previously gotten a lot of flak in Russia, with reports last year suggesting […]
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Schulz’s personal attacks on German Chancellor Merkel will not help him win elections, experts say
The tables have turned in the race to become the next chancellor of Germany. Martin Schulz, the head of the German Socialist Party, has dropped 10 percentage points in the opinion polls since last March – posing an increasingly smaller threat to the long-standing leadership of Angela Merkel. Schulz has gone on the offensive, attacking […]
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US dollar's status is in question as the euro hits two-and-half year high, investment manager says
The prestige of the U.S. dollar is being questioned as the currency weakens and competitors such as the euro and the renminbi gain strength, an investment manager told CNBC Monday. Though the U.S. economy has been performing well and the Federal Reserve has signaled further interest rate hikes, investors have been concerned over when and […]
Read moreAt the start of the third round of Brexit talks, only one thing seems clear: the division between Brussels and London. The EU’s chief negotiator Michel Barnier said last June that the third round of negotiations should be about clarification, but after the U.K. published a few papers outlining its position, it is evident that […]
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Thousands in Barcelona march against extremism, shouting 'I'm not afraid!'
Hundreds of thousands of peace marchers flooded the heart of Barcelona on Saturday shouting “I’m not afraid” — a public rejection of violence following extremist attacks that killed 15 people, Spain’s deadliest in more than a decade. Emergency workers, taxis drivers, police and ordinary citizens who helped immediately after the attack on Aug. 17 in […]
Read moreBelgian soldiers shot dead a man in the center of Brussels on Friday evening after he came at them with a knife shouting Allahu Akbar (God is great), in a case authorities are treating as a terrorist attack. The man, a 30-year-old Belgian of Somali origin, died after being rushed to hospital. The soldiers were […]
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Man with knife assaults two police officers outside Buckingham Palace
A man with a “large knife” who assaulted two police officers outside Buckingham Palace on Friday night has been arrested, British police said. The officers suffered minor injuries and were taken to a hospital for treatment. The man, who is in his mid-twenties according to the police, was arrested on suspicion of grievous bodily harm […]
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Tech teams around the world prepare to compete at the SpaceX Hyperloop competition
More than 20 teams developing pods to work on the hyperloop, the superfast transport system, are heading to California this weekend to test their devices at SpaceX’s test track. The student teams from universities and technology colleges around the world will be testing their pods to see who can achieve the maximum speed on the […]
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