Japanese automaker Nissan on Wednesday unveiled its 2018 Leaf, a fully electric car boasting autonomous features and an improved driving range. Priced at a relatively low $30,000, the new vehicle was aiming to carve a niche in an increasingly saturated EV market. Nissan CEO Hiroto Saikawa said the company is focusing on a different consumer […]
Read moreAustralia’s economy rebounded last quarter as consumers and government spent freely after a weather-beaten start to the year, while a long downturn in mining investment finally loosened its deadening grip on growth. Wednesday’s GDP report showed the economy expanded 0.8 percent in the second quarter, up from 0.3 percent in the first quarter and outpacing […]
Read moreWal-Mart is gearing up for the holidays, beginning in the toy aisle. The big-box retailer on Wednesday released its list of what it believes will be the “hottest” toys on the market this year. It includes a much-anticipated release from Hatchimals, Fingerlings, a “Star Wars” Droid kit, a “Frozen”-branded sleigh and a “Paw Patrol” lookout […]
Read moreHurricane Irma, one of the most forceful Atlantic storms in a century, churned across the ocean on Tuesday on a collision course with Puerto Rico and the Virgin Islands, bearing down on the northern Caribbean with a devastating mix of fierce winds, surf and rain. The eye of Irma, a Category 5 storm packing winds […]
Read moreJapanese Prime Minister Shinzo Abe said on Wednesday that he wants North Korea to understand it has “no bright future” if it continues on its current path and that the reclusive country needs to change its policies. Abe told reporters he wants to discuss the North Korea situation with Russian President Vladimir Putin and South […]
Read moreDespite many claims to the contrary, North Korea tensions aren’t actually what’s driving the rally in gold, Goldman Sachs said in a Tuesday note. Instead, the bank said, uncertainty inspired by President Donald Trump has boosted the yellow metal — but that’s set to fade. Spot gold has certainly rallied of late, climbing from levels […]
Read moreAs President Donald Trump threatens to renegotiate trade with Seoul and tensions with North Korea continue to rise, some analysts are pointing out just how crucial South Korea is to global technology. Soo-Kyoum Kim, program director of the semiconductor research program at research firm IDC, noted last week that South Korea took 17 percent of […]
Read moreStocks on Wall Street fell as investors remained jittery about North Korea ahead of Wednesday’s Asia trading session. Tensions on the Korean Peninsula continued to simmer, with a North Korean diplomat threatening that the country was prepared to deliver “gift packages” to the U.S. if the latter continues to put pressure on Pyongyang. South Korea […]
Read moreAccounting giant EY said Wednesday that it plans to launch the first blockchain platform for marine insurance, alongside Microsoft, A.P Moller-Maersk and others. The distributed ledger will be used to capture information about shipments, risk and liability, and to help firms comply with insurance regulations. It will also ensure transparency across an interconnected network of […]
Read moreA 250 million pound ($325 million) luxury development has been launched in Dubai — and the people behind it don’t mind if you pay in bitcoin. Announced Wednesday by British entrepreneurs Michelle Mone and Doug Barrowman, Aston Plaza and Residences spans more than 2.4 million square feet and is split across two 40-storey residential towers. […]
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