• The EQC - The First Ever All-Electric Car from Mercedes-Benz
The EQC - The First Ever All-Electric Car from Mercedes-Benz

As electric cars take over from combustion engines, in coming years, Daimler plans to offer 10 fully electric cars by 2022. However, a closer look does reveal more than enough design cues to give away the fact this is a Mercedes crossover SUV with an alternative powertrain.

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  • Goldman Sachs CFO Calls Trading Desk Rumors
Goldman Sachs CFO Calls Trading Desk Rumors "Fake News"

The fragility of the crypto market was tested by this news as it took Bitcoin ( BTC ) down over five percent bringing it below Dollars 6400. In December of past year, Goldman Sachs announced its plans to set up a cryptocurrency trading desk by 2018 and become the first Wall Street giant to get involved with the cryptocurrency-related tr...

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  • Trump ready to set tariffs on all goods from China
Trump ready to set tariffs on all goods from China

Bloomberg News reported Friday that administration officials are discussing using an executive order that authorizes US officials to impose the sanctions on those taking part in "malicious cyber-enabled activities". Comparatively few applauded the tariffs. Companies such as Cisco and Hewlett-Packard say tariffs on Chinese networking equipment w...

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  • Canada trade talks restart, tackle 'final' issues
Canada trade talks restart, tackle 'final' issues

In addition, news is awaited from US-Canada talks on a revamped NAFTA while financial turmoil in Argentina and Turkey remains a worry, as do figures released Thursday showing an unexpected fall in German industrial orders in July. "On balance, a shift to a faster pace of rate hikes seems more likely than any kind of pause", said Adam Button, a cu...

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  • Japan: Two killed after 6.7-magnitude natural disaster hits Hokkaido island, triggers landslides
Japan: Two killed after 6.7-magnitude natural disaster hits Hokkaido island, triggers landslides

Suga said authorities were doing their utmost to rescue and assess damage after receiving hundreds of calls about people missing and buildings collapsing. It had been hoped that power would be restored in hours and some electricity gradually returned but damage to generators at the plant means it may take more than a week before it is back up, Mr S...

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  • Student poster prank in Texas McDonald's goes unnoticed for nearly two months
Student poster prank in Texas McDonald's goes unnoticed for nearly two months

The first step was making the poster. Maravilla was wearing his McDonald's shirt to blend in. Brynn Shuller of Burbank, Calif., tweeted that she and her friends slipped photos of themselves into picture frames for sale at a Walmart. They pulled off the prank on 13 July and the poster has been up ever since. "We put adhesive on the back so it ...

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  • Quentin Palfrey Wins Mass. Democratic Primary For Lieutenant Governor
Quentin Palfrey Wins Mass. Democratic Primary For Lieutenant Governor

The 63-year-old Lynch is a former union ironworker and grew up in South Boston. Capuano conceded to Pressley a little more than an hour after polls closed. She'll face Geoff Diehl, a state representative who served as co-chairman of President Donald Trump's 2016 campaign in the state and defeated two other Republicans for his party's nomination...

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  • Amazon becomes the country's second $1 trillion company
Amazon becomes the country's second $1 trillion company

Amazon's shares are up 75 percent from the beginning of the year. Shares in the world's largest online retailer last traded up 1.4% at $2,041.68. It began the day needing just over $18bn worth of net value to reach $1trn - a month after Apple won the race to be the first company with such a market capitalisation.

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  • Amazon market value tops $1tn
Amazon market value tops $1tn

Bezos became the world's richest man in the process, with a net worth estimated at more than $140bn. Amazon's stock value briefly topped $1 trillion on Tuesday, a little over a month after Apple crossed the same milestone . Inc on September 4 joined Apple Inc in the $1 trillion club, becoming the second member of the group after its stock pr...

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  • No increase in fuel prices for September
No increase in fuel prices for September

New Pakistan Prime Minister Imran Khan last week announced a cut in petrol, diesel and kerosene oil prices to contain the rising inflation. The last recorded all-time high in Mumbai was Rs 86.24 on May 29, but this time also the steepest in any of the other major metro cities.

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  • China to invest over 60bn in Africa over 3 years
China to invest over 60bn in Africa over 3 years

In recent years, China-Africa people-to-people exchanges have grown, but still lag behind economic and trade cooperation, said Liu Hongwu, director of the Institute of African Studies at China's Zhejiang Normal University. That is why we think that the key enablers, which are the infrastructure, are the fundamentals. Also, Minister of Industry, ...

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  • Argentine Peso Hits New Low
Argentine Peso Hits New Low

The crisis left one out of every five Argentines unemployed and plunged millions of people into poverty. The Argentine peso has lost more than 40% of its value against the U.S. The "more adverse global market conditions" battering Argentina's economy "had not been fully anticipated", she admitted in a statement. In the last 40 years, Argentina ...

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  • This full-size LEGO Bugatti Chiron actually runs and drives
This full-size LEGO Bugatti Chiron actually runs and drives

What's most impressive about this is the fact it actually happened, but also the amount of Lego used in the project. " This life-size model is a first of its kind in so many ways and with it, we wanted to push the boundaries of our own imagination ", Lena Dixen, senior vice president of product and marketing for LEGO , says in a statement.

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  • Trudeau says he's encouraged by what he calls NAFTA progress
Trudeau says he's encouraged by what he calls NAFTA progress

The United States and Mexico have reached a trade agreement that is more than a handshake deal but not quite a treaty. Trump has presented this as a bilateral deal and threatened Canada with vehicle tariffs. Magna International (MG.TO) saw a more muted response. Congress has done so repeatedly over the years, he said. However, political ...

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  • Canada trade talks enter final day
Canada trade talks enter final day

So it was on Friday morning when Freeland was asked-after the Toronto Star broke a story about President Donald Trump boasting that any deal the USA reaches with Canada will be " totally on our terms "-if the Americans are negotiating " in good faith ".

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  • Donald Trump Cancels Pay Raises For Federal Employees
Donald Trump Cancels Pay Raises For Federal Employees

In the letter, sent to Speaker of the House Paul Ryan (R., Wis.), Trump said the government could not sustain the scheduled increases. In light of our Nation's fiscal situation, Federal employee pay must be performance-based, and aligned strategically toward recruiting, retaining, and rewarding high-performing Federal employees and those with crit...

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  • Coca-Cola to buy Costa coffee chain for $5.1 billion
Coca-Cola to buy Costa coffee chain for $5.1 billion

Coke's annual sales have been in decline since 2012. It is second most popular in the Chinese market with over 400 coffee shops around the most populous country in the world. Costa's like-for-like sales in the United Kingdom dropped 2 percent in the company's first quarter as the retail market weakened. Costa outranks Starbucks in the United Ki...

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  • Dry eyes: Tesla's Musk says he shed no tears in interview
Dry eyes: Tesla's Musk says he shed no tears in interview

However, earlier this week, Musk appeared to double-down on his pedophilia themed attacks, tweeting, "You don't think it's odd [Unsworth] hasn't sued me?" That's all he's told me. He said that he would consider taking legal action against Musk, saying: "It's not finished". Wood's letter concludes by inviting Musk or his lawyers to reach out to ex...

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  • 99.3% Of Demonetised Currency Notes Returned To Banks So Far: RBI
99.3% Of Demonetised Currency Notes Returned To Banks So Far: RBI

This means that just Rs 10,720 crore of the junked currency notes did not return to the banking system . How much money is back? On 8 November, 2016, Prime Minister Narendra Modi announced withdrawal of high denomination currency notes of Rs 500 (old series) and Rs 1,000 in a televised speech.

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  • Toyota to invest about $500 million in Uber for driverless cars
Toyota to invest about $500 million in Uber for driverless cars

A person briefed on the matter says Toyota will invest $500 million in ride-hailing service Uber , and the companies will jointly develop self-driving vehicles. Previous reports indicated that Uber executives have been debating the future of the company's autonomous vehicle unit. Toyota has clarified that its Guardian technology is not a 100% au...

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  • US, Mexico reach Nafta deal as pressure turns to Canada
US, Mexico reach Nafta deal as pressure turns to Canada

A spokesman for the Canadian foreign minister said they had been in touch with NAFTA negotiators, and added: "We will only sign a new NAFTA that is good for Canada and good for the middle class". The White House told Congress a year ago that it would renegotiate NAFTA, but never said it would start talks on an entirely new deal. "We can h...

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  • U.S., Mexico could reach agreement on bilateral NAFTA deal by Monday
U.S., Mexico could reach agreement on bilateral NAFTA deal by Monday

Some really good people within both the new and old government, and all working closely together.A big Trade Agreement with Mexico could be happening soon! Seade said Thursday that he thinks it should be possible for Canada to return to negotiations in Washington next week even if the USA and Mexico need to continue to work on their bilateral d...

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  • Wall St set for higher open with Powell speech in focus
Wall St set for higher open with Powell speech in focus

The rate hikes are meant to prevent the economy from overheating and inflation from accelerating. There are no clear signs of inflation accelerating above 2 percent, meaning there is little or no risk of overheating. Though Powell chose not to mention Trump's criticism, other Fed officials asserted that the president's complaints about rate hikes...

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  • Crude Flat as China Tariffs Targets US Oil Products
Crude Flat as China Tariffs Targets US Oil Products

USA commercial crude oil inventories fell by 5.8 million barrels in the week to August 17 to 408.36 million barrels, the Energy Information Administration (EIA) said on Wednesday. Energy Information Administration could make or break the rally. The U.S. dollar index against a basket of six major currencies eased on Wednesday to 95.211 after ...

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  • United States stock market sets record-long bull run
United States stock market sets record-long bull run

The world's largest stock exchange, evaluated at $21.3 trillion, is the ground zero of market capitalization and the USA economy. Despite its long duration, this bull market actually wasn't as big in terms of overall gains as the 1990s one.

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  • Papal visit: Pope Francis travels to Knock Shrine
Papal visit: Pope Francis travels to Knock Shrine

The Vatican was rocked this month by a devastating USA report into child sex abuse that accused more than 300 priests in the state of Pennsylvania of abusing more than 1,000 children since the 1950s. "At times in the past we have failed", he said. Taoiseach Leo Varadkar , Ireland's openly gay prime minister, told a crowd of dignitaries and la...

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  • Eshaq Jahangiri: Iran looking to bypass Trump sanctions
Eshaq Jahangiri: Iran looking to bypass Trump sanctions

The sanctions would in the first wave prevent Iran's access to the USA dollar among other restrictions. Kazem Gharibabadi, Iran's representative to the OPEC, said that the organization should do more to "fully protect" its member states against countries that "were trying to politicize the group".

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  • US Market Indexes Close Higher on Tuesday
US Market Indexes Close Higher on Tuesday

The longest bull run in American stock market history was confirmed yesterday amid turmoil in the White House and the growing threat of a trade war between the United States and China . The small-cap Russell 2000 index, which is less affected by global tariff disputes than its large-cap peers, ended the session up 1.1 percent at a record closing...

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  • Turkey court rejects another appeal to free United States pastor: lawyer
Turkey court rejects another appeal to free United States pastor: lawyer

The Turkish lira has already lost about 30 percent of its value against the United States dollar since the beginning of August, when tensions between the two North Atlantic Treaty Organisation allies soared unprecedentedly over the detention of Andrew Brunson, an American Christen pastor, in Turkey over terror-related charges.

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  • Michael Cohen subpoenaed by investigators in Trump Foundation probe
Michael Cohen subpoenaed by investigators in Trump Foundation probe

Cohen pleaded guilty on eight federal charges on Tuesday, including that a candidate on whose behalf he was working instructed him to make payments to two women who claimed to have had affairs with Trump back in 2006. The only Democrat Mississippi has on Capitol Hill has been a vocal critic of the president. "That's not something that's been up...

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