Bloomberg

Mercedes-Benz unveils GLB-Class concept: To rival BMW X1 and Audi Q3

The GLB prototype, featuring 17-inch wheels, harks back to the unveiling of the Mercedes-Benz GLA crossover in Shanghai six years ago, which heralded the brand’s successful shakeup of its compact-car offerings.

Mercedes-Benz Concept GLB SUV 2 News

Volkswagen to challenge Tesla Model X with a new electric SUV with ‘AppleSkin’ lounge seats

The ID. Roomzz will follow the rollout of an all-electric hatchback and a compact crossover in 2020 as well as battery versions of the Lavida and Bora sedans in China this year.

Volkswagen ID. Roomzz News

Restaurant chain Haidilao’s owners $6 billion richer in 2019

Last year, revenue surged 60 percent to 17 billion yuan ($2.6 billion), and that’s helping to push the stock up more than 75 percent this year. At about $21 billion, the company’s market value is now higher than Chipotle

Industry News

Samsung Galaxy Fold hands-on: A crease, a click, and it’s thick

The company also envisions smartphones with rollable and stretchable displays, Samsung Executive Vice President Chung Eui-suk said in February.

Industry News

Netflix Options Show Prospect for Full Reversal of Disney+ Rout

About 27 percent of total Netflix options open interest is set to expire on Thursday, with calls outweighing puts by 24 percent, which on the surface indicates a bullish setup.

Markets News

YouTube flags Notre Dame Cathedral fire as 9/11 conspiracy

YouTube, a division of Alphabet Inc.’s Google, introduced this text box feature last year to combat the spread of conspiracy theories, including those that question the 9/11 attacks. On Monday, YouTube’s software mistaken

Industry News

Big tech’s big tax ruse: Industry splurges on buybacks

Not every major tech company focused last year on returning money to shareholders. Amazon announced no buybacks and paid no dividends, and the company’s workforce grew 14 percent in 2018 versus 66 percent growth the previou

Markets News

Cash, booze and gold: EC seizures see twofold increase from 2014 Lok Sabha polls

The Election Commission’s observers, surveillance teams and enforcement agencies are raiding airports, highways, railway stations, hotels and farm houses if there’s a suspicion of illegal money.

Elections News

Lok Sabha election 2019: Over 75% of candidates could end up losing their security deposit

In the 2014 elections, almost 85 percent of the 8,251 hopefuls fared so miserably that the poll-conducting body held on to their deposits. While independents figure prominently in this list, 50 percent of candidates fielded b

Elections News

Make in India bolstered: PM Modi invites Foxconn to mass-produce iPhones in India

It’s not yet clear how Apple’s steps into India will affect its China operations. China has been the company’s most important manufacturing base for years, home to Foxconn’s biggest facilities and hundreds of other pa

Industry News

Elon Musk tweets again as talks with SEC continue; says, Tesla will make 5,00,000 cars in next 12 months

Elon Musk, already in hot water over his Twitter use, posted another Tesla Inc. production forecast reminiscent of the one that landed him before a federal judge earlier this month.

Markets News

Crack down on global technology giants, Norway finance minister Siv Jensen joins Chorus

Jensen said consumers are contributing to huge profits because competition in markets is often too weak.

Industry News

Under Scanner: Google’s Ireland tax arrangement to draw more EU scrutiny

The company’s European headquarters is in Dublin, the Irish capital, and its sprawling campus close to the city’s south docks has been dubbed Googletown.

Industry News

Apple iPads in lieu of weathervanes as farmers seek climate tech edge

The push to bring such high-tech solutions to individual farmers is increasingly important, said Jim Block, chief meteorological officer at DTN, a Minnesota-based analytics firm that serves a wide variety of industries.

Industry News

China wins allies for web vision in ideological battle with US

Chinese cadres have long proselytized the concept of a rigidly policed web that can still be a wellspring of innovation.

Industry News

Lok Sabha Election: Poll promises drive surge in India project financing deals

However, some of the projects have faced lengthy delays due to difficulties in land acquisition, according to the firm.

Economy News

Uber compares itself as Amazon of transportation to attract investors

Uber wants to convince investors that it’s a transportation and logistics market-maker that can build -- and then supply -- new demand for everything from scooters and bicycles to freight and food delivery, said people fami

Uber Technologies Inc, amazon, barnes& noble inc, IPO filing, Renaissance Capital, Alibaba Group Holding Ltd,  Amazon News

Global finance ministers prepared to ‘act promptly’ to shore up growth

“To protect the expansion, we will continue to mitigate risks, enhance resilience, and, if necessary, act promptly to shore up growth for the benefit of all,” officials said.

International Monetary and Financial Committee, inflation, European Central Bank, world economy, trade war, global finance minsiters News

Can ‘fix’ Petrobas situation, says Brazil’s economy minister

Petrobras shares plunged more than 8 percent on Friday after Bolsonaro called the energy producer’s Chief Executive Officer Roberto Castello Branco and ordered him to cancel a planned increase in diesel prices.

brazil economy, paulo guedes, jair bolsonaro, IMF, Washington, Petroleo Brasileiro SA News

Chinese economy ‘generally stable’, to maintain prudent monetary policy

The Chinese economy has been “generally stable,” Chen said a statement to the International Monetary and Financial Committee, which was posted on the IMF’s website.

Chinese economy, china, US China trade deal, foreign portfolio investment, foreign portfolio investment News

Bernie Sanders calls on Trump to abandon new Nafta agreement

“The Nafta treaty that Trump renegotiated with Mexico will still allow companies like General Motors to send our jobs to Mexico,” Sanders said during a rally at Macomb Community College in Warren, Michigan.

Bernie Sanders, donald trump, nafta agreement, mexico, US congress, Michigan, American jobs to Mexico News

A master of social media, election campaign, Modi could gloss over his many failures

Swearing ferocious vengeance against Pakistan, Modi has had to resort to dubious claims about destroyed terrorist camps and hundreds of dead Pakistanis in order to appear a man of his word.

lok sabha elections, narendra modi, india paksitan tension, indian economy, modi election, Jammu and Kashmir, terrorism, jammu and kashmir News

Facebook spent $22.6 million to keep Mark Zuckerberg safe

Zuckerberg also received $2.6 million for personal use of private jets, which the company said was part of his overall security program.

Facebook, Mark Zuckerberg, Cambridge Analytica,  Sheryl Sandberg, Netflix, mark zuckerberg salary, mark zuckerberg security News

Europe’s risk of paralysis in slowdown puts Germany on the spot

For German Finance Minister Olaf Scholz, a key challenge was fending off pressure, including by France and the IMF, for Chancellor Angela Merkel’s government to ease off its annual push for a balanced budget and do more to

Europe, Germany, International Monetary Fund, France, Paris, Berlin, European Central Bank, germany economy News

Why India’s rise to the superpower status is hardly guaranteed

Modi wisely began his term with talk of “Make in India,” his shorthand for reviving India’s anemic manufacturing sector. That task has been left undone because it would have required fundamental changes to how labor and

Economy News

996 Work Culture: अलीबाबा के जैक मा ने हर दिन 12 घंटे काम के लिए कहा, सोशल साइट्स पर तीखी आलोचना

चीन के सबसे बड़े ई-कॉमर्स प्लेटफॉर्म अलीबाबा के फाउंडर और चीन के सबसे अमीर शख्स जैक मा

overtime workculture, overtime, jack ma, alibaba, jack ma critisize, jack ma supported overtime culture, weibo, github, alibaba official account, 996 work culture News

Tencent not the only stock rallying in Asia; here are others

Technology stocks have been at the forefront of the rally in Asian stocks this year, yet there’s more driving the sector than just Tencent Holdings Ltd. Don’t get us wrong, Tencent has been a great story thus far. The sto

Markets News
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