BBC News 24
an hour
In 2016 it delivered this many of its existing two luxury models, just over 76,000, less than the 80-90,000 it promised. So it's still a small-scale operator. But judging by the share price investors have high hopes it could become the next Ford or General Motors. Tesla shares have soared around 50% since the beginning of December, hiving it a stock market value of $44 billion.
BBC News 24
an hour
At $35,000, it's half the price of existing Tesla models and is aimed at the mass market. In a letter to shareholders Tesla says it's on schedule to start production in July. It will need to. Tesla has promised to be producing a total of 500,000 cars a year by next year.
BBC News 24
an hour
Tesla is still losing money, but less than expected. More importantly, though, it has reassured investors it's on track to expand beyond the niche luxury car market and enter the big league in car production. Let's show you why. It's all about this, the Model 3.
BBC News 24
2 hours
So it is still a small-scale operator, but judging by the share price, investors have high hopes it could become the next Ford or General Motors. As you can see, the share price has soared about 50% since the beginning of December, giving it a stock market value of $44 billion.
BBC News 24
2 hours
Let's show you why. It is all about this. This is the model three. At $35,000 it is half the price of existing Tesla models and is aimed at the mass market. In a letter to shareholders, Tesla says it is on schedule to produce these, to begin production in July.
BBC News 24
2 hours
Tesla is still losing money but less than expected, and it has a very big debts. More importantly, it has reassured investors it is on track to expand beyond the niche luxury car market and into the big league in car production.
BBC News 24
2 hours
We knew that anyway but we're talking about the mass market now. -- huge ambitions. Tesla's share price has been soaring in recent months. It was up again on Wednesday after reporting better-than-expected results.
BBC News 24
3 hours
GAME: Oh, yeah! At the moment, this system remains a concept but Razor has hinted it might one day bring it to market. That was Marc. And now robots. One of the big uses of which these days is to go to places and do work that is not safe for humans.
Autocar
5 hours
We think it is going to shake up the market.” Although there has been no official confirmation of the powertrain, Polestar officials have previously indicated that they were looking to optimise the T8 hybrid system, which is available on all of the newgeneration Volvos based on the firm’s Scalable Platform Architecture (SPA). In the XC90 , the T8 combines a 314bhp 2.0-litre four-cylinder petrol engine that is both supercharged and turbocharged for 295lb ft with an electric motor producing 81bhp and 177lb ft. By comparison, a BMW M5 has 552bhp and 501lb ft. Although the power and torque outputs are expected to rise for the Polestar models, Volvo engineers are also said to have focused on improving response and drivability while possibly sacrificing some of the standard car’s all-electric range of 24 miles. Having collaborated with Polestar since 1996, Volvo bought the tuning and motorsport company outright in July 2015 and last year recruited Volvo UK’s then managing director, Nick Connor, as its chief executive.
The Sun Daily - Business
5 hours
It also meets the needs of SMEs that require small financing needs (between RM50,000 and RM500,000), fast disbursal (one week) and a simple hassle-free application process. “Banks like to give big (quantum), long (tenure) and cheap (lower interest rates) loans but it’s slow. We’re almost the opposite. We’re small (quantum), short (tenure) and more expensive (higher interest rate of 10-18%), but fast. We’re willing to give credit to a bigger segment of SMEs that banks are not going to do,” said Teo, adding that it sees itself as complementing banks. Funding Societies, run by Modalku Ventures Sdn Bhd, is one of six P2P operators recognised and regulated by the Securities Commission Malaysia. Funding Societies has a 2% default rate, being one of the lowest in the region. “Compared with Singapore, Malaysia is a riskier market from a credit perspective and we expect credit default rates to be potentially higher.
The Sun Daily
6 hours
He explained that to get a Foreign Strategic Partner or FSP was not an easy thing to do and nobody wanted to give up on something they had developed on their own for free. "You need a carrot to dangle and in current Proton scenario, I believe it has gone so bad that we need a big carrot to offer," he said. Hezeri also posed a question mark on a number of Proton-linked initiatives like the Electric Vehicle and Proton Emas projects as well as Lotus. He went on to say that Dr Mahathir should have been more proactive in helping Proton during its heydays, like how the South Korean government did when Hyundai and Kia wanted to go into the American market. He claimed that what happened to Proton back then was the opposite, with national events using Proton as their cash sponsor because "it is the easiest method in getting money". "Right now, to continue protecting Proton wont be a smart move.
BBC News - Business
6 hours
Financial Times - United States
6 hours
Money News Investing
6 hours
Asia Today
6 hours
Techradar - Reviews
6 hours
When we reviewed the Fugoo Style Bluetooth speaker, we called it the Bluetooth speaker market's best kept secret. This statement is still true when it comes to Fugoos other speakers like the Go. Like the Style, the Go is also completely weatherproof with an IP67 rating. This means the Fugoo Go can withstand being in up to 3 feet of water for up to 30 minutes. Plus, if water isnt the only hazard youre facing, its also mud, snow and shock proof, too. What sets the Fugoo Go apart from the competition is its unique mounting strap and affordability everything considered, at $99 (about 79, AU$129) the Fugoo Go offers tremendous value. Design The exterior of the Fugoo Go speaker looks just like every other waterproof speaker on the market with its black cloth cover and big rubberized buttons.
France 24
6 hours
New Zealand's competition watchdog rejected a multi-billion dollar merger between Vodafone NZ and pay-TV operator Sky on Thursday, saying the combined entity would have too much market power. Sky Network Television and Vodafone unveiled the planned tie-up between New Zealand's largest subscription television service and its second biggest telecoms provider last June, estimating it was worth NZ$3.44 billion ($2.47 billion). It was widely seen as a means for Sky -- which has no connection with the European broadcaster of the same name -- to fight the rise of streaming services such as Netflix. But the New Zealand Commerce Commission said it was concerned Vodafone would have an unfair advantage if it had access to Sky's exclusive sporting content, which includes All Blacks' Tests and the Olympics. "Given the merged entity?s ability to leverage its premium live sports content, we cannot rule out the real chance that demand for its offers would attract a large number of non-Vodafone customers," it said.
The Herald - Markets & Economy
6 hours
THE volume of Scotch whisky released for sale in the UK surged by 5.6 per cent to 547.2 million bottles in 2016, signalling the recovery of the spirit in its domestic market is gathering pace.
WinBeta
6 hours
China Daily
6 hours
Autocar
7 hours
In that year, the Institution of Occupational Safety and Health (IOSH) estimated that there were nearly 4700 cases of lung cancer, resulting in more than 4200 deaths, linked to diesel exhaust exposure in the EU. Market share Back in our 1996 article, Walshe said the most serious worry was “the rise in the number of diesel cars in Europe”. Autocar explained: “Diesels already produce three times as much NOx as petrol models, yet the Euro 3 emissions regulations may result in an overall increase in NOx given off, as the diesel market share climbs.” We reported that diesels accounted for just 10% of European new car sales in 1982, which had risen to 24% by 1996, and it was correctly estimated that this would rise to at least 30% by 1998. In 2010, diesel became the most popular fuel choice in the UK for the first time, with a 50.6% market share. This share is dropping, probably due to the Volkswagen dieselgate scandal and greater awareness of the dangers of diesel.
Forbes
7 hours
We already have a good earnings season and some solid economic data and optimism about the policy path priced in. It may be time for a dip.
Asia Today
7 hours
### SHOW ORGANIZER InfoCommAsia Pte Ltd extends its influence through three marquee shows: InfoComm China, InfoComm India and InfoComm Middle East Africa. Together, the shows give industry players direct access to key pro‐AV and ICT markets, enabling them to tap into the vast potential. China, being the world’s largest pro‐AV market, offers a wealth of opportunities. India, with its digital and smartcity milieu, is a hotbed of innovative ideas. Home to a fastgrowing pro‐AV market, The Middle East and Africa is a draw for a multitude of project developers. Each show comprises a trade exhibition and Summit, both of which bring together industry players as well as decisionmakers across all sectors. The trade exhibition is a showcase of the world’s most cuttingedge and sought‐after inventions. The Summit offers complimentary learning opportunities to all trade professionals and end‐users.
Asia Today
7 hours