• Apple is planning 3 new iPhone models in 2019
Apple is planning 3 new iPhone models in 2019

Finally, the name of the new iPhone is still a mystery, because after the iPhone Xs , Apple could choose to continue with the Roman numeration (iPhone XI), return to the numbers ( iPhone 11 ) or completely change its name. Suning will start selling the 64GB iPhone XR for 5,699 yuan (around $845/£660/AU$1,170), while it remains 6,499 yuan ($963/£...

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  • Workers at GM's Oshawa facility hold work stoppage over planned closure
Workers at GM's Oshawa facility hold work stoppage over planned closure

In expressing his disappointment in GM's decision, Dias said he was disgusted with what he characterized as the silence of the provincial and national governments in Canada. "The reality is General Motors is going to have to find a solution to keep our Oshawa Plant going". But the company's current stance won't stop Unifor and its leaders from co...

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  • Longer US government shutdown will hit economy, says Fed chief
Longer US government shutdown will hit economy, says Fed chief

That prospect has cheered markets, which had grown anxious that the Fed was not taking into account a variety of headwinds that could slow US growth this year. While he has near weekly meetings with Treasury Secretary Steven Mnuchin , Powell said he has not met with Trump since taking over as Fed chairman, nor does he have any meetings with the pr...

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  • Samsung Flags First Profit Drop in 2 Years on Weak Chip Demand
Samsung Flags First Profit Drop in 2 Years on Weak Chip Demand

Sales are expected to have fallen by 5%, following Samsung's decision to cut its 2018 capital expenditure, which had fuelled a boom in memory chip sales over the past two years. " Apple's iPhones have not been selling well in China". It marks the first such profit decline in two years, according to the report. Children try out Samsung Elec...

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  • Rare penny from school lunch change up for auction
Rare penny from school lunch change up for auction

Giving up, Lutes reached the conclusion that the coin was worthless, but kept it in his coin collection nevertheless for the next 70 years. In 1947, then 16-year-old Don Lute Jr. A Lincoln cent from "the most famous" coin error in American history is being auctioned off for well over $100,000. Heritage believes it could sell for $170,000 or ...

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  • China trade talks end, but has anything changed?
China trade talks end, but has anything changed?

It appears trade talks between the USA and China are going well as reports suggest the two sides are getting closer on settling their differences. USA government data shows the Asian nation scooped up more than 2.6 million metric tons of beans in December and at least another 1.3 million were sold this year, according to people familiar with th...

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  • China trade talks conclude on optimistic note in Beijing
China trade talks conclude on optimistic note in Beijing

That suggests the dispute on the issue, which has sparked a government shutdown since late December and already caused some delays in the release of key United States economic data, is nowhere near a resolution. Trump argued for funding on security and humanitarian grounds as he sought to put pressure on newly empowered Democrats. Ted McKinney, t...

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  • Sears could announce plan to liquidate as soon as Tuesday
Sears could announce plan to liquidate as soon as Tuesday

One of America's most iconic businesses, which has been in business for over 125 years and still employees 68,000 people, is on the verge of liquidation after an eleventh-hour, $4.4 billion takeover bid failed to satisfy advisers to the company, which hasn't turned a profit in almost a decade.

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  • Oil prices up on U.S.-China trade talk optimism
Oil prices up on U.S.-China trade talk optimism

Last Thursday, all three major US stock indexes plunged by 2 percent after a dire revenue warning from Apple heightened fears of a global economic slowdown. "Surely, there will be more twists and turns in the saga and increasing US tariffs on Chinese goods after March from 10 percent to 25 percent can not be excluded", Tamas Varga of PVM Oil As...

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  • What hope for markets in the US-China trade talks?
What hope for markets in the US-China trade talks?

U.S. Undersecretary for Trade and Foreign Agricultural Affairs Ted McKinney, center, who is part of U.S. trade delegation leaves from a hotel for a second day of meetings with Chinese officials in Beijing, China, Tuesday, Jan. China had sent its naval vessel to verify and warn it, he said. "That's probably the easiest one to solve", he said. Sinc...

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  • Hyundai Elevate Concept Is a Four-legged Walking Robocar From the Future
Hyundai Elevate Concept Is a Four-legged Walking Robocar From the Future

Elevate extends its expandable robotic legs for omnidirectional motion. Hyundai is calling it the Elevate concept which is a radical four-legged vehicle and has redefined Hyundai's statement of mobility. Industrial design firm Sundberg Farar has been working with Hyundai Cradle on Elevate for the past three years. It can climb a 5ft wall, ste...

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  • London Heathrow airport: Drone spotted as flights grounded
London Heathrow airport: Drone spotted as flights grounded

A Heathrow Airport spokesperson said: 'We are responding to a drone sighting at Heathrow and are working closely with the Met Police to prevent any threat to operational safety. The incident comes just one day after the Government announced that police and airports will be given new powers to shoot down, catch and jam drones in a bid to prevent...

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  • Musk Urges Chinese Consumers to Buy Model 3 Now to Fund Factory
Musk Urges Chinese Consumers to Buy Model 3 Now to Fund Factory

With the ownership restriction removed, Tesla became the first foreign carmaker to set up a wholly-owned new-energy vehicle (NEV) factory in the mainland. China is the largest market for electric vehicles, and most forecasters predict EV sales in the country will accelerate rapidly as the government drives toward a goal of 100 per cent electric veh...

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  • Hiring surges in December, US unemployment at 3.9 percent
Hiring surges in December, US unemployment at 3.9 percent

Even with fear of a global economic slump depressing stock markets, Friday, jobs report for December is expected to offer reassurance that the USA economy remains sturdy and on track to expand for a 10th straight year. The unemployment rate, which has remained at historic lows, inched up slightly last month - the greatest increases were seen amon...

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  • USA budget shutdown: I won't compromise on wall, says Trump
USA budget shutdown: I won't compromise on wall, says Trump

The US government shutdown that has halted pay for hundreds of thousands of federal workers began its third week with no end in sight, as Vice-President Mike Pence , top White House officials and senior congressional aides met for more than two hours without reaching a deal to reopen the government.

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  • Damage will be widespread if Beijing trade talks fail
Damage will be widespread if Beijing trade talks fail

U.S. officials are meeting their counterparts in Beijing this week for the first face-to-face talks since U.S. President Donald Trump and China's President Xi Jinping agreed in December to a 90-day truce in a trade war that has roiled global markets.

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  • Apple iPhone XI might have the ugliest triple camera solution so far
Apple iPhone XI might have the ugliest triple camera solution so far

Apparently this year Apple will be adopting the triple-camera setup on the iPhones. There are two cameras aligned vertically like the iPhone XS , but there will also be a third camera placed between the two, on the side. Coming back to the leaked render of the iPhone XI, the image shows the same black glass back with Apple's shiny logo at the ce...

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  • Tesla Shanghai factory ground breaking
Tesla Shanghai factory ground breaking

The founder of Tesla Elon Musk announced on Twitter that on Monday, January 7 in Shanghai starts construction of a plant for the production vehicle. Monday, January 7, officially launched the construction of the first plant for the production of electric vehicles outside the United States. A local plant will help Tesla lower prices in the...

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  • PBOC cuts RRR by 1%
PBOC cuts RRR by 1%

China International Capital Corp said that may release as much as 400 billion yuan of liquidity. The order from Li to the central bank, which is part of the Chinese government, showcased Beijing's willingness to go further in policy easing to keep its economic growth on track.

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  • Polestar 2 Aims To Take On Tesla Model 3
Polestar 2 Aims To Take On Tesla Model 3

Dubbed the Google Android HMI (Human Machine Interface), the system will feature Google Assistant which is a virtual assistant similar to Amazon's Alexa. The vehicle will be available on subscription, which will be a slightly more premium version of Volvo's "Care by Volvo" package. Polestar's upcoming EV sedan will enter production close on the...

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