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Tesla To Push Ahead With 'Full Self-Driving' M Says Elon Musk

After a federal government investigation in the United States raised questions about the initial findings of a fatal crash involving a Tesla self driving car in Spring, Texas, last month, the US based electric car maker is seemingly still pushing ahead with a broader roll out of its autonomous...

Test Use Of Pneumococcal Vaccine Together With Covid-19 Booster Shot Started By Pfizer

Pfizer Inc has launched a new study involving adults over 65 years of age who have been vaccinated with its Coivid-19 vaccine that makes use of the company's 20-valent pneumococcal conjugate vaccine (20vPnC) candidate with a third dose of the Pfizer-BioNTech vaccine shot. This was announced by the...

HSBC Not To Launch Any Crypto Currency Or Services - CEO

The Chief Executive of HSBC, Noel Quinn, said that the lender does not have any plans of launching any crypto currency trading desk or offering customers the digital coins as an investment because the bank believes that such digital currencies are too volatile and do not have transparency.  ...

SoftBank CEO Critical Of Japan Holding Olympics Due To Slow Vaccination

While a mass vaccination drive was launched by the Japanese government to catch up with other countries and to ensure a "safe and secure" Olympics Games, the significant dangers of holding the Games in Tokyo were highlighted by the Japanese tycoon Masayoshi Son.   Bewilderment and concern...

Hyundai’s Plans Introducing Hydrogen Powered Trucks In Europe This Year

The race to offer fuel-cell trucks in Europe has been heated up by South Korea's Hyundai Motor and test the viability of hydrogen-powered heavy goods transportation modes by setting up plans to ship a new series of fuel-cell trucks to the continent later this year.   Mark Freymueller, CEO of...

EVs Now The Lynchpin Of Nissan–Renault Partnership

Electrification was described as the new lynchpin of the new partnership between Japan’s Nissan Motor Co and French car maker Renault SA, said the Japanese automaker's chief operating officer (COO) Ashwani Gupta. `   Nissan will standardise and share electric-vehicle components with Renault,...

Production Halt For Nissan And Suzuki Motor In June Due To Chip Shortage – Reports

The Japanese cat making majors Nissan Motor Co and Suzuki Motor Corp are being forced to temporarily halt production at some of their factories because of the global chip shortage, said reports quoting sources with direct knowledge of the plans.   Multiple sources were quoted in the reports...

Bidding For Britain’s Liberty Steel Being Considered By India's JSW Steel: Reports

According to recent reports quoting sources with knowledge of the matter, a bid to buy Liberty Steel in Britain as well as mills elsewhere is being considered by JSW Steel, the largest steel producer of India.   Reports suggested that the expansion plans of JSW also includes Adhunik steel...

British Brand M&S Expected To Report 90% Slump In Pandemic Year Profits

The Covid-19 pandemic severely hit the clothing sale last year of Britain's Marks & Spencer resulting in the brand to report a 90 per cent drop in its profits for the full year of 2020.   A pretax profit before one-off items of 43 million pounds ($61 million) for its year to April 3 is...

Tesla To Stop Accepting Bitcoin As Payment For Its Cars, Said Musk

After having announced allowing bitcoin to be a mode of payment for its cars a couple of months ago, the United States based electric car maker Tesla has gone back on that step as it announced it will no longer accept the crypto currency for car purchases. This was announced by the company’s Chief...

With Plummeting Downloads, Android App Being Launched By Clubhouse

The live audio app Clubhouse is potentially planning to make a big expansion of its market as it announced the introduction of a test version of its app to Google's Android users in the United States on Sunday.     Early this year, CEO of the United States based electric car maker Tesla...

Surge In General Insurance And Retirement Business Helps AIG Beat Quarterly Profit Estimates

Better than expected profits for the first quarter was reported by American International Group Inc despite a hit to its business from winter storms and the mortality claims because of the Covid-19 pandemic as there was strong performance of the general insurance and life and retirement business...
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