Business
Tesla issues statement on fatal Model X collision, withdraws from NTSB agreement
It seems that Tesla and the U.S. National Transportation Safety Board haven't been seeing eye to eye lately, following the fatal crash of a Model X in California last month. The company said the "only" explanation for the crash was "if Mr. Huang was not paying attention to the road, despite the auto providing multiple warnings to do so".
Business
Xi vs. Trump: Who has the better hand in potential trade war?
US Treasury Secretary Steven Mnuchin said the White House hoped to negotiate but acknowledged a trade war was a possibility. China claims the duties of 25 percent on imports of steel and 10 percent on imports of aluminum products breach worldwide trade rules.
Business
At 15, Anish Bhanwala wins gold and creates history
In second position is England with 31 gold, 34 silver, 34 bronze; India is in third spot with 17 gold, 11 silver, 14 bronze and Canada is fourth on 14 gold, 34 silver and 26 bronze. On the other hand, Manoj Kumar and Hussamuddin Mohammed picked up bronze medals as they bowed out in their semifinal bouts. The 24-year-old from Haryana dominated the proceedings against Wales' Kane Charig to register an emphatic 10-0 win to claim India's 16th gold medal on the eighth day of the Games at the ...
Business
Analysts noticed Bitcoin Red (BTCRED)'s 24 hours move up of 11.57%
Save and Gain (SANDG) traded 6.1% higher against the dollar and now trades at $0.0057 or 0.00000073 BTC. Bitcoin Diamond (BCD) is a fork of Bitcoin that will occur at the predetermined height of block 495866. It also combines the random block feature from Luckycoin, making it the first coin in PoW/PoS category to use random blocks. It provides steady coin supply at 1 diamond per block for 8 years.
Business
Disney must buy Sky UK if Fox's takeover fails rules competition authority
If Comcast ends up acquiring Sky , Disney would not have to put forward a bid, the Takeover Panel said . Rupert Murdoch's Fox agreed an offer to buy all of Sky 17 months ago, but is still waiting approval. Fox's offer is under regulatory scrutiny of British regulators. Sky shares were mostly unchanged at 1,311 pence in London on Thursday morning. Hedge fund shareholders of Sky including Polygon Global Partners LLP had called for a mandatory bid for Sky by Disney at a higher price ...
Business
British Airways owner IAG is considering a Norwegian takeover
British Airways' parent company said Thursday it is considering making an offer for the low-priced carrier. "The minority investment is meant to establish a position from which to initiate discussions with Norwegian, including the possibility of a full offer for Norwegian", the British Airways parent pointed out, cautioning that no such discussions had taken place to date and that it had taken no decision to make an offer at this time.