Business
Italy's populist parties say 'conditions met' for government
The president, in his role as guarantor of the constitution, said that an anti-euro economics minister would endanger Italians' savings, which are safeguarded under the Italian constitution. Financial markets have calmed amid increasing signs that Italy may avoid imminent elections after the president gave two populist parties time to figure out whether they can agree on an alternative to an anti-euro economy minister.
Business
Tesla Model 3 gets Consumer Reports recommendation after braking fix
Musk argued that the braking issue could be fixed with an over-the-air software update (OTA), technology that Tesla regularly relies on to improve performance and roll out new features on the infotainment system it its vehicles. Musk also suggested the car's 15-inch touchscreen display could receive an over-the-air update to make it easier to use. Road noise & ride comfort already addressed too.
Business
Canada Buys Trans Mountain Pipeline, Is Energy East Next?
One man said he thought the project would be profitable for Canada. In return, Kinder Morgan will go ahead with its $7.4-billion plan to twin the pipeline carrying diluted bitumen from Alberta's oilsands to the B.C. On CHOK's The Talk Show, live from Parliament Hill Tuesday morning, Marilyn Gladu criticized the spending of $4.5-billion of taxpayers money to try to get the pipeline built.
Business
Rahul terms one paisa fuel price cut as 'prank'
Petrol price in Delhi was cut by 60 paise to ₹ 77.83 a litre. Meanwhile, diesel is priced at Rs. 69.34 in Delhi, Rs. 73.82 in Mumbai , Rs 71.88 in Kolkata and Rs.73.21 in Chennai. The price effective today is based on average global rate from May 15 to May 29. After 16 days of continuous hike, fuel prices on Wednesday witnessed a slight drop.
Business
Tesla hits parked California police vehicle; driver blames 'Autopilot'
A 28-year-old Utah woman was driving in Autopilot earlier this month when she slammed her Tesla Model S into the back of a stopped fire truck while cruising at about 60 miles per hour, police said . Tesla updated Autopilot following that accident. Tesla CEO Elon Musk, who issued a scathing attack on media credibility yesterday, has been vocal against those who criticize Tesla cars, despite growing concern about their safety.
Business
Crude oil prices, dollar rates causing fuel price hike: Dharmendra Pradhan
Meanwhile, the cost of diesel per liter has also been increased and the revised prices in Delhi are - Rs 69.17 and Mumbai Rs 73.64 per litre. On Monday, petrol prices in Mumbai stood at Rs 86.08 a litre, in Kolkata Rs 80.76 and in Chennai Rs 81.11.