Tesla Inc’s rapid rise to become the world’s most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how. FRANKFURT/BEIJING/DETROIT: Tesla Inc’s rapid rise to become the world’s most valuable carmaker […]
Year: 2020
SHANGHAI: Former Sevilla and Espanyol boss Pablo Machin was named head coach of Qingdao Huanghai on Wednesday (Jul 22), just three days before the Chinese Super League (CSL) kicks off. The 45-year-old replaces fellow Spaniard Juanma Lillo, who left newly promoted Qingdao last month to become Pep Guardiola’s assistant at […]
BLAINE, Minnesota: Golfer Brooks Koepka said that racism must be confronted across the globe, speaking to reporters ahead of the 3M Open, the first major sporting event in the greater Minneapolis region since the death of George Floyd in police custody. Floyd’s death in May prompted widespread protests across the […]
BRUSSELS: European Union leaders clinched a deal on Tuesday (Jul 21) for a huge stimulus package which the European Commission has said will make fighting climate change central to Europe’s economic recovery from the COVID-19 pandemic. Climate advocates said the final deal – a €1.074 trillion EU budget for 2021-27, […]
SEOUL: South Korea on Wednesday (Jul 22) scaled back plans to impose capital gains taxes on stock investments in response to complaints by retail investors, but said it will hike taxes for top earners as part of changes in its annual tax code revision. It comes after retail investors took […]
MANCHESTER: Manchester City manager Pep Guardiola said the individual achievements of his players must be viewed in relation to the team’s success and consistency after Raheem Sterling’s brace sealed a 4-0 Premier League win over Watford on Tuesday (Jul 21). City forward Sterling’s first-half goals took his league tally to […]
SINGAPORE: A risk management framework for business events of up to 50 attendees has been developed by the Singapore Tourism Board (STB), and it will be trialed with two pilot events before gradually scaling up to other events. Business-to-business (B2B) events such as meetings, conventions, exhibitions and trade shows have […]
CHICAGO: A shootout outside a funeral left 14 people wounded Tuesday (Jul 21) in Chicago, as President Donald Trump threatens to send federal agents to a handful of US cities led by Democratic mayors. The episode started when occupants of a vehicle “began firing at attendees of a funeral. At […]
SYDNEY: Australia’s second most populous state of Victoria reported on Wednesday (Jul 22) two new deaths from the coronavirus and logged a record daily increase of 484 new cases compared with 374 cases a day earlier. Two men in their 90s died overnight from the virus, Premier Daniel Andrews said […]
TOKYO: The delay of the Tokyo 2020 Olympics forced by the coronavirus pandemic means next year’s Games will be smaller and simpler, but will that make them more sustainable? Tokyo 2020 organisers have said sustainability will be a “core concept” for the Games and have touted a range of initiatives, […]