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How to Survive as The Diamond Trade Shrinks

Apr 30, 2019

The diamond trade remains under pressure, and further contraction of the market is expected this year. Apart from being squeezed by high rough costs and declining polished prices, dealers lament there are too many players chasing the same ...

Tags: Diamond Trade, Diamond

California Proposes to Allow Passengers in Autonomous Vehicles

Apr 12, 2018

The California Public Utilities Commission (CPUC) has issued a proposal, which would allow passenger carriers to provide free test rides in autonomous vehicles. The proposal would authorize transportation firms using autonomous vehicles ...

Tags: Autonomous Vehicles, passenger carriers

Volkswagen Secures Approval to Fix 38, 000 Diesel SUVs in US

Oct 26, 2017

US and California regulators have approved a fix for about 38,000 Volkswagen Generation 2.1 and 2.2 3.0L TDI V6 vehicles. The 38,000 cars include not only Volkswagen models, but also from its affiliates such as Audi and Porsche as well. ...

Tags: Volkswagen, Diesel SUV

IBM, Food Giants Form Blockchain Collaboration to Trace Food Contamination

Aug 28, 2017

Technology giant IBM has collaborated with food giants across the globe over a blockchain solution in an effort to reduce food borne illness and get rid of food contamination. The consortium includes food companies Dole, Driscoll’s, ...

Tags: food contamination

Intel's Mobileye to Build Fleet of 100 Self-Driving Vehicles

Aug 14, 2017

Mobileye, a subsidiary of chip-maker Intel, said that it will build a fleet of 100 level 4 SAE vehicles which will be tested across the US, Europe and Israel. The vehicles will be fitted with the technology developed by Mobileye including ...

Tags: Self-Driving Vehicles, Intel

China Targeted Installing 86.5gw PV Capacity

Aug 1, 2017

China has targeted installing 86.5GW PV capacity during 2017-2020 under the 13th Five-Year National Development Plan, including 54.5GW for ground-mounted PV projects and 32GW, or 8GW a year, for PV projects under the "Top Runner Program," ...

Tags: PV capacity, PV

This Is Tesla's First Teaser Image for The Model Y

Jun 8, 2017

Tesla has shared the first image of the Model Y – a compact electric SUV – during a shareholder meeting at the Computer History Museum in California. The picture (see main image) doesn't tell us much, other than the fact the ...

Tags: Tesla, electric SUV

Truck Industry Plans to Introduce Semi-Automated Vehicles by 2023 Across Europe

May 11, 2017

Truck manufacturers in Europe have revealed plans to introduce convoys of semi-automated trucks on European motorways before 2025. Besides setting out the timing, the ‘EU Roadmap for Truck Platooning’ also provides guidance to ...

Tags: Truck Industry, Semi-Automated Vehicles

Siemens Installs 3D-Printed Impeller in Nuclear Power Plant

Mar 14, 2017

Following the integration of 3D printing as part of its digital services portfolio, Siemens claims that is has completed the first installation a 3D-printed part in a nuclear power plant. The replacement part produced for the Krško ...

Tags: Siemens, 3D-Printed Impeller

Tomra Expands Flow Technology Across Reverse Vending Machine Portfolio

Mar 14, 2017

US-based Tomra Collection Solutions is expanding its Flow Technology across its portfolio of reverse vending machines (RVMs), which collect bottles and cans for recycling. Claimed to be the world’s 360° recognition system in ...

Tags: Tomra, Vending Machine

CPI Sees Its Slowest Pace in 2 Years

Mar 10, 2017

China's consumer price index, a key gauge of retail inflation, rose 0.8 percent last month, the slowest growth in two years, due to the distortion caused by the timing of the Chinese Lunar New Year. Analysts said the low consumer ...

Tags: retail inflation, vegetables, food prices

China Credit Tightening Ignored by Small Banks

Feb 24, 2017

Beijing's "cautious tightening signals" for credit are largely being ignored by banks and at the local level, where attention is focused on maintaining steady economic growth, especially with key Communist Party meetings looming this year, ...

Tags: emerging markets

Volkswagen Close to $4.3bn US Settlement Over Diesel Emissions

Jan 16, 2017

Volkswagen is nearing a $4.3bn settlement with the US regulators that would include pleading guilty to several criminal charges in the diesel emissions scandal. The company is in advanced discussions with the USDepartment of Justice and ...

Tags: Volkswagen, Diesel Emissions

Volkswagen Agrees to Pay $250m, Recall More Vehicles in Emissions Scandal

Jan 10, 2017

Volkswagen has agreed to recall an additional 83,000 vehicles and pay $250m to partially settle claims related to its emissions cheating scandal. The company signed an agreement with the US Department of Justice (DOJ) on behalf of the ...

Tags: Volkswagen, Vehicles

Film Industry at Turning Point as Bubble Bursts

Jan 3, 2017

Insiders say there's a silver lining to stagnant box office takes in 2016. Box office takes for China's film industry remained stagnant in 2016, but most industry insiders see it as a blessing in disguise. Last year's box-office total was ...

Tags: Film Industry, Turning Point

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