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Peru’s President Kuczynski says may sue Odebrecht

January 1, 2017 by · Leave a Comment 

Peruvian president Pedro Pablo Kuczynski said on Saturday that he is evaluating the possibility of suing Brazilian construction firm Odebrecht [ODBES.UL] for damages after the company admitted to using bribes to secure public contracts in the Andean nation. Odebrecht, Latin America's largest construction outfit, acknowledged in a U.S. settlement earlier in December to having doled out hundreds of millions of dollars in bribes to public officials in 12 nations. Without doubt one of them is that, but it has to …

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Peru’s President Kuczynski says may sue Odebrecht

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Luminar: The only photo-editing tool most Mac users need

January 1, 2017 by · Leave a Comment 

Mac users seeking a powerful photo-editing tool that's capable of transforming average images should try Macphun's bargain-priced Luminar.

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Luminar: The only photo-editing tool most Mac users need

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China policymakers pledge stability for ‘complex’ year ahead

January 1, 2017 by · Leave a Comment 

China's economy is on a steady growth path as 2016 ends, supported by a housing boom and billions in government investment, but the mood of policymakers is more cautious than celebratory as they face “complexity” in the new year. The central bank – while reaffirming a…

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China policymakers pledge stability for ‘complex’ year ahead

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Tesla owner files lawsuit in California claiming sudden acceleration

January 1, 2017 by · Leave a Comment 

Tesla Motors Inc was sued on Friday by a Model X owner who said his electric SUV suddenly accelerated while being parked, causing it to crash through the garage into the owner's living room, injuring the driver and a passenger. The Model X owner, Ji Chang Son, said that one night in September, he slowly pulled into his driveway as his garage door opened when the car suddenly sped forward. It cites seven other complaints registered in a database compiled by the National Highway Traffic Safety …

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Tesla owner files lawsuit in California claiming sudden acceleration

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Panasonic to invest over $256 million in Tesla’s U.S. plant for solar cells

December 28, 2016 by · Leave a Comment 

Panasonic Corp will invest more than 30 billion yen ($256 million) in a New York production facility of Elon Musk's Tesla Motors to make photovoltaic (PV) cells and modules, deepening a partnership of the two companies. Tesla's shares

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Panasonic to invest over $256 million in Tesla’s U.S. plant for solar cells

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Tesla to buy Germany-based Grohmann Engineering

November 8, 2016 by · Leave a Comment 

(Reuters) – Electric car maker Tesla Motors Inc said on Tuesday it would buy Germany-based Grohmann Engineering to improve its automated manufacturing systems.

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Tesla to buy Germany-based Grohmann Engineering

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Tesla’s Musk adds solar roofs to his clean energy vision

October 29, 2016 by · Leave a Comment 

Tesla Motors Inc Chief Executive Elon Musk on Friday unveiled new energy products aimed at illustrating the benefits of combining his electric car and battery maker with solar installer SolarCity Corp . The billionaire entrepreneur showed of solar-powered roof tiles that eliminate the need for traditional panels and a longer-lasting home battery, which Tesla calls the Powerwall, aimed at realizing his vision of selling a fossil fuel free lifestyle to consumers. The…

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Tesla’s Musk adds solar roofs to his clean energy vision

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Apple fixes serious security flaw after UAE dissident’s iPhone targeted

August 25, 2016 by · Leave a Comment 

By Joseph Menn SAN FRANCISCO (Reuters) – Apple Inc issued a patch on Thursday to fix a dangerous security hole in iPhones and iPads after researchers discovered that a prominent United Arab Emirates dissident's phone had been targeted with a previously unknown method of hacking. The attack on the dissident, Ahmed Mansoor, used a text message that invited

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Apple fixes serious security flaw after UAE dissident’s iPhone targeted

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Tesla wins U.S. antitrust approval to buy SolarCity

August 25, 2016 by · Leave a Comment 

Tesla Motors Inc has won U.S. antitrust approval to buy solar panel installer SolarCity Corp , moving closer to its goal of creating a carbon-free energy and transportation company. The Federal Trade Commission said on Thursday that the deal was approved. Tesla said in July after it made its first offer that by acquiring SolarCity the two companies would form a one-stop shop for clean energy, offering consumers solar panels, home battery storage and electric cars under a single brand.

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Tesla wins U.S. antitrust approval to buy SolarCity

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UBS leads team of banks working on blockchain settlement system

August 24, 2016 by · Leave a Comment 

By Jemima Kelly LONDON (Reuters) – Swiss bank UBS is leading a team of four of the world's biggest banks developing a system to enable financial markets to make payments and settle transactions quickly using blockchain technology. UBS has developed a “Utility Settlement Coin” (USC), which is a digital cash equivalent of each of the major currencies backed by central banks, such as the dollar or euro, rather than a decentralized new digital currency such as bitcoin. The USC would be convertible at parity with a…

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UBS leads team of banks working on blockchain settlement system

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