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Author: admin

23Dec

FCC moves to block foreign-made drones over U.S. security risks

The Federal Communications Commission said on Monday it was adding China's DJI, Autel and all foreign-made drones and components to a list of companies determined to pose unacceptable risks to…
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23Dec

Trump administration suspends five US offshore wind projects, wind stocks slide

The Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the U.S. East Coast over what it called national security concerns, sending…
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23Dec

Australian retirement fund to buy $576 million stake in Westfield Sydney mall

The Australian Retirement Trust (ART) will acquire a near 20% stake in Scentre Group's iconic Westfield Sydney shopping mall for A$864 million ($575.68 million), the shopping centre owner said on…
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23Dec

Amazon’s Zoox recalls 332 self-driving vehicles in US over software flaw

Amazon's self-driving unit Zoox is recalling 332 vehicles in the U.S. over an automated driving systems (ADS) software error, the U.S. National Highway Traffic Safety Administration said on Tuesday. Zoox…
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23Dec

Mercedes-Benz to pay $120M to settle U.S. Dieselgate emissions case

Mercedes-Benz said on Monday it will pay out $120 million to multiple U.S. states over emissions-rigging software in its vehicles, which the German carmaker says resolves the remaining Dieselgate proceedings…
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23Dec

Japan to restart world’s largest nuclear plant, nearly 15 years after Fukushima

Japan is set to take the final step to restart the world's largest nuclear power plant on Monday when the region of Niigata votes on the resumption of operations, in…
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23Dec

China Holds Loan Prime Rates Steady Despite Economic Slowdown

China’s central bank kept its loan prime rates steady on Monday, even as the world’s second-largest economy has seen weak economic data and an extended slump in its property sector.…
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23Dec

FDA approved Novo Nordisk’s weight-loss pill

The U.S. Food and Drug Administration approved Novo Nordisk's weight-loss pill on Monday, giving the Danish drugmaker a leg up in the race to market a potent oral medication for…
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23Dec

U.S. Growth Cools After Solid Start as Living Costs Rise, Shutdown Bites

The U.S. economy likely grew at a brisk clip in the third quarter, driven by solid consumer spending and business investment, but momentum appears to have since faded amid the…
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23Dec

Toyota recalls 55,405 U.S. vehicles over loose inverter bolt risk

Toyota is recalling 55,405 vehicles in the U.S. as bolt inside the inverter may not have been tightened properly, causing incomplete contact at the inverter terminal, the U.S. National Highway…
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