Arrival British EV start-up gets £85m from Hyundai and Kia

Korean manufacturers, Hyundai and Kia have invested €100m into electric-vehicle start-up Arrival with a €3bn price tag in one of the largest investments in Britain’s motor industry since the Brexit vote to leave the EU in 2016. “This will lead to significant collaboration this is far more than just an investment” Avinash Rugoobur, Arrival’s chief…

Was Ghosn a cold greedy dictator?

Carlos Ghosn was the chairman of Nissan, the man credited with saving the Japanese carmaker from potential bankruptcy and also  CEO of the French carmaker Renault and the driving force behind a global alliance between the two along with the smaller manufacturer Mitsubishi they made up a motor industry group that sold more than 10…

Aston Martin seeking new investments

China’s Geely has held talks with Aston Martin investors and management and is conducting due diligence as the talks may lead to a technology partnership rather than investment in the UK group. Geely which also owns Britain’s Lotus and Sweden’s Volvo, as well as Germany’s Daimler, is one of the several groups in talks about…

New gadgets spotlighted at CES

Amazon and Google have hired lots of floor space at CES to spotlight products that tie into their virtual assistants. LG display says it has a 65in ceiling mounted screen that can be rolled up when not in use. Min-LED involves using smaller light-emitting diodes than normal to illuminate a screen’s colour pixels which allowed…

Tesla  shares prices jump  54 per cent

Tesla’s share prices which nearly halved in the opening months of 2019 have since rebounded  140 per cent to value over $80bn. In the latest quarter, Tesla has delivered over 367, 500 cars in 2019 up 50 per cent from the previous year and topped all Wall Street expectations. Shares in the company surged 5.5…

Ghosn flee from Japan

Carlos Ghosn, a Brazilian born French businessman of Lebanese ancestry, who served as the CEO of Michelin North America, Chairman, and CEO of Renault chairman of AvtoVAZ chairman and CEO of Nissan and chairman of Mistubishi Motors Fled from Japan by using one of the 2 French passports and Lebanese ID, entered Lebanon, confirmed by…

LVMH acquires Tiffany for $16.7bn

Bernard Arnault’s luxury LVMH is set to buy Tiffany & Co for $16.7bn, after the US jeweller negotiated to raise the offer by $600m to clinch an agreement. Europe’s richest man and his group can restore Tiffany to its former glory as one of the top brands in global luxury. The boards of both companies…

Three women’s sexual desires

  Lisa Taddeo 39-year-old from New Jersey, spent eight years  talking to three American women about sex with the aim of registering “ the heat and sting of female want so that men and other women might more easily comprehend before they condemn”. Lisa Taddeo’s three real women’s desire focusing on woman’s “Fifty Shades of…

Age of Robots: How automation control our work, wealth and welfare

Mr Bootle the chairman of Capital Economics argues that the automation and advances in AI will be a huge positive influence in our lives in the coming future and economic effects of artificial intelligence may not be as different from those of previous technological transformations as many suppose, that the speed with which the changes…