The Myth Of The World’s Hottest Electric Car Market

The Myth Of The World’s Hottest Electric Car Market

Norway has been hailed as a model for electric vehicles adoption with EV sales exceeding 57% of new car sales in June of this year. This accomplishment stands at odds with the rest of the world, where despite substantial subsidies, EV sales...
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France scraps plans for 4th-gen nuclear reactor

France scraps plans for 4th-gen nuclear reactor

After €730mn in investment, France scraps plans for 4th-gen nuclear reactor. The French nuclear agency says it axed plans to build a prototype fast-breeder nuclear reactor – at least for the foreseeable future – after spending over a decade and...
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Mercedes caught spying on drivers with secret tracking devices

Mercedes caught spying on drivers with secret tracking devices

Daimler, i.e. Mercedes-Benz has found itself at the center of an apparently illegal spying operation, following reports that it installed tracking devices on thousands of vehicles and shared customer location data with third parties. According to the Sun, Mer...
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Novartis CEO Narasimhan Defends Company’s Decision to Withhold False Data From the FDA

Novartis CEO Narasimhan Defends Company’s Decision to Withhold False Data From the FDA

Responding to the agency’s stern rebuke, Vas Narasimhan, the company’s executive, tried to reassure investors that Novartis did not intentionally deceive the FDA while seeking approval for its $2.1 million gene therapy. The chief executive of Novartis on W...
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Ryanair pilots vote for strike action

Ryanair pilots vote for strike action

UK-based Ryanair pilots have voted to strike in a row over pay and conditions. In July, the budget airline reported a sharp fall in quarterly profits to 21%, due to higher costs for fuel and staff, and reduced ticket prices. The...
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Boeing and Ryanair quietly rebranded 737 MAX

Boeing and Ryanair quietly rebranded 737 MAX

The Boeing 737 MAX has been grounded for months, with no end in sight to the grounding, given that they keep finding problems with the plane. Even once the plane is fixed and certified by the FAA, there will be...
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Norwegian Air CEO steps down

Norwegian Air CEO steps down

Norwegian Air’s Bjoern Kjos stepped down on Thursday as chief executive of the budget airline he co-founded. Kjos, 72, a former fighter pilot, helped to build a tiny Norwegian airline housed in pre-fabricated barracks on the edge of Oslo airport...
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S-500 Prometheus was accepted into service

S-500 Prometheus was accepted into service

The Russian Anti-Ballistic and Anti-Aircraft system S-500 Prometheus was accepted into evaluation phase service and already protects Russia. The S-500 Prometheus Anti-Ballistic and Anti-Aircraft missile system, according to expert estimates, uses brand new ra...
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American Airlines prefer European Airbus over US planemaker Boeing

American Airlines prefer European Airbus over US planemaker Boeing

The world’s largest air carrier, American Airlines, has become the first major US airline to buy 50 long-range, single-aisle A321XLR jets from Airbus as Boeing is tries to win back customers’ trust after two recent crashes. European aerospace giant Airbus....
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Paris Air Show 2019 kicks off at Le Bourget

Paris Air Show 2019 kicks off at Le Bourget

Boeing under pressure at Paris air show while Airbus reveals new plane. Boeing CEO Dennis Muilenburg will be under the spotlight at this week’s Paris air show following the two 737 Max crashes that killed almost 350 people. While plane manufacturers...
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How the Fiat Chrysler and Renault Merger Deal Vaporized

How the Fiat Chrysler and Renault Merger Deal Vaporized

France government wanted a commitment from Renault partner Nissan Motor Co. to back the merger. Abstention, as signaled earlier by the Japanese management — wasn’t good enough. French side fearing that Nissan might begin torpedoing the alliance. It qui...
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Russia Tested Modernised Missile of the Anti-Ballistic Missile System

Russia Tested Modernised Missile of the Anti-Ballistic Missile System

A new video released Tuesday by the defence ministry shows the test firing of an unnamed modernised missile of the Russian ABM [Anti-Ballistic Missile] system. The defence ministry has remained mum on the nature and specifications of the new weapon, only co...
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UK car production crashed by 45%

UK car production crashed by 45%

UK car production fell 44.5% according to the Society of Motor Manufacturers and Traders (SMMT). In what it called “an extraordinary month”, the SMMT said only 70,971 cars rolled off production lines. That was 56,999 fewer than in April a...
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Fiat Chrysler proposes merger with Renault

Fiat Chrysler proposes merger with Renault

Fiat Chrysler proposed on Monday to merge with France’s Renault to create the world’s third-biggest automaker and combine their investments in the race to make new electric and autonomous vehicles. Shares of both companies jumped over 10% on the ne...
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Airbus beats estimates

Airbus beats estimates

Aerospace and defense giant Airbus boosted operating profit thanks to commercial aircraft. The European aviation manufacturer Airbus increased its net operating profit to EUR 549 million from EUR 14 million in the same period last year. This was due mainly to...
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