Nissan has announced it will acquire a 34% stake in rival Mitsubishi Motors, in the wake of the latter’s recent scandal over fuel efficiency. According to the Japanese auto giant, the all-share deal is valued at 237 billion yen ($2.2 billion). Nissan CEO Carlos Ghosn has called the deal “a breakthrough transaction and a win-win”… Continue reading Nissan to Acquire Controlling Stake in Rival Mitsubishi Motors
Year: 2016
George Zimmerman Auctions Gun Used to Shoot Dead Trayvon Martin
George Zimmerman will auction the gun used to shoot dead unarmed Florida teenager Trayvon Martin. The seller, a neighborhood watchman, was cleared over the death of the 17-year-old in February 2012 after saying he acted in self-defense. George Zimmerman said he was selling the gun partly to raise funds to fight “Hillary Clinton’s anti-firearm rhetoric”.… Continue reading George Zimmerman Auctions Gun Used to Shoot Dead Trayvon Martin
Donald Trump Gives New Conflicting Account on Muslim Ban
Donald Trump has softened his stance on temporarily barring Muslims from travelling to the US. Responding to remarks by newly elected London Mayor Sadiq Khan, Donald Trump told Fox News Radio the ban was “just a suggestion”. Sadiq Khan has expressed concern that he would not be able to travel to the US under a… Continue reading Donald Trump Gives New Conflicting Account on Muslim Ban
Takata Posts Third Full-Year Loss
Takata reported its third full-year loss in four years as it grapples with the rising costs of recalling airbags. The Japanese airbag maker announced a net loss of 13.1 billion yen ($120.5 million) for its financial year ending in March. Takata has been hit by a huge recall of faulty, potentially deadly, airbags used by… Continue reading Takata Posts Third Full-Year Loss
Prince Death: Dr. Michael Schulenberg Questioned by Detectives
Dr. Michael Schulenberg, who saw Prince twice in the weeks before he died at the age of 57, has been questioned by Minnesota detectives. A police warrant has also revealed that the doctor prescribed medication to Prince on April 20 – the day before he died. The document does not say what was prescribed or… Continue reading Prince Death: Dr. Michael Schulenberg Questioned by Detectives
Bernie Sanders Wins West Virginia Primary
Vermont Senator Bernie Sanders has won the West Virginia primary in the Democratic race for the presidential nomination. Bernie Sanders still trails rival Hillary Clinton in the overall contest for delegates but this win keeps his slim hopes alive. In a victory speech that also attacked Republican Donald Trump, Bernie Sanders said: “We are going… Continue reading Bernie Sanders Wins West Virginia Primary
12 Ways To Stay Healthy!
Image from pixabay A lot of people try and live a healthy lifestyle, but it can be hard when illnesses can occur at any time. The stresses of work and family mean we can end up eating too much food and not exercising enough. We also forget to go to appointments where we can find… Continue reading 12 Ways To Stay Healthy!
5 Types Of Software Your Business Needs To Invest In
In recent years, we’ve gotten to a point where our day-to-day business operations would be a mess without technology. We’d be lost without smartphones, constant email access, and Microsoft Office. Most of our daily tasks are completed with pieces of software on PC’s and laptops. We’ve got to a point where we are so reliant… Continue reading 5 Types Of Software Your Business Needs To Invest In
Fort McMurray: 90% of City Saved from Massive Wildfire
More than 90% of buildings in the evacuated city of Fort McMurray have survived the massive wildfire, Alberta’s provincial premier Rachel Notley said on a visit. She said the hospital and most schools were intact but 2,400 out of 25,000 structures had been burnt. “It was a miracle we got the entire population out safely,”… Continue reading Fort McMurray: 90% of City Saved from Massive Wildfire
Mitsubishi Motors Shares Recover Following Compensation Reports
Mitsubishi Motors shares have risen on media reports the auto maker will compensate customers after it admitted falsifying fuel efficiency data. Shares in the Japanese auto maker have lost some 50% of their value since the scandal. On May 10 shares rose 1.9%. The Nikkei 225 benchmark index closed 2.2% higher at 16,565.19 points. Meanwhile,… Continue reading Mitsubishi Motors Shares Recover Following Compensation Reports
Philippines Elections 2016: Digong Duterte Wins Presidency after Opponents Withdrawal
Rodrigo “Digong” Duterte has won the Philippine presidential elections, following the withdrawal of his opponents. Although the official result has not yet been declared, main rival Mar Roxas admitted defeat after polls gave Digong Duterte an unassailable lead. The 71-year-old Maverick anti-crime candidate said he accepted the mandate with “extreme humility”. Digong Duterte stirred controversy… Continue reading Philippines Elections 2016: Digong Duterte Wins Presidency after Opponents Withdrawal
North Korea Congress Ends with Mass Rally in Pyongyang
North Korea is holding a huge rally in capital Pyongyang to mark the end of the Workers’ Party Congress, the first in 36 years. The congress of North Korea’s ruling party cemented the position of leader Kim Jong-un, elevating him to the role of party chairman. On May 10, state media announced that Kim Jong-un’… Continue reading North Korea Congress Ends with Mass Rally in Pyongyang
Panama Papers Posted Online
The Panama Papers relating to more than 200,000 offshore accounts have been posted online. The huge database belonging to Mossack Fonseca law firm became accessible on the International Consortium of Investigative Journalists (ICIJ) website offshoreleaks.icij.org. The documents have shown how some wealthy people use offshore companies to evade tax and avoid sanctions. The papers were… Continue reading Panama Papers Posted Online
Mercury Makes Rare Transit In Front of the Sun
Mercury has made a rare transit in front of the Sun, the third such pass of 14 the planet will make this century. The little planet’s sojourn between Earth and the Sun lasted from 11:12 until 18:42 GMT. Mercury will not make another transit until 2019 and then 2032. The event was impossible – and… Continue reading Mercury Makes Rare Transit In Front of the Sun
Takata Airbag: Honda to Recall Additional 20 Million Faulty Airbags
Shares in Japanese airbag maker Takata fell as much as 3.5% in morning trade before recovering, as media reports suggested more recalls over faulty airbags supplied by the company. An additional 20 million Takata airbags would be recalled by car maker Honda, Nikkei newspaper reported on May 8. Honda shares rose 1.6% in Tokyo, while… Continue reading Takata Airbag: Honda to Recall Additional 20 Million Faulty Airbags
Philippines Elections 2016: Digong Duterte Tipped to Win Presidency
Filipinos are voting for a new president and other leaders, with outspoken mayor Rodrigo “Digong” Duterte the favorite to win. Five candidates are running but Digong Duterte led polls ahead of voting, despite controversial comments while campaigning and a hard-line stance. The campaign has been driven by public concerns about the economy, inequality and rampant… Continue reading Philippines Elections 2016: Digong Duterte Tipped to Win Presidency
Ozzy and Sharon Osbourne to Divorce After 33 Years of Marriage
Sharon and Ozzy Osbourne have decided to end their marriage after more than 33 years, ET reports. The 67-year-old rock legend and the 63-year-old The Talk co-host, who wed on July 4, 1982, share three children together: Aimee, 32, Kelly, 31, and Jack, 30. Sharon Levy first met Ozzy Osbourne in the 1970s when his… Continue reading Ozzy and Sharon Osbourne to Divorce After 33 Years of Marriage
Donald Trump: “Taxes for Rich People May Go Up”
In an apparent reversal of his stated policy, Donald Trump has said taxes for rich people may have to go up. The Republican presidential hopeful told ABC’s This Week: “On my plan they’re going down. But by the time it’s negotiated, they’ll go up.” Donald Trump also apparently reversed his position on the minimum wage,… Continue reading Donald Trump: “Taxes for Rich People May Go Up”
Fort McMurray Wildfire Spreads Towards Saskatchewan
The Fort McMurray fire is growing further and could spill in to neighboring province of Saskatchewan, Canadian officials say. Hot, dry and windy conditions are hampering efforts by hundreds of firefighters to tackle the blaze. The blaze has already caused the evacuation of 80,000 people from the oil city of Fort McMurray, and thousands are… Continue reading Fort McMurray Wildfire Spreads Towards Saskatchewan
Kim Jong-un: North Korea Will Not Use Nuclear Weapons Unless Its Sovereignty Is Threatened
North Korean leader Kim Jong-un has said his country will not use nuclear weapons unless its sovereignty is threatened, state media report. North Korea first tested nuclear weapons in 2006, after withdrawing from an international treaty. The secretive country has made repeated threats of nuclear strikes against South Korea and the US. However, Kim Jong-un… Continue reading Kim Jong-un: North Korea Will Not Use Nuclear Weapons Unless Its Sovereignty Is Threatened
El Chapo Guzman Transferred to US Border Jail
Mexican convicted drug lord Joaquin “El Chapo” Guzman has been moved to a prison close to the border with the US. He was taken to a prison near Ciudad Juarez, across the border from El Paso in Texas, as part of a normal rotation of prisoners for security reasons, officials said. The head of the… Continue reading El Chapo Guzman Transferred to US Border Jail
King Salman of Saudi Arabia Dismisses Oil Minister Ali al-Naimi
Saudi Arabia’s veteran oil minister Ali al-Naimi has been removed by King Salman as part of a broad government overhaul. Ali al-Naimi has been replaced after more than 20 years in the role by former health minister Khaled al-Falih. Saudi Arabia – the world’s largest crude exporter – unveiled major economic reforms in April, aimed… Continue reading King Salman of Saudi Arabia Dismisses Oil Minister Ali al-Naimi
Nobel Laureates: Sanctions Imposed on North Korea Hamper Health and Science
A group of three Nobel laureates have said that sanctions imposed on North Korea are hampering health and science and should be eased. They were speaking in Beijing after visiting Pyongyang in what was billed as an attempt to promote dialogue. International sanctions on North Korea were further tightened in 2016 after the secretive country… Continue reading Nobel Laureates: Sanctions Imposed on North Korea Hamper Health and Science
Fort McMurray Fire to Double in Size over Next 24 Hours
According to Canadian officials, the huge wildfire which devastated the oil town of Fort McMurray could double in size over the next 24 hours. The fire now covers an area larger than New York City and is being fanned by winds and feeding on dry vegetation. The flames are moving away from Fort McMurray, most… Continue reading Fort McMurray Fire to Double in Size over Next 24 Hours
Entrain App Reveals World’s Sleeping Patterns
A new research has revealed the world’s sleeping patterns after analyzing data collected from the Entrain app. The team at the University of Michigan released the Entrain app in 2014 to help people overcome jetlag. The new study, published in Science Advances, showed the Dutch have nearly an hour more in bed every night than… Continue reading Entrain App Reveals World’s Sleeping Patterns