Airbus partnered with Uber to provide on-demand helicopter rides to people using its H125 and H130 choppers.
Industry
ChemChina is one step closer to acquire Swiss agrochemicals Syngenta
Previously, the company has also purchased German's KraussMaffei Group. Also, Chinese companies investment overseas is growing.
10 years of Toyota Gazoo Racing in the 24-hour Nürburgring will see triple entry for 2016
The 24 Hours of Nürburgring will see Toyota breaking away from its conventional ways, to enter three models in this year's Toyota Gazoo Racing. Among which, one is a cross-over machine and Toyota's next production venture.
Twitter-Periscope Integration: Periscope broadcast videos now autoplays in Twitter
Periscope's broadcast videos can now be played directly in Twitter's app. But the change is yet to be made in Twitter's Moments.
US Treasuries Holdings Reach At Record Low Since November, Further Outflow Presumed
Some $46.5 billion treasuries have been reported to liquidate during the first two weeks of the New Year. The present reserve for $2.962 trillion appears to be the lowest since November. China has been reportedly withdrawing funds and injecting to the market to keep hold its currency in place. Considering its financial reserve, it is widely believed that further outflow of US treasuries, possibly with greater vicinity will take place in the coming months.
Latest News
Microsoft is planning to bring its Windows Phone keyboard Word Flow to the iPhone, and is now recruiting iPhone users to test a beta version of the software.
Russia’s Rosneft OJSC is suffering more due to the below $30 crude oil prices than its privately owned counterpart Lukoil PJSC, which seems to be showing more resilience.
Brent oil drops to $28 per barrel as Iran increases production and exports after international sanctions against the country were lifted.
Honda recalls 22,142 Shadow motorcycles modelled from 2010 to 2015 due to unsafe position of bank angle sensor and joint connector wires.
Brent oil prices fell on Wednesday, dropping below $30 a barrel to touch $29.96 for the first time since April 2, 2004.
The lower oil prices are forcing rig operators to reduce their activity in North Dakota. The number oil rigs operational fell to 49 indicating the lowest since August 2009. The number of oil rigs is expected to further drop to 30 this year. There're concerns over possible bankruptcies following the decline in oil drilling North Dakota.
Airbus Group's corporate venture capital fund Airbus Ventures has announced its first investment that was extended to a Phoenix-based Local Motors Inc. Airbus Ventures is keen on startups in the aviation industry that support Airbus business strategy. Local Motors Inc develops open source designs for building cars, helicopters and airplanes.
Majority of e-Commerce startups are running below expectations. Some of them sold for a fraction of their previous valuations. Groupon, One Kings Line and Wish.com were few examples that give insight of what's happening.
BMW reveals its new M2 at the 2016 Detroit Auto Show. The car is priced at $52,695, and a $995 destination charge.
