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.
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Michigan reports 10 deaths due to Legionnaire's disease as lead-contaminated drinking water infects Flint
Michigan county officials declared a state of emergency due to the increasing cases of Legionnaires' disease over the past year amidst the growing concern over the area’s water supply.
Greece Bailout: Central Bank Shows Support to Implement Pension System Reform
The government of Greece has been faced with a controversy whether to approve bailout reforms required by international creditors. Bank of Greece have shown support that encourages the government to conform with the required reforms, including the tough pension system reform.
Potatoes may increase pregnancy diabetes risk: US researchers
Women who frequently consume potatoes are more likely to develop the risk of diabetes when they become pregnant, US researchers warns.
Brent Crude plunges below $30, Lowest Since 2004
Brent oil prices fell on Wednesday, dropping below $30 a barrel to touch $29.96 for the first time since April 2, 2004.
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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.
Biotrial Private Facility has been conducting trial of a pain killer over 90 volunteers. Six of them have fall sick and one of them has got severe brain injury. Volunteers rarely fall sick while undergoing through such trials, since the drug must go through several tests over animals with wide range of dosage. Paris prosecutors have initiated investigations to unearth the cause behind the regulator approved trial.
The company aims to establish other R&D offices overseas, especially in the United States and Europe. By doing that, they strive to deliver better quality and technology that could enter globat markets.
The Singapore government had slammed certain caps on private housing sector, to cool an overheated market. This has been a rising concern for the city builders, especially after Singapore recorded a repetitive falling graph for 17 years running. However, it remains to be seen if the government deems fit for the bans to be lifted given the current residential property scenario.
After much wait, Shanghai announces the opening date of its Disneyland. This huge theme park is said to have some of the finest attractions, including the largest princess-themed park. While it may have faced a lot of construction challenges over the years, this Disney resort seems to have emerged unscathed, albeit a little late.
Microsoft is finally moving on from Internet Explorer 8, 9 and 10, with exceptions of certain aging Windows updates. The software giant has rolled out the Edge, an improved version of the Explorer, and urges its users to make the switch swiftly, for a continued and, most importantly, secure relationship.
Canadian Finance Minister has clearly stated that he strongly supports the central bank's recommendation of featuring Canada's iconic woman or women on paper currency. The petition for recognition of women, led by by hhistorian Merna Foster since 2013, seems to be slowly moving towards a positive decision.
Chinese iron ore imports rose to a record-high in December, suggesting that demand from the world’s largest consumer remains robust. The enormous increase coincided with signs of continued inventory restocking at chinese ports.
