STRASBOURG, France (AFP) – by Clément ZAMPA with Danny KEMP in Brussels European Commission head Jean-Claude Juncker on Wednesday issued a rallying cry for unity after Brexit, saying the EU is not in danger of splitting up but must fight “galloping populism”. In his annual State of the Union speech, Juncker unveiled plans including a European Union defence headquarters in a bid to find common ground after a year of crisis and division in the bloc. […]
Business
Samsung to limit recharging of faulty Note 7 batteries
SEOUL, South Korea (AFP) — Samsung said Wednesday it would limit recharging of the batteries of its Galaxy Note 7 smartphones to lower the risk of explosions in a measure apparently intended to jolt users into returning their devices following a recall. The South Korean electronics giant on September 2 suspended sales of its latest flagship smartphone and announced a recall of 2.5 million units already sold, after faulty batteries caused some handsets to explode […]
Amazon’s chief Jeff Bezos unveils new rocket design
MIAMI, United States (AFP) – Amazon founder Jeff Bezos unveiled plans Monday for a massive rocket called New Glenn designed to launch people to space and propel satellites into orbit, raising the ante in the US commercial space industry. Bezos, who also owns the Washington Post, said the rocket has been in the works for the past four years, and will be launched by decade’s end. At 270 feet (82 meters) high for the two-stage […]
Samsung shares plunge over smartphone explosion debacle
SEOUL, South Korea (AFP) – by Jung Ha-Won Samsung shares plunged Monday after the South Korean electronics giant urged global consumers to stop using its Galaxy Note 7 smartphone due to a spate of exploding batteries that raised alarm around the world. Stepping up its warnings, the world’s largest smartphone maker on Sunday told Note 7 users worldwide to immediately turn the device off. Samsung Electronics on September 2 had announced a recall of its […]
Volkswagen engineer indicted in US emissions case
Volkswagen engineer indicted in US emissions case NEW YORK, United States (AFP) – A Volkswagen engineer is expected to help the US pursue its criminal case against the German automaker after pleading guilty Friday to helping create the illegal emissions-cheating device installed on VW diesel cars. James Liang, 62, agreed to cooperate with US prosecutors developing a criminal case against Volkswagen, after he was indicted in Detroit federal court for his role developing the emissions “defeat […]
Dutch police closes probe into fatal Tesla crash
THE HAGUE, Netherlands (AFP) – Dutch police closed a probe Friday into a fatal crash involving a Tesla, accepting the US electric car firm’s findings that the Model S sedan was not on auto-pilot when it smashed into a tree. Tesla said the driver — who was killed in the accident — was in control of the car which crashed at high speed near the central Dutch town of Baarn on Wednesday. Police spokeswoman Thalia […]
Qantas grounds Samsung Note 7 after explosions recall
SYDNEY, Australia (AFP) — Australian carrier Qantas told customers on Thursday not to use or charge Samsung’s Galaxy Note 7 during flights after faulty batteries in the new smartphone caused some handsets to explode. Samsung, the world’s largest smartphone maker, said last week it was suspending sales of its latest flagship mobile device and recalling 2.5 million units shipped globally following reports of exploding “phablets” that dealt a heavy blow to the firm’s reputation. “Following […]
Apple unveils iPhone 7 but some still waiting for iPhone 8
(REUTERS) Apple Inc unveiled an iPhone 7 with high-resolution cameras and no headphone jack at its annual launch event Wednesday, though the biggest surprise was the debut of a three-decade-old Nintendo game franchise, Super Mario Bros, on the smartphone. While shares of Apple barely budged, Nintendo’s U.S.-listed shares jumped 29 pct on investors’ hopes that Super Mario would be another mobile gaming hit for the Japanese company akin to the wildly popular Pokemon Go. […]
Nintendo skyrockets on Super Mario game for iPhone
TOKYO, Japan (AFP) — Nintendo skyrocketed in early trade Thursday after the Japanese gaming giant and Apple announced that an exclusive Super Mario game will be available on iPhones later this year. The Tokyo-listed stock surged 18 percent to 29,200 yen ($287) in response to the news. Apple and Nintendo jointly announced that “Super Mario Run”, featuring Nintendo’s iconic game character, would be sold in App stores for exclusive use on the US firm’s hugely […]
Nasdaq inches to new high
Stocks relatively flat Wednesday, but the Nasdaq managed to inch higher to a new record. Investors focused on the outlook for interest rates. The Fed’s Beige Book showing the economy continued to expand at a modest pace during July and most of August, with wage pressures limited. The big Apple iPhone 7 and 7 Plus did little for the stock. Apple also unveiled a new watch along with a Nike partnership and a Pokemon Go […]
Meralco lowers charges this September
QUEZON City, Philippines (Eagle News) — Meralco announced that it will lower its charge by 45 centavos per kilowatt hour this September. This is due to the lower transmission charges which is lower than 10 centavos per kilowatt hour. https://youtu.be/F8ViMXNfN5I
Hanjin to spend $90 mn to ease shipping crisis
SEOUL, South Korea (AFP) — South Korea’s Hanjin Group said Tuesday it would provide its debt-ridden shipping unit with 100 billion won ($90.4 million) to help ease huge disruptions to global maritime freight. Hanjin, the world’s seventh largest shipping company, is seeking bankruptcy protection at home and in the US after creditors rejected its latest plan to deal with a $5.37 billion debt. Its bankruptcy would be by far the largest in the history of […]
