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Markets

It includes entirely new hardware, including grid-connected batteries to act as a buffer to stabilize electrical loads (and reduce demand charges from utilities). Apparently, it charges at rates of up to 1,000 miles per hour. Tesla believes charging times using the V3 Supercharger will fall to around 15 minutes per vehicle, which at peak rates means 225 miles of charge is replenished.
  • Bugatti's new £9m La Voiture Noire, the most expensive vehicle ever made

    Bugatti's new £9m La Voiture Noire, the most expensive vehicle ever made

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    To mark its 110th anniversary, the French automaker Bugatti celebrated in singular style, unveiling the most expensive new auto in the world - La Voiture Noire, or the black vehicle - in Geneva. Those aesthetics won't be to all tastes, of course, but from where we're sitting, it's hard to disagree with Mr Winkelmann. For us, the coupe represents the ideal form with a flawless finish.'It's certainly dramatic.
  • Lyft beats Uber to the public market as expected

    Lyft beats Uber to the public market as expected

    Markets

    Lyft said that as of December it held 39 percent of the USA ride-hailing market, up from 22 percent at the end of 2016. The document said Lyft had completed over one billion rides since its inception in 2012 and had bookings a year ago of $8.1 billion.Lyft's mission, according to the statement, revolves around reducing the number of cars on roads, and includes a path toward self-driving vehicles.
  • Tesla To Shut Most Stores Worldwide

    Tesla To Shut Most Stores Worldwide

    Markets

    Tesla debuted the $35,000 Model 3 almost five years after the firm first announced it would offer an affordable version of the luxury sedan. While reaching the final step of his "master plan" with the Model 3 , a standoff between USA stock regulators and the flamboyant Musk has taken a dramatic turn over a tweet that could cost the entrepreneur his job at Tesla .
  • Trump targets India and Turkey in trade crackdown

    Trump targets India and Turkey in trade crackdown

    Markets

    In a letter to the Speaker of the US House of Representatives, Nancy Pelosi, Trump said he was determined that New Delhi had "not assured; the United States that it would 'provide equitable and reasonable access" to the markets of India.
  • US, China said near deal that could end most US tariffs

    US, China said near deal that could end most US tariffs

    Markets

    In a move meant to respond to Trump's repeated demands for a narrowing of America's trade gap with China , Beijing would also increase its purchases of USA goods, including a possible multi-billion-dollar buys of natural gas from the Cheniere Energy group.
  • Southwest quietly begins selling flights to Hawaii with lower fares

    Southwest quietly begins selling flights to Hawaii with lower fares

    Markets

    The airline previously announced plans to fly the new Boeing 737 MAX 8 aircraft, which has increased levels of efficiency and range compared to the other Boeing models that have been in the Southwest fleet. Los Angeles International Airport is also offering one-way flights starting at $88. An airline spokesman said Monday the flight was already sold out.
  • Powerball Winning Numbers: Results For The March 2 Lottery

    Powerball Winning Numbers: Results For The March 2 Lottery

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    If there is no jackpot victor, the money in the jackpot pool rolls over to the next POWERBALL drawing. Baghdad resident M.M. purchased tickets online at theLotter and ended up  winning the $6.4 million  Oregon Megabucks jackpot in August 2015.
  • The Aston Martin Valkyrie power figures have been revealed

    The Aston Martin Valkyrie power figures have been revealed

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    The peak power figure comes in at 10,500rpm, while the 546lb ft peak torque figure arrives at 6000rpm. It's a 6.5-liter V12 Cosworth unit which we've already heard in action . A few things to remember: The V12 engine and gearbox casing act as a stressed member of the vehicle structure, providing stiffness. Now Aston Martin has unveiled full performance figures for the car's hybrid powertrain.
  • Market Outlook: China A shares sprint again today

    Market Outlook: China A shares sprint again today

    Markets

    India's weight in the MSCI Emerging Market Index is likely to fall at least by a percentage point in the next one year, causing an expected outflow of as much as $2-3 billion investment by passive funds. India's weightage will come down by 32 basis points, or 0.32 percentage point, resulting in an investment outflow of almost $1 billion, as funds that invest according to the weight of the index components adjust their holdings.
  • Alert: The Facebook Coin is Now a Reality: Bitcoin's Latest Rival

    Alert: The Facebook Coin is Now a Reality: Bitcoin's Latest Rival

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    According to several anonymous individuals The New York Times spoke with, Facebook is cooking up a digital asset for its daughter company, messaging platform WhatsApp . He stated that a Facebook coin airdrop across billions of people could "by far be the biggest threat to Bitcoin ". "WeChat has over 1 billion users and around 800 million of them use the WeChat Pay function", CNBC included.
  • Seat showcases electric plans through El-Born concept

    Seat showcases electric plans through El-Born concept

    Markets

    Volkswagen will manufacture the el-Born for SEAT at the Zwickau plant in Germany. "Mobility is evolving and with it, the cars we drive". SEAT's concept auto answers the many questions of what future mobility will look like with a vehicle that still expresses the brand's core values of performance, design and technology.
  • Donald Trump warns against 'socialist nightmare' at conservative conference

    Donald Trump warns against 'socialist nightmare' at conservative conference

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    Trump invited Hayden Williams to join him Saturday while he addressed activists attending the Conservative Political Action Conference . He also attempted to clarify his remarks on believing Kim when he said he didn't know about the mistreatment of Otto Warmbier, a United States student who died after months in a North Korean prison.
  • Record high USA crude oil production drives prices down

    Record high USA crude oil production drives prices down

    Markets

    U.S. West Texas Intermediate (WTI) crude oil futures were down 0.8 percent at $56.49 per barrel. "Over the rest of 2019, though, the rising oil price sits incongruously with slowing economic growth in major markets". "In the short-term, oil markets are going to be characterised by supply tightness on worldwide markets", said Emirates NBD's Edward Bell. Oil prices dipped on Thursday, dragged down by weakening factory output in China and Japan and record U.S.