Ford says its Active Drive Assist system will allow hands-free driving on more than 100,000 miles of divided highway in the United States and Canada. Ford Ford Motor has entered into an agreement with Mobileye, an automotive technology subsidiary of Intel, to support its next generation of advanced driving and …
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British pharmaceutical company Synairgen has claimed that its new respiratory coronavirus treatment has reduced the number of hospitalized patients with Covid-19 needing intensive care in a clinical trial. The company said that their nebulizer treatment produced a 79% lower risk of patients developing serious illness than those who received a …
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European stocks fell on Monday after European Union leaders meeting over the weekend failed to agree on a multi-million dollar recovery fund for the region to help it recover from the coronavirus crisis. The pan-European Stoxx 600 fell 0.6% lower in initial trade, with travel and leisure stocks falling 2.3% …
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Xpeng Motors’ latest electric car is called the P7. Xpeng Engines Chinese electric car company Xpeng Motors has raised new funds as competition continues to rise in China’s so-called new energy vehicle market. The $ 500 million financing came from a group of investors including Aspex, Coatue, Hillhouse Capital and …
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The economic consequences of the coronavirus pandemic are likely to worsen when authorities begin to reverse aid measures, and banks could experience “much more damage” to their balance sheets, said Piyush Gupta, executive director of the Singaporean bank DBS group. Speaking to Christine Tan, CNBC presenter “Managing Asia,” Gupta said …
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