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Volkswagen emissions issue affects 1.8 million light commercial vehicles: paper

Volkswagen emissions issue affects 1.8 million light commercial vehicles: paper

FRANKFURT: Volkswagen’s light commercial vehicles account for 1.8 million of the 11 million diesel cars fitted with software linked to a scandal over rigged emissions tests, a spokesman for VW’s commercial vehicles business told a German newspaper. The VW business, whose models include the Transporter and Caddy vans, plans to present proposals to authorities in […]

September 29, 2015 | By | Reply More
Big Auto look to tech companies to fix cars over the air

Big Auto look to tech companies to fix cars over the air

SAN FRANCISCO: As cars increasingly resemble digital devices, a group of technology firms that can send wireless software updates to cars are in hot demand by carmakers scrambling to catch up to Tesla Motors in the arena of over-the-air updates, or OTAs.     Interest in the technology, through which certain car functions can be upgraded […]

September 29, 2015 | By | Reply More
High scores for Malaysian smartphone users in Google research

High scores for Malaysian smartphone users in Google research

KUALA LUMPUR: The number of Malaysian smartphone users who use their services to make hotel bookings online has hit the 100 per cent mark, The percentage of smartphone users making digital music purchases and booking flight tickets — both done online — is also staggeringly high at 96 per cent and 99 per cent. The […]

September 29, 2015 | By | Reply More
US senator Tammy Baldwin: House inaction on Export-Import Bank reauthorisation costing Wisconsin jobs

US senator Tammy Baldwin: House inaction on Export-Import Bank reauthorisation costing Wisconsin jobs

Washington, Sept 29: The US Senator Tammy Baldwin yesterday renewed her call for the Republican majority in the House of Representatives to stop stalling reauthorisation of US Export-Import (Ex-Im) Bank.   Senator Baldwin’s call for action comes as GE Power & Water announced it plans to stop manufacturing gas engines in Wisconsin and blamed the […]

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Icahn urges Fed to get off zero, says 'treacherous path' undertaken

Icahn urges Fed to get off zero, says 'treacherous path' undertaken

NEW YORK: Billionaire investor activist Carl Icahn ramped up criticism of the U.S. Federal Reserve, warning about the unintended consequences of ultra low interest rates on the economy and financial markets. “They don’t understand the treacherous path they are going down,” Icahn said in an interview with Reuters, in which he also declared his support […]

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Local jobs key to easing Xinjiang tensions, officials say

Local jobs key to easing Xinjiang tensions, officials say

KORLA, China: Korla is a modern oil city near the massive Taklamakan Desert. It is famous for its fragrant pears and the quality of its cotton, and now it has become the centrepiece of China’s US$1.6 billion plan to boost the textile industry in Xinjiang, an autonomous region in the country’s northwest. Among other things, […]

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Malaysia nears developed status

Malaysia nears developed status

KUALA LUMPUR: MALAYSIA has passed an important milestone and is on its way to developed country status. World Bank data show that the Malaysia’s gross domestic product (GDP) per capita at US$10,830 (RM47,745) last year has, for the first time, exceeded the average of all nations worldwide of US$10,804. By comparison, in 2010, the national […]

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Great opportunities via China and India

Great opportunities via China and India

ANOTHER review of the Malaysian innovation policy, prepared by the Organisation for Economic Cooperation and Development (OECD), foresees “immense opportunities to be seized”, thanks in part to the country’s proximity to the world’s most populous and dynamic emerging economies — China and India. This environment offers opportunities to explore and develop several economic niches. The […]

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‘Country  has been innovation achiever’

‘Country has been innovation achiever’

THIS year’s Global Science and Innovation Advisory Council (GSIAC) meeting had the benefit of insights from the Global Innovation Index (GII) report, published by Cornell University, INSEAD (a graduate business school with campuses in France, Singapore and Abu Dhabi), and the World Intellectual Property Organisation. In this year’s GII, Malaysia ranked 32nd in the world, […]

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Indonesia hopes rejoining OPEC will help ease reliance on oil traders

Indonesia hopes rejoining OPEC will help ease reliance on oil traders

JAKARTA: Indonesia hopes its return to OPEC in December will bring Asia’s top gasoline importer closer to the world’s main oil producers and ease its reliance on a small group of traders for supplies, the country’s energy minister told Reuters on Monday. The Organization of the Petroleum Exporting Countries is expected to approve Indonesia’s request […]

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