Australia’s dinosaur record is one of the most poorly understood, with only a handful of species discovered in the past hundred years. But a newly identified one has been in our possession for decades without us even knowing. A strange collection of unstudied bones on show at Australia’s oldest museum for years has turned out […]
Category: Top News
Mexico-US tariffs will harm both countries, warn officials
Mexico has warned US President Donald Trump that tariffs on Mexican goods could worsen illegal immigration to the US and end up hurting both countries. The warning came as Mr Trump tweeted that Mexico could “stop the flow of people and drugs” across the border “if they want”. Mexican and US officials are in talks […]
KLM to fund development of fuel-efficient Flying-V plane
The development of a V-shaped, fuel-efficient airplane design known as the Flying-V is getting a boost with the announcement that Dutch national carrier KLM Royal Dutch Airlines will help to fund it. Intended to improve the sustainability of air travel, the Flying-V was conceived by Justus Benad, then a student at the Technical University of […]
Amazon Prime members now eligible for free one-day delivery on more than 10M items
Amazon Opens a New Window. said Monday that free one-day delivery has been added to more than 10 million items — an announcement that seems to take a shot at its rival Walmart Opens a New Window. , which launched its own next-day delivery initiate in May. Jeff Bezos’ e-commerce company said the products, ranging […]
Little legal recourse for astronomers concerned about Starlink
Despite complaints by individual astronomers and astronomical organizations, legal experts say there is little they can do under existing federal law and regulations to halt the deployment of SpaceX’s Starlink satellites. SpaceX launched the first set of 60 Starlink satellites May 23. The next evening, amateur astronomers noticed them passing in a closely-bunched train, bright […]
Global recession fears grow as manufacturing shrinks across Asia
Factory activity contracted in most Asian countries last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers in the region and beyond to roll out more stimulus. Such growth indicators are likely to deteriorate further in coming months as higher trade tariffs […]
US set to grant tentative approval to American Airlines-Qantas venture
The U.S. Transportation Department is expected to provide tentative approval to a bid by American Airlines and Qantas Airways to operate a joint venture, two people briefed on the matter said on Sunday. The department is expected to issue an order tentatively approving the joint business agreement and tentatively granting antitrust immunity, according to the […]
Infineon Nears Deal to Buy Cypress Semiconductor
Infineon Technologies AG is close to a deal to acquire Cypress Semiconductor Corp., according to people familiar with the matter. The companies could announce an agreement valuing Cypress Semi at almost $10 billion, including debt, as soon as Monday, said the people, who asked not to be identified as the details aren’t public. Infineon will […]
Tesla Roadster 2020: Elon Musk tempers expectations on timing, boosts SpaceX package
Tesla has been guiding the release of a new generation of the Roadster in 2020, but Elon Musk warned that the new electric hypercar is only a “dessert” and not really a priority as Tesla focuses on other things. There’s no doubt that Tesla is still spending a lot of manpower on Model 3 and […]
U.S. begins collecting higher tariffs on Chinese goods arriving by sea
The United States began collecting higher, 25% tariffs on many Chinese goods arriving in U.S. seaports on Saturday morning in an intensification of the trade war between the world’s two largest economies and drawing retaliation from Beijing. U.S. President Donald Trump imposed the tariff increase on a$200 billion list of Chinese goods on May 10, […]
Airline industry group slashes its profit forecast as trade war hurts the cargo business
Global trade tensions and increased protectionism prompted the International Air Transport Association (IATA) to slash its 2019 profit outlook for the airline sector. Speaking with CNBC at the trade group’s Annual General Meeting, IATA Director General and CEO Alexandre de Juniac said disruptions to international trade have hurt cargo loads, in particular. “It has significantly […]
Japan’s Iranian Oil imports Are Plunging
Preliminary data released on Thursday by Japan’s Ministry of Finance showed that the country’s crude oil imports from Iran dropped 42 percent month-on-month to 169,100 barrels per day (bpd) in April. The drop comes a month after its Iranian crude imports surged to 292,209 bpd. March’s surge came after the resumption of imports in February due to […]