Helio Castroneves wins Iowa Corn 300 to snap 53-race winless streak

Helio Castroneves wins Iowa Corn 300 to snap 53-race winless streak

10.07.2017

The IndyCar series is off to Toronto this weekend and with six races left, Power has plenty of chances to move up the standings as he chases a second drivers' championship. But he lost his lead when Castroneves beat him off pit lane after Carlos Munoz's crash brought on a caution halfway through the race. The series announced Saturday that the Chip Ganassi Racing team was cited for three minor violations after Dixon's Honda entered the track roughly a minute after the end of a morning ...

CM Liezietsu sacks 4 ministers and 11 parliamentary secretaries

CM Liezietsu sacks 4 ministers and 11 parliamentary secretaries

10.07.2017

Imchen said they were waiting for the Governor to send a formal invite to Zeliang to form the government. Nagaland chief minister Shurhozelie Liezietsu sacked four ministers, 10 parliamentary secretaries and two advisers on Sunday, as the Naga People's Front (NPF) leader faces a rebellion over this leadership.

China Cosco Shipping to buy Hong Kong's Orient Overseas for $6.3bn

China Cosco Shipping to buy Hong Kong's Orient Overseas for $6.3bn

10.07.2017

Assuming all shareholders tender their shares under the offer, COSCO will own 90.1 percent of OOIL upon completion, while SIPG will hold the remaining 9.9 percent share. OOIL, controlled by the family of former Hong Kong leader Tung Chee-hwa, has accepted the offer for its 68.7 percent stake and is projected to make more than $4 billion out of the deal.

Final G20 Communique Reveals Split Over Climate Policy

Final G20 Communique Reveals Split Over Climate Policy

10.07.2017

The other heads of state and government from G-20 countries as well as the European Union's leaders will affirm their belief that the 2030 Agenda for Sustainable Development and the Paris Agreement are irreversible, according to the draft statement.

US Adds a Robust 222000 Jobs in June

US Adds a Robust 222000 Jobs in June

10.07.2017

Wages are only growing slowly, despite the historically low jobless rate. The U.S. added 207,000 jobs in April , an upward revision of 33,000. For a president who loves to talk about creating jobs, it's been a strong start: Employers have added 863,000 jobs during Donald Trump's first five full months in office.

Turkish opposition stages huge rally for 'justice', in challenge to Erdogan

10.07.2017

Though his protest march only attracted a modicum of support in its early days, Kilicdaroglu, a 68-year old politician, garnered allies nationwide as his advance from Ankara to Istanbul progressed. Therefore, the " justice march " is an important sign that major opposition is open to demonstrating against Erdogan's authoritarianism. Tens of thousands of protestors chanted justice slogans and carried Turkish flags, as well as banners which read " justice " and posters of Mustafa ...

Royal Jordanian, Kuwait Airlines Say US Laptop Ban Lifted

Royal Jordanian, Kuwait Airlines Say US Laptop Ban Lifted

10.07.2017

Last month, the US Department of Homeland Security announced measures requiring additional time to screen passengers and electronic devices on US-bound flights from 105 countries. Etihad Airways on Sunday became the first airline to benefit from the lifting of the ban, with flights from the airline's base in the Emirati capital Abu Dhabi no longer affected.

U.S. will test THAAD system in Alaska

U.S. will test THAAD system in Alaska

10.07.2017

Some experts said the missile North Korea successfully tested on July 4 could reach as far. The THAAD interceptors will be fired from Alaska, Reuters reported. In a sign of U.S. congressional concern about missile defence, several lawmakers filed amendments to a sweeping defence policy bill on Friday that addressed North Korea .

Samsung plans $18B of new investments in chip production

Samsung plans $18B of new investments in chip production

10.07.2017

For comparison, for Q2 a year ago Samsung reported 8 Trillion KRW ($6.9 Billion USD) in profit and nearly 51 Trillion KRW ($44 Billion USD) in sales. The results from the mobile division are expected to improve further should the highly-anticipated Galaxy Note 8, which is expected to debut in NY at the end of August, be a hit.

Elon Musk unveils first look at cheaper Tesla Model 3 sedan

10.07.2017

The first Model 3 reveal comes just days after mainstream automaker Volvo announced it was going all in on the electric vehicle, shifting to full electric and hybrid production by 2019. Musk also stated that the Model 3 is a much simpler auto compared to other models. Tesla Inc (TSLA) is far tinier than those car-makers by sales, but it plans to become more of a conventional player with the rollout of its latest auto, the Model 3, which at $35,000 is far less dearer than its two current ...