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Auto giants launch cheaper EVs in Paris — taking the fight to China
17Oct By Aditi PawarNo Comments
Business

Auto giants launch cheaper EVs in Paris — taking the fight to China

Carlos Tavares, chief executive officer of Stellantis NV, beside a Citroen C5 Aircross Concept automobile at the Paris Motor Show in Paris, France, on Monday, Oct. 14, 2024.Bloomberg | Bloomberg | Getty ImagesPARIS, France — Several of Europe's biggest carmakers unveiled low-cost electric vehicles (EVs) at the Paris Motor Show this week, seeking to jump-start a demand slump and recapture some of the market share now held by Chinese brands.It is thought that the biennial industry showcase, which opened in Paris on Monday and runs through to Sunday, could prove to be a turning point for Europe's auto industry."It feels like Europe is fighting back," Julia Poliscanova, senior director for vehicles and e-mobility supply chains at the Transport & Environment campaign group, told CNBC at the...
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JD Vance says Trump did not lose the 2020 US election
17Oct By No Comments
World News

JD Vance says Trump did not lose the 2020 US election

By James Oliphant for Reuters Republican JD Vance is Donald Trump's running mate. Photo: AFP / Alex Wong After dodging the issue for weeks, Republican vice-presidential candidate JD Vance said unequivocally on Wednesday local time he believes false claims that Donald Trump did not lose the 2020 election. Taking questions from reporters at a campaign event in Williamsport, Pennsylvania, Vance was again asked if Trump lost to President Joe Biden four years ago. "On the election of 2020, I've answered this question directly a million times. No! I think there are serious problems in 2020," Vance said. "So, did Donald Trump lose the election in 2020? Not by the words that I would use." Trump, the Republican candidate for president in 2024, continues to falsely claim that he lost the 2020 ...
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Latest Canada Child Benefit payments roll out this week. How much? – National
17Oct By Aditi PawarNo Comments
Politics

Latest Canada Child Benefit payments roll out this week. How much? – National

Descrease article font size Increase article font size Canadian parents are set to receive the latest child benefits from the federal government on Friday. October payments of the Canada Child Benefit (CCB) will go to eligible families who have children under the age of 18 years residing in Canada.The CCB amounts were increased in July after a routine annual recalculation based on a family’s net income from the previous year and inflation.Recipients don’t have to pay any tax on these monthly payments.The CCB payments are calculated based on the adjusted family net income, as reported in the previous year’s tax return, the number of children and their ages, according to the Canada Revenue Agency. Story continues below advertisement ...
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Most EU countries miss deadline to meet new cybersecurity rules
17Oct By Aditi PawarNo Comments
Business

Most EU countries miss deadline to meet new cybersecurity rules

Businesses have been working hard to shift their culture internally to ensure they're taking the threat of cyber breaches and outage incidents seriously.Andrew Brookes | Image Source | Getty ImagesNew European Union regulations requiring businesses to bolster their cyber defenses is off to a slow start as many member states have failed to adopt the rules in time to meet a key enforcement deadline, according to research monitoring the progress of the directive.The EU's NIS 2 cybersecurity directive sets a high benchmark for companies over their internal cybersecurity systems and practices. It imposes tougher requirements around risk management, transparency obligations and business continuity planning, in the event of a cyber breach.On Thursday, the new directive officially became enforceab...
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Firebombing of news organisation in Indonesia’s Papua region condemned as assault on ‘media freedom’
17Oct By No Comments
World News

Firebombing of news organisation in Indonesia’s Papua region condemned as assault on ‘media freedom’

By Pizaro Gozali Idrus, BenarNews Police officers check the area around the Jubi editorial office in Jayapura, Papua, after it was targeted in a Molotov cocktail attack on 16 October 2024. Photo: Benar News / Victor Mambor An attack on the editorial office of Papua-based media outlet Jubi on Wednesday using Molotov cocktails set fire to vehicles but resulted in no casualties, Indonesian police said. The latest targeting of journalists in the Indonesian province has been condemned by human rights groups as a renewed assault on media freedom, after previous attacks remained unsolved by police. Jubi is owned by Victor Mambor, who is a Jayapura-based stringer for BenarNews. Heram Sectoral Police Chief Inspector Bernadus Ick confirmed an investigation is underway. Area residents help p...
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Profit beats expectations as AI boom drives 54% hike
17Oct By Aditi PawarNo Comments
Business

Profit beats expectations as AI boom drives 54% hike

An image of a semiconductor wafer at the Taiwan Semiconductor Manufacturing Museum of Innovation in Hsinchu, Taiwan, on Jan. 11, 2022.I-Hwa Cheng | Bloomberg | Getty ImagesTaiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit, as global chipmakers continue to benefit from demand boosted by AI applications.The company's net income was 352.3 billion Taiwanese dollars ($10.1 billion) over the July-September quarter, surpassing an LSEG estimate of $300.2 billion Taiwanese dollars cited by Reuters.TSMC is the world's largest producer of advanced chips, serving clients such as Apple and Nvidia.This breaking news story is being updated. Source link
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Hundreds of tar balls have surfaced on Sydney beaches. But what are they?
17Oct By No Comments
World News

Hundreds of tar balls have surfaced on Sydney beaches. But what are they?

By Jesse Hyland for the ABC Hundreds of black balls mysteriously appeared along the shore of Sydney beaches. Photo: Supplied / Randwick City Council Facebook One of Sydney's most popular beaches came under the spotlight this week when hundreds of black balls mysteriously appeared along its shore. The sphere-shaped debris washed up at Coogee Beach on Tuesday, resulting in the beach's closure and an investigation by Randwick City Council and the NSW Environment Protection Authority (EPA). The black balls then surfaced at Clovelly Beach, Gordons Bay and the northern end of Maroubra Beach. The EPA confirmed on Thursday that balls had also been found at Bondi, Bronte, Tamarama, Little Bay, Malabar, Frenchmans and Congong beaches. All beaches will remain closed until further investigation ...
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Unrivaled women’s basketball league to air on TNT Sports
17Oct By Aditi PawarNo Comments
Business

Unrivaled women’s basketball league to air on TNT Sports

Napheesa Collier, #24 of the Minnesota Lynx, scores the game-winning basket during the game against the New York Liberty in Game 1 of the 2024 WNBA Finals at Barclays Center in Brooklyn, New York, on Oct. 10, 2024.Nathaniel S. Butler | National Basketball Association | Getty ImagesWarner Bros. Discovery is ensuring pro basketball will stay on TNT Sports.Unrivaled, the new and upcoming pro women's basketball league, signed an exclusive, multiyear media rights deal to air its games on TNT and truTV, as well as streaming platform Max. Terms of the deal were undisclosed.The three-on-three league was co-founded earlier this year by WNBA stars Breanna Stewart of the New York Liberty and Napheesa Collier of the Minnesota Lynx as the popularity of women's sports — basketball in particular — rises....
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Fox News did not disclose its all-women town hall with Trump was packed with his supporters
17Oct By No Comments
World News

Fox News did not disclose its all-women town hall with Trump was packed with his supporters

Former President Donald Trump attends a Fox News Town Hall moderated by Harris Faulkner in Cumming, Georgia, on October 15. Photo: Elijah Nouvelage/AFP/Getty Images via CNN Newsource Fox News hosted an all-women town hall with former President Donald Trump, billed as an opportunity for female voters to ask the Republican candidate questions that matter to them. The Georgia town hall, where Trump took questions on reproductive laws, transgender rights and other issues, aired Wednesday morning in the US. But Fox News did not disclose that the female audience it selected for the event was packed with local Republican supporters and the network edited its broadcast to remove some of their vocal advocacy of Trump. The Georgia Federation of Republican Women wrote on its Facebook page that the...
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China pledges more financial support for ‘whitelist’ real estate projects
17Oct By Aditi PawarNo Comments
Business

China pledges more financial support for ‘whitelist’ real estate projects

09 March 2024, China, Peking: Ni Hong (r.), China's Minister of Housing and Rural Development, speaks at a press conference. Johannes Neudecker | Picture Alliance | Getty ImagesChina will expand its "whitelist" of real estate projects and speed up bank lending for these unfinished developments to 4 trillion yuan ($561.8 billion) by the end of the year, the country's housing ministry said Thursday.Ni Hong, China's minister of housing and urban-rural development, made the announcement at a press conference, alongside officials from the central bank, finance ministry and the National Financial Regulatory Administration.A total of 2.23 trillion yuan had already been approved in loans to whitelisted developers. That figure will almost double to 4 trillion yuan by the end of 2024, according to a...
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