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GM to launch new EVs, says future is all-electric

AFTER MORE THAN a century peddling vehicles that pollute the atmosphere, General Motors is ending its relationship with gasoline and diesel. GM, the American automotive giant said Monday,  it is working toward an all-electric, zero-emissions future. That starts with two new, fully electric models next year—then at least 18 more by 2023. The U.S. largest automaker

E-bike makers from EU lodge complaint against Chinese imports

File photo: The Audi E-bike: uses “Harmonic Drive System” as the Blacktrail, a highly regarded German design developed by Clean Mobile. Clean Mobile builds custom bottom-bracket drive systems for exclusive high-end bikes made by innovative European companies. BRUSSELS (Reuters) - European producers of electronic bikes (e-bikes) have filed a complaint with the

European airlines failures play into hands of richer rivals

BERLIN (Reuters) - First Alitalia, then Air Berlin and now Monarch Airlines: Europe’s struggling carriers are falling like dominoes and the region’s biggest airlines are set to chalk up bigger profits. The collapse of airlines gives rivals a chance to snap up planes, prized airport slots and much-needed pilots. It takes

How UPS and FedEx plan to hire thousands of new workers to handle increased package volume around Xmas season

UPS said it expected to hire about 95,000 employees for the holiday season. The announcement marks the company's fourth straight year of seasonal hiring during the holidays. The seasonal employees would start in November and work through January, UPS said. FedEx is planning to bring on more than 50,000

Battle for Control of Uber Gets Machiavellian

Uber logo

Former Uber CEO Names Two Directors Without Consulting Board Kalanick asserts right to pick directors as questions swirl Company calls the appointments ‘a complete surprise’   Travis Kalanick.  Photographer: Qilai Shen/Bloomberg   Former Uber Technologies Inc. Chief Executive Officer Travis Kalanick named two new directors without consulting the company’s new leader or other existing board members, ratcheting

Bombardier Dives on Blow to $6 Billion Bet-the-Company Jetliner

U.S. slaps Bombardier C Series with 220% tariffs after Boeing complaint Canadian company’s trains sidelined by Siemens-Alstom deal (Bloomberg) - Bombardier Inc. plunged the most in almost two years after the U.S. levied import duties on the Canadian company’s priciest jet, rattling some of Washington’s closest allies and aggravating a trade

All cars banned in Paris city for a whole day

The whole of Paris to go completely car-free just for one day   Pedestrians are being encouraged to stroll the City of Light as the French capital banned cars throughout the city for a day. Paris has experimented in the past with car-free days, but Sunday marked the first time the entire city

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