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Tag Archives: new business ideas

Software emissions fix for three million Mercedes diesels

Three million Mercedes-Benz owners in Europe will be offered a software fix for their diesel cars.Daimler, which owns the luxury car maker, has been under intense pressure from police and prosecutors.Authorities are investigating the possible manipulation of diesel exhaust emissions in passenger cars.A Daimler spokesman said the software fix, …

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Venezuela denounces 'imperialist' US sanctions threat

The Venezuelan government says it will hold elections for a controversial constituent assembly despite the threat of US sanctions.The assembly would have the power to rewrite the constitution and to bypass the opposition-controlled legislature. On Monday, US President Donald Trump said he would take “economic actions” if the constituent …

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Lockheed Martin profits jump on higher F-35 jet sales

Increased sales of the F-35 fighter jet have helped Lockheed Martin, the biggest supplier of defence equipment to the US military, to report better-than-expected profits.The F-35, formerly known as the Joint Strike Fighter, is being built by the US defence giant in partnership with other countries, including the UK.Lockheed …

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UK 'now less appealing' to rich Chinese

The UK has slipped down the list of preferred destinations for Chinese millionaires considering moving overseas, a report suggests.While the US remains the favourite place to settle, Canada now ranks second pushing Britain into third spot.The survey found around half of those millionaires quizzed were mulling a move abroad.Pollution, …

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