without Archive

  • WASHINGTON — The political rhetoric is looking more like reality.Automakers and suppliers are starting to envision a world without the North American Free Trade Agreement amid growing signs the Trump administration is determined to gut the 23-year-old deal, which has integrated the U.S., Canadian and Mexican economies, and made the regional auto industry globally competitive.Going into the fourth round of negotiations last week, U.S. negotiators adopted hard-line positions that are anathema to their trading partners and the auto industry. Chief among them: a call for stricter rules governing the amount of regional content required for products to cross borders duty-free and the way tariffs are calculated for components coming from outside the region. The tough stance rapidly heightened concern in the auto industry and the broader business community that talks to renegotiate NAFTA could fall apart, allowing President Donald Trump to begin unwinding the accord. Given the pitched negot..

    Industry resigned to life without NAFTA

    WASHINGTON — The political rhetoric is looking more like reality.Automakers and suppliers are starting to envision a world without the North American Free Trade Agreement amid growing signs the Trump administration is determined to gut the 23-year-old deal, which has integrated the U.S., Canadian and Mexican economies, and made the regional auto industry globally competitive.Going into the fourth round of negotiations last week, U.S. negotiators adopted hard-line positions that are anathema to their trading partners and the auto industry. Chief among them: a call for stricter rules governing the amount of regional content required for products to cross borders duty-free and the way tariffs are calculated for components coming from outside the region. The tough stance rapidly heightened concern in the auto industry and the broader business community that talks to renegotiate NAFTA could fall apart, allowing President Donald Trump to begin unwinding the accord. Given the pitched negot..
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  • The rumor mill has churned out talks regarding a Williams' 2018 driver team switch up, none of which seem to include veteran Felipe Massa staying put. It has been reported that young gun Paul Di Resta and former Renault driver Robert Kubica are battling it out for a spot alongside Lance Stroll, all while leaving out the 36-year old Massa in next year's plans. Previously, this didn't seem to be an issue within the organization as the Brazilian driver had taken a relaxed stance on his position, but now, it appears as if he may want to stick around a while longer.Massa, who had previously retired in 2016 before coming back to replace Valtteri Bottas at Williams, believes his experience can be a major benefit to the British outfit. He's quoted in a recent interview saying, "I think it’s frustrating that the team is trying to go for a direction that can really be much worse for the team than keeping the same (drivers),” according to Autoweek. This all seems to contradic..

    Felipe Massa Thinks Williams F1 Would Be Worse Off Without Him

    The rumor mill has churned out talks regarding a Williams' 2018 driver team switch up, none of which seem to include veteran Felipe Massa staying put. It has been reported that young gun Paul Di Resta and former Renault driver Robert Kubica are battling it out for a spot alongside Lance Stroll, all while leaving out the 36-year old Massa in next year's plans. Previously, this didn't seem to be an issue within the organization as the Brazilian driver had taken a relaxed stance on his position, but now, it appears as if he may want to stick around a while longer.Massa, who had previously retired in 2016 before coming back to replace Valtteri Bottas at Williams, believes his experience can be a major benefit to the British outfit. He's quoted in a recent interview saying, "I think it’s frustrating that the team is trying to go for a direction that can really be much worse for the team than keeping the same (drivers),” according to Autoweek. This all seems to contradic..
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  • California will allow self-driving cars with no human drivers onboard to test on public roads beginning next year. The California Department of Motor Vehicles also won't require autonomous test cars to have backup manual controls.The revised rules are subject to a 15-day public comment period, and then will be submitted to the state government, which will draft plans to enforce them, according to The Verge. The rule changes mark a major shift for what has become the center of of autonomous-car testing in the United States.California was among the first states to explicitly legalize the testing of prototype self-driving cars on public roads.There are currently 42 companies testing 285 autonomous cars on California roads, according to the DMV. Those companies have licensed nearly 1,000 safety drivers, who may become redundant under the new rules.While California has been open to autonomous-car testing, regulators have been hesitant to allow cars onto public roads without human su..

    California Will Let Companies Test Self-Driving Cars—Without Human Drivers

    California will allow self-driving cars with no human drivers onboard to test on public roads beginning next year. The California Department of Motor Vehicles also won't require autonomous test cars to have backup manual controls.The revised rules are subject to a 15-day public comment period, and then will be submitted to the state government, which will draft plans to enforce them, according to The Verge. The rule changes mark a major shift for what has become the center of of autonomous-car testing in the United States.California was among the first states to explicitly legalize the testing of prototype self-driving cars on public roads.There are currently 42 companies testing 285 autonomous cars on California roads, according to the DMV. Those companies have licensed nearly 1,000 safety drivers, who may become redundant under the new rules.While California has been open to autonomous-car testing, regulators have been hesitant to allow cars onto public roads without human su..
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  • Related Stories Mexico expects rough round of NAFTA talks » First Shift: Can U.S. avert a NAFTA deal-breaker? WASHINGTON -- U.S. President Donald Trump said on Wednesday he would be open to doing a bilateral trade deal with Canada but not Mexico if talks between the three countries over the North American Free Trade Agreement fall apart. Asked by a reporter if he would make a trade pact with Canada if he cannot reach agreement with Mexico in the NAFTA negotiations, Trump said: "Oh sure, absolutely. It's possible we won't be able to reach a deal with one or the other, but in the meantime we'll make a deal with one." Trump was speaking in the Oval Office beside Canadian Prime Minister Justin Trudeau, who is trying to convince the U.S. president of NAFTA's merits as a new round of renegotiations began on Wednesday near Washington. The U.S. Chamber of Commerce on Tuesday accused Trump's a..

    Trump could envision U.S. trade deal with Canada without Mexico

    Related Stories Mexico expects rough round of NAFTA talks » First Shift: Can U.S. avert a NAFTA deal-breaker? WASHINGTON -- U.S. President Donald Trump said on Wednesday he would be open to doing a bilateral trade deal with Canada but not Mexico if talks between the three countries over the North American Free Trade Agreement fall apart. Asked by a reporter if he would make a trade pact with Canada if he cannot reach agreement with Mexico in the NAFTA negotiations, Trump said: "Oh sure, absolutely. It's possible we won't be able to reach a deal with one or the other, but in the meantime we'll make a deal with one." Trump was speaking in the Oval Office beside Canadian Prime Minister Justin Trudeau, who is trying to convince the U.S. president of NAFTA's merits as a new round of renegotiations began on Wednesday near Washington. The U.S. Chamber of Commerce on Tuesday accused Trump's a..
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  • Spanish central government hits back Reuters sources report that a decree is coming that would allow Spanish banks to move their legal bases without holding shareholder meetings.

    Madrid to pass decree-law Friday that would let bank move without shareholder meeting

    Spanish central government hits back Reuters sources report that a decree is coming that would allow Spanish banks to move their legal bases without holding shareholder meetings.
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  • Wales must turn the tide of history and overcome Gareth Bale's absence if they are to keep their World Cup dream alive.Bale will miss Wales' final two 2018 World Cup qualifiers against Georgia and the Republic of Ireland following dialogue with his club Real Madrid and a scan on an injured calf, which revealed he is not fit to feature. Wales fear the calf strain could sideline Bale for the next month, possibly even jeopardising his participation if they were to reach the November play-offs.But the immediate concerns are short-term with Friday's trip to Tbilisi and the home game against the Republic three days later set to determine their position in Group D. Wales need to win both games to have a realistic shot of reaching the play-offs, but their record without Bale makes dismal reading and offers the Republic hope that they can overtake them in the race for second spot. They have not won once in the last 10 games that the 28-year-old talisman has missed, while the..

    Wales must beat Georgia and the Republic of Ireland without Gareth Bale

    Wales must turn the tide of history and overcome Gareth Bale's absence if they are to keep their World Cup dream alive.Bale will miss Wales' final two 2018 World Cup qualifiers against Georgia and the Republic of Ireland following dialogue with his club Real Madrid and a scan on an injured calf, which revealed he is not fit to feature. Wales fear the calf strain could sideline Bale for the next month, possibly even jeopardising his participation if they were to reach the November play-offs.But the immediate concerns are short-term with Friday's trip to Tbilisi and the home game against the Republic three days later set to determine their position in Group D. Wales need to win both games to have a realistic shot of reaching the play-offs, but their record without Bale makes dismal reading and offers the Republic hope that they can overtake them in the race for second spot. They have not won once in the last 10 games that the 28-year-old talisman has missed, while the..
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  • In an environmentalist effort to cut down on emissions and show what a world without cars would be like, Paris just celebrated its third-ever Day Without Cars. It’s exactly what it sounds like: a day where cars aren’t allowed (with exceptions) in the 40-square-mile area of France’s capital city. The event, held on Oct. 1, comes in the wake of several countries and major cities considering banning internal combustion engines altogether, France being one of them.Exceptions include taxis, buses, emergency vehicles, people visiting an elderly or handicapped person or in the case of a personal emergency. Anybody caught doing any unauthorized driving was fined €90 to €135 euros, which translates to about $105 to $159 in U.S. dollars.The event was organized by the socialist mayor of Paris, Anne Hidalgo. Hidalgo has made pollution reduction a key part of her administration by building new bus and cycle lanes and obviously discouraging using cars unless absolutely necessary.The Day Without ..

    Paris Just Celebrated a ‘Day Without Cars’

    In an environmentalist effort to cut down on emissions and show what a world without cars would be like, Paris just celebrated its third-ever Day Without Cars. It’s exactly what it sounds like: a day where cars aren’t allowed (with exceptions) in the 40-square-mile area of France’s capital city. The event, held on Oct. 1, comes in the wake of several countries and major cities considering banning internal combustion engines altogether, France being one of them.Exceptions include taxis, buses, emergency vehicles, people visiting an elderly or handicapped person or in the case of a personal emergency. Anybody caught doing any unauthorized driving was fined €90 to €135 euros, which translates to about $105 to $159 in U.S. dollars.The event was organized by the socialist mayor of Paris, Anne Hidalgo. Hidalgo has made pollution reduction a key part of her administration by building new bus and cycle lanes and obviously discouraging using cars unless absolutely necessary.The Day Without ..
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  • Toshiba is moving forward with plans to build a new memory chip plant without partner Western Digital, another escalation of the fight over the future of their joint venture.The electronics maker will spend JPY 195 billion ($1.8 billion or roughly Rs. 11,275 crores) on construction of Fab 6 of its Yokkaichi semiconductor facility in western Japan, the Tokyo-based company said in a statement Thursday. Toshiba, which owns the land, buildings and the production know-how at the factory, has split investments in production equipment with SanDisk since the joint supply venture started in 2004. Western Digital acquired SanDisk last year.Toshiba and Western Digital are locked in a legal fight over Toshiba's plan to sell its share of the business to make up for multibillion-dollar losses in its nuclear power operations. Western Digital argues that it has a say in the sale, as well as right of first refusal. Further legal wrangling could delay the sale to a group of preferred bidders, put..

    Toshiba to Build Chip Plant Without Partner Western Digital

    Toshiba is moving forward with plans to build a new memory chip plant without partner Western Digital, another escalation of the fight over the future of their joint venture.The electronics maker will spend JPY 195 billion ($1.8 billion or roughly Rs. 11,275 crores) on construction of Fab 6 of its Yokkaichi semiconductor facility in western Japan, the Tokyo-based company said in a statement Thursday. Toshiba, which owns the land, buildings and the production know-how at the factory, has split investments in production equipment with SanDisk since the joint supply venture started in 2004. Western Digital acquired SanDisk last year.Toshiba and Western Digital are locked in a legal fight over Toshiba's plan to sell its share of the business to make up for multibillion-dollar losses in its nuclear power operations. Western Digital argues that it has a say in the sale, as well as right of first refusal. Further legal wrangling could delay the sale to a group of preferred bidders, put..
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