01232017Mon
Last update: Mon, 23 Jan 2017 05pm

Industries & Sectors

Business & Finance - Industries & Sectors

UK car sales hit annual high before bumpy 2017: data LONDON: Sales of new cars in Britain reached a record high last year, an industry survey showed Thursday, but 2017 was set to experience a growth slowdown on Brexit.Car sales hit a successive high in 2016, rising 2.3 percent to nearly 2.7 million units thanks to new models and low finance deals, the Society of Motor Manufacturers and Traders (SMMT) said in a statement. Sales of Ford led the way, with almost 12-percent market share, followed by Vauxhall and Volkswagen.Britain has Europe's second biggest number of car sales behind Germany. "Despite 2016's political and economic uncertainties, the UK's new car market delivered another record performance as car makers offered an incredible range of innovative and high tech models," SMMT chief executive Mike Hawes said in the statement.Hawes added that 2017 was set to be "more challenging as sterling depreciation raises the price of imported goods", but noted that buyers should ...

Business & Finance - Industries & Sectors

Qatar Airways confirms change to Airbus plane order DOHA: Qatar Airways has renegotiated an order with Airbus to take delivery only of larger A321 planes, not A320s as originally planned, the Gulf carrier's chief executive said on Thursday.The switch to the different aircraft comes after the airline refused to accept four A320neos last year over issues with their engines."We are going to take all A321s, there will be no more A320s," Baker told reporters at a press event in Doha.The original order with ...

Business & Finance - Industries & Sectors

BMW launches first augmented reality dealerships FRANKFURT AM MAIN: BMW customers will be able to view the luxury carmaker's hybrid and electric BMWi cars with augmented reality technology in a world first for car dealerships from Thursday, the manufacturer said.Using a smartphone, potential buyers can view and interact with a virtual car as if it were standing in front of them."In situations where the desired product isn't available on the spot, this visualisation is the next best thing," said BMW executive ...

Business & Finance - Industries & Sectors

Apple removes New York Times app from China store BEIJING: Apple has removed the New York Times from its China app store, the tech giant said, after authorities told the company the app breached regulations.The newspaper said both its English and Chinese-language apps were pulled late last month, blocking one of the few remaining channels for readers in China to access its reports. "For some time now the New York Times app has not been permitted to display content to most users in China, ...

Business & Finance - Industries & Sectors

Hyundai eyes autonomous cars for the masses LAS VEGAS: Hyundai's Ioniq draws little attention as it maneuvers the streets of Las Vegas.The mid-sized sedan is one of a number of autonomous carsroaming the city's streets during the high-tech Consumer Electronics.The South Korean automaker wants to stand out by being ordinary: making a self-driving car for the average consumer."The autonomous Ioniq concept is a normal car, not a science project," said Mike O'Brien, vice president of Hyundai North America, during a demonstration for ...

Business & Finance - Industries & Sectors

Huawei adds Amazon Alexa to flagship phone LAS VEGAS: Chinese tech giant Huawei is adding Amazon's artificial intelligence application Alexa to its flagship smartphone for its US launch.The number three global smartphone brand, Huawei announced at this week's Consumer Electronics Show that its Mate 9 handset would include the personal digital assistant developed by Amazon.The Mate 9, a large-screen "phablet" marketed as a rival to the big handsets from Apple and Samsung, will be available to US buyers in "early 2017," the ...

Business & Finance - Industries & Sectors

Volkswagen CEO to stay away from Detroit auto show BERLIN: Volkswagen chief executive Matthias Mueller will miss the Detroit auto show next week, the German carmaker said on Wednesday, amid uncertainty over its chances of settling a U.S. criminal investigation into its emissions scandal.Volkswagen (VW) reached an agreement before Christmas to compensate U.S. owners of about 80,000 polluting 3.0-litre diesel cars, pushing up the costs of its emissions test cheating in the world's No. 2 car market to $17.5 billion.But VW is still in ...