The old traditional taxis are soon to become electric. Chinese investor Geely has opened a new car plant in Britain to build them.
General Electric's long-term punt on the profitability of its power business is not paying off. The US giant will cut almost one fifth of its global workforce in the area as it tries to meet its own cost-cutting targets.
London's Oxford Circus and Bond Street stations have reopened after reports of gunfire prompted a brief closure. Police could find no evidence that shots had been fired. The police deployment prompted panic in the area.
Tesla CEO Elon Musk has opened a new chapter in his book of visions as he unveiled a prototype electric big-rig truck that aims to throw Tesla into a new market even as it struggles to roll out an affordable sedan.
Silicon Valley slowly erodes the taxi industry. Despite being a New York novelty, the livelihood of yellow cabs is threatened by ridesharing apps like Uber and Lyft, having a major impact on professional drivers.
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