DETROIT — Electric vehicle startup Canoo, which is going public through a reverse merger with a special-purpose acquisition company, revealed Thursday its second scheduled vehicle, a delivery van, and laid out plans to add a pickup truck and build microfactories. Read more…
BERLIN – German fintech N26, valued at $3.6 billion in its May fundraising, is targeting breaking even on an operating level by end-2021 and is eying at least one more financing round before going public in 2023 at the earliest, Read more…
Redbridge Council has become the latest local authority in London to suggest schools move to online teaching amid a rise in coronavirus cases. It comes after Greenwich and Islington Council backed down from a similar decision when the government threatened Read more…
Getting good quality sleep, exercising, and eating more raw fruits and vegetables predicts better mental health and well-being in young adults, a University of Otago study has found. The study, published in Frontiers in Psychology, surveyed more than 1100 young adults Read more…
The 30-year fixed-rate mortgage rate averaged 2.71% this week, holding at the all-time low first set last week, Freddie Mac reported. The ultra-low mortgage rates are making home buying more attractive and boosting sales activity to the highest level since Read more…
IYC has announced the sale of the 73-metre full-custom new build superyacht Project Visionary which will be constructed by the Admiral shipyard in Italy and delivered at the end of 2024. As the second new-build sale above 70 metres for IYC and Admiral this year (following the sale of Read more…
Administration on Friday granted an emergency use authorization for the coronavirus vaccine developed by Pfizer and BioNTech, marking a major milestone in the pandemic that has claimed close to 300,000 American lives. “It is nothing short of a medical miracle Read more…
Google CEO Sundar Pichai on Wednesday apologized for the tech giant’s handling of the departure of Timnit Gebru, a star artificial intelligence researcher who left the company last week. In an email to employees, Pichai said Google would investigate the circumstances around Gebru’s Read more…
Asda has expanded its partnership with Uber Eats to 100 stores in just four months, extending its rapid grocery delivery service to offer greater flexibility and access to a range of meal solutions and essentials to even more customers. Following Read more…
Italian shipyard Wider has partnered with Pajot Custom Yachts on the construction of its eco catamaran sailing yacht concept Catamaran 110. It comes after the 33.6 metre multihull sailing yacht was unveiled in June 2020. The concept is designed to incorporate all Read more…