Mon11202017

LAST_UPDATEMon, 20 Nov 2017 2am

US: Honda Recalls 800,000 Odyssey Minivans Because Of Seat Latches

Honda announced Saturday that it was recalling about 800,000 Odyssey minivans in the United States because of problems with locking adjustable seats into place.

Read more: US: Honda Recalls 800,000 Odyssey Minivans Because Of Seat Latches

Bubbly Bitcoin Not Worth The Wager: Investors

LONDON: Bitcoin may have surged a staggering 700 percent since the start of the year but most investors at a Reuters Summit this week said they had not been tempted to play the volatile cryptocurrency.

Read more: Bubbly Bitcoin Not Worth The Wager: Investors

Pets Or Planes? Investors Tout Lesser-Known Bets For 2018

NEW YORK: With U.S. stock prices near record highs and major economies worldwide on an upswing, top investment professionals are seeking out less familiar and less popular ways to invest.

Read more: Pets Or Planes? Investors Tout Lesser-Known Bets For 2018

Can Bitcoin Survive Central Banks’ Scrutiny?

KUALA LUMPUR:  With threats of serious financial crime looming with the emergence of new technologies, including cryptocurrencies, can bitcoin survive scrutiny from central banks globally?

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Keystone Pipeline Spill Pushes Oil Higher, Fuels TransCanada Opponents

Pic: ReutersCALGARY, ALBERTA/LINCOLN, NEB.: A major oil spill on the Keystone pipeline in South Dakota helped push U.S. crude prices higher on Friday, while fueling opposition to another pipeline project by owner TransCanada Corp that faces a crunch decision in Nebraska next week.

Read more: Keystone Pipeline Spill Pushes Oil Higher, Fuels TransCanada Opponents

Fork Talk Lifts Bitcoin To All-Time High Near $8,000

Pic: Reuters

LONDON - Bitcoin hit an all-time high just below $8,000 on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a tailspin at the end of last week was, after all, going ahead within hours.

Read more: Fork Talk Lifts Bitcoin To All-Time High Near $8,000

Oil Climbs, But Still Set For First Weekly Fall In Six

Pic: Reuters

LONDON: Oil prices climbed on Friday but were still heading for their first week of losses in six, weighed down by Russian hesitation for extending a global pact to cut output and curb oversupply.

Read more: Oil Climbs, But Still Set For First Weekly Fall In Six

TNB To Build A Hydropower Plant In Terengganu

Pic: NST

KUALA LUMPUR: Tenaga Nasional Bhd’s subsidiary TNB Energy Services Sdn Bhd (TNBES) has signed a shareholders’ agreement with Metrosphere Sdn Bhd to develop a 4MW mini hydropower plant in Sungai Tersat, Kuala Berang, and Terengganu.

Read more: TNB To Build A Hydropower Plant In Terengganu

New $200,000 Tesla Roadster Speeds In Front Of Electric Big-Rig Truck

Pic: Tesla (Tesla CEO Elon Musk unveils the Roadster 2 during a presentation in Hawthorne, California, U.S., November 16, 2017.)

HAWTHORNE, Calif. - Tesla Inc (TSLA.O) upstaged its own debut of an electric heavy duty truck on Thursday when a red Roadster pulled out of the big rig’s trailer and Chief Executive Elon Musk said the new $200,000 sports car would be the fastest production car ever.

Read more: New $200,000 Tesla Roadster Speeds In Front Of Electric Big-Rig Truck

Nissan Blames Staff Shortage For Improper Tests, Plans More Inspectors

Pic: ReutersYOKOHAMA: Nissan Motor Co Ltd on Friday blamed a staff shortage for improper final inspections at its car plants in Japan for over 20 years, and said it would increase the number of trained staff as part of a plan to improve compliance.

Read more: Nissan Blames Staff Shortage For Improper Tests, Plans More Inspectors