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Later last year, Tesla received a cease-and-desist letter from The U.S. National Highway Traffic Safety Administration (NHTSA) for not complying with the agency’s guidelines in its Model 3 safety assertions and subpoenaed the carmaker for information on several crashes. Bloomberg reported on Tuesday that the auto safety agency&
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BERLIN (Reuters) - Daimler said on Tuesday Mercedes-Benz customers in Germany could apply for a 3,000 euro ($3,350) subsidy to upgrade the exhaust filters of older, polluting diesel vehicles, the latest effort among German carmakers to avoid inner-city bans. Carmakers have been forced to consider upgrading exhaust treatment
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NEW DELHI (Reuters) - China has told India not to block its Huawei Technologies from doing business in the country, warning there could be consequences for Indian firms operating in China, sources with knowledge of the matter said. India is due to hold trials for installing a next-generation 5G cellular
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(Reuters) - Snap Inc on Tuesday said it will raise $1 billion in short-term debt and plans to invest in more media content, augmented reality features and may also buy other companies. The parent company of the popular disappearing messaging app Snapchat has revived its user growth and stock price
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By AFP More by this Author Toni Morrison, the first African American woman to win the Nobel Prize for Literature, has died following a brief illness, her family said in a statement Tuesday. She was 88. "It is with profound sadness we share that, following a short illness, our
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The Kenya Revenue Authority (KRA) has announced a new tax collection record of Ksh.1.58 trillion for the period closing June 30, 2019. Despite the fact that there is a notable gain in revenue yields this year, the collection which is Ksh.0.14 trillion more than the preceding
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Via Business Daily Growth and expansion are expected for any business after a few years of operating. The growth stage is characterised by expansion and increased market share. Expansion should, however, be done strategically to avoid hiccups. Rapid expansion may expose the business to other risks, for example liquidation risk.
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About 80 per cent of all social protection expenditure goes to the elderly in Kenya, who represent a paltry four per cent of the country’s population, locking out a huge chunk of the needy from the safety net, a World Bank survey has revealed. Nearly seven million needy children
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American retail giant Walmart has no plans to stop selling guns and ammunition to US citizens despite two deadly shootings at its stores in less than a week. On Saturday, a man opened fire with an assault rifle at a Walmart in Texas and killed 20 people and wounded many
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The Kenya Electricity Generating Company (KenGen) PLC announces that it has successfully added 79 megawatts (MW) of power to the national grid following the completion of Unit 1 of Olkaria V Geothermal Power Plant. The Unit was first synchronized to the grid on the 28th of June 2019 and thereafter
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Jambojet is set to increase its flight frequencies to the coastal towns of Mombasa, Diani, Ukunda and Malimdi as from next month. Jambojet was recently awarded the coveted IATA Operational Safety Audit registration. It will operate 48 flights per week to Mombasa up from the current 40. However, Ukunda and
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Vivo Energy Kenya, the company that markets and distributes Shell-branded fuels and lubricants has sealed a mutual interest partnership with leading Pan-African e-commerce platform, Jumia. The Deal, signed yesterday, will see Vivo Energy's service stations used as pickup and drop-off points for customers, allowing them to collect or