Features

LONDON (Reuters) – Insurers are counting on real-time technology to help them cut back payouts, from a system warning ships of nearby pirates to an app offering to buy sleepy drivers a coffee on the motorway. The lure of products promising to save on claims in a highly competitive market has led to a leap in […]

The European Commission will add funds and new powers for the EU cyber security agency and introduce a range of measures to limit threats from hackers, Commission President Jean-Claude Juncker announced in his annual state of the union speech on Wednesday (13 September). Cyber security attacks can be “more dangerous to the stability of democracies […]

MEXICO CITY (Reuters) – Amazon.com Inc is preparing to open a 1 million square-foot warehouse near Mexico City, sources familiar with the project said, part of an effort to boost its presence in Mexico’s nascent e-commerce industry. The new warehouse is slated to be built in the Tepotzotlan municipality about 25 miles (40 km) north […]

NEW YORK (Reuters) – Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co, said on Tuesday. Speaking at a bank investor conference in New York, Dimon said, “The currency isn’t going to work. You can’t have a business where people can invent a currency out of thin […]

(Reuters) – Equifax Inc faced a storm of criticism on Friday over a hack that may have compromised personal data for some 143 million Americans, with consumers clamoring for answers and cyber security experts questioning the response to the massive breach. Lawmakers and regulators joined the chorus, scrutinizing the company’s follow-up as it encouraged potential […]

ARNHEM, The Netherlands (Reuters) – The cost of electric vehicles (EVs) will fall to match those running on combustion engines by 2022, a key trigger that will mean by 2035 half of all passenger vehicles sold globally will be electric, according to the head of a top energy consultancy. But this expected exponential rise in […]

A draft bill to give e-commerce shoppers the same rights everywhere in the EU could face a drastic overhaul in negotiations with the European Parliament and national governments—and consumer advocates are worried. The proposal to regulate online shoppers’ rights is still trudging through three-way negotiations between the EU institutions. Diplomats from the member states will […]

In the spring of 2017, Openet, with European Communications, surveyed attitudes to customer experience in the telecoms industry which threw up some pretty interesting results, prime among them: Customer experience is a vitally important success factor in the competitive telecoms market. At a time when customers struggle to differentiate service providers on the basis of […]

LONDON (Reuters) – Britain must plough billions of pounds into new power plants, grid networks and electric vehicle charging points if it is to avoid local power shortages when a planned ban on new diesel and petrol cars begins. Supporting millions more battery-powered vehicles over the next two decades is technically feasible, and if drivers […]

Cars and the automobile industry have long been backbones of both the American economy and way of life. In the early 20th century, Henry Ford had the foresight to envision a process where cars could be mass produced on an assembly-line so that each and every American could own an automobile. In the post-war era, it was the […]
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