Markets
Hyundai Veloster N showcased with new eight-speed DCT
Thus far, Hyundai's go-faster N models have only been available with an honest-to-goodness six-speed manual gearbox, but for the 2020 model year the company is throwing in some technology in the mix. Engineers updated the software for rev-matching, launch control, and overboost periods to suit the pairing with the 2.0-liter four-cylinder, and programmed three modes to maximize shifting perform... [Full Article...]
Wall Street falls as USA crude collapse compounds pandemic woes
The Dow Jones Industrial Average fell 606 points, or 2.6%, to 23,047, and the Nasdaq was down 3.2% The losses were widespread, and all 11 sectors that make up the S&P 500 were down. Weathering the broad market sell-off, Amazon rose 0.8 per cent and Netflix jumped 3.4 per cent. Global stock markets fell in a broad-based decline as crude oil prices sank to their lowest level in more than... [Full Article...]
Sensex spikes over 400 points in early trade; HDFC Bank jumps 4 %
Infosys closed down 3.1 per cent after the country's No. 2 software exporter suspended its revenue guidance for full-year 2021 as the pandemic froze client activity in the United States and Europe. The other major gainers were Bharat Petroleum Corporation, Indian Oil Corporation and metal major Vedanta. Major Asian markets have closed on a negative note. [Full Article...]
Wall Street falls as United States crude collapse compounds pandemic woes
President Donald Trump said on Tuesday morning that the federal government would support the oil industry in the US, which is the world's top oil producer. Late Monday, President Donald Trump said he would sign an executive order to temporarily suspend immigration to the United States to protect jobs "in light of the attack from the Invisible Enemy". [Full Article...]
Audi A3 Sedan Revealed, India Bound
There's not much to comment when it comes to the styling, as the only change compared to the A3 Sportback is the sedan-style rear end - even the taillights are identical. Available only when paired with Audi's S tronic 7-speed dual-clutch transmission, it can recover about 16hp during deceleration, supports the engine with up to 50Nm of torque when driving off and can coast with its engine off for... [Full Article...]
Oil exploration stocks dive sharply on sub-zero oil price
West Texas Intermediate crude oil for May delivery fell to negative $37.63 per barrel on Monday, with other contracts trading to just above $20 a barrel. Trump adviser Stephen Moore said in an op-ed that many small- and medium-sized oil producers across the country are shutting down amid the unprecedented situation, calling for slashing taxes paid by onshore drillers as well as some royaltie... [Full Article...]
Oil prices close below zero in unprecedented collapse
Stocks were also slipping on Wall Street in afternoon trading, with the S&P 500 down 0.9 per cent, but the market's most dramatic action was by far in oil, where benchmark U.S. The Hang Seng index in Hong Kong lost 0.2 per cent, and South Korea's Kospi fell 0.8 per cent. Britain's FTSE 100 rejected 1.5% to 5,724.68. It started the year near 1.90 per cent. [Full Article...]
How to make IKEA's famous Swedish meatballs at home
And luckily, the ingredients are all items that can be found at most grocery stores, if not already in your fridge and cupboard. IKEA released a six-step recipe on Twitter , which is created to look exactly like the instructions that they use when helping people assemble their furniture. [Full Article...]