DIRS.INFO The most relevant business & tech news

☆ Rakuten Bank’s Explosive Market Debut Is Justified
▼ + stars: | 2023-04-21 | by ( Jacky Wong | ) www.wsj.com time to read: 1 min

Rakuten Bank’s listing ceremony at the Tokyo Stock Exchange on Friday. Photo: Kiyoshi Ota/Bloomberg NewsWhat banking crisis? For the initial public offering of Japan’s largest internet bank, shares are flying out of the door. Shares of Rakuten Bank , controlled by one of Japan’s largest e-commerce companies, jumped 38% on their first day of trading Friday after the bank raised $627 billion from its IPO, the biggest public offering in the country since 2018.

REUTERS/Rebecca Cook/File PhotoMarch 6 (Reuters) - American carmakers will lean on technology to keep the horsepower wars going among their electric muscle cars, a tectonic shift from the big, rumbling motors of the past. GM and Dodge have both issued timelines to stop selling gas-powered muscle cars and replace them with electric variants that will wear the same badges. Dodge's Charger and Challenger muscle cars will not be made next year, while Chevrolet has laid out plans for an electric Corvette. Brands such as Polestar and Mercedes-Benz (MBGn.DE) have announced optional power upgrades to their sedans that improve acceleration and total horsepower via paid OTA (over-the-air) software updates. Dodge has said it will transition its muscle cars to an electric platform, and is working to differentiate those models.

☆ Tesla recalls 362,000 U.S. vehicles over Full Self-Driving software
▼ + stars: | 2023-02-16 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Companies Tesla Inc FollowWASHINGTON, Feb 16 (Reuters) - Tesla Inc (TSLA.O) is recalling 362,000 U.S. vehicles because its Full Self-Driving (FSD) Beta software may cause a crash, the National Highway Traffic Safety Administration (NHTSA) said on Thursday. The auto safety regulator said the Tesla software allows a vehicle to "exceed speed limits or travel through intersections in an unlawful or unpredictable manner increases the risk of a crash." Tesla will release an over-the-air (OTA) software update, free of charge. NHTSA said "the system may respond insufficiently to changes in posted speed limits or not adequately account for the driver's adjustment of the vehicle's speed to exceed posted speed limits." Tesla and NHTSA say FSD's advanced driving features do not make the cars autonomous and require drivers to pay attention.

☆ Wall Street luminaries say it's time to get out of the stock market before the Fed crushes the economy
▼ + stars: | 2023-02-15 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Tuesday's CPI data showed inflation climbed 0.5% in January, slightly higher than expected, and year-over-year it slowed to 6.4%. Prices, it seems, aren't cooling down as smoothly or quickly as anyone wants, especially the Fed. To Kolanovic, a recession is all but guaranteed if the Fed is serious about its 2% inflation target. And like Kolanovic, Morgan Stanley Wealth Management investment chief Lisa Shalett warned that Fed policy is going to pull stocks lower. US stock futures fall early Wednesday, as investors pick over yesterday's CPI inflation report to assess what it means for the Fed.

☆ Akio Toyoda steps down: Toyota names Koji Sato new CEO
▼ + stars: | 2023-01-26 | by ( Michelle Toh | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —Toyota’s longtime president and CEO Akio Toyoda is stepping down and handing over the reins of the world’s largest automaker to Lexus chief Koji Sato. The Japanese company announced the shakeup Thursday, saying that Toyoda would be appointed chairman of the board as Sato takes over daily management. Takeshi Uchiyamada, Toyota’s current chairman, will resign from his post but remain on the board, the company said. “I believe that over the past 13 years, I have built a solid foundation for passing the baton forward.”Akio Toyoda, president of Toyota, speaking at the company's showroom in Tokyo on Dec. 14, 2021. Sato will take over as CEO of Toyota in April.

☆ 12 things your Airbnb hosts wish they could tell you
▼ + stars: | 2023-01-26 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +9 min

But dealing with an Airbnb host, as opposed to a hotel concierge, can be tricky. We spoke to Airbnb hosts across the US — here are 12 things they wish they could tell all guests. Insider spoke to multiple Airbnb hosts and asked them what they wished they could tell their guests. First things first: Don't use Airbnb or similar services, like VRBO, if you don't have toMultiple Airbnb hosts told Insider they'd actually prefer leaving Airbnb out of the process altogether. Some hosts simply shouldn't be hosts — don't let that put you off Airbnb"The main reason people should get into this business is to provide exceptional service to guests.

☆ Housing is on the verge of a correction and Americans are feeling less and less upbeat about the economy
▼ + stars: | 2022-10-26 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

And no wonder — the economy is giving Americans less and less reason for optimism. The US housing market isn't just slowing down, it's in the early stages of a major correction. According to the latest consumer confidence report, Americans are feeling downbeat across the board. In Franco's words: "The Expectations Index is still lingering below a reading of 80 — a level associated with recession — suggesting recession risks appear to be rising." Here are the latest market moves.

☆ Japan's best castles to visit at least once
▼ + stars: | 2022-01-20 | by ( David Mcelhenney | ) edition.cnn.com time to read: +13 min

CNN —During Japan’s Sengoku “Warring States” era (1467-1615), castles were constructed, bolstered and fortified all across the Japanese archipelago, resulting in approximately 5,000 individual keeps. Here are some of Japan’s best castles that you can still visit. Edo CastleEdo Castle, bearing the former name of Tokyo, has one of the longest lineages of all Japan’s castles. Edo Castle was huge in its prime, surrounded by a 15-kilometer outer moat crossed by over 30 gates and bridges. Bicchu Matsuyama CastleThe 13th-century Bicchu Matsuyama Castle, perched above quiet Takahashi City in Okayama prefecture, is thought to be Japan’s original yamajiro (mountain castle).

☆ The world's fastest trains -- from China to France
▼ + stars: | 2021-12-10 | by ( Ben Jones | ) edition.cnn.com time to read: +16 min

Chogo/Xinhua/Getty ImagesAs well as boasting the longest network of high-speed lines in the world, China now has the fastest scheduled trains on the planet. A statement of intent by China’s booming railway technology industry, the Fuxing trains have been developed from previous generations of high-speed trains, which were based on technology imported from Europe and Japan. The design also forms the basis of the Siemens “Velaro” family of high-speed trains, which has been sold to Spain, Russia, Turkey, China and to Eurostar for its second generation international trains. Europe’s first dedicated high-speed network is still its best known and most successful, reaching out well beyond France’s borders. Frecciarossa services operate across Italy’s T-shaped high-speed network, linking Turin, Milan and Venice in the north with Bologna, Florence, Rome and Naples.

Persons: Germany's, Philipp von Ditfurth, Thomas Coex, Europe’s, Kiyoshi Ota, Al Boraq, Morocco's Al Boraq, ‘ Al, Boraq, Oriol, Iryo, Frecciarossa, Ed Jones, Alessandro Rota, sandstorms don’t, HHR Organizations: CNN, Japan’s, Vitesse, Getty, Germany's Inter, City Express, Express, Siemens, Eurostar, Bloomberg, JR, Japan Railways, Tohoku, TGV Euroduplex, Alstom, Flickr, Images Spain, Alta Velocidad, Ouigo Espana, Italian State Railways, Alitalia, Arrows, Spanish National Railways, Railway, Haramain, Speed Railway Locations: Scandinavia, Europe, Asia, France, China, Spain, Germany, Italy, Belgium, England, Africa, Morocco, Egypt, South Korea, Saudi Arabia, Taiwan, India, Thailand, Russia, United States, Shanghai, Shanghai’s Pudong, Hangzhou, Chogo, Xinhua, Japan, Beijing, Hong Kong, Harbin, Cologne, Frankfurt, Paris, Amsterdam, Brussels, Turkey, AFP, Lyon, Marseille, Bordeaux, Nantes, Strasbourg, Lille, London, Switzerland, Tokyo, Shin, Aomori, Hokkaido, Honshu, Tsugaru Strait, Tangier, Casablanca, Kenitra, Rabat, Oriol Paris, Madrid, Seville, Malaga, Valencia, Galicia, Barcelona, Alta Velocidad Espana, Korea, South, Seoul, Busan, Gwangju, Mokpo, Pyeongchang, Turin, Milan, Venice, Bologna, Florence, Rome, Naples, Saudi, Bandar Aldandani, Mecca, Medina

The Chase Sapphire Preferred® Card and Chase Sapphire Reserve® earn bonus Chase Ultimate Rewards® points in a bunch of great categories for everyday spending. These categories include 3x Chase Ultimate Rewards points on select streaming services and grocery delivery services with the Chase Sapphire Preferred® Card, and 10x points on hotel stays and car rentals purchased through Ultimate Rewards with the Chase Sapphire Reserve®. Here's a look at the Chase Sapphire Preferred and Chase Sapphire Reserve bonus categories and what purchases will (and won't) trigger bonus points. Compare Chase Sapphire Cards Chase Sapphire Reserve®Chase Sapphire Preferred® Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. When you use your Chase Sapphire Reserve® for prepaid Chase Dining purchases through Ultimate Rewards, you'll earn 10 points per dollar.

☆ Mazda расписала по годам новую стратегию «озеленения»
▼ + stars: | 2021-06-18 | by ( Mld Media Srl | ) noi.md time to read: +2 min

Drive, Леонид Попов,Первым массовым электрокаром марки стал глобальный кроссовер Mazda MX-30, представленный в прошлом году. Компания Mazda обнародовала план «озеленения» модельного ряда. Все эти меры, как надеются в компании, позволят ей добиться углеродной нейтральности к 2050 году. Первая ступень, Mazda Co-Pilot 1.0, будет представлена на крупной линейке продуктов в 2022 году. Подключённые машины, в частности, позволят внедрить принципы «мобильность как услуга» (MaaS) и «обновление ПО по воздуху» (OTA), за что будет отвечать электронная архитектура нового поколения.

Persons: Леонид Попов Locations: Китай

☆ Expect Japan's fiscal package to be spread over a few years: Economist
▼ + stars: | 2019-12-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect Japan's fiscal package to be spread over a few years: EconomistTomohiro Ota of Goldman Sachs Japan says fiscal projects in Japan are likely to be spread over three to five years, and their impact on economic growth will be diluted.

Search resuls for: "ota"

12 mentions found