Volvo Car USA has recently issued a recall affecting nearly 300 vehicles from the 2020 model year, specifically targeting those produced for the US market. The issue stems from a misalignment during the supplier’s assembly process, which could potentially lead to a loose brake pedal pushrod screw joint. This defect poses a significant safety risk, as it could increase the distance between the brake and gas pedals and compromise the stability of the brake pedal itself. The affected vehicles, which include hybrid electric models, were manufactured between June 2nd and November 11th, 2019. Volvo Car USA Recalls 2020 Models Over…
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Image source: Getty Images The AstraZeneca (LSE: AZN) share price is in freefall at the moment. Yesterday (5 November), it fell 8.4%. Since late August, it has plummeted nearly 25%. So, what’s going on here? And has the share price created a good buying opportunity for long-term investors to consider? Share price crash Let’s start with yesterday’s fall. It seems this was primarily caused by a report that a number of senior executives at the pharma company’s China unit could be implicated in a major insurance fraud case. Last week, AstraZeneca said that its China president Leon Wang was being…
The Mercedes-Benz 600 Pullman, a symbol of opulence in the 1970s, has undergone a remarkable transformation. This iconic limousine, once owned by celebrities and dictators alike, has been meticulously restored by Mercedes-Benz Classic over seven years, at a cost of $3.2 million. While the exterior retains its classic charm, the interior has been modernized to rival contemporary luxury standards, offering a look into the future of automotive luxury. Originally produced in 1975, this particular 600 Pullman was delivered to Lebanon and later acquired by Mercedes-Benz Classic in 2007. The restoration process involved a painstaking effort to preserve the car’s heritage…
By Shashwat Chauhan (Reuters) -European shares jumped nearly 2% on Wednesday, tracking a rise in U.S. stock futures, as Donald Trump claimed victory in the presidential election and Republicans took control of at least one chamber of Congress. Fox News projected that he had defeated Democrat Kamala Harris, although other news outlets are yet to call the race. The pan-European added 1.7%, on track for its biggest single-day advance so far this year. Futures tracking the jumped more than 2%. Trump has already won the swing states of North Carolina, Georgia and Pennsylvania and holds leads in several others, according…
The 1969 Ford Cobra in the junkyard is a rare classic car that is in terrible condition. It was found by the folks at YouTube’s “Iron City Garage” sitting in a forested area of the junkyard. The car is nearly cracked in half, the interior is loaded with junk, and the frame is likely too far gone. Yet our host decided to pull it out of the woods. Why would anyone rescue a car in such terrible condition and with only a few salvageable components? Well, it has something to do with the fact that it’s a rare classic. This…
When we invest, we’re generally looking for stocks that outperform the market average. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, long term SFC Energy AG (ETR:F3C) shareholders have enjoyed a 58% share price rise over the last half decade, well in excess of the market decline of around 3.4% (not including dividends). So let’s investigate and see if the longer term performance of the company has been in line with the underlying business’ progress. View our latest analysis for SFC Energy While the efficient markets hypothesis continues to be…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The 2024 US presidential election race is still too close to call, but it’s not looking great for Kamala Harris and the Democrats. I just wrote about the $988 billion in commitments from private companies that are associated with bills signed into law by Joe Biden — the American Rescue Plan, Bipartisan Infrastructure Law, CHIPS and Science Act, and the Inflation Reduction Act. There are also enormous public investments coming from these policies and programs. Naturally, if Harris wins the election, all of these…
HONG KONG/SHANGHAI (Reuters) – China’s yuan (CNHUSD) and stock markets fell sharply on Wednesday as the prospect of another Donald Trump presidency and Republican control of US Congress risked heightened tensions over trade and technology. By the time Chinese markets closed, Trump had claimed victory over Democrat Kamala Harris in the tight U.S. presidential race. US stock futures jumped and the dollar (DX-Y.NYB) rose across the board after Republicans won a clear U.S. Senate majority although it won’t be clear for some time which party will win control of the House of Representatives. China’s blue-chip CSI 300 (000300.SS) Index fell…
Daniel Kahneman earned the Nobel prize in economics for his research on prospect theory. His scholarship helped demonstrate how behavioral finance — and by extension, sentiment analysis — can improve our understanding of market behavior. Sentiment analysis applies algorithms to news articles, social media, and other data sources to gauge how people feel about the market, while behavioral economics identifies the cognitive biases that affect decision making. Sentiment analysis can help illuminate how these biases manifest in the financial markets. Of course, what people do is often more revealing than what they say, so sentiment analysis doesn’t always capture the…
The story behind a custom motorcycle can often be as fascinating as the machine itself. Such is the case with this stunning Yamaha XV750 Virago, transformed by Rhode Island’s Cafe Cycles. Founded in 2008 by Peter Chase, a seasoned engineer with a passion for motorcycles and a knack for metalwork, Cafe Cycles has quickly established itself as a force in the custom motorcycle scene. This particular project, commissioned by a sailing enthusiast, took an unexpected turn due to the global pandemic, adding an extra layer of intrigue to the build. With the client stranded at sea and the world in…