Sorted by date Results 26 - 30 of 30
FRANKFURT, Germany (AP) — Automaker Volkswagen has suspended a top executive in response to widespread public criticism over experiments in which monkeys were exposed to diesel exhaust. The company said in a statement Tuesday that Thomas Steg, head of government relations and sustainability, was stepping away from his duties at his own request. The statement said the company was "drawing the first consequences" as it investigates the activities of EUGT, the entity backed by Volkswagen and other carmakers that commissioned the monkey e...
FRANKFURT, Germany (AP) — Airbus, Siemens and Rolls-Royce are teaming up to develop a hybrid passenger plane that would use a single electric turbofan along with three conventional jet engines running on aviation fuel. The plane is an effort to develop and demonstrate technology that in the future could help limit emissions of carbon dioxide from aviation and reduce reliance on fossil fuels. The three companies said Tuesday they aim to build a flying version of the E-Fan X technology demonstrator plane by 2020. The aircraft would be based on th...
FRANKFURT, Germany (AP) — Carmakers at the Frankfurt auto show are unveiling the low-emissions vehicles and technology strategies they hope will let them profit from the sweeping changes expected to hit the auto industry in the next few years. Daimler AG's Mercedes-Benz on Tuesday unveiled a compact electric vehicle under its EQ sub-brand that showcases its efforts to make connected, electric, shared and autonomous vehicles. The EQA has two electric motors that can give it different driving characteristics depending on which mode the driver c...
FRANKFURT, Germany (AP) — Donald Trump's surprise election victory has helped solidify expectations for an interest rate increase next month by the U.S. Federal Reserve — but may have complicated a decision for the European Central Bank, which faces a difficult choice over more stimulus. For the ECB, the issue is what to do about its bond-buying program, which pumps new money into Europe's struggling economy each month to try to accelerate growth and inflation. The Fed and the ECB — two of the world's most important central banks — will be...
American seed and weed-killer company Monsanto and German medicine and farm chemical maker Bayer are combining in a deal that could help farmers produce higher yields to address challenges from global warming to rising food demand from a fast-growing global population. Consumers could benefit from more-affordable and healthier food options as well as the companies' using their expertise to help farmers limit their chemical use and environmental impact, company executives said Wednesday after the all-cash deal was announced. It comes amid...
