GM announced Wednesday that it was closing down the Hummer brand after it failed to complete its sale to a Chinese firm. Although they promised to honour existing warranties for the ones still on the road, this will mark the end of the famous and infamous brand.
Hummers became very popular in the 90’s and up [...]
That’s right, the headline is correct. One of the next big industries to watch for in the next few years is rare earth elements, also known by their acronym, REE’s. These are elements that are not actually rare as their name suggests, but they are not generally found in concentrated deposits like other mined elements. This [...]
The IAEA said on Thursday that Iran may very well be developing a nuclear warhead to be fitted on to a missile. Although this is not necessarily considered to be “news” for most advanced countries in the world, but for the IAEA (the UN’s nuclear watchdog) to make this clear statement it means that countries that [...]
According to statistics released Monday in China by the government run news agency Xinhua, the United States is officially no longer the largest auto market in the world. Last year, China took that spot by purchasing 3.21 million more vehicles than the US. The recession played a big part in this as it hurt the [...]
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