Ford Hybrid – economic driving with design

The Ford Mondeo Vignale is really surprising with the economic driving. This hybrid car is energy efficient with the 89 g/km  CO2-emissions and making the best of the electric and petrol combination. According to the company calculations, the combined consumption is 3,9 l/ 100 km.

It is also designed to last longer – the Ford Vignale Collection is perfect for the weekend travelling. Ford has designed for example Italian-style fashion collection with mobile phone holder and weekendbag. They represent the finest leather quality, as the car´s interior design.

With this car, the car is charging itself during the driving, so there is actually no need for plug-ins at all and the size of the petrol tank is 53 litres.

The hybrid Mondeo has several technologies that increase the safe driving but also they help with communications using Apple CarPlay or Android and having smart voice service to control the navigation.

In recent years Ford Motor (F:US) has transformed its models to meet better the new low carbon regulation and last weekend the company announced that they will invest 11 billion dollars by 2022 to 40 hybrid or fully electric vechiles. This is in line with other big car manufacturers as they are preparing for the new time after fossil fuel engines in 2030 or 2040.

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Business Tech

City getting special arrangements in the Brexit talks?

The negotiations between the UK and EU about Brexit and the UK´s financial services sector might show some different outcome than earlier expected. There are expectations that the City, the financial center in London, might get some special “arrangements” for business operations.

According to Bloomberg goverment survey, most EU-goverments see the unity of EU as priority in the negotiations although most leaders think that UK should not get any priviledges after the country decided to leave the EU. But this might not affect the City and the financial industry as such.

As Britain leaves the EU in March 2019, one of the risk scenarios for the whole Europe is, that financial markets will split to several financial centers like Frankfurt, Paris, Amsterdam or Luxembourg and the markets will loose the cohesion.

This is one of the reasons why the CEO of Lloyds, Inga Beale, is hoping to see some special arrangements for the City. The British insurance company has already made its own decision and opened a new subsidiary in the continent, in Luxembourg.

The London financial center is one of the world largest, but during years the sector has also transformed and developed new innovations. Fintech in London is one of the growth areas in Europe and this trend is expected to continue. London is said to be the 4th largest fintech hub globally after San Fransisco, Beijing and New York. Last year the fintech companies got 2,4 billion pounds funding from investors.

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Business

US tax cuts to boost also EU economy

The US tax cuts are expected to support the growth also in the EU. According to the European Central Bank´s policy meeting in December,  the impact of the cuts have not been calculated in the estimates earlier.

The Central Bank has estimated that the GDP will grow 2,3 % this year and 1,9 & next year. For the year 2020 the growh estimate is 1,7%. For example the IMF has estimated that the growth would be 1,7 % in 2019.

This positive sign from the ECB memo was fuelling the rally in the currency and bond markets yesterday. For example the German 2 year bond yield increased by 4 basis points to minus 0,57 percent. And euro was trading 1,20 against US dollar. Also the Brent Oil increased to three year high and was over 70 dollars a barrel due to production cuts by OPEC. Stock markets were mixed.

 

Business

US tech sales to new record this year – 351 billion dollars

The US tech sales will make a new record this year. According to CTA, the Consumer Technology Association, the revenue will grow to 351 billion dollars. This is 3,9 % increase from year earlier.

According to the study, the growth will come from Smart Home, Smart Speakers and Virtual Reality products & services. Although the growth is strongest in the emerging technologies,  the volume sales come from the “old products” like smartphones, + 3% increase to 62,9 billion dollars or automotive electronics +5,1 % to 15,9 billion dollars.

Amazon Echo and Google Home -type smart speakers will get 3,8 billion dollars revenue, increase with 93 %. Smart Home sales will increase by 34 % to 4,5 billion dollars and virtual reality services + 18 % to 1,2 billion dollars.

Wearables, like smartwatches and health & fitness & sports products, will get 1 % increase to 6,4 billion dollars.

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Business

Intel to show virtual reality at the Olympic Games -CES2018

Intel (INTC) will present virtual reality first time at the Winter Olympic Games in South-Korea this year. The company said that they will focus on having 30 different events to engage real-time virtual viewing. Intel showed details about the project during the CES2018 in Las Vegas today.

– Intel will focus primarily on infusing its 5G platforms, Virtual Reality, 3D and 360-degree content development platforms, artificial intelligence platforms, and drones, along with other silicon solutions to enhance the Olympic Games, the company said.

The International Olympic Committee (IOC) and Intel announced in June last year this long-term technology partnership in New York.  IOC President Thomas Bach and Brian Krzanich, Intel’s chief executive officer, said the partnership is through 2024 and they expect this partnership will transform the Olympic Games and the experience globally.

The first Olympic Games activation will take place at the Olympic Winter Games Pyeongchang 2018, in South Korea, in February 2018, where Intel technology will provide real-time virtual reality viewing.

Intel’s global activation rights will include the Olympic Winter Games Pyeongchang 2018, the Olympic Games Tokyo 2020, the Olympic Winter Games Beijing 2022 and the Olympic Games in 2024 in a city yet to be selected.

– Intel 360 replay technology will allow fans to experience the greatest, most memorable Olympic moments from every angle at the Olympic venues. In the future, TV viewers at home will be able to experience what it’s like to be at the Olympic Games with a front-row seat, or choose from many different viewing points in the Olympic venues. The power to choose what they want to see and how they want to experience the Olympic Games will be in the hands of the fans, the company says.

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Sports Tech

Samsung outlined its connected IoT strategy – CES2018

Samsung Electronics (SMSN:LI) outlined its vision and strategy for intelligent Internet of Things (IoT) experiences at the 2018 Consumer Electronics Show (CES) in Las Vegas.

During the press conference, Samsung demonstrated its  ability to make seamlessly connected consumer experiences across Samsung devices at home, at the office and on-the-go. Samsung has been working to make all Samsung products IoT ready by 2020. In addition, the company announced today its plan to advance IoT adoption via an open, consistent and intelligent platform.

– At Samsung, we believe IoT should be as easy as flipping a switch. With the new products and services announced today, we’re making IoT easier and more seamless,” said Hyunsuk Kim, President, Head of Samsung’s Consumer Electronics Division and Samsung Research.

– We’re committed to accelerating IoT adoption for everyone and making all Samsung connected devices intelligent by 2020, he said in the press release.

 

Hyunsuk (HS) Kim, President, Head of Samsung’s Consumer Electronics Division and Samsung Research

 

Samsung is working with partners such as the Open Connectivity Foundation (OCF). OCF is the largest IoT standardization body in the world.

According to Samsung, in spring 2018 the company will unite its IoT applications, including Samsung Connect, Smart Home, Smart View and more into the SmartThings app to connect and control any SmartThings-enabled device directly from their phone, TV, or car from a single application.

Additionally, Samsung announced plans to connect HARMAN Ignite to the SmartThings Cloud, moving the IoT experience beyond the smart home to the car. As a result, consumers will be able to manage their connected home from the car and vice versa.

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Lifestyle Tech

Green Bonds to foster the economic growth

Green Bonds are financial instruments to foster the economic growth globally, but how the markets are really working? Last year was a record year for the over 100 billion dollars green bonds markets and for this year 2018 the expectations are about 130 billion dollars according to Climate Bond Initiative.

EU made a study of this market a year ago. The study identified key bottlenecks that hampered the further growth of the green bond market in the EU area. The biggest challenge is the lack of green bonds and green project pipelines.

The findings show that Green Bonds would be a great instrument to lead the climate mitigation and to fulfill the Paris Climate Agreement. The growth of these instruments have been mainly in China so far, but also big, listed companies and institutional investors have issued this kind of bonds.

The study also highlighted the measures of policy makers to develop the markets further- to raise the awareness on the benefits of green bonds, and thus increase supply support capacity building and knowledge sharing.

According to EarthRate, an ESG company, green bonds are new financial tools that require more climate-related information and targets from companies but at the same time they give the possibility to enlarge the investor base of a company towards more long-term base.

According to Financial Times (2.1.2018) the annual investment need for Europe, to keep the temperature rise below 2 degree Celcius, is 180 billion euros. The EU Commission is also planning to ease the capital rules for the banks in order to boost their green investments. This should be part of the new sustainable finance action plan, which should be released in March 2018.

Green Bonds are modern way of acting in the financial markets. But they also foster the underlying economic growth for further climate friendly investments.

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Finance