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Competition News

Tesla deliveries miss by wide margin in first-quarter

Tesla Inc shares fell 11 percent on Thursday after a bigger-than-expected drop in first-quarter deliveries, led by declining demand for its luxury Model S and X vehicles.

Shell goes green as it moves into UK retail power market

London - Royal Dutch Shell took a step forward in its aim to become the world’s biggest power company with an aggressive move into the UK retail market by offering one of the cheapest tariffs available.

Google unveils search changes to placate EU

Apo - Google on Tuesday unveiled a series of tweaks to its European search engine results in an effort to avoid further fines from the EU's top anti-trust regulator.

SpaceX and ULA share new Air Force launch contracts

Washington - The battle between military space juggernaut United Launch Alliance and its upstart rival SpaceX continues, with the two companies splitting a collection of launch contracts worth $739 million awarded by the Air Force on Tuesday.

EU's rail merger veto ignites spat over competition rules

Paris - The European Union's veto of an Alstom-Siemens rail merger has revived debate over competition regulations that some say are obsolete in the face of growing rivalry from Chinese giants.

EU vetoes train-maker merger, drawing France's fury

Apo - The EU's powerful anti-trust regulator vetoed the merger of the Siemens-Alstom rail businesses on Wednesday, drawing the bitter fury of France.

Holiday wars commence — Amazon to offer free shipping to all

The battle for consumer's online shopping orders is heating up this holiday season, with E-commerce giant Amazon raising the stakes by offering free delivery to customers without having to meet the $25 minimum purchase threshold.

Oilsands bitumen — Producers losing money on every barrel sold

A financial analyst says prices being paid for Western Canadian oil sands bitumen have fallen so far that producers are losing money on every barrel sold into the spot market.

Italy's Antitrust contests Ryanair's hand baggage charge

Rome - Italy's competition authority Antitrust has opened an inquiry into low-cost airline Ryanair's decision to charge passengers for hand luggage, a which the body described an "essential" item for travellers.

IKEA and Accenture are following in Google's footsteps

Home Depot, IKEA, and Accenture are examples of major companies with innovation labs. Alphabet, Google's parent company, has a famous innovation lab called X.

We Three talks 'America's Got Talent,' influences, dream duets Special

Pop-rock sibling trio We Three chatted with Digital Journal about their experience on the NBC reality competition, "America's Got Talent."

Films in the running for the top prize at Cannes

Cannes - From an African-American detective infiltrating the Ku Klux Klan to Kurdish female fighters battling jihadists, here are the movies vying for the top Palme d'Or prize at the Cannes film festival, to be awarded Saturday by a jury led by Cate Blanchett.

Films in the running for the top prize at Cannes

Cannes - From an African-American detective infiltrating the Ku Klux Klan to Kurdish female fighters battling jihadists, here are the movies that will compete for the top Palme d'Or prize at the Cannes film festival which starts Tuesday:- Everybody Knows -Irani...

As doors close in the US, China's Huawei shifts to Europe

Shenzhen - As trade disputes continue to simmer between China and the U.S., Huawei, the world's third-largest Smartphone vendor is shifting its growth efforts toward Europe and Asian markets.

Winn-Dixie owner Bi-Lo preparing for bankruptcy next month

Jacksonville - Supermarket company Bi-Lo LLC, which owns the Winn-Dixie chain, is planning to close at least 200 stores in a potential bankruptcy, two people familiar with the matter said on Friday, with the filing to come as soon as next month.

'Bots battle for the ball, and the globe, in Robot Olympiad

San Jos - The World Robotics Olympiad, being held in Costa Rica this weekend, shows human athletes still have little to worry about: sweat and glory do not compute well when relegated to faceless automatons.

BMW loses appeal of $158 mln fine by Swiss competition watchdog

Geneva - BMW will have to pay a $158 million fine that Swiss competition authorities imposed on the German automaker five years ago after Switzerland's top court said Friday that it had rejected its appeal.

Italian factory worker wins first Tiramisu World Cup

Treviso - An Italian factory worker won the first ever Tiramisu World Cup on Sunday, beating 700 other amateurs to whip up the softest and creamiest version of Italy's famous dessert.

Walmart and Amazon want to enter your home — is this good?

Last month, Walmart announced it was testing a home delivery service where employees come inside the home to restock the refrigerator. Amazon, not to be outdone, has announced its own home delivery service, mirroring its competitor.

How Nike is taking the next step in digital transformation

A growing number of businesses are investing in innovative strategies to uncover new growth opportunities. However, many companies are still facing big challenges in the pursuit of digital transformation.

EU antitrust chief defends probe of Google, US tech giants

Washington - Europe's top antitrust regulator Magrethe Vestager on Monday defended her agency's investigations of Google and other US tech giants, arguing that dominant companies have a "special responsibility" to avoid abusing their market power.

Smart city startup program eyes resilience and public safety

As our cities continue to grow in size and complexity, there is also a growing demand for technology and innovations that keep infrastructure, services, and residents safe. And safety is critical in attracting business, investments and skilled labor.

Coal India still planning to shut 37 coal mines by end of year

Coal workers unions at Coal India and Singareni Collieries have postponed a three-day strike that was to have started today after the government agreed there would be no merger of retirement funds. However, Coal India is still closing 37 mines by 2018.

Competition for offshore wind ramps up in Massachusetts

Massachusetts appears to be on track to become the nation's leader in offshore wind power, with three companies, including two from Denmark and one based in New England prepared to bid on the contracts.

Sears is closing an additional 72 stores this year

Sears is closing 72 more stores, in addition to the more than 180 that have already been announced this year. The company released the list internally today.

Films in the running for this week's Palme d'Or

Cannes - From the tale of a mysterious beast to a migrant who finds he can levitate after being shot on a border fence, these are the 19 movies competing in the main competition at this week's Cannes film festival which gets underway on May 17:- Wonderstruck -...

'Oh Nuts' — Hormel stops selling Skippy Peanut Butter in Canada

Last week, it was learned that Dad's chocolate chip cookies had been discontinued in Canada. Now, it's been learned that Skippy peanut butter, both the chunky and smooth version, will no longer be available in Canada.

EU orders Spain to recover high-speed train test funds

Brussels - The EU ordered Spain on Monday to recover 140 million euros ($150 million) in illegal state aid set aside for a high-speed train test centre that Brussels said was unnecessary.

Ghanaian crowned first 'Miss Africa Continent'

Johanesburg - Barefoot, wearing traditional costumes including animal hide skirts and elaborately beaded headdresses, the contestants strutted the stage before Ghanaian Rebecca Asamoah was crowned the first 'Miss Africa Continent'.

UPDATE: Walmart will close 269 stores in the U.S. and globally

On Friday Wal-Mart Stores, Inc. announced plans to close 269 stores in the U.S. and globally. The closures come after an active review of the nearly 11,600 stores worldwide, taking into account a number of factors.
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Scientists at the Príncipe Felipe  Research Center in Valencia entered a lip sync competition to po...
Scientists at the Príncipe Felipe Research Center in Valencia entered a lip sync competition to possibly win 3000 euros.
YouTube
Results after the first day.
Results after the first day.
Ensemble Studio Competition finalists and winners  2014.
Ensemble Studio Competition finalists and winners, 2014.
Michael Cooper
The winners of this year s Canadian Opera Company Ensemble Studio singing competition (L-R): Aaron S...
The winners of this year's Canadian Opera Company Ensemble Studio singing competition (L-R): Aaron Sheppard, Dimitri Katotakis, COC General Manager Alexander Neef, and Charles Sy.
Michael Cooper
Keep your unwinding to keep you fit.
Keep your unwinding to keep you fit.
2011 Eurovision Song Contest.
2011 Eurovision Song Contest.
Alain Douit / EBU
A skater from the first group
A skater from the first group
Keep your unwinding to keep you fit.
Keep your unwinding to keep you fit.
Scientists at the Príncipe Felipe  Research Center in Valencia entered a lip sync competition to po...
Scientists at the Príncipe Felipe Research Center in Valencia entered a lip sync competition to possibly win 3000 euros.
YouTube
The final results
The final results
Wine Spectators  portrait of the Top Ten
Wine Spectators' portrait of the Top Ten
The arena where the event was held.
The arena where the event was held.
The judges take their seats just before the competition begins.
The judges take their seats just before the competition begins.
For the Kaggle competition  participants are asked to look at different types of satellite images th...
For the Kaggle competition, participants are asked to look at different types of satellite images that include icebergs, ships and other targets, and determine which is which.
Kaggle
Keep your unwinding to keep you fit.
Keep your unwinding to keep you fit.
Keep your unwinding to keep you fit.
Keep your unwinding to keep you fit.
Shell Eco-Marathon
Shell Eco-Marathon
Youtube
The judges take their seats just before the competition begins.
The judges take their seats just before the competition begins.
COC Music Director Johannes Debus applauds the Ensemble Studio Competition finalists and winners.
COC Music Director Johannes Debus applauds the Ensemble Studio Competition finalists and winners.
Michael Cooper
Michael Feinstein Foundation s annual Great American Songbook competition.
Michael Feinstein Foundation's annual Great American Songbook competition.
Courtesy of the Michael Feinstein Foundation

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