US central bank to study Facebook virtual currency

The US Federal Reserve has created a "working group" that is coordinating with government agencies and other central banks to consider the implications of Facebook's planned virtual currency Libra, chairman Jerome Powell ...

Navigating the winding road toward driverless mobility

As we all watch automakers and autonomous tech companies team up in various alliances, it's natural to wonder about their significance and what the future will bring. Are we realizing that autonomous driving technology and ...

Shared e-cargo bikes: Boom and barriers in Basel

Sustainable means of mobility are becoming ever more popular. In Switzerland, around 15,000 people have registered with the online platform carvelo2go, which hires out electric cargo bikes. The use of this sharing service ...

Canada's Bombardier lays off 550 workers

The Canadian group Bombardier announced Wednesday it will lay off 550 employees from its Thunder Bay, Ontario plant, cutting the site's workforce in half.

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