A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Ireland has become the main regulator enforcing rules on how big tech companies collect and process user data under Europe's privacy law called GDPR.Technologyread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
If you're looking for a boat to match your Bugatti, you're in luck.
The French automaker has announced a partnership with yacht builder Palmer Johnson to create a line of luxury speed boats designed and inspired by its super cars.
Called "Niniette," the line of boats range in length from 42 to 88 feet. They will feature a two-tone color scheme and be made with carbon fiber and titanium. They'll also have some of same swooping lines and curves as classic Bugattis.
The cheapest boat will start at $2.2 million, but the larger versions will cost more than $3 million. By comparison, Bugatti's new Chiron car is expected to have a sticker price of $2.4 million when it launches next year.
"As with the sports cars, the Bugatti design team followed its approach 'form follows performance,'" the company said in a release.
The design, Bugatti said, is meant to capture the "falling shoulder line of the Bugatti Type 57 C Atalante" vehicle and the balanced proportions of its Type 41 Royale car.
As for the line's moniker, "Niniette" was the pet name used by Bugatti founder Ettore Bugatti for his daughter, Lidia.
The "Niniette" line will include a 42-, 63- and 88-foot model. The 42-footer will have a base price of about $2 million, and the 63-foot "PJ63 Niniette" will start at $3.5 million. The company did not give a price for the 88-foot version.
The project is part of Bugatti's new initiative to expand its brand beyond cars and into lifestyle products. Palmer Johnson, based in Monaco, is known for its high-tech designs and advanced materials. The company said that, like Bugatti, it "reaches for what we cannot see ... to deliver the next unimagined experience."