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China races to build its own Tesla as economy slows and subsidies dry up

China races to build its own Tesla as economy slows and subsidies dry up

Finance
A view of electric cars owned by a local car-sharing company in Wuhan, China.Feature China | Barcroft Images | Barcroft Media | Getty ImagesBEIJING — When an idea strikes a chord with national ambition in China, the result can be millions of dollars wasted and a handful of start-ups struggling to survive in a cooling economy.In the last few years, venture capitalists rushed to pour billions of dollars into the emerging electric vehicle industry backed by the Chinese government. So far, it's less clear how that bet has paid off. Take a look at the recent headlines:Shares of U.S.-listed Nio, arguably China's closest competitor with Tesla, are down more than 50% this year to about $ 2.70 each.In November, Alibaba-backed XPeng tapped its own Chairman and CEO He Xiaopeng for a $ 400 million inv
Massive upset in Juvenile headlines 1st day of Breeders’ Cup races

Massive upset in Juvenile headlines 1st day of Breeders’ Cup races

Sports
Nov. 2 (UPI) -- The first day of the Breeders' Cup World Championships at Santa Anita on Friday was full of surprises, none bigger than the result of the day's feature. The entire complexion of the $ 2 million TVG Breeders' Cup Juvenile changed as the gate opened and the odds-on favorite, Dennis's Moment, stumbled badly, a mishap that opened the doors to an all-long shot finish in a race that normally crowns an early favorite for the following spring's Kentucky Derby. Jockey Irad Ortiz Jr. was lucky to stay aboard Dennis' Moment and the colt never got into the mix, finishing last of eight. Instead, it was Storm the Court, at odds of 45-1, who took the lead and held it, finally fending off a late bid by 25-1 chance Anneau d'Or to win by a neck with Wrecking Crew, off at 35-1, completing a...
Christchurch shootings: Social media races to stop attack footage

Christchurch shootings: Social media races to stop attack footage

Technology
Media playback is unsupported on your device A gunman opened fire in a mosque in Christchurch, New Zealand, killing 50 people and injuring 50 more. As he did so, he filmed the entire crime and live-streamed it directly to Facebook.What ensued was an exhausting race for social media pages to take the footage down, as it was replicated seemingly endlessly and shared widely in the wake of the attack.And through social media, it found its way onto the front pages of some of the world's biggest news websites in the form of still images, gifs, and even the full video.This series of events has, once again, shone a spotlight on how sites like Twitter, Facebook, YouTube and Reddit try - and fail - to address far-right extremism on their platforms. Atta...

Corrie’s Kevin Webster looks a long way from the cobbles in dapper Cheltenham Races get-up

Entertainment
Coronation Street’s Kevin Webster is famous for his signature dark blue boiler suit. Michael Le Vell, the actor who plays him, is rarely seen wearing anything else. But when the 54-year-old arrived at the Cheltenham races on Friday wearing a sophisticated suit, he was barely recognisable. The actor was joined by his co-star Alan Halsall, who most will know as the character Tyrone Dobbs. The two looked fantastic in their formalwear, leaving the streets of Corrie behind them.Michael opted for a three-piece suit made from a checkered grey wool, with a long black overcoat. He allowed his salt and pepper beard to grow out, giving off a very dapper impression altogether. The dad-of-two paired the outfit with a peach striped tie and a traditional tweed paddy ca...
Woodward at Saratoga, big 2-year-old races highlight weekend Thoroughbred action

Woodward at Saratoga, big 2-year-old races highlight weekend Thoroughbred action

Sports
The Woodward, the Super Derby and top quality 2-year-old events on both turf and dirt highlight the Labor Day weekend Thoroughbred racing schedule. Kentucky Downs opens its all-too-brief meeting over the undulating, European-style grass course on the old Dueling Grounds site. Still more high-end turf races are carded at Del Mar, Saratoga and Monmouth Park. Things largely are quiet on the international front -- except in Hong Kong. The Hong Kong Jockey Club this week formally opened its plush and massive Conghua Training Center on the Mainland -- a project that holds major implications for the HKJC itself and, perhaps, for racing in China. The formal opening took place Wednesday, just four days before Sunday's start of the 2018-19 racing season at Sha Tin. Sunday also finds one of Europe's...