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Honda City now accepts ‘Ok Google’ voice commands

Benelli launches new 502C cruiser

Benelli has launched its new 502C twin-cylinder cruiser in India at ₹ 4.98 lakh (ex-showroom). This places it nearly ₹ 30,000 above the Leoncino, with its closest rival being the Kawasaki Vulcan S, priced at ₹ 6.04 lakh.

In terms of styling, the 502C gets a slightly low and longer cruiser stance that it seems to derive heavily from the Ducati Diavel, especially at the rear. Highlights include a beefy USD fork, exposed trellis frame and twin-barrel exhaust system. The 502C rolls on Pirelli Angel GT tyres, and gets features such as an LED headlight, full-digital instrumentation and an adjustable clutch lever.

The 502C is powered by the same 500cc parallel-twin motor seen in the Leoncino and TRK 502 models in India. Output figures stand at 47.5hp and 46Nm, and the drive reaches the rear wheel via a 6-speed gearbox and chain drive system.

Crypto exchange Binance to wind down derivatives in Europe

  • Binance users in Germany, Italy and the Netherlands will, with immediate effect, not be able to open new futures or derivatives products accounts, the exchange said in a statement on its website.
  • Users from these countries will, from a date to be announced later, have 90 days to close their open positions, Binance said.

Major cryptocurrency exchange Binance said on Friday it would wind down its futures and derivatives products offerings across Europe, a move that comes after unprecedented pressure from regulators.

Binance users in Germany, Italy and the Netherlands will, with immediate effect, not be able to open new futures or derivatives products accounts, the exchange said in a statement on its website.

Users from these countries will, from a date to be announced later, have 90 days to close their open positions, Binance said.

The move comes amid growing pressure on Binance from financial authorities across the world, including Britain, Germany, Hong Kong and Italy.

In the wake of the unprecedented crackdown, Binance said on Monday it would stop offering cryptocurrency margin trading involving the Australian dollar, euro and sterling.

The exchange had said earlier this month it stopped selling digital tokens linked to shares, after regulators cracked down on the cryptocurrency exchange platform's "stock tokens" offerings.

Jerome Powell: Fed is confident inflation rates will go down

London (CNN Business)European economies posted stronger than expected growth in the second quarter, with consumer and business confidence booming as Covid-19 restrictions were eased.

GDP across the European Union rose by 13.2% compared with the same period last year, and by 1.9% compared with the previous quarter, according to a preliminary estimate published Friday by the EU statistics office. The 19 EU countries that use the euro currency posted even stronger growth of 13.7% and 2% respectively, easily beating a Reuters forecast of 1.5%.
Unlike the United States, which posted second quarter annualized growth of 6.5% on Thursday, European GDP has yet to return to its pre-pandemic level.

    Annual inflation across the euro economies also shot up, and could hit 2.2% in July, according to official EU statistics. That’s higher than the European Central Bank’s target of 2%.

      Accelerating price increases were driven by rising energy costs (up 14% in July), food, alcohol and tobacco (up 1.6%) and services.

      “The reopening of non-essential shops has seen retail sales leap back toward pre-pandemic levels, while there are signs that firms’ investment plans are rising, which bodes well for continued growth,” said Tej Parikh, a director at Fitch Ratings’ economics.

        “The economic momentum from the reopening is building going into [the third quarter], but a rise in cases of the Delta variant across the eurozone may pose a downside risk.”
        — This is a developing story and will be updated.

        EARNINGS SUMMARY: Details of W. P. Carey Inc. Q2 Earnings Report

        Below are the earnings highlights for W. P. Carey Inc. (WPC):

        -Earnings: $105.30 million in Q2 vs. $120.25 million in the same period last year.
        -EPS: $0.67 in Q2 vs. $0.61 in the same period last year.
        -Analysts projected $0.79 per share
        -Revenue: $314.79 million in Q2 vs. $288.53 million in the same period last year.

        -Guidance:
        Full year EPS guidance: $4.94 – $5.02

        W.W. Grainger Maintains FY21 Outlook – Quick Facts

        While reporting financial results for the second quarter on Friday, W.W. Grainger, Inc. (GWW) maintained its earnings and net sales guidance for the full-year 2021.

        For fiscal 2021, the company continues to project earnings in the range of $19.00 to $20.50 per share on net sales between $12.7 billion and 13.0 billion.

        On average, analysts polled by Thomson Reuters expect the company to report earnings of $19.84 per share on revenue of $12.85 billion for the year. Analysts’ estimates typically exclude special items.

        EARNINGS SUMMARY: Details of GigaMedia Ltd. Q2 Earnings Report

        Below are the earnings highlights for GigaMedia Ltd. (GIGM):

        -Earnings: -$0.84 million in Q2 vs. -$0.42 million in the same period last year.
        -EPS: -$0.08 in Q2 vs. -$0.04 in the same period last year.
        -Revenue: $1.23 million in Q2 vs. $1.83 million in the same period last year.

        Honda City now accepts ‘Ok Google’ voice commands

        Honda has updated its Honda Connect system with the introduction of Honda Action on Google, allowing users to issue voice commands for certain in-car functions via Google Assistant. The updated tech has been made available on the fifth-gen Honda City. The City came with Alexa remote capability since its launch.

        Honda has also introduced four new functionalities to the Honda Connect platform, in addition to the already existing list of 32 functionalities.

        The Honda Action on Google feature essentially allows for 10 voice-enabled features that can be performed via Google Assistant-enabled devices such as Google Nest Speakers, Android phones or Google’s text-based command functionality. It is also supported by iOS devices.

        You can simply say “Ok Google” and issue a command beginning with “Ask Honda to…” to perform functions such as switching the AC on/off, setting temperature, lock/unlock doors, find your car, open the boot remotely, get tyre inflation status, check battery and fuel status, and more.

        Additionally, Honda has also introduced four new functionalities on the Honda Connect platform — Valet Alert, Fuel Log Analysis, Cost of Maintenance Analysis and Enhanced options for Service Products — bringing the total up to 36 connected features. These new features offer detailed analysis and graphical representation of specifics such as fuel usage and maintenance costs.