-When engineering the 2015 John Cooper Works, the most powerful production model in its history, Mini started somewhat paradoxically, with the brakes. And indeed, the brakes are utterly fabulous. Red-painted Brembo front calipers are so large that the wheel offsets needed to be increased. (Consequently, fairings on the fender arches were also added.) When called upon, the binders bring the JCW to a halt with sensational feel and without the
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– While the Western U.S.—namely California and Nevada—is pretty much ground-zero for autonomous-vehicle testing, Daimler would like to bring that development closer to its own engineering hub in Baden-Württemberg. And it looks like that’s about to happen very soon. – One German testing door closes and another one opens. While the Nürburgring has banned lap-record attempts, it looks as if some stretches of the autobahn are about to be opened to
– While the Western U.S.—namely California and Nevada—is pretty much ground-zero for autonomous-vehicle testing, Daimler would like to bring that development closer to its own engineering hub in Baden-Württemberg. And it looks like that’s about to happen very soon. – One German testing door closes and another one opens. While the Nürburgring has banned lap-record attempts, it looks as if some stretches of the autobahn are about to be opened to
Calloway Real Estate Investment Trust said on Thursday it is acquiring the SmartCentres platform from Mitchell Goldhar as part of a C$1.16 billion ($952 million) deal that will make Calloway a fully integrated real estate developer and operator. On closing of the proposed deal, Toronto-based Calloway said, it intends to change its name to SmartREIT to reflect its enhanced capabilities. Goldhar, who himself owns a sizable stake in Calloway and
WASHINGTON (AP) — U.S. homebuilders opened the spring buying season in March at a slower pace than last year, a warning that recent hiring gains have failed to translate into a stronger real estate market.
China’s annual fiscal revenue growth slowed to 3.9 percent in the first quarter from 8.6 percent in 2014, official data showed, as persistent economic weakness dampened tax collection and other government incomes. Revenues totaled 3.64 trillion yuan ($587.67 billion) in the first quarter, data from the Finance Ministry showed on Thursday. In March, China’s fiscal revenues totaled 1.069 trillion yuan, up 5.8 percent from a year earlier, the ministry said.
By Steve Gorman LOS ANGELES (Reuters) – The wife of former Los Angeles Clippers owner Donald Sterling has won a court decision ordering repayment of $2.6 million in real estate and cash he furnished to his alleged mistress, V. Stiviano, the woman behind his racially charged downfall. Los Angeles Superior Court Judge Richard Fruin ruled that Shelly Sterling was entitled to recover those assets from Stiviano because they came from
By Alan Baldwin MANAMA (Reuters) – A Chinese Grand Prix podium hostess who had champagne sprayed in her face by race winner Lewis Hamilton has played down the incident after the Formula One world champion was accused of sexist bullying. “It lasted for only one or two seconds, and I didn’t think too much about it,” Liu Siying, a 22-year-old graduate of the Shanghai Institute of Visual Art who works
Lamborghini winter academy Italian automaker Lamborghini is honing in on its own heritage with a restoration center that will streamline consumers’ abilities to maintain their vehicles. Lamborghini Polo Storico will have the brand’s historical archives, vehicle restoration center, automobile certification and the availability of genuine spare parts for all the brand’s models. While eBay and other online options are thought to only be a factor for fashion brands combating counterfeits, automakers also face a
Frieze on Randall’s Island New York real estate firm Town Residential is furthering ties between art and real estate in the city as the sponsor of Frieze New York, a fair that focuses on contemporary art and living artists. On Randall’s Island in mid-May the fair will kick off to present several highly anticipated artists. Town Residential will be at the forefront of the event establishing relationships that may influence
Frieze on Randall’s Island New York real estate firm Town Residential is furthering ties between art and real estate in the city as the sponsor of Frieze New York, a fair that focuses on contemporary art and living artists. On Randall’s Island in mid-May the fair will kick off to present several highly anticipated artists. Town Residential will be at the forefront of the event establishing relationships that may influence
Fairmont Hotel Macdonald in Edmonton, Alberta, Canada The Fairmont Hotel Macdonald in Edmonton, Canada, is ensuring locals are part of its centennial celebration with a weekly promotion offering rooms at lower rates to encourage staycation visits. Every Sunday the hotel will offer $100 rooms to give locals the opportunity to enjoy the hotel. Engaging neighbors will likely bolster relationships that may lead to greater collaborations and events at the hotel and
Fairmont Hotel Macdonald in Edmonton, Alberta, Canada The Fairmont Hotel Macdonald in Edmonton, Canada, is ensuring locals are part of its centennial celebration with a weekly promotion offering rooms at lower rates to encourage staycation visits. Every Sunday the hotel will offer $100 rooms to give locals the opportunity to enjoy the hotel. Engaging neighbors will likely bolster relationships that may lead to greater collaborations and events at the hotel and
