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Berlin runs short of office space as demand accelerates
BERLIN: Nearly 30 years after the fall of the Wall, “cool” Berlin is booming, with some 40,000 people moving to the German capital every year to work not just at its vibrant tech start-ups but also increasingly at big multinational firms. As the city once seen as a low-cost government backwater comes into its own as a European business centre, office supply has not been able to keep up with the sharp rise in demand. “Berlin has
 
 
Mitsubishi shows signs of life with 2018 Eclipse Cross
CHICAGO: Back when I was learning how to drive and presidential scandals focused on interns with blue dresses, Mitsubishi sold sports coupes in the United States. My dad bought into the fastest growing car company of the ‘90s with a 195-horsepower Mitsubishi Eclipse with a five-speed manual. It might have been an Eagle Talon. Same difference. When the all-new 2018 Mitsubishi Eclipse Cross showed up in my driveway, there was what
   
Panasonic expects to triple consumption of auto batteries
LONDON: Panasonic Corp expects to more than triple its cobalt consumption in five years’ time, industry sources said, even as the company aims to develop cobalt-free automotive batteries in the near future. Panasonic is the exclusive battery cell supplier for all new Tesla vehicles, including the mass-market Model 3 electric car. Sources say cobalt-free batteries are many years away. The scramble to secure supplies of cobalt,
 
 
D-FW cryptocurrency miners go prospecting for digital gold
DALLAS: On the evening of May 29, the power was out in the two front rooms of Stanley Edgar’s Rockwall, Texas home, where he lives with his 32-year-old son Brandon, Brandon’s girlfriend and the couple’s children. Brandon’s girlfriend had plugged in a vacuum cleaner, overloading the circuit breaker. This wouldn’t happen in most houses. But the Edgar house is different. It soaks up nearly four times the electricity consumed by a
   
Australian banks face rural lending reckoning
SYDNEY: Australian potato farmer Tom Fox says he had never missed a bank payment in two decades before a delay sending a shipment to Indonesia during a trade dispute between the countries prompted his lender to force him into receivership in 2013. “I got a letter from the bank lawyers saying I had 12 hours to come up with A$2.4 million ($1.8 million), and that was an impossibility to do on that notice,” Fox told Reuters.
 
 
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