Placebos, a common practice among doctors US Doctors

A recent study published in the British Medical Journal indicates that among U.S. doctors, placebo treatments were a regular practice. The doctors did not hesitate to prescribe vitamins, sedatives or even antibiotics to patients although the medication would do no good to the patient’s health.

The prescription basically affects the patient’s peace of mind.

US weighs possibility of troubled mortgage loan guarantees

US lawmakers, feeling that the Bush administration has not shown “the required dedication” to curb mortgage foreclosures, urged the administration to step up aid to struggling homeowners. They opine that the Treasury’s plans to buy stakes in banks will not be enough to fix the housing collapse that underlies the financial crisis.

Strauss-Kahn cleared of wrongdoing in relationship

Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), has been cleared of harassment, favoritism and abuse of power, in connection with his relationship with a female subordinate, an IMF economist.

According to a fund director, who spoke earlier on condition of anonymity, the investigation focused on Strauss-Kahn’s brief, consensual affair in January 2008, with Piroska Nagy, wife of former Argentine central bank, President Mario Blejer.

The inquiry began after a complaint by a third person.

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CATL and its Brunp Recycling subsidiary are setting up JV for cathode materials

In a move which will enable Chinese battery manufacturer CATL to expand its raw material supply, a joint venture for cathode materials is being set up by the company with its subsidiary Brunp Recyc

Chinese government aiming at 1 million FCEV registrations by 2030

According to a report by the South China Morning Post, the Chinese government is aiming for an ambitious target of getting 1 million fuel cell vehicles (FCEVs) on the roads by the year 2030.

VW ID.3 special edition, limited to 30,000 units, is out of stock

In a recent statement released shortly ahead of the upcoming IAA event this week, German automaker Volkswagen (VW) has revealed that its limited special edition of the ID.3 is now out of stock.

Porsche unveils final production version of ‘Taycan’ all-electric car

German automaker Porsche officially unveiled the final production version its first all-electric car -- the ‘Taycan’ -- on Wednesday, September 4, 2019.

BMW to discontinue hybrid i8 production by April 2020

In a recent press release, German automaker BMW has indicated that it will stop producing its i8 plug-in hybrid sports car from April 2020.

Fraunhofer ISE develops EV solar roof with highly efficient solar cells

Germany-based Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has developed solar roofing for electric vehicles (EVs), in an apparent effort to increase their driving range.

CNH Industrial invests $250M in e-truck start-up Nikola

In a recent statement, UK-headquartered capital goods company CNH Industrial has revealed that it is making a $250-million investment in US startup Nikola, which specializes in the production of el