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  • Article / 09 June 2015 at 10:30 GMT

    Swedish bike airbag goes public

    Swedish bike airbag goes public
    Swedish Hövding has been making airbags for cyclists for a decade. Despite having sold only 10,000 so far the company is now aiming at the stock market. Two factors can positively influence sales: a rise in the number of cyclists protecting themselves with helmets, and the vanity of cyclists.
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  • Editor’s Picks / 26 March 2015 at 21:52 GMT

    Germanwings co-pilot sought to destroy plane in French crash

    Bloomberg Business
    The co-pilot of the Germanwings flight that crashed in the French Alps appears to have deliberately flown the aircraft into a mountainside, killing 150 people, after locking the captain out of the cockpit, French prosecutors said. Audio files from the last minutes on the flight-deck of the Barcelona-Dusseldorf flight show the co-pilot took the aircraft into a descent after the captain left and denied him re-entry, prosecutor Brice Robin said at a press conference in Marseille. The co-pilot could be heard breathing and remained otherwise silent right until the plane slammed into a slope at full speed. The findings suggest that the destruction of the Airbus A320 aircraft, the worst-ever aviation accident for Deutsche Lufthansa AG and its Germanwings unit, was deliberate rather than due to a technical fault.
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  • Editor’s Picks / 19 November 2014 at 5:55 GMT

    US car regulator seeks nationwide recall of Takata air bags

    Reuters
    The National Highway Traffic Safety Administration – the American auto safety regulator – told Japanese supplier Takata Corp and five automakers to expand nationwide a regional recall of potentially lethal air bags, increasing pressure on the industry to move faster in a growing scandal. The NHTSA also reprimanded Takata for what it called "an unwillingness to move forward" on a nationwide recall, and said the company needs to be open with the public about the risks of its air bags.
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