KATHMANDU: MAW Rides has launched the new-generation Yamaha FZS FI in Nepal. The launch took place at Yamaha Blue Fest in Bhrikutimandap. The bike is priced at Rs 434,900. Yamaha Blue Fest has started at Bhrikutimandap targeting the New Year.…

KATHMANDU: Oil prices rose sharply after Donald Trump announced a naval move targeting Iran. The decision came after ceasefire talks between the US and Iran collapsed over the weekend. The global benchmark Brent crude jumped more than 8 percent to…

KATHMANDU: The government has moved forward with plans to amend the Public Procurement Act. The decision was taken by the Cabinet within its 100-day governance reform agenda. The Public Procurement Monitoring Office has prepared a draft amendment bill to the…

KATHMANDU: Stellantis is in advanced talks with Leapmotor to develop a new Opel-branded electric SUV, according to Reuters. The model will use Leapmotor’s EV technology and is expected to be produced at Stellantis’ Zaragoza plant in Spain. Production could begin…

KATHMANDU: MG Majestor has set a new Guinness World Records title for the heaviest train pulled by an SUV on rails. The Majestor pulled a 406.4-tonne train over a distance of 300 feet. This surpasses the previous record of 400…