To make sure Greece reaches agreed fiscal targets, it was proposed by international lenders to prepare a package of additional savings measures which would be passed into law now, but implemented only if needed. The way for the debt relief would be cleared and the disbursement of new loans to Athens enabled once Greece agrees…
One region is making a surprise comeback after years of declining activity – the Norwegian Arctic, even as the oil industry continues to cut jobs, projects and costs amid low crude prices, company executives and officials say. The number of exploration wells in the Norwegian part of the Barents Sea is increasing to 10 in…
An investigator into one of the world’s biggest cyber heists said that Bangladesh’s central bank was vulnerable to hackers because it used second-hand, $10 switches to network computers connected to the SWIFT global payment network and did not have a firewall. Mohammad Shah Alam, head of the Forensic Training Institute of the Bangladesh police’s criminal…
This has taken political colours with President Barrack Obama almost terming it as protectionism. Margrethe Vestager, the European Union’s commissioner for competition, has begun probing on Google’s perceived anti-competitive behaviour vis-a-vis its Android operating system. Vestager has to prove and establish that Google has been abusing its dominant position by hindering competitors from developing Android…
It is a wee bit funny, but it’s better to play safe than sorry. There is a logical explanation for the site’s behaviour. In a surprising turn of events, a Reddit user discovered, much to his surprise, that Google’s Safe Browsing Site Status checker, had listed Google.com, as a partially dangerous site. Google’s Safe Browsing…
A century-long record by the greatest margin yet seen for any month has been shattered by the global temperature in March. Driven largely by climate change, and was described by scientists as a “shocker” and signalling “a kind of climate emergency”, February was far above the long term average globally. But March was even hotter…
While every new company or a start-up hopes for a lucky break, the day the Panama Papers made headlines around the world, the Swedish company Neo Technology found out it was getting one such break. In order to make sense of 11.5 million documents, including emails, images and spreadsheets, leaked from Panamanian law firm Mossack…
The solution is essentially not all that complicated. A stalling approach could hit a nerve. VW’s needs to find the person(s) responsible and turn a new leaf. If you were to believe VW insiders, emission investigators have quite a lot of ground to cover than just navigate privacy laws, since those in the know did…
As of now the Foreign Intelligence Surveillance Court has stalled its efforts since it has interpreted the law to its favour. The Electronic Frontier Foundation, a civil liberties group, wants to know from an authoritative source whether U.S. officials have ever forced a company to decrypt data so as to aid an investigation. In order…
Cash generation for the start of the year for Airbus is being put under pressure by a growing backlog of Airbus undelivered passengers jets, stranded outside their factories due to supplier problems, reports Reuters quoting industry sources and analysts. There is increasing congestion due to undelivered jets in the parking space at Toulouse airport in…
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