By saying that he would champion American states that wanted to secede from the union, the European Commission President Jean-Claude Juncker hit back at Donald Trump’s support for the U.K.’s withdrawal from the European Union. “The newly elected U.S. president was happy that Brexit was taking place and was asking other countries to do the…
As an Australian regulator barred lenders from bargaining collectively for access, Apple Inc. on Friday won a victory in its global fight to prevent banks from introducing their own mobile payment services on Apple devices. Introducing their own mobile applications on iPhones and Apple Watches that could be used for contactless payments instead of the…
FCC’s proposal will result in prices shooting up. The Republican head of the Federal Communications Commission (FCC) has proposed to lower regulatory requirements in the $45 billion business of data services. Companies such as CenturyLink Inc, AT&T Inc and Verizon Communications and others have since long been clamouring for easing of norms. However the proposal…
The luxurious interiors are designed for tourists unlike the mission oriented capsules of SpaceX and the likes. With space tourism inching towards becoming a reality, Jeff Bezos’ Blue Origin has given plenty of glimpses inside its tourism-oriented New Shepard rocket. It has now released the interior photos of its New Shepard’s capsule for its utilitarian spacecraft…
The simple process of the breaking down of organic materials – such as food waste –by microorganisms to produce biogas as a by-product is often termed as anaerobic digestion – or AD, and for many who are no conversant with this term and the process, this may sound like a strange concept. And looking to…
The International Renewable Energy Agency, IRENA, said on Thursday that last year saw global renewable energy generation capacity increase by 161 gigawatts (GW). The planet’s renewable energy capacity had hit an estimated 2,006 GW, by the end of 2016, IRENA said. With 71 GW of new solar energy leading the way, its data showed renewable…
As Saudi Arabian Oil Co. presses ahead with plans to raise $10 billion in debt, the company has set final pricing for its debut Islamic bond, reported the media quoting a person with knowledge of the matter. The person said, asking not to be identified as the information is private, said that debt is being…
After the damaging recall of its fire-prone Note 7 smartphone, you could be forgiven for thinking Samsung Electronics Co Ltd would make a song and dance about battery safety in its new flagship phones, due to be launched in the United States on Wednesday. While many market analysts expected Samsung Electronics Co Ltd to make a…
The repealing of the safety provisions have given rise to a niche market for smaller broadband service providers such as California-based Sonic which offers free VPN services to its customers. With the U.S. Congress repealing rules that govern how internet service providers can use customer data, there is a renewed interest in virtual private networks…
To engineer a turnaround, BlackRock is increasingly focusing on “scientific” data-driven approaches to beat the market. BlackRock Inc, the world’s biggest asset manager, has stated it will be overhauling its actively managed equities business by dropping fees, cutting jobs, and by relying more on computers to pick stocks in a move that underscores the growing…
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