Although it has played down this notion, it has not rejected it and has in fact taken steps towards being one. On Friday, in a significant development, German Foreign Minister talked to his Russian counterpart Sergei Lavrov on the North Korea crisis, said Russia’s Foreign Ministry. On Wednesday Germany had stated it would do everything…
The inability to provide a stable economic, and deliver cohesive governance will have long term consequences for the current U.S. administration. Stock prices across the globe went south for a second day following an exodus of U.S. executives from Donald Trump’s business councils thus dealing a fresh blow to hopes of promised tax reforms. For…
Announcement about working on a new way for mobile phones to transfer large amounts of data without using wires or WiFi connections is expected to be made by a startup backed by Tony Fadell, one of the fathers of the Apple iPod. Samsung Electronics Co Ltd, Foxconn parent Hon Hai Precision Industry Co Ltd and…
The globe’s two biggest emerging economies are squaring off over their shared border while the world has focused on North Korea. A hot spot for increasing military tension in recent months has been China and India’s borderlands, though geographically desolate and inhospitable. Given that both are equipped with nuclear weapons, the situation could escalate even as the two…
The Australian government seeks to empower its financial intelligence watchdog with investigative and enforcement powers. Australia has proposed enabling stronger money laundering laws, including bringing bitcoin providers under the jurisdiction of the its financial intelligence unit, following yet another fresh scandal at one of its biggest banks. The Australian has stated it would table a…
Swiss hearing aid giant Sonova tries to recapture the lead in hearing aid market with the launch of its direct streaming audio hearing aid devices. On Thursday,Swiss-based Sonova launched a new hearing aid that streams audio directly from wireless mobile devices. The launch closes the gap to its Danish peers who have pioneered a similar…
While Hyundai Motor has focussed on fuel cell technology, its peers including Tesla, have surged ahead in battery technology. On Thursday, Hyundai Motor Co disclosed it would be launching a long-range electric vehicle featuring a driving range of at least 311 miles (500 km) per charge after 2021. The annoucement is aimed at addressing investor…
According to report released by the Economist Intelligence Unit on Wednesday, global livability is finally showing some telltale signs of an improvement after 10 years of back-to-back slumps. But, continuing to threaten world living standards is the continued threat of terrorism that includes several high-profile attacks in Europe, said a EIU statement on the report. The…
It was expected that the strategy to clear a global oil glut struck between the OPEC and Russia to succeed within six months. But now it could be years that the battle could last for. Already nine months later than originally expected, next spring, tBottom of Form he Organization of Petroleum Exporting Countries and its…
It would appear that the talks were annulled midst a series of complaints over the usage of spyware developed by the NSO Group and how these would reflect on Blackstone. According to sources familiar with the matter at hand, the Blackstone Group has pulled out of advanced talks to acquire a stake in Israel’s NSO…
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