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…
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…
Tesco will settle investigations by the Serious Fraud Office and Financial Conduct Authority into the 2014 accounting scandal that rocked Britain’s biggest retailer and will have to pay out £235 million to do so. Although this deal requires court approval, as part of a deferred prosecution agreement (DPA) with the SFO, it will pay a…
The view point of three quarters of bankers surveyed by consultancy Accenture in a new report is that within the next three years, artificial intelligence (AI) will become the primary way banks interact with their customers. The Accenture Banking Technology Vision 2017 report, which surveyed more than 600 top bankers and also consulted tech industry…
Now an artificial intelligence startup has the answer to how to track an advertisement without watching all of the hundreds of hours of TV shows or online videos to know when the advertiser’s product appears. Videos of all sorts of things like when President Donald Trump appears, or how often a man holding a gun…
The fact that President Donald Trump’s control of immigration and national security isn’t hampered by the state’s lawsuit over his travel ban is proved by the new U.S. government rules prohibiting the use of laptops and other electronic gadgets on flights from eight Muslim-majority nations, says Hawaii’s attorney general. In the manner that had been…
With the hope to ring fence losses ahead of the end of its financial year, Toshiba Corp’s U.S nuclear unit could file for Chapter 11 protection from creditors as early as Tuesday, reported news agency Reuters citing a source with direct knowledge of the matter. But it remains to be seen that whether the complex…
