To help shoppers decide what gifts they most want for Christmas, Ebay is using “emotional recognition technology”. Shoppers can enter a booth containing a screen, headphones and a camera, and browse items to find out which ones they “emotionally connect with” at a pop-up store in London which the online private auction site opened on Tuesday.…
Since August this year, researchers say that most of the million Google accounts breached by malware infections dubbed “Gooligan” are based in Asia and hence the region has become the ground zero for malware which is aimed at Android operating systems. Researchers from Check Point Software Technologies said that the new malware is able to…
In order to boost mainstream acceptance of electric cars, four of the world’s top carmakers have agreed to invest in thousands of fast-charging sites across Europe, the companies said on Tuesday. German rivals Volkswagen, Daimler’s Mercedes, BMW an Ford Motor Co’s European division have entered a joint venture to develop 400 charging stations, spurred by…
As trading desks await the outcome of a ballot that again has the potential to disturb the political order, they are readying for another sleepless night on Dec. 4 after the shock of Britain’s Brexit referendum and Donald Trump’s U.S. presidential election victory. In what is the latest potential banana skin for investors, a judgment on…
Saudi Arabia has had its way at OPEC for decades now. But now Riyadh finds its power waning against a resurgent Iran and Iraq all of a sudden as the position has turned. By hinting it’s prepared to walk away from the negotiations, Saudi Arabia is trying to reassert its authority as Organization of Petroleum…
Tech giant Samsung Electronics Co Ltd will consider creating a holding company in what would be the biggest shake-up in its 47-year history as the company is under pressure from shareholders to improve investor returns, the company said on Tuesday. After a call for the South Korean firm to split itself into a holding vehicle…
As a rare, public backer of Britain’s exit from the European Union, Jim Mellon stood out among investors in 2016. Now another breakup is being forecast by the chairman of the Burnbrae Group. Mellon predicts that the euro would splinter within the next five years and the currency union will become a future casualty of…
As crude prices continue their recovery from a 12-year low, investors in the world’s biggest energy producers have some cause for hope after two tough years of falling oil prices and company valuations. Those investors will be looking to OPEC not to dash this trend. According to data compiled by Bloomberg, in six years following…
Capable of spreading around the world, disrupting ecosystems and becoming a pest for humans, a species of ant in the forests of Ethiopia looks poised to become a globally invasive species. Signs that “supercolonies,” which are colonies comprised of more than one nest, are being exhibited by the species Lepisiota canescens. And a key step to…
As disagreements about how to share the burden of supply cuts stood in the way of a deal to boost prices just days before a make-or-break meeting in Vienna, Saudi Arabia pulled out of planned talks with non-OPEC nations including Russia. Before a ministerial meeting in Vienna two days later, OPEC officials were scheduled to…
