Offering areas of new business for specialist companies which have benefited from the use of such technology in smartphones, a tap of a finger could soon suffice to identify credit card shoppers and rail commuters. Having already become the market leader in a crowded sector for supplying such sensors for smartphones, Sweden’s Fingerprint Cards (FPC)…
The raft of headwinds – from concerns over China to a seismic shift in consumer tastes, weighing on luxury brands means the sector may be forced to embrace a new normal, suggest analysts. “The luxury sector and the largest companies within it need to adjust to a new normal,” Luca Solca, head of luxury goods…
A new generation of weapons that are increasingly capable of targeting and attacking without the involvement of people require the maintaining human control over them, says two international arms control groups in a report. An emerging United States military strategy that will count on technology advantages and increasingly depend on weapons systems that blend humans…
The safe landing of a first-stage rocket on a barge in the Atlantic, at the fifth attempt marked another significant step forward in the efforts by SpaceX, the space launch provider founded by Elon Musk, to make its rockets truly reusable. The company had in December successfully made possible the return of a first-stage rocket…
Citing sources familiar with the matter Bloomberg reported that NXP Semiconductors NV is considering a sale of its standard products business and has received interest from Chinese buyers. NXP makes semiconductor parts such as diodes, transistors and other standard chip products used in consumer electronics such as phones, television sets and cars. Sources that were…
A criminal investigations has been by the British Serious Fraud Office has been prompted by the suspension of two senior Tata Steel executives along with 10 other people suspended over forgery allegations. Mark Broxholme, the managing director of the company’s specialty steels and bar business was suspended last November, reported The Guardian. Another senior executive…
There seems to be lesser chances of Syrian President Bashar al-Assad stepping aside to allow a transition Western powers claim is the solution to the conflict even as the Syria peace talks resume next week and Assad, backed militarily by Iran and Russia, shows no willingness to compromise. After Russian air strikes reversed the tide…
India is becoming the new China in the energy world. As India’s economy expands by luring the type of manufacturing that China is trying to shun, the world’s second-most populous nation is increasingly becoming the center for oil demand growth. India is trying to hedge its future energy needs by investing in new production at…
Due diligence on the loss-making UK assets of its Port Talbot plant that Tata Steel has put up for sale would begin from Monday by the Liberty House Group who is slated to buy the plants. The chef of the group Sanjeev Gupta also said that with governmental help, his company is confident of turning…
In an effort to expand its areas for testing of self driven cars, Alphabet Inc is will start test of such cars in Phoenix, Arizona metro area, the company said on Thursday. This move would make Phoenix the fourth U.S. city to serve as a proving ground for the autonomous vehicles. Last summer, the company’s…
