Contributing to the shake-up of supply flows across the globe are crude purchases in one corner of the oil market by a Chinese trader. Data compiled by Bloomberg show that loading as part of an assessment process operated by Platts used to set price benchmarks, China National United Oil Co. last month bought at least…
The startup plans on releasing a fleet of self-driving taxis for the 2020 Tokyo Olympics ZMP Inc, a Japanese robotics startup is set to be listed in the Tokyo Stock Exchange in the coming months. In 2016, ZMP was all set for its initial public offering, but it had to postpone since a client’s information…
Change has to come from the inside … A boycott movement which registered more than 200,000 account deletions from employees, convinced Travis Kalanick, Uber’s CEO, to end his tenure at U.S. President Donald Trump’s economic advisory council. However, SpaceX and Tesla’s CEO, Elon Musk has yet to be convinced as how why he should withdraw…
Industry experts are of the view that a gap in insurance policies is leaving the shipping industry vulnerable and the industry is increasingly at risk from cybersecurity attacks. As hackers become more capable, Cybersecurity has come into focus across the economy. Meanwhile, ships are more reliant on a range of electronic devices to operate. “This…
Germany’s business leaders say there’s a problem with the new president’s “America First” policy with Donald Trump stepping up criticism of the country’s colossal trade surplus. U.S. consumers and workers are the likely losers from many of his proposed restrictions, they say. After a top Trump administration official criticized German trade policies, the perils of…
Its AR lenses allows just about any object to be used as a billboard. In the next iteration of Snapchat’s Lenses could be a significant evolutionary step: The Information has reported that Snap. Inc is developing a smarter version of its world lenses and cute filters which could overlay images, including advertising, onto almost any real-world…
The mosquito borne virus known as Zika was declared to be an international public health emergency by the World health Organization (WHO) exactly one year ago. But the number of global infections continues to rise despite the best efforts of health officials, even though according to a WHO statement in November, Zika is no longer…
Samsung has started sending out invites for the Mobile World Congress 2017. Samsung has just sent out invites for the Mobile World Congress 2017, however before your expectations get the better of you, do note that it is expected to release its next flagship, the Galaxy S8 in March. Nevertheless, let that not pour cold…
General Motor has quietly stopped producing the Spark EV since the summer of 2016. Why would consumers stick to an older model when the upgraded version offers a distinctly superior technology? General Motors has apparently read our thoughts. The auto manufacturer has confirmed to Detroit News that following the arrival of the Chevy Bolt it has…
Researchers from University of California, Riverside have developed natural-life algorithms for hybrid cars that have boosted fuel economy by 30%. Hybrid vehicles have got a new shot in the arm: researchers have concluded that plug-in hybrid cars could be made a lot more efficient in their fuel usage. It turns out that while starting in…
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