A 28 per cent year-on-year increase in pre-tax profit for the third quarter was reported by the largest bank of Europe – HSBC, at $5.922 billion. The revenue of the bank also increased by 6.32 per cent year-on-year for the third quarter, and was at $13.798 billion. But according to analyst forecasts compiled by data…
According to the Chief Executive of electric car maker Tesla, Elon Musk, the tweet which created such an uproar and controversy in August and which resulted in a fine of $20 million each from the U.S. Securities and Exchange Commission for the company and Musk personally, was actually “Worth It”. This latest controversial tweet from…
The reparations of the app redesign and the increasing competition from Instagram has resulted in a continuous loss of users of Snapchat. For the three months ending in September, there has been a drop of 1 per cent compared to the previous quarter in the number of daily active users of Snapchat as announced by…
A new low costs system that is capable of providing the required cooling to homes with the use of very little energy has been scaled up by researchers in the US. A highly reflective material made from glass and polymers has been used for the development of a roof-top sized array by the team. During…
More than 8,000 current and former employees of Google can be affected by a -action lawsuit being filed against the company in California by a group of women who had earlier search engine giant on charges of pay discrimination according to a lawyer of the plaintiffs. According to a statement by Jim Finberg, a civil…
United States national security adviser John Bolton said on Firday that Russian President Vladimir Putin has been again invited by the Trump administration to to visit Washington, DC in 2019. “We have invited President Putin to Washington after the first of the year for basically a full day of consultations,” Bolton said at a news…
Climate advisers to the United Kingdom government claims that the government needs to formulate a new strategy to prevent the negative impacts of a rising sea level even as the English coastline is continuously battered by floods and erosion. Such devastating events have already been witnessed by resident in the vulnerable areas such as north…
In the modern world where gadgets are powered by battery sources, an important source of such power are lithium ion batteries that keep out devices – from smartphones to electric vehicles, functional. The growth and popularity of these types of batteries has been accorded to their light weight, high energy density and ability to be…
A new report on the growth of billionaires in the world noted that a new billionaire is created China every week. The report also found that there was an increase of 19 per cent in the collective wealth of the world’s billionaires – with their accumulated wealth reaching a whopping $8.9 trillion last year. In…
48 people which include 13 senior managers have been so far sacked by search engine giant Google since 2016 over allegations of sexual harassment. Google is knowingly being harsh on people on issues of inappropriate conduct and the tech giant has decided to take a “hard line”, said the chief executive of the firm Sundar…
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