According to the Saudi firm’s CEO, “the next level” of strategic collaboration between the two countries is represented by just a days-old agreement between a major Saudi company and one of China’s largest enterprises. An agreement was signed on Thursday with Chinese state-owned Sinopec Group for new joint projects by Saudi Basic Industries Corporation (SABIC), a manufacturing company…
It could soon be more expensive to visit one of the world’s hottest and most expensive holiday destinations. Iceland’s government is considering ways of raising taxes in the tourism sector being overwhelmed by a record number of visitors in spite of its far-flung location. Limiting sightseers’ access to the country’s most popular spots wld be…
As center-right Prime Minister Mark Rutte looks on course for victory following the country’s biggest election in a generation, the Dutch establishment held strong under a growing wave of populism. Concerns over a continued rise of populist sentiment across Europe were prompted by the anti-EU Geert Wilders’ Freedom Party appeared to make significant gains and…
Placing charges stemming from the hacking of at least half a billion Yahoo accounts, two Russian intelligence officers and two other people were indicted by the U.S. Department of Justice. The Justice Department said that information about “millions of subscribers” at Yahoo, Google, and other webmail providers were mange to be gained by the defendants that…
The Tag Heuer Connected Modular 45 is the latest Android Wear 2.0 smartwatch. With a price tag of $1,600, it continues the dubious traditions of word salad branding and smartwatches that cost an arm and a leg. This is much more than an Android Wear module in an expensive body, insists Jerry Bautista, vice president…
According to a new report prepared and released from the House of Lords, if politicians can’t do a deal to avoid the costs of leaving the EU customs union, growth in Britain will be damaged. According to 2016 figures from the Office for National Statistics, with almost £357 billion ($431 bn) of goods flowing between…
With the aim of taking a more active role in policing illegal hate speech on their sites, Germany is considering new laws that would force social media platforms such as Facebook and search engines such as Google. Hiring of legally qualified ombudsmen to carry out deletions, forcing companies to set up clear channels for registering complaints and…
With a 4 billion euro ($4.2 billion) lithium-ion battery factory, the price of storing power is being sought to be cut in half by North Volt AB, the Swedish company founded by a former Tesla Inc. Executive. According to founder Peter Carlsson, who was Tesla’s former head of sourcing and supply chains. NorthVolt will announce…
The fall from grace last week for oil may only get worse from here. In a move that came just prior to a market dive that sent prices below $50 a barrel for the first time since December, according to U.S. Commodity Futures Trading Commission data, investors cut bullish wagers on West Texas Intermediate crude…
By installing $25 million worth of battery storage within 100 days, and offering it for free if he missed the target, Tesla Inc boss Elon Musk on Friday offered to save Australia’s most renewable-energy dependent state from blackouts. Fears of more outages across the national electricity market due to tight supplies were stoked and a…
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