Norway is now making waves when it comes to clean energy despite being a big player in fossil fuels. With hydropower a crucial part of the mix of clean energy sources, 98 percent of its “electricity production” comes from renewable sources, the Norwegian government has said. Norway is home to an abundance of natural resources…
Even though American’s say that the wastage of 130 billion pounds of food (PDF) makes them feel bad, they however don’t do anything about it. They are aware of the scale of this $160 billion (PDF) problem, said more than half the respondents in a new national survey. While 51 percent said it would be difficult to reduce…
A senior HSBC banker has been charged him with fraudulently rigging a multibillion-dollar currency exchange deal after he was arrested by the FBI as he attempted to board a transatlantic flight. Allegations to have “corruptly manipulated the foreign exchange market to benefit themselves and their bank” and of “defrauding clients” have been leveled against Mark…
As a niche sport for those interested in seeing combatants pummel one another in an octagonal cage the Ultimate Fighting Championship seemed for years to be a curio. However an eye-popping price tag is now commanded by U.F.C. as it has become a global sports empire. People with direct knowledge of the matter told media…
Andy Rubin helped create the world’s largest operating system – the Android platform. During the Bloomberg Technology Conference, he talks about the coming of age of a conscious computer controlled by Artificial Intelligence. This isn’t science fiction, but science fact. It is coming. Although, Andy Rubin was one of those who helped invent the Android…
As Amazon looks to step up its challenge to local e-commerce players in India, the US online retail giant announced the decision of investing $3 billion in India this year. The announcement was made by the chief executive f the company Jeff Bezos. Bringing Amazon’s total investment in India to $5 billion, the new money…
A new report from UNESCO, the United Nations Environment Programme (UNEP) and the Union of Concerned Scientists (UCS) claims that climate change is “fast becoming one of the most significant risks for world heritage sites worldwide”. Some of the world’s most famous sites that are being impacted by climate change are highlighted in the latest…
A 5000 year old beer recipe uncovered in China shows that people there were importing a critical ingredient from thousands of miles away which has made the finding “surprising” according to researchers. Jugs, pots and funnels — containing remnants of mashed grains and other starches – all parts of cache of ancient brewing equipment were…
A crucial week in which the future of the struggling British business is likely to be decided in its Indian parent company’s boardroom would have a final list of the potential buyers of Tata Steel UK as the final bids have been submitted from the interested parties. There is a slim chance that a single favored…
As Samsung looks to expand its footprint in the world’s second-largest economy, the South Korean company has struck a partnership with Alipay, China’s biggest payments service that is run by Alibaba affiliate Ant Financial. Alipay at resent is placed as a separate app on devices. When a customer goes to pay for something in-store, they have…
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