Concerned about videos of dangerous pranks putting at danger the lives of people, the posting of such videos that pose challenges to others of duplicating such pranks have been banned on YouTube. It will not allow any of its users to upload prank or challenge videos “that can cause death and/or have caused death in…
A new report from Wealth-X, a firm that tracks global wealth, concluded that there was a 2 per cent growth in the number of wealthy individuals as well as in their collective wealth globally. In 2018, the number of high-net-worth individuals globally was 23 million and they had a combined wealth of $62 trillion. The…
A report prepared for next week’s World Economic Forum in Davos, Switzerland, identified as the most urgent global t\risk to be the ever increasing tension between the world’s major powers which is creating roadblocks to get together collective action to take concrete measures against climate change. According to a survey of around 1,000 experts and…
With the shrinking of the global smartphone market, the force is being most felt by two of the biggest players. Warnings of a drop in sale and consequently profits for the last quarter of 2018 have been issued by both Apple and Samsung. Additionally, another South Korean tech company LG issued warning of a drop…
Hopes of avoidance of a full blown trade war with between China and the United States emerged after the end of a longer than expected trade talks between trade representatives of the two countries came to an end. The detailed results of the three day talks would be made public later, said officials. China’s Foreign…
A block buster and record making merger has been announced by two of the biggest drug companies of the United States. Drug maker Celgene would be taken over by Bristol-Myers Squibb in a cash and stock deal including debt and the value of the deal as announced is worth about between $74bn and $90bn. The…
According to information available from US authorities, three former employees of Swiss investment bank Credit Suisse have been arrested over charges of their role in in a $2bn fraud scheme wihch was linked to companies in Mozambique. While the men were arrested and them released on bail in London, US authorities have sought extradition of…
According to a spokesman from the People’s Bank of China, after the drop in China’s stock market the financial markets in China are safer. The Shanghai composite ended the year on Friday 25 per cent lower for the entire 2018 at 2,493.9 which marks that worst year for the index since 2008. After the index…
Britain’s trade minister Liam Fox has said that if the UK government rejects the European Union withdrawal deal next month, there is a 50-50 chance that Brexit may be stopped. “If we were not to vote for that, I’m not sure I would give it (Brexit) much more than 50-50,” Fox told the Sunday Times…
Scientists are getting great insights into the forces which help in the development of and the evolution of new species through a research which involved the interbreeding between two species of howler monkeys which was conducted by scientists from University of Michigan (UM) in Mexico. The elements of the study included the scientists making use…
