Cyber attack on Asian ports could cost $110 billion: Lloyd’s of London

A report prepared by University of Cambridge Centre for Risk Studies, on behalf of the Cyber Risk Management (CyRiM) project, in partnership with Lloyd’s, a cyber insurer. On Wednesday, a report backed by Lloyd’s of London stated, a cyber attack on Asian ports could cost a whopping $110 billion equivalent to half of the total…

Saudi Arabia to invest $2 billion into solar & carbon black project

The project will also see the participation of South Korea’s OCI and China’s Longi. As per a statement from a Saudi official, Saudi Arabia plans on developing a $2 billion solar and carbon black integrated complex in partnership with South Korea’s OCI and China’s Longi. A feasibility study for the carbon black and solar project…

China’s state planner approves $8.01 billion for high-speed railway project

The project is aimed at boost regional connectivity and comes in the wake of a slowdown in the domestic economy. On Tuesday, in a development that boost inter-state connectivity, China’s state planner stated, it has approved a high-speed railway project in Shaanxi, a province in northwestern China. The high-speed railway project has a total investment…

Drones and airplanes create history in the world’s busiest airport

This project in Atlanta, home to the world’s busiest airport, is the elusive proof that drones and airplanes can cohabit provided necessary safety factors are included in the planning and implementation stage. You normally wouldn’t put drones and airports in the same sentence due to heightened fear of accidents. However Atlanta’s airport will prove you…