U.S. oil production is rapidly approaching oil production levels of that of Russia and Saudi Arabia. With the shutdown of the Forties North Sea pipeline, a big chunk of the oil supply has been blocked from the market and along… Read More ›
Month: December 2017
Report Says Growing Interest In Microbiome-based Healthcare Applications
There has been enthusiastic media attention in recent year towards the study of the human microbiome. It denotes the trillions of microbes which exist symbiotically in the human body. In areas of health care applications such as therapeutics, metagenomics, and… Read More ›
35 Years Later, Ban On Pubic Cinemas Ended In Saudi Arabia
In what is a first in the last 35 years, Saudis would now be bale to watch movies in theaters in the country. This measure that was announced by the Saudi authorities – allowing public cinemas, is being described as… Read More ›
Nokia’s COO leaves the company for greener pasture
Joerg Erlemeier will now assume the position of Chief Operating Officer at Nokia. On Monday, Finnish telecom network equipment manufacturer Nokia stated, Monika Maurer, its Chief Operating Officer was leaving the company. Maurer will be replaced with Joerg Erlemeier, who… Read More ›
Brookfield Property Partners LP pursuing mall owner GGP Inc with improved offer
A deal would enable the firm to have enough financial and market clout to take on e-commerce giants such as Amazon.com As per sources, GGP Inc, one of the largest owners and operators of U.S. shopping centers, has rejected a… Read More ›
Samsung appoints Joonou Nam as Samsung Heavy Industries’ new CEO
The change at the top follows the shipbuilder’s announcement of its forecast of yet another operating loss for this year. On Monday, in a strategic move Samsung Heavy Industries appointed Joonou Nam as its new chief executive officer after Park… Read More ›
Strong Trade Data For November From China Surprises Some Economists
While the growth in the demand for imports were found to be much less and slowing down compared to what economists had expected, the November data for China’s foreign trade also shows that the exports growth made by the second… Read More ›
Agreement On Ireland Border Deal Heralds Movement In EU-UK Brexit Negotiations
Finally, the European Commission has cleared the path for the second phase of Brexit talks – the trade issues, after it announced that “sufficient progress” has been made by Britain in Brexit talks which were enough for the talks to… Read More ›
Kobe Steel faces class-action lawsuits in Canada
Along with this barrage of canon fire, Japan’s third largest steelmaker is also facing the loss of 2 Japanese Industrial Standards (JIS) badges, which is likely to impact its ability to sell its products to customers. Class-action lawsuits have been… Read More ›
Softbank’s SoftVision Fund to invest $300 million in food delivery startup, DoorDash
San Francisco based DoorDash, is an on-demand restaurant delivery service started by 3 students from Stanford University. SoftBank Group Corp plans on investing nearly $300 million into San Francisco-based food delivery startup DoorDash. The investment will be routed through… Read More ›
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