Author Archives
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With $84 Billion Spree, Shale Drillers Are Outspending The World
In order to harvest fields that register fat profits even with the recent drop in oil prices, U.S. shale explorers are boosting drilling budgets 10 times faster than the rest of the world. According to analysts at Barclay’s Plc., compared with just… Read More ›
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To Fend Off Populist Threat, EU Wants Tougher Global Trade Rules
In a fresh effort to fend off the inequalities of globalisation that have been seized on by hard-right nationalists such as Marine Le Pen of France, Europe will press the US and China for tougher world trade rules. The European Commission called… Read More ›
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Warding Off Screw Tops And Plastic, Fight Back On By The Once Tainted Cork Industry Of Portugal
Shares in Corticeira Amorim, the world’s largest cork producer, didn’t look like a great bet even a decade ago. Screw tops and plastic stoppers were the cheaper products that were being flirted with by its biggest customer, the wine industry,… Read More ›
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Aging Population And Productivity Are Asia’s Top Problems As Singled Out By The IMF
The International Monetary Fund (IMF) warned in a new report on Tuesday that the medium-term picture in the Asia Pacific region is weighed down by an aging population and sluggish productivity even though the global financial agency says that the long-term… Read More ›
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Oil-Cuts Extension Into 2018 Signaled By Saudi Arabia And Russia
Doubling down on an effort to eliminate a supply surplus just as its impact on prices wanes, Saudi Arabia and Russia signaled they could extend production cuts into 2018. They would consider prolonging their output reductions for longer than the… Read More ›
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Bitcoin Could Rally To $4,000 In A Few Months, Says One Investors As It Hits $1,600 For The First Time
The price of bitcoin could go as high as $4,000 over the next 14 months and according to one investor this cryptocurrency is “fully valued” and could see a pullback in the short term after hitting $1,600 for the first… Read More ›
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While Convincing Doctors, Clinicians To Use A.I. Can Be ‘Tricky’, Even As Experts Say It Can Be A Game-Changer For Health Care
Based on the patient’s medical history matched with a global database of similar cases, a surgeon asking a Siri-like digital assistant in the operations theater about the options available in a risky operation, may not be a science fiction scenario… Read More ›
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As Bid To Boost Oil Price Fizzles, OPEC Runs Out Of Options
OPEC has little choice but to stick with its plan to boost oil prices by cutting production, even though that plans seems to have fizzled. Since the Organization of Petroleum Exporting Countries first agreed production cuts in November, crude has surrendered… Read More ›
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Millions Of Gmail Users Targeted By Massive Phishing Attack
With the intention to gain control of their entire email histories and spread itself to all of their contacts, an unusually sophisticated identity phishing campaign appeared to target Google’s roughly 1 billion Gmail users worldwide, Google has confirmed. Users were… Read More ›
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It Has Started A ‘Dispute Resolution Procedure’, Says Apple Key Supplier Imagination Technologies
Imagination Technologies is beginning a “dispute resolution procedure” with the U.S. technology giant after the two clashed earlier this year, said the key supplier of components for Apple products. Vital components in Apple products allowing high-quality images on its retina displays –… Read More ›
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