Author Archives
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To Make Ocean Tankers Greener And To Cut Fuel, Spinning Sail’ Rebooted
While interacting with the wind rotating columns fixed to ship’s deck cold save up to 10 percent of fuel now even as they were invented a century ago. In a step that could lead to more environmentally friendly tankers worldwide,… Read More ›
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As Political Risks Spike, Sterling Hits Second-Lowest Point Since Brexit Vote
As unfolding political developments added to concerns over the outlook for the U.K., sterling is hovering around its second lowest level against the U.S. dollar since last June’s vote to leave the European Union (EU). Parliamentary approval to trigger Article… Read More ›
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British Minister Says A Brexit Back UP Plan Ready If Talks Fail
Britain’s Brexit minister David Davis said on Sunday that in the unlikely event it has to walk away from divorce talks with the European Union without a deal the country is drawing up contingency plans to mitigate the issues that… Read More ›
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China Reins In Overseas Investment After $225 Billion in Deals Last Year
In a record-breaking number that signaled to the world that Chinese business leaders were hot to haggle, China struck $225 billion in deals to acquire companies abroad last year. Now, China is telling some of its companies to cool it… Read More ›
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Survey Finds Substantial Cash Risks Being Faced By Asian Millennials
Millennials in Asia are expected to carry mortgage debt into retirement or even run out of money as they face a substantial cash risk during their later years,, found a new study. While 90 percent said they expect to be… Read More ›
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Assange Offers Hacking Tools to Tech Companies Following Wikileaks’ Latest Revelation Of CIA’s Hacking
Presenting Silicon Valley with a potential dilemma on how to deal with the anti-secrecy group, Wikileaks founder Julian Assange said that it will provide technology companies with exclusive access to CIA hacking tools that it possesses so they can patch… Read More ›
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Wind Power Blows Through Nuclear, Coal as Costs Plunge at Sea
Unless you add some wind, water and electric power plants don’t mix well naturally. What is being described as an engineering miracle at the very least is developers are putting jumbo-jet sized wind turbines into stormy seas in the renewable… Read More ›
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Important News Floating In Asian Waters Awaits The International Oil Market
Floating storage off Singapore is a less visible number is flashing a warning sign for the global oil industry, say analysts, even as oil prices have been pushed to their lowest levels of 2017 as U.S. crude inventories surged by 8.2… Read More ›
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OECD’s Global Economic Outlook Shows Lots to Worry About
The Organisation for Economic Cooperation and Development is of the view that potential currency volatility, overblown stock markets, or risks from increased trade barriers may not be withstood by the global economy and it may not be strong enough. The… Read More ›
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Cash Registers Isn’t Likely To Get A Ringing By Japan’s Drive To End ‘Death By Overwork’
Proposing fresh legislation limiting overtime, potentially to 45 to 60 hours a month, the Japanese government is taking aim at the workforce’s reputation for long hours. 23 percent of companies have workers putting in more than 80 hours of overtime… Read More ›
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