Since the defeat of ISIS in Syria in March, Iraq has become an investment opportunity for countries, including Saudi Arabia and the United States, as they seek to counter Iran’s growing influence in the region. At a joint press conference… Read More ›
Creativity
German brake maker Knorr Bremse’s CEO resigns with immediate effect
No reason has been provided by Knorr Bremse for Klaus Deller’s removal as its CEO. Analysts believe Deller’s resignation may not have anything to do with the company’s financial performance or strategy. In a significant development, Knorr Bremse, a brake… Read More ›
Berkshire Hathaway Inc to invest $10 billion in Occidental Petroleum Corp
Warren Buffet’s Berkshire Hathaway aims to help Occidental Petroleum Corp acquire its smaller rival Anadarko Petroleum Corp. In a significant development, Occidental Petroleum Corp disclosed, Warren Buffett’s Berkshire Hathaway Inc will be investing $10 billion in it so as to… Read More ›
Rate Of UK Firms Going Into Administration In Q1 Highest In Five Years
According to official figures in eth United Kingdom, the rate of increase in the number of company administrations reached its highest since the last five years because of continued uncertainty over Brexit and the struggling high street retailers. In the… Read More ›
Amazon Could Upend The US Trucking Industry By Undercutting Prices By A Third
According to FreightWaves, market prices are being undercut by as much as a third by the trial version of the online freight-brokerage platform that is being developed by Amazon. This new etch development by the largest e-retailing company of the… Read More ›
UK Scientists Develop World’s First ‘Biosolar Leaf’ To Purify Air
A pioneering research into enhancing the air quality in White City is being undertaken by Imperial College London in collaboration with startup Arborea. According to the Imperial College, this is the first time ever that such a technology for air… Read More ›
Daimler discontinues sales of Smart mini-cars from U.S., Canada
There is a preference for larger, more efficient EVs that provide more milerange in the U.S. and Canada. Small two-person mini-cars are passe. In a significant development, German automaker Daimler AG stated, it will discontinue the tiny, two-person Smart cars,… Read More ›
European Court of Justice backs EU’s free trade agreement with Canada
In a landmark judgement, the ECJ ruled that provisions of the Comprehensive Economic and Trade Agreement (CETA) are not in breach of EU law. Incidentally, CETA is yet to be full implemented in the EU. On Tuesday, in a significant… Read More ›
Japanese Researchers Want To Use Pigs To Grow Human Organs For Transplantation
According to a report published by Kyodo News use of human cells for growing pancreases in pigs for transplantation is being planned by scientists at the University of Tokyo. According to Professor Hiromitsu Nakauchi, cited in the Kyodo News report… Read More ›
Study Finds ‘Biodegradable’ Plastic Bags Intact After 3 Year Exposure To Natural Elements
A recent study has found that even after being exposed to the natural environment for a period of three years, some plastic bags that were supposed to be bio degradable were intact and in a condition of being still used… Read More ›