Projects with high social welfare and business justifications are unlikely to see a funding cut. While investors in the U.S. are pouring in funds into shale oil, the Saudi government is looking into ways to recoup its investments, running into… Read More ›
Economy & Finance
Hedge funds and non-public private funds pour in money into U.S. shale
Technological advancements in shale oil have made it possible to significantly slash sunken costs. This is primarily the reason why investors are pouring in funds in the U.S. shale sector knowing that even if it were to hit $40 a… Read More ›
If Trade Spat Endures, Top Flour Exporter Faces Bigger Wheat Bill
If a food-trade spat with Russia isn’t soon resolved, Turkey may have to pay more for wheat despite the fact that it is the world’s biggest flour exporter. Turkey has slapped restrictions on some agriculture imports in retaliation for a… Read More ›
UK Chamber of Shipping underscores the need for a transitory agreement between the EU and Britain
Without a transitory agreement which governs the customs at ports, May is likely to find it hard to provide seamless, frictionless trade. As per the head of Britain’s ports and shopping industry, the introduction of physical customs checks following Brexit… Read More ›
A Start-Up Boom Might Soon Be Witnessed By The Global Aerospace Industry
Francois Chopard, the CEO of aerospace accelerator Starburst Accelerator is of the opinion that the global aerospace industry is fast becoming venture capitalists’ new frontier. Speaking at a TV interview on Wednesday, Chopard said, “We’ve seen a couple of announcements… Read More ›
Army Of Robots Sorting 200,000 Packages A Day Results In Halving Of Worker Costs At A Chinese Firm
In what is being considered as the latest example of how machines are increasingly taking over menial factory work on the mainland China, a video showing an army of little orange robots sorting out packages in a warehouse in eastern China has… Read More ›
Millions In Boeing Dreamliner Costs Expected To Be Saved By Printed Titanium Parts
The first structural titanium parts for its 787 Dreamliner would be built by Norsk Titanium AS who have been hired by Boeing. In a shift in its strat55egy and with the intention to save money, the Norwegian 3-D printing company… Read More ›
The British agricultural sector likely to bear the brunt of Brexit
Here is the likely scenario of the British farmer in a post-Brexit world. It is interesting to see how one referendum has such widespread impact. Following Brexit Britain will be radically overhauling its agricultural policy since it will no longer… Read More ›
Toshiba files quarterly earning without PwC’s endorsement
The move has put immense pressure on the Tokyo Stock Exchange. With the U.S. and Japan huddling together to block a common foe, China, it is to be seen how Foxconn’s offer, which is $10 billion more than Toshiba’s internal… Read More ›
EU to focus on green, risk and infrastructure financing after Brexit
Here’s how the European Commission will steer the bloc after Brexit. The vice president of the European Commission has disclosed that following the Brexit negotiations the bloc will turn its focus towards boosting the green economy, infrastructure and risk finance… Read More ›