Strong Private consumption and government spending have boosted Germany GDP growth rate. As per available economic data, Germany’s GDP rose by 0.7% in the first quarter of this year thanks to higher construction investment and stronger private consumption. Analysts have… Read More ›
Sixteen major banks have been accused of conspiring to manipulate the Libor benchmark interest rate by a US appeals court on Monday which reinstated a civil lawsuit against the banks. the judges warned that the institutions could be bankrupted by the… Read More ›
Debates and discussions are on in Switzerland about giving its people $2,500 a month for doing nothing. A vote that would decide whether the government should replace the various welfare benefits with the introduction of an unconditional basic income is… Read More ›
To ensure that the continent of Europe can benefit from new data-driven technologies, a call for the removal of barriers to the free flow of data both within and outside the 28-nation bloc was given by nearly half of the… Read More ›
With its oil exports taking hard hits due to sanctions, it is now determined to boost its oil production to pre-sanction levels. As per Rokneddin Javadi, Iran’s Deputy Oil Minister, the country has no plans to freeze its oil production… Read More ›
Artificial Intelligence of AI is the new mantra for IT companies in 2016. While one of Google’s AI programs won the complex game of ‘Go’ against the world’s best player, pulling out moves a human mind could not comprehend, other… Read More ›
Tim Cook is being treated as virtual rock star while he visits India on his first trip. Keeping Cook’s bodyguards busy as the Apple Inc. chief executive officer toured the city’s most famous temple, the paparazzi have tailed him since… Read More ›
As part of an overhaul of the EU’s broadcasting rules, Netflix and Amazon’s video streaming services could be forced to devote “at least” 20 per cent of their catalogues to European films and TV shows. Potentially forcing video-on-demand groups to… Read More ›
Foxfire is a freak, even in the world of rare stones. And it is also a freakish incident that saved rare diamond from being discarded as it was found buried in a place where big gem-quality diamonds aren’t supposed to… Read More ›
At a time when high-roller VIP punters are backing off, Casinos in Macau face a growing volume of bad debt provisions, further hitting earnings in the world’s largest gambling hub. The operators in the southern Chinese territory have been prompted… Read More ›
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