British Prime minister Theresa May announced on Wednesday that as a fall out of the nerve toxin attack on a Russian former double agent in southern England, 23 Russian diplomats would be expelled from the U.K. Britain would reduce its… Read More ›
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Volkswagen’s CEO, Matthias Mueller, pay package soars to $12.47 million a year
Matthias Mueller’s pay package comes in the wake of VW almost doubling its 2017 operating profit despite being weighed down by the U.S. emission scandal. On Tuesday, Volkswagen, EU’s biggest carmaker, reported that it has hiked up its CEO, Matthias… Read More ›
Trade War With U.S. Would Be A ‘Disaster’ For Global Economy: China Says About Trump Tariffs
China continued with its criticism of import tariffs on steel and aluminum imposed by U.S. President Donald Trump even as its commerce minister Zhong Shan said that the world economy would suffer because of its trade war with the United… Read More ›
Increase In U.S. Growth Rate Of Jobs In February
While the rate of job creation in the US increased in the month of February, there was a slowdown in the annual rate of wage growth. According to official figures, expectations of the jobs growth by analysts were surpassed as… Read More ›
South African Hops Becoming More Popular With Craft Brewers
Craft brewers around the world are now feverishly seeking hops from South Africa’s Western Cape. But given the hot and dry climate of the region, growing hops in South Africa is a near impossibility. However, the odds have been thrown… Read More ›
Massive Cyber Hack Forces Crackdown On Cryptocurrency Exchanges By Japan
Following a recent cyber heist of $530 million in Japan that has once again shaken the world of cryptocurrency, trading was halted at two cryptocurrency exchanges forcefully by the authorities in Japan as a part of its crack down on… Read More ›
Levi’s Jean To Reach Markets Much Faster With The Use Of Lasers To Make Jean Instead Of People
The making jeans is getting automated and speeded up by the use of lasers and by Levi Strauss. The process of fading, distressing and ripping would be made more efficient and the use of chemical would be reduced by the… Read More ›
Apple Hands Over Its iCloud Data To Chinese Firm Under Ne Cybersecurity Rules There
Human rights groups and privacy advocates have become worried by the latest move of Apple in China. The iCloud accounts that are registered in mainland China are being moved from the company servers to state run Chinese servers by Apple… Read More ›
Robotics, Vision and Motion Control Industries Set New Growth Records in 2017
New records are being set by the North American robotics, machine vision and motion control markets according to the annual report of the Association for Advancing Automation (A3) – an organization that advocates advantages of automation. “What I find most… Read More ›
U.S. Study Claims Conception Rates Can Predict An Economic Recession
In a period of several months before a recession, there is a fall in the overall rates of women getting according to an academic research done in the US. Economic downturns and recessions can be helped to be predicted by… Read More ›