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 ›
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EA Says Striking A Balance For The Oil Market Is ‘Very Close’
The head of the oil industry and markets division at the International Energy Agency (IEA), said on Thursday that the global oil market is “slowly but surely” reaching a balance as a result of the success of the OPEC’s deal to… Read More ›
Research Reveals, Least Likely To Accept Medical Treatment From Robots Are Patients In The UK
When it comes to robot-assisted healthcare, according to new research, patients in the U.K. are more skeptical than their international counterparts. Talking to and interacting with an artificially intelligence (AI) device, platform or robot for medical advice, diagnosis and treatment was accepted by less… 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 ›
As North Korean Regime Warns It’s ‘Ready’ For War, It’s Hidden Submarine Threat Is Another Worry
It is not a far-fetched thought as many might think that North Korea ‘s fully submersible submarines firing a nuclear ballistic missile. Pyongyang has shown a willingness to use its submarines for offensive military actions and made major advances in weapons… 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 ›
Economist Says A Global Recession Within The Next 18 Months Has A 60 % Chance Of Beginning
A chief economist at Danish investment firm Saxo Bank said in a TV interview on Monday that as borrowing levels dominate in both China and Europe and “Trump-mania” is set to fade, global growth is expected to slow down significantly… Read More ›
Professor Richard Portes Says Post-Brexit, Both UK And EU-27 Are Going To Be Worse Off
A leading London-based professor says that it may not be the case that the U.K. and the rest of the European Union may want to come out of the Brexit negotiations on a positive note. “Everybody wants win-win, everybody wants… Read More ›
Saying Confrontation Is Not Inevitable, Chinese State Media Cheer Xi-Trump Meeting
A meeting that showed the world that confrontation between the two powers was not inevitable was how the Chinese state media on Saturday described and cheered the meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping. After… Read More ›