Until Theresa May agrees to settle Britain’s financial commitments to the bloc, European Union officials are ruling out any discussions with U.K. Prime Minister Theresa May over a post-Brexit trade deal. In the best-case scenario it may take until early… Read More ›
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Thai Oil Giants Hunt For Investments And Are Armed With $11 Billion
Nearly $11 billion combined in cash and marketable securities, such as bonds and other short-term investments are lying with Thailand’s PTT Exploration & Production Pcl and its parent company. And according to Chief Executive Officer Somporn Vongvuthipornchai, in order to rescue… Read More ›
Media Expert Calls For The The Advertising Industry To ‘Cut Off The Air Supply To Fake News’
Attempts to reach mass audiences via digital automated ad placement that may support fake news sites, should be refrained from by the advertisers and the broader ad industry, a media professor has made this call. “[Advertisers] have to cut off… Read More ›
Chip Shares As Collateral For Loans Offered By Toshiba : Reuters
To secure debt refinancing, shares in its memory chip unit to creditors as collateral I being offered by Japan’s crisis-racked Toshiba Corp, reported the news agency Reuters citing people briefed on the matter. A day earlier, the conglomerate said it… Read More ›
To Make Ocean Tankers Greener And To Cut Fuel, Spinning Sail’ Rebooted
While interacting with the wind rotating columns fixed to ship’s deck cold save up to 10 percent of fuel now even as they were invented a century ago. In a step that could lead to more environmentally friendly tankers worldwide,… Read More ›
British Minister Says A Brexit Back UP Plan Ready If Talks Fail
Britain’s Brexit minister David Davis said on Sunday that in the unlikely event it has to walk away from divorce talks with the European Union without a deal the country is drawing up contingency plans to mitigate the issues that… Read More ›
China Reins In Overseas Investment After $225 Billion in Deals Last Year
In a record-breaking number that signaled to the world that Chinese business leaders were hot to haggle, China struck $225 billion in deals to acquire companies abroad last year. Now, China is telling some of its companies to cool it… Read More ›
Survey Finds Substantial Cash Risks Being Faced By Asian Millennials
Millennials in Asia are expected to carry mortgage debt into retirement or even run out of money as they face a substantial cash risk during their later years,, found a new study. While 90 percent said they expect to be… Read More ›
Assange Offers Hacking Tools to Tech Companies Following Wikileaks’ Latest Revelation Of CIA’s Hacking
Presenting Silicon Valley with a potential dilemma on how to deal with the anti-secrecy group, Wikileaks founder Julian Assange said that it will provide technology companies with exclusive access to CIA hacking tools that it possesses so they can patch… Read More ›
Wind Power Blows Through Nuclear, Coal as Costs Plunge at Sea
Unless you add some wind, water and electric power plants don’t mix well naturally. What is being described as an engineering miracle at the very least is developers are putting jumbo-jet sized wind turbines into stormy seas in the renewable… Read More ›