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Smart glasses: Optic 2000 celebrates 50 years of innovation

Smart glasses: Optic 2000 celebrates 50 years of innovation
The last edition of Las Vegas’ global innovation exhibition has been marked with French eyewear specialist Optic 2000’s 50th anniversary. After decades of focusing mainly on optics and design, the French firm is now addressing the next era of glasses: technology integration.

Researchers Suggest Previous Studies On Smartphone Addiction May Be Flawed

Researchers Suggest Previous Studies On Smartphone Addiction May Be Flawed
Researchers are now suggesting the there are some serious flaws in a large majority of studies and surveys that have been conducted in recent times which examines the impact on the psychological...

Myth Of Positive Health Impact Of Moderate Drinking Debunked In New Study

Myth Of Positive Health Impact Of Moderate Drinking Debunked In New Study
Earlier studies which had given rise to the notion that one or two drinks a day might protect against stroke have been negated in the results of a major genetic study which has also claimed a very...
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Cashless society: making cash disappear will hurt social inclusion

US-Japan Heading For A Trade Deal, But No Agreement On Car Tariffs: Reports

Weak Investor Response Force WeWork To Delays IPO

New Portal Video Chat And TV Streaming Devices Launched By Facebook

Compromise On French Digital Tax Reached Between US And France

Thomas Cook Seeks Bailout Package From The UK Government As Last-Ditch Effort

US Opioid Case: Purdue Pharma Files For Bankruptcy In Its Attempt For A Settlement

Despite US Ban And Google Unavailability, Huawie Unveils Its Mate 30 Series Phones

Settlement In Emission Scandal Worth Millions Reached By Volkswagen In Australia

‘Toughest Ever’ Sanctions On Iran’s Central Bank Imposed By The US

Planned US Farm Visit By After Trade Talks By China Delegation Cancelled

Latest News

Thomas Cook Seeks Bailout Package From The UK Government As Last-Ditch Effort

‘Toughest Ever’ Sanctions On Iran’s Central Bank Imposed By The US

Reader's Pick

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Cashless society: making cash disappear will hurt social inclusion 09/17/2019

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M&S Could Be Relegated From UK’s FTSE 100 Index In A Week 08/30/2019

US Ban On Huawei To Hit The Company By $10-Billion In Revenues 08/23/2019

Latest Business News
Thomas Cook Seeks Bailout Package From The UK Government As Last-Ditch Effort

Thomas Cook Seeks Bailout Package From The UK Government As Last-Ditch Effort

Companies

Travel firm Thomas Cook has sought the help of the United Kingdom government for a bailout package as the company is desperately trying to avoid a collapse after threats from its lenders about not supporting a proposed deal for merger with a Chinese firm, according to a report published in the Financial Times.   The report quoted sources saying that the company was in talks with “multiple”...
Compromise On French Digital Tax Reached Between US And France

Compromise On French Digital Tax Reached Between US And France

Markets

 A compromise solution was reached between the United States and France over the issue of the European nation imposing a new tax on large digital companies which have engulfed a number of United States based companies such as Google and Facebook. The US had taken exception of the new French tax on large digital companies and the tussle had even taken such proportions that analysts were...
New Portal Video Chat And TV Streaming Devices Launched By Facebook

New Portal Video Chat And TV Streaming Devices Launched By Facebook

Companies

Facebook Inc made its first navigation into TV streaming hardware as it unveiled its new models of Portal video chatting devices on Wednesday. The social media giant however offered a small selection of subscription services.   According to analysts, the latest move by the company is being made at a juncture when the company is trying to focus into private forms of communication to a...
Despite US Ban And Google Unavailability, Huawie Unveils Its Mate 30 Series Phones

Despite US Ban And Google Unavailability, Huawie Unveils Its Mate 30 Series Phones

Companies

Chinese tech giant Huawei has revealed its latest flagship phones of its Mate 30 series  - the Mate 30 Pro and the Mate 30, in a grand event in Munich, Germany on Thursday.   However the phones would not have the support of Google and its apps because of the ban on the Huawei by the United States administration.   The new smartphones of the Mate 30 series will have an...
Weak Investor Response Force WeWork To Delays IPO

Weak Investor Response Force WeWork To Delays IPO

Companies

A not so encouraging response from investors to the plans of the launching of initial public offering (IPO) of WeWork owner The We Company has forced it to postpone the plans which were slated to be initiated this month itself, according to reports.   The United States based office-sharing and renting firm was pushing ahead with preparations for launching a road show for investors for its...
US-Japan Heading For A Trade Deal, But No Agreement On Car Tariffs: Reports

US-Japan Heading For A Trade Deal, But No Agreement On Car Tariffs: Reports

Markets

The United States and Japan have agreed on an initial trade deal that could be signed in New York later this month by the US president Donald Trump and Japanese Prime Minister Shinzo Abe, said Trump.     However, reports quoting top Japanese officials claimed that a deal is yet to be arrived at.   Complete details of the trade agreement have not been made public yet....
Cashless society: making cash disappear will hurt social inclusion

Cashless society: making cash disappear will hurt social inclusion

Markets

The battle is discreet but very real: some would like to see cash disappear. Many arguments are put forward on both sides, but the question of the effects of a cashless society on the most vulnerable should be given more consideration. Can cashless society help social inclusion? The intentions may be good, but it’s not that simple in the real world. US San Francisco is considering officially...
US Opioid Case: Purdue Pharma Files For Bankruptcy In Its Attempt For A Settlement

US Opioid Case: Purdue Pharma Files For Bankruptcy In Its Attempt For A Settlement

Companies

Purdue Pharma, one of the companies allegedly behind the opiod crisis in the United States and one that has allegedly minted billions through sale of prescription painkiller OxyContin, has ultimately filed for bankruptcy at White Plains, New York, after thousands of cases related to the opioid crisis were filed against it.   This move by the company was made after a few days since Purdue...
Settlement In Emission Scandal Worth Millions Reached By Volkswagen In Australia

Settlement In Emission Scandal Worth Millions Reached By Volkswagen In Australia

Companies

Two very important Australian class actions filed related in relation to the global diesel emissions scandal have been settled by the Volkswagen Group (VW) and Audi.   According to reports, the payout according to the deal will be between $87 million and $127.1 million, or about $1,400 per car even though the details have not yet been made public because it still requires the approval of...
Attack On Saudi Oil Facility Leaves US With Global Spare Oil Capacity

Attack On Saudi Oil Facility Leaves US With Global Spare Oil Capacity

Markets

While the attack at one of the largest oil facilities in Saudi Arabia is believed to have reduced the capacity of the kingdom to produce oil by half, it has also left the United States to be the only country in the world that has the ability to address the issue of shortage of supply of oil to the global economy.   While on one hand, the US can itself increase its production to meet the...
Hong Kong Stock exchange's $39 billion acquisition offer bluntly rejected by London Stock Exchange

Hong Kong Stock exchange's $39 billion acquisition offer bluntly rejected by London Stock Exchange

Companies

The unilateral offer by the Hong Kong Stock Exchange for purchasing the London Stock Exchange (LSE) for $39 billion was rejected by the LSE on Friday and has decided to continue with its planned acquisition of data and analytics group Refinitiv.   Following the rejection, the path open to the Hong Kong stock exchange (HKEX) now is to go in for a hostile bid and offer a better proposal...
Huawei Founder Offers Sharing Of Its 5G Tech With Western Companies For A Fee

Huawei Founder Offers Sharing Of Its 5G Tech With Western Companies For A Fee

Companies

Huawei has proposed selling off its current 5G know-how to a company in the West so that the security concerns surrounding the company among some of the Western countries and those that have been voiced by the United States president Donald Trump could be addressed. This proposal was made by the chief executive of the Chinese company which is the largest manufacturer of telecommunication...

World

Planned US Farm Visit By After Trade Talks By China Delegation Cancelled

Planned US Farm Visit By After Trade Talks By China Delegation Cancelled
The plan of a Chinese delegation that had come to Washington to take part in the face to face trade negotiations with United States to stay back after the talks to visit US farm areas has been...

‘Toughest Ever’ Sanctions On Iran’s Central Bank Imposed By The US

‘Toughest Ever’ Sanctions On Iran’s Central Bank Imposed By The US
The ‘toughest ever’ sanctions against Iran were announced by on Friday by the United States president Donald Trump while also indicating that there were no plans for any military actions against...

US Sanctions 3 North Korean Hacking Groups Responsible For Global Cyber Attacks

US Sanctions 3 North Korean Hacking Groups Responsible For Global Cyber Attacks
Three North Korean hacking groups have been identified by the United States to have been behind the "WannaCry" ransomware attacks as well as involved in the hacking of international banks and...

Argentina Appeals To Extend Terms Of Private And IMF Debt

Argentina Appeals To Extend Terms Of Private And IMF Debt
Amidst an increased business confidence over financial health of the country fueled by enhanced political tensions before the general elections in October, Argentina is planning to seek an extension...

Balanced Budget Or Aggressive Spending To Boost Economy, The Dilemma For Australia

Balanced Budget Or Aggressive Spending To Boost Economy, The Dilemma For Australia
Four years ago, the Prime Minister of Australia had warned that the country was heading towards “a Greek-style economic future”. He was referring to the economic policies that had been undertaken...

People

Study Claims Cancer Risk Increase From Consuming Sugary Drinks, including Fruit Juice

Study Claims Cancer Risk Increase From Consuming Sugary Drinks, including Fruit Juice
A study by French scientists has claimed that the risk of contracting cancer could be increased by consumption of sugary drinks such as orange juice or soda.   Consuming of sugary soft drinks...

Huawei Related Gov. Meeting Information Leak End In Sacking Of UK Defense Secretary

Huawei Related Gov. Meeting Information Leak End In Sacking Of UK Defense Secretary
Based on the findings of an incident of leak of information of issues discussed during a high-level government meeting over the issues of the Chinese telecom equipment manufacturer Huawei, the United...

Elon Musk And SEC In New Agreement About Discussion Of Tesla’s Finances

Elon Musk And SEC In New Agreement About Discussion Of Tesla’s Finances
An amended filing in U.S. District Court of the Southern District of New York shows that an agreement over his use of twitter has been reached between Tesla CEO Elon Musk and the Securities and...

Japan Prosecutors Arrest Carlos Ghosn Again

Japan Prosecutors Arrest Carlos Ghosn Again
It was less than a month that former Nissan chief Carlos Ghosn, who has been arrested again, had been granted bail. Ghosn was arrested from his home in Tokyo on early Thursday morning over fresh...

Saudis Hacked Phone Of Amazon CEO Bezos To Access Private Data

Saudis Hacked Phone Of Amazon CEO Bezos To Access Private Data
According to the claims of an investigator, the phone of Amazon chief executive Jeff Bezos, the richest man in the world, was hacked by Saudi Arabia to access some of the personal dtat of Bezos....

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