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Lifestyle

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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10,000 Jobs At Mercedes-Benz Owner Daimler To Be Cut Worldwide

FAA Plans Individual Review Of All Boeing 737 Max Planes

EU To Respond Strongly Against US Tariff Threat Against France, Claims Paris

Huawei Was Close To Be Banned From US Financial System Last Year: Reuters

EU To Probe Google And Facebook Over Data Usage Issues

Uber’s European Rival Bolt To Break Even In Most Of Its Markets, Says CEO

A Battery Joint Venture To Be Set Up By GM And LG Chem In US

More Scrutiny Could Be Accorded By Pichai To Alphabet's Moonshot Ventures

Latest News

More Scrutiny Could Be Accorded By Pichai To Alphabet's Moonshot Ventures

A Battery Joint Venture To Be Set Up By GM And LG Chem In US

Reader's Pick

Microsoft To Probe An Israeli Firm It Invested In About Unethical Use Of Tech 11/17/2019

Alibaba Cleared To Sell Stocks And Hong Kong Stock Exchange 11/13/2019

Nutri-Score Nutrition-Labels On Products To Be Put In Europe By Nestle 11/27/2019

10,000 Jobs At Mercedes-Benz Owner Daimler To Be Cut Worldwide 11/29/2019

FAA Plans Individual Review Of All Boeing 737 Max Planes 11/29/2019

Latest Business News
More Scrutiny Could Be Accorded By Pichai To Alphabet's Moonshot Ventures

More Scrutiny Could Be Accorded By Pichai To Alphabet's Moonshot Ventures

Companies

A section of Alphabet investors are hoping that a hard look at the cash-burning ventures that were strongly supported by the founders of Google will now be scrutinized extensively following the change of leadership  at the company with the stepping down of both the founders.   After looking after the company affairs for 21 years, both the co-founders of Google Larry Page and Sergey...
A Battery Joint Venture To Be Set Up By GM And LG Chem In US

A Battery Joint Venture To Be Set Up By GM And LG Chem In US

Companies

South Korean firm LG  Chem announced the setting up of a joint venture with the United States based auto giant General Motors. The firm said that it would make an investment of $916 million in the project through its US subsidiary by 2023. The two companies would be working together to develop a an electric vehicle battery making facility in the US.   This news was first published by...
Uber’s European Rival Bolt To Break Even In Most Of Its Markets, Says CEO

Uber’s European Rival Bolt To Break Even In Most Of Its Markets, Says CEO

Companies

One of the major competitors for the loss making US ride hailing startup Uber – the Estonian ride-hailing firm Bolt, claimed that in the majority of the countries it operates in, it is starting to break even.   The CEO of the company Markus Villig said in an interview to a television channel that in two thirds of the markets that it operates in, the company is now either making profits or...
EU To Probe Google And Facebook Over Data Usage Issues

EU To Probe Google And Facebook Over Data Usage Issues

Companies

The multibillion dollar advertising business of Google and Facebook is once against put under the scanner as the top antitrust regulator of the European Union is set to investigate how these two companies utilize user data.   A preliminary probe into the manner in which Google and Facebook gather, process, use and monetize data for advertising purposes has already been initiated by the...
Huawei Was Close To Be Banned From US Financial System Last Year: Reuters

Huawei Was Close To Be Banned From US Financial System Last Year: Reuters

Companies

The Chinese telecom equipment maker Huawei was planned to be completely banned from the financial system of the United States earlier this year as a part of the policy of the US government to prevent the company, which had been blacklisted by the US government, from doing business in the US, said a report published by the news agency Reuters quoting source information.   The report claimed...
EU To Respond Strongly Against US Tariff Threat Against France, Claims Paris

EU To Respond Strongly Against US Tariff Threat Against France, Claims Paris

Markets

While saying that the threat by the United States’ Trump administration to impose up to 100 per cent import tariffs on French goods exported to the US worth ‎€2.17 billion was "unacceptable", the French Finance minister Bruno Le Maire said on Monday that if the US actually implemented the threat, the tariffs would see a strong response from the European Union.   The French items likely to...
10,000 Jobs At Mercedes-Benz Owner Daimler To Be Cut Worldwide

10,000 Jobs At Mercedes-Benz Owner Daimler To Be Cut Worldwide

Companies

A switch to manufacturing of electric cars will see the German carmaker Daimler, ownwer of the global brand Mercedes-Benz, will lay off at least 10,000 jobs, the company has said, it said tat the money saved from the job cuts will help to finance its electric car production efforts.   The number of jobs lost would be "in the five figures", said Daimler personnel chief Wilfried Porth while...
FAA Plans Individual Review Of All Boeing 737 Max Planes

FAA Plans Individual Review Of All Boeing 737 Max Planes

Companies

The already delayed fir certification process for Boeing’s 737 Max planes was hit another blow after the United States Federal Aviation Administration was reported to be planning to conduct individual checks and reviews of hundreds of new Boeing 737 Max planes before they are delivered to customers.   Hundreds of Boeing 737 Max planes have been grounded in March all across the world this...
Criminal Probe Of Opioid Makers and Distributors Initiated By US Prosecutors

Criminal Probe Of Opioid Makers and Distributors Initiated By US Prosecutors

Companies

Multiple reports citing regulatory filings say that criminal investigations have been initiated by the United States federal prosecutors over the alleged shipping of large quantities of opiod painkiller drugs into and within the country which ultimately led to a health crisis with many deaths because of addiction to the painkillers especially among the youth.    Regulatory filings...
Nutri-Score Nutrition-Labels On Products To Be Put In Europe By Nestle

Nutri-Score Nutrition-Labels On Products To Be Put In Europe By Nestle

Companies

With the aim of helping its customers to make better purchase choices based on the healthiness of the food of consuming, Nestle has decided to print its food products ratings based on the nutritional value of the food, the packaged food company has said.   This new packaging strategy will begin in the first half of 2020 and the new labeling system will use colors and will be launched in...
Data Filed In Chicago Reveals Uber's Carpool Pricing Strategy, Reports Reuters

Data Filed In Chicago Reveals Uber's Carpool Pricing Strategy, Reports Reuters

Companies

One of the closely kept secrets of ride hailing companies Uber and Lyft is how much the companies charge from customers availing their services throughout the day.   However revelation of that internal data by Uber because of a law in Chicago, which mandates the companies to disclose fare data, for the first time gives a glimpse of how at least one of the ride hailing companies is trying...
Refinitiv’s Acquisition Offer Of LSE Approved By The Former’s Shareholders

Refinitiv’s Acquisition Offer Of LSE Approved By The Former’s Shareholders

M&A

The proposal to be acquired by Refinitiv in a deal that is worth $27 billion was presented to be voted by the shareholders of the London Stock Exchange Group plc. The results of the General Meeting held earlier on Tuesday showed that the vast majority of LSEG shareholders voted in favour of the LSEG being taken over by Refinitivm the LSEG said.   Earlier the proposal for acquisition was...

World

Scientists Find Way To Easily Find Source Of Geothermal Energy, Can Lead To A Boom

Scientists Find Way To Easily Find Source Of Geothermal Energy, Can Lead To A Boom
It is touted that one of the cleanest sources of energy is geothermal energy because it is free of any carbon emissions, is renewable and efficient, so much so that even those who are indifferent to...

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...

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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