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For The First Time Since March, OPEC Oil Production Falls

With several key exporters in the group throttled back production, OPEC's oil output fell in August for the first time since March according to a monthly tally released Tuesday.   According to independent sources that monitor OPEC's production the 14-member cartel pumped 32.76 million...

Blitz To Tax Revenues Of US Tech Giants By EU Driven France

In a change that would wreak havoc with many technology groups' business models in Europe, based on revenues generated in EU countries, Paris and Berlin are mounting a joint offensive to tax internet giants such as Google and Amazon.   National tax codes will be...

iPhone Enthusiasm In China Dampened By $1,000 Price Tag

Hoping that number’s auspicious connotations in China will help turn around fortunes in the world’s biggest smartphone market after six quarters of falling sales, Apple Inc will launch an expected “iPhone 8” on Tuesday.   But with the latest model tipped to have a price tag upward of $1,000...

Atlantic Monster Storms Is Attempted To Be Dodged By Fuel Tankers

In order to stay one step ahead of Mother Nature, traders are shifting fuel tankers around the world like chess pieces.   However, while one natural disaster is difficult enough to trade around, as three hurricanes and an earthquake rattled the western hemisphere, this week, traders have...

Morgan Stanley Says 'Significant Growth Opportunity' For Alcoholic Beverages Presented By Self-Driving Cars

According to a top Wall Street firm, there are more ways to trade the autonomous driving trend than you might think.   On the potential implications of self-driving cars to other consumer industries, Morgan Stanley shared its out-of-the-box ideas and analysis.   "Shared and autonomous...

Over The Next Two Decades, Boeing Predicts China Will Buy $1.1 Trillion Worth Of New Planes

Between now and the year 2036, 7,240 commercial aircraft worth $1.1 trillion will be bought by Chinese airliners according to a forecast by aircraft marker Boeing.     A firm reflection on the belief of Boeing in the prospects of the Chinese airline industry is made by the most recent...

Rejecting Tougher North Korea Sanctions, Putin Echoes China View

Echoing China’s resistance to more punitive measures to pressure Pyongyang into abandoning its atomic and missile programs, after its sixth and most powerful nuclear test, Russian President Vladimir Putin again rejected U.S. calls for new sanctions against North Korea.   The Russian leader...

Chinese Seek 'Silk Road' Riches In Pakistan, Braves Security Fears

In Pakistan across the Himalayas, Beijing has pledged to spend $57 billion on infrastructure projects as part of its “Belt and Road” initiative and Zhang Yang, a businessman from Chongqing in southwest China, is one of a growing number of Chinese pioneers sensing an opportunity in this new region....

French Startup Frustrations Highlighted By Flying Water Taxis Highlight

A clean, fast taxi service for the waterways of major cities is what French yachtsman Alain Thebault wants to turn a boat design into that he used to break a world speed sailing record in 2009.   Thebault expects to raise between 50 to 100 million euros by the end of September as the...

Researchers Say Robot Danger Risks Being Addressed Slowly By Robot Makers

Robot manufacturers in January were warned about nearly 50 vulnerabilities in their home, business and industrial robots, by researchers now say that only a few of the problems have been addressed.   The vulnerabilities would allow hackers to make robots lurch and move violently, putting...

Study Finds U.S. Rail, Bus Service Being Undercut By Cheap Oil

A recent study by researchers at DePaul University has concluded that U.S. bus companies and the Amtrak passenger rail system that bet more consumers would embrace alternatives to driving for trips shorter than 400 miles, are being squeezed by cheap gasoline.   No Amtrak passenger rail...

Agreement To Cap Sugar In Drinks In Singapore Arrived At By Seven Companies Including Coca-Cola, Pespico

While there is rising awareness among consumers about the excessive consumption of sugar in various products, people have been talking about the sugar content in soft drinks.   Singapore is one city state that has been drawing a campaign to fight diabetes and in order to limit the sugar...
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