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EU condemns Iran attack on Israel, fears risk of regional war 10/02/2024

OpenAI raises $4bn credit line 10/04/2024

Surge In Dividend ETFs Attracts Investors Amid Shifts In U.S. Treasury Yields And Stock Valuations 10/06/2024

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Business & Finance

Janet Yellen Brought Down Emerging Markets

Stocks and currencies in emerging markets are falling for the second day against the backdrop of the fact that the statements of the US Federal Reserve’s head Janet Yellen reinforced expectations of key rate for the first time in 10 years. Dynamics of shares of energy companies led to the fall of...

Allegations of Deceptively Collecting Student Data Refuted by Google

In a public post defending its privacy protections, Google denied accusations that it deceptively tracks and stores student data through its education services on Wednesday. “While we appreciate the EFF’s focus on student data privacy, we are confident that our tools...

Yahoo Board to Weigh Selling off its Internet Business: Reuters

Later this week during a meeting, the Board of Yahoo would discuss the prospects of selling of its core Internet business, news agency Reuters reported. Quoting sources close to the company and familiar with the matters, the report said that the debate about the future of the company and that of...

Nokia Virtual Reality Camera to Cost $60,000 but would also be Available on Rent

While Nokia had unveiled Ozo, its high-end virtual reality camera designed to capture video and audio in full, 360-degree glory, the company announced the price of the futuristic device at $60,000. While artists are regularly creating live-action VR content, Ozo is the kind of integrated...

Global LNG Supply Expected to Rise as Iran to Produce LNG from Five Gas Plants in Just Three Years

Iran has pledged to bring five LNG projects on-stream in the next three years. This was announced very recently by Hamidreza Araqi, Chief Executive of the National Iranian Gas Company (NIGC). The short period to bring the projects on-stream would be a remarkable achievement in itself,...

Volkswagen Employees at the Centre of a Emissions Scandal Related Tax Evasion Investigation

German prosecutors have announced an investigation into whether the Volkswagen emission scandal also constituted tax evasion after a couple of months since the German car maker admitted that it had sold up to 11 million cars worldwide fitted with software designed to produce favorable and flawed...

Second Largest Diamond Ever Mined Found in Bostwana

Smaller only than a precious stone carved up to adorn the British crown jewels, the second-largest diamond ever unearthed is a nearly tennis-ball-size gem discovered in Botswana very recently. This giant sized diamond was found last week at the Karowe Mine in Botswana, said Lucara Diamond...

BP Completes Formalities for New Joint Venture with Rosneft

With the Russian state-controlled oil group Rosneft looking to further explore and develop one of the largest oil and gas condensate fields in the Siberian region and is on the lookout for financing, it has got a partner in the form of BP that has acquired a 20% stake in Rosneft’s Eastern Siberia...

Musk's Tesla faces German battle over battery-powered homes

If the dream of Elon Musk of millions of households producing all their own power becomes a reality, it will probably happen first in Germany. But there would be a battle for Musk for market share from the local firms with years of experience in renewable energy. Global interest...

India's InMobi Is Giving Facebook And Google A Run For Their Money

Global IT giants Facebook and Google are being given tough competition in claiming mobile advertising from a very unlikely source – a small Indian startup. Since its very recent inception, mobile advertising has been one of the fastest growing new industries and in this field today,...