
Debdutta Ghosh
Economics
Oil Over Supply Forces Goldman Sachs to Cut Oil Forecast
Goldman Sachs cut its forecast for Brent and WTI crude through 2016 on the expectation that the glut will persist on Opec production growth, resilient non-Opec supply and slowing demand
Published on September 11, 2015
By Debdutta Ghosh
Business & Finance
Diamonds are 29% Cheaper than a Year Ago, Fall in Global Prices of Other Jewels
With prices for the gemstone down as much as 29 percent since last year, it is perhaps time for a splash on some investment jewellery. As the Chinese stock market
Published on September 11, 2015
By Debdutta Ghosh
Business & Finance
Apple Launches iPadPro Along With Apple Pencil and Smart Keyboard as Add-ons
In a much hyped and talked about launch event, Apple unveiled the much rumored and speculated iPad Pro. Apple made this launch at a special press event in San Francisco
Published on September 9, 2015
By Debdutta Ghosh
Business & Finance
Spinoof Denial by IRS to Derail Yahoo’s Plans to Gain from Alibaba Deal
Dealing a setback blow to Yahoo Inc.โs tax-free plan to spin off some $23 billion worth of shares in Alibaba Group Holding Ltd, the federal government denied the internet company
Published on September 9, 2015
By Debdutta Ghosh
Economics
UK Oil Production to Rise for First Time in 15 Years, Even as 65,000 Jobs Were Lost
In an environment where the global crude oil prices have more than halved over the last one year, the oil and gas production from Britainโs waters is set to increase
Published on September 9, 2015
By Debdutta Ghosh
World & Politics
After the Last Oil Fields, ISIS Captures Air Base in Idlib Province in Syria
Increasing pressure on government-held coastal areas north of the capital, Syrian troops have reportedly pulled out of a major air base in North Western Syria after a two-year siege by
Published on September 9, 2015
By Debdutta Ghosh
World & Politics
Europe Should Welcome Refugees, Agree to Mandatory Refugee Sharing System – Jean-Claude Juncker
Toeing the lines of the German Councilor Angela Merkel, the President of the European Commission, Jean-Claude Juncker, on Wednesday, urged the member countries to agree to a mandatory system of
Published on September 9, 2015
By Debdutta Ghosh
World & Politics
SPY Act Answer to In-vehicle Safety of Connected Cars
The threat of vehicle cyber security to customers as well as car manufacturers is immense as the connected car market grows and expands. Mid-year calls due to breach in connected
Published on September 8, 2015
By Debdutta Ghosh
Business & Finance
‘Dawn’ – New Convertible From Rolls Royce Unveiled
Tipped to be “the quietest open-top car ever made”, Dawn, the new convertible from Rolls-Royce inspired by a nameplate delivered to customers for a four-year stretch in the 1950s, is
Published on September 8, 2015
By Debdutta Ghosh
Business & Finance
GE Gets Nod from EC and DoJ to Complete Historic Acquisition of Alstom
The largest ever acquisition by General Electric was given the green signal by the European Commission (EC) and the Department of Justice. GE can now go ahead with its proposed
Published on September 8, 2015
By Debdutta Ghosh
World & Politics
New Flavoured Whiskey Emerges After Ageing on Board the International Space Station
Samples of whiskey aged in space has produced new flavours, claims a report by whisky distiller Ardbeg who conducted an experiment by comparing the tastes and flavours of whiskey aged
Published on September 8, 2015
By Debdutta Ghosh
Economics
Climate Friendly Cities Could Save the World $22tn: Global Commission Report
The world could save more than $22 trillion by 2050 if governments in various countries try and expand the public transport system, stress on the building and the use of
Published on September 8, 2015
By Debdutta Ghosh
World & Politics
British Air Strike Kills Two British ISIS Fighters, France to Begin Arial Reconnaissance
An unprecedented air strike in Syria, earlier authorized by the UK government, killed two Britons fighting with Islamic State, David Cameron has announced. Reyaad Khan, a 21-year-old from Cardiff who
Published on September 7, 2015
By Debdutta Ghosh
Economics
Plunge in Oil Prices has Left 5000 Jobless in the North Sea Oil Fields in One Year
The declining global oil prices have not only shattered the market but have also resulted in the loss of than 5,000 jobs since last year in the North Sea oil
Published on September 7, 2015
By Debdutta Ghosh
Business & Finance
Apple Increases Hiring for Artificial Intelligence, Possible Preparations to Challenge Google
With a possible intention to challenge Google in an area the Internet search giant has long dominated, Apple has spruced up its efforts to hiring of artificial intelligence experts, reports
Published on September 7, 2015
By Debdutta Ghosh
Business & Finance
Kokomo Island: The World’s Only Island for Private Submarines
The worldโs first and only island for private submarines would be showcased at the Monaco Yacht Show, repots Forbes. The first pictures were released by the builders of the island,
Published on September 7, 2015
By Debdutta Ghosh
Business & Finance
BlackBerry to Buy Good Technology for $425 Million
To enable its corporate clients manage smartphones running on different operating systems, Canadaโs BlackBerry Ltd announced their intention of buying rival mobile software provider Good Technology Corp for $425 million.
Published on September 7, 2015
By Debdutta Ghosh
World & Politics
EU Refugee Crisis Escalates as Leaders Scramble to Agree on a Universally Acceptable Solution
The fate of the 364,183 migrants who have landed on the continentโs southern shores in 2015 are still uncertain as the European leaders continue to argue over who ought to
Published on September 4, 2015
By Debdutta Ghosh
Economics
Rental Income in US Likely to Slow Down after Few More Years
Rental vacancy, the space available for rent, dropped below the lowest point in 30 years which has resulted in net rentals income getting nearly double than what they were about
Published on September 4, 2015
By Debdutta Ghosh
Economics
Rate Hike by US Fed May be Delayed Due to Slower Job Growth Data of August
173,000 jobs were added to the American economy in August, which, according to analysts is a weaker than expected result and which could delay the long-awaited increase in interest rates
Published on September 4, 2015
By Debdutta Ghosh
Business & Finance
Apple Inc. to Revamp Apple TV, Aims to Gain Toehold into User Residences
Apple Inc. is expected to unveil an upgraded Apple TV, a device similar to a set-top box that brings video and music from the Internet to a television, said media
Published on September 4, 2015
By Debdutta Ghosh
Business & Finance
Aircraft Leasing Company Avolon Bought by Chinese Group for $2.5 Billion
In a deal valuing its equity at just over $2.5 billion, the bidding battle for Avolon, the Dublin-based aircraft leasing company, was won over by Bohai Leasing, a unit of
Published on September 4, 2015
By Debdutta Ghosh
Economics
Do Not Hike Interest Rates Yet: IMF to G20 Countries
Citing the presence of too many risks to global growth, the International Monetary Fund warned the world’s biggest economies against raising interest rates too soon. The Fund suggested “growth supportive
Published on September 3, 2015
By Debdutta Ghosh
Business & Finance
Samsungโs SmartThings Internet of Things Hub Launched
Continuing its hunt for greater smart technologies and following up on its April 2014 acquisition of Smart Things, the startup that created one of the most advertised hubs for the
Published on September 3, 2015
By Debdutta Ghosh
Business & Finance
2.5% Rise in Steel Demand Expected Across China and the Rest of the World in the Next 15 Years: Rio Tinto
Rio Tinto PLC, one the world leaders in the production of many commodities including aluminium, iron ore, copper, uranium, coal, and diamonds, is optimistic about the near future of the
Published on September 3, 2015
By Debdutta Ghosh
World & Politics
EU Migrant Crisis: Eurostar Trains Held Up Overnight After Tresspassers Climb on Trains
Hundreds of passengers were trapped in a Eurostar train for an entire night on Wednesday due to disruptions by migrants. The Eurostar trains experienced long delays overnight and some of
Published on September 3, 2015
By Debdutta Ghosh
Business & Finance
95 Million Less Cigarette Packs Sold After CVS Tobacco Ban in Its Retail Pharmacy Stores
An analysis of the retail market data in the US by CVS Health shows that there has been a reduction of reduction of at least 95 million packets of cigarettes
Published on September 3, 2015
By Debdutta Ghosh
Business & Finance
Asian Electronics Companies Steal The Show At IFA 2015, US Giants Absent
Asian IT and electronic companies like of Samsung, Huawei, Lenovo, Sony stole the show at the Europe’s largest consumer electronics show, prompted by the absence of major US companies like
Published on September 2, 2015
By Debdutta Ghosh
Business & Finance
TESCO Reported to Have Finalized Bidder for its South Korean Business Sell Off
In an attempt to cut its ยฃ22bn debts and fund a turnaround plan as it recovers from an accounting scandal, UK supermarket giant Tesco has chosen private equity firm MBK
Published on September 2, 2015
By Debdutta Ghosh
Business & Finance
Tanium, The World’s Hottest Cybersecurity Startup, Makes Father Son Duo Billionaires in Just 3 Years
The father and son due inventor and co-founder of Tauim, a cybersecurity startup that helps protect governments and many of the worldโs largest companies including Amazon, Target, Visa, and Verizo,
Published on September 2, 2015
By Debdutta Ghosh
Business & Finance
Native Mobile Video Ads Support For Developers Yahoo’s New Strategy to Boost Revenue
Yahoo plans to boost growth in both its topline and bottom line by enabling mobile developers integrate their native video ads into their apps as users. This move by the
Published on September 2, 2015
By Debdutta Ghosh
Business & Finance
Aerospace Industry Outlook Optimistic, Fuel Price Volatility and Interest Rate Hikes Areas of Concern: Finds a Survey
The aerospace industry is well placed to perform well in the short term but the worrying factors for the industry are the looming interest rate hikes and fuel price volatility,
Published on September 2, 2015
By Debdutta Ghosh
Business & Finance
Amazon Beats Netflix to Off-line Video Streaming and Download
User of Amazon would now be able to download television shows and movies via its streaming service to watch while offline on pretty much all mobile devices, the company announced
Published on September 1, 2015
By Debdutta Ghosh
World & Politics
EU needs a unified European migration policy: Angela Merkel
As the EU refugee crisis deepens, German Chancellor Angela Merkel on Monday called for greater EU co-operation on the issue and implicitly called for other countries to welcome more refugees.
Published on September 1, 2015
By Debdutta Ghosh
Economics
Canadian Economy Shrinks for Second Consecutive Quarter, Fears of Economic Recession Mounts
For the first time since the financial crisis there was a shrinking in the Canadian economy in the second quarter and put the country in recession. The shrinkage has been
Published on September 1, 2015
By Debdutta Ghosh
World & Politics
Bartender Wins $1 Million in Lottery From $20 dollar He Found on the Street
20 dollars is worth 1 million. Thatโs what bare tender Bartender Hubert Tang fond out after he bought two $10 scratch-off tickets with $20 he found lying on the streets
Published on September 1, 2015
By Debdutta Ghosh
Business & Finance
Toyota Sale in August Drops y-o-y, Lexus Has the Best Ever Month
Sale of Toyota Motor Sales, USA decreased by 8.8 percent in August 2015 on a volume basis compared to the same period last year. The company managed to sell 224,381
Published on September 1, 2015
By Debdutta Ghosh
World & Politics
After Reporter and Financial Executives, 197 Detained in China for Spreading On-line Rumours
197 people in China have been charged and punished allegedly for committing crimes related to spreading of rumours on-line. The Chinese Ministry of Public Security, while announcing this did not
Published on August 31, 2015
By Debdutta Ghosh
Business & Finance
Hotels Offer Innovative Online Products to Fight Off Dominance by Online Travel Agencies
Expedia, Travelocity, Orbitz and Priceline, the travel websites, have been able to draw travelers to find and reserve hotel rooms, flights and rental cars. Even though they had to pay
Published on August 31, 2015
By Debdutta Ghosh
Business & Finance
While Other Banks Shy Away, Citi Aims to Boost Equities Franchise
In a bid to capitalize on a retrenchment by rivals in the face of new rules designed to make the financial system less risky, the Citigroup plans to rebuild its
Published on August 31, 2015
By Debdutta Ghosh
Business & Finance
Google’s Android Wear Now Compatible with iPhone
Google announced that now Android Wear will works with the Apple iPhone. Though Googleโs announcement does not confirm whether one would need an Android Wear app for iPhone but some
Published on August 31, 2015
By Debdutta Ghosh
Science & Technology
Worldโs Smallest Ball Bearings Developed in Japan and Recognized by Guinness
Like many other gadgets small, the Guinness World Record for the smallest commercially available steel ball bearing is now with Japan. Japanโs Minebea Co., Ltd. was awarded this distinction for
Published on August 31, 2015
By Debdutta Ghosh
Business & Finance
Africa’s Richest Man Challanges Lafarge, Slated to Become Largest Cement Producer in the Continent
In a bid to gain supremacy in the African cement market, the richest man on the continent announced the construction of cement plants in 11 countries of the continent. Nigerian
Published on August 28, 2015
By Debdutta Ghosh
Business & Finance
CEO of Infidelity Website Resigns After Third Leak
Following a third round of leaks of userโs emails and after suppressed allegations about the affairs despite earlier denials, the chief executive of extramarital affairs website Ashley Madison has left
Published on August 28, 2015
By Debdutta Ghosh
Business & Finance
Declining Refinery Profits Stare in the Face of Big Oil Companies
Lowering of demand due to easing of summer gasoline consumption makes analysts and executives worried about the prospect of lower refining profits in the second half of the year. The
Published on August 28, 2015
By Debdutta Ghosh
Science & Technology
Technology to Convert Natural Gas into Methanol Being Jointly Researched by EERC and FuelCell Energy
EERC, the Energy & Environmental Research Center of the University of North Dakota has teamed up with FuelCell Energy, Inc to develop a durable, low-cost, and high-performance electrochemical cell to
Published on August 28, 2015
By Debdutta Ghosh
Business & Finance
Four UK Retail Giants Lose Market Share to Discounters
Retail giants Tesco, Sainsbury and Morrison, all contributed to the fall in the sales in terms of volumes in the UK supermarket in recent weeks fell. This is the first
Published on August 28, 2015
By Debdutta Ghosh
Business & Finance
Total sells $900 million of its UK Gas Assets, More Could be in the Anvil
Pressurized by continuous crude oil price fall in the international market, Total, one of the biggest energy firms operating in the North Sea, has sold off $900 million or ยฃ585
Published on August 27, 2015
By Debdutta Ghosh
Business & Finance
Google Denies EU Anti Trust Charges, Submits 150 Page Document
Claiming that the services of the company increased the choice for the local customers, Google, on Thursday, refuted the claims from the European Union’s top antitrust official that the company
Published on August 27, 2015
By Debdutta Ghosh
Economics
Ukraine Reaches Agreement with Creditors, Russia Disapproves Deal
Ukraine, troubled with an ethnic war, avoided failing a debt repayment crisis after it reached what its finance minister called a “win-win” deal with its largest group of creditors. The
Published on August 27, 2015
By Debdutta Ghosh