TICKS eclipses BRICS

TICKS is a grouping acronym that refers to the countries of Taiwan, India, China Korea and South Africa are the new kids on the block of the emerging world. The economies of China and India are considered to be the largest and Emerging market hedge fund capital reached record level in the first quarter of 2011…

Shell to takeover BG for £35bn

Royal Dutch Shell investors voted to groups’s £35 bn takeover of rival producer BG Group, making it the biggest energy deal of the decade. BG shareholders met today to formally approve the transaction  and will become effective from 15th February 2016, ending 20 years of independence, which had old British Gas. Ben Van Burden, Shell…

Facebook profits £2.03bn ( $2.9bn)

Fourth-quarter profits for Facebook, who now has 1.39 million active users each month, a 13 per cent increase, amounts to £ 462 m ($701m), a 34% increase on the same period last year. Advertising revenue grew by $3.59bn 53 per cent with 70 per cent coming from mobile advert sale. Total profits for the year…

France and India sign 36 Rafale fighters jets

Indian Prime Minister Narendra Modi and French President Hollande has reached an agreement to buy 36 Rafale jets in “fly-away” condition, on their specifications and weapons systems. Both are confident the financial aspect would be resolved soon. Indian defence minister Manohar Parrikar and his French counter part Jean- Yves Le Drian signed the Memorandum of…

Robo Car taken for a test ride in UK

Renault-Nissan has a research centre in Silicon Valley and have “autonomous” cars which are used in real traffic conditions.  A Nissan Leaf which is a heavily modified all-electric car was tested with a journalist present.  It has cameras, sensors and other radar systems, as well as computing power in the trunk. This car can apparently help…

Theresa May freezes assets of Litvinenko poisoner suspects

Above is a picture of the widow of Alexander Litvenenko who lost her husband when he drank tea laced with polonium.  Two suspects – Andrei Lugovoi and Dmitry Kovtun have had their assets frozen through British Home secretary Theresa May. High Court Judge Sir Robert Owen ruled the two named people were behind the murder.…

Creed? Well we all love to see Sly in a new movie!

Will anyone ever get sick of seeing Sylvester Stallone in any movie where we feel sympathy for the underdog – in this case the illegitamate son of Apollo Creed – former sparring  rival of Rocky Balboa of all the Rocky films films which people have flocked to see but now we see former Rocky initally…