Silver has been the preferred shelter against government defaults, political instability and inflation for most people in the world because it is cheaper than gold. In 1979, prompted by the Iranian revolution, the silver price soared seven fold from $7 to $50 an ounce in less than 12 months – a great variance than the…
Concorde had completed 25 years of successful flights whisking wealthy passengers from rock stars to diplomats to corporate titans – between continents flying twice the speed of sound. This is a tale of Concorde crash, the investigation into its causes and the race to prevent similar disasters in the future. Charles Lindbergh in his Spirit…
Slow down in the residential property market spreads beyond London as annual house price growth in the UK is at its weakest level in almost seven years. House prices in the South-East of England fell for the first time since 2011 in February on year earlier, according the Office of National Statistics as London prices…
The researchers at the University of California, Los Angeles have designed a scientific device using 3D printing which can generate electricity from falling snow. Researchers are also found that when falling snow touches sillicon, a charge is produced which the device captures, creating electricity and could be used to monitor athletes performance.
Apple and Qualcomm have decided to drop all ongoing litigation and settle their royalty disputes by reaching an agreement on global patent license and chipset supply. The Trump administration’s vision of finding a national technology front runner for the forthcoming wave of 5G wireless communication may be coming true. Qualcomm’s legal settlement with Apple this…
Asia’s richest person Mukesh Ambani is in talks to buy loss-making British toy store chain Hamleys which is now owned by Chinese fashion retailer C Banner who bought the Hamleys in 2015 for £100m in cash. Reliance, the retail arm of Reliance Industries currently has a licence to sell Hamleys products in India.
Bugs of a different kind, bed bugs temporarily shut down a 24-hours on New York City’s Fifth Avenue. Staff were ordered to pack their belongings in plastic bags last Friday after a bed bug was spotted in a manager’s office. Eventually a beagle dog sniffed out the bugs in the locker area. According to an…
For the first times since the industrial revolution, China will be at the forefront of a major economic transformation – the advent of revolution in Artificial Intelligence according to Kai-FU Lee , former president of Google China and now a leading venture capitalist in Chinese technology. China’s “Sputnik movement”, when Google DeepMind’s AlphaGo defeated Ke…
Tesco reported a 28.8 per cent rise in profits as the turnaround under boss Dave Lewis who took the helm four years ago after an accounting scandal, reaps its strongest results. The leading supermarket giant posted annual pre-tax profits of £1.67 billion, ahead of forecasts while revenue grew 11.2 per cent to £63.9 billion. Comparable…
Tests on three American blind patients – two men and a woman- who were legally blind produced exciting results according to Olav Hellebo, CEO of UK bio-tech Firm ReNeuron in Bridgend ,Wales. Before the procedure the three could read only the largest group of letter on a special eye test chart, as they had retinitis…