The Pegasus Airline, flight PC8622 passenger plane skidded off a runaway and was teetering on a cliff edge after skidding off the runway in northeast Turkey narrowly avoided plunging into the sea saved by the mud bank while landing at Trabzon Airport on the Black Sea coast on Saturday night. All 162 passengers and 6…
The UK’s second-biggest Construction giant Carillion has filed for compulsory liquidation, shouldering a £1.5 billion debt pile, as they failed to secure funding to keep operating The government will be providing the funding required by the liquidator to maintain the public services carried on by Carillion staff, subcontractors, and suppliers the company said. Carillion,…
Alphabet’s Google acquired Redux, in August 2017, a firm that uses vibrations to turn displays into speaker. Redux which raised $5 million in March 2017, a funding backed by Arie Capital. Redux creates products and bespoke systems that enable high-resolution haptic feedback and speaker less surround audio as it eliminates the need for small speakers…
Fast food outlet KFC Canada has rolled out the Bitcoin Bucket, an offering that can only be paid by using Bitcoin. In a Tweet the company said “ sure, we don’t know exactly what Bitcoins are, or how they work, but that shouldn’t come between you and some finger lickin’ good chicken”. The offer, only…
Twenty years after former president Bill Clinton‘s ramping up material prosperity economy, bons mots, the world’s developed economies are wealthier than ever, in real terms more than 70 per cent larger than they were in 1992. But Bill Clinton’s verdict went wrong, as the golden age of popular social and economic analysis explains why an…
Michael Wolff’s controversial expose of the White House and the furore surrounding it has already ended Trump’s alliance with Steve Bannon, who became his biggest source. Bannon quite his job as head of Breitbart News having lost the confidence of his financial backers. Wolff does not respect the meaning of “off the record” and reconstructed…
Consumers Electronics Show in Las Vegas this week is a showcase for several new Chinese exhibitors and they increasingly winning with their own products. Shenzhen-based DJI, a leading global producer of Drones. The Value in Tech with Google, Apple, Facebook, and Amazon have a combined market value of $2.8tn compared to the Chinese internet…
Sterling has leaped to its highest level in past 19 months against the US dollar since the Brexit vote, to $1.37 highest level since 254 June 2016. Before the result of the referendum, the Pound had been trading at $1.50. Sterling is benefiting from the dollar weakness and the growing euro strength rather any pound…
Ohio State University graduate, Yang Huiyan, 36-year-old Chinese property developer and majority shareholder of Country Garden Holdings is the richest woman in China and the 4th richest female billionaire by net worth ( US $29.7billion) in the world. Yang Huiyan’s wealth up by $6.1 billion, in just seven days of trading this year alone equaled…
Dr. Jeff Chamberlin, 52, having managed battery research at the Argonne National Laboratory in Chicago and former director of the Argonne Collaborative Centre for Energy Storage Science ( ACCESS), the US government’s top technology laboratory, where he classified over 30 new inventions, now runs Volta Energy Technologies, backed by Albemarie, one of the world’s largest…