Facebook and Instagram are banning sale of firearms

Facebook and Instagram has announced that it is banning the users from advertising and selling privately firearms on its social network. The rule targeting people trading guns to one another on both social network following concerns that they were being used as a way to get around background checks. The latest development follows a string…

British helicopter pilot shot dead by Tanzanian elephant ivory poachers

Tanzanian elephant poachers kill a British helicopter pilot working for the Friedkin conservation Fund charity. Roger Gower was tracking poachers on Friday, 29th January 2016, when the helicopter flew near the carcass of one of the three elephants, in the Maswa Game Reserve, which borders the Seregeti National Park in northern Tanzania, when he was…

Kerber eclipses Serena Williams to win Australian Open

Angelique Kerber 28, German stunned world number one Serena Williams 34, in three sets 6-4, 3-6, 6-4 to win her first Grand Slam title at the Australian Open at Melbourne Park. Kerber who had won just one of six pervious matches against Serena Williams, saved a match point in her first-round win over Misaki Doi…

Jamie Murray and Bruno Soares win the Australian open doubles final

Jamie Murray 29 (GB) and Bruno Soares 33 (Brazil)win Australian Open Doubles Final, after beating Canada’s Daniel Nestor 43 and Czech Radek Stepanek 37, 2-6, 6-4, 7-5. Jamie Murray is the first Briton to win the Australian men’s doubles title in 82 years. Soares twice lost his serve as the Canadian’s took the first set.…

Facebook and Microsoft see £37bn added to their combined valuation

Facebook and Microsoft see a combine  £37.1bn ($53bn) added to their stock valuation, as £51.5 bn  ($73 bn) wiped out off the joint valuation of  Apple and Amazon. Large valuation swings in tech is because of investors wanting to move their money out of maturing technology markets and   into newer ones with better potential…

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…