An early player in drone-tech, 3D Robotics Inc., announced that it has raised $53 million in a Series D round of funding on Thursday, including new equity funding and conversion of debt equity. Atlantic Bridge led the round joined by Autodesk Forge Fund, True Ventures, Foundry Group, Mayfield and other undisclosed investors, according to the company statement. The company didn’t break out how much new capital it saw […]
. 240 modern gas stations across the country set for completion by 2020 · Strong support is required to encourage organized companies to step in to the service field. 26 April 2017 Riyadh – Petromin, the leading lubricants and automotive services company in Saudi Arabia, outlined plans to build 240 gas stations across the Kingdom at the 10th edition of the Saudi Travel and Tourism Investment […]
April 28, 2017 by: Hudson Lockett in Hong Kong Friday 05.00 BST Overview Equities fell on Friday in Asia as the region’s markets took their cues from an underwhelming session on Wall Street, while currencies pared earlier rises amid mixed signals on the future of Nafta. Hot topic Asia-Pacific equities were choppy after Wall Street investors on Thursday digested the prospects of the Trump administration’s proposed tax […]
By James Pomfret, Lawrence White and Sumeet Chatterjee | DONGGUAN, China/LONDON/HONG KONG DONGGUAN, China/LONDON/HONG KONG In the digital age, footfall in bricks-and-mortar outlets is an incomplete measure of business activity, but HSBC’s empty branches in the Pearl River Delta (PRD) suggest it’s not all plain sailing for the bank’s expansion in mainland China. HSBC, the world’s sixth-largest bank by assets, announced in 2015 that it would hire […]
The big announcement of the really, really big Trump Tax Plan with the “biggest tax cuts in history” came out bigly on Wednesday, as Trump promised. Treasury Secretary Steven Mnuchin and National Economic Council Director Gary Cohn, Trump’s latest tax team, beamed proudly as they presented their baby. The stock market took a deep breath, then looked at their brainchild and completely petered out. First, let me say, I clearly have nothing to recant […]
The University of Technology Sydney (UTS) has partnered with the China Electronics Group Corporation (CETC) to launch a new joint centre for advanced research. Located at the UTS campus in Sydney, the Australia-China Research Innovation Centre in Information and Electronics Technologies (IET) is expected to conduct long-term research projects into information, communications, and electronics. The IET will be governed and managed by representatives of both UTS and […]
. 240 modern gas stations across the country set for completion by 2020 · Strong support is required to encourage organized companies to step in to the service field. 26 April 2017 Riyadh – Petromin, the leading lubricants and automotive services company in Saudi Arabia, outlined plans to build 240 gas stations across the Kingdom at the 10th edition of the Saudi Travel and Tourism Investment […]
Credit: CSEM / David Marchon A team of EPFL and CSEM researchers in Neuchâtel presents in Nature Energy a new astonishing method of creating crystalline solar cells with electrical contacts at the rear, suppressing all shadowing at the front. Thanks to the new inexpensive approach, the fabrication process is strongly simplified with efficiencies in the laboratory already surpassing 23 percent. In the quest for more efficient crystalline […]
French presidential frontrunner Emmanuel Macron was ambushed on the campaign trail on Wednesday by far-right rival Marine Le Pen, with the rivals for the Elysée Palace clashing over globalisation and compounding a shaky start for Mr Macron in the final two weeks of the election race. The rivals’ visits to a factory in Amiens in northern France came on what was the first day of vigorous campaigning […]
PARIS Far-right leader Marine Le Pen sought to steal presidential rival Emmanuel Macron’s thunder on Wednesday with a surprise visit to striking workers in northern France, aiming to wrong-foot him while he was campaigning in the same town. Visiting the site of a strike at the tumble-drier Whirlpool factory, which is due to close next year, Le Pen pushed her anti-globalisation agenda and attacked Macron who she […]
BERLIN German Economy Minister Brigitte Zypries will attend a summit next month in Beijing on China’s ambitious New Silk Road plan aimed at linking Asia, Africa and Europe, adding some weight from Europe to the summit championed by President Xi Jinping. The conference is widely seen as the biggest diplomatic event of the year for China as it pushes its initiative to invest billions of dollars in […]
Oil traders banking on a sustained market recovery in 2017 are growing impatient. As the price of Brent crude falls towards $50 a barrel, Opec, energy analysts and some of the most powerful banks in the commodities sector are urging traders to maintain their composure. After a production cut deal between the cartel and rivals such as Russia was agreed late last year, prices began 2017 $10 […]
Authored by Jeremiah Johnson (Nom de plume of a retired Green Beret of the United States Army Special Forces) via SHTFplan.com, Following the money is always the key and crucial element to determining the “probable cause/modus operandi” regarding to globalist actions. Although there are many who believe that President Trump is the panacea to all our problems, even they may perhaps admit that there are forces other […]
The Lafarge scandal, as it became known in the French media, stoked ire among critics who accused the company of seeking to improve profitability despite growing danger for its employees. The situation underscores the difficulty of doing business in war-torn regions. The company has argued that its local managers saw little recourse other than paying off armed groups to guarantee the safety of staff members and keep […]
MEXICO CITY An unknown amount of stolen radioactive material has prompted an alert in nine Mexican states, the head of national emergency services said on Monday. The alert and search for the stolen material covers the states of Jalisco, Colima, Nayarit, Aguascalientes, Guanajuato, Michoacan San Luis Potosi, Durango and Zacatecas, according to a post on Luis Felipe Puente’s Twitter account. Puente encouraged people with information about the […]
Security is the Internet of Things’ (IoT) Achilles heel. One reason that’s so is there is a lack of common IoT development standards. The Linux Foundation, along with 50 companies, is addressing this by building a common open-framework for IoT edge computing and an ecosystem of interoperable components under a new open-source consortium: The EdgeX Foundry. EdgeX is seeking a common open-source framework for the IoT. The […]
Enviroserve UAE has signed an agreement with Dubai Wholesale City for the construction of a 228,000 sq ft electronics and specialised waste recycling plant at Dubai Industrial Park. Backed by the Swiss Government Export Finance Agency, the AED120 million project represents one of the largest foreign direct investments in the field of environmental management in the UAE, a statement said. It added that the facility will serve […]
US paintmaker PPG Industries raised the tempo in a fierce takeover battle with its rival Akzo Nobel by tabling a third bid that it said valued the Dutch company at €26.9bn. PPG on Monday made a new cash-and-stock offer for the owner of the Dulux brand of paints at €96.75 a share — a premium of 50 per cent over Akzo Nobel’s undisturbed stock price before the […]
Risk is definitely on this morning as European shares soar, led by French stocks and a new record high in Germany’s Dax, after a “French relief rally” in which the first round of the country’s presidential elections prompted investors to bet that establishment candidate Emmanuel Macron will win a runoff vote next month, and who is seen as a 61% to 39% favorite to defeat Le Pen […]
A model demonstrates the Welwalk WW-1000, a wearable robotic leg brace designed to help partially paralyzed people walk at the main system with treadmill and monitor, at Toyota Motor Corp.’s head office in Tokyo, Wednesday, April 12, 2017. Toyota Motor Corp.’s Welwalk WW-1000 system is made up of a motorized mechanical frame that fits on a person’s leg from the knee down. (AP Photo/Eugene Hoshiko) Toyota is […]
ZURICH LafargeHolcim (LHN.S) is close to announcing that its chief executive Eric Olsen is to step down following an internal investigation into activities at a former Lafarge cement plant in Syria, a source familiar with the matter said on Sunday. The source said there would be a change in leadership at the cement company following reports in the Financial Times and French newspaper Le Figaro that Olsen […]
When North Korean traders give Li Jian long lists of the goods they want to buy, he checks the items against a 236-page Chinese translation of the UN sanctions imposed after Kim Jong Un’s regime conducted a sixth nuclear weapons test in September. “If it’s on the sanctions list, we can’t provide it,” Mr Li said from his office in downtown Dandong, the Chinese border city through which […]
The open call for the exit of United States from the Paris climate deal by none other than the head of the Environmental Protection Agency has shocked environmentalists. This is the first time a high-ranking Trump administration official such as EPA Chief Scott Pruitt has gone public with a call to scrap the historic agreement, which has been endorsed by more than 200 countries. Paris deal aims to […]
The weekly EIA report showed a surprise rise in gasoline inventories and a further rise in oil production, which rattled oil bulls. Image: Shutterstock 22 April 2017 Big commodity swings have been witnessed during the past month, not least in the farm sector where bloated global stocks and the prospect of another bumper year — weather permitting — have led to heavy selling by hedge funds […]
