British Prime Minister pledged £20 million to fund English classes for Muslim women migrants in hopes to solve extremism.
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China to combine 40 entities to work on $22 billion plan-engine project
China, as part of a wider drive into progressive industries to boost its GDP growth, plans to combine over 40 entities to work on the giant $22 billion plane-engine project. Under the plan, the government of China along with companies like Aviation Industry Corp. would invest 35 billion yuan.
Amazon drones to hover in your backyards and drop off packages within 30 minutes
Amazon is currently working on its Prime Air drones, which will revolutionize the concept of online shopping completely. These drones have an in-built sense-and-avoid technology that allows them to reach their destinations unharmed, and deliver online orders within an unbelievable 30 minutes.
Child Labor: Major device makers including Apple, Samsung, and Microsoft were reportedly involved
The child labor reported is taking place in the Democratic Republic of the Congo in cobalt mines. The estimation says that about 40,000 children are working for the mines. Companies listed in the report gave various responses following the accusations.
Chevron to export first gas from Australian project
Chevron said that its subsidiaries in Australia have entered into a non-binding Heads of Agreement with ENN LNG Trading Co. Ltd to sell liquefied natural gas to China. The delivery of LNG will be commenced in the first six-month of 2019, according to the company.
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Time Warner Cable raises its cable and internet rates in New York after its $55 billion merger with Charter Communications got approved.
Gold supplies peaked at 3,155 tonnes in 2015, while global gold production is expected to fall 3 percent in 2016, which means prices could increase this year.
Apple has been aggressively getting into the infosec industry and TechCrunch gives its top 16 security advancement options to look forward to in 2016.
Malaysia’s Petronas will cut $11.4 billion from its capital and operating expenditure for the next four years as rout in oil prices continues, sending Brent crude price to $28 per barrel.
Japan gave the go signal for the 2012 clean energy projects that could produce up to 85,550 megawatts of renewable power, the bulk of which is from solar energy.
Wearable IoT World launches Hong Kong accelerator after receiving $4.5M from Radiant Venture Capital
Wearable IoT (Internet of Things) World launched Monday its Hong Kong operation after receiving $4.5 million worth of funding from China-based investor Radiant Venture Capital.
South Korea’s Ministry of Environment will file criminal charges against Volkswagen AG’s Korean office head, citing that the car makers proposed plan falls short from the country’s legal requirements.
Mitsubishi Research Institute and UFJ Morgan Stanley Securities plans to raise 50 billion yen to revive struggling Japanese megasolar power plants.
New York City gets a $176 million federal funding to clean up the natural disaster scene, specially after Hurricane Sandy. The fund was raised through a national contest organized by the Department of Housing and Urban Development, to better prepare the citizens for any forthcoming natural disaster. Additionally, the city now has the $100 million from Mayor de Blasio to build their large-scale flood protection system around Lower Manhattan.
