Puerto Rico, the island territory of U.S. is in the crisis due to its surmounting debt. Governor Alejandro Garcia Padilla repeated the island's debt will lead to moratorium.
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BC Clean-tech alliance seeks $500-mln fund from Trudeau
B.C. clean-tech companies have requested Prime Minister Justin Trudeau to allocate a $500 million venture capital (VC) fund. An alliance comprising 51 clean-tech and investment firms from B.C. province has written a letter to the Prime Minister Trudeau to extend support to clean-tech industry.
Retail price for prescription drug increased in a very fast rate since for the last decade
The retail prices for prescription drugs have increased at a faster rate from the year 2006 to 2013. In 2013, the retail price hike for prescription drugs used by older people in America was 9.4%.
Cloud-Fund Enabling Mayak Satellite To Appear As The Brightest Star In The Space
A team, comprising of aerospace engineers and enthusiasts from Moscow University of Mechanical Engireering has successfully raised cloud-fund. The fund will be used to launch an observatory satellite. A reflector placed in the earth orbit will enlighten the satellite to appear as the brightest planet in the earth.
January gold purchases in India rises by 62%
Gold purchase in India increased 62% during the month of January. The government lifted the import duty on gold citing the growing prices in global market.
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Danske Bank has reportedly spent $60 million against its workforce compared with a year earlier. Meanwhile, the bank company has recently achieved an average ‘buy’ rating from most of the analysts. To retain the achievement with further upgrading, the bank has adopted cost cutting measures which include job cuts in 46 positions of mostly the IT portfolio.
Cities like Austin, Texas, and Seattle, and Seattle have become a new target for tech workers. They are areas in which the tech startups are increasing in large number.
Australian lifeguards will get a help from 'Little Ripper' to detect shark presence along New South Wales' coastlines with its aerial view using infrared cameras. The project costs $200,000 where Westpac sponsors the trial for the search and rescue operations.
On Sunday’s Oscars night, the Girls Scout got free ads from host Chris Rock, allowing them to sell cookies to audiences. Many celebrities showed their support as the on-screen tally revealed that the troop had raised more than $65,000 during the effort.
Recently, Google has released video demonstrating operations of its Chromecast Audio featured by popular actors. On Monday, Google has announced another feature, 'Chrome for Work Assist', which offers 24/7 phone and email based customer support for businesses. Through these efforts, Google is probably trying to glorify its image as a consumer friendly entity.
Slater & Gordon announced a net loss after tax of $958.3 million for the first-six-month period of 2016. The company is attempting to boost growth in UK operations.
Canadian pharmaceutical company shares dropped 18% on Monday, as the company admitted being under investigation by U.S. Securities and Exchange Commission.
Marathon Oil announced its intention to sell 135 million of common shares through a public offering. The ongoing slump in the global oil industry has led many oil firms to undertake the cost-cutting strategy to keep hold of their cash level.
NASA is to built quieter supersonic jet planes that will one day replace passenger jet planes. The $20 million contract was given to Lockheed Martin which will collaborate with NASA for reviving supersonic aviation feasibility studies.
