Aedes mosquitoes are the bearer of Zika virus which is available across the US. WHO warns the US for a probable Zika virus induced epidemic. Brazil has appeared as the most Zika affected country. The US and other governments have issued a travel alert for the pregnant women forbidding to visit the Zika prone region. The travel alert has offbeat the organizers of the Rio de Janeiro olympic scheduled to be held in August.
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Anglo American's copper output up 23% in Q4
Anglo American's copper production and from retained operations rose 23 percent for the fourth quarter of 2015. The overall copper equivalent basis production for 2015 rose five percent when compared with 2014. Majority of metals including copper, coal, nickel and iron ore tumbled during the second half of 2015. The copper inventory of Anglo American was at 197,631 tons as on 2015.
Researchers Develop Non-Invasive Electric Patch To Treat Post-Traumatic Stress Disorder (PTSD)
Researchers at the University of California, Los Angeles developed a non-invasive electric patch to treat the symptoms of Post-Traumatic Stress Disorder (PTSD). The electric patch uses trigeminal nerve stimulation (TNS) technique to stimulate the nucleus tractus solitaries to produce pain killer compounds in the brain.
Islamic Finance: East Africa Islamic Finance Summit 2016 Will Discuss Relevant Issues and Development
The summit will provide a platform for foreign investors, African companies, and regulators to meet, discuss relevant issues, and form relationships. East Africa has a strong potential to develop Islamic Finance because of the high demand for its services and products.
Wendy’s the latest victim of credit card data breach
Wendy's, the famous fast-food chain is the latest victim of credit card data breach. The company's banking sources detected unusual patterns on customer credit cards right after they were used at a Wendy's outlet, and informed the company right-away. It immediately hired a cybersecurity firm to investigate the fraudulent activities that seem to have been tracked to Midwest and, lately, the East Coast. The investigation is currently ongoing and Wendy's did not provide any clear information on the findings.
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Movidius, a chip maker, working on neural network technology has announced collaborations with Google on Thursday. Under the partnership agreement, Google will arrange license for some low power chips of Movidius. In return, the search engine provider will be able to use the machine learning and computer visioning technologies to its mobile devices. Computer visioning capabilities will enable users to experience low latency on their mobile devices.
Gold soared to three-month high early this week as investors switched over to safe have following the concerns about the global economy. The US Federal Reserve indicated a challenging global economy and this may not prevent it from raising interest rate. Gold price reached to $1,127.80 on 27 January and this propelled investors to book profits.
The average gasoline price fell to seven year low and is hovering at $1.91 per gallon in the US. If crude oil price continues to move upwards, then the gas price fall may rebound in the near future. According to AAA, the average may not go above $3 a gallon in 2016. Gasoline price fell 14 cents during the past two weeks.
The US housing market was boosted at the end of the year 2015 that marked the best year for existing and fresh home sales since 2007. Nearly 501,000 fresh homes were sold the previous year, an increase of 14.5% from 2014.
President Obama has rolled out a new set of regulations that lifts the Cuban trade embargo to a certain extent. The relaxed rules allow easy facilitation of trade, travel and finance between the two governments, a move taken to end the age-old cold war between them. While the embargo cannot be lifted completely unless Congress gives their consent, the Obama administration is convinced that this is a step in the right direction for improving the condition of the island.
The businessman is considered as one of India’s most active investor. Ever since he retired as the Tata Group chairman, Ratan Tata has backed more than 20 startups until now. He is especially experienced in the tea markets, and Teabox is delighted to have him as an advisor as well as an investor.
The policy making committee of the Federal Reserve Bank has announced keeping key interest rates unchanged on Wednesday. The inflation rate exists below predictions and job growth remains satisfactory. But ahead of global economic turmoil and considering strong Dollar outlook, Fed has decided to let the tightened monetary policy to go further. However, it hints for hiking interest rates during its next meeting scheduled to be held in March.
Google is always pioneer in offering innovative promotional measures. In a similar, it has reduced Nexus 5X and certain color containing 6P model prices by $50 dollar. Combining this discount offer with previously declared $30 price cut has made the devices cheaper and within the capability of mid income group. However, buyers from Europe seem to be more beneficial since the discount amount remains higher there.
Presence of lead beyond acceptable has plagued Ohio and as the aftermaths, the schools of this remain closed for the straight 3rd day. Before Ohio, Michigan has reported tumbled with the same issue. But after conduction of investigation, the Ohio EPA strongly believes that the operator in water treatment plant of Sebring village has presented falsified test reports. The agency has sought legal assistance from the US EPA’s Criminal Investigation Division.
