Articles by Staff Writer

Maersk Buys $845 million of Africa Oil Corp. assets

Maersk Oil will buy $845 million worth of Africa Oil Corp.'s onshore exploration licenses in Kenya and two more in Ethiopia.

Nov 11, 2015 02:54 AM EST


The medical university returned $1 million Coca-Cola donation out of intense criticism

The University of Colorado's medical school broke their partnership with Coca Cola company and returned donation worth $1 million, following the huge criticism which highlighted that the Company is trying to shift the blame on fast food as a major contributing factor in causing obesity.

Nov 11, 2015 02:26 AM EST


Barack Obama launched personal Facebook page sending message through video on climate change

On Monday, White House launched a personal facebook page for Barack Obama, under his name. He posted a video in his 'Backyard' of White House, sending an open message on climate change and appealing to Americans to join hands to make the world a better place to live.

Nov 11, 2015 02:07 AM EST


Japan, US rule out re-opening of trade pact

The US and Japan administrations have ruled out any possibility of re-negotiating the just-concluded TPP pact among 12 nations. It took over five years to make the TPP deal and at this stage it's not possible to re-open the trade negotiations.

Nov 11, 2015 02:03 AM EST


EIA cuts 2016 production forecast for US

The US Energy Information Administration (EIA) has cut crude production outlook by one percent for 2016. The oil price fall has also reduced shale drilling activity by over 50 percent in the US. The rise in wages and drop in unemployment rate and gasoline price are creating more demand in the US economy.

Nov 11, 2015 01:48 AM EST


Nvidia launches Jetson TX1 for AI powered devices

Nvidia announced Jetson TX1, a developer module that brings machine learning techniques to devices, which is described to be the size of credit card.

Nov 11, 2015 12:43 AM EST


Volkswagen facing ire of dealers, lags behind peers in auto sales

Reeling under severe pressure following its emission scandal, Volkswagen is facing sluggish sales, to the ire of dealers. About 650 dealers are stuck with business as Volkswagen sales dropped globally.

Nov 11, 2015 12:28 AM EST


GE and Alstom get $5.6 billion deals to build India railways

General Electric and French firm Alstom get the huge deals for India railways worth as much as $5.6 billion. The companies won the contracts against Bombardier and Siemens.

Nov 10, 2015 10:54 PM EST


Tag Heuer teams up with Google and Intel to launch Android smartwatch

Tag Heuer unveils its first smartwatch. The $1,500 watch has Intel's Atom processor and Google's Android Wear Software.

Nov 10, 2015 10:39 PM EST


Volkswagen pacifying angry US customers with gifts

After the emission scandal, Volkswagen has taken up damage control measures to impress upon angry US customers by offering $1,000 gift in addition to a roadside assistance service at no additional cost for three years.

Nov 10, 2015 10:35 PM EST


Experience Revitalizing Tango Tours in Buenos Aires

Argentina offers various tango tours in Buenos Aires that provide people the chance to try and experience the lively music and tradition of the Argentines.

Nov 10, 2015 08:42 AM EST


Must- Have Tips For Uber & Lyft Users: How to Avoid Uber and Lyft Surge Pricing

Uber uses surge pricing that charges a lot for a ride to a destination. But a research claims that the higher price can actually be avoided.

Nov 10, 2015 06:57 AM EST


Traveling to Russia: Weak ruble makes Russia more easily reached by budget travel

Russia's ruble is weak, making the current geopolitical tensions a good time to temper headlines about Russia with everyday people and places. Additionally, booking a trip to the country becomes lower.

Nov 10, 2015 06:55 AM EST


Desert Fun in UAE: Sand boarding and skiing getting popular in Abu Dhabi

Sand boarding and skiing are getting popular in Abu Dhabi's desert dunes. The Liwa Oasis on the edges of the Rub al-Khali or Empty Quarter is now known as a sand boarder and skier's paradise.

Nov 10, 2015 06:28 AM EST


Unusual-looking clouds spotted over South Africa, UFO-shaped clouds have Cape Town citizens baffled

Strange-looking clouds were seen in the skies above Cape Town, South Africa. And Capetonians took to their social media accounts to post photos of the unusual- looking clouds, which left them baffled.

Nov 10, 2015 06:10 AM EST


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