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Month: June 2017

Africa’s ‘Large and Dynamic’ Economies Cannot Be Ignored

06/16/2017 Ranbiz

From the president of Mozambique to the US Secretary of Commerce, greater US economic engagement in Africa is the dominant theme at this year’s business summit organized by the Corporate…

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US Moves to Seize DiCaprio’s Picasso, ‘Stolen’ Funds in 1MDB Case

06/16/2017 Ranbiz

U.S. authorities moved on Thursday to seize a Picasso painting given to American movie star Leonardo DiCaprio and the rights to two Hollywood comedies, as they filed complaints to recover…

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White House Lacks Plan to Address Debt Ceiling

06/16/2017 Ranbiz

The White House lacks a unified plan to increase the government’s borrowing cap as a likely September deadline is drawing near, said Mick Mulvaney, director of the Office of Management…

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Military-linked Business Enterprises Dominate in Cuba

06/16/2017 Ranbiz

American tourists strolling the ample squares and narrow streets of colonial Havana may not know it, but from novelist Ernest Hemingway’s famed Floridita bar to Sloppy Joe’s eatery, they are…

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Indonesia Plows Ahead on Fisheries Protection, Despite Resource Constraints

06/15/2017 Ranbiz

Foreign fishing in Indonesian waters has long been a concern for the government, for which it has recently taken a literally explosive approach: blowing up illicit fishing boats. But the…

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From Bleeps of ‘Pong’ and ‘Mario,’ Game Music Comes of Age

06/15/2017 RanIT

The electronic bleeps and squawks of “Tetris,” “Donkey Kong” and other generation-shaping games that you may never have thought of as musical are increasingly likely to be playing at a…

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Facebook Uses Artificial Intelligence to Fight Terrorism

06/15/2017 RanIT

Facebook has revealed it is using artificial intelligence in its ongoing fight to prevent terrorist propaganda from being disseminated on its platform. “We want to find terrorist content immediately, before…

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US Central Bank Hikes Key Interest Rate Amid Weaker Than Expected Data

06/15/2017 Ranbiz

The U.S. central bank raised its benchmark interest rate Wednesday amid concerns about sluggish growth, a slowdown in consumer spending and low inflation. But the head of the U.S. Federal…

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Kushner Company Drops Tax Break Request in New Jersey

06/15/2017 Ranbiz

The real estate firm owned by the family of Jared Kushner has withdrawn a request for a big tax break for one its buildings in Jersey City, New Jersey, the…

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Lighter Cars Can Save a Lot of Money

06/15/2017 Ranbiz

Fierce competition among car manufacturers requires constant search for ways to cut expenses without compromising safety and other standards. One of the areas with room for improvement is in manufacturing…

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Inside Amazon Reserve, High-end Chocolate Thrives With Forest

06/15/2017 Ranbiz

With a cigarette in one hand and a muddy machete in the other, Brazilian grandmother Maria Nobre de Oliveira thinks high-end chocolate will help end the epidemic of deforestation ravaging…

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Report: More Women in Workforce Would Add Trillions to World Economy

06/15/2017 Ranbiz

A new report by the International Labor Organization (ILO) says getting more women into the world labor market would add trillions of dollars to the global economy and boost tax…

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Vintage Typewriters Gain Fans Amid ‘Digital Burnout’

06/15/2017 RanIT

Typewriter enthusiasts gather at an Albuquerque restaurant to experiment with vintage Smith Coronas. Fans in Boston kneel in a city square and type stories about their lives during a pro-immigration…

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Medical App Aims to Tackle Rape, Flag War Crimes in DRC

06/14/2017 RanIT

Activists behind an app designed to assist doctors document evidence of sexual violence in the Democratic Republic of the Congo aim to go beyond obtaining justice for rape victims and…

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Facebook to Add Fundraising Option to ‘Safety Check’

06/14/2017 RanIT

Facebook said Wednesday that it would soon allow its U.S. users to raise and donate money using its “Safety Check” feature, to make it easier for people affected by natural…

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Big Data Gives China’s Top 3 Internet Firms Big Leverage

06/14/2017 Ranbiz

China’s three big Internet-driven companies, Alibaba, Tencent, and Baidu, are set to influence a vast section of the country’s business because they control data concerning the consumer and social behavior of millions of…

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3-D Technology Moves Into the Music World

06/14/2017 RanIT

Musicians tend to talk about their instruments in terms of tone and sound as often as the brand. Electric guitarists are no different, and they can expound on the ‘bright’…

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Panama’s Business Chiefs Hope for Big Return From New Ties to Beijing

06/14/2017 Ranbiz

Panama’s business community on Tuesday cheered the Central American country’s decision to establish full diplomatic ties with China and ditch Taiwan, hoping to deepen links with a key customer of…

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Mexico’s Native Crops Hold Key to Food Security, Ecologist Says

06/14/2017 Ranbiz

Mexico’s ancient civilizations cultivated crops such as maize, tomatoes and chilies for thousands of years before the Spanish conquerors arrived — and now those native plants could hold the key…

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Record Hunger in Horn of Africa Pushes Development Banks to Step In

06/14/2017 Ranbiz

With a record-breaking 26.5 million people going hungry in the Horn of Africa, development banks are increasing their humanitarian funding to fill a gap left by traditional donors, a high-level…

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Hard Times for Lagos Slum Dwellers Caught in Race for Land

06/14/2017 Ranbiz

Sheltering under planks on his boat moored at a waterside slum in Lagos, fisherman Thomson Pascal is trying to protect his six children from the rain flooding into what is…

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World Bank Approves $500M Grant Package for Afghanistan Projects

06/14/2017 Ranbiz

The World Bank on Tuesday approved financing worth more than $500 million for Afghanistan to support a string of projects to boost the economy, help improve service delivery in five…

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World Bank Approves $500 Million Loan for Tunisia

06/14/2017 Ranbiz

The World Bank on Tuesday approved a $500 million loan to support Tunisia’s budget, a government official for the North African country said on Tuesday. The funding followed the release…

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US Weighs Sanctions on Countries Doing Business with North Korea

06/13/2017 Ranbiz

The United States is weighing imposing sanctions on countries that do business with North Korea and looking for ways to revive strained relations with Russia, U.S. Secretary of State Rex…

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Britain, France Announce Joint Campaign Against Online Radicalization

06/13/2017 RanIT

British Prime Minister Theresa May and French President Emmanuel Macron are joining forces in order to crack down on tech companies, ensuring they step up their efforts to combat terrorism…

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Trump Clings to Coal as Worldwide Demand Plummets

06/13/2017 Ranbiz

Market demand for the dirtiest of fossil fuels is plummeting worldwide, according to industry data published Tuesday, even as President Donald Trump has made reviving the long-struggling U.S. coal mines…

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