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Month: July 2017

Tanzania’s President Signs New Mining Bills into Law

07/10/2017 Ranbiz

Tanzanian President John Magufuli said on Monday he has signed into law new mining bills which require the government to own at least a 16 percent stake in mining projects.…

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Musk Tweets Pictures of First Model 3 to Roll Off the Line

07/10/2017 Ranbiz

Tesla Inc. Chief Executive Elon Musk on Sunday tweeted pictures of the first Model 3 sedan to roll off the assembly line. Tesla board member Ira Ehrenpreis was the first…

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Food Crises Getting Worse in Somalia, Kenya

07/10/2017 Ranbiz

Severe food crises are growing in Kenya and Somalia, as the Horn of Africa continues to receive below-normal rainfall, according to the Famine Early Warning Systems Network. The hunger-tracking group…

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China’s Ambition, US Retreat on Show in Serbian Factory Town

07/10/2017 Ranbiz

A giant Chinese red flag flutters on a pole where an American flag used to fly at a steel mill in this dusty industrial Serbian town. The company logos of…

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China’s COSCO to Buy Orient Overseas for $6.3 Billion

07/10/2017 Ranbiz

China’s biggest shipping company, state-owned COSCO Shipping Holdings Co., is creating the world’s No. 3 container shipping giant by acquiring rival Orient Overseas (International) Ltd. Shares in both companies surged…

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Game Explores, Encourages the Creative Side of Coding

07/10/2017 RanIT

A common assumption is that writing computer code is a highly technical skill for people who are good at math and logic, but software engineers say another quality is just…

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The Creative Side of Coding

07/10/2017 RanIT

A common assumption is that writing computer code is a highly technical skill for people who are good at math and logic. There is another quality in the tech world…

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Rural Amazon Violence Rises Amid Bureaucracy Over Land Titles

07/10/2017 Ranbiz

For a farmer in Brazil’s Amazon, Manoel Freire Camurca was doing pretty well for himself until a local power broker burned down his house and took the surrounding fields he…

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At France’s Davos, French Bosses Laud Impact of New President

07/09/2017 Ranbiz

Top French company bosses who have for years lamented their country’s slow pace of reforms at an annual summer gathering in Provence offered glowing praise this year for the first…

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Report: Russia Behind Hacking of US Energy, Nuclear Companies 

07/09/2017 RanIT

Hackers who penetrated the business networks of U.S. energy and nuclear companies in recent weeks were working for the Russian government according to a report in a prominent newspaper. The…

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In India, Drug Makers Try to Stay a Step Ahead of FDA

07/09/2017 Ranbiz

In 28 years in India’s pharmaceuticals sector, Rajiv Desai has never been busier. Most of the last six months on his desk calendar is marked green, indicating visits to the…

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Canada’s Desjardins Suspends Lending for Energy Pipelines

07/09/2017 Ranbiz

Canadian lender Desjardins is considering no longer funding energy pipelines, a spokesman said Saturday, citing concerns about the impact such projects may have on the environment. Desjardins, the largest association…

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Trump Is Biggest Attraction at G-20 Summit

07/08/2017 Ranbiz

The G-20 summit of the world’s richest economies wrapped up Saturday against a backdrop of angry protests, and a pledge by leaders to fight protectionism in the face of U.S.…

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US, Russia on Collision Course Vying for Europe Gas Market

07/08/2017 Ranbiz

Visiting Poland this week, U.S. President Donald Trump pledged to boost exports of American liquefied natural gas (LNG) to Central Europe and take on Russia’s stranglehold on energy supplies. “America…

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Fiber Optics Help Understand Australian Bushfires

07/08/2017 RanIT

Each year, wildfires around the world devastate thousands of square kilometers of forests and grasslands and make many people homeless. Some plants recover faster from fire than others, and scientists…

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US, Russia on Collision Course in Competition for European Gas Market

07/08/2017 Ranbiz

Visiting Poland this week, US President Donald Trump pledged to boost exports of American liquefied natural gas (LNG) to Central Europe, challenging Russia’s dominance of the market. Many European countries…

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US Economy Adds 222,000 Jobs in June; Wages Remain Flat

07/08/2017 Ranbiz

Job creation in the U.S. appears to have picked up speed, with employers adding 222,000 jobs last month. But the unemployment rate ticked higher as more Americans resumed their job…

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Facebook to Build Housing in Silicon Valley for First Time

07/08/2017 RanIT

The shortage of housing in California’s Silicon Valley has gotten so severe that Facebook Inc. on Friday proposed taking homebuilding into its own hands for the first time with a…

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Argentina Slaps Embattled Firm Odebrecht With 1-year Bid Ban

07/07/2017 Ranbiz

Argentina on Friday banned embattled Brazilian construction conglomerate Odebrecht from bidding on public works projects in the country for 12 months due to investigations of bribes the company paid here…

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US Energy Department Helps Power Firms Defend Against Cyber Attacks

07/07/2017 RanIT

The U.S. Department of Energy said on Friday it is helping U.S. firms defend against a hacking campaign that targeted power companies including at least one nuclear plant, saying the…

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Facebook Meets With Pakistan Government After Blasphemy Death Sentence

07/07/2017 RanIT

A senior Facebook official met with Pakistan’s interior minister on Friday to discuss a demand the company prevent blasphemous content or be blocked. The meeting comes after a Pakistani counter-terrorism…

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Slavery Thriving on London’s Building Sites and in Restaurants, Says Police Chief

07/07/2017 Ranbiz

London is a hotspot of modern slavery, with workers in hotels, restaurants and on construction sites at particular risk of exploitation, said the head of the Metropolitan police’s anti-slavery unit.…

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Uganda Public Workers Resist New Dress Code

07/07/2017 Ranbiz

No more mini-skirts and large earrings for female civil servants in Uganda. Male staff are now required to wear a jacket and tie. The Ugandan government instituted a new dress…

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US Economy Gains 222,000 Job; Unemployment Rate Rises Slightly

07/07/2017 Ranbiz

The U.S. economy posted strong job growth in June, with a net gain of 222,000 jobs, while the unemployment rate rose slightly to hit 4.4 percent.  Friday’s report from the…

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France Unveils New Measures to Lure Bankers from London

07/07/2017 Ranbiz

The French government on Friday pledged to remove some of the charges banks pay in France and make sure they are not overregulated compared to European peers as it launched…

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Tesla to Install World’s Largest Battery in Australia

07/07/2017 RanIT

South Australia has picked Tesla to install the world’s largest grid-scale battery, which would be paired with a wind farm provided by France’s Neoen, in a major test of the…

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