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Month: February 2018

French Farmers Heckle Macron at Agricultural Fair

02/24/2018 Ranbiz

President Emmanuel Macron on Saturday faced heckles and whistles from French farmers angry with reforms to their sector, as he arrived for France’s annual agricultural fair. For over 12 hours,…

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Investor Warren Buffett: Good Deals Hard to Find on Wall Street

02/24/2018 Ranbiz

Investor Warren Buffett says Wall Street’s lust for deals has prompted CEOs to act like oversexed teenagers and overpay for acquisitions, so it has been hard to find deals for…

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Australia Failing to Curb Corruption, Global Survey Finds

02/24/2018 Ranbiz

Australia appears to be failing in its efforts to crack down on bribery, according to the latest survey conducted by Transparency International, a non-governmental organization based in Germany. The group…

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More US Companies End Marketing Programs With National Rifle Association

02/24/2018 Ranbiz

Three more companies say they have ended marketing programs with the National Rifle Association (NRA), as gun control advocates stepped up pressure on firms to cut ties to the gun…

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AP Fact Check: Toughest Sanctions on North Korea Ever? Not Likely

02/24/2018 Ranbiz

The heaviest, the largest, the most impactful —  those were the superlatives the Trump administration used to describe its latest sanctions against North Korea. But were the Treasury Department designations…

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With Rates Still Low, Fed Officials Fret Over Next US Recession

02/23/2018 Ranbiz

Federal Reserve policymakers fretted on Friday that they could face the next U.S. recession with virtually the same arsenal of policies used in the last downturn and, with interest rates still relatively low, those will…

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EU Leaders Draw Up Battle Lines for Post-Brexit Budget

02/23/2018 Ranbiz

European Union leaders staked out opening positions Friday for a battle over EU budgets that many conceded they are unlikely to resolve before Britain leaves next year, blowing a hole…

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Stocks Rally as Fed Eases Rate Worry, Tech Climbs

02/23/2018 Ranbiz

U.S. stocks rallied on Friday, lifted by gains in technology stocks and a retreat in Treasury yields as the Federal Reserve eased concerns about the path of interest rate hikes…

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Construction Begins on Afghanistan Section of International Gas Pipeline

02/23/2018 Ranbiz

Leaders of Afghanistan, Turkmenistan, Pakistan and its arch rival India jointly inaugurated construction work Friday on the Afghan section of a long-delayed multibillion-dollar gas pipeline connecting the four nations, raising…

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‘Sooner, Faster, Now’ — the Companies Surfing the E-Commerce Wave

02/23/2018 RanIT

Amazon’s assault on the retail industry has brought misery to traditional retailers without a strong web presence. Less well noticed is the patchwork of European companies that are turning the…

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Middle-School Engineering Students Compete to Design City of the Future

02/23/2018 RanIT

More than 40,000 middle-school-aged engineering students from around the world recently competed to design the city of the future. The competition started in the fall of 2017 and culminated in…

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Saudis Promised Double the Fun in Drive to Lure Back Tourist Dollars

02/22/2018 Ranbiz

Saudi Arabia will stage more than 5,000 shows, festivals and concerts in 2018, double the number of last year, as it tries to shake off its conservative image in a…

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Troubled Latvian Bank Faces ECB Deadline to Avoid Closure

02/22/2018 Ranbiz

The European Central Bank has set a deadline of Friday for Latvia’s third-largest bank to plug a financing hole, the country’s finance minister said, as the Baltic state faced its…

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Work on Afghan Section of TAPI Gas Pipeline to Begin Friday

02/22/2018 Ranbiz

Afghanistan will host leaders from Turkmenistan, Pakistan and India on Friday for the ground-breaking ceremony of the Afghan section of a much-delayed multi-billion dollar gas pipeline connecting the four nations.…

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US Companies Urged to Issue ‘Clearer’ Cyber Risk Disclosures

02/21/2018 RanIT

The U.S. Securities and Exchange Commission on Wednesday updated guidance to public companies on how and when they should disclose cybersecurity risks and breaches, including potential weaknesses that have not…

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To Get a Ride, Uber Says Take a Walk

02/21/2018 RanIT

The latest variation of an Uber ride will require a short walk. In eight U.S. cities, the ride-hailing company is rolling out a service called “Express Pool,” which links riders…

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Researchers Harness the Power of Algae to Generate Really Green Energy

02/21/2018 RanIT

Fuel made from plants like corn, soybeans, even algae have been around for decades. Now, researchers have developed an algae-powered fuel cell that is ,self-repairing, self-replicating, biodegradable and much more…

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S. Korea’s Cryptocurrency Industry Welcomes Regulator’s Dramatic Change of Heart

02/21/2018 Ranbiz

South Korea’s cryptocurrency industry is anticipating much better times as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain…

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S. Korea Signs Free Trade Deals With 5 Central America Countries

02/21/2018 Ranbiz

South Korea said on Wednesday it is signing free trade agreements with five Central American nations aimed at boosting market access for the Korean auto sector and electronics makers. Trade…

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Venezuela: Launch of ‘Petro’ Cryptocurrency Raised $735 Million

02/21/2018 Ranbiz

President Nicolas Maduro said Tuesday that Venezuela had received $735 million in the first day of a pre-sale of the country’s “petro” cryptocurrency, aimed at pulling the country out of…

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Pakistani Lawmaker Denies China Talking to Separatists in Baluchistan 

02/21/2018 Ranbiz

There are no talks between China and the separatists from Pakistan’s Baluchistan province regarding the protection of the China-Pakistan Economic Corridor (CPEC), a senator from the province told VOA. First…

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Artificial Intelligence Poses Risks of Misuse by Hackers, Researchers Say

02/21/2018 RanIT

Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial drones into…

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Temer’s Failure on Brazil Pension Reform Leaves Tricky Task to Successor

02/21/2018 Ranbiz

President Michel Temer’s decision to throw in the towel on reforming Brazil’s loss-making pension system leaves the unpopular measure as a campaign issue for October’s elections and a major headache…

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Macron’s State Reform Tsar Looks to Technology to Cut Red-Tape

02/20/2018 RanIT

France is ready to invest in artificial intelligence, blockchain and data mining to “transform” its sprawling bureaucracy instead of simply trimming budgets and jobs, its administration reform tsar said. The…

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Kenya’s KenGen Says to Add Extra 1,745 MW to Grid by 2025

02/20/2018 Ranbiz

State-run Kenya Electricity Generating Company (KenGen) plans to add 1,745 megawatts (MW) of electricity from geothermal sources by 2025, part of a government push to end power generation from fossil…

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Ceramic Body Armor Stronger than Steel

02/20/2018 RanIT

Kevlar body armor saves lives, and the high end vests can even stop armor piercing rounds. But that kind of protection comes at the cost of added heavy weight. A…

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