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Month: May 2018

World Bank: Kenyan Refugee Camp ‘Open for Business’

05/11/2018 Ranbiz

Burden or business opportunity? A new U.N.-backed study of refugees from the World Bank’s International Financial Corporation argues for the latter. The IFC researchers examined one of Africa’s oldest and…

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Smartphone Apps Help You Monitor Your Health

05/11/2018 RanIT

Advanced sensor technology can monitor a wide range of applications, from water quality to air pollution to energy use. Faith Lapidus tells us how a team of scientists at the…

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UN: Protectionism, Debt Threaten Asia Growth

05/11/2018 Ranbiz

A senior United Nations official says trade protectionism, rising private and corporate debt, and shortcomings in revenue raising are growing challenges to the economic outlook for the Asia Pacific. Shamshad…

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Official: Trump Administration Will Allow AI to ‘Freely Develop’ in US

05/11/2018 RanIT

The Trump administration will not stand in the way of the development of artificial intelligence in the United States, a top official said on Thursday, while acknowledging that the burgeoning…

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Mexico Says Time Running Out for Quick NAFTA Deal; Canada Upbeat

05/10/2018 Ranbiz

Mexico on Thursday indicated time was running out to see whether NAFTA nations could agree a new deal in the short term while Canada struck a upbeat tone, saying top-level…

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Italian Researchers Develop Lighter, Cheaper Robotic Hand

05/10/2018 RanIT

Italian researchers on Thursday unveiled a new robotic hand they say allows users to grip objects more naturally and featuring a design that will lower the price significantly. The Hennes…

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A New Silicon Valley is Sprouting in Middle America

05/10/2018 RanIT

Kavitha Kamalbabu needed a break. She had raised her two children and the youngest was now in kindergarten. It was time to turn attention to her career. The 36-year-old wanted…

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Virginia Woman Breaks Glass Ceiling with Wood

05/10/2018 Ranbiz

Virginia Wallen is a wife, a mother of three, and a woodworker. She achieved what she has never imagined she would — turning her carpentry hobby into a business. The…

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Syrian Refugees Showcase Innovation Ideas

05/10/2018 RanIT

No matter where they live, young people are capable of coming up with fresh ideas about how to improve life in their communities. At a recent exhibition, held in the…

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Energy Stocks Jump on Wall Street After US Quits Iran Deal

05/09/2018 Ranbiz

Wall Street surged on Wednesday as surging oil prices boosted energy stocks following U.S. President Donald Trump’s decision the previous day to quit a nuclear agreement with Iran. Gains were broad and volume…

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Google Suspends Advertising Related to Irish Abortion Referendum

05/09/2018 RanIT

Google is suspending all advertising connected to Ireland’s abortion referendum as part of moves to protect “election integrity,” the company announced Wednesday. The move came a day after Facebook banned…

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Hedge Fund Founder Charged with Mismarking Securities

05/09/2018 Ranbiz

 A New York hedge fund founder was arrested Wednesday on charges that he exaggerated his company’s performance by over $200 million to impress and preserve investors. Anilesh Ahuja, 49, of…

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OPEC Source: Saudi Arabia Will Not Act Alone to Fill Any Iran Oil Shortfall

05/09/2018 Ranbiz

Saudi Arabia is monitoring the impact of the U.S. withdrawal from the Iran nuclear deal on oil supplies and is ready to offset any shortage but it will not act…

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US Producer Prices Rise Slightly After Recent Solid Gains

05/09/2018 Ranbiz

U.S. producer prices barely rose in April after strong gains in the first quarter, held back by a moderation in the cost of services such as hotel accommodation and healthcare,…

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New Shoppers Can Try Alexa in Amazon Model ‘Smart’ Homes

05/09/2018 RanIT

Amazon.com Inc on Wednesday said it has set up model “smart” homes across the United States for shoppers to experience what it’s like for voice aide Alexa to dim the…

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Coffee Faces Double Threat to its Existence in Eastern Ethiopia

05/09/2018 Ranbiz

For generations, farmers planted the lush earth of Awedai and nearby areas in eastern Ethiopia with coffee trees, earning a livelihood from a crop that is now the country’s main…

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A New Silicon Valley Where You’d Least Expect It

05/09/2018 RanIT

Silicon Valley — the U.S. hub of technology– is getting so expensive that tech workers are struggling to get by, and start up companies are questioning whether to locate there.…

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US Trade Embargo Has Cost Cuba $130B, UN says

05/09/2018 Ranbiz

A United Nations agency said on Tuesday an “unjust” U.S. financial and trade embargo on Cuba had cost the country’s economy $130 billion over nearly six decades, coming up with…

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Trump to Allow Year-Round Sales of High-Ethanol Gas

05/09/2018 Ranbiz

President Donald Trump will allow year-round sales of renewable fuel with blends of 15 percent ethanol as part of an emerging deal to make changes to the federal ethanol mandate.…

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China Cuts US Soybean Purchases

05/09/2018 Ranbiz

With the threat of tariffs and counter-tariffs between Washington and Beijing looming, Chinese buyers are canceling orders for U.S. soybeans, a trend that could deal a blow to American farmers if…

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PM: Curacao Faces ‘Potential Crisis’ From Venezuela-Conoco Row

05/09/2018 Ranbiz

A legal dispute between ConocoPhillips and Venezuelan state oil firm PDVSA could leave Curacao’s economically important Isla refinery without crude oil to process, posing a “potential crisis” for the Caribbean…

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Al-Qaida Branch Threatens Attacks on Western Companies in Africa

05/09/2018 Ranbiz

An al-Qaida affiliate threatened attacks on Western companies’ operations across North and West Africa on Tuesday, calling them “legitimate targets” and urging Muslims to boycott them. Al-Qaida in the Islamic…

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US Lawmakers’ Help Sought on Use of Encrypting Apps

05/09/2018 RanIT

A digital rights organization has asked congressional leaders for help in persuading Google and Amazon to support a technology that people in authoritarian countries use to get around censorship controls worldwide.…

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Can Shutting Down Online Hate Sites Curb Violence?

05/09/2018 RanIT

GoDaddy has pulled the plug on another online peddler of violence. The popular internet registration service last week shut down altright.com, a website created by white nationalist leader Richard Spencer…

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Uber, US Army To Test Quiet Aircraft Technology

05/09/2018 RanIT

Uber Technologies said Tuesday that it would work with the U.S. Army to advance research on a novel, quiet aircraft rotor technology that could be used in future flying cars,…

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US to Reveal Winners of Drone Program That Attracted Top Firms

05/08/2018 RanIT

Major technology and aerospace companies including Amazon.com, Apple, Intel, Qualcomm and Airbus SE are vying to take part in a new slate of drone tests the United States is set…

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