Wednesday, 25 April 2018

Business

After Christmas, holiday shopping season continues

Family carrying shopping bags in mall

BAY AREA: Christmas may be over, but the holiday retail season isn’t. After a brief respite on Christmas day, retailers swung open their doors once again Tuesday – some with extended opening hours – hoping to lure shoppers with steep post-holiday discounts, or to accommodate a busy day of people ...

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Israel Could Issue World’s First State-Backed Cryptocurrency

Israel-Worlds-First-State-Backed-Cryptocurrency

WEST BANK: The Bank of Israel and the country’s Finance Ministry are rumored to be weighing the possibility of issuing a state-backed cryptocurrency, according to an anonymous source with the ministry. While the central bank has been considering the plan for several months, the Knesset, Israel’s single-chamber parliament, would have ...

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Woman shocked to see online electric bill of $284 billion

ELEC-BILL

NEW YORK: A Pennsylvania woman says she went online to check her electric bill and was shocked at the amount – more than $284 billion. Mary Horomanski said her eyes “just about popped out” of her head when she saw the number. The 58-year-old suspected that her family had put ...

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60% of rubbish in waste bins ‘should have been recycled‘

rubbish waste bins

MANCHESTER: Almost 60% of Scotland‘s household rubbish in waste bins could have been recycled, according to a new report. The cost to councils of sending this to landfill amounts to about £54m per year, says Zero Waste Scotland. Its study found that 670,000 tonnes of waste that could have been ...

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DGCA allows made in India aircrafts to use for civilian flights

Airplane

MUMBAI: DGCA has allowed Indian Aircrafts to used as Commercial flights. Soon, made in India aircrafts will be used as Commercial flights. It is a big boost to the Make in India Programme of PM Narendra Modi. As per the Media reports, the Directorate General of Civil Aviation has allowed ...

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London Euston welcomes homeless for Christmas meal

London Euston homeless Christmas meal

LONDON Euston station has hosted 200 homeless people for a Christmas meal. Volunteers transformed the station with decorations and tables set out for guests. On the menu was a four-course lunch including a roast dinner, smoked salmon, soup and a Christmas pudding. A piano played festive classics on the concourse, ...

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Apache announces restart of production at Forties field

Apache announces restart of production at Forties field

HOUSTON — Apache North Sea confirms that production from the company’s Forties field has been restarted as of Dec. 23, 2017, following the completion of unscheduled maintenance of an onshore section of the Forties Pipeline System, which is owned and operated by a third party, INEOS. Apache anticipates it could ...

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Morgan Stanley says the true price of bitcoin might be zero

bitcoin

Morgan Stanley analyst James Faucette and his team sent a research note to clients a few days ago suggesting that the real value of bitcoin might be … $0. That’s zero dollars. (Bitcoin stood at around $14,400 at the time of writing.) The paper (titled “Bitcoin decrypted”) did not give ...

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World’s largest amphibious aircraft makes maiden flight in China

AG600

BEIJING: China’s homegrown AG600, the world’s largest amphibious aircraft in production, took to the skies on Sunday for its maiden flight. The plane, codenamed Kunlong, according to the state news agency, took off from the southern city of Zhuhai and landed after a flight of roughly an hour. With a ...

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Investor bets $1M on Bitcoin reaching $50K within 12 months

Bitcoin

LONDON: An investor has put his 1 million dollars on a bet that Bitcoin will reach 50,000 dollars by the end of 2018. The investor, most probably an institutional investor, placed the bet on LedgerX, an online market of Bitcoin derivatives. The first of its kind trade was confirmed last ...

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