Saturday, 23 June 2018

Business

DGCA allows made in India aircrafts to use for civilian flights

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 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

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

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

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

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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Amazon acquires smart home video platform Blink

LONDON: Home security provider Blink earlier this week announced a new wireless doorbell that’ll debut at CES next month. The company topped that news with word that it has been acquired by Amazon. Blink announced the acquisition in a brief post on its blog earlier today. As of writing, Amazon ...

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Bitcoin Lost Almost $8K in Value in the Last 24 Hours

If you’re Bitcoin-rich and sitting on enormous, life-changing gains, here’s a tip from the pros: Sell loudly, publicly and theatrically. You just might avoid charges of epic hypocrisy. In recent days, members of the cryptocurrency old guard have announced they’re bailing out. Some, like Emil Oldenburg, claim to be switching ...

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Amazon apologises for call centre worker sent threats to customer

LONDON: Michael Jacobson received five book recommendations including Death, Follow You Home and Suicide’s An Option.. “We have zero tolerance for any misuse of customer data and have apologised to the customer,” Amazon, which offered Mr Jacobson a £50 goodwill gesture, said. “The individual involved no longer works for Amazon,” ...

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Tesco will become the first supermarket to go food waste-free

LONDON: The supermarket giant says that all edible food products will be passed on to local charities to help nearby poor or homeless communities. Dave Lewis, who spent nearly three decades at Unilever before becoming the chief executive of Tesco in 2014, said the initiative will involve all 2,654 stores ...

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