Amazon shutting its domestic e-commerce business in China
Amazon announced that it plans on shutting its domestic e-commerce business in China. It will focus more on “cross-border” selling to Chinese consumers.
"We are notifying...
Pinterest prices its IPO at $19 per share, valuing the firm at $10 billion
Tech unicorn Pinterest priced its initial public offering (IPO) at $19 per share, valuing the social media giant at $10 billion.
Pinterest originally proposed a...
Demand for solar panels has pushed up the price of silver
Strong demand for solar panels has pushed up the price of silver, which could make producing solar panels more expensive in the future, according...
Netflix boasts over 148 million subscribers worldwide
Netflix now boasts more than 148 million subscribers worldwide, adding 9.6 million subscribers in the last three months, more than the 8.9 million it...
Israeli scientists successfully 3D printed a heart complete with blood vessels
Scientists at Tel Aviv University successfully printed the world’s first 3D printed heart complete with blood vessels using a patient’s own biological materials and...
EU authorizes formal trade talks with the US
EU ministers on Monday authorized formal trade talks between the United States and the European Union countries.
European Union Member States gave the Commission the...
IMF head Christine Lagarde said Brexit extension helped avoid a “terrible outcome”
The head of the IMF, Christine Lagarde, said that the six‑month Brexit extension given to the U.K. by the EU helped avoid a "terrible...
Aggressive electric vehicle adoption would improve overall air quality
According to new research, an aggressive adoption of electric vehicles (EVs) would reduce net carbon emissions and improve overall air quality.
A study conducted by...
IMF chief economist says global economy is at “delicate moment”
The International Monetary Fund's chief economist, Gita Gopinath, said that the global economy is at a “delicate moment”.
Ms Gopinath doesn’t expect a global recession,...
Flying cars would have a niche role in sustainable mobility for longer trips
Flying cars, known as electric vertical takeoff and landing aircraft, or VTOLs, would not be suitable for short commutes, but could play a "niche...