News

Samsung tries to stop Nvidia chips entering the US market

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Samsung Electronic Co. filed a complaint against Nvidia Corp. as it tries to stop the Santa Clara-based technology company’s computer graphic chips from entering...
GENeco Bio-Bus

Bio-Bus that runs on human poop and food waste takes to the road

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The first bus that runs on gases generated from human poo and food waste has hit the road in England. Its creator, GENeco, a...
Emily Thornbury resignation

Do Labour champagne socialists no longer represent the working classes?

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It is one thing to say you are a socialist, and another to say you are and live in a £3 million home. But...
People's Bank of China

China cuts rates, less profitability for lenders

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The Chinese central bank unexpectedly cut rates on Friday, reducing the benchmark lending rate by 0.4 percent down to 5.6 percent, and lowering its...

OPEC giant split set to occur at next meeting

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When OPEC next meets in Vienna on November 27th, don’t be surprised if there is a giant acrimonious split between those who want oil...
Senator Mathias Cormann

Medibank flotation $5.7bn proceeds to be invested in infrastructure

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The flotation of Medibank, Australia’s biggest private health insurance company, will earn the Government $5.679 billion. Finance Minister Mathias Cormann said the proceeds will...

Microsoft testing K5 robot security guards by Knightscope

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Microsoft is testing out the "K5" robot security guards that can move autonomously and are equipped with advanced cameras and sirens and alarms that chime off...
Apple Inc., logo

Judge approves Apple’s $450 million E-book settlement

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A federal judge in New York has approved Apple Inc’s $450 million settlement over E-book price fixing. The final approval, which was granted by Judge...
Yuan

Offshore yuan center being created in California, says ICBC

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Los Angeles signed an agreement with China's Industrial and Commercial Bank (ICBC) to create an offshore yuan center in California as a means of...

What is an annuity?

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An annuity is a contract you make with an insurance company in which you pay a lump sum or contribute a series of payments...