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Everyday Life In Ethiopia

East Africa Islamic Finance Summit 2016 Will Be Held to Discuss Islamic Finance

The summit will provide a platform for foreign investors, African companies, and regulators to meet, discuss relevant issues, and form relationships. East Africa has a strong potential to develop Islamic Finance because of the high demand for its services and products.

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The DARPA Urban Challenge driverless car...

UK Insurance Industry Discuss the Issue of Autonomous Car on Public Road

Association of British Insurance (ABI) will lead the newly created Automated Driving Insurance Group. The group is established to discuss issues regarding driverless car.

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Vintners Close The Book On 2014 Grape Harvest

California Drought Has Affected U.S. Wine Industry

Four years of drought in California is recorded as one of the most severe. The drought has taken effect on U.S. wine industry, as the amount of grape harvested is reduced significantly.

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Gov. Brown Signs Legislation At Google HQ That Allows Testing Of Autonomous Vehicles

Baidu is Determined to Enter the Markets of Autonomous Cars

The statement came from Baidu's senior vice president Wang Jing. He believes that Baidu has some advantage over other car makers, especially local knowledge. The company has already invested a lot in the development of AI, that could help the development of autonomous cars.

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Traders Work On The Floor NYSE As Stock Rout Deepens

Dow Jones Continues to Drop on Monday and Market Waits for The Fed Meeting This Week

U.S. stock declined sharply on Monday over concern of economic condition and oil price. The Fed is scheduled to have a meeting this week, and market anxiously wait for the next step U.S. central bank will take.

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Automakers Showcase New Models At New York International Auto Show

GM And Chinese Coportation Open Cadillac Plant in China To Woo Luxury Market

GM with its main Chinese partner have opened a Cadillac plant in Shanghai on Thursday, 21 Jan 2016 to take advantage of the potential growth in the overcrowded luxury market of China. Cadillac plant has capacity to produce 160,000 vehicles annually. Cadillac believe the luxury car market offer a lot margin opportunity notwithstanding pressure in pricing. Shares of GM have been reported trading on NYSE higher by more than 1 percent on Thursday.

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Visitors Attend The Skills London Job Fair

UK unemployment rate at 10-year low; earnings slow down

The jobless rate in the UK was recorded at 5.1 percent for the quarter ending November 2015. This showed the lowest jobless rate since October 2005. However, wage growth is slowing down in the UK industry. The employment rate was at high of 74 percent since 1971, according to the latest data released by Office for National Statistics.

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On Site With Randgold Resources Ltd. Chief Executive Officer Mark Bristow As He Visits The Loulo-Gounkoto Gold Mines

Gold production has peaked at 3,155 tonnes, prices seen to rise 3%

Gold supplies peaked at 3,155 tonnes in 2015, while global gold production is expected to fall 3 percent in 2016, which means prices could increase this year.

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Tata Steel Expected To Axe Jobs In Scunthorpe Today

Cheaper Chinese imports, sluggish demand force Tata Steel to slash 1,050 jobs in UK

India-based Tata Steel is reducing manpower by 1,050 in the UK operations. Tata Steel is among other steel producers suffering from falling steel prices and cheaper imports from China. The UK steel industry is urging European Commission to take necessary action against unfair trade imports.

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China Sees First Quarterly Trade Deficit

Nickel, copper gain, as Chinese equity market performs better

Nickel and copper lead the gains on the London Metal Exchange as Chinese equity market gained, which calmed concerns over financial turmoil in the world’s second largest economy.

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Port Area Ahead Of Hong Kong's Trade Figures

Surplus in China's Trade As December Export Shows Increase

On Wednesday, China revealed its export in December 2015 showed a 2.3% raise from November. Data from China's General Administration of Customs shows the nation's trade surplus, and the report has lifted the market a bit.

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JAPAN-TOY-ROBOT

US Megabot featured in Zappos, CES 2016 in Las Vegas

Megabots’ Mk. II showcases capabilities at Zappos and Consumer Electronic Show (CES) 2016 to hopefully win the Extreme Tech Challenge (XTC) grand prize to further enhance their robot and fight Japan’s Kuratas, by Suidobashi Heavy Industry.

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White Corn Harvest As Strong Rand Makes Imports Cheaper

South Africa to import white corn from South America due to severe drought

South Africa plans to import 5 million tonnes of white corn from South America as the worst drought since 1992 continue to ravage the area, according to Grain SA, the biggest producers association in the country.

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IGI Airport

Dense Fog Halts Delhi Airport For 6 Hours, Further Deterioration Feared

Delhi residents have been witnessing chilling cold, drizzling and heavy fog. The Fog is so dense that visibility range has been reported to remain around 75 meters during 10 am to 4 pm. Despite adopting highest ILS, CAT IIIB, air movement has been kept stalled for around 6 hours. According to IGIA met office partly thundery weather may prevail on Sunday next.

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