Scientists develop new kind of photon beam which may be secret weapon against cancer

Scientists develop new kind of photon beam which may be secret weapon against cancer

Scientists have made a major breakthrough using non-toxic silicon nanocrystals to create higher-energy light which could create the next generation of high-tech cancer treatments. Researchers from the University of California, Riverside and the University of Texas at Austin believethey have discovered...
read more
Bridgewater Bets $1.5 Billion That Market Will Crash By March

Bridgewater Bets $1.5 Billion That Market Will Crash By March

At the beginning of 2018, Ray Dalio said during one of his annual speeches at Davos that investors would feel “pretty stupid” if they were holding cash. Over the following 11 months, one of the biggest market blowups since the...
read more
McKinsey: Nearly 60% of the world’s banks wouldn’t survive an economic downturn

McKinsey: Nearly 60% of the world’s banks wouldn’t survive an economic downturn

Nearly 60% of the world’s banks aren’t strong enough to survive a downturn, McKinsey & Company said in its latest global banking review. It also suggested several ways for them to become more resilient. Nearly 60% of the world’s banks ar...
read more
Vietnam & Mexico biggest winners from US-China trade war

Vietnam & Mexico biggest winners from US-China trade war

US imports from its largest supplier China have slumped by 12.5 percent due to the ongoing trade war. Meanwhile, Vietnam and Mexico have been filling this gap with massive import increases. According to the latest report by the US-based Census...
read more
The $47 Trillion Slow Death Sentence For Oil & Gas

The $47 Trillion Slow Death Sentence For Oil & Gas

The future of hydrocarbons is becoming bleak if plans presented by international banks, representing around $47 trillion in value, will be fully implemented. So one assault will come by breakthrough new technologies and another by banks. Around 130 internati...
read more
Scientists Reconstruct Face of Extinct Denisovan Human Relative

Scientists Reconstruct Face of Extinct Denisovan Human Relative

The mystery surrounding the era of the Denisovans, the human race that went extinct about 50,000 years ago leaving almost no clue as to what they looked like, has finally been solved, with the face of a teenager named Denise....
read more
Allianz Global Wealth Report: Financial assets fall for the first time since the financial crisis

Allianz Global Wealth Report: Financial assets fall for the first time since the financial crisis

For the first time since the financial crisis of 2008, global private wealth shrank last year. This was determined by the insurance group Allianz in its Global Wealth Report 2018. Accordingly, global gross financial assets decreased by 0.1 percent year-on-year...
read more
WeWork Valuation Crashes From $47 Billion To As Low As $10 Billion

WeWork Valuation Crashes From $47 Billion To As Low As $10 Billion

The We Company’s underwriters must be having serious trouble securing orders for WeWork’s planned IPO, because in what is at least the fourth reported downgrade to the company’s valuation in less than 10 days, Reuters reports that the compa...
read more
BNP Research: Tough Road Ahead for Oil

BNP Research: Tough Road Ahead for Oil

New research, led by Mark Lewis, Global Head of Sustainability Research at BNP Paribas Asset Management, shows that oil needs a long-term breakeven price of USD 10 – 20/barrel to remain competitive in mobility in his report Wells, Wires and...
read more
Water droplets spontaneously produce hydrogen peroxide

Water droplets spontaneously produce hydrogen peroxide

Stanford chemists discover water microdroplets spontaneously produce hydrogen peroxide. Despite its abundance, water retains a great many secrets. Among them, Stanford chemists have discovered, is that water microdroplets spontaneously produce hydrogen peroxid...
read more
Rumour: Alibaba, Tencent, Six Others To Receive First Chinese Government Cryptocurrency

Rumour: Alibaba, Tencent, Six Others To Receive First Chinese Government Cryptocurrency

China’s central bank (PBoC) will launch a state-backed cryptocurrency and issue it to eight institutions in the coming months, according to a former employee of one of the institutions who is now an independent researcher. Paul Schulte, who worked as...
read more
Huawei launches A.I. chip as it looks to defy US pressure, pitting it against Qualcomm and Nvidia

Huawei launches A.I. chip as it looks to defy US pressure, pitting it against Qualcomm and Nvidia

Huawei announced the commercial availability of an artificial intelligence (AI) chip Friday, pitting it against major American giants like Qualcomm and Nvidia, as it looks to defy continued U.S. pressure and prove it can still bring out core technology. The...
read more
Carrefour prepares to exit China

Carrefour prepares to exit China

Carrefour prepares to exit China, sells 80% stake to Suning. Carrefour has announced that it’s selling 80% of its China operations to Chinese retail giant Suning for 4.8 billion yuan ($700 million). The French supermarket giant retains two of seven seats...
read more
MoneyGram soars 168% from Ripple symbolic investment

MoneyGram soars 168% from Ripple symbolic investment

On Tuesday, money-transfer company MoneyGram saw its stock soar an eye-popping 168% after banking software company Ripple announced it will buy $30 million of MoneyGram shares at a huge premium of $4.10 per share, with the option to buy another...
read more
Huawei Demands Verizon Pay $1 Billion For Using 230 Patents

Huawei Demands Verizon Pay $1 Billion For Using 230 Patents

Huawei has hit upon a new strategy for fighting back against the US: leveraging its massive suite of technology patents to try and force American competitors to fork over billions of dollars. And its first target is Verizon, one of its biggest American...
read more