Police departments throughout the U.S. are considering the use of Google Glass as a crime fighting tool. During a press conference last week, New York City Police Department Commissioner Bill Bratton confirmed the department is already using the smart glasses. More than a dozen departments are interested in equipping their officers with Google Glass, the [...]
Virgin Atlantic is working with SITA, the IT Company specializing in air transport industry on a six-week trial project. Employees at Heathrow airport terminal 3 will wear either Google Glass or Sony’s SmartWatch 2 as a part of the service for top-of-the-top flyers travelling to the Upper class wing to have faster access to passenger [...]
Two of our highly important global resources, Energy and water are intricately linked. However, when it comes to organising, the regulatory agencies, who manage these valuable resources, are often disunited and uncoordinated in their decision-making. With the World Bank recently launching its Thirsty Energy initiative, it appears that the energy-water nexus is finally being given [...]
Korean phone manufacturer Samsung is reportedly expected to announce its highly-anticipated Galaxy S5 at its Unpacked event at this year’s Mobile World Congress (MWC) in Barcelona, an industrial trade-show. The firm has also released a teaser image for its upcoming Galaxy S5 unveiling that suggests that the Samsung Galaxy S5 is going to be one of [...]
The economic problems of Spain were put in strong relief after figures showed that unemployment is near 25 percent Friday.The figures showed that unemployment has spiked to 24.4 percent in the first quarter of 2012. Now people are afraid that France, the second-biggest eurozone economy, also could face a downgrade from S&P after the presidential elections.
Deutsche Bank AG reported a fall in its first-quarter net profit by one-third from a record level a year earlier. Deutsche Bank blames this on the sluggish client activity, which has continued to pressurize investment banking activities across the board and due to exceptional charges has resulted in the bank’s effort to reduce risks.
Harli Jordean’s marble company has a long story behind its evolution. London’s tiny tycoon has been running the blooming, prosperous and successful marbleking.co.uk website for two years, selling anything from tubs of marbles to £599 limited edition Duke of York solitaire tables.
Vinci is a French construction and concessions company. Vinci was formerly called Société Générale d’Enterprises. There are over 179,000 employees working at Vinci and it is the largest construction company in the world by revenue. Vinci Construction offers our customers unparalleled breadth and depth of expertise.
Within the heart of Venezuela’s dark and mysterious jungle lie islands, isolated islands of sandstone which have eventually been forgotten by time. Mount Roraima is the tallest of tepui plateau in the Pakaraima chain in South America.
Warren Buffett was diagnosed Tuesday with prostate cancer, a development that would probably heighten the questions over his successor as the chief executive of his corporation, Berkshire Hathaway. However, Mr. Buffett has made it very clear that he would continue to run his corporation, writing to shareholders that the disease was in Stage 1 and that he had been told by doctors that it was not remotely life-threatening or even debilitating in any meaningful way.
The consumption of Coca-Cola Company’s countless beverages in India led to a growth in its sales around the world in the Q1, where volume soared 20 percent. The growth has definitely pushed the company’s earnings above what the analysts’ expected, that is, to $2.05 billion, or 89 cents a share, in the quarter ended March 31, compared with 82 cents a share in the same quarter last year.
Citigroup made profits of $2.9 billion in the first three months of the year. Citigroup said that it had been helped by record revenue from processing transactions for its international clients and more customers repaying loans on time. Revenue fell 2 percent to $19.4 billion from the year-ago quarter.
The Commerce Department said Monday that there was 0.8 percent rise noticed in retail sales increased 0.8 percent, after rising 1.0 percent in February. Some of the increase went to higher gas prices. U.S. Consumer spending accounts for more than two-third of its economic activity.
The doubling of Chinese Yuan trading band indicates official buoyancy in the strength of the economy’s expansion and suggests that the dismissal of Bo Xilai from the communist party leadership has not hampered the policymaking. The change that took effect Monday has added to Jim O’Neill’s confidence in a soft landing.
Coinstar Inc. heaved its first quarter forecast, stating cost efficiencies in obtaining content and higher demand for its movie rental kiosks and lower card-processing fees for Redbox. The after-hours trading saw a rush of shares for Coinstar.
BrightSource Energy Inc., a California solar-power developer, plans to go public, in spite of an unenthusiastic market for solar companies and an uncertain outlook for renewable-energy firms. A 392-megawatt solar-thermal power plant is being built by BrightSource in the California desert and BrightSource also plans to build several similar facilities in the U.S. Southwest.
Las Vegas Sands Chairman and CEO Sheldon Adelson, the U.S. billionaire, launched its long-delayed fourth resort, Cotai Central on Wednesday. It is a $4.4 billion complex that is its latest bet on continued strong growth in the world’s biggest gambling market. The executives of Sands China Ltd. inaugurated the Sands Cotai Central opening the doors to a traditional Chinese dragon dance, high-wire tightrope performance and the unveiling of a 5,500 pound bronze and gold ‘God of Fortune’ statue.
The president of Boeing Jim Allbaugh signed an agreement with Frederico Curado of Embraer after the annual meeting of a public-private partnership group that ties the two countries together. This deal clearly would increase the competitive pressure on Airbus.
A 35 percent drop in the U.S. venture-capital fundraising was experienced in the first quarter of 2012. Industry experts believe that the investors might just be taking a break before they begin undertaking more funds in earnest. 42 separate funds raised a $4.9 billion total pot at the end of the quarter, including ones from Bain Capital Ventures and Canaan Partners. This is 9 percent fewer participating funds than the same quarter a year earlier, which raised $7.6 billion.