The Federal Reserve has given the green light to all 34 of the biggest banks in the U.S. to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a major economic downturn. It was the first time in seven years of annual “stress tests” …
your ad hereVolcanic Rock Stoves Cook Food – and Protect Forests – in Uganda
Cooks at a community kitchen in Kampala’s Nakasero Hill business district are preparing a traditional breakfast of green bananas in offal sauce using a very untraditional means of cooking – volcanic rocks. It’s a method that some are hoping will take off across Africa, to help protect forests and improve …
your ad hereAmerica’s Cup Foiling Technology Set to Fly Beyond Racing Boats
From water taxis that “fly” on hydrofoils to aircraft wings and cutting-edge car steering wheels, the America’s Cup has produced technology with potential far beyond its “foiling” catamarans. With their focus on carbon fiber and aerodynamics, the teams that fought for the America’s Cup attracted partners including planemaker Airbus and …
your ad hereRed-hot Iceland Keeps Some Investors Out in the Cold
Iceland spent nearly a decade trying to keep foreign money in the country after a financial collapse, now it is trying to keep some of it out. The economy is booming again and hedge funds and other foreign investors want exposure to a surging tourism sector, banks, property, infrastructure and …
your ad hereA Decade Ago, Apple’s iPhone Transformed the World
In the two years leading up to June 29, 2007, when Apple’s iPhone went on sale, company co-founder Steve Jobs and a select team were hard at work secretly designing what would become a global game changer. The initiative even had a code name, “Project Purple.” By all accounts, the …
your ad here‘Petya’ Computer Virus Spreads From Ukraine to Disrupt World Business
A new cyber virus spread from Ukraine to wreak havoc around the globe on Wednesday, crippling thousands of computers, disrupting ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. The virus is believed to have first taken hold on Tuesday in Ukraine where it …
your ad hereUN: Terrorists Using ‘Dark Web’ in Pursuit of WMDs
The U.N.’s disarmament chief warned Wednesday that terrorists and non-state actors are using the so-called dark web to seek the tools to make and deliver weapons of mass destruction. “The global reach and anonymity of the dark web provides non-state actors with new marketplaces to acquire dual-use equipment and materials,” …
your ad hereHead of Top US University for the Deaf Visiting Africa
The first-ever deaf woman leader of a U.S. university for deaf students is touring Africa, hoping to learn and to teach institutions here how to provide for hearing-impaired students. In South Africa, an estimated one-fifth of the disabled population is hard of hearing. Anita Powell shares a portion of her …
your ad hereSamsung Investing $380M in Newberry, Creating 950 Jobs
Samsung is investing $380 million in South Carolina to manufacture home appliances, creating an estimated 950 jobs over the next three years. State and company officials said Wednesday that Samsung is locating in the former Caterpillar plant in Newberry. Production is expected to start early next year. The company …
your ad hereEuropol: Tuesday’s Worldwide Cyberattack ‘More Sophisticated’ Than Previous Hacks
A cyber-attack Tuesday that hit companies across the world is similar to a ransomware attack last month that targeted hospitals in Britain, although the most recent hack was potentially “more sophisticated,” according to the European police agency. Europol director Rob Wainwright called the hack “another serious ransomware attack.” He said …
your ad hereAnalysts: Thailand Taking Bet on Legalizing Casinos
More than 80 years after Thailand introduced gambling laws, analysts say the nation is betting on legalizing casinos in hopes of boosting tourism and being a player in regional casino development. Gambling in Thailand is officially banned, apart from the state-run lottery and betting on horses at the Bangkok Turf …
your ad hereCyberattack Stops Shipper Maersk Taking New Orders, Causes Delays
Denmark’s A.P. Moller-Maersk, owner of the world’s largest container shipper Maersk Line, has been hit by the global Petya cyberattack, preventing it from accepting new orders. The cyber extortion campaign, which has disrupted businesses around the world, has also caused congestion at some of the 76 port terminals run by …
your ad hereCairo Airport to Screen Passengers from Sudan for Cholera
Egypt’s Cairo airport has started screening passengers arriving from Sudan for signs of cholera because of a reported outbreak there, the head of airport quarantine said Wednesday. Similar measures are already carried out in the Cairo airport for people arriving from Yemen due to an epidemic there. “The number of …
your ad hereKenya’s New HIV Treatment Offers Hope for Patients
Kenya is set to be the first African country to introduce better HIV treatment for people living with the disease that causes AIDS. In partnership with the Kenyan government, UNITAID and the World Health Organization have introduced a generic first-line drug for people living with HIV. Speaking at a …
your ad hereChina Frees 3 Activists who Probed Ivanka Trump Supplier
Chinese authorities have released on bail three activists who had been detained after investigating labor conditions at a factory that produced shoes for Ivanka Trump and other brands. The three activists walked out of a police station in Ganzhou, a city in southeastern Jiangxi province, on Wednesday, the final day …
your ad hereGlobal Cyberattack Hits Indian Port
A global cyberattack disrupted operations Wednesday at India’s largest container port, adding to the headaches of governments and businesses affected by so-called ransomware code that takes a user’s data hostage until the victim agrees to pay for its release. The problems at Jawaharlal Nehru Port in Mumbai involved a terminal …
your ad hereExperts: Global Cyberattacks to Increase
International business in the United States and Europe, as well as Ukrainian state institutions, were among those affected by cyberattacks on Tuesday. The virus locked digital files and demanded payment for help to restore access to them. VOA’s Zlatica Hoke reports. …
your ad hereTech Innovations for Developing Countries
While technological revolution is changing much of the world, there are still areas that have seen only very small benefits, or none at all. There, people still live without electricity, clean water and basic healthcare. At a competition recently held in Washington, innovators presented affordable new devices, specially designed to …
your ad hereSkin Patch Vaccine Protects Against Influenza
Scientists have developed a skin patch that may soon take the “ouch” out of being vaccinated. Every year, in the United States, less than half of the adults who should get a flu vaccine actually get the shot. That’s a problem because while most people tend to think of influenza …
your ad hereReady or Not, Indian Businesses Brace for Biggest-ever Tax Reform
Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory for a month to give himself time to adjust. Jain is one of millions of small business owners who face wrenching change …
your ad hereEU Hits Google With $2.7B Fine for Abusing Weaker Rivals
European regulators fined Google a record 2.42 billion euros ($2.72 billion) for abusing its dominance of the online search market in a case that could be just the opening salvo in Europe’s attempt to curb the company’s clout on that continent. The decision announced Tuesday by the European Commission punished …
your ad hereAP Explains: What is Ransomware?
Computers around the world were locked up and users’ files held for ransom in a cyberattack Tuesday that paralyzed some hospitals, government offices and major multinational corporations. Here’s a look at how malware and ransomware work and what people can do if they fall victim to attacks. What is malware …
your ad hereTrump Hails ‘Energy Revolution’ as Exports Surge
President Donald Trump on Tuesday hailed an energy revolution marked by surging U.S. exports of oil and natural gas. Trump cited a series of steps the administration has taken to boost energy production and remove government regulations that he argues prevent the United States from achieving “energy dominance” in the …
your ad hereArab Sanctions Put Crimp in Doha Hotels’ Business
A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism sector, and Doha’s hotels, which would normally be full in the Eid al-Fitr holiday, have seen steep falls in their occupancy rates. A Reuters survey of five major hotels found average occupancy was …
your ad hereFrom Prague to Mongolia, Wild Horses Return to the Steppes
A quarter-century-old project to repopulate the steppes of Mongolia with wild horses was kept alive as four animals made the long trip back to their ancestral home from the Prague Zoo. Driven to extinction in their homeland in the 1960s, the Przewalski’s horses survived in captivity before efforts began to …
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