Military drones are the future of air combat and air surveillance. Although USA leads the way in this business, European countries are joining forces to create an unmanned aerial vehicle (UAV) of their own. Finmeccanica was the last company to team un with other aerospace giants on the continent to create a European ... read entire article »
A 10-year-old plan on gas supply delivery between Russia and China has come to a halt after the two country's presidents could not reach a consensus yesterday, in Shanghai. The giant gas deal, estimated at 300 billion euros, hit a new obstacle because Russia i ... read entire article »
Few shops have ever sparked such controversy among citizens than the 9/11 gift shop that will open its doors on Wednesday, at the 9/11 Memorial Museum. Those interested will be able to purchase hats with the New York Fire Department symbol, stuffed dog animal ... read entire article »
If you are a motivated entrepreneur or an ascending company, you might consider joining the new business trend and re-locate to Bulgaria. EU's poorest country, Bulgaria, is attracting waves of foreign direct investments since 2009 due to its average cost of ... read entire article »
Apple and Google decided to turn over weapons and, instead, work together. The two tech giants have been fighting over a smartphone patent since October 2010, with no clear victory from either sides. Google's Motoral Mobility handset unit was the apple of discord ... read entire article »
A fungus is threatening to ruin everyone's favorite morning beverage, the coffee. Nicknamed 'coffee rust', the fungus has already brought about $1 billion worth of damage to the coffee industry in Latin America and could further cut into production by as much a ... read entire article »
Another 2.7 million cars are to be recalled by General Motors, mostly due to concerns regarding faulty brake lights. The car maker has been putting more emphasis on safety after it had to call back 2.6 million cars on the basis of ignition problems. 'We have ... read entire article »
A wide-spread fast-food strike hit 6 continents yesterday after workers in the industry united under a $15 hourly pay demand movement. Workers from McDonald's, KFC, Burger King and other fast food chains took to the streets in 150 American cities and 80 other ... read entire article »
Qatar has been pressured into developing new labor rights after preparations for the 2022 World Cup revealed restrictive and poor employment conditions, especially for foreign workers. For example, workers could not change jobs without their employer' ... read entire article »
Protests at the South African Lonmin platinum mine have entered their 16th week and, although still legal, the strikers are becoming increasingly more violent as they try to block anyone's entrance in the mine. The strike commenced over bad wages and poor working ... read entire article »
In an effort to reduce the country's debts, the Italian government is auctioning-off a 99 years lease for the Poveglia island, an unpopulated 17-acre island near Venice. A word of warning, though, to those interested in owning the island, for Poveglia has a ... read entire article »
America becomes the top wine market worldwide after Americans started drinking more and the French less. The International Wine and Vine Organisation published figures revealing that, while US drinkers bought 29.1 million hectoliters of wine last year, the French ... read entire article »
The 1.2 billion euro deal between France and Russia regarding military equipment sparked lots of criticism. Despite all sanctions imposed by the European Union and US, Russia will get the two military ships by 2015. Three years ago, France and Russia signed a ... read entire article »
German auto maker Volkswagen is about to take full control over the Swedish truck manufacturer Scania. The deal is about to settle after a small group of shareholder decided it will accept Volkswagen's offer. Swedish pension fund Alecta has just shy over two ... read entire article »
EasyJet, the British low-cost airline, is having difficulty prediciting passengers behavior this summer as the football World Cup might influence their holiday choices and bookings. Carolyn Mccall, Chief Executive, warned of future difficulties the company might ... read entire article »
While the EU, together with the US are adding more and more sanctions to Russia in order to slow down its economy and power-driven urges, France is going to deliver it two Mistral helicopter carriers, worth approximately 1.2 billion euros. French officials defend ... read entire article »
Gazprom, the Russian state-owned gas supplier, declared that it is preparing to cut off all gas supplies going to the Ukrainian pipelines as soon as June 3. Alexey Miller, chief executive to Gazprom, will halt supplies in Ukraine if the country fails to meet a ... read entire article »
Lonmin, the world’s third largest mine, located in South Africa, has reported a $34 million operating profit for the first quarter of the year, as compared to the $93 million reported for the same period of last year. The serious plunge in earnings comes after ... read entire article »
If you are the kind of person that loves applying filters on the photos you’ve just taken and have dreamt of seeing the world in those Polaroid-like warm colors, then you will be glad to know that the new Tens sunglasses let you see the world in a continuou ... read entire article »
China plans build a railway that would take passengers from Beijing to America in just two days. It’s a well-known fact that China is an adept of mega-structures, especially if these include anything train-related. A report in the state-owned Beijing Time ... read entire article »
