As a pilot project from Facebook brings cryptocurrencies back into the limelight, Bitcoin crossed the $11,000 mark on Monday, creating a more-than-15-month high. The digital coin beat the intraday high of $11,307.69 around 5.30 am (HK/SIN time) on Monday, as per Coindesk’s…
The prices of oil rose by over 3% on Thursday, as per official data. The U.S. crude stocks dropped more than predicted and the Organization of the Petroleum Exporting Countries (OPEC) and different producers finally set a date for discussion on output…
ProteaFire is all but extinguished as South Africa stare at an early ICC World Cup 2019 exit. Having won only one of their six matches (with one being lost to the unpredictable and gloomy English weather), the Proteas are almost at the…
Juul, an e-cigarette giant, on Wednesday, came against San Francisco supervisors, who permitted a measure to ban the sale of e-cigarettes in the city. If the legislation is accepted, San Francisco would become the first city in the country to take such…
Pakistan, last month, signed an agreement with Washington-headquartered International Monetary Fund (IMF) for a $6.0 billion bailout package, planned at improving its finances and supporting a sluggish economy, as attempts to overcome a surging balance-of-payments crisis intensify. “Does treasury just do what…
On Tuesday, Canada approved the proposal to extend the western Canadian crude oil pipeline it purchased last year, offering a helping hand to a depressed energy sector, but vexing environmental groups. The expansion activities for the Trans-Mountain pipeline are set to resume…
Pfizer Inc. announced on June 17 that it would acquire Array Biopharma Inc. in cash for a sum of $10.64 billion, with the hope that this deal will help revolutionize Pfizer’s oncology drugs pipeline. A hefty premium of 62% was agreed upon…
Over 20 Chinese activists who were involved in the Tiananmen Square pro-democracy movement asked the United Nation’s top human rights body on Monday to an inquiry into Beijing’s fatal crackdown 30 years ago. Wang Dan and 21 others, supported by the Chinese…
The official China Daily reported that Hong Kong’s “fugitive rendition arrangements are purely an internal affair”, and that countries, such as the United States and Great Britain, should have no business in the matter. “Indeed, their sanctimonious posturing is hypocritical, given their…
Microsoft India, on June 13, announced plans to launch AI digital labs in the nation in collaboration with 10 higher educational institutions, including ISB and BITS Pilani. As revealed by Microsoft in a statement, it will provide curriculum and content, infrastructure, developer…
