German government is going to legalize fracking (extracting oil and natural gas from shale plays). April 1, the Federal Environment Minister of Germany Barbara Hendricks presented a draft law on the use of hydraulic fracturing in Germany. Under the new law, shale gas production will be possible on the territory of the Federal Republic of Germany in 2018. The adoption of the law is a...

Being true to the saying that “history repeats itself”, there is a growing practice of commercialised placenta-based food production in Britain. However, the said market has come to a standstill as it is under the scrutiny of the Food Standard Agency. London, United Kingdom- 25 March 2015- Corinne Purtill reports that pills prepared from human placentas are being sold in the United Kingdom. The...

Within 20 years, we will witness an acute shortage of many commodities, Goldman Sachs analysts report. According to their calculations, just in two decades we will be out of gold, diamonds and zinc, and in 40 years, the reserves of platinum, copper and nickel will come to the end too. - The combination of two factors - a very low concentration of metals in the earth's crust and a very small...

In a bid to grab a share of the Internet of Things market, IBM will invest US$3 billion over four years in this segment. The company plans to set up new IoT systems and services to enterprises. IBM director of analytics Erick Brethenoux said, “We’re only at the very beginning of an amazing revolution. If we thought we were dealing with big data now, we haven’t seen anything yet.” According to...

The Shanghai International Energy Exchange is about to open its crude oil futures trading in the global market. Investors and commodity holders see positive future potentials in Chinese market. Hainan, China (Xinhua)- 29 March 2015- In Chinese trade market, according to BOAO forum, the Shanghai International Energy Exchange, addressed as INE in brief, announced its intentions on shortly...

The country with huge population of around 1.4 billion people has set an ambitious goal production more than three times its solar power capacity to 100 GW by 2020. World’s topmost emitter of carbon dioxide is now aiming to install new solar projects with capacity of around 17.8 GW in 2015 (according to China’s National Energy Administration). China has increased the solar energy production...

Trading volume on the Chinese stock markets rose to $ 198 billion, and Chinese people have registered 1.14 million exchange accounts in the past week. However, experts believe that, in the face of declining economic growth and harsh tax policy, unprofessional amateur players can lead to the formation of bubble and eventually collapsing of the Chinese stock exchanges. The rapid increase in the...

The digital revolution shakes the foundations of credit institutions, forcing them to create more innovative products and become more loyal to customers. Currently, banks are at a crossroads. The digital revolution now transforming almost every aspect of our lives and in many ways it touched the banking industry too. According to bankers, writes the Financial Times, it shakes the foundations of...

Airlines in both Canada and Europe have announced that they would adopt a US requirement for commercial pilots to be not left alone in the cockpit in the wake of the recent deliberate crash of Germanwings flight travelling from Barcelona to Dusseldorf. Air Canada plans to implement the change without any delay while EasyJet Airlines headquarteredin the UK plans to change the regulation this...