AI, self-driving cars to rule CES 2017

AI, self-driving cars to rule CES 2017

With the world’s biggest annual electronics event — Consumer Electronics Show (CES-2017) — commencing here on Tuesday, people expect to see a large range of Artificial Intelligence (AI) devices, robots and self-driving cars open a new window to the future of our increasingly technology-driven world. Technology giants that forayed into AI and self-driving cars last […]

Wife of murdered Greek ambassador jailed in Brazil

The wife of the murdered Greek ambassador to Brazil has been jailed after being accused of masterminding his killing in a suburb here. A Rio court on Saturday ordered Francoise Amiridis, the 40-year-old Brazilian to be placed in provisional custody for 30 days. She had been married to Kyriakos Amiridis for 15 years and they […]

S.Korea slashes 2017 economic growth outlook

S.Korea slashes 2017 economic growth outlook

South Korea on Thursday slashed its 2017 economic growth outlook by 0.4 percentage points, bolstering concerns about the protracted low-growth trend, a government report revealed. Next year’s growth forecast was cut to 2.6 per cent from 3.0 per cent unveiled six months earlier, according to the Ministry of Strategy and Finance. The economic expansion below […]

Trump, Obama patch up over ‘positive’ phone call

Trump, Obama patch up over ‘positive’ phone call

US President Barack Obama called his successor Donald Trump on Wednesday to have “a positive conversation”, as tension over Israel and transition been build up, media report said on Thursday. “Today’s call, like the others since the election, was positive and focused on continuing a smooth and effective transition,” a statement from the White House […]

Toshiba shares fall for third straight day

Toshiba shares fall for third straight day

Toshiba shares fell more than 20 per cent on Thursday, the third straight day of heavy losses. The Japanese industrial giant has now had nearly half its market value wiped off since Monday, the BBC reported. It comes after the firm warned that its US nuclear business may be worth less than previously thought. Shares […]

China to build more high-speed railways in 5 years

China to build more high-speed railways in 5 years

China will build more high-speed railways as part of its efforts to establish a comprehensive transport system during the 13th Five-Year Plan period (2016-2020), according to a white paper issued on Thursday. The white paper, titled Development of China’s Transport, said China will increase the length of high-speed railways in service to 30,000 km by […]

US may call for sanctions on Russia

US may call for sanctions on Russia

Three prominent US senators have warned that Russia may face sanctions over the country’s alleged interference in the recently concluded presidential election, media report said on Thursday. Outgoing President Barack Obama is expected to announce retaliatory measures as early as Thursday, the BBC reported. The Republicans John McCain and Lindsey Graham, and Democrat Amy Klobuchar, […]

Samsung retrieves 90% of Galaxy Note 7 in S.Korea

Samsung retrieves 90% of Galaxy Note 7 in S.Korea

Samsung Electronics said on Tuesday that it has retrieved over 90 per cent of the fire-prone Galaxy Note 7 smartphones sold in South Korea, leading the company to consider software upgrades to further limit the battery-charging capability. Over 850,000 Note 7 devices have been retrieved among about 950,000 phones sold here, raising the recovery rate […]

Fake news spurs Pakistan-Israel Twitter war

Fake news spurs Pakistan-Israel Twitter war

Pakistan and Israel has been led to a verbal feud, threatening each other of nuclear war after a fake news story caused tensions between the two nuclear nations. According to a report on CNN on Monday, in an article published by AWDNews on Tuesday, December 20, former Israeli Defence Minister Moshe Yaalon was falsely quoted […]