Japan Lifts Ban on Beef Shipment From Disaster Hit Regions


The Japanese government has lifted the last remaining bans on beef shipments from the Iwate Fukushima and Tochigi prefectures, assuring consumers that a system had been set up to prevent tainted meat from reaching the market.

Barely a month ago, Japanese government officials restricted beef shipments after elevated caesium levels were found in Tokyo from meat shipped from a farm in Minamisoma, a town just outside the no-go zone.

French Billionaires Call For Higher Taxes


Some of France’s richest people, including L’Oreal heiress Liliane Bettencourt and the head of oil giant Total, have signed a petition to pay more tax following U.S. billionaire Warren Buffett’s call to raise taxes on the super-rich, urging the French government to do more to help solve the country’s financial problems.  

The Mad Rush For Libyan Oil Profits Has Begun


The fighting in Tripoli may have yet to be ended, and Muammar el-Qaddafi may have yet to been caught, but the scramble for Libya’s oil wealth has already begun to heat up among numerous international players.

On Monday, Italian oil company Eni became the first company to announce its intentions to return to Libya in order to restart oil production, after months of inactivity due to the escalating conflict.

Infographic: The Future of Speech Recognition Technology


Automated Speech Recognition (ASR) technology is increasingly becoming a more prevalent part of today’s society. Presently, the technology is most evident in our mobile phones or our personal laptop computers where by operations and tasks can be handled by merely our voices.

However, as most of us can attest to, the technology can sometimes be irreliable or inaccurate. Take a look at how far ASR has progressed in the last two decades and find out how new changes could improve the accuracy and efficiency of the technology:

China’s Ghost Towns: Overdevelopment in the Real Estate Market


Some say that the best expression of excess capacity and overdevelopment in China is its real estate market. Shanghai, for example, is a prime instance of the property boom that the country has experienced in the past decade. In key cities such as Beijing, property prices has already increased by more than 140 percent, making it unaffordable for a massive majority of homebuyers.

Published
Categorized as Sector

Indians Bet Big on Gold Price


Gold buyers in India, the world’s largest consumer market of the yellow metal, are placing huge bets on the the price of gold on expectations that prices may rise. However, gold imports are likely to decline as limited budgets buy less gold, the head on India’s biggest importing bank reported.  

U2 to Invest in Music Study as Ireland Cuts Spending


Irish rock band U2 is offering US$7.1 million of its own money to fund music schooling for Irish students as the government cuts spending on education. U2 will be paying for musical equipment and the hiring of teachers to tutor thousands of children across the country, supporting a series of projects.

 

Premier League Tickets Cutting Out Fans


As ticket prices are reviewed, – 6.5% increases at Arsenal – fans are consistently at the losing end as prices continue their rising trend. For years now, a large disparity has formed between what fans pay now and the prices before the Premier League was formed. 

Manchester United Plans US$1 billion IPO in Singapore


Manchester United, the English Premier League soccer power that is already the most valuable sports team in the world, is preparing to sell shares on the Singapore stock exchange that could raise about US$1 billion, according to a person familiar with the plan who declined to be identified before the details of the sale were made public.

Piracy Threat off West African Coast Could Rival That of Somalia’s


Reported pirate attacks in the Gulf of Guinea, which stretches from Guinea to Angola, has risen rapidly this year as concerns grow over whether the region might descend into the next Somalia.