News

April 14, 2016

There's been so much hype about driverless cars anyone would think they were on the verge of taking over the world.

But there are many reasons why fully autonomous vehicles - to use a more formal name - will take much longer to reach mass adoption than tech utopians like Google would have us believe.

Here's a rundown of the main challenges they face.

 

April 12, 2016

In March 2016, energy prices increased by 14.8%, and the prices of non-energy commodities rose by 2.8%. Food prices picked up by 2.1%. Beverages increased by 4.3%. Raw materials increased slightly by 1.2%, and fertilizers dropped by 5.2%. Metals and minerals increased by 6.0%, and precious metals rose by 3.6%.

April 11, 2016

CNN) When the reception desk is staffed by a robot dinosaur, the chances of a room upgrade are going to be fairly slim.

That hasn't stopped the first guests checking in to what's billed as the world's first robot hotel.

The five-star Japanese Henn-na Hotel -- a name that translates as Strange Hotel -- this week opened its doors to bemused visitors to Huis Ten Bosch, a theme park in Nagasaki Prefecture.

March 29, 2016

According to the World Bank, in February 2016, energy prices increased by 1.8%, and the prices of non-energy commodities rose by 1.7%. Food prices increased by 1.8%. Beverages declined by 1.1%. Raw materials increased slightly by 0.8%, and fertilizers dropped by 5.2%. Metals and minerals increased by 4.5%, and precious metals rose by 8.9%.
 

February 16, 2016

In January 2016, energy prices slumped by 15.3%, and the prices of non-energy commodities dropped by 2.3%. Food prices slipped by 1.1%. Beverages declined by 7.5%. Raw materials dropped slightly by 1.9%, and fertilizers declined by 5.1%. Metals and minerals decreased by 2.0%, and precious metals increased by 2.3%.

January 11, 2016

January WTI (West Texas Intermediate) crude oil futures contracts trading on NYMEX fell by 3.1% to $35.62 per barrel on Friday, December 11, 2015. Global benchmark Brent oil prices fell by 4.5% to $37.93 per barrel on the same day. Prices hit record lows due to the consensus of excessive supplies and mounting short positions. The United States Oil Fund LP (USO) and the ProShares Ultra DJ-UBS Crude Oil ETF (UCO) fell in the direction of crude oil prices in Friday’s trade.

December 7, 2015

Euro-area government bond yields and the euro fell on Thursday after European Central Bank President Mario Draghi reiterated that further monetary stimulus could be coming next month.  The gap between U.S. and German 5-year bond yields climbed to 181 basis points, the highest level since 1999.  The shared currency touched a 6-monht low of $1.0675 in early trading before rebounding a bit to $1.0715.