31/01/2018

Ericsson rings up huge losses in 2017

Swedish telecoms giant Ericsson said Wednesday that it rang up huge losses last year as network competition, restructuring costs and investment in lightning-fast 5G technology pushed it deeply into the red.

Kuwait to spend $500 bn on oil projects by 2040

OPEC member Kuwait plans to spend more than half a trillion dollars by 2040 to boost its oil and gas output and refining capacity, a top executive said on Wednesday.

Gadgets: Device lets you pour the wine without removing the cork

When you hear about the Coravin wine bottle opener, you might think it's just another gimmicky gadget. I think it's something you must see to believe. A few weeks ago, I saw it, I believed it, and I even had a drink out of ...

Siemens says profits up on global upturn

German engineering giant Siemens said Wednesday that profits jumped in the first quarter, driven by rising demand for its products in areas ranging from renewable energy and trains to industrial robots.

Facebook to launch privacy center ahead of EU regulations

Facebook says it will launch a new privacy center to help people understand what it does with their data as the giant social network prepares for sweeping new data protection rules in Europe designed to rein in the growing ...

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