Friday 27 November 2015

Saudi riyal devaluation talk 'far-fetched'

Saudi Arabia has the tools available to protect itself as low oil prices push the current account and budget balances of the world's top crude exporter deep into deficit, senior bankers in Saudi Arabia and the Gulf said. In private conversations with Reuters this week, the ba


Wearable tech to decode sign language

The communication barrier between deaf people who use sign language and those that don't understand it may be coming to an end thanks to a new wearable technology being developed at Texas A&M University. The device incorporates a system of sensors that records the motion


Smartphones may have role in US traffic deaths

The number of deaths from traffic accidents in the United States jumped 8.1 per cent in the first half of 2015, suggesting smartphones and other driving distractions could be making America's roadways more dangerous, officials said. Preliminary government statistics, released


Big brands don't mind live Periscope stumbles

When Benefit Cosmetics, a San Francisco-based maker of skin care and makeup, used Twitter's Periscope live-streaming video service to make a product demonstration, a heckler became part of the live show, typing to the presenter, "I can see down your top" even though there was no w


US waging economic war on Islamic State

Since last month, US warplanes have struck Islamic State's oil infrastructure in Syria in a stepped-up campaign of economic warfare that the United States estimates has cut the group's black-market earnings from oil by about a third. In finding their targets, US military


OEMs win consumer vote to develop self-driving cars

While nearly 60 per cent of consumers in cities around the world are open to self-driving vehicles (SDVs), a significant number want traditional OEMs, rather than technology companies, to lead their development, a report said. Respondents in France, Germany, and Japan reported th


Cyber attacks loom as growing corporate credit risk

Cyber attacks on the private sector are an increasingly important risk in corporate credit analysis, US ratings agency Moody’s Investors Service said on Monday. The threat of computer hacking varies from sector to sector and remains hard to measure because intrusions often


COP21: What is at stake for developing countries?

As anticipation builds in the lead up to the 21st climate change conference in Paris, France, or COP21 as it is known, Saudi Aramco takes a look at what is at stake for developing countries. The world’s senior global experts in climate change are to reach a global agreement


Cyber threat on hardware among top trends for 2016

Cyber threats around ransomware, attacks on hardware and firmware including automobile systems and infrastructure and the warehousing and sale of stolen data, are among the key issues for IT security in 2016, a report said. Intel Security has released its McAfee Labs Threats Pred


Oil markets unmoved as air strikes ramp up

While a lack of security limits growth potential and investment, the current conflict with Islamic militants is not impacting the Iraqi oil market enough to boost prices, a report said. Despite ongoing conflict between insurgents and the Iraqi Government, only the 2,000 barrels o

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