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Tag Archives: New York

New York dims lights in high buildings to help birds’ migration

MEXICO: New York is going to switch off non-essential lights in state-run buildings so that migrating birds can navigate their migratory routes during spring and autumn. It is believed that such birds use stars for their navigation. Migrating birds can be confused by electric lights and crash into buildings. The occurrence is known as “fatal light attraction.” According to estimations, ... Read More »

Robotic replica of something that will eat you can be as terrifying as real thing

EUROPE: Researchers at NYU Polytechnic have achieved a major breakthrough in underwater robotics: They have proven that a robotic Fortunately, for the streets of New York abused so heavily in Godzilla and all those Night at the Museum movies, the ‘you’ they were trying to frighten with a giant predator wasn’t a human. It was a zebrafish – one of ... Read More »

Apple removes Fitness bands, Jawbone Up, Nike+ Fuelband from retail stores in San Francisco, Los Angeles, New York, to promote smart watch sale

LONDON: Apple Inc. is reportedly pulling rival fitness bands from Apple retail stores, in a move to reduce competition and promote sales of the Apple Watch. Fitness bands like Jawbone Up and Nike+ Fuelband have been removed from Apple retail stores in San Francisco, Palo Alto, Los Angeles and New York. The fitness bands are also expected to be pulled ... Read More »

Tokyo stocks start marginally higher, Nikkei 225 adds 0.25pc

TOKYO: Tokyo stocks are slightly higher in early trade, shrugging off drops on Wall Street and a lull in the dollar’s rise against the yen. The Nikkei 225 index at the Tokyo Stock Exchange, which on Friday ended above 19,000 points for the first time in 15 years, added 0.25 per cent, or 47.72 points, to 19,301.97 in the first ... Read More »

Apple removes Fitness bands, Jawbone Up, Nike+ Fuelband from retail stores in San Francisco, Los Angeles, New York, to promote smart watch sale

LONDON: Apple Inc. is reportedly pulling rival fitness bands from Apple retail stores, in a move to reduce competition and promote sales of the Apple Watch. Fitness bands like Jawbone Up and Nike+ Fuelband have been removed from Apple retail stores in San Francisco, Palo Alto, Los Angeles and New York. The fitness bands are also expected to be pulled ... Read More »

Magnet test shows mastery of fruit flies

NEW YORK: Scientists wanted to study how the flies manage to fly so well when their small bodies and fast-beating wings make them inherently unstable. A bizarre experiment in which fruit flies carrying tiny magnets are forced to roll in the air has demonstrated the insects’ ability as “fly-by-wire” master aviators. Dr. Tsevi Beatus from Cornell University in New York, ... Read More »

IBM launches new design centre with Austin, New York, Hursley, Shanghai, Dublin flagships

DUBLIN: About twenty high end jobs for designers will be created in Dublin with IBM’s new design centre, IBM Studios Dublin, launched at its Damastown campus. The design centre, one of over 20 globally, will bring together designers, software developers and product managers to create software, services and digital products in line with focused design principles. “We have five flagship ... Read More »

IBM launches new design centre with Austin, New York, Hursley, Shanghai, Dublin flagships

DUBLIN: About twenty high end jobs for designers will be created in Dublin with IBM’s new design centre, IBM Studios Dublin, launched at its Damastown campus. The design centre, one of over 20 globally, will bring together designers, software developers and product managers to create software, services and digital products in line with focused design principles. “We have five flagship ... Read More »

InterContinental Hotels Group sees 2% to $1.85bn revenue fall on hotel sales

NEW YORK: InterContinental Hotels Group (IHG), which owns Holiday Inn and Crowne Plaza, saw revenue fall 2 percent to $1.85bn (£1.2bn) and operating profit fall 3 percent to $651m (£425m). However, the group reported a 10 per cent rise in underlying profit and an increase in revenue per available room of 6.1 per cent. IHG hopes to become more efficient ... Read More »

Dell’s ProSupport Plus for PCs & tablets to solve predictive monitoring issues

NEW YORK: Dell introduces ProSupport Plus, a service plan that covers PCs and tablets and aims to use predictive monitoring to head off and resolve issues. The ProSupport Plus effort is based on Dell’s Support Assist technology, which is designed to cut user time on the phone with tech support. Dell has offered ProSupport Plus for data centres and now ... Read More »

MeadWestvaco, RockTenn join to form $16b packaging company

NEW YORK: MeadWestvaco Corporation and RockTenn Company, Packaging companies said they would combine to form a company worth $16 billion, with MeadWestvaco shareholders owning a majority stake. MeadWestvaco shareholders will receive 0.78 shares of the new company for each share held. RockTenn shareholders can choose to receive either one share of the new company for each share held or a ... Read More »

Japan’s Uniqlo to open two stores in Toronto in 2016

NEW YORK: Uniqlo , Japanese clothing retailer, announced it will open two stores in Toronto, Canada in the fall of 2016, marking the brand’s first entry into the country and its 18th market overall. Larry Meyer, CEO of Uniqlo USA and Canada said entering the Canadian market is a milestone for the company and a significant step in our growth strategy. The stores will ... Read More »

NZ dollar plunges 3yrs low, kiwi trades at 74.31 US cents

WELLINGTON: The NZ dollar traded near a three-year low after failing to push below 74 US cents, a level it hasn’t breached since late 2011. The kiwi trade at 74.31 US cents as at 5 pm in Wellington, from 74.50 cents in New York on Friday. Earlier, it fell as low as 74.07 cents. The trade-weighted index was at 76.92, ... Read More »

Scientists create technique to transform metals into extremely water repellent

NEW YORK: A team of American scientists from the University of Rochester, New York, have successfully developed a technique to transform metals into extremely water repellent, or “super-hydrophobic” materials. Chunlei Guo, a professor of optics and physics at University of Rochester, and senior scientist Anatoliy Vorobyev, say the process changes the surface of metals by repeatedly subjecting the surface to ... Read More »

US stocks end with slight gains, S&P 500 increases 3.13pts

NEW YORK: U.S. stocks ended Tuesday session with slight increase, as technology stocks led the market to get some momentum. The main benchmarks turned large early losses into gains, only to end around where they started the session. Intraday volatility reflects uncertainty about the monetary policy in Europe, with investors appearing skeptical about the ability of central banks to combat ... Read More »

Exxon Mobil Corporation plans to invest $25b to take hold on British Columbia’s LNG industry

NEW YORK: Exxon Mobil Corporation is making a bid to get into British Columbia’s liquefied natural gas (LNG) industry with a potential $25 billion dollar investment. The company, in partnership with Canadian affiliate Imperial Oil, has filed an application to export Liquefied Natural Gas (LNG) with the National Energy Board. It also submitted its plans for the West Coast Canada LNG terminal to ... Read More »

Lululemon Athletica shares up 3pc to $59.40 after appointment of new chief financial officer

NEW YORK: Lululemon Athletica (LULU) shares are up 3 per cent to $59.40 on heavy volume in trading after the athletic apparel retailer named Stuart Haseldon as its new CFO last night after the closing bell. Investors are reacting positively that the company is progressing past the management troubles it experienced early last year though the stock did outperform the S&P 500 Index by 36.5 ... Read More »

US: 30 year fixed mortgage tumbles to 3.73pc from 3.87pc last week.

NEW YORK: US mortgage rates dropped to the lowest level in more than a year and a half as falling oil prices and concerns about the strength of the euro drove investors to the safety of the US government bonds that guide borrowing costs. Freddie Mac said the average rate for a 30 year fixed mortgage tumbled to 3.73 per cent ... Read More »

Verizon not pursuing AOL for potential deal

NEW YORK: Lowell McAdam, Chief Executive Verizon Communications Incorporation said the company is not planning any major acquisitions, following a report that Verizon had approached AOL Incorporation for a potential deal. McAdam said I think AOL along with lots of other media companies are potential for us to do partnering, on a commercial basis or whatever. Further he added but to say that we ... Read More »

JPMorgan Chase to pay $100m to settle antitrust lawsuit

NEW YORK: JPMorgan Chase & Company has become the first bank to settle a US antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion a day foreign exchange market. Under James Dimon, chairman, president and chief executive officer of JPMorgan Chase, the firm developed to become the world’s biggest investment bank. Dimon wrote in a letter to ... Read More »