Sony is buying a 60% stake in EMI Music Publishing company which owns the rights to songs by artists like Kanye West and Alicia Keys. Sony will now own about 90% of EMI making it the world’s biggest music publisher. The company said it will pay $2.3 billion in cash for the acquisition. Bringing in […]
Month: May 2018
India has sought consultations with the US under the WTO’s dispute settlement mechanism over the imposition of import duties on steel and aluminium, stating that the decision will impact exports of these products to the US and is not in compliance with global trade norms. If a mutually agreed solution through consultation is unattained, India […]
According to reports from Syria, the radical militant group Islamic State has withdrawn from a fight over capital Damascus and has surrendered, following an offensive attack launched by President Bashar Assad’s forces. Cease-fire has been reported between government forces and Islamic State militants in the southern neighborhoods of Damascus for 24 hours. Also, buses carrying […]
Bruges, often tagged as the ‘Romantic City’ is the capital of West Flanders in northwest Belgium. Famous for its medieval architecture, cobbled streets and canals, it is a popular touristic destination in Belgium. Take a walk along the canals, choose a horse carriage or a boat ride, the beautiful city is a short getaway from busy […]
A Cuban-operated airliner headed to the eastern city of Holguin with 104 passengers and nine crew members crashed into a cassava field just after takeoff from Havana’s international airport on Friday. Mass casualties are suspected as Cuban officials said that only three people survived. Government officials including President Miguel Diaz-Canel have rushed to the site. […]
At least 10 people were killed and ten others were wounded in the shooting attack at Santa Fe High School in Texas, USA. The gunman is identified to be 17-year-old student Dimitrios Pagourtzis. He is being held at Galveston County jail without bond and is charged with capital murder and aggravated assault. A shotgun and […]
Prince Harry, sixth in line to the British throne married U.S. actress Meghan Markle in a spectacular ceremony at St George’s Chapel in Windsor Castle. The Archbishop of Canterbury Justin Welby officiated the wedding. Harry and Meghan will now be known by their new monikers, Duke and Duchess of Sussex. Queen Elizabeth II and her husband […]
The digital payments firm Paypal is buying iZettle, a European startup selling mobile credit card readers and other payment platforms for $2.2 billion. iZettle will allow PayPal to bring its platform to nearly 500,000 stores in 11 new countries and will also help PayPal expand offline in the United States, United Kingdom and Australia. iZettle CEO Jacob […]
Tesla’s Elon Musk unveiled the project details of his newer Boring Company which is involved in proposed Hyperloop projects. The “Hyperloop” system would ferry people or things in vacuum tubes traveling at airline speeds at lower costs in the range of $1 between downtown Los Angeles and Los Angeles International Airport going at 150 mph. Musk […]
Indian Minister of State for External Affairs Gen. V.K. Singh visited Pyongyang for talks with the North Korean government. This is the first visit by a senior Indian official to North Korea since 1998. During the unannounced visit, Mr. Singh met Vice-President Kim Yong Dae and discussed political, regional, economic, educational and cultural issues. Also […]