Russia may face a domestic energy crunch as production slows following EU’s oil embargo, natural-gas cuts to Europe

Russian President Vladimir Putin. Mikhail Svetlov/Getty Images A halt in gas supplies to Europe could cost Russia as much as $ 6.6 billion a year, per Bloomberg. The export slump could lead to deep cuts in Russian gas output, hitting domestic energy goals. The EU's oil embargo could also cause production of the fuel to […]

China inches towards stimulus as the economy slows

WHEN Wang Xianchen, a Chinese official in the early 1500s, tired of the scheming of imperial politics, he returned to his home in the southern city of Suzhou for a simpler life. He planted gnarled trees and built up rocky islets, creating what he called the “Humble Administrator’s Garden”, a fine place for tranquil contemplation. […]

Samsung’s profit growth slows in Q2 2018 despite stellar chip sales

(Reuters) — Samsung Electronics posted its slowest quarterly profit growth in more than a year on Tuesday as the sluggish global smartphone market weighed on earnings, although the chip business continued to perform well. Operating profit for the world’s biggest chipmaker and smartphone maker rose 5.7 percent to 14.9 trillion won ($ 13.3 billi…Read More

Apple apologises after teenager exposes tech giant SLOWS down older iPhones

Tyler, 17, from Tennessee, is being credited with discovering the suspected ploy after noticing problems with his iPhone 6s and testing it against his brother’s iPhone 6 – which is an older model but a year younger than his. He said his brother’s phone was noticeably faster. After doing some online research, Tyler came across […]

Russian Central Bank slashes key rate as inflation slows & economy grows

Published time: 15 Sep, 2017 11:37 The Central Bank of Russia (CBR) cut on Friday the key annual lending rate from 9 to 8.5 percent. The regulator said inflation is below the target of four percent, and Russia’s economic output has been expanding. Read more “Amid favorable price dynamics of a number of goods and […]

Chinese trade data misses and export and import growth slows

Chinese trade data produced a rare miss in July with annual growth in exports and imports both undershooting expectations. According to China’s General Administration of Customs, exports grew by 7.2% year-on-year in US dollar denominated terms, missing forecasts for an increase of 10.9%. That was also below the 11.3% increase previously reported in June. Business […]

Next Jump: Shmup Tactics Slows Down Bullet Hell For Better Tactical Decisions

If twitchy, precise reflexes aren’t really your thing, the shmups typically won’t be a genre for you. Weaving through the scant few millimeters of space you have between bullets and enemies can be just a bit much for folks like us. This is where Next Jump: Shmup Tactics (Next Jump) comes in, giving players a […]

Snapchat rallies after hedge fund billionaire David Tepper buys shares and short selling slows (SNAP)

Reuters Shares of Snap Inc rebounded on Wednesday following a steep selloff while an initial rush to short sell the stock appeared to be slowing. The owner of the Snapchat messaging app had fallen sharply in the previous two sessions as investors focused on its lofty valuation following a $ 3.4 billion public listing last […]