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Sep 17

Lebanon’s pound falls again as govt formation hits new snags

Lebanon’s pound falls again as govt formation hits new snags

Currency exchangers were selling the dollar for LL7,700 and buying it for LL7,500 about twice the rate of LL 3800 set by Lebanon’s central bank

This development comes after PM Designate missed the deadline in"...

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Sep 17

Dockside Dealings: Smuggling, Bribery and Tax Evasion at Beirut Port

Dockside Dealings: Smuggling, Bribery and Tax Evasion at Beirut Port

The huge explosion at Beirut's port last month laid bare a dockside institution riddled with graft which critics say is a microcosm of a corrupt Lebanese state.

Smuggling, customs tax evasion and widespread bribery"...

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Sep 17

GDP drops 15 percent during 2019’s last quarter

GDP drops 15 percent during 2019’s last quarter

The Gross Domestic Product (GDP) is estimated to have recorded a real decline of 6.7 percent in 2019 after taking out the impact of an inflation rate of 4.5 percent, according to the GDP report for the fourth quarter of 2019 issued by the Central Administration of Statistics (CAS). CAS said"...

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Sep 17

Infosys to acquire GuideVision, a leading ServiceNow elite partner in Europe

Infosys to acquire GuideVision, a leading ServiceNow elite partner in Europe

BENGALURU, India and PRAGUE — Infosys, a global leader in next-generation digital services and consulting, today announced a definitive agreement to acquire GuideVision, one of the largest ServiceNow Elite Partners in Europe.

GuideVision is an award winning enterprise service"...

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Sep 17

Airbus Foundation, partners deliver humanitarian aid to Beirut

Airbus Foundation, partners deliver humanitarian aid to Beirut

TOULOUSE — Immediately after the recent blast in Beirut, Lebanon, Airbus provided satellite imagery to analyze the damage and helped government analysts, NGOs and first responders gain visibility into the catastrophe.

Now, the Airbus Foundation, together with its partners"...

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Sep 17

European firms pledge green business overhaul

European firms pledge green business overhaul

LONDON: Executives from 30 of Europe’s leading companies backed the EU’s Green Deal on Wednesday and pledged to overhaul their businesses to help the bloc achieve climate-neutrality by 2050.

The commitment,"...

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Sep 17

Volocopter offers reservations for commercial flights

Volocopter offers reservations for commercial flights

BERLIN — At Greentech Festival in Berlin Wednesday, Volocopter, the pioneer of Urban Air Mobility (UAM), announced that the world's first public sale for electrical air taxi flight reservations has started.

Effective immediately, Volocopter fans world-wide can reserve"...

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Sep 17

Takeda Opens New R&D Cell Therapy Manufacturing Facility to Support Expansion of Next-Generation Clinical Programs

Takeda Opens New R&D Cell Therapy Manufacturing Facility to Support Expansion of Next-Generation Clinical Programs

Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) (“Takeda”) today announced the expansion of its cell therapy manufacturing capabilities with the opening of a new 24,000 square-foot R&D cell therapy manufacturing facility at its R&D headquarters in Boston, Massachusetts. The facility provides end-to-end research and development capabilities and will accelerate Takeda’s efforts to develop next-generation cell therapies, initially focused on oncology with potential to expand into other therapeutic areas. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200915005224/en/......

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Sep 17

DDoS Attacks Increase by 151% in First Half Of 2020

DDoS Attacks Increase by 151% in First Half Of 2020

Neustar, Inc., a global information services and technology company and leader in identity resolution, today released its latest cyberthreats and trends report which identifies significant shifts in distributed denial-of-service (DDoS) attack patterns in the first half of 2020. Neustar’s Security Operations Centre (SOC) saw a 151% increase in the number of DDoS attacks compared to the same period in 2019. These included the largest and longest attacks that Neustar has ever mitigated at 1.17 Terabits-per-second (Tbps) and 5 days and 18 hours respectively. These figures are representative of the growing number, volume and intensity of network-type......

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Sep 17

CGTN: China's First Lady Calls for Gender Equality, End to Poverty

CGTN: China's First Lady Calls for Gender Equality, End to Poverty

The coronavirus has brought grave challenges to the economic conditions, education, health, employment and rights protection of women who must themselves be lifted out of poverty if mankind is to eliminate poverty overall, Chinese First Lady Peng Liyuan told a videoconference on Wednesday.

"...

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