Amazon for years has been trying to expand its drone delivery testing and in the U.S, the company did not get permission to pilot the flying machines beyond the operator's line of sight.
Now, Amazon has partnered with the British government in that effect and can expand its drone testing efforts notably. This move could permit Amazon's drone deliveries of packages to British homes much earlier than in the U.S.
Uncertainties over the Effects of U.K’s Exit from EU is making Businesses Think about Relocating HeadquartersSubmitted by Isha Sondhi on Wed, 06/29/2016 - 08:59
Several businesses headquartered in the U.K are rethinking whether to exit the country which has been their home for a while. Some of them had earlier warned if U.K leaves the E.U they might consider relocating, finding another home for themselves.
After the 'Brexit' vote and U.K's decision to leave the bloc, attention is now turning to the deal that the nation must negotiate with the European Union to permit it to continue with the benefits it got from free trade across the bloc.
The International Monetary Fund said that next week's vote to exit the European Union could leave the economy of Britain five percent or more smaller by 2019 compared to it remains in the twenty eight nations pool.
This is not the first time when the IMF has warned against Britain's economy as well as the global economy being hit by a so-called Brexit. On Saturday, the agency gave a detailed analysis of how the "Leave" vote could affect the fifth largest economy in the world.
Lonmin, a leading platinum producer has announced that it has appointed Barrie van der Merwe as its chief financial officer.
The company has said that Mr van der Merwewill succeed Simon Scott as chief financial officer. The management announced Mr Scott's resignation in the previous week but did not announce any date. The company had announced at that time that the search for the successor was in advanced stage.Mr Scott had worked as acting CEO for a period of time for the company when former CEO Ian Farmer had left the company.
BHP Billiton's CEO, Andrew Mackenzie says leaving the EU could disrupt years of trade agreement for U.K.
He joins the voices of FTSE 100 bosses who have been pleading with voters to opt for remaining within the EU. He says, claiming a Brexit could result in a "decade of disruption" to trade agreements. 'Brexit' is a shortened termed coined to refer to the withdrawal of the United Kingdom from the European Union.
A team of scientists have said that they have developed a new scanning technique that might allow them to determine the effectiveness of cancer drugs in a faster way.
The scientists said that they believe that the new scanning technique will allow early indication of the effectiveness of the drugs and allows doctors to provide more effective treatment. They said that the doctors using the technique will be able to quickly match the most effective treatment for each individual.
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