News

July 18, 2016

A little-known startup in China is gunning to be the first to sell bendable smartphones this year, seeking to upstage Samsung Electronics Co., which has started to dabble in flexible-screen technology.

June 17, 2016

When Henry Ford introduced the assembly line, manufacturing took a major leap forward. Productivity advanced in ways never before possible. It took 50 years for the next breakthrough to hit the factory floor, when Unimate came on line at GM. We’re seeing another breakthrough now as robots evolve to be more than simply machines that can lift heavy objects and perform repetitive tasks over and over and over again. 

June 16, 2016

In May 2016, energy prices increased by 10.8%, and the prices of non-energy commodities rose by 1.5%. Food prices picked up by 4.6%. Beverages increased by 1.3%. Raw materials went up by 0.6%, and fertilizers dropped by 0.7%. Metals and minerals declined by 3.3%, and precious metals rose by 1.9%.

June 15, 2016

 

Oil is the world’s number 1 export product. Amounting to 4.8% of the global value of all export products, crude oil shipments totaled US$786.3 billion for 2015.

That figure represents a -50.3% drop in value since 2011 and a -44.4% decline from 2014 to 2015.

 

May 20, 2016

Most commodity price indexes rebounded in February-March from their January lows on improved market sentiment and a weakening dollar. Still, average prices for the first quarter fell compared to the last quarter of 2015, with energy prices down 21 percent and non-energy prices lower by 2 percent.

May 20, 2016

Of course trains can’t fly over oceans like airplanes. But compared to airplanes train travel is cheap, comfortable and scenic. The most modern high speed train service can also take you from city to city within a few hours. Here is a list of 10 fastest trains in the world.

May 19, 2016

 

MADISON, Wis.—Apple’s $1 billion investment in China’s leading ride-hailing service company Didi Chuxing has surprised automotive industry observers. But it makes one thing clear: “It sort of tips Apple’s hand,” Egil Juliussen, director of research, Infotainment & ADAS at IHS Automotive, told EE Times. “Apple is developing driverless cars.”