HSBC announces layoffs, exit from Turkey and Brazil

HSBC announces layoffs, exit from Turkey and Brazil

HSBC on Tuesday announced a new strategic plan that includes a restructuring of 10 percent of its global workforce, review of the possibility of moving its headquarters, its exit from markets in Turkey and Brazil, and an expansion of its operations in Asia. The new business plan seeks to cut costs by $5 billion and […]

3D printing helps separate conjoined twins in China

3D printing helps separate conjoined twins in China

With the help of 3D printing technology, doctors in Shanghai on Tuesday successfully separated three-month-old twin sisters who were conjoined at the hip. The twins, born in Ganzhou city of Jiangxi province, were connected by soft tissues at the hip and lower spine. They have mostly separate digestive systems but share one lower bowel. After […]

Facebook announces new research centre in Paris

Paris, June 2 (IANS) Online social networking service Facebook on Tuesday announced opening of a new artificial intelligence research centre in Paris. The US-headquartered internet giant said it had been building a programme – Facebook AI Research (FAIR) – to help users “sort through” ever increasing information generated online through “text, pictures, videos and more”. […]

12 reported killed in Nigeria market blast

12 reported killed in Nigeria market blast

Abuja, June 2 (IANS) At least a dozen people were feared killed on Tuesday in a blast in a livestock market in Nigeria’s northeastern city of Maiduguri, capital of the restive Borno State, a security source said. Many traders were hit by the bomb blast at Gamboru, a big market in the city, the source […]

Will laughing gas have the last laugh?

London, June 1 (IANS) At a time when the use of laughing gas (nitrous oxide) in clinical practice has gradually reduced, a new article contends that there is ‘no clinically relevant evidence’ for the withdrawal of nitrous oxide. The issue whether laughing gas (nitrous oxide) should be banned from the operating room figured prominently in […]

Frequent eye infections? Blame your contact lens

Frequent eye infections? Blame your contact lens

New York, June 1 (IANS) Contact lenses may be the root cause of frequent eye infections, says a study. Researchers from the New York University (NYU) identified a diverse set of microorganisms in the eyes of daily contact lens wearers, which closely resemble the group of microorganisms of their eyelid skin than the bacterial grouping […]

OPEC daily basket price closes higher

OPEC daily basket price closes higher

Vienna, June 1 (IANS/WAM) The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $60.47 a barrel on Friday compared to $59.33 last Thursday, the organisation’s secretariat said. The OPEC Reference Basket of Crudes is made up of Murban (UAE), Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy […]

Sex hormone makes most people corrupt: Study

London, June 1 (IANS) Can hormones also affect our morality? A new study says they can — with findings that high levels of testosterone – the male sex hormone – make people more prone to corruption. Researchers from the University of Lausanne, Switzerland, also found that human beings may be naturally predisposed to corruption, Daily […]