Tech News

Energy firm starts tests at sensitive Israel-Lebanon border gas field

London-listed firm Energean on Sunday began testing pipes between Israel and the Karish offshore gas field, a key step towards production from the eastern Mediterranean site, a source of friction between neighbours Israel and Lebanon. . The tests, set to take a number of weeks, were "an important step" towards extracting gas from the Karish, Energean said. 

Vietnam's VinFast targets US market in 'preposterously hard' gamble

Having conquered most industries at home, optimistic chiefs at conglomerate Vingroup are setting their sights much higher as they ramp up plans to sell the first ever Vietnamese car in the mighty US market.. While the aim of getting Americans driving its cars by Christmas may seem a huge ask, Vingroup -- Vietnam's biggest private firm -- has a track record of delivering.

Hey big spenders: Qatar woos the rich with luxury World Cup

With deluxe match packages selling for thousands of dollars and five-star hotels doing a brisk trade, a sheen of glamour coats Qatar's World Cup despite football's working-class roots.. In Dubai, an hour's flight away and expected to be a major destination, an official World Cup package costs $1,500 for four nights in a shared room, including one return flight to Doha but no match tickets.

'Transformation' beckons for embattled Credit Suisse

Battered by a series of scandals, rumours of financial trouble and plunging shares, Credit Suisse is preparing "transformation plans" to restore confidence in the Swiss banking giant.. - Credit Suisse shares have rebounded after sinking to a record low of 3.518 Swiss francs on Monday, showing that markets are giving it "a chance to put together a solid plan", said Ipek Ozkardeskaya, analyst at Swissquote bank.

'Sabotage' to blame for major German rail breakdown

"Sabotage" targeting communications infrastructure was to blame for major disruption to the German railway network on Saturday, operator Deutsche Bahn said while the government said no motive had yet been identified.. Specifically, there was damage to the GSM-R, a radio network used for communication on the railway, Der Spiegel reported, quoting security sources.

Air France, Airbus face trial over 2009 Rio-Paris disaster

Air France and aircraft maker Airbus go on trial in Paris on Monday on charges of involuntary manslaughter in the 2009 crash of a flight from Brazil, killing all 228 people aboard.. Its president, Daniele Lamy, said that instead of trying to pin the blame on the pilots, "We want this trial to be that of Airbus and Air France."

UK train commuters hit by further strikes over pay

Train passengers in Britain faced severe disruption on Saturday, with only one in five services running as railway workers staged another walkout over wages.. Railway workers staged another walkout on Wednesday and also took strike action last Saturday, resulting in only 11 percent of trains running nationwide.

Political paralysis in Iraq hampers economic growth

A year since Iraq's last elections, it remains without not only a new government but a budget too, obstructing much-needed reforms and infrastructure projects in the oil-rich but war-ravaged country.. "Infrastructure projects require years of steady financial planning by government," said Yesar al-Maleki, Gulf analyst at the Middle East Economic Survey (MEES).

Google looks to raise its smartphone game with latest Pixel 7

Google is looking to up its smartphone game with the Pixel 7, the latest entrant in a competitive corner of personal electronics where it has traditionally been a bit player.. "Google has the potential to become a long-term player in the smartphone market," said Bjørhovde.

US ammunition supplies dwindle as Ukraine war drains stockpiles

The United States will soon be unable to provide Ukraine with certain types of ammunition that are essential to Kyiv's battle against Russia's invasion, as supplies are being used up faster than they can be replaced.. Washington has become by far the largest supplier of arms to Ukraine since Russia launched the invasion on February 24, with more than $16.8 billion in military assistance provided since that date.