Tuesday 28 June 2016

Moscow explores Hyperloop commuter transport

Moscow on Tuesday signed an agreement with Los Angeles-based company Hyperloop One to explore building a futuristic, high-speed transportation system known as a Hyperloop in the Russian capital. A Hyperloop involves using magnets to levitate pods inside an airless tube, creating


Oil prices above $50 after US stock data

Oil prices rose in early Asian trading on Wednesday, with US crude joining Brent above $50 a barrel after data from the American Petroleum Institute (API) showed a larger than expected draw on stocks. US crude futures' August contract, the new front month from Wednesday, had


Brits don't quit, Cameron makes last-minute appeal

British Prime Minister David Cameron made a dramatic last-minute appeal to voters on Tuesday to back staying in the European Union two days before a referendum that will shape the future of the West, as polls indicated the outcome was too close to call. Britons vote on Thursday o


Brexit vote rattles world markets for second day

Britain's vote last Thursday to leave the European Union continued to reverberate through financial markets on Monday, with the pound falling to its lowest level in 31 years, despite government attempts to relieve some of the confusion about the political and economic outlook.

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