China, India Keen to Access the Arctic Circle
Despite harsh weather conditions, the Arctic is becoming a global hot spot, with non-Arctic countries like China, India and Brazil pursuing “observer” status on the Arctic Council – an...
View ArticleConocoPhillips, CNOOC Agree to Pay US$160 Million for Bohai Bay Oil Spill
Houston-based ConocoPhillips and CNOOC have reached a financial settlement agreement with China’s Ministry of Agriculture to compensate for the damage caused by the June 2011 Bohai Bay oil leaks. Under...
View ArticleNorway May Halt China’s Arctic Council Ambitions
Jan. 27 – Norway could block China’s attempts to gain permanent observer status on the increasingly relevant Arctic Council due to a souring of relations between the countries over the last few years,...
View ArticlePayPal Here to Expand into China and India
Mar. 19 – Ebay subsidiary PayPal launched its new mobile device for retail payments, PayPal Here, at an event in San Francisco last week. The new service includes a triangular “dongle” card reader,...
View ArticleChina, India Link Up Over ‘Mifi’ Devices
Apr. 16 – Bharti Airtel, India’s largest mobile phone company, is in advanced talks with Chinese OEMs to bring “mifi” devices to India. The devices will assist Indian mobile users in accessing the 4G...
View ArticleIndia Passes China as Second-Largest LinkedIn Market
Apr. 25 – With roughly 14 million users now registered in the country, India has surpassed China as the second largest market for the business-focused social media networking site LinkedIn. LinkedIn...
View ArticleChinese Hackers Reportedly Breach Indian Naval Computers
Hackers have broken into Indian naval computers in Visakhapatnam, where India’s Eastern Naval Command is headquartered, and have relayed confidential data to IP addresses in China. The Eastern Naval...
View ArticleOn the Fast-Track: Technology Transfer in China
Over the past four years, China has switched from being an importer of high-speed trains to the world’s largest manufacturer. Much of this can be attributed to the transfer of foreign technology to...
View ArticleChina’s Lenovo Surpasses HP as Largest Global PC Maker
The days of American dominance over the PC market seem to be coming to a close. According to the research firm Gartner, Lenovo captured a market share of 15.7 percent in the third quarter of 2012,...
View ArticleMembers of the Global and Indian Community to Celebrate Rolex Awards for...
Nov. 23 – Five pioneering individuals who are winners of this year’s Rolex Awards for Enterprise will be honoured at a prestigious event to be held in New Delhi on 27 November 2012. This marks the...
View ArticlePrivatizing Near-Earth
In no industry is privatization more important than in space exploration. More specifically, mining of Near-Earth Asteroids (NEA) is projected to result in significant profit margins. Given the high...
View ArticleExpanding Asia: The Growth of Mobile Internet in Asia
Mar. 14 – As Internet use in Asia continues to develop thanks to Asia’s seemingly infinitely growing Internet penetration rates and a consistently growing number of web users, methods to go online have...
View ArticleIndia’s 21st Century Challenge: Scientific Education
Economists agree that a country with a knowledge-based economy will take global leadership in the future. However, will India participate in the global competition and be a serious contender? By Kathan...
View ArticleXiaomi Shipped 60 Million Smartphones in 2014
The company’s meteoric rise has been undeniable as it sold more than three times as many smartphones in 2014 as it did in 2013. Xiaomi’s rapid rise has been documented throughout the year, but...
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