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Tunisia water shortages spark ‘thirst uprising’ warning

Tunisia climate water drought agriculture

  Beja / AFP Activists are warning of a potential “thirst uprising” in Tunisia following protests over severe water shortages after one of the North African nation’s driest summers on record. Residents in the interior are suffering long water supply cuts, reservoirs are running dry and farmers are seeing significant losses, adding to social tensions in a country still struggling ...

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‘Oil majors must count on acquisitions to replenish reserves’

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  Bloomberg Major oil producers will rely on acquisitions for about half their reserve replacement in the future after cutting exploration budgets to weather the crude-price collapse, according to Wood Mackenzie Ltd. Big oil companies are no longer trying to replace all their production through conventional exploration, the energy consulting company said in a report published on Tuesday. “Now their ...

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Crude declines on speculations of global glut

A worker checks the valve of an oil pipe at al sheiba oil refinery in the southern iraq city of basra

  Bloomberg Oil declined on speculation a global glut will be sustained amid rising supply from Nigeria to the U.S. Futures fell 0.6 percent in New York after advancing 0.6 percent on Monday. Nigeria’s output expanded to 1.75 million barrels a day and will keep rising after government outreach and a cease-fire with militants allowed some production to restart, Minister ...

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Saudi’s July oil exports reach record as local use eases

  Bloomberg Saudi Arabia’s oil exports climbed in July to a record level for that month, as the kingdom curbed the amount of crude it burns to generate energy domestically, according to the Joint Oil Data Initiative. The world’s biggest oil producer raised shipments by 166,000 barrels a day to 7.622 million a day in July compared with the previous ...

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Egypt central bank may hike rates on Thursday

Central bank of egypt's headquarters is seen in downtown cairo

  Reuters Egypt’s central bank is expected to raise interest rates on Thursday, a Reuters poll showed, in an attempt to fight inflation and attract foreign investment as the country pushes through with economic reforms. Egypt has been struggling with a shortage of foreign currency since the 2011 uprising drove away tourists and foreign investors — two major sources of ...

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Twitter announces longer tweets to push growth

Us twitter internet

  AFP Twitter has announced it is easing its 140-character limit on tweets, in the latest effort to broaden the appeal and boost the user base of the social network. The new policy announced in May and now in effect no longer factors in certain add-ons, including pictures, into a message’s length. “Say more about what’s happening! Rolling out now,” ...

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Google smartphone expected at October 4 event

Prototype modular parts created by yezz mobile for project ara, google's modular smartphone project, are shown during the mobile world congress in barcelona

  AFP Google has sent out invitations to an October 4 event, hinting that the Internet titan will show off a new smartphone powered by its Android mobile software. Emailed invitations revealed only the time and place for the gathering in San Francisco, the message topped by blue, red, yellow, and green dots of color. Google fired off a Twitter ...

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Oracle’s Ellison aims at Amazon with fresh cloud services

People gather prior to keynote speech at the all things oracle openworld summit in san francisco

  Bloomberg Oracle Corp. unveiled new services that help customers take advantage of cloud computing, putting it more directly in competition with Amazon.com Inc. The company has announced Cloud@Customer, which puts the same hardware and software Oracle uses in its data centers in the customers’ own facilities, Executive Chairman Larry Ellison said Sunday during a presentation at Oracle OpenWorld in ...

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Wireless headphones that promise the best

Wireless headphones promising the best for music lovers (3)

  Relaxnews Apple recently caused a stir by removing the headphones jack from its iPhone 7 and 7 Plus smartphones, a trend that could soon spread to other manufacturers and which will no doubt boost sales of Bluetooth headphones. Here are three pairs of wireless headphones promising some of the best performances in their fields. NOISE-CANCELING CAPABILITY The Bose QuietComfort ...

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Traders cash in on gut feeling

The new york stock exchange at close of trading

  Bloomberg Traders who are better at listening to the clues their bodies give them about market patterns make more money and survive longer in the industry, according to a study by former Goldman Sachs Group Inc. derivatives trader-turned-neuroscientist John Coates. Coates, whose 2012 book “The Hour Between Dog and Wolf” revealed how traders’ decisions are influenced by biology, wanted ...

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