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MIST signs MoU to develop applications for innovative airship

  Abu Dhabi / Emirates Business Masdar Institute of Science and Technology, (MIST) an independent, research-driven graduate-level university focused on advanced energy, and sustainable technologies, signed a memorandum of understanding with French company Thales/Thales Alenia Space and French engineering university MINES ParisTech to develop applications for the StratobusTM drone-satellite hybrid airship. In the presence of the French ambassador to the ...

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Global diamond market reels under India’s cash crunch

  Bloomberg As diamond traders descend on Botswana this week for one of the year’s biggest sales, the $14 billion industry is struggling to recover from India’s war on black money. De Beers, the world’s top producer of gems, will offer customers concessions for a second consecutive buying round to support the market, according to people familiar with the process, ...

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Rustbelt China province admits it faked fiscal data

  Bloomberg The rust-belt province of Liaoning fabricated fiscal numbers from 2011 to 2014, local officials have said, raising fresh doubts about the accuracy of China’s economic data just days ahead of the release of the nation’s full-year growth report. City and county governments in the northwestern region committed fiscal data fraud in the period, Governor Chen Qiufa said at ...

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