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Instagram reaches 600 million milestone

  Relaxnews Instagram has seen 100 million new users sign up over the past six months, pushing its total base to more than 600 million. The image sharing social media platform announced the news on its blog on Thursday, thanking users and adding: “we’re working to make Instagram safer than ever for connection and self-expression.” Recent updates to the platform ...

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Saudi Vision 2030 stirs solar power investment in kingdom

  Bloomberg Private sector investors are showing new interest in Saudi Arabia’s solar energy market, after the nation’s leadership included plans to add 9.5 GW of renewables to the energy supply as part of Saudi Vision 2030, along with opening the way to greater private sector and international investment. Announced in April, the Vision 2030 strategy sets 9.5 GW as ...

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OPEC deal tests oil majors’ appetite for risk and reward

  Bloomberg OPEC’s deal to cut production and boost prices gives oil companies the opportunity to shake off two years of layoffs and slumping profits to start investing again — if they still have the risk appetite. Just ask Patrick Pouyanne, chief executive officer of Total SA. Throughout the downturn he’s consistently warned that tens of billions of dollars of ...

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