Category Archives: Business

Alpari has applied for Insolvency – News

London based Alpari (U.K.) Ltd. has shown that it lacks sufficient financial resources and has applied for insolvency as noted by WSJ. Several companies are looking for its acquisition. According to Pepperstone Financial Services, which is an online currency trader, Alpari is a suitable acquisition target. Other firms such as IG Group Holdings PLC is also showing interest in the company. Continue reading

Apple’s new iPhones have gone above expectations

iPhone 6 and iPhone 6 Plus big screen (Justin Sullivan/Getty Images)

iPhone 6 and iPhone 6 Plus big screen (Justin Sullivan/Getty Images)

Latest iPhones by Apple Inc. got long lines of people, who are eager to buy this new device. According to the company, new iPhones have surpassed the sale of 10 million units in the first three days of the start of sale. Interestingly, consumers are going for iPhone 6, 7 times more than the iPhone 6 Plus. This is the second time that the company has sold two new iPhones at the same time. Last year, Apple sold nine million units of iPhone 5s and iPhone 5c in the same time of start of sale. Continue reading

NASA’s contract with Boeing and SpaceX

NASA, Boeing and SpaceX has joined hands in a commercial crew program (Image: NASA)

NASA, Boeing and SpaceX has joined hands in a commercial crew program (Image: NASA)

NASA will work with two aeronautical firms, Boeing and SpaceX, in a taxi contract to take astronauts to the International Space Station (ISS) in the coming years to perform important science research and other related tasks on ISS. NASA is also thinking to use the same technologies to take astronauts to other places in space such as Mars and asteroids in the future.

This contract would reduce the U.S.’s dependence on Russia to take and bring astronauts to and from the space station. At this time, Russian Soyuz takes at least four astronauts of NASA in a year at the price of $71 million per seat. On the other hand, SpaceX noted the cost $20 million per seat in the future after the success of technological contract. Continue reading

Less than 1% of UK public research funding spent on antibiotic research in past 5 years

Antibiotic research (Credit: Anonymous)Main Point:

Less than 1% of research funding awarded by public and charitable bodies to UK researchers in 2008–13 was awarded for research on antibiotics.

Published in:

The Lancet Infectious Diseases

Study Further:

The study, which is the first detailed assessment of public and charitable funding to UK researchers focusing on bacteriology and antibiotic research, suggests that present levels of funding for antibiotic research in the UK are inadequate, and will need to be urgently increased if the growing crisis of antibiotic resistance is to be tackled effectively by UK researchers. Continue reading