Murat Turan

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LME launches LMEshield warehouse electronic tracking system

LONDON (Reuters) - The London Metal Exchange (LME) said on Thursday its new electronic tracking system for warehouses has been launched.<p>Traders and clerks react on the floor of the London Metal Exchange in the City of London February 14, 2012. REUTERS/Luke MacGregor<p>“LMEshield is now live, and the …

Saudi Aramco's $125 billion megadeal could be coming to New York

That's according to The Wall Street Journal's Benoit Faucon, who cited Ibrahim Muhanna, an oil-ministry adviser, speaking at a conference in Paris.<p>The listed shares could amount to $125 billion in value, according to the report.<p>Muhanna also said the government is considering holding the offering on …

Ukraine's Naftogaz Breaks With Russia's Gazprom...Again

Ukraine’s state owned energy giant, Naftogaz, doesn’t need Gazprom anymore. <i>And don’t let the door hit you on the way out,</i> one can almost hear Naftogaz executives telling their Russian partners.<p>The company said Friday that it will not be resuming natural gas purchases with Gazprom effective …

So You Bought a $1 Million Car. Here’s How to Get It Home

<b>Do your research.</b> There are many U.S. carriers who specialize in high-priced domestic cargo. Others, such as West Coast Shipping, specialize in …

Exxon Mobil In Talks to Buy Into Eni's Giant Mozambique Gas Field

Exxon Mobil is in talks to buy a stake of around 15% in Italian oil major Eni’s giant Area 4 gas field in Mozambique, two sources familiar with the …

China and India are changing the game for oil and gas

India and China have seen exponential growth in oil demand over the past 25 years. Combined, they consume 16 percent of the world's oil--second only to the U.S. at 20 percent. And analysts expect that by 2040, these two growing economies will double their combined consumption to 30 percent. These …

Viva vagus: Wandering nerve could lead to range of therapies

With outposts in nearly every organ and a direct line into the brain stem, the vagus nerve is the nervous system’s superhighway. About 80 percent of …

Ukraine stops buying Russian gas, closes airspace

MOSCOW (AP) — Tensions between Russia and Ukraine escalated Wednesday as Ukraine decided to stop buying Russian natural gas — hoping to rely on …

Lucara CEO seeking over $60-million for 1,111-carat diamond

How much does the head of the company that unearthed the second-biggest ever diamond want for the gem? More than $60-million, that's all he'll say.<p>"I haven't even told my wife," said William Lamb, chief executive officer of Lucara Diamond Corp., which last week announced the discovery of the …

South Africa

Tesla's new gigafactory will highlight the 2 biggest labor trends in America

Tesla will build the batteries for its electric cars there, and while the factory is still years from being operational, a report in the Reno Gazette-Journal on Sunday discusses the impact the factory is already having on the region's economy.<p>Specifically, Tesla is amplifying the two biggest labor …

Deleting genes could boost lifespan by 60 per cent, say scientists

The secret of extending life by decades may lie in switching off certain genes, scientists believe, after showing that small genetic tweaks can make organisms live 60 per cent longer.<p>Ten years of research by the Buck Institute for Research on Ageing and the University of Washington has identified …

Studioe2 Design The Interior Of A Home In Turkey, Featuring Marble, Wood, Concrete And Metal

Istanbul-based designer duo, Mehmet Erciyas and Neslihan Erciyas of Studioe2, have designed the AC House, a two-storey home located in Istanbul, …

Tech whizz behind mobile banking turns attention to loyalty cards

A new start-up wants to help consumers tap into the free rewards promised by big brands - but rarely claimed<p>The technology entrepreneur behind many of the UK’s mobile banking apps is now taking on loyalty cards with a new start-up that aims to consolidate branded schemes on a single platform.<p>Mark …

This is Porsche’s four-door electric future

Welcome, readers, to the future. A future where a 600bhp Porsche sports car has four doors, four full-size seats, four-wheel drive and dispatches 0-62mph in under 3.5 seconds, yet there’s not a drop of unleaded in sight.<p>Welcome to the Porsche Mission E – an all-electric sports car revealed at the …

The Forgotten Stepwells Of Urban India

All across India, elaborate subterranean temples are hidden in plain site. Constructed between the 2nd century and 4th century AD, these massive and ornate stepwells were built both for spiritual bathing and as a way to access water tables during monsoon season and drought seasons. Today, tourists …

Find A Jack Ma Or Pony Ma To Start Up With In China, Advises Former Alibaba CEO

Entrepreneurs heading to China with dreams of starting a business on their own might want to rethink their plans.<p>Don’t go solo. Partner with a Jack Ma or a Pony Ma instead. That’s what David Wei, former CEO of Alibaba and chairman of Vision Knight Capital, advised young Chinese entrepreneurs at a …

Exclusive: Gazprom building global alliance with expanded Shell

ST PETERSBURG, Russia (Reuters) - Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps and allow the Russian gas giant to penetrate new markets, its chief executive told Reuters.<p>Gazprom, the world’s top gas producer, said on Thursday that …

Big Oil saving Putin top investor show again

MOSCOW/LONDON (Reuters) - Some of the world’s most powerful oil executives will attend Russia’s top investment show next week, once again helping the organizers shrug off a meager turnout from other leading Western industrialists and bankers.<p>Russian President Vladimir Putin gestures as he leaves at …

Alibaba’s latest deal could ultimately challenge the Bloomberg terminal

Bloomberg has such a lockdown on the lucrative financial data market that some clients are desperate to wean themselves off of its terminals. While few American companies have brought a formidable competitor to market, China’s largest e-commerce company might.<p>Today Alibaba announced a 1.2 billion …

Shareholders Ramp Up Pressure on HSBC

Some shareholders in HSBC Holdings PLC are getting restless. The bank is holding an investor day next Tuesday to lay out its strategy for dealing with rising costs, a growing regulatory burden and low returns. Ahead of it, two major shareholders told MoneyBeat that there is a strong case for …

Tiny Collar Fan to Keep Your Head Cool in Hot Weather

Summer days can be really difficult for people who hate hot weather. Chacko T Kalacherry, an industrial designer, has submitted a cute tiny collar …

Men's Wearhouse Founder Explains His 'Uber for Tailors'

George Zimmer discusses zTailors, his new on-demand tailoring service.<p>With an estimated net worth of around $800 million, George Zimmer doesn't seem like the type to request an Uber. But when asked what inspired zTailor, his new website and app that connects customers with on-demand tailors, the …

Ridesharing

E-commerce giant Alibaba aims to win outside China

Alibaba wants to go global in a big way.<p>Days after taking the helm as the company's new CEO, Daniel Zhang told employees Wednesday he's making international growth Alibaba's primary mission in the coming year.<p>"We must absolutely globalize," Zhang said, according to an official Alibaba website story …

Japanese trading houses to cut investments, step up asset sales

TOKYO (Reuters) - Japan’s big trading houses, stung by large asset writedowns in the wake of the global commodities slump, plan to step up asset sales and wind back investment spending by up to $10 billion over the next three years.<p>The changes will mean reduced spending on energy and minerals …

How It Works: Project Loon's Global Internet

Google wants to bring 4G signals to even the most remote locales<p>Pervasive as the Internet seems, less than half of the world’s population has access to it, leaving some four billion people unconnected. This spring, engineers at Google’s Project Loon will shift to the next phase in a grand plan to …

Marsh Drone Floats On Water To Search Murky Depths Below

Perfect for a rainy existence<p>Drones are not really known for their amphibiosity. Most quadcopters handle water so poorly that their pilots will dive into canals to save them. Waterproof drones are novel enough that floating without failing is enough to be a selling point. Made by Search Systems, …

Inspiring Display of Natural Textures: Nairn Road Residence in Dorset, England

Designed by <b>David James Architects</b> in Dorset, England, <b>Nairn Road Residence</b> displays a sober modern exterior appearance. The blend of stone, render, …

Russia's Gazprom Counting On...Greece?

Greece’s prime minister Alexis Tsipras has stepped up to help Turkey be the new Ukraine. Tsipras and his Energy Minister Panagiotis Lafazanis reportedly signed a “memorandum of cooperation” with Gazprom and the Russian government to help with a pipeline to Turkey that will diversify natural gas …

DIY Magnetic Knife Holder

Check out this creative and cheap way to store your knives. A magnetic knife block allows you to display, store, and easily access your kitchen …