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Kazakhstan tries to get back $22bn in frozen assets

Kazakhstan has asked an appeals court to overturn a decision that saw BNY Mellon freeze assets worth more than $ 22 billion held in the bank by the country’ sovereign wealth fund. The bank seized the assets as part of a dispute between Kazakhstan and a Moldovan businessman who sued the Central Asian country for the nationalization of his oil ...

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There and back again: RT’s journey to N. Korean nuclear test site demolition (VIDEO)

From a ride on a luxurious train with sealed windows to the massive blasts that leveled Pyongyang’s nuclear test site, RT’s correspondent recalls his journey to reclusive North Korea as part of a selected group of foreign media. The journalists were taken to the Punggye-ri site in the north-east of the country on a posh train, which RT’s correspondent Igor ...

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Jury finds Samsung owes Apple $539M in patent case stretching back to 2011

A patent case that began back in 2011 has reached a conclusion, with Samsung ordered to pay about $ 539 million to Apple over infringements of the latter’s patents in devices that are now long gone. The case has dragged on for years as both sides argued about the finer points of how much was owed per device, what could ...

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Jury finds Samsung owes Apple $539M in patent case stretching back to 2011

A patent case that began back in 2011 has reached a conclusion, with Samsung ordered to pay about $ 539 million to Apple over infringements of the latter’s patents in devices that are now long gone. The case has dragged on for years as both sides argued about the finer points of how much was owed per device, what could ...

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To orbit and back: Russia developing Soyuz-based pilotless craft to retrieve cargo from space

Russia is developing an unmanned spaceship able to retrieve cargo from orbit and get back. It doesn’t look like a fully reusable craft, but this is the closest you can get after the demise of the Shuttle program. The state-of-the-art vehicle – dubbed Soyuz GVK (Cargo Retrievable Spacecraft) – will be capable of delivering two tons of cargo to orbit ...

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Back to ‘normal’? Ecuador withdraws Assange’s extra security at London embassy

The president of Ecuador has ordered the withdrawal of enhanced security from the country’s London embassy, which was assigned to protect Julian Assange, who remains holed up there to avoid possible deportation to the US. The Ecuadorian government “will maintain normal security similar to the level of security at all other Ecuadorean embassies in the rest of the world,” Lenin ...

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Apple hit with lawsuit over the “completely reinvented” Macbook keyboard it rolled out back in 2015

A little more than three years ago, Apple announced a new MacBook with a “butterfly” keyboard that was 40 percent thinner and ostensibly four times more stable than the previous “scissor” mechanism that MacBooks employed. The promise was to more evenly distribute pressure on each key. Not everyone loved this “reinvention,” however, and now, Apple is facing a class action lawsuit over ...

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Back to $100? Crude oil prices to soar as Iran crisis adds to global supply headache

Prices for crude may skyrocket to $ 100 per barrel as soon as next year as major supply risks in Iran and Venezuela are likely to strain global energy markets, say analysts at Bank of America Merrill Lynch. According to the bank, Brent futures, currently hovering around $ 77, will reach $ 90 in the second quarter of 2019 due ...

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Xiaomi promises to give money back to customers if its profits get too high

Xiaomi, the Chinese smartphone maker tipped for a public listing this year, has made a unique pledge: if it makes too much money, it’ll give a chunk of its profits back to its customers. Yes, that’s right. The company said today it will forever limit to just five percent the net profit margins after tax for smartphones, smart home devices ...

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Back to earth, Bezos! Amazon chief under fire for space travel plans as workers struggle

Amazon founder Jeff Bezos is facing criticism for plans to spend billions on space travel as his workers sleep in tents to save money and pee in bottles to avoid missing their daily work targets. Bezos, the world’s richest man, recently told Business Insider that the “only way” he sees how he can spend so much money is by converting ...

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