A little-known energy company Caelus Energy announced discovery of a major offshore oil field in Alaska. A large oil field has been discovered in the Alaska offshore in the Gulf of Smith, which is about 480 kilometers north of the Arctic Circle. According to The Wall Street Journal, the discovery...

On Friday, French defense minister Jean-Yves Le Drian is arriving in New Delhi to put his signature under a contract for delivery of 36 Rafale fighter jets for the Indian Air Force. The last obstacle to signing of the agreement was approval of the Government of India, which was received on...

Most of the refugees in Germany fail to find permanent employment. Georgina Prodhan reports to Reuters that “blue-chip companies” of Germany needed to give an explanation to Chancellor Angela Merkel for the reason behind the hiring of less than even hundred refugees, while close to a million of...

Social entrepreneurship is gaining momentum around the world, and many experts are confirming that this sector is growing. Nevertheless, activities of social entrepreneurs remain a mystery for most people, which, in turn, hinders business development, which is aimed at addressing the most pressing...

Any conflicting visions over how the bloc should combat euroskepticism and the risk of a break-up were denied by the European Union's top officials.   Despite the two leaders offering diverging views of whether there should be, in Juncker's view, "more Europe" and "more unity" or, as Tusk...

European regulators want to oblige EU member states to reduce energy consumption by 30% by 2030, reported British media. Energy Efficiency Directive is part of a strategy to reduce emissions and prevent energy losses. Among other things, the document envisages promotion of renewable energy. At the...

The renewable energy dispute of the U.S. reaches WTO’s table. On the 12th of September 2016, WTO informed in a statement that India submitted a complaint to the “World Trade Organization” against the support provided to the “eight U.S. states” concerning industry of the renewable energy.  ...

The European Commission adopted new rules governing operation of various instant messengers and online voice and video services, such as Skype, WhatsApp and Viber. These rules can be submitted as early as this week. According to them, such services will fall under safety requirements applicable to...

Many people dream about becoming a writer and publishing at least one book. Some of them converted writer’s craft into the main source of stable income. Here are the top 5 richest authors in 2016 according to Forbes. 5. Nora Roberts $ 15 million The author of detective and romance novels Nora...