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A paper microscope that costs only 50 cents can detect malaria...

2015-07-29 00:40:18| Biotech - Topix.net

A paper microscope that costs only 50 cents can detect malaria from just a drop of blood - and it could revolutionize medicine For a whole lot of people, especially those in developing countries, science - and with it, medicine - isn't readily available to the majority of citizens. But Manu Prakash wants to change that.

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Statoil Q2 profits hit by lower oil prices, higher costs

2015-07-28 10:27:19| Oil & Gas - Topix.net

Norwegian energy company Statoil says it was hit by lower oil prices, increased depreciation and higher drilling costs in the second quarter, causing net profit to fall 16 percent to 10.1 billion kroner . CEO Eldar Saetre said Tuesday that the company "delivered encouraging operational performance with good production growth and high regularity" in the quarter, adding that it will continue to cut costs as part of an efficiency program that was "on track."

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Interest rate computer glitch costs Westpac over $1m a day

2015-07-27 17:14:41| Automakers - Topix.net

Westpac is not currently able to follow its rivals and boost rates for investors due to complexities in its IT systems. Westpac Banking Corp is missing out on $1 million a day that its competitors are now creaming from landlords because its computer systems will not allow it to charge differing interest rates.

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Italian Service Bureau, ZARE, Cuts Manufacturing Costs for Aerospace and Automotive by 50% with Stratasys 3D Printing

2015-07-27 12:31:13| Industrial Newsroom - All News for Today

Using additive manufacturing to produce end-use parts, the company has reduced total cost per part by around 30% Minneapolis Rehovot, Israel  Stratasys Ltd. (Nasdaq:SSYS), a leading global provider of 3D printing and additive manufacturing solutions, has today announced that Italian Service Bureau, ZARE, has...

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Venezuelan Currency Chaos Costs Coca-Cola Bottler 95% of Revenue

2015-07-27 09:50:29| Beverages - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. The company said Thursday it reduced the value of its revenue from Venezuela by 95 percent as the nation's currency collapses and inflation soars.

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