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Knowledge Update

G7 countries agree to boost investment, ensure energy supply

​Tokyo, May 2 (IANS) The G7 energy ministers on Monday agreed to step up energy security and boost investment to counter instability caused by the fall in crude oil prices.

Ministers from Japan, Canada, Germany, Italy, the US, Britain and France and representatives from the International Energy Agency (IEA) and The International Renewable

China's non-manufacturing sector grows at slower pace

​Beijing, May 1 (IANS) Business activity in China's non-manufacturing sector expanded at slower pace in April, official data showed on Sunday.

The purchasing managers' index (PMI) for the non-manufacturing sector stood at 53.5 in April, down from 53.8 in March and well above the 50 mark that separates expansion

India, Papua New Guinea sign four agreements

​Port Moresby, April 29 (IANS) India and Papua New Guinea signed four agreements, including in the areas of healthcare and information technology (IT), on Friday, the second and concluding day of President Pranab Mukherjee's visit to this Pacific island-nation.

China's migrant workforce declining, getting older

Beijing, April 29 (IANS) China's migrant workforce reached 277.5 million in 2015, an annual rise of 1.3 percent, but the year-on-year growth rate has been decreasing since 2011, according to the National Bureau of Statistics.

Hyundai Motor's operating profit hit five-year low

​Seoul, April 26 (IANS) Hyundai Motor's operating profit fell to the lowest in five years in the first quarter, a regulatory filing showed on Tuesday.

Operating profit was 1.34 trillion won ($1.16 billion) during the January-March period, down 15.5 percent from the same period last year.

China's coal consumption to hit 4.3 bn tonnes in 2020

​Beijing, April 25 (IANS) China's coal consumption will be around 4.3 billion tonnes by 2020 as the government pushes for cleaner and greener growth despite the slowing economy, the China National Coal Association (CNCA) said on Monday.

G7 agree on cooperation to prevent animal diseases

Tokyo, April 24 (IANS) The agriculture ministers of the G7 countries agreed on Sunday to deepen cooperation to combat diseases that affect livestock by creating a system to rapidly exchange information on cases of this kind.

Over 165 countries to attend signing ceremony for Paris climate agreement

​United Nations, April 22 (IANS) More than 165 UN member states are expected to attend a high-level signing ceremony for Paris climate agreement, including an estimated 60 heads of state and heads of government, a UN spokesman said here on Thursday.

Intel to cut 12,000 jobs in face of declining PC market

​San Francisco, April 20 (IANS) US chip-maker Intel has said that it will cut 12,000 jobs globally by mid-2017 in a restructuring initiative designed to meet the challenge of declining personal computer market.

Alibaba predicts 20 years of 'enviable' growth for China

​Beijing, April 20 (IANS) The Chinese economy will overcome the difficulties it is facing currently and will continue to occupy an enviable position over the next two decades, Jack Ma, founder and chairman of e-commerce giant Alibaba, said on Wednesday.