Facebook Is Slashing the Price of Oculus Rift VR Headset Again
Will virtual reality look more attractive to consumers if its $200 cheaper?
Oil prices dip on ample supply as OPEC may consider widening cap
Prices dropped even as OPEC signalled it may widen its production caps to include Nigeria and Libya, whose output has recovered in recent months after being curtailed by years of unrest. Brent crude futures (LCOc1), the international benchmark for oil prices, were at $46.21 per barrel at 0936 GMT, down 50 cents, or around 1 percent, from their last close. The Organization of the Petroleum Exporting Countries has agreed with some non-OPEC members to curtail production until March 2018 but the move has failed to eliminate a global glut of crude.
B.C. container drivers win $2.3 million in court
Trucks jam up highway in honor of Don Anderson
Apple to build second renewables-powered data centre in Denmark
Apple Inc said Monday it will spend 6 billion Danish crowns ($921 million) on a new data centre in Denmark, its second in the Nordic country to run entirely on renewable energy. Facebook Inc in January also announced plans to build a data centre in Denmark, only its third outside of the United States.
Qatar central bank says country has $340 billion in reserves, can weather Arab sanctions
Qatar has $340 billion in reserves that could help the Gulf country to weather the isolation by its powerful Arab neighbours, central bank governor Sheikh Abdullah Bin Saoud al-Thani said. Al-Thani said the central bank has $40 billion in reserves plus gold, while the Qatar Investment Authority sovereign wealth fund has $300 billion in reserves that it could liquidate. Qatari stocks have weakened and the riyal has been volatile in the spot market since Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties with Qatar on June 5, accusing it of backing terrorism.
Will the Qatar crisis be resolved?
Becca Wasser at RAND Corporation says rifts occurring among countries in the Gulf Cooperation Council have been solved in the past, but it's taken time.