Possible ‘Hidden Chamber’ in King Tut’s Tomb Invites More Secretive Scans

A group of archaeologists has said the tomb of Tutankhamun may hold a hidden chamber containing the tomb of Queen Nefertiti. Now, a physicist plans to lead a team conducting another series of ground-penetrating radar (GPR) scans as a last-ditch effort to find Nefertiti’s burial site. In this method, high-frequency radio waves bounce off the ground and off of walls, and the reflected signals can reveal hidden treasures, or empty chambers.This is the third time that this method has been used in Tutankhamun’s tomb and it is unclear how the new scans will be different than the others.
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Toyota three-wheeling into Geneva

Japanese automotive giant Toyota has confirmed it’s bringing a tiny plug-in electric concept car to this year’s Geneva Motor Show. Called the i-TRIL, it gives a glimpse of what Toyota imagines is the future of individual urban mobility. As for range, Toyota is yet to confirm how big the battery pack will be, however it has confirmed that the i-TRIL will have a trick suspension setup that will enable it to lean into corners and around bends just like a motorbike.
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Shark kills bodyboarder on Reunion island

Saint-André (France) (AFP) – A 26-year-old man bodyboarding off of Reunion island was killed by a shark on Tuesday, local officials said, in the latest attack in the waters of the Indian Ocean holiday destination. It was the 20th recorded shark attack on the island since 2011, eight of which have been fatal, despite efforts by local authorities to install nets and warn locals and tourists about the dangers. The man, a former shark spotter from the island once employed by the local surfing association, was pronounced dead after the shark bit through a major artery in his leg off the eastern coast near Saint-Andre.
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South Sudan: five things to know

South Sudan, where the government on Monday declared famine in some parts of the country, is mired in an economic crisis due to a devastating civil war. Independent since 2011, the world’s newest country was engulfed by civil war in 2013 after President Salva Kiir accused his rival and former deputy Riek Machar of plotting a coup against him. Oil production — from which South Sudan gained 98 percent of its revenues on its independence five-and-a-half years ago — has plummeted by more than half and the country is struggling to halt rampant inflation.
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Poland launches new tender for military choppers

Poland on Monday formally launched a tender for 16 military helicopters following months of talks with aeronautics rivals Airbus, Lockheed Martin and Leonardo-Finmeccanica. The defence ministry began the talks in October after calling off formal negotiations with France’s Airbus to buy 50 of its Caracal helicopters for several billion euros (dollars) in a move that ratcheted up tensions with France. “A committee tasked with the negotiations invited the firms on Monday to present their offers” for the eight anti-submarine helicopters and another eight aircraft for the special forces, the ministry said in a statement.
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Afghan villagers flee Pakistani cross-border firing: aid group

Hundreds of Afghan families have been displaced by cross-border rocket and artillery fire by Pakistani troops, an aid group said on Monday, as tension rose after Pakistan said militants implicated in recent attacks had taken shelter in Afghanistan. As many as 200 families have been displaced from their homes, while some civilian casualties have also been reported after Pakistani border troops fired rockets and artillery, according to the Norwegian Refugee Council (NRC). Islamic State’s regional branch claimed responsibility for a bomb attack on Thursday at a Sufi shrine in Pakistan’s Sindh province.
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Here’s Why Airbus Just Took Another $1.2 Billion Hit

European aerospace group Airbus

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took a new 1.2 billion euro ($1.2 billion) charge for its troubled A400M military aircraft program and called for new talks with European buyer nations to limit further financial damage, despite posting higher than expected core earnings and revenues for 2016.
The fresh charge for the A400M troop carrier brings the total for last year to 2.2 billion and the total since Europe’s largest defense project was launched over a decade ago to more than 6 billion, due to persistent delays and cost overruns.
The company, reporting for the first time as Airbus and with a new financial format after ditching the Airbus Group brand in a revamp that recognizes the dominance of its civil business, said “adjusted” operating income fell 4% to 3.955 billion euros on revenues which rose 3% to 66.581 billion.
A last-minute surge in civil jetliner deliveries last year, compensated for weaker helicopter and defense markets.
Analysts were on average expecting a 7.3..

These Big Banks Have Reportedly Been Chosen for Saudi Arabia’s Upcoming Giant IPO

Oil giant Saudi Aramco has asked J.P. Morgan Chase

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and Morgan Stanley

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to assist with its upcoming mammoth IPO and could call on another bank with access to Chinese investors, a source with direct knowledge of the matter said.
The U.S. banks have joined boutique investment bank Moelis & Co

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in being tapped for coveted roles in what is expected to be the world’s biggest initial public offering worth some $100 billion.
HSBC Holdings

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has emerged as the leading contender for a role among a list of five banks that could provide a pipeline to Chinese investors – an important part of the offering, the source said, adding that the other four are Chinese banks.
The final lineup for banks could still be adjusted, the source said, declining to be identified due to the sensitivity of the matter.
The IPO is the centerpiece of the Saudi government’s ambitious plan, known as Vision 2030, to diversify the economy beyond oil. Up to 5% of the world’s largest oil producer is ..

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