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A Combination Drug Treats Hepatitis C in Patients of HIV

Gilead Sciences Incorporated, Solvadi, is controversial due to its price. This drug helps to cure the condition of hepatitis C in people that have HIV, as stated by researches who believe that his drug has the potential to limit the top cause of fatality in these patients. In the study around 223 HIV-infected patients used Solvadi in co...
Jul 22, 2014
 
Chinas Declining Marine Economy Demands A Rise In Resource

China’s ocean resources exploration activities are nudging the policymakers to approach the sea resources for further development, reported a release on Tuesday in Beijing.  China’s Ocean Development Index increased in the forecast 2010 – 2013 with a value of 100 to 115.5. The marine side in this economic sector m...
Jul 22, 2014
 
China Mobile Targets 50,000 Base Stations for 4G by End of 2014

China Mobile, the largest telecom firm in China, announced on Monday its plans to install over 50,000 base stations for the 4G mobile network. The installations are expected to be complete by the end of 2014. In addition to this, international roaming services for 4G will be opened in 50 more countries and regions that are frequented by...
Jul 22, 2014
 
Ackman Sends Herbalife Shares Tumbling Down

After Bill Ackman made claims to bring out the truth about Herbalife’s pyramid scheme, the healthcare company’s shares have declined to the lowest in the three months. Herbalife ensures weight loss through consumption of its weight-loss shakes, has taken a serious beating ever since Ackman, head of Pershing Square Capital Management...
Jul 22, 2014
 
Flurry Acquired by Yahoo to Boost Advertisement Revenue

App analytics firm Flurry has been acquired by Yahoo with a view to generate greater revenue from the sale of smart phones. App analytics firms aim at helping app developers to analyze data pertaining to the users and provide highly personalized advertisements to them.  Yahoo’s several competitors have also taken over app ana...
Jul 22, 2014
 
McDonalds, Yum break ties with Chinese supplier over food safety concerns

McDonald’s Corp and KFC-parent Yum Brands Inc have decided to break ties with a Chinese meat supplier owing to food safety concerns. The U.S. fast food chains apologized to its Chinese customers after the supplier was shut down by state regulators.  It was suspected that the Chinese branch of OSI Group LLC had been supplying ...
Jul 21, 2014
 
Huatong Road & Bridge Group Co. fuels Chinese Debt Costs

Chinese companies’ borrowing costs have reached the highest in eight months with concerns for the Huatong Road & Bridge Group Co., which might emerge as the second onshore corporate to default on the bonds. The top rated commercial paper yields during a year climbed by 26 points previous week. This was the steepest since the i...
Jul 21, 2014
 
Diagnosis rate of HIV fall by a third in United States

Researchers have stated that, the rate of diagnosis of patients with HIV annually has fallen by a third in United States. This has happened during the duration between 2002 year to 2011 year. According to a special issue published by the Journal of the American Medical Association, fewer people in U.S. have tested positive for HIV, exce...
Jul 21, 2014
 
OMV Petrom Announces Discovery of New Oil Reservoir in Black Sea

Leading oil and gas producer OMV Petrom, with operations in South-Eastern Europe, has announced its discovery of a new oil reservoir. According to the company, the reservoir is located on the Romanian Black Sea’s continental shelf. The company informed that the a well with a depth of 2,150 meters below the seabed was drilled to find the o...
Jul 21, 2014
 
Expired Beef and Chicken Products from Chinese Supplier Force McDonalds and Yum! Brands to Implement Embargo

Leading food brands Yum! Brands Inc. and McDonald’s Corp. have put an embargo on the purchase of meat products from a supplier in Shanghai in the backdrop of authorities investigating allegations about the Chinese supplier having sold beef and chicken products past their expiration date. McDonalds has notified all its outlets to i...
Jul 21, 2014
 
Food safety outrage in China

Two popular fast food eating joints KFC and McDonald’s in China are facing issues with their food safety standards, after a television station of Shanghai reported that these outlets were using stale meat in their food items.  Husi Food Co., Ltd., KFC and McDonald’s meat supplying company has evidently been repackaging ...
Jul 21, 2014
 
Protein FGF1, the Wonder Injection For Diabetics

Triggered by being overweight and sedentary lifestyle, the number of Type 2 diabetic patients has only gone up in the last few years. The lifestyle, much detrimental to the body’s metabolism, raises the blood sugar levels in the bloodstream beyond insulin’s control or resistant to it. As a great relief to excruciatingly painful p...
Jul 18, 2014
 
China Shines for Yum, While India Looks Grim

The second quarter of 2013 saw Yum’s restaurants across China wrapped in a miasma of avian flu, and a food-safety scare leading to an unfortunate loss of 20%. However, the dark cloud’s silver lining seems to be finally glowing with KFC outlets in China which have shown significant growth this year.  In fact, Yum recorde...
Jul 17, 2014
 
Apple Keeps Its Archenemy IBM Closer

The world knows, for as long as Steve Jobs lived and headed Apple Inc., he believed in focusing on the consumer to attain any kind true success. Tim Cook, his successor too believes in writing yet another great success. But, although these two great minds may think alike, the latter is surely taking a different path to reach the final destinati...
Jul 17, 2014
 
Samsung Suspends Business with Chinese Supplier Over Child Labor Accusations

Samsung Electronics Co Ltd has shelved business with a Chinese mobile phone supplier after it suspected the company of employing under-aged workers. This comes less than a week after a U.S. watchdog accused the supplier of engaging in child labor on finding at least five child workers employed without contracts. Dongguan Shinyang Electr...
Jul 14, 2014
 
Desmond Tutu supports assisted dying for terminally ill

Desmond Tutu stated that the quality of life experienced should be questioned. His writing in ‘The Observed’ displayed his opinions about the sanctity of life should be present but not at any cost. He also suggested that life prolonging of Mandela’s was an affront to his dignity. The comments made by Desmond Tutu follo...
Jul 14, 2014
 
Worlds First Temperature-Controlled Mini City to be Built in Dubai

Dubai is a land that lays claim to many superlative firsts in the world. It is home to the tallest building and boasts the largest fish tank. And now, the plan is to build the largest indoor theme park and mall on the lines of a mini city. Nothing extraordinary about that, you might say. Except that this ‘mini-city’ will be the firs...
Jul 14, 2014
 
Li & Fung spinning off the Brand and Licensing Business

Global Brands manages over three hundred fifty labels which include the Coach Inc. shoes and many licensed characters such as Spiderman and Angry Birds. This organization has started trading at HKD 2.09 and has unchanged so far. Li & Fung, a Hong Kong based company is spinning off the brand and licensing business to pay more attenti...
Jul 10, 2014
 
With Online Banking on the Rise, more Branches to Shut Shop in Britain

With internet and mobile banking gaining popularity, an increasing number of Britons are reducing trips to branches across the country. An accountancy firm stated that daily transactions worth nearly 1billion pounds are being made through digital banking and this has caused branch use to sharply decline. This means that banks are now shutting d...
Jul 10, 2014
 
China Looks to Accelerate its Insurance Industry

China is on a mission to stimulate entrepreneurship and innovation in its insurance sector. The country is looking to generate more income from its insurance sector, and will implement guidelines as a step towards the same. Economists in China are confident that with the insurance sector being developed faster, it will help in the optimization ...
Jul 10, 2014
 
Daily dose of Vitamin D could help Reduce Chances of Bowel Cancer

In a new research, scientists have found that individuals with higher levels of vitamin D in their blood are more likely to survive bowel cancer. Researchers from the Edinburgh University, United Kingdom, have revealed that the chances of surviving cases of bowel cancer are higher in patients with higher levels of vitamin D than the one...
Jul 10, 2014
 
Precious Metals Trading Expert Rejoins HeraeusInc

Heraeus Inc. declared that the industry expert Miguel Perez-Santalla has returned to the company as Sales & Marketing Manager.HeraeusInc. is a part of Precious Metals New York LLC metals and technology. This news was reported to ArtinJanian, Sr. VP of Finance and Operations of the company. Perez-Santallais a member of the Internatio...
Jul 10, 2014
 
Strong support for Louisiana from Oil and Gas Industry

The continuous growing expansion in the oil and gas industry has imparted a strong support to the Louisiana economy. Loren Scott, a LSU Economist proved in a study that Louisiana supported almost $74 billion in sales to local firms in 2011 and generated 287,000 jobs with $20.5 billion in household earnings. Several professionals...
Jul 10, 2014
 
Survey Finds Two in Five Households in the United States Only Have Cellphones

A survey conducted in the United States has revealed that a higher number of homes now have only cellphones, and no landlines. The survey showed that 41% homes are now without landlines, as of the second half of 2013. The survey was conducted by the Centers for Disease Control and Prevention, which published the findings in a report this week. ...
Jul 9, 2014
 
Massive CO2 Burp in the Pacific Ocean ended Last Ice Age?

A new research has revealed the chances of a massive burp of CO2 (carbon dioxide) in the North Pacific Ocean having effected in the end of the last ice age, some 17,000 years ago. The research was led by scientists in from the St. Andrews University, Scotland. The results from the study suggested that the changes in circulation in the N...
Jul 8, 2014
 
Cement Industry reported Gas Prices Rise to $8 per million BTUs

According to an official source from a cement company, the government has increased the gas prices for the cement factories. The gas prices have been increased to $8 per million British Thermal Units (BTUs) as compared to the previous figure $6. On the other hand, the fuel oil prices have increased from EGP 1,500 to EGP 2,250 per tonne.  ...
Jul 8, 2014
 
Medical Marijuana to be allowed in New York

Andrew Cuomo on Monday stated that he has signed a legislation which will make New York the twenty-third state to permit medical marijuana. However, calling his approach he said it forbids smoking of this drug and includes strict limits which are the smartest move any state has undertaken so far. Access to the medical marijuana drug wil...
Jul 8, 2014
 
Senior executive from Tag Heuer poached by Apple

As the launch of iWatch nears, Apple Inc. has poached another senior executive. The senior executive worked in the luxury watch brand Tag Heuer. This could help Apple in the launch of iWatch which is expected to be in autumn this year. The luxury goods group LVMH has Tag Heuer as a part of the group. A representative from this luxury gr...
Jul 7, 2014
 
Diabetes among Older Patients is Often Over-treated: Study

Diabetes patients are often treated with drugs such as metformin that mitigate the risk of hypoglycemia (low blood sugar). But this could be potentially costing these patients in the form of a dangerous side effect. However, older patients have a reduced ability to tolerate these medications, as they experience other chronic conditions with age...
Jul 7, 2014
 
Israel Airports Authority Accepts Safe Skies Luggage Locks

The security officers at the airport security can now conveniently open and relock the bags using Safe Skies Locks. In this manner, the travellers have a peace of mind and full agreement with the security rules of the airport.  Safe Skies, NY, the leader in the global market for travel lock technology, and also the best provider of...
Jul 7, 2014
 
General Motors June sales rise 9.1% in China

General Motors Co. (GM) witnessed a 9.1% rise in sales in China last month, aided by those of Buicks and Cadillacs. The sales jumped to 257,798 units in June, with deliveries gaining 10.5% in the first half.  General Motors has been competing with Volkswagen AG in the world’s largest automaker, hoping to take the lead among o...
Jul 7, 2014
 
Fourth Factory unit in the Pipeline for Peugeot-Dongfeng

Responding to increasing demands in the Chinese market, Europe’s second-largest carmaker PSA Peugeot Citroen (UG) is in talks of setting up another factory in the country together with local carmakers Dongfeng Motor Corp.( 489) making it the fourth vehicle plant in China. The unit, to be built in Chengdu of Sichuan province, will have the...
Jul 3, 2014
 
Sleeping Pattern can Affect the Switch from School to Office

A recent, small study performed in Japan indicates that recent college grads who are used to staying up late in the night and sleeping late can find switching from college pattern to a regular job schedule difficult. This pattern will make it difficult to function during the day. The lead author at Edogawa University in Nagareyama, Shoi...
Jul 3, 2014
 
Xiaomi Corp. Exceeds Total 2013 Sales in First Six Months of 2014 in China

Xiaomi Corp., the Chinese smartphone manufacturer, has said that its shipments have quadrupled in the first six months of 2014. With this, sales in the first half of 2014 have surpassed the total number of smartphones by Xiaomi sold in 2013. The smartphone maker that sells more smartphones than Apple Inc. in China, said that it shipped 26 milli...
Jul 3, 2014
 
Saudis petrochemicals industryon expansion

Saudi Petrochemicals industry has diversified its feedstock mix and expanding its products lot to involve more and more value intermediates, reported BMI.  BMI said this act is essential because as Saudi Arabia bans the imports of pricing structure and natural gas for domestic supplies it has also reduced the incentive slot to expl...
Jul 3, 2014
 
Latest medical devices minimize injuries at FIFA 2014

This year’s FIFA World Cup has witnessed new and advanced technology coming to the fore, the most popular being the goal-line technology. With special focus on the physical and mental conditions on the players, there has been an increase in the number of doctors and coaches as well as medical devices that have ensured minimum injury and i...
Jul 2, 2014
 
Cape Wind Obtained a Loan Guarantee to Build Offshore Wind Farm

A loan guarantee of USD 150 million was received by Cape Wind Associates from the U.S. Department of Energy. This loan is aimed to build the nation’s first (possibly) offshore wind farm, which will be located off the coast of Massachusetts. According to Peter Davidson who is the Director of the department’s loan program, Cap...
Jul 2, 2014
 
PacificCement Limiteds Branded Cement Project is a Great Success

A Fijian Holding Group company called Pacific Cement Limited also formerly known as Fiji Industries Limitedhas had its cement project labeled a success. For the past 12 years, Pacific Cement Limited has been designing and making cement for home brands, and customers select the brand.  Nonetheless, the company’soriginalbrand, ...
Jul 2, 2014
 
Chinese money rates climb to its three-month high

The central bank of China has restarted selling repurchase agreement in order to flow the funds from the financial system. This has led to setting a benchmark money-market rate to reach its highest level in the span of more than three months. The People’s Bank of China has sold USD 3.2 billion in a 28 day repos for a 4 percent, ac...
Jul 1, 2014
 
Chinese Govts Information Security Concerns Threatens Business of Foreign Tech Giants

The Chinese government’s concerns about information safety could have an adverse impact on software procurement from overseas vendors. Analysts say that this could likely dent the profitability of global majors such as Oracle, Adobe and Microsoft. Fears that the Chinese government could shun software have intensified after a report in the...
Jul 1, 2014
 
Strengthened Australian Dollar hit the manufacturing industry

As the Australian dollar strengthened and increased import competition and demand for locally-made products, the manufacturing industry is still struggling to its roots. The Australian Industry Group (Ai Group) said on Tuesday, that the Australian manufacturing has been facing a decline for consecutive eight months at a stretch.  ...
Jul 1, 2014
 
Brazils fight against dengue might soon be over

When Brazil was chosen to host the 2014 FIFA World Cup, it had more than infrastructure issues on its mind. The country - set to host to thousands of international visitors for a month - has always been dealing with the deadly dengue fever, recording more cases than any other country in the world. With nearly a million cases reported in a given...
Jul 1, 2014
 
OccidentalPetroleum (OXY) stands out in a strong industry

One of the most intriguing choices for investors in the stock market right now is the Occidental Petroleum Corporation (OXY, Analyst Report). The security in this U.S. oil space is witnessing solid earnings and is in good association from a Zack’s Industry Rank standpoint.  This point is extremely vital as often times the ind...
Jun 30, 2014
 
A new technique called supercooling to preserve organs discovered

US researchers are claiming that they have discovered a new technique which will allow them to preserve organs for many days before finally transplanting them. The technique is called ‘supercooling’. This technique collaborates chilling of the organs with pumping of nutrients and oxygen into the blood vessels of the organ. T...
Jun 30, 2014
 
Couple in the tyre firm retires and sets new era for industry

George Meakin and Billy Swinney a couple that have a well-established name and business named AlnwickTyresin the motor industry are celebrating their retirement phase as they wish their new owners all the success to carry out their business status henceforth. They have handed the keys over to the brothers George and Dave Meakin. The com...
Jun 27, 2014
 
Batteries from SunPower will provide power during night

The company SunPower Corporation (SPWR) is the second-largest solar manufacturer in U.S. It is now offering consumers in California with energy-storage systems that will help to power the house during the night. This electricity will be generated from the solar power during the day. Currently, the company is involved in testing systems ...
Jun 26, 2014
 
China to Allow Non- Carmakers to Manufacture Electric Vehicles?

China, a country battling with notorious level of air pollution, is considering a move that will allow companies that are not classified as car makers to manufacture electric vehicles. This recommendation, passed by the China Automotive Technology and Research Center, is still at the draft stage of the country’s automotive policy. As part...
Jun 26, 2014
 
Google Glass now available online in U.K.

Google recently launched their product ‘Google Glass’ in the United Kingdom, which made the country the second nation to receive the Android powered glasses after the US. The Google Glass kit is still a prototype. However, it costs around one thousand pounds and is targeted at developers, instead of customers who must be at ...
Jun 25, 2014
 
China FDA Issues Warning About Sale of Fake Cancer Drugs Online

The China Food and Drug Administration (CFDA) has issued a warning asking customers to refrain from purchasing illegally imported drugs for cancer cure. The agency said in a circular issued by it that most such drugs are fake, and could harm patients’ health. The CFDA found cancer drugs such as Iressa, that the sellers claimed to have imp...
Jun 25, 2014
 
Research is searching new and innovative ways to use silicon

Silicon is used for various purposes. It has been used for many decades to manufacture semiconductors. It is also used in manufacturing various other electronic gadgets. However, scientists are now coming up with more improved and innovative way to use silicon. An assistant professor, Dr. Michael A. Filler at the Georgia Tech’s Sc...
Jun 24, 2014
 
Indias Power Ministry Wants Solar Duties Reversed

The power ministry of India is lobbying to revoke a proposal that will see import duties being levied on solar equipment being imported from the U.S. and other Asian countries. Levying tariffs on these products would damage Indian Prime Minister Narendra Modi’s endeavors to give solar power a boost in the country. India’s...
Jun 24, 2014
 
A new health tracking wrist-band can assess health

Leaving the house for taking some lab tests could soon be thing of pasts, thanks to a new health-tracking band capable of providing at-home diagnosis of many health conditions.  This device can use a drop of nasal fluid, saliva or blood and provide simple diagnosis such as the testosterone levels, vitamin D levels, possibility of f...
Jun 24, 2014
 
Hartlepool nuclear power station offers study opportunities in the industry

A new study claimed that several youngsters feel negligent about studying subjects irrelevant to the nuclear industry.Hartlepool is leading the way in finding the nuclear workers for the coming years. However, Hartlepool is also making a way with an array of methods for teenagers to get involved.  The research indicates that around...
Jun 24, 2014
 
Azerbaijan-Russia business talks focuses on Agriculture, Industry

On the sidelines of the 5th Azerbaijan-Russia Interregional Forum in Gabala on June 23, Azerbaijani Economy and Industry Minister Shahin Mustafayev met the Russian Minister of Regional Development Igor Slyunyayev. According to Mustafayev, the Azerbaijan-Russia relations are successfully developing, reaching the level of strategic partne...
Jun 24, 2014
 
GE On Verge of Finalizing Alstom Offer worth USD 17 billion

General Electric Co. is inching closer to what could be its biggest acquisition to date, as it finalizes talks for a USD 17 billion deal with French company Alstom SA for its energy assets. The deal received a concrete boost after the managing board of Alstom approved the offer.  On Saturday, an agreement was announced by the compa...
Jun 23, 2014
 
The worlds most powerful supercomputer winner is China

Tianhe-2 tops the list of supercomputer chart in the world. This supercomputer is capable of managing around 33.86 petaflops. China boasts for the third time in a row about having the world’s most powerful supercomputer. The nation has one more time showed the its top presence in the global top 500. The supercomputer which gave Ch...
Jun 23, 2014
 
Environment in Focus

The research conducted in the dairy industry by the farmer levies will have a strong significance on environmentalfactors. The Dairy NZ has received a stronger backing for renewing the levies it collects from the industry for another six years.  Dairy NZ chief executive Tim Mackle said levy spending helps in pushing up profitabilit...
Jun 19, 2014
 
Chinas Pharma Glass Industry Needs to Consolidate for Higher Success

The Chinese pharmaceutical glass industry is characterized by low entry barriers. This has encouraged the influx of a number of small and medium players, leading to an overcapacity of low-end and medium-quality products. This has eventually caused the market to grow at a sluggish rate. The demand for high-quality, neutral and waterproof...
Jun 19, 2014
 
Indonesian palm reserves advanced to an eighth-month high

It is reported that the Indonesian palm reserves have climbed to its eight-month high in the month of May, while the shipments coming from the world’s largest producer ranked as second lowest since September in the year 2012. The stockpiles have expanded from 10 percent from the month of April and have now become 2.2 million metri...
Jun 18, 2014
 
Hexaware Presents iFraud Engine for insurance industry

Hexaware Technologies - an IT, BPO and consulting service provider worldwide has launched a detection system in the insurance industry. It is called as iFraudEngine for fraud detection. This system is highly effective as it enables early detection of fraud in the process of reducing the number of false claims payments to about 10 percen...
Jun 18, 2014
 
Farne rewarded Food Industry Oscar

Farne Salmon in Duns - a much famous joint for Scottish Borders based smoked salmon and fish businesscelebrates its scooping a trio of receiving a Gold and Silver Award in the Ready to Eat Fish category. It is scooping a trio of national product awards in the Grocer magazine’s Food and Drink Own Label Awards. Farne is known for it...
Jun 18, 2014
 
Stroke can be detected by microwave helmet

A prototype of microwave helmet has been developed by a team of scientists. This helmet can help spot if a person is going to have a stroke. When a person experiences a stroke, the health care practitioner has to work quickly to prevent any further brain damage. However, if it takes more than four hours to get to a hospital and start th...
Jun 17, 2014
 
UAE has its first batch of Nuclear Power Plant Trainees join them for Operational Concerns

A batch of 10 graduates has completed their specialized training programme in UAE, and will now join the Emirates Nuclear Energy Corporation (ENEC) to work full time as part of a team in the commercial operations in 2017.  This is the first group of graduates that have completed their training to oversee safety operations in UAE. ...
Jun 17, 2014
 
SanDisk to Pay USD 1.1 Billion to Buy Fusion-io

SanDisk Corp. has announced that it will purchase Fusion-io Inc. in a USD 1.1 billion deal. This will make SanDisk the owner of the company that provides flas memory to tech giants such as Apple Inc. and Facebook Inc. The deal is being executed via an all-cash offer, with the price per share being USD 11.25. This is 21% higher than the ...
Jun 17, 2014
 
Starbucks to offer tuition aid to its US employees

A job at Starbucks (at the US) can waive-off your college fees by more than USD 5000, according to the announcement of a new plan by Starbucks in collaboration with The Arizona State University.  The plan has been announced by Starbucks officials to help some of their staff afford their college fees. Arizona State University will h...
Jun 17, 2014
 
New Commercial Funds to be used for Property Expansion in China

The biggest bank in Switzerland UBS AG (UBSN) will be expanding its China’s property investment business by moving into commercial real estate. In the month of May, China’s home sales declined by 11 percent from the previous year. According to the National Statistics Bureau data, the value of real estate has declined to USD ...
Jun 16, 2014
 
Camesa - New Cable Product Intends To Clean-Up, Speed-Up Wireline Industry

Camesa - a WireCo WorldGroup brand has announced its new product called EcoSeal which happens to be the new environment-friendly wireline for the oil & gas industry. This product is showcased at the 2014 Global Petroleum Show in Canada.  This new cable rejects the need for grease injection systems and fastens up the rig-up time...
Jun 16, 2014
 
Changes to safety checks in Slaughterhouses could leave diseased meat undetected

A measure being inducted for avoiding risk of spread of harmful bacteria through human touch in meat could prove harmful in another way, cite hygiene inspectors.  Earlier, hygiene inspectors were allowed to cut open pig carcasses to closely examine it for any sign of disease. But now, new European regulations, supported by the Food...
Jun 16, 2014
 
Inflation in China hits its four-month high

Official data shows that China’s annual inflation has rose sharply in the month of May. It is the highest data recorded in four months. China’s is the world second-biggest economy and rising inflation in the country has become a cause of concern not only for China, but also for the world. The Consumer Price Index ...
Jun 12, 2014
 
Red meat increases risk of breast cancer says a U.S. study

Studies earlier have proved that eating red meat in large quantities increases the risk of bowel cancer, however, a new U.S. study states that eating red meat is linked to breast cancer. Researchers are advising women to replace red meat with vegetables, poultry, fish, and nuts to reduce risk of breast cancer. But, U.K. health experts u...
Jun 12, 2014
 
1 out of 4 Americans diabetics dont know they have the condition

In U.S. the number of people affected with diabetes is rising continuously and now there are more than 29 million adults who are living with this condition. However, out of 4 people affected with diabetics only 1 is aware of his/her condition. Diabetes is a serious chronic medical condition which can be managed through lifestyle changes...
Jun 12, 2014
 
Huge solar flares observed by NASA

Cameras from NASA have captured pictures of two significant solar flares. Solar flares are bursts of powerful radiation which release plasma, gases, and other matter into the solar system. According to NASA, destructive radiation coming from a flare cannot pass through the atmosphere of the Earth and since cannot harm humans. However, i...
Jun 12, 2014
 
Watercress could be the king of superfoods

According to a recent report watercress could be the best healthy food available to us. Currently, the awareness for ‘healthy eating’ is growing. Consumers are focusing on organic and healthy foods. There are many superfoods available in the market. Some of these superfoods include blueberries, acai berries, yogurt, kiwis, n...
Jun 11, 2014
 
NZ Dairy Giant Fonterra Launches Dairy Hub in China

Over the past few months, thousands of dairy cows from Australia and New Zealand continue to be shipped into China. These bovines will form a part of a mega network of dairy farms being set up with the aim of producing a whopping one billion liters of fresh milk annually by 2020. According to reports in the local media, Fonterra has launched a ...
Jun 11, 2014
 
Bitcoins Mined Using US National Agency illegally

A researcher working for the U.S. national agency has been found using supercomputers to extract bitcoins at two universities. Bitcoin is a digital currency which is used to perform transactions without having to use a central bank. Bitcoin was created in 2009 by an unknown person using the alias of Satoshi Nakamoto. The growing popular...
Jun 10, 2014
 
HP Introduces a new Cooling Technology: Water

Hewlett-Packard Co. has announced a new cool technology called ‘water’ that they will be introducing. This technology will be used for its powerful computing machines which run financial models and are used to create complex designs.  The innovation of water is nothing like technology which is available on the market wa...
Jun 10, 2014
 
Old Computers are Valuable in Christianburg, as they have Gold inside

A property owner in the Carroll County repaid the federal government an amount worth $150,000 as a part of the hazardous waste cleanup that involved old computers and nitric acid.  The government in turn commented that it was a former tenant that caused the problem; however, it was the gold in the computers that caught WDBJ7 New Ri...
Jun 10, 2014
 
Auto Sector to witness TPO growth

According to the statistics, the global market for the thermoplastic polyolefins could reach $3.43 billion by 2020, said a research firm. Growth in the automotive and construction sectors in emerging markets in Asia, particularly China and India are expected to boost the TPO surge, said San Francisco-based Grand View Research Inc. Accor...
Jun 10, 2014
 
U.S. Government decides to use Samsung Smartphones, tablets: says, Market Reports

Over the past years, there have been leaping advancements made in the field of technology and mobile phones. While many reports have been hinting at the growing tension and popularity between the U.S. and China, the U.S. government agencies have undertaken huge steps in the field of mobile phones. These agencies have approved five Samsung Smart...
Jun 9, 2014
 
A Study on Advanced Gastric Cancer Cure by Medical Oncologists in China Wins American Award

Chinese doctors who won for their new study on the treatment of advanced gastric cancer presented a program based on the same at the American Society of Clinical Oncology (ASCO) in Illinois.  The American Society of Clinical Oncology decided to have the study as this year’s best recipient of the Excellent Paper award, as well...
Jun 9, 2014
 
Penang sees fewer jobs for construction, renovation industry

The construction and renovation jobs in George Town, Penang are fewer for the current year. As compared with 2013, the jobs upheld in 2014 are very little. Last year, around 412 projects were valued at RM8.9bil, comprising 358 private sector projects and 54 government projects in Penang.   According to the Penang Master Builders an...
Jun 9, 2014
 
McDonalds Slump in the U.S. Offset by Buoyant Asia Figures

The world’s largest fast food seller McDonald’s Corp has reported a 0.9% increase in sales in May from stores that were open for at least 13 months. This growth is being attributed to higher sales in Asia, despite the slump in the U.S. market continuing. Analysts had estimated an increase of about 0.8% based on an average of 15 esti...
Jun 9, 2014
 
Alibaba invests in Chinas top soccer team

Alibaba Group Holding Limited has agreed to buy 50 percent stake in China’s Football Club (Guangzhou Evergrande). This football club is one of the most popular one in China and won the Asia championship last year. This deal was announced after Alibaba recently declared their deals in sectors such as entertainment, finance,...
Jun 6, 2014
 
Chinas Mountain-Leveling Project Poses Risks

To accommodate the growing economy of China, many mountains are being flattened for land to build on. China is the world’s most populated country and the fastest-growing major economy. As China’s cities expand at a rapid pace, projects which involve flattening of mountains to create livable space for people are in progress. ...
Jun 6, 2014
 
India Likely to Remove Restrictions for Global Investors in Retail

Starting July 2014, global online retailers could be allowed to sell their own products in India. The country is said to be on the verge of a decision to remove restrictions that have hitherto inhibited competition in its massive price-sensitive retail sector. According those close to the discussions, the decision could be announced in the fort...
Jun 5, 2014
 
As Brazil-China Ties Strengthen, Banco do Brasil Launches First Branch in Shanghai

Ties between China and Brazil are strengthening, and this reflects in the number of business deals being signed by both countries. The latest on this front is financial sector major Banco do Brasil making its debut in the world’s second largest economy. The financial institution, which is the largest in Latin America and Brazil, launched ...
Jun 5, 2014
 
A Popular Diabetes Drug Found to Have Anti-Ageing Properties, Says a New Study

In a research conducted on tiny roundworms of the Caenorhabditis elegans species by a group of doctoral researchers from Belgium, evidences were found suggesting that a diabetic medicine, metformin, could help in slowing down the process of ageing.   The extremely short lifespan of Caenorhabditis elegans of only three weeks makes t...
Jun 5, 2014
 
Japans Dai-ichi to Acquire American Peer Protective Life in USD 5.7 billion deal

Japan-based Dai-ichi Life Insurance Co. announced this week that its talks for the purchase of American peer Protective Life have reached a consensus. Dai-ichi will buy the latter in a USD 5.7 billion deal. This marks the largest ever acquisition by a Japanese insurer. Dai-ichi has been aggressively working on strategies to mitigate the impact ...
Jun 4, 2014
 
Scientists Successfully Use Lasers to Form and Erase Memories

Selectively erasing or implanting memory from the human brain might sound like an idea straight out of a sci-fi film such as ‘Total Recall’. But this reel idea is not longer just that. Scientists have reported success in memory manipulation with the use of laser beams. This allows them to not just selectively implant or restore m...
Jun 4, 2014
 
China to Allow Participation from Private Enterprises in its Military Equipment Sector

The defense sector is among the most critical for any country, and in the case of the world’s second largest economy China, this sector enjoys singular importance. China now plans to open up its defense sector to private players to attract more investment and technology exchange. The country will begin this process by relaxing the many ac...
Jun 4, 2014
 
Chinas Quality Watchdog Orders Recall of Nikon Cameras with Defective Batteries

Owners of Nikon cameras in the Chinese mainland might want to read this news report. Nikon Imaging (China) Sales Co Ltd on Tuesday issued a statement recalling four of its camera models that were sold in mainland China. However, this recall only applies to those camera models that were sold between June and October 2005. These camera models had...
Jun 4, 2014
 
China Hongqiao to buy African bauxite deposits for USD 120 million

According to aastocks.com, China’s largest, non-state aluminum producer China Hongqiao Group Limited (1378) has agreed on buying a company in Africa for USD 120 million that produces bauxite deposits. Indonesia is the largest economy in Southeast Asia. In January, it banned exports of any unprocessed ore. This led companies such a...
Jun 4, 2014
 
Apple to soon introduce virtual currency in app store

Apple will soon start accepting virtual currencies like Bitcoin in its App Store. Earlier, many apps that used virtual cash were available in Apple's app store. However, in late 2013 and early 2014 Apple removed many such apps. On the contrary, Google has followed a more open policy and has allowed many Android apps which support virtua...
Jun 4, 2014
 
Opioid and Heroin drug industry targets high-school kids, drug expert says

Misuse and abuse of certain types of drugs often starts in adolescence, says SUNY Upstate Medical Center addiction specialist and expert Dr. Brian Johnson.The abuse of heroin and opioids is amongst the most commonly addictive drugs consumed by youth and adults. The illegal drug industries begin targeting the middle school going kids, so that b...
May 20, 2014
 
Indian Consumers Increasingly Moving from Traditional Sweets to Chocolate

Consumers in India are showing an increasing inclination towards chocolate as opposed to traditional Indian confectionery that’s high in calories. There are several reasons for this – the most prominent being increasing urbanization and a higher disposable income. Moreover, many traditional confectioneries are regarded as being high...
May 15, 2014
 
Construction of Beijings Second International Airport to Complete by 2018

Beijing is all set to welcome its new airport sometime near the end of 2018 in the outskirts of the city to manage the ever-increasing congestion on its air travel route, currently noted to be the second busiest air-routes throughout the world.  The new airport, planned to open till end of 2018, is to have four runways in the first...
May 14, 2014
 
Delphi Corp has Eyes Set on Fourfold Business Growth in China

Delphi Corp has its sight set on aggressive growth figures in China, and plans to increase its business fourfold in the world’s second-biggest economy by the 2020 from its revenue figures of USD 2.28 billion in 2012. The American automotive parts manufacturer is confident about its business prospects in China, it announced during an event...
May 12, 2014
 
ASA Says It Could Build Greenhouses on Martian Surface by 2021

A greenhouse on the Martian surface will no longer be the stuff fiction is made of. The National Aeronautics and Space Administration (NASA) announced recently that has plans of setting up a greenhouse on the planet by 2021. NASA predicts that in the coming years, as humans begin to colonize Mars and the moon, there will be a need ...
May 8, 2014
 
India a Top Priority for the Chinese Textile Machinery Industry

India is a top priority for Chinese manufacturers of textile machinery. According to an official from the China Textile Machinery Association (CTMA), India remains a priority market owing to its burgeoning textile sector. The official, interacting with media on the sidelines of a road show that was conducted to promote an industry convention IT...
May 5, 2014
 
Saudi Arabia Oilfield Chemicals Market Has The Highest Share In Drilling Fluid Chemicals

Due to high drilling activities or rig counts seen across the grand Kingdom of Saudi Arabia, the drilling fluid chemicals accounts for the highest share in the country. This is seen according to a new study titled as ‘Saudi Arabia Oilfield Chemicals Market Forecast and Opportunities, 2019”  Today, Saudi Arabia has the h...
Apr 29, 2014
 
China Amends its Environmental Protection Act after 25 years

On this Thursday, April 24, China brought the first amendment to its environment protection law, first time after nearly 25 years. The new improvements in the law seek to toughen the lawful penalties on polluters in the country – an act that is called by the Chinese government as its “war” against pollution.  The ...
Apr 25, 2014
 
Yum! Brands Inc., Reports Higher China Profits Amid Revival in Chinese Consumer Buying

If the revived profit margins of Yum! Brands Inc. in China are any indication it seems that consumers in China are showing an interest in KFC fried chicken again. The brand also runs the Taco Bell chain of restaurants in the country. According to the company, its first-quarter profits in China saw an 18% rebound. Stores that have been operation...
Apr 23, 2014
 
A third of van fleets pay more for tyres

According to ATS Euromaster, the LCV tyres are not supposed to be considered a low cost option because the operational tyre costs of a modern van fleet are no longer far-flung as compared to that of a fleet of trucks. It has been observed that a third of van fleet operators do not have an official formal tyre policy in the market and th...
Apr 22, 2014
 
Novartis to Buy Cancer-drug Business from GSK and Sell Animal-Healthcare Division to Eli Lilly and Co.

Global pharmaceutical company Novartis has decided to buy GlaxoSmithKline’s cancer-drug business for as much as $16 billion and trade its vaccine business, excluding the flu operations, in return for $7.1 billion. The deal also includes royalties worth as much as $1.8 billion on reaching certain business goals.  Novartis will...
Apr 22, 2014
 
Device Based On Resonant Magnetic Coupling Transfers Power at 5-Meter Distance

Researchers have developed a wireless charging device that can simultaneously charge as many as 40 phones even when the device is 5 meters away.  This impressive device is all thanks to professor Chun T. Rim of the Nuclear and Quantum Engineering and his team at KAIST, Daejeon, Korea, who demonstrated through this study a vital imp...
Apr 19, 2014
 
Mysterious Ahead-of-Time Bloom in Cherry Trees from Space Stun All

Some mysterious cherry trees have blossomed years ahead of their estimated scheduled time of blossom in Japan.  The phenomenon is noteworthy not only for botanists but also for space researchers – the seeds from which these trees have grown have had their share of lifetime in space.  In the year 2008, Japanese sc...
Apr 15, 2014
 
Check Your Babys Genetic Make-Up Even before its Conceived

Parents can now get to see a glimpse of their baby’s physical characteristics and health even before it is conceived – all thanks to a new technology that can produce digital images of embryos by virtually mixing the DNA’s of two people.  This new technology, called Matchright, can help people in screening out spe...
Apr 14, 2014
 
Easter Trends for 2014 Released by the National Confectioners Association

With Easter just around the corner, get set to indulge your sweet tooth to the maximum. The Easter bunny brings with him a whole load of goodies and this also translates into a high-sales period for confectioners all across the world.  In view of this, the National Confectioner’s Association has released a report that offers ...
Apr 10, 2014
 
Study Establishes Green Tea Boosts Cognitive Function

Researchers have found evidence through a new study that drinking green tea boosts cognitive functions among humans in general, and working memory in general. In the new study, researchers working with Professor Christoph Beglinger at the University Hospital of Basel and with Professor Stefan Borgwardt at the Psychiatric University Clin...
Apr 7, 2014
 
Exxon Says Climate Change Risk will Pose no Significant Risk to its Assets

Exxon Mobil Corp., the largest oil company to be publically traded stated on Monday that it expected climate change risks to have a minimum impact on its reserves of oil and gas. This was because these resources would be required to meet the demand for energy; a demand that is only expected to grow in the years to come.  The company was...
Apr 2, 2014
 
Heidi Heitkamps Bill on Clean Coal Received Mixed Reactions From the Industry Representatives

The U.S. Sen. Heidi Heitkamp’s bill in clean coal technology fails to get the support of a key industry trade group. However, she managed to get only tepid support from the group which she used as a back drop to announce it in public.  According to a white paper regarding the legislation posted on the North Dakota Democrat&rs...
Apr 2, 2014
 
West Michigan Students Compete in a Manufacturing Activity Involving Video Challenging

West Michigan students are all set to compete in a video challenge that highlights the potential of manufacturing industry. These are the high school students from Forest Hills, Rockford, Careerline Tech and Kenowa Hills that are receiving their first-hand look inside the happenings of manufacturing industry. This is apparently taking place thr...
Mar 28, 2014
 
Opportunities for Machine Manufacturers Abound in Chinas Booming Natural Gas Industry

The burgeoning natural gas industry in China, coupled with tightening regulations for environment protection have collectively created a number of opportunities for global manufacturers of machinery. Many of these players in the machinery manufacturing sector are looking for new avenues to mitigate the damages caused by an economic slowdown ...
Mar 27, 2014
 
Indian Market for Baby Products Set to Witness Boom

India’s baby products market has been witnessing a compounded annual growth rate of 17% since 2010. Now, this figure is expected to scale higher with market analysts expecting the baby products market in India to grow at a higher CAGR in the years to come. Much of this growth will likely come from the entry of foreign brands that are set ...
Mar 24, 2014
 
Rate in Recall of Medical Devices Increased Sharply in a Decade

A recent study has shown that the rate of recall of medical devices, things that are expected to have zero errors for obvious reasons, have increased to almost double of their rate of recall in the decade from 2003 to 2012. The report was published by the Food and Drug Administration bureau of the U.S.  Recall of a product refers t...
Mar 21, 2014
 
Chicago has its own Space for Clean Technology Company Collaboration Opened by Coalition and Energy Foundry

According to the Vice President of Energy Foundry,Jeremy Adelmen, “Clean tech” company is one that utilizes technology in order to achieve lower environmental impact and higher energy efficiency. Today, there are about 15 co-working companies based in Chicago and across from Chicago’s Millennium Park the new co-working...
Mar 19, 2014
 
Oil Deals Surging Again with Multimillion Dollar Deals

Merger and acquisition activity in the oil segment seems to have picked up again after a recent lull. Among the most notable financings and acquisitions is the announcement by Whitecap Resources Inc to buy Imperial Oil Ltd’s gas properties and Western Canadian oil. The former is spending as much as USD 855 million to see these deals throu...
Mar 18, 2014
 
World Bank Officials Discuss Educational Sector Challenges in Arab States

Officials from the World Bank recently held a roundtable discussion to dwell on the challenges that face the education sector in Arab countries, and to find ways to bring about an education reform here. The media roundtable also shared a governance report that focused on ways to deliver social services. The regional research by the World Bank w...
Mar 13, 2014
 
FDA Allows Marketing of a First-of-its Kind Device To Stop Migraines

The Food and Drug Administration of America has today allowed marketing of the first medical device that can act as a preventive measure against migraine headaches.  Cefaly, as it is named, is a plastic headband like device that can be directly worn right on the centre of forehead with its self adhesive electrode. After connecting ...
Mar 12, 2014
 
U.S.-Based Chemical Co. FMC Corp to Split Business into Two Companies

FMC Corp, the American chemical manufacturing company has said that it plans to split its business into two separate companies. While one company would comprise its minerals business, the other would focus on its health, agriculture, and nutrition businesses.  This caused an 8% spike in the shares of FMC, taking them to a value of ...
Mar 11, 2014
 
Office Supplies Giant Staples to Shutter 225 Stores

Staples, a global leader in office supplies has recorded a higher volume of sales through its online stores. In view of these changing dynamics, the company plans to shut as many as 225 stores by the end of 2015 in North America. With this, the company projects that it will be able to cut costs to the tune of USD 500 million annually.  ...
Mar 10, 2014
 
A Bockfest to Showcase 12 traditional Varieties of Bock in Downtown, Madison

For lager and bock fans, there’s a new reason to rejoice this winter. The Great Dane Pub & Brewing Co, a Madison-based brewing company is all set to tap 12 different varieties of bock, along with two other German beers, in a Bockfest at its Downtown outlet this Saturday.  The Bockfest will be a ticketed, unlimited samplin...
Mar 5, 2014
 
Apple-run cars - New Launch in Mobile Devices

Technology giants brace up to launch in-car operating system with Mercedes-Benz, Ferrari, and Volvo. Earlier, only mobile phones had revolutionized and personalized communication equipment, however now even cars do. Apple in that context wants to change the way we drive the entire industry of communications.  The technology giant i...
Mar 4, 2014
 
MIT Researchers Discover Sapwood can Filter 99% E.coli from Water

A team of mechanical engineers from the Massachusetts Institute of Technology (MIT) have found a novel way to filter drinking water using sapwood taken from a tree branch. The study found that it was possible to filter up to 99% of E.coli from water that can be used for drinking. If developed and implemented practically, this method could prove...
Feb 28, 2014
 
Global Firms Looking to Enter Chinas Electric Cars Market

      Chinese companies and other global players are showing an increasing interest in fulfilling China’s electric vehicle ambitions. China has not been too successful thus far in promoting electric cars to the fullest and realizing the full potential of this market.  But this could soon change with two Chi...
Feb 27, 2014
 
Mark Zuckerberg, founder of Facebook plans to 'connect the world'

Mark Zuckerberg, the founder of the social networking giant – Facebook set his mission to connect the world together. He spoke at the ongoing Mobile World Congress (MWC) in Barcelona, Spain where he told the entire world his plans to bring Internet access and company’s social network together on a single platform.  Face...
Feb 25, 2014
 
China to Renew Assistance for Small Cultural Businesses

China’s minister of culture Cai Wu has said that the country stands committed to investing in and encouraging the growth of smaller companies that operate within China’s cultural sector. As part of these encouraging initiatives, the ministry would draft policies that are especially aimed at creating a favorable business pla...
Feb 25, 2014
 
Honda Cars India Launches its second Production Facility in Rajasthan's Alwar District

In a bid to stay on track to achieving its target of selling at least 3 lakh cars in the Indian market by the year 2016-17, Honda cars announced the inauguration of its second manufacturing unit in the Alwar district of Rajasthan. The setting up of this new manufacturing facility will help Honda double its production capacity and bring down the...
Feb 24, 2014
 
Microsoft Considers Cheaper Mobile Phones to Achieve Global Internet Growth

As the new CEO of Microsoft Corp Satya Nadella takes charge of the reins, he is accelerating the company’s push into the mobile software arena. To achieve this, the company is forging a partnership with various hardware and software manufacturers as well as Qualcomm in a bid to develop phones with a lighter price tag targeted especially a...
Feb 24, 2014
 
Marks & Spencer Targets Online Growth via Its Food Stores

Marks and Spencer, the largest clothing retailer in Britain is positive about the role that its growing food store network will play in boosting online sales of its home wares and apparel. The retailer, headquartered in London, has observed that delivery to those stores where customers order online and pick up those items the following day has ...
Feb 20, 2014
 
Company Behind Candy Crush Seeks IPO to Cash In on Popularity

Candy Crush is the most popular mobile game in recent public memory, and it has captivated the attention of millions of players worldwide. The company launched the puzzled game in April 2012, and since then it has witnessed users playing the game and striving to achieve best scores and comparing them on online media from people the world over. ...
Feb 19, 2014
 
Coca-Cola Registers 8.5% Decline in Profits, Attributes it to Weak Overseas Sales

Obesity is taking its toll, and consumers are making a notable change in the beverages they consume. These changes are reflecting on the sales of cola giant Coca-Cola, with the company recording an 8% slide in its fourth quarter profits. Analysts said that these lower figures could be a result of consumers being wary of consuming soda. ...
Feb 19, 2014
 
U.S. FDA to Conduct Quality Awareness Workshops for Indian Pharma Companies

In the wake of the recent discussions pertaining to the Toansa unit of Ranbaxy, the U.S. Food and Drug Administration has been prompted to conduct awareness workshops across various locations in India. These workshops are being conducted with the aim of spreading awareness pertaining to the quality benchmarks required in the U.S. market, among ...
Feb 17, 2014
 
Wellington Airport Proposed up in the Northern Hills

According to Greater Wellington Regional Council chairwoman Fran Wilde, a proposal has been undertaken to relocate the Wellington Airport to the hills of the North of Newlands. Even Richard Burrell, the property investor of Wellington airport believes that the site/farmlands of North of Newlands make a better site for Wellington Airport.  ...
Feb 10, 2014
 
Darpa Studying Brain Implants to Reverse Combat Memory Loss

The American defense sector is currently studying the development of probes that can be implanted with a view to reversing memory loss resulting from brain injury. The project that is still in its early stages has been initiated with the goal of treating over 280,000 troops that have been afflicted by brain injuries since the year 2000....
Feb 7, 2014
 
Great Barrier Reef Is At A Major Risk From Its Coal Development Plan

Many environmentalists in Australia angrily reacted to the decision of the dredged sediments dumped near the Great Barrier Reef. Conservationists stressed on the fact that the dumping activities could damage the overall site’s fragile ecosystem, risking and poisoning all the marine and coral life in danger. This project i...
Feb 3, 2014
 
Foreign Investment in India Since 2000 is USD 307 Billion

According to the Indian Commerce and Industry Ministry, the country has received foreign investments to the tune of USD 306.88 billion. These investments have been a result of liberalization measures that were implemented to open up the Indian economy over two decades ago. Investments have been seen in various sectors including but not limited ...
Jan 31, 2014
 
Agusta Westland Bags Two Contracts Worth USD 1.24 Billion from Britain's Ministry of Defense

Finmeccanica’s helicopter unit AgustaWestland has announced that it has bagged two prestigious contracts from the Ministry of Defense in Britain. The Italian defense company said that the contracts, together, are estimated to be around USD1.24 billion.    Among these, one contract pertains to converting for maritime ...
Jan 29, 2014
 
China Eastern Airlines Signs MoU with Disney Destinations International

  A memorandum of understanding between Disney Destinations International and China Eastern Airlines Corp Ltd was signed on Friday to promote the business of these entities in China's burgeoning tourism market.   As part of this newly signed memorandum of understanding, the focus will remain on three key areas. These include:...
Jan 28, 2014
 
No New Business in Store for Semiconductor Industry: Says Panasonic

Responding to the media reports, the massive Japanese consumer electronics corporation Panasonic Corp. announced that it has not decided or planned anything new for the semiconductor business even though it has a few of its plans lying in the pipeline, and even though it has been studying various plans for the strategy of its future business.&n...
Jan 27, 2014
 
FICCI Recommends Textile Industry Boost

FICCI has requested certain textile industry and labor reforms to stay under the lowest slab of the GST in the quest to boost the country’s clothing and textile industry. This way, India’s share will rise amongst the world exports.  All these recommendations have been proposed to the National Manufacturing Competitivene...
Jan 16, 2014
 
Semiconductor Industry witnesses Shift in Capacity Equipment and Spending Trends, Says SEMI

According to SEMI, the trend in spending more money to upgrade the already existing facilities and electronic equipment is higher than the trend of investing in new additions. The new additions occur at a slower pace.  Today, spending trends in the semiconductor industry has changed. Earlier, in 2009, the capacity of expansion corr...
Jan 15, 2014
 
Pioneers renewal of contract with Ecopetrol - Colombias largest oil company

  The San Antonio-based Pioneer Energy Services has renewed its contract with the Columbian oil company called Ecopetrol for its drilling activities. The renewal of the contract is for all the eight of the drilling rigs in South America.     According to the drilling-services company, Pioneer was previously in charge of ...
Jan 14, 2014
 
Seagram Coolers and Ciders Signs Sponsorship Agreement With the Tiger-Cats

The Brick Brewing Co. Limited globally announced about their exciting new sponsorship bond between their brand Seagram and the Hamilton Tiger-Cats Football Club. This sponsorship has allowed the Seagram to take rights in the spirit-based cider and cooler category for the next three years. It would be mostly available at the private boxes, conce...
Jan 13, 2014
 
Housewares Event claims sold-out status

The owner and operator of the International Housewares Association reported that the 2014 International Home + Housewares Show was completely sold out in less than 10 weeks before the actual opening day of the show. The show is expected to begin on March 15 at 10 a.m. on Saturday, and close on March 18 at 3 p.m. on Tuesday.  Howeve...
Jan 9, 2014
 
CAG Convinces HC to Audit Accounts of Private Telecom Companies

The Delhi High Court has given an official permission to the comptroller and auditor general (CAG) to audit the accounts of all private telecom companies.  CAG takes pride in receiving this nod from the HC as its most crucial assignment to audit power distribution companies from the famous Arvind Kejriwal led Delhi government. &nbs...
Jan 7, 2014
 
UCLA Researchers Demonstrate Light-Emitting Polymers that stretch out like Rubber

Today, stretchable electronic is an upcoming and the most emerging course of modern electronic materials. As its name suggests, stretchable electronics can bend and stretch in any form, and can be used in a wide range of electronic applications such as smart skins, wearable electronics, and biomedical devices that function with the movement of ...
Jan 3, 2014
 
Perth-Based Aurora Plans 47% Production Lift in US Shale

In an effort to realize a 47% spike in the output from its US shale assets, Aurora Oil and Gas has announced a commitment of up to USD 495 million in 2014. The company that features on Australia’s list of top 100 is looking to aggressively draw better production from its American assets.  Aurora Oil and Gas has forecast t...
Jan 3, 2014
 
Spanish Textile Industry Price Rises 0.8% in November 13

November 2013, recorded a 0.8 percent rise in the Industrial Price Index (IPRI) for the Spanish textiles. This was recorded according to the data released by the National Statistics Institute (INE). The IRPI that was registered in the month of November is little higher than the IPRI recorded in October, 2013.   According to the dat...
Jan 2, 2014
 
Indian Airports Take on Solar Energy Plants

India has announced that airports in the country will be increasingly looking to solar power. The Delhi International Airport Ltd (DIAL) last week announced about its set up of the 2.14 MW solar power plant in the country. Similarly, the Cochin International Airport Ltd (CIAL) also talked about its 1 MW plant in the south.  Nonethe...
Dec 28, 2013
 
Stem Cell Therapy Could Help Repair Dead Heart Muscle and Reverse Damage

The medical fraternity has thus far considered the regeneration of dead heart muscle an impossible feat. However, this view could soon change with a new breakthrough in stem cell therapy that holds the potential to regenerate dead muscles of the heart. This therapy from Los Angeles-based biotech company Capricor is currently being tested at Scr...
Dec 27, 2013
 
Age Reversal Chemical Developed by Team of American & Australian Scientists

A team of scientists that had been conducting animal trials of a new age-reversing chemical compound has had a breakthrough with positive results emerging from the tests. The scientists-from Australia and America-are positive about the potency of this drug, and are now preparing for human trials of the chemical compound.  The drug ...
Dec 26, 2013
 
Coty Inc Signs JV with Two UAE-Based Companies to Expand Footprint in the Region

Coty Inc., a U.S.-based cosmetics and personal care brand has decided to expand its foot print in the Middle East. Toward this end, the company has formed a joint venture called Coty Distribution Emirates in partnership with two UAE-based distributors of luxury goods. The partnership will see Coty forming a strategic alliance with Chalhoub Grou...
Dec 24, 2013
 
Consideration Towards a Water-based Chemicals Industry

The human activity makes a huge impact on the environment. The chemicals industry in particular is singled out for being associated with generation of large quantities of toxic waste products and high energy consumption.    Therefore, as the chemical production continues to grow in the industry, both the economic and environmental ...
Dec 23, 2013
 
Indians prefer holidaying abroad in the season of Christmas: IBM Study

According to the analysis by IT major IBM, Indian consumers keenly prefer to spend their leisure holidays abroad this Christmas season. The analysis was majorly conducted on to consumer interests and enthusiasts for spending their pleasure holidays abroad.  According to the IBM analysis report, the travel and hospitality sectors were tr...
Dec 20, 2013
 
LightPath Technologies Inc. announced its second high volume manufacturing facility in China.

LightPath Technologies Inc., - a global manufacturer, integrator, and distributor of proprietary optical components announced LightPath Optical Instrumentation (Zhenjiang) Co. Ltd., (LOIZ) its second operating entity in China.  LOIZ is a newly-owned and formed subsidiary situated in Zhenjiang, found in the Jiangsu province of China.&nbs...
Dec 19, 2013
 
Cocoa Prices Could Skyrocket in 2014 on Supply Deficit

The demand for confectionaries and cocoa products might be witnessing a surge in view of the festive season; but the good tidings might just end with the festivities. Rabobank, a Dutch financial services and analytics firm has forecast that 2014 will see the third consecutive deficit in cocoa production causing prices to spike. The analysis ...
Dec 17, 2013
 
China Imposes Biggest Ever Ban on Shellfish from the U.S. West Coast

In a move that will prove to be a major blow to the United States’ Northwest industry, China has put a stop to the import of shellfish from the west coast. This unprecedented decision will heavily affect the $ 270 million industry in the Northwest. China said that its government inspectors detected higher than acceptable levels of arse...
Dec 17, 2013
 
Anti-riot, Cyber, Special Forces emerging as niche fields in the markets of Turkey

Turkey’s local defense companies are on the brink of witnessing a near-boom in peculiar and specialized industries in the near-future. Hurriyetdailynews reported that Turkey and its foreign partners may expand in cyber technologies, anti-riot equipment, and a variety of defense gears and mechanisms for the country’s industrial force...
Dec 16, 2013
 
U.N. Study Estimates that we Dumped 53.9 Million Tons of E-Waste Last Year

Electrical and electronic waste (e-waste) is creating one of the biggest pollution hazards globally. These fears reflect in a study carried out by the United Nations (UN) where it states that approximately 53.9 million tons of e-waste was generated worldwide last year. This mass dumping of e-waste is likely to have grave implications on the env...
Dec 16, 2013
 
The Boom in Energy Industry

Fortunately, a cool temperament was maintained within the Congress of Nevada that helped the working families to save and come to a sane understanding in terms of utility bills. Otherwise, today, the families would have been levied with excessive payments and much higher prices at the pump and on their house utility bills.  It is due to...
Dec 12, 2013
 
Accelrys Acquisition on Qumas - a US$50m Firm of Compliance and Quality Management

The famous and leading cork cloud-based quality management software firm Qumas has been taken over by Accelrys Inc. This is a deal valued at US$50m. Accelrys and its wide range of customers will benefit from this acquisition due to the scientific innovation development which includes improving the quality management, compliance effectiv...
Dec 11, 2013
 
Experts Recommendations to Curb Cancer

Many new recommendations and strategies are devised in the concern of the rising threat of cancer. According to these recommendations, the key factors that lead to cancer include tobacco consumption. Tobacco disease or cancer standalone causes 40 percent of all types of cancer such as oesophagus, larynx, lung, throat, mouth, bladder, kidney, st...
Dec 6, 2013
 
Chief of Wipro, Aziz Premji may buy an additional 5% Stake in JM Financial

The new buzz word in the market talks about Aziz Premji – the billionaire of the multinational company Wipro who plans on buying additional 5% stake in the company. As JM Financial waits for the RBI view on the bank license, along with Premji, former Citibank chief Vikram Pandit is also one of the key investor in this banking pursuit.&nbs...
Dec 5, 2013
 
Nomura Holdings to Offer Salary Hikes to 4k Domestic Employees

With the Japanese Prime Minister urging companies to help the government combat the current deflation that is plaguing the economy, Japan’s leading brokerage firm Nomura Holdings Inc. has announced a salary raise for approximately 4,000 domestic staff members. The appeal for remedying deflation and sustaining economic recovery was recentl...
Nov 29, 2013
 
Costa Ricas Dos Pinos Cooperative to Export 100 Dairy Product Containers A Month to China by 2014

Costa Rica's Dos Pinos cooperative is all set to export as many as 100 containers of dairy products a month to China by 2014. This is being considered as one of the biggest export opportunities for the country, after it successfully reached compliance of sanitary protocols that are mandatory for export to China. In its capacity as the country's...
Nov 28, 2013
 
Siemens industry automation selected Atmel Corp’s maXTouch controller for Simatic

The Atmel Corp announced that Siemens industry automation selected its maXTouch controller to power the touchscreen for Siemens’ model Simatic industrial flat panel.  Atmel’s maXTouch model called as mXT1664S meets every stringent industrial requirement. These controllers deliver high touch performance even in the most drast...
Nov 28, 2013
 
Weatherford to Pay $253 million to U.S. Govt. For Flouting Sanctions

Oil and gas service firm Weatherford International has been fined over $253 million to the U.S. government towards the settlement of various charges that include breaking government sanctions against Syria and Iran and offering junkets and free holidays to business partners and their relatives. Weatherford was indicted for selling gas a...
Nov 27, 2013
 
Alchemy Systems Launches New Courses for Frozen and Vegetarian Food Companies

Alchemy Systems - the universal leader of creative and innovative technologies and services released a new house of courses especially for frozen and vegetarian food products. The Workplace Safety and Food Safety prospectus exhibits the market-specific needs and requirements distinct to different companies dealing with frozen foods and vegetari...
Nov 26, 2013
 
Rutherford Cancer Genetics Receives a Patent for Kidney Cancer Diagnosis

Rutherford-based Cancer Genetics Inc. grants a patent for the kidney cancer diagnosis. This is known to be the sixth leading type of cancer found among men in the United States. The acclaimed patent covers a host of Cancer Genetics probes that employ patent methods to test, detect, and/or differentiate several forms of kidney cancer. Th...
Nov 25, 2013
 
U.S. Job Openings Reached Five-Year Peak in September 2013

These reports could bring about some much-needed good news to the U.S. jobs market ahead of the impending festive season. According to data furnished by the Labor Department in Washington, job openings in the United States reached a five-year peak in September 2013. This aspect also indicates that employers had confidence in demand even in the ...
Nov 25, 2013
 
Legal industry makes an economic impact on Philadelphia

Several leaders belonging to the law firms have long disputed about the fact that the legal industry has an unsung economic impact on Philadelphia. However, now they have good proof and back up data to claim that fact.  According to a report commissioned by the Philadelphia Bar Association, the document concludes everything related to t...
Nov 21, 2013
 
Agricultural growers still persist for industry-owned research techniques

The Queensland Government proposal for an industry-owned company to control the grains research and continue the lobbying among the growers stirs up on one of the grains industry forums in Toowoomba.  However, agriculture minister John McVeigh's rejected the proposal put forth by the Grains Research Foundation (GRF) regarding the format...
Nov 19, 2013
 
Slower growth phase for China's plastics processors

China 's plastics processing industry experienced a slow growth of about 5% in the initial nine months of the year due to the rising costs and economic challenges in the country. This slow growth impelled the country 's biggest plastics association to make a powerful call for leading companies to adapt to new and innovative technology.  ...
Nov 14, 2013
 
Japan is all set to build nuclear power plants in Iran

Koichi Mizushima, Japanese Foreign Ministry's Deputy Director General for Press and Public Diplomacy is ready to cooperate and build nuclear power plants in Iran, the Islamic Republic. Mizushima the accomplice of Fumio Kishida, Japanese foreign minister expressed these remarks in his official visit to Tehran on Sunday.    Depend...
Nov 11, 2013
 
Tangerine Digital Entertainment launches customized digital marketing services to help travel industry

Tangerine Digital Entertainment, a digital content management company has recently launched customized digital marketing services to assist several travel companies in enhancing their wide customer engagement across different digital platforms. The company is willing to offer many travel companies in India a broad range of online content market...
Nov 6, 2013
 
Massive corporations like Microsoft invest in Renewable Energy sources

Microsoft is hardly the former corporation to invest in the renewable sources of energy. However, Microsoft joins the growing ranks of firms such as Google, Ikea, and Walmart which have perpetually been investing in the renewable energy.   Microsoft announced on Monday that it will house one of its ongoing data centers with large sca...
Nov 6, 2013
 
Bosch`s Prediction for Industry of Steel says Confectioners will move to Stainless Steel Equipment in a span of five years

In the next five years, the confectionery industry will shift from aluminum surfaces on packaging and processing equipment to stainless steel equipment. According to Bosch, this change is in order to raise the sanitation standards in the industry.    Eric Aasen, the product manager of Bosch believes that change is happening and ...
Oct 31, 2013
 
Global Investors Look for Shares as Lloyds Bank Kicks-off Reporting Season

All eyes are on the Lloyds Banking Group as it initiates the third-quarter reporting season for the United Kingdom’s five huge listed banks.     Since the economy has shown good signs to continue its recovery across the country, this particular progress has set to boost every bank’s domestic profit to an extent. Howe...
Oct 28, 2013
 
Sensex dips 137 points in an early trade today

A standard index of Indian equities markets recorded a dip of 0.66 percent or 136.96 points down in an early trade on Wednesday. Major sectors like technology, IT, entertainment (TECK), and entertainment experienced the selling pressure, while the metal sector mainly witnessed a marginal good buying activity.  The Sensex 30 Index share ...
Oct 24, 2013
 
China`s Billionaire Count Stands at 168 According to Forbes China Rich List 2013

The 2013 edition of Forbes China Rich List proves yet again that China’s billionaire club is expanding every year. The list, published on October 17, 2013, identifies 168 billionaires in China – the highest number recorded in the country till date. In 2012, Forbes had identified a record 113 billionaires – a figure that has be...
Oct 17, 2013
 
German Specialty Chemicals Manufacturer Lanxess to Cut 1,000 Jobs by 2015 End

German specialty chemicals manufacturer Lanxess will further intensify its cost-cutting drive by axing 1,000 jobs by 2015 end. The company is taking these measures in a bid to counter the falling demand for its products and the resultant revenue loss. This, coupled with other cost-cutting measures is expected to help the company save 100 millio...
Sep 19, 2013
 
Fiat to Introduce Five New Car Models Over Next Two Years

Italian automobile manufacturer Fiat hopes to regain its profitable position in the Europe, Middle East and Africa (EMEA) market by producing five new brand models over a period of two years. Fiat's EMEA region group head Alfredo Altavilla stated this in an interview published in Corriere della Serra. This fortune-changing lineup will l...
Sep 18, 2013
 
By 2014, Canada's Unemployment Rate will be Higher than the United States

The rate of unemployment in Canada is projected to be higher than that of the United States in 2014, a Bloomberg News survey states. The average rate of unemployment in Canada will be around 7% by 2014 whereas that of the US economy will be 6.9%. As governments and manufacturers continue to lay off personnel to cut costs, Canada's employment...
Sep 13, 2013
 
Hewlett-Packard to Modernize and Manage Mission Critical Systems at the US Defense Manpower Data Center

Hewlett-Packard (HP) Enterprise Services has been awarded a $56 million task order for a period of three years by the US Department of Defense's (DoD) Defense Manpower Data Center (DMDC). The scope of this contract includes modernization, management and support to the DMDC's four Personnel Security and Assurance Systems as well as assisting in ...
Sep 6, 2013
 
Canadian Regulatory Nod to Glencore for the Sale of its Viterra Farm Outlets to Agrium

The deal that was poised to make Agrium Inc the dominant farm retailer in Canada is almost nearly sealed with a go-ahead from Canada's Competition Bureau. The acquisition will see Glencore Xstrata PLC sell multiple Viterra farm retail stores to Agrium, a leading Canadian fertilizer company. Agrium the largest seller of fertilizer, seeds and ...
Sep 6, 2013
 
Alibaba Group Set to be the Leading E-Commerce Provider Globally

Alibaba group, the e-commerce giant from China, is set to surge past U.S behemoths e-bay and Amazon by 2012.  In the last year, gross merchandise value (GMV) of Taobao.com, transaction based website was similar to the joint GMV of e-bay and Amazon.  Taobao.com is the most profitable business group among Amazon’s seven bu...
Sep 20, 2012
 
China Volkswagen to Recall and Repair Santana Models for Free

The Volkswagen AG’s joint venture with Shanghai Automotive Industry Corp., Shanghai Volkswagen Automotive Ltd. has decided to recall approximately 7,550 units of manual series sedan models of Santana 1.8L that were manufactured from March 1 to August 28 this year. The news was officially confirmed by AQSIQ (Administration of Quality Super...
Sep 18, 2012
 
Airtel Kenya and GSMA Partner to Provide Agricultural Community Service through Mobile

Airtel Africa and GSM Association (GSMA) are working together to start a project for providing agricultural information to farmers through mobile phones. Airtel Africa announced that the company is working with GSMA to initiate the project for providing relevant and reliable information to farmers through mobile phones. Airtel believed ...
Sep 13, 2012
 
Koreans Semiconductor Industries Leaping Ahead of the Japanese

With the advent of semiconductor technology, Japanese people engaged themselves passionately in the production of semiconductor devices thus acquiring majority of the market share until now. But the current scenarios in Korea are showing outputs which are quite optimized with effective management of the energy resources. The recent technical ad...
Sep 11, 2012
 
Rising Importance of LNG Challenges Gas Monopolistic Market

The Monopolists in the Oil and Gas power manufacturing are facing challenges from the advanced developments and increased usage of Liquefied Natural Gas (LNG). With new discoveries in the Middle East and Europe LNG is one of the fastest growing fuels in the market. Findings in Australia and Europe concludes that LNG is about to replace ...
Aug 27, 2012
 
Energy Markets Witnessing Faltering Growth

Crude oil prices remains down since the commencement of worldwide economic recession. The slower rate of recovery is resulting in the suppressed demand for petroleum products. Iran being the dominant supplier of petroleum products, and ongoing concerns over geopolitical pressures with Iran has encouraged some countries to release their strategi...
Aug 27, 2012
 
A New Development - “Synthesizing Nanocrystals for Harvesting Solar Energy”

The light absorbing materials available today are not durable and this is one the major factor, why solar energy was not widely accepted in the global market. These light absorbing solar materials used to harvest solar energy have a disadvantage of degrading or overheating over time. Their characteristics of degradation and overheating are the ...
Aug 27, 2012
 
US and Australian Navy Works Together to Search for Alternative Fuels

The US and the Australian Navy joined forces to look out for the alternative fuel sources. In order to reduce the dependence on fossil fuels, the US Navy recently signed an agreement with Australian Navy to search for alternative fuels in order to fulfill the increasing energy demands of their countries.  Ray Gigg, Vice Admiral, AO...
Aug 27, 2012
 
Ghana is Planning LPG and Electricity Supply to Benin

John Dramani, the President of Ghana, announced on Thursday that they are working on a project that would retool the energy sector of their country. According to this new project the country will supply substantial electricity and liquefied gas to Benin. The Interior and Home Security Minister, Mr. Benoit Comlan Degla, called President Mahama a...
Aug 27, 2012
 
ISSAC Approaches Gulf; Energy Markets Hold Steady Showing Mild Variations

Tropical storm, Issac, with wind speeds exceeding 60 miles is on its way to Cuba, and is expected to turn in to a hurricane as it touches United States Gulf of Mexico. It is expected to threaten oil and gas explorations in the area, and as precautions, operators drilling in the area are shutting down the plants. Despite the luring danger of dro...
Aug 27, 2012
 
Tax Policy for Wind Energy to Drive Economy

The current ongoing year has seen U.S. wind energy industry achieving milestones one by one. The recent achievement was in the current month, when American wind energy reached a total installed capacity of 50 GW (Giga Watts) for electricity generation through wind energy. Prior to this, earlier this year, another milestone was achieved when ind...
Aug 27, 2012


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