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Chinese Automotive Market Highlighting Innovation in Auto Parts and Supplies to Overcome a Downfall

Not very long ago, auto designs of the Western brands were copied by the Chinese automotive market. But, today, the situation is different, as the Chinese automotive market is hunting for innovative ideas in auto parts and supplies to avail a true competitive authority.  After a few consistent successful years of growth, the automo...
Jul 31, 2015
 
Wine Exports Register Healthy Rise, Especially in Terms of Value

Italian, Spanish, and French wines continued to register impressive returns in the export market, as the demand for wines around the world remained steady over the years. As per the figures released by the Dutch agri-bank Rabobank earlier this week, while the volumes registered by Italian and French wines dipped a little during the first quarte...
Jul 31, 2015
 
ResMed, Curative Medical Combine to Address Sleep and Respiratory Care in China

ResMed on Thursday announced that it has signed a definitive agreement to gain acquisition of Curative Medical. Curative Medical is a major privately held provider of non-invasive sleep disordered breathing and ventilation medical devices and accessories.  Chief executive officer of ResMed Mick Farrell said that Curative has a stro...
Jul 30, 2015
 
Proper Healthcare still a Major Issue for Transgender People

Groups representing transgender people have said that individuals still in a transitional phase continue to face a rather difficult road when it comes to healthcare. This is despite the laws which states that health insurance companies cannot make discriminations based on health history or gender. Robin Maril, senior legislative counsel...
Jul 30, 2015
 
Exotic Flavors in Beverages Industry are flourishing, reports Canadean

The market is bucking the trend with mixed flavors, HPP, cold-press beverages, and premium juices that are otherwise declining in the juice market, reports Canadean. Some of the conventional flavors like apple juice and orange juice have witnessed sales fall in the past. The fall was by half a billion litres in 2013-2014 worldwide. The ...
Jul 30, 2015
 
Mexican Masculinity Re-defined with New Mexican Beer by Elmwood

Tecate found the need to engage with millions of its customers ever since its presence on the market in 1944. Tecate seeks the need to engage with the younger generation of drinkers with raving attitudes. Elmwood, a design consultancy has redesigned Tecate to suit the consumer’s choice. It doles out to be Heineken’s biggest ...
Jul 30, 2015
 
Number of Job Cuts at Shell Rises to 6,500 with New Announcement of a Further 250 Job Cuts

Earlier this year, Shell had declared that it was cutting 250 jobs in Aberdeen. Now, the company has announced that it is increasing the number of job cuts to 500 with a further 250 job cuts in the Norwegian sector of the company. By the end of this year, Shell will have reduced its employee base by a cumulative total of 6,500, including contra...
Jul 30, 2015
 
New China Crude Oil Storage Tanks Due Operation from End of August

Oil prices continue their receding growth in the global market but demand is high from oil traders who are bidding high on storage of crude oil in the hopes that the prices will recover soon enough to pay off their costs for holding crude oil. In a recent bill, China had loosened the rules regarding import of crude oil and had also allo...
Jul 30, 2015
 
GE Healthcare to Invest More than US$1 Billion for Training Healthcare Professionals

GE Healthcare has announced today that it will invest US$1 billion investment over the next five years to develop its educational offerings and reach more than two million healthcare professionals on the global scene by the year 2020. GE Healthcare seeks to help healthcare professionals across the globe in improving healthcare from the core thr...
Jul 29, 2015
 
Investment Board Nepal Approves China FDI in Cement Plant

The Investment Board Nepal (IBN) has agreed to a foreign direct investment (FDI) deal worth US$ 352 million proposed by China based Hongshi Holding Group.  Hongshi Holding Group’s proposal to put money in the setting up of a new cement plant in Nepal together with Shivam Cement Ltd was approved at the board meeting chaired by...
Jul 29, 2015
 
HeidelbergCement Re-emerges as Global M&A Player after Italcementi Takeover

HeidelbergCement, based in Germany, has once again emerged as a worldwide player of mergers and acquisitions after taking over Italcementi for US$ 7.4 billion. The company had spent the best part of a decade trying to repair the damage it underwent after its previous major acquisition.  The company has been making painstaking effor...
Jul 29, 2015
 
New Average Target Price set up on Teva Pharma is US$75.14

The target price on the shares of Teva Pharma is raised from US$75.00 to US$85.00. Analysts at RBC Capital set the new target on the company, as per a report issue on July 29, 2015. The company have an ‘outperform’ rating on its stock, at present. The target price set by RBC Capital indicates a potential increase of 19.03% from the ...
Jul 29, 2015
 
Short Interest in China Pharma Holdings Increased by 35,318 Shares

A research report, informing about the latest movements in China Pharma Holding has been published today. According to the report, the short-term interest in China Pharma Holdings Inc. increased at once by 35,318 shares or 911.2%. The final short-term interests are 0.2% of the overall floated shares. The positions have risen from 3,876 ...
Jul 29, 2015
 
Motorola Thinking of Setting Up Manufacturing Unit in India

Mobile phone manufacturer Motorola is looking forward to start its manufacturing operations in India and may reuse its factory located in Chennai. According to a top official, if Motorola goes ahead with the plan, the Chennai facility would be the company’s third manufacturing unit outside Brazil and China. Chinese electronic manufacturin...
Jul 29, 2015
 
Does China’s Manufacturing Sector Really Look Positive?

In July, the manufacturing activity across smaller Chinese firms has slowed down. This has again led the market to speculate about the future of China’s economy, and the reliability of economic data released by the Chinese government. The manufacturing PMI gauge released by Caixin-Markit for the month of July dropped significantly last we...
Jul 29, 2015
 
Nestle to Rebuild its Reputation in India, Plans to Use Advertising and Social Media

To cover up the damage done to the reputation of Nestlé by the recent food-scare in India, the company is planning to use aggressive advertisement and social media platforms, stated Mr. Suresh Narayanan, the newly appointed Chief, Nestlé India. Nestlé has been around in India for over 100 years, but it never faced s...
Jul 28, 2015
 
Taiwan and China Enhance FDA Powers, Plan to Strengthen Food Safety Laws

Taiwan and China have increased the powers of their respective FDAs in order to make them more efficient in ensuring food safety and protecting against food fraud, as per a panel discussion at IFT15, titled “Where Science Feeds Innovation”, which was hosted by the IFT in Chicago. Mr. Zheng Chen, member of the International d...
Jul 28, 2015
 
China Plays Nice With Ukraine for Landing Craft Engines

In order to counter the U.S. power in Eastern Europe and Asia Pacific, a security partnership with Russia is formed. China is planning to deploy its military parade in Beijing to announce the 70th anniversary of the WWII. This will improve its ties with Ukraine, says a published paper under the Communist Party mouthpiece People’s Daily. ...
Jul 28, 2015
 
With Sanctions Removed, China has a Freer Hand of Alliance with Iran

According to a recent news report, the Iranian nuclear agreement is warmly welcomed by an array of world leaders as enlightenment and a new chapter in the foreign ties with Tehran. This is mainly due to the sanctions that will create new trade and investment opportunities in Iran.  Beijing is in the front line for Iranian business....
Jul 28, 2015
 
Mitsubishi to Concentrate on Production of Vehicles in Russia, Japan, and Southeast Asia

Soon after shutting down the plant in the U.S., Mitsubishi would mainly be focusing on the production processes in Southeast Asia, Russia, and Japan. Tetsuro Aikawa, the president of Mitsubishi Motors has stated that the company will concentrate on some of the key areas of production wherein the countries involved would be Russia and Japan and ...
Jul 28, 2015
 
Volkswagen to Continue Production in China amidst Declining Sales

China at present is witnessing sluggish demand in its industrial sector. China is one of the most lucrative and profitable markets for vehicles. Despite this, Volkswagen does intend on lowering the manufacturing in the China market for cars. This information was revealed by reliable sources at Volkswagen.  Considering the present s...
Jul 28, 2015
 
South Africa Gears up for Universal Healthcare Reform

South Africa has made a bold new proposal to introduce a universal health coverage amidst stiff opposition from private healthcare providers. The new model is expected to provide sustainable healthcare solutions, tailor-made for the developing world. The proposal is called the National Health Insurance, or NHI and it has triggered much debate w...
Jul 28, 2015
 
Dabur India Enters Ready-to-Drink Beverage Segment

Dabur India Ltd on Monday announced its foray into the ready to drink beverages segment with Hajmola Yoodley. Dabur is set to launch the drink with novel ‘chatpata’ Indian flavors.  The new Hajmola Yoodley will be available in the market with six flavor variants: Nimboora Shikanji, Awaara Aam Panna, Jhakaas Jaljeera, Go...
Jul 27, 2015
 
Wine Market Finally on Path of Recovery from China’s Crackdown

After three years of slump, the wine industry finally has a reason to rejoice. Wine prices spiked in the first half of this year even though at a rather modest pace.  Even after the economic whirlwinds in Asia and Europe, the Liv-Ex Fine Wine 50 Index benchmark rose 0.8 per cent from the beginning of the current year, after declini...
Jul 27, 2015
 
IndusInd Bank Faces Declining Share Prices After Acquiring RBS

The shares of IndusInd bank declined by 1.07% and at 10:30 am IST on BSE index. It dropped to Rs. 946. The decline was observed after the company announced that it has completed the acquisition of the diamonds and jewelry business of Royal Bank of Scotland (RBC) in India. Over the day, the share of IndusInd bank dropped the lowest till ...
Jul 27, 2015
 
Chinese Stocks Hit by Major Slowdown, Biggest One-day Decline after 2007

Chinese stocks have dropped over 8% after the efforts by the state to prop up valuations stopped abruptly, which increased the doubts about the feasibility of the state’s strategy to save the stocks from a bigger crash. All the major indices in Beijing had their biggest one-day decline since 2017 on July 27, 2015. This decline has shatter...
Jul 27, 2015
 
Audi Plans to Spur China Sales with Revamp

Audi, the German car maker hopes that redesigning of the top selling A4 will swell up its fortunes in China, the world’s largest auto market where the luxury brand is facing challenges of dwindling sales and change of leadership. Following the move from Audi, the top carmakers in the world are under pressure to raise share in Chin...
Jul 27, 2015
 
Ratan Tata enlisted into Automotive Hall of Fame for 2015

Ratan Tatan, the ex-chairman of the Tata Group, is one of the most celebrated names in the automotive industry, not only in India, but worldwide. To commemorate his lifelong contribution to the thriving auto industry, the Chairman Emeritus of the Tata Group has been inducted into the 2015 Automotive Hall of Fame. The ceremony happened in Detroi...
Jul 27, 2015
 
China Unicom Posted 5th Consecutive Decline in Mobile Service Subscribers

In June, 2015, China Unicom has reported a decline 5th time consecutively in the base of mobile service subscribers. The lagging 4th-gen network infrastructure of the firm is believed to be the main reason behind this decline. The total number of subscribers of China Unicom have fallen 999,000 in June, 2015 and stood at just 289 million...
Jul 24, 2015
 
New Study Links Sugary Drinks to Type 2 Diabetes

Fumiaki Imamura, hailing from the University of Cambridge reviewed not less than 17 independent studies and researches to finally divulge the fact that one serving of sugar sweetened on a daily-basis triggers diabetes by 18%.  However, sources close to the study stressed that the study in no way proves a cause-effect relationship, ...
Jul 24, 2015
 
The Project of Suhua Highway Experiences Appended Delays in Construction

The Suhua Highway Improvement Project which had to be completed in 2018 may be postponed after there were archaeological vestiges still found in the areas of construction. Construction workers discovered proof of archeological remains that specialists say could be 2,000 years old, found right after the Neolithic Age. The unearthing zone covers ...
Jul 24, 2015
 
BlackBerry Takes to Job Cuts and Greater Focus on Profit Sustainability

BlackBerry has taken to job cuts in a big way since the company is moving towards regaining its profitable position under John Chen, the CEO. However, it is quite unclear as to how many employees this company will ask to leave. A spokesperson from the company stated that BlackBerry will continue to focus on ensuring greater efficiencies within ...
Jul 23, 2015
 
Huawei Witnesses Accelerated Business Performance Owing to Increased Sale of Smartphones

China based telecom company, Huawei has reported a substantial rise in revenue of almost 30% during the first half of this year. The total revenue thus earned was US$28 billion. This significant increase in revenue can be attributed to brilliant performance of the company in its telecom equipment, enterprise, and smartphone businesses. However,...
Jul 23, 2015
 
South Florida Bank Signs Correspondent Banking Relationship in Cuba

A bank from South Florida has become the first bank from the United States to enter into a correspondent relationship with Cuba. This step taken by the federal bank is touted as the latest strategy to strengthen the diplomatic relations between the longtime adversaries, United States and Cuba.  Stonegate Bank earlier this year was ...
Jul 23, 2015
 
BRICS Bank Launched in China as an Alternative to International Banking Systems

The BRICS nations, including India has floated a new US$100 billion bank on Tuesday as an alternative to IMF and the World Bank with an aim to boost infrastructure funding across the emerging countries and to offer them services which are customized to suit their specific requirements.  China hosted the opening ceremony of the New ...
Jul 23, 2015
 
Iran Jacks up Petrochemical Yield to Meet Europe Demand

Iran has begun pushing up petrochemicals production due to renewed purchasing interest from Europe, which is its key market a week after the landmark nuclear deal was closed after protracted negotiations.  As stated by a source close to the petrochemical producer, there have been increasing number of enquiries from Europe. Buyers, ...
Jul 23, 2015
 
Chinese Plastics Enterprise Signs Joint Ventures in Mexico and the U.S.

A Shanghai based plastics company, which was eyeing the North American market is establishing base in the U.S. and Mexico. Shanghai Yongli Belting Co. Ltd, which is into production of industrial conveyors stated last month that it is making an investment of US$2.5 million for a 20% stake of Seoyon Top Metal Mexico SA de CV, which is int...
Jul 23, 2015
 
Textbook Controversies Brewing up in Taiwan

Japan may have idealized the craft of blending up course book contentions in East Asia, yet the self-overseeing island of Taiwan has its own particular tempest preparing. Another history educational module for Taiwanese secondary school students, because of dispatch in August, is a piece of a bigger pending training change. In any case, teacher...
Jul 22, 2015
 
As per the Legislature, Education Funding is in Process

The Legislature's yearly advance report to the Washington Supreme Court on its progress in the direction of satisfying the court's request to alter instruction financing is a blend of achievements and wishes for what's to come. The report endorsed Tuesday starts with an outline of the court's 2012 McCleary choice, which said administrators were...
Jul 22, 2015
 
Acquisition by Tsinghua will not Receive Approval due to National Security Reasons

The stock prices of Micron went up by around 15 per cent in the last week prior to the report released by Wall Street Journal mentioning that the state owned semiconductor from in China Tsinghua is busy on a US$23 billion worth of takeover bid for the firm. However, both the firms Tsinghua and Micron have declined to comment. According to sourc...
Jul 22, 2015
 
Latest Laser Beam Technology to Introduce HD Projectors in a Palm-size Package

Presently, technology is getting smarter and smaller. Also, the demand for integrated technologies is growing. Users want the highest picture quality in their gadgets such as phones, televisions, smart watches, etc. Companies in the market are competing on innovation to come up with smallest, smartest, and the best picture-offering technologies...
Jul 22, 2015
 
Production of Moonshine and Whisky Now Legal in Russia

Russia recently declared alcohol production in the country to become legal. The beverages included within this are homemade moonshine, whisky, and different types of distilled beverages derived from grains. Despite Russia having set rules and standards as regards the manufacturing of cognac, brandy, and vodka, it had never put forth legal stand...
Jul 22, 2015
 
China Based Citic to Sell Stakes in Swire Pacific Joint Ventures

China based Beverage Company, Citic has finally declared that it would be selling the minority share in its joint ventures for beverages in China in order to build partnership with Swire Pacific. The joint venture would be valued at 1.25 billion Yuan. The sale and the approvals that are remaining pending by regulators will eventually help Citic...
Jul 22, 2015
 
New Car Launches to Propel the Overall Car Sales in the Forthcoming Months

Ongoing industry trends indicate that the segment for passenger vehicles that was in the doldrums till about a few months back, will soon be back on the recovery path. This will happen by way of new vehicle launches, better domestic sale environment, most importantly, low fuel prices. Honda Jazz and the Volkswagen Vento will be the newest launc...
Jul 21, 2015
 
Car Dealers in China to Receive Aid from Audi

Audi will soon be extending a financial aid worth US$193 million to its Chinese dealers. This will be done with a view to give a boost to the luxury cars segment which at present is witnessing sluggish rate of growth. According to a senior official at Audi, the company gives a lot of importance to financially sound dealer network, stable price ...
Jul 21, 2015
 
China Jo-Jo Drugstores Inc. Announces Registered Direct Offering worth US$3 Million

China Jo-Jo Drugstores, Inc., which is a leading retail and wholesale distributer of pharmaceuticals and healthcare products in China through online and retail pharmacies has announced earlier this week that it is planning to enter into a definitive contract with single institutional investor in the healthcare sector to purchase common stocks w...
Jul 21, 2015
 
Emerging IT Solutions Will Offer More Efficient Health Management Services in China

Sustainable advances in healthcare reforms and emergence of latest IT technologies are the two key drivers of IT development in the healthcare industry. Advent of IT technologies such as cloud computing, mobile internet, and big data has spurred the demand for improved and more efficient healthcare application systems, which subsequently requir...
Jul 21, 2015
 
Hao Sun Established Wireless Energy Devices in China

China’s scientists have added to another strategy for joining energy gadgets without utilizing wires. Not just are the gadgets simple to make, they keep on living up to the expectations even when bent or contorted, which is a crucial attribute for adaptable hardware. Customarily, energy gadgets include modules associated in an arrangement...
Jul 21, 2015
 
Drugs Transferred by the Click of a Remote Control via Small Wireless Devices

At the University of Illinois and Washington University School of Medicine, scientists have added to another approach to viably transfer the required medicines to the patient’s body with the help of a wireless device embedded in the cerebrum and controlled via a remote control. In a study included in the journal named Cell, the associate ...
Jul 21, 2015
 
Japan Criticizes Beijing for Construction on Fiery Cross Reef

In the ongoing fight over the disputed Spratly Islands between China and its neighboring counties, Japan has alleged China for employing ‘high handed’ tactics for asserting claims over the South China Sea.  Japanese leaders alleged that, China’s efforts for the construction of the foundation structure of the milit...
Jul 21, 2015
 
Greek Banks Reopen Doors after 3 Weeks of shutdown

Banks in Greece reopened their doors after a complete shutdown of three-weeks. The Greek government imposed this shutdown in order to prevent the banking system from collapsing. Though, the government has opened the banks, however, it has kept almost all the restrictions on financial transactions as it is. After a tentative deal got fin...
Jul 20, 2015
 
China Bank to Open 50 New Branches in 2015

China Bank has plans to open around 50 more branches in 2015 on account of the robust economic condition of China. Cebu province is the home to the first provincial branch of China Bank, which was opened in 1948. Of the targeted expansion of the bank, 3 to 4 banks are to be opened in Cebu to strengthen the status of China Bank in the pr...
Jul 20, 2015
 
German Economy and Energy Minister Visits Iran to Regulate Ties

Sigmar Gabriel, German Economy and Energy Minister flew to Iran on Sunday as the first top western official since Tehran and world powers reached a historic nuclear deal.  Mr. Gabriel ventured the three-day trip with a group of industry officials, a handful of delegation of representatives from companies and the sciences, said his ...
Jul 20, 2015
 
South Korea Pins Hopes on its Cooperation with Honduras About Energy and Climate Change

President Park Geun-hye and Honduran, Juan Orlando Hernandez – her counterpart joined forces and cooperated in the energy industry to cut greenhouse gas emissions on Monday. The rise in greenhouse gas emissions leads to global warming.  Among many other things, both the leaders observed the call for cooperation and signing of...
Jul 20, 2015
 
Further Insights on Autism With the Help of Skin Cell-based Miniature Brains

Recently a group of scientists created tiny brains from the conversion of skin cells derived from patients suffering from autism. The very first step that the scientists took was that they converted these skin samples into stem cells before finally developing these into the miniature brains. They also concluded that this technique enabled them ...
Jul 20, 2015
 
Doctors in China Come Together to Fight against the Violent Attacks by Frustrated Patients

Recently, close to 6 lakhs Chinese physicians and doctors signed a particular petition against rampant attacks on doctors by several frustrated and angry patients and also their kin. The main rationale behind such a step is to stop the violence against medical staff by the general public of China. This campaign gathered momentum soon after a do...
Jul 20, 2015
 
Japanese Insurance firms in Collaboration with the U.S. Firms Focusing on Emerging Markets

Several insurance firms from Japan are eyeing the growing markets in the U.S. The declining population in Japan is pursuing these firms to focus on potential overseas market. Few of these firms are Sompo Japan Nipponkoa Insurance Incorporated and MS&AD Insurance Group Holdings Incorporated. These firms are presently looking for potential me...
Jul 17, 2015
 
China FTA Stimulant for Australia’s Healthcare Operators

Last month the sign of the China-Australia free trade agreement has opened doors for Australian healthcare providers in China, which will give them unprecedented access to one of the largest markets in the world. However, to take advantage of the opportunity will require careful planning and much of the planning has to start now. The av...
Jul 17, 2015
 
Albany Molecular Research Inc. Acquires Spain Based Gadea Pharmaceutical Group

Albany Molecular Research Inc. (AMRI) has announced that it has acquired all the outstanding stakes in the Spain based company in Gadea Pharmaceutical Group that specializes in finished drugs and technically complex APIs (active pharmaceutical ingredients). The purchase price of 2.2 million shares of Gadea’s owner’s common stocks re...
Jul 17, 2015
 
Millrock Commences Drilling on Alaska Peninsula Copper-Gold Exploration

Millrock Resources Inc. (MRO) has announced commencement of the Alaska Peninsula copper-gold exploration. The program is being managed by Millrock and is funded by First Quantum Minerals Ltd.  (FQM). As per the terms of the project, FQM can earn up to 80% interest in the drilling project by funding the exploration. For funding the ...
Jul 16, 2015
 
Demag Unveils New Plant in China

Sumitomo (SHI) Demag, the plastics processing equipment maker has officially unveiled the new facility Demag Plastics Machinery, China.  The plant with an area of 27,000 square meter and which employs 200 workers, and presently makes Systec C hydraulic molding machines for injection having clamping forces from 500 to 10,000 Kn.&nbs...
Jul 16, 2015
 
Pack Signed by Tatas and Boeing for Manufacturing in Sectors of Defence and Aerospace

Boeing and Tata Advanced Systems, the worldwide air ship manufacturer marked a settlement today to team up in defence manufacturing and aerospace and in addition to take advantage of integrated systems improvement opportunities, inclusive of unmanned aerial vehicles. The organizations expect to get access to the markets mutually for items and p...
Jul 16, 2015
 
China's Huawei gets a Go-Ahead to Manufacture Handsets in India for a Profitable Market

Chinese telecoms titan, Huawei Technologies Co, has won a manufacturing approval by the Indian government, making ready for it to turn into the first major Chinese brand to make handsets in one of the world's greatest markets for mobile phones. The go-ahead given by the Ministry of Home Affairs, affirmed by an authority on Wednesday, came 19 ...
Jul 16, 2015
 
ARC Automotive to be probed for Defective Airbags in U.S.

After Japan’s Takata Corp., ARC Automotive Inc is the second company to be investigated by the U.S. safety regulators for manufacturing defective airbags. According to the National Highway Traffic Safety Administration, the probe will cover airbags in about 420,000 Fiat Chrysler Town and Country Minivan models of 2002, and 70,000 Kia Opti...
Jul 16, 2015
 
With Sanctions Lifted, Iran is Lucrative Market for Car Manufacturers

With Iran’s successful nuclear deal with the western powers, car manufacturers are happy. Iran’s automotive industry is expected to see market leader PSA Peugeot Citroen getting challenged by rivals such as Volkswagen. After the historic deal which witnessed Tehran agreeing to curb its nuclear program to lift the sanctions imposed b...
Jul 16, 2015
 
Chinese Technology Group to Make a US$23 Billion Bid for U.S. Company

For many years the Chinese government has been supporting moves that will contribute towards the nation’s domestic abilities to produce high technology products. However, China’s dependence on foreign technology makers has been a sore spot for the country’s leaders due to the monetary and security related reasons. For example,...
Jul 15, 2015
 
Upcoming Laser Technology to Relieve Diabetics of Finger Pricking Misery for Tests

Around the world, millions of people that are affected with diabetes have to prick their fingers to check their blood sugar levels. For certain diabetics, they have to price their fingers multiple times a day, which can result in painful blood blisters. However, a new technology being developed at the University of Leeds could provide a solutio...
Jul 15, 2015
 
China to Enter Memory Chip Industry, Shows Interest to Acquire US Chipmaker

It seems that the global memory chip industry worth US$80 billion is under threat from a Chinese entity Tsinghua Unigroup. Reports have indicated that the Chinese government-backed enterprise is interested in buying the U.S.-based Micron Technology, the third largest global memory chipmaker. The memory chip industry has been traditionally domin...
Jul 15, 2015
 
Tata and Boeing Sign Agreement to Boost India’s Defence and Aerospace Sectors

“Make in India” initiative has received another major boost with Tata Advanced Systems Limited (TASL) and Boeing signing an agreement to work together in manufacturing in defence and aerospace sectors. Under the agreement, the two companies would also work on developing integrated systems such as unmanned aerial vehicles. According ...
Jul 15, 2015
 
Geothermal Energy Sector in China Gaining Momentum

China’s revised polices and increased investment in the renewable energy field shows that the nation’s all geared up to reduce its greenhouse gas emissions. China is the world’s fastest growing economy and has shown tremendous growth in its renewable energy sector, especially in the solar energy domain. However, the nation is ...
Jul 14, 2015
 
Tasmania will Continue to Expand its Wind Energy Sector

In Tasmania, the views of the national government and its federal government are at odds. The Tasmanian government is insisting on supporting the development of renewable energy. On the contrary, the Federal Government is insisting that the Clean Energy Finance Corp. (CEFC) needs to stop investing money in the wind energy sector. Howeve...
Jul 14, 2015
 
4G Wireless Networks Governed by U.S., but Speeds are Mediocre

We are all aware that U.S. is the pioneer in the LTE systems and is getting subscribers rapidly. Yet, regarding the matter of getting the full speed of those systems and verifying packets that don't get lost along the way, it is just amidst the pack, as per another report. The U.S., for instance, has more than 100 million LTE subscribers, the b...
Jul 14, 2015
 
Converged 4G Network Being Prepared by Wireless Operator of Hong Kong for Developed Dual-Band Phones

The second biggest wireless operator of Hong Kong made arrangements to dispatch a developed mobile service ahead of schedule one year from now that consolidates the world's two 4G system norms over distinctive radio recurrence ranges. The organization, 3 Hong Kong, is collaborating with Huawei Technologies, China's biggest maker of telecoms equ...
Jul 14, 2015
 
PIO Schoolboy Develops New Test for Alzheimer’s

A fifteen-year-old, Indian-origin boy living in the United Kingdom has developed a remarkable test, which can potentially help diagnose Alzheimer’s, 10 years before the first symptoms of the disease appear, and can even prevent it from progressing. Krtin Nithiyanandam, who lives in Epsom, Surrey, England is in news for developing a &lsquo...
Jul 14, 2015
 
Phoenix Healthcare Group Buys 20% Stake of Hong Kong’s UMP

Phoenix Healthcare Group is the first hospital firm in the mainland to be listed in Hong Kong. The Healthcare Group made a formal announcement late on Monday, that it is gearing up to buy 20 per cent stake in the UMP Healthcare Holdings. The deal, according to reports is finalized for HK$180 million.  The reports are doing round in...
Jul 14, 2015
 
Chinese Firm to Enter Organic Beef Market

The demand for organic food in domestic market of China and in several international markets have led to many large companies increase their product range to offer organic foods. Also, several new entrants in the market that specialize in organic produce are increasingly fueling the competition in the organic foods market. One such company from...
Jul 13, 2015
 
Low Organic Food Yields Not Enough to Feed to the Population

The demand for organic food is on the rise and not in just developed countries, but in developed countries too. In supermarkets, there are dedicated aisles for organic products. The rising awareness of organic food along with its increasing visibility and availability is fueling this demand. However, the trend that the demand for organic food i...
Jul 13, 2015
 
Consumption of Sweetened Beverages in India on the Rise

The consumption of sugary beverages such as energy drinks has gone up in India, a trend that has been responsible for an alarming number of disabilities and deaths across the globe. The yearly per capita consumption of beverages sweetened by sugar has grown from 2 liters in 1998 to an astounding 11 liters in 2014, according to the Center of Nut...
Jul 13, 2015
 
Chinese Melon Touted as Natural Sweetener in Beverages by Kiwi-Chinese Co.

A natural fruit juice made from a Chinese melon is being presented as a natural alternative to reduce the intake of sugar in everyday food and beverages such as juices, yoghurts, and cereals, without compromising on the flavor. Sweet Delicious, a low calorie natural alternative to artificial sweeteners and sugar is being developed using...
Jul 13, 2015
 
Bangkok Bank (China) Shifts its Focus on Existing Customers to Limit Risks

The demand for loans at Bangkok bank (China) has started to improve with the aid of the local and the foreign customers of the bank, who are investing in China. However, the low demand in the first half of the year is hard to cover up, stated, Mr. Suwatchai Songwanich, chief executive, Bangkok bank (China). The bank has set a target of ...
Jul 13, 2015
 
IndusInd Bank Reported 25% Rise in its Net Profit

IndusInd, one of the major private sector bank, has posted a 25% rise in its net profit for the first quarter ended on June 30, 2015 at Rs. 525 Crore stimulated by the increase in interest and the fee income. In the previous year, the bank had registered a net profit after tax of Rs. 421 Crore in the same quarter. The net income from in...
Jul 13, 2015
 
PepsiCo Reshuffles Executive Responsibilities and Renames its North American Unit

The North American beverages unit of PepsiCo, henceforth will be called North America Beverages. The news about the beverage company renaming its unit in North America was revealed alongside several other management changes.  PepsiCo Americas Beverages, which will be very soon called by its new name North America Beverages, is led ...
Jul 10, 2015
 
China Permits Fully Foreign-owned Hospitals

In China, rapid urbanization, large geriatric population base and exploding pollution levels have triggered need for improved healthcare, mainly in large cities in the country. In the next three years, the healthcare expenditure in China is projected to rise 11.8% ever year.  To meet the swelling demand for quality healthcare servi...
Jul 10, 2015
 
China Telecom and GE Join Hands to Push Forward Industrial Internet Scheme

China Telecom and General Electric Co. made a joint announcement of entering into a partnership with each other in order to drive the industrial Internet scheme. The U.S.-based multinational corp., GE, is slated to provide its software platform named Predix to China Telecom and let is construct a data platform using the software. The pl...
Jul 10, 2015
 
US Healthcare Spending on Children Higher than Overall Cost

Health care spending on kids in the United States rose at a much faster pace compared to the overall population in the country over the course of three years. This rise has been fueled in part by the surge in hospital admissions for newborns, states a new study. The report by the Health Care Cost Institute identifies the wide disparity ...
Jul 9, 2015
 
China to Conduct Surprise Inspections on Pharma Companies in September

China has announced on Wednesday that it will commence regular surprise inspections on pharmaceutical companies and medical device firms beginning from September 1, according to the China Food and Drug Administration. A surprise check will be conducted without any prior notice to the firms. The law enforcement authorities conducting the...
Jul 9, 2015
 
Fiat Chrysler Signs Four-Year Labour Deal in Italy

In an attempt to improve its relations with the unions, auto manufacturer Fiat Chrysler Automobiles (FCA) along with CNH Industrial signed a labour deal for workers in Italy. The agreement for the duration between 2015 and 2018 applies to around 85,000 employees of both the companies. The agreement also includes a performance-based compensation...
Jul 9, 2015
 
Plunging Stock Market Affects Automotive Industry in China

It seems that the Chinese automotive industry is losing its charm. China has been the largest market for auto manufacturers across the globe. However, the sluggish Chinese economy along with the recent stock market condition has taken a toll on the overall automotive industry of the nation. The Chinese automakers are facing losses after the slu...
Jul 9, 2015
 
China Still a Top Destination for Manufacturing

The current sluggish economy in China has not affected its position as the most favored manufacturing destination in the emerging markets. However, its position is being threatened by other developing nations such as Indonesia and Mexico. In the last ten years, China has topped the list of destinations for greenfield manufacturing facilities by...
Jul 8, 2015
 
India Invites Kazakhstan to Invest in Manufacturing Sector

Resource-rich Kazakhstan has caught the attention of India. Indian Prime Minister Narendra Modi has invited Kazakhstan to invest in India’s smart city projects, renewable energy, and manufacturing sectors. He has stressed on creating a symbiotic relationship between the two nations where the businessmen from both the countries can work jo...
Jul 8, 2015
 
Alibaba Group Makes Investments in Mei.com

The largest online retailer in China, Alibaba Group Holding Limited made an announcement about investing in Mei.com, which is the largest flash sales platform in China for fashion and products. The collaboration will boost the supply chain services of Mei.com, which offers discounted quality products from leading international fashion brands fo...
Jul 8, 2015
 
American Apparel Shuts Down Stores to Rebrand

American Apparel, the leading apparel chain in the U.S., announced of closing many stores that are underperforming. The move is to save money and give a make-over to the company’s image. The exact numbers of the stores to be closed out of the total 239, were not revealed by the clothing company, though company sources admitted the...
Jul 8, 2015
 
US Oil Prices see Further Drop

US prices of oil dropped to a near three-month low on Tuesday amid concerns regarding an increasing glut of crude oil. Sweet, light crude meant for delivery in august dropped 0.4 per cent or 20 cents to reach US$ 52.33 per barrel on the New York Mercantile Exchange. This has been the lowest settlement since April 13. The global ...
Jul 7, 2015
 
China’s Slide in Stock Market Brings down Crude Futures

A storm in the macroeconomic forces that brought down oil prices much lower. However, Tamar Essner, an energy analyst at NASDAQ OMX said that the slide in the China stock market started off the 10 per cent drop in crude futures this week. Traders had more or less taken in the progress toward the debt standoff in Greece and the Iran nucl...
Jul 7, 2015
 
U.K. Pork Industry Enjoying Boost in Trade on Account of Exports to China

The secretary of State for Environment, Ms. Elizabeth Truss, has announced that the global pork exports have climbed a total of 44% over the last 5 years with garnering around US$334 million per year. The pork trade with China, stated in 2012 has fuelled the British pork industry to a significant extent. Pork worth US$47 million is exported to ...
Jul 7, 2015
 
Eight Eateries Shut-down in Ireland over Food Safety Issue

The Food Safety Authority of Ireland (FSAI) served closure orders to 8 eateries in June, 2015. The FSAI passed these orders in accordance with the danger these restaurants were posing to public health. The Cash and Carry restaurant in Finglas, Dublin was caught at fault on six counts and was fined US$6,085 that consisted of a fine amoun...
Jul 7, 2015
 
Demand for Organic Food Exceeding Supply

The rising number of food scandals along with the increasing awareness about toxins in conventionally grown food has deviated consumers towards the organic food aisles in supermarkets. Consumers’ awareness regarding genetically modified foods is also rising, which is further fueling the demand for organic food in western and eastern marke...
Jul 6, 2015
 
KFC and McDonald’s now equipped with Digital Payment in China

The trend of using digital payment in restaurants is on the rise. Several popular restaurants and food chain firms are adopting digital payment in China. According to Yum, their KFC business has now collaborated with Alibaba and in late June they launched a mobile payment service for around 700 of their stores in China. Consumers can pay for th...
Jul 6, 2015
 
The Manufacturing Industry Foresees Large Scale Automation, According to Industry Veterans

In a world that is evolving at a rapid pace, efforts to sustain the traditional can doom the future. The research and development activities are currently attempting to avoid getting trapped in the situation by citing the industry-specific requirements. Present day industries seek agility and they want their process to be attuned to be able to ...
Jul 6, 2015
 
China Aims for Green-Growth Manufactures Renewable Systems to Attain the Same

The formal climate target in China demonstrates that the leading greenhouse emitter in the world is determined to green its economy on an unprecedentedly large scale. China has spearheaded the effort and it is hoping to bring the rest of the world along in its ride of making processes eco-friendly.  Earlier this month, China has ma...
Jul 6, 2015
 
China and Russia Ties Strengthened With Gas Pipeline Agreement

Energy cooperation between Russia and China has boosted further when construction of the Chinese section of the China Russia East Route Natural Gas Pipeline began on Monday.  The pipeline on the Chinese side commences in China’s province Heilongjiang and ends in Shanghai. The project helps both nations energy strategy and gua...
Jul 3, 2015
 
Sugary Drinks Found Responsible for 184,000 Deaths Worldwide

A new study has found that sugar-sweetened drinks are responsible for more than 184,000 adult deaths around the world. The study, which was published in the Circulation journal also said, that sugary drinks are the reason behind 25,000 deaths every year in America alone.  A report published in the Los Angeles Daily News says that t...
Jul 3, 2015
 
Israeli Delegation of Medical Device Firms Seeks Opportunities in Indian Market

An Israeli delegation of leading medical device companies is meeting Indian health care distributors, providers, and importers in Delhi and Mumbai to explore the possibilities of working with them. The Israeli delegation conducted business to business meetings with Hinduja Hospital and Kokilaben Dhirubhai Ambani Hospital in Mumbai and R...
Jul 3, 2015
 
A Deal Signed up by Tata Motors' JLR for the Manufacturing of Cars in Austria

Jaguar Land Rover which is owned by Tata Motors stated that it has consented to an agreement on contract manufacturing with the Magna Steyr, the Austrian automotive firm in another stride to improve its overall line of production and to garner worldwide impression. Magna Steyr will construct some future JLR vehicles at Graz, Austria, under the ...
Jul 2, 2015
 
Cuba 1st Country in the World to Eliminate Mother-to-Child Transmission of HIV

Cuba has become the very first nation in the world to be validated by the World Health Organization that it has successfully eliminated mother to child transmission of syphilis and HIV, stated a WHO press release.  Dr Carissa F Etienne, the Pan American Health Organization (PAHO) director said that Cuba’s victory proves that ...
Jul 2, 2015
 
Chinese FMCG Sector Witnesses Massive Slowdown, Foreign Brands Face Tough Challenges

The FMCG sector in China witnessed a decline of 4.4% in the Q1 of 2015. In past, the sector maintained around 12% of growth rate during the period of 2011-2012. The foreign brands have witnessed a sharp decline in the FMCG market in China during the first quarter of 2015. According to a report, the skin care products market was the sole...
Jul 2, 2015
 
China’s Positive Action toward Greenhouse Gas Emissions

China has finally released the greenhouse gas related goals ahead of the United States meeting for climate change, scheduled later this year.  The Chinese prime minister said China would strive to reduce its carbon emissions before 2030 as a part of its pledge to United Nations in 2014. According to the statement, China will cut it...
Jul 1, 2015
 
Food Fight Cited as the Next Battle in China E-Commerce

An increasing number of firms in the mainland China has entered into deals to import foreign food to the region. The scenario yet again reveals the growing consumer concerns following a series of food scandals in the country.  The biggest online direct sales company in the mainland, JD.com announced earlier this week, on Monday, th...
Jul 1, 2015
 
Oil Prices Post 25% Quarterly Gain

U.S. prices of oil on Tuesday rose after Iran and six other world powers stretched the nuclear talks deadline until July 7. The prices posted a quarterly gain of 25 per cent. U.S. oil prices posted their highest percentage gain for a single quarter since 2009 on the cues of a decline in production in the United States and a rising deman...
Jun 30, 2015
 
China Bank Raises Three-Year Term Loan worth US$158 Million

China Banking Corporation, also known as China Bank, has raised a three-year term loan facility worth US$158 million from the international and regional banks. Last week the Philippine-based bank signed the agreement which offers an interest margin of 1.40% per annum over three months Libor. As per the agreement, the draw down has been schedule...
Jun 30, 2015
 
China Emerged as One of the Global Leaders in Fast Rail Technology

China is leading the world in terms of high-speed railway technology. Recently, the country has revealed its innovation of a high performing permanent magnet synchronous power system that according to reports, will boost the speed of bullet trains to an unfathomably super-fast 500 kilometers per hour.  The high-performing 690KW pow...
Jun 29, 2015
 
Sony to Start Manufacturing in India

The leading electronics manufacturer in Japan, Sony is considering to participate in “Make in India” initiative launched by the Indian Government recently. According to reports, Sony may soon open its manufacturing plant in India.  Congratulating the latest efforts and initiatives adopted by the Indian government, spoke...
Jun 29, 2015
 
Single Dose Packaging Capabilities Introduced by Diversified Manufacturing Corporation (DMC)

A leading contract manufacturing, private label filling, and packaging company, Diversified Manufacturing Corporation, also called DMC, has stated that it has launched a sophisticated single dose packaging capability. With this the company added a new capacity to their configured manufacturing functionalities. The recent advancement constitutes...
Jun 29, 2015
 
Evatran Receives Huge Investment from Leading Chinese Automotive Parts Manufacturer

Evatran Group Inc., announced the completion of formalities pertaining to investment from Zhejiang VIE Science and Technology Company (VIE), which leads in manufacturer of automotive parts and is based in Zhejiang province of China.  An investment of US$1.6 million by the Chinese company, which is initial investment in the first ph...
Jun 29, 2015
 
Thompson Creek Metals Company Inc. Company Shares Reduce by -6.99%

Thompson Creek Metals Company Inc. has lost 6.99% amid the previous week and dropped 4.34% in the most recent 4 weeks. The shares are on the other hand, negative when contrasted with the S&P 500 with 6.62% loss. Thompson Creek Metals Company Inc. has failed to meet expectations the record by 4.07% in the most recent 4 weeks. Speculators oug...
Jun 29, 2015
 
Novel Way Discovered By a Hong-Kong Based Entrepreneur for Detecting Toxins

The scandal of melamine on the territory in 2008 saw six infants the die and 300,000 fell because of the toxic milk polluted with a mechanical synthetic. That, alongside the utilization of supposed gutter oil in preparation of food, has prompted such doubt in territory sustenance organizations that numerous families now search out imported item...
Jun 29, 2015
 
Self-Activating Bacteria Being Embedded to Concrete for it to Self-Heal

Of all the carbon emitters that encompass us consistently it’s not entirely obvious a standout amongst the most omnipresent which is known as concrete. The material that assembles our structures, clears our streets, and compasses our scaffolds is the most generally delivered and expended material on earth separated from water, as indicate...
Jun 29, 2015
 
Kea Petroleum to Sell its Shares to Callera Fund

Kea Petroleum the oil and gas petroleum group has reached an agreement to sell 70% of its interest to Callera Fund for £222,550. This is Kea Petroleum’s PEP51153 license and includes the Shannon prospect in New Zealand, and Puka wells.  Kea Petroleum was established in 2009 and since then has acquired diverse onshore an...
Jun 26, 2015
 
Medtronic Stocks Drop as Company Recalls Faulty Tracheostomy Tubes

Ireland-based medical equipment company Medtronic plc announced that it has been globally recalling certain batches of its pediatric and neonatal Shiley tracheostomy tubes that were manufactured by Covidien, Medtronic’s recently acquired Irish counterpart. The global recall comprises specific batches from eight product lines of the t...
Jun 26, 2015
 
Rare Metals Producer Molycorp Files for Protection against Bankruptcy

Decline in the prices of rare metals used in advanced electronics has led Molycorp, the biggest non-Chinese producer of obscure metals to file protection against bankruptcy. The company, based in Colorado, had registered a peak in its shares in 2011 with price at US$79, which provided it a market capitalization of over US$6 billion. Howeve...
Jun 26, 2015
 
Atom Approved as UK’s First Digital Lender

The Bank of England has finally showed a green light to the Atom Bank to commence its operations as a digital only lender. There are reports that Atom Bank is gearing up to tie up with Apple Pay so as to attract customers who flock to the mobile banking.  The bank has no branches and it was founded by Anthony Thomson, who is also t...
Jun 25, 2015
 
China Eliminates Cap to Boost Bank Lending

According to reports, China is about to scrap one of its most powerful tools of controlling bank. The step is intended enhance safety across bank, while subtly propelling the lending capacities.  The State Council of China said on Wednesday, that the preliminary draft underling the proposed banking law that will eliminate as much a...
Jun 25, 2015
 
Insurance Sector in China Surges through Mergers and Acquisitions

When it comes to corporate control Chinese companies continues to a force to reckon with in the global market. China has registered successful completion of cross-border deals amounting to US$53 billion in 2014. According to reports, the outbound acquisition and mergers in China will continue to remain strong during the forthcoming years. Howev...
Jun 25, 2015
 
BGI to Start New Geothermal Energy Project in Philippines

Biliran Geothermal Incorporated (BGI) is now on track to develop its next major geothermal energy project that will be based in the Philippines. According to BGI, they propose to construct a geothermal power plant in the island-province of Biliran based in the Eastern Visayas. This power project boasts a capacity of 50 megawatts and will fuel t...
Jun 25, 2015
 
Geothermal Power Development in Turkey Receives Support from USTDA

The U.S. Trade and Development Agency has awarded a grant to a Turkish joint venture that is primarily owned by the Tucas Energy Holding and BM Holding. The granted funds in a feasibility study were evaluated to have a technical and financial specifications for a project that aims to generate geothermal energy that is designed to supply 13.2 me...
Jun 25, 2015
 
China Gathering Traction in Wind and Solar Industry

China is known as one of the world’s top greenhouse gas emission contributor. However, this scenario is changing drastically, as China’s efforts to reduce their global percentage in greenhouse gas emission rate is gaining pace. When the renewable energy statistics are looked in isolation, then the sketch can be misleading picture of...
Jun 25, 2015
 
To Favor Green, Lego May Ditch Plastic

The Lego building blocks which is iconic, both for the brand name and product may soon abandon plastic. The Danish toy making company said it was looking into alternative materials that are environmentally sustainable and may lower the carbon emissions of the company. The initiative will involve investment worth US$150 million, with the company...
Jun 25, 2015
 
PolyOne Inaugurates China Innovation Center

PolyOne Corporation, the company based in the U.S. known for specialty polymer materials, customer service and solutions, is heading to China. The company has opened its new Innovation Center in China. The new unit based in Shanghai will enable collaborative innovation, speeds up application development, and accelerates speed-to-market for cons...
Jun 25, 2015
 
Australia’s Construction Landscape Reeling under Substandard Materials

The landscape of Australia’s construction is burdened with imported raw materials that are of substandard quality and are potentially putting lives and property at risk, warn leaders of the building industry. Tracey Gramlick from the Australian Windows Association (AWA) stated that non-compliant products are flooding in the market...
Jun 24, 2015
 
China’s Construction Industry shows no Sign of Recovery

The second largest producer of building equipment in Asia, Hitachi Construction Machinery Co. is widening cuts in production at its China factory in order to trim excess stockpiles since sales of construction machinery and equipment have been declining more than what was initially anticipated.  The construction industry in China ha...
Jun 24, 2015
 
China’s CITIC to Put in US$113 Bn to Construct One Belt One Road Initiative

China’s state-owned enterprise CITIC Ltd. (earlier known as the China International Trust and Investment Corporation) announced on Wednesday that its securities, banking, construction, and trust units will together be investing US$112.79 billion (over 700 billion yuans) to encourage the construction of China’s initiative “One ...
Jun 24, 2015
 
Amphastar Pharmaceuticals Share Price Raised to US$22

Research experts at BMO Capital Markets rose their target cost on shares of Amphastar Pharmaceuticals from US$20.00 to US$22.00 in a report discharged on Tuesday. BMO Capital Markets' value target would show a potential upside of 22.49% from the stocks past close. Shares of Amphastar Pharmaceuticals exchanged down 0.72% on Tuesday, hitting US$1...
Jun 24, 2015
 
ANI Pharmaceuticals Share Prices Rose to US$67

Equity research experts at Oppenheimer rose their target cost on shares of ANI Pharmaceuticals from US$61.00 to US$67.00 in an exploration note issued to speculators on Tuesday. The firm as of now has a "beat" rating on the claim to fame pharmaceutical organization's stock. Oppenheimer's objective value would show a potential upside of 5.50% fr...
Jun 24, 2015
 
Chinese Amoxicillin Producer Faces Import Ban from EU

China is a vital connection in the worldwide pharmaceutical production network as the key supplier of medication elements for the world's medication creators. In any case, the nation's boundless industry and hit-and-miss government oversight postures unique difficulties for medication controllers who over and over again find organizations there...
Jun 24, 2015
 
Controversy Stirred at Home by Indonesia's Telecommunication Project at Singapore

JAKARTA, June 2: The momentous of a telecom venture completed by Telin, a subsidiary  of Indonesia's state-run telecom firm Telkom at Singapore, started debate at home for the apprehension that it is inclined to rupture that may hazard the state's information secrecy.  Taking after the momentous of the venture situated in Juro...
Jun 23, 2015
 
Operators of Armenia’s Mobile Telecommunication Must Prepare to Progress towards Free of Cost Roaming by October 1

Mobile telecom administrators of the Eurasian Economic Union member nations, namely, Belarus, Russia, Armenia, Kyrgyzstan, and Kazakhstan) ought to have plans for move to a free roaming by October 1, 2015, cnews.ru cited Nurlan Aldabergenov, an individual from the Eurasian Economic Commission's rival and antitrust board, as saying alluding to t...
Jun 23, 2015
 
Mikme: A Superlative Audio Recorder and Wireless Microphone

Recording irregular bits of sound nowadays is simple - yet recording audio that sounds adequate to be utilized as a part of professional situations still obliges a lot of work. Enter Mikme, a convenient and portable audio recorder, that can catch top notch 24-bit/96 kHz audio with the press of a button and, most particularly, it can likewise st...
Jun 23, 2015
 
To Compete with Tencent, Alibaba Revives Koubei

Alibaba Group Holding Ltd. is bringing its contention with Tencent Holdings Ltd. to sustenance, as the Chinese e-trade goliath and its monetary member furrow almost US$1 billion into an adversary of the Ele.me nourishment requesting cell phone application supported by the last.  Alibaba is engaging adversaries for a more noteworthy...
Jun 23, 2015
 
Kurkure and Chips Clear Food Safety Test

The chips and Kurkure tests which were lifted by the Delhi Food Safety office have been discovered to be sheltered, by test reports. Chips and Kurkure were tried for a certain arrangement of parameters according to the convention of the sustenance wellbeing tests. Most bundled nourishment things went under scanner after the division discovered ...
Jun 23, 2015
 
Russia to Ban Chocolate from European Union

After Monday's expansion of EU authorizations, Russia needs to delay and extend its nourishment ban. This may incorporate blooms and chocolate, said Russian sustenance guard dog representative Aleksey Alekseenko in a meeting with Gazeta.ru.  The EU sanctions augmentation against Russia came into power on Tuesday and will stay until...
Jun 23, 2015
 
Chinese Soft Drinks Industry is Expanding for Foreign Investment

Chinese soft drinks industry is indicating fast expansion. Soft drinks are increasing in popularity and demand is accelerating. The upscale in living standards in the mainland has driven the demand for beverages such as soft drinks. Coca-Cola has observed this market development and has offered to purchase Xiamen Culiangwang Beverage Technol...
Jun 23, 2015
 
Proper Job St Astells Beer Exported to 20 Countries

The Westcountry’s beer producer St Astell Brewery is now sending its beer across the world. The beer brewery has a position on the world stage due to increasing exports of its drink. Beer from St Astell reaches Canada, Brazil, and Japan, and almost 20 countries in the world.  Proper Job and Big Job are among the beer names th...
Jun 23, 2015
 
SABMiller Looks to Expand Beer Sales in Latin America

Multinational brewing and beverage company based in the United Kingdom – SABMiller plc is figuring out how to increase the consumption of beer with meals among consumers. This effort is part of a larger plan to better sales in Latin America. More than one third of SABMiller’s earnings depend on this region.  Beer in Lat...
Jun 22, 2015
 
Coffee Consumption in US Drops owing to Single-Serve Pods

Even though Americans are reportedly spending more money on coffee now more than ever, they will be drinking less of it for the first time in six years. The single serve revolution has seemingly changed the brewing habits of the United States, which is presently the largest coffee drinking country in the world.  The consumption of ...
Jun 22, 2015
 
Energy Drinks Resilient Against Recession

According to a Canadean report, artificial caffeine alternatives, availability of a variety of flavors, and a safe spot in everyday life has given energy drinks the resilience to survive the global recession. Angela Wynne, an analyst at Canadean says that energy drinks have become a part of people’s daily routine. This could be on...
Jun 22, 2015
 
Huge Debt Issuance from Local Govt. Threatens Easing Efforts of Chinese Central Bank

Support for economy of China from the national bank has been put at danger by a surge in city security issuance that has driven up yields, undermining its endeavors to cut acquiring expenses. Intensely obliged neighborhood governments trying to renegotiate lavish obligation have issued more than 600 billion Yuan of civil bonds in the previous m...
Jun 22, 2015
 
Bankers being warned by Bank of Greece to Deal with Debts or be prepared for a Difficult Day

The Bank of Greece Chief cautioned brokers a week ago to brace themselves for a difficult day on Tuesday if the Athens government does not achieve an arrangement with lenders at a crisis euro zone summit on Monday, two senior financiers expressed.  The Governor of the Bank of Greece, Mr. Yannis Stournaras, assembled an extraordinar...
Jun 22, 2015
 
Bank Nifty Rose around 500 Points

The banking shares are experiencing a purchasing interest with the National Stock Exchange (NSE) Bank Nifty mobilizing almost 500 focuses in intra-day exchange today.  At 1245 hours, Bank Nifty was up 2.8% or 494 focuses at 18,375 contrasted with 1.4% ascent in the CNX Nifty. The banking offer list hit a high of 18,376 so far in in...
Jun 22, 2015
 
China Three Gorges Signs Deal to Employ Solar Power Technology of RayGen Resources

China Three Gorges, the renewable energy giant has signed a deal with a technology start-up firm RayGen Resources to penetrate further into the rapidly expanding solar power market in China. RayGen Technology employs two types of solar power technology and China Three Gorges aims to capitalize on this opportunity to deploy the technologies at a...
Jun 22, 2015
 
Carina Lau, Hong Kong Actress Launches Her Online Wine Store on Alibaba’s Tmall

Apart from being a popular movie star, Carina Lau has also made her presence felt as one of the leading business women in China. Her business ventures have been appreciated by her colleagues in the film fraternity. To add another feather to her cap of achievements, the actress has launched her online brand of champagne and wine. The brand is av...
Jun 19, 2015
 
Medical Device Companies May Soon be required to Submit Adverse Event Data in Electronic Form

Importers and manufacturers of medical devices are being reminded by the United States Food and Drug Administration (FDA) about an impending requirement that will need all companies to submit data reports on adverse events electronically. The move from paper to electronic submissions was finalized in February 2014 under a rule titled &l...
Jun 19, 2015
 
China Exim Bank to Finance TelOne with US$98 million

TelOne, a state-owned telecommunication company, ventures worth a few millions will be financed with almost US$98 million from China Exim Bank which government marked for last September, the organization has said.  The arrangement was started by Finance clergyman Patrick Chinamasa taking after transactions with officials from China...
Jun 19, 2015
 
The Property Market of China Displays Further Stabilizing Signs

China's property business is hinting at further balancing out, with costs in a few urban communities rising unequivocally a month ago as government measures to support interest feed through.  Of the 70 urban areas followed by official data, 20 accomplished an increment in new home costs a month ago, the most elevated amount in over...
Jun 19, 2015
 
Teva Pharmaceutical to Give Microchips Biotech US$35 Mn to Commercialize Drug Delivery Technology

Microchips Biotech announced on Wednesday its first partnership will world’s largest generic drugs maker Teva Pharmaceutical. Microchips Biotech is a spinout of MIT and is currently developing an implant meant for long term drug delivery.  Teva Pharmaceutical will be paying Microchips Biotech US$ 35 million in order to commer...
Jun 18, 2015
 
Prices of Prescription Drugs Unreasonable, say 73% Americans in Survey

A latest survey has found that a large number of Americans have faulted drug companies for making it difficult to pay for their medication owing to high prices. When the responders were asked if the prices of prescription drugs were unreasonable or reasonable according to them, 73 per cent or nearly three quarters of the respondents sai...
Jun 18, 2015
 
Experimental Drug Hopes to Become First Treatment for Dwarfism

An experimental drug improved the level of growth on children by a considerable amount, as found in a preliminary study. The drug, developed by BioMarin Pharmaceutical is looking to become the very first approved treatment for dwarfism. The findings of a study were released on Wednesday. According to the study, the 10 kids who received ...
Jun 18, 2015
 
JLR Faces Competition from Chinese copy paste Vehicles

Jaguar Land Rover, the wholly owned subsidiary of Tata Motors is experiencing stiff competition from the Chinese local manufacturers who are imitating its car models and offering them at cheaper prices, thereby making JLR lose its market share in China. According to the CEO, Ralph Speth, the copied car models in China will lead the auto manufac...
Jun 18, 2015
 
Spains Repsol Enters Indian Market

Repsol, the largest petroleum company in Spain has entered into a partnership with UAE based GP Petroleum Ltd. to double its lubricant business within a span of ten years. Last year, GP Petroleum acquired SAH Petroleum in India. Its partnership with Repsol is being seen as a move to build its position in the growing automotive lubricants market...
Jun 18, 2015
 
US Federal Court Refuses to Halt Construction of LNG Unit

A United States federal appeals court has refused to stop the construction of a liquefied natural gas export unit in the state of Maryland as it mulls a legal challenge to the approval of the project. A panel comprising of three judges of the US court of Appeals for the District of Columbia refused to pass a motion for a stay on the con...
Jun 17, 2015
 
Satellite Photos Show Visible Construction at N Korea Nuclear Site

Recent satellite photographs not only reveal visible construction work at a nuclear complex in North Korea but also show indications that the existing nuclear reactor is not completely operational, a research institute based in the United States said on Wednesday.  The Nyongbyon complex is the only publicly known nuclear facility i...
Jun 17, 2015
 
Construction Regulations Seminar to be held in S Africa

The South Africa Department of Labor will be hosting an informational session on the implementation of construction permits in terms of the latest labor regulations. The session is being held ahead of the implementation of construction health and safety professionals registration. The seminar will be held on July 9 in Boksburg, Johannes...
Jun 17, 2015
 
US Manufacturers to Enter India Only After Policy Reforms

The U.S. manufacturing industry seems to be interested to enter into the Indian markets. However, not before India introduces policy reforms to create a favourable field for all. According to Jay Timmons, the president and CEO of the US National Association of Manufacturers (NAM), the Indian government need to reform its existing policies to en...
Jun 17, 2015
 
Labour Strike Stall Manufacturing at Shenzen Plant

Shenzen Artigas Clothing & Leatherware Co. Ltd., is witnessing a strike called by the workers over a relocation plan in the southern Chinese city. The factory supplies to Japan’s Fast Retailing, the owner of the clothing brand, Uniqlo. According to the reports, hundreds of workers have joined the strike from June 8 over a relocation p...
Jun 17, 2015
 
Australia Wary of Low Quality Chinese-Made Building Materials Entering Into Market

With Australia signing a free-trade agreement with China, industry players are afraid that this would lead to low standard building products entering into the Australian market and posing safety risks. In the past, import of falsely labelled products in sectors such as wood, steel, and windows to Australian market has been seen. These products ...
Jun 17, 2015
 
Geothermal Projects in Scotland Receive Significant Funding

Around a quarter of million pounds of funding has been given to five projects in Scotland that will be involved with investigating how thermal energy stored in the ground can be used to provide heat to businesses and homes. These projects will be targeting sites such as West Lothian, Fife, Aberdeenshire, and North Lanarkshire. The proje...
Jun 16, 2015
 
Azura Device Deployed for Testing Marine Hydrokinetics

The Northwest Energy Innovations (NWEI) declared recently about it successful deployment of Azura wave energy device this month. This device was deployed at the U.S. Navy Wave Energy Test Site located near the Kaneohe Bay, Oahu in Hawaii. According to the CEO, Steve Kopf of NWEI, this is the first grid connected wave energy instrument i...
Jun 16, 2015
 
Yingli Green Energy Connects a 50MW Plant in Hebei

The solar panel manufacturing company Yingli Green Energy has recently connected their 50 megawatt capacity PV plant which is located in Hebei Province in China to the grid. This installation is one of the first and the largest power plant in the Handan City in the province of Hebei and is projected to produce approximately 54 million kilowatts...
Jun 16, 2015
 
PepsiCo to Introduce New Line of Drinks that Match Consumer Choices

PepsiCo has decided to introduce healthier drinks to keep up with current trends in the millennial generation. The Millennials are turning away from sodas and PepsiCo wants to provide them with healthier drink choices. PepsiCo is an American food and beverage company and includes 22 brands and had sales of more than US$1billion in 2014. ...
Jun 16, 2015
 
KarmaKisses New Launch TeaNow Promises Many Benefits and Added Taste

TeaNow® a new black green tea is to be launched by the Taiwan based natural foods and beverages company, KarmaKisses. The new tea delivers a solid rush of black green tea that has anti-aging and weight loss benefits.  KarmaKisses was established in 1959 and its products are sold across the world in Asia, Europe, and America reg...
Jun 16, 2015
 
PepsiCo Wins Exclusive Beverage Provider Rights in Baylor Campus

Since 1953, Dr. Pepper has been Baylor University’s official drink. The historic Dr. Pepper had been a familiar sight at football games when teddy bear mascots had displayed the drink to show football fans. The earlier drink was dispensed in vending machines and sports arenas. But the on campus beverage has changed with the times. ...
Jun 16, 2015
 
Coca-Cola Co, Monster Beverage Partnership Deal Closed

The Coca Cola Company has announced that the previously announced partnership deal with Monster Beverage Corporation has been closed.  As per the long term deal, Coca Cola acquired equity stake of an estimated 16.7 per cent in the energy drink maker for approximately US$ 2.15 billion in cash. The cola giant also transferred the own...
Jun 15, 2015
 
Starbucks’ Frappuccinos under Scanner in U.S. City

San Francisco apparently believes that Starbucks specialty Frappuccino is a sugary health risk. The city has been on a rampage to curb intake of sugary drinks by demanding that warning labels be added on billboards advertizing sodas. City officials say that the Starbucks has also come under the radar in this case.  The board of sup...
Jun 15, 2015
 
Over Half of US’s Kids are Dehydrated: Study

Over half of the United States teenagers and children are dehydrated, according to a new study by a team of researchers at Harvard. The results of the study also reveal that an astounding 25 per cent of the kids do not drink water on a daily basis. The national study was published late last week in the American Journal of Public Health....
Jun 15, 2015
 
Mybank says no to Foreign Technology

MYbank, an online bank backed by Alibaba Group Holding Ltd., has built an in-house cloud computing system which seems to be in sync with the consistent demand from the Chinese authorities to pull away from U.S. technology. MYbank is an upstart firm supported by Ant Financial, Alibaba’s financial affiliate. The firm is expected to be launc...
Jun 15, 2015
 
CEO Shuffle has Put Twitter under Pressure from Advertisers

With Dick Costolo putting down his papers amid increasing pressure from investors to expand the user base and improve on direct response advertising, the next chief executive officer will have a tough job to pacify the investors. Though Jack Dorsey is working as an interim CEO presently, industry insiders have mentioned that Adam Bain, who is t...
Jun 15, 2015
 
US Investigates Outsourcing Contracts of Software Firms

India’s largest software companies, Infosys and Tata Consultancy Services along with few other firms such as Southern California Edison, Walt Disney, Fossil, and Cognizant Technology are under the scrutiny of the U.S. government. Nasscomm has mentioned that the investigation could affect the long-term prospects of the future contracts bet...
Jun 15, 2015
 
Ghana Receives Chinese Help to Build Gas Processing Plant

Ghana will get Chinese help in developing its oil and gas industries to optimally utilize its rich hydrocarbon resources. Chinese Petrochemical Corporation (Sinopec) is planning out a long term strategy to help the West African nation. According to Mushtaq Kaloo who works as an engineering advisor at Sinopec, the company is committed to help Gh...
Jun 12, 2015
 
RBS Experiencing Rising Shares after Announcing New Sale Plan

The Royal Bank of Scotland (RBS) has witnessed rising shares on Thursday after the announcement of George Osborne, Britain’s Finance Minister that government will start selling it shares in the bank. During the annual speech for financiers in the London city during Wednesday, the minister stated that the government will start sell...
Jun 12, 2015
 
Experts Watch China Telecom’s Share Price Movement as it Shows Extreme Fluctuation

Investors and financial experts are watching shares of China Telecom Corp. Ltd. today as the stock opened the present trading session at 64.67 and at the season of composing the last Bid was at 64.79. In the present trading session the stock came to as high as 64.96 and plunged down to 64.47. China Telecom Corp. Ltd. Promotions, a NYQ recorded ...
Jun 12, 2015
 
PepsiCo is Preparing to Revive Crystal Pepsi-the 1990’s Flop Soda

It’s been above a decade since PepsiCo (PEP) launched Crystal Pepsi, which failed miserably to make a market among the consumers. The company however is now trying to resurrect Crystal Pepsi from the ashes of past and offer it to the customers in a refreshing new avatar.  Crystal Pepsi is a caffeine-free beverage which has no...
Jun 12, 2015
 
Clemson University and NREL to work on Wind Energy Testing

In a CRADA (Cooperative Research and Development Agreement), NREL, the Energy Department’s National Renewable Energy Laboratory along with Clemson University are to share their resources in development and operation of testing facilities. Furthermore, the CRADA mentions the exchange of staff for research and development and training purpo...
Jun 11, 2015
 
U.S. Solar Sector ready to Takeoff

The industrial and commercial solar power market in the U.S. has not yet taken flight when compared to its residential sector and utility-scale solar sector in the past few years. However, due to many in the solar industry, this is just a potential opportunity. The commercial and industrial sector for solar is quite strange due to many ...
Jun 11, 2015
 
China Energy Consumption at its Slowest since 1990s

The energy consumption in China has been recorded at its slowest since the 1990s, according to a report. The world’s biggest consumer of energy is now shifting its economy from heavy industry to services. This exceptionally low growth levels exhibited in energy thirsty sectors of the country has helped to drive down the growth in ...
Jun 11, 2015
 
Paytm Gearing up to get 1 million Chinese Merchants to its Portfolio

The mobile commerce industry has expanded exponentially in the last couple of years. Paytm, as we know is the latest offering in the sector of mobile banking. Backed the Chinese e-commerce giant Alibaba’s financial wing, Ant Financial, Paytm is gearing up to register one million merchants from across China in its marketplace. With this th...
Jun 11, 2015
 
Standard Bank Gearing up to Launch the First Ever Smartwatch Banking App

We live in a time when technological advances have forayed in every walk of our life. The innovation of latest smart devices has made more life more convenient than ever. Taking a step further Standard Bank is hoping to be the first of the banks to welcome the smartwatch technology. The bank is planning to release the first ever smartwatch app ...
Jun 11, 2015
 
Mobile Banking Reaches the Rural Regions of India

Two of the sponsored rural banks of the state-run Canara Bank, one in Kerala and the other in Karnataka a launched an insta-payment service in association with the National Payments Corporation of India (NPCI).  This is an innovative facility that will enable the customers of the Pragathi Krishna Rural Bank and Kerala Gramin Bank t...
Jun 11, 2015
 
Bayer Sells Diabetes Care Unit to Panasonic for US$1.13 Bn

Japan based Panasonic Healthcare Holdings Co. Ltd will be purchasing the diabetes care unit belonging to German pharmaceutical group Bayer AG. The US$ 1.13 billion deal was announced on Wednesday.  The deal between Bayer and Panasonic Healthcare is anticipated to be finalized in the first quarter of next year, Bayer announced. Pana...
Jun 11, 2015
 
Number of Americans Visiting the Doctor’s Office on the Rise

An increasing number of Americans are visiting the doctor’s office. This has, in turn, aided the growth of the health care services industry in the United States and also supported the growth of related exchange traded funds. The SPDR S&P Health Care Services exchange traded funds year to date rose 12.4 per cent, while the iSh...
Jun 11, 2015
 
Healthcare Spending in US up by 7% Thanks to push from Hospital Sector

The amount of funds invested in the health care system in the United States is rising at a much faster rate than was predicted, as per data revealed by the U.S. Census Bureau for the first quarter of this year. The Quarterly Services Survey by the Census Bureau is considered to be one of the most precise presentations of the United Stat...
Jun 11, 2015
 
A Vital Element, Which is Fun, Lacking in Hong Kong’s Early Childhood Education

A long wait for free kindergarten educating has at last been tabled by a government named advisory group, stirring quite warmed exchange about kindergarten sponsorships and voucher frameworks, instructor preparing and compensation range. Other than exchanging information, the most essential component of training is engaging understudies...
Jun 10, 2015
 
Education Structure Only Registers to Solve the Poverty Rate of Savannah

The way out, without enactment, to persuade organizations to pay more for insignificantly talented workers is to make those specialists rare.  WalMart serves as an illustration. As more individuals looked for some kind of employment, the quantity of individuals willing to work for WalMart's wages declined to the point that they wer...
Jun 10, 2015
 
The Report Deadline Extended by the Education Funding Commission of Pennsylvania

The state Basic Education Funding Commission, which is accused of adding to a reasonable financing equation for Pennsylvania, needs more opportunity to complete its report.  As indicated by the legislative activity that made it, the 15-member commission was to have delivered a report by today. Be that as it may, Tuesday evening, th...
Jun 10, 2015
 
Injectable Electronics capable of melding with the Brain

A flexible electronic mesh was injected into the brains of mice to evaluate their neurological activity. Very impressively, these electronics are inserted using a needle that a diameter of 0.1 mm, but is capable of safely unfurling around 30 times that size in one place without causing any damage to the brain. According to Charles Liebe...
Jun 10, 2015
 
Soli from Google can Interpret Finger Movements

The ATAP (Advanced Technologies and Projects) group from Google is a regular participant when it comes to the innovative tech project and is now presenting Soli. Soli looks like a chip, but is in fact a radar with a potential to record finger movement and interpret them to allow interaction with a connected device such as a smart watch. ...
Jun 10, 2015
 
China will Conduct Testing on its Domestically-grown Chips

In a bid to challenge the foreign makers of chip, China will soon start conduct testing on their home grown chips. The government in China will soon start the test of chips that have been embedded in identity cards and passports and also focus on replacing the chips that are currently bought from foreign companies. The Ministry of Pub...
Jun 10, 2015
 
China Pavilion at Milan Expo Displays the Rich Food Culture of China

Milan Expo is one of the most celebrated events to be hosted annually, and China is one of the most prominent participants in the event. The China Pavilion at Milan this year is spread over four thousand and five hundred (4,500) square meters. The pavilion showcases the China’s contribution to the world in terms of agricultural produce, e...
Jun 10, 2015
 
Agri-Food and Veterinary Authority Allows to0 Resume Maggi Sales in Singapore

It was only last week that following the row over Maggi noodles in India, the food regulator in Singapore had asked the retailers to stop selling the product. However, after week the food regulator of Singapore has declared Maggi noodles, those which were imported from India are not risky for health. This indeed has brought some respite to Nest...
Jun 10, 2015
 
Silicon Valley Has Ventured to Resolve the World’s Food Crisis

It is not possible for one to think about food and technology at the same time. However, it cannot be denied either that the technology has played a significant role in shaping the food world. Whether it was innovating the modern techniques of irrigation or promoting farming from the days of oxen-led plowing to modern harvesting methods based o...
Jun 10, 2015
 
Full Renewable Energy System can Work for Finland

A fully renewable energy system that features all the energy consuming sectors is possible and viable solution for the country Finland, states a new research. The researchers based at LUT (Lappeeranta University of Technology) have investigated in the options for renewable energy systems in the nation till 2050. The results show that a fully re...
Jun 9, 2015
 
Homeowners Requested to Upgrade to Green Energy

Several homeowners based in the inner city are presently making the transition from the traditional fuel supplier to renewable/greener alternatives, states Green Square that is one of the leading renewable energy firms in the United Kingdom. Nonetheless, according to the recent-most application statistics from the Renewable Heating Ince...
Jun 9, 2015
 
China’s Green Initiatives Producing Tangible Results

China is the world’s fastest growing economy. Besides, known for this China is also known as the world’s worst environmental offenders for several years. However, this scenario is changing and the whole situation for China can change a lot sooner than it is expected. According to new recently released study from the Grantham...
Jun 9, 2015
 
Florida Healthcare Department Recruits Military Veterans

Florida is home to more than third of military population in the United States. Owing to facilities available in state, Florida has always attracted military veterans who seek to live in a comfortable tropical countryside after their retirements. To aid the military veterans and to ensure that they remain economically independent, the Departmen...
Jun 9, 2015
 
Alibaba Group Holding’s Private Fund Agreed to Invest 200 million Yuan In Chinese Medical Device Company

The Alibaba Group Holding is the most celebrated name in the ecommerce industry of China. The founder of Alibaba Group Jack Ma aims to build an invincible online empire that would help consumers access and fulfil every requirement by a simple tap of finger or click of a mouse. After venturing in different industries across the country, the Alib...
Jun 9, 2015
 
Eight New Cases of MERS Reported in South Korea

The health ministry of South Korea announced on Tuesday that eight new cases of MERS was reported in the country. With this the total number of patients infected with MERS increased to 85 while the number of new cases reported daily dropped significantly from 23 on Monday.  The ministry also declared the news of a patient who was d...
Jun 9, 2015
 
Daily Consumption of Sugary Drinks Could Lead to Fatty Liver Disease

Drinking sugary drinks as a daily habit can have an adverse effect on the liver, claims a new study, stating that it could lead to non alcoholic fatty liver disease or NAFLD.  Researchers at Tufts University examined 2,634 self reported dietary questionnaires from middle aged women and men of Caucasian race who enrolled themselves ...
Jun 8, 2015
 
Replacing One Serving of Sweetened Beverage per Day with Unsweetened Tea or Water Reduces Risk of Type II Diabetes: Study

For every 5 per cent rise in an individual’s total intake of energy provided by sweetened beverages such as soft drinks, the risk of getting type II diabetes may rise by 18 per cent, states a new research published by Springer in the journal of the European Association for the Study of Diabetes. The study published in Diabetologia...
Jun 8, 2015
 
Tea, Other Beverages Hope to Take Advantage of Decline in Alcohol Consumption

A substitute for alcohol has arisen from a rather unlikely source – tea. This offer in the market is changing in accordance to this trend, states market researchers at Mintel.  A mighty two thirds of tea consumers in the United Kingdom believe that tea is a right substitute for alcohol as an evening drink. This means that the...
Jun 8, 2015
 
China & US Investment Treaty: All is Not Well!

China is expected to start talks with the United States to exchange demands for an investment treaty. The treaty between the two largest economies of the world will help to list down the sectors that each side considers to be closed for the investors from the other side. Compared to the U.S. government, the Chinese government has put more restr...
Jun 8, 2015
 
Chinese Railway to Help India Bolster its Railway Network

China has a suggestion for its neighbor India: Start bullet trains and raise the speeds of trains on existing tracks. According to the deputy chief engineer of the China Railway, Zhao Guotang, both the nations face the same issues- large territorial area and population more than a billion. Zhao mentioned to an Indian delegation that upgrading t...
Jun 8, 2015
 
Apple Focusing on Music Streaming Service

In 2003, technology giant Apple changed the way music lovers listened to their favorite songs. Its iTunes replaced the plastic discs with digital downloads. Now, Apple wants to lead the path with its new, paid-streaming music service, to be launched this summer. Industry analysts mentioned that Apple has been working to launch its own service a...
Jun 8, 2015
 
St. Jude Medicals Neuromodulaton Trial System receives CE Mark

International medical device company St. Jude Medical Inc. on Thursday announced the approval of CE Mark and the launch of the St. Jude Medical Invisible Trial System in Europe. This is a wireless and application based neuromodulation programming system that leverages the Apple iPad mini and iPod touch technology. Similar to other Apple product...
Jun 5, 2015
 
China to Permit Health Insurance Claims for Private Hospital Visits

The Department of health in China is all slated to allow patients to claim health insurance for visits made to private hospitals, as commented by the main administrative authority. This is the last mark from Beijing which will ease pressure on the overburdened public health care system of the country. To satisfy the diverse health care ...
Jun 5, 2015
 
Harley-Davidson’s Electric Bike to Launch after a Few More Years

Harley Davidson has been displaying its first electric motorcycle part of the Project LiveWire for almost a year now. The prototype of the electric motorcycle from Harley Davidson was on promotional tours in the United States to collect feedback from riders. The firm has not in the past mentioned the launch dates for this electric bike, but has...
Jun 5, 2015
 
Volkswagen to Drive EV Output in China

Volkswagen, the German automaker has recently inked a deal with the Chinese joint venture partner called SAIC Motor in order to expand their primary Shanghai Volkswagen (SVW) plant based in Antin for production of electric vehicle in China. This deal was finalized between the China president of the Volkswagen Group and the President of ...
Jun 5, 2015
 
Chinese Semiconductor Industry Magnate Zhao Sees Industry in a Bubble

The chairman of Tsinghua Unigroup Ltd., Zhao Weiguo is of the opinion that the semiconductor industry is inside a bubble since the stock market boom in China. He feels that many of the country’s chipmakers are too expensive due to the intense competition.  China’s Tsinghua University’s investing department has dec...
Jun 4, 2015
 
Beats Pill XL Speakers Recalled by Apple due to Defects

Apple is intentionally pulling out approximately 222,000 of its Beats Pill XL speakers in U.S. after getting reports about battery burn out and overheating in 8 instances. In Canada, Apple has recalled portable capsule shaped speakers, approximately 11,000 numbers, according to a statement from Consumer Product Safety Commission. There ...
Jun 4, 2015
 
Huawei Honor Announces Its Entry in Indian Market, Partners with Retail Chain Brand Sangeetha

China-based handset creator Honor, an autonomous Smartphone mark under Huawei, today declared its entrance in the Indian retail advertise. It is known that that Honor has effectively picked up customers in the nation through its online deals partnering site Flipkart.  To further fortify its vicinity in India, Honor accomplices with...
Jun 4, 2015
 
Decline in Trade Deficit Hampers Retail Sales in Australia

The retail sales in Australia was stagnated and the exchange shortage of the nation smothered to a record in April, in a test to a national bank attempting to goad a monetary recuperation.  The money drooped a large portion of a U.S. penny as deals were minimal transformed from a month before, when they climbed a downwardly updated...
Jun 4, 2015
 
Increased Retail Activities Boosts Retail Sales at The Woodlands Mall

From cupcake stores to ladies' attire, retailers are keeping on springing up around 'The Woodlands Mall'. The expanded retail action gives territory occupants more than simply shopping and excitement alternatives. Assessments created from retail exchanges have kept on generating a developing stream of income for The Woodlands Township. More dea...
Jun 4, 2015
 
GM Sales Drop Even After Slashing Prices

The sluggish Chinese economy has hit General Motors for the second month in a row with further dip in the sales figures. China has been the automotive giant’s largest market. However, even the rate cuts on 40 models under Cadillac, Buick, and Chevrolet brands have not helped the car manufacturer’s business in China. Last month, GM a...
Jun 4, 2015
 
Harman International takes Over Bang & Olufsen Automotive

Harman International Industries, a leading global infotainment, software, and audio services firm based out in the U.S. has acquired the car audio business of Bang & Olufsen. The branded audio products of Bang & Olufsen are widely used across in the car models of international automotive brands such as Aston Martin, Audi, BMW, and Merce...
Jun 4, 2015
 
Arcelor Mittal Focuses on Automotive Sector

The world’s leading steel and mining company, Arcelor Mittal, is focusing on building its global automotive steel franchise and working on its research and development capabilities. The company hosted an investor event in London for the same. The leading steel company recently signed an agreement with the Steel Authority of India regardin...
Jun 4, 2015
 
China Housing Industry on the Path of Revival

China’s housing industry finally seems to be on the path of revival, market figures show. The 7 per cent hike in national property sales in the month of April was the first growth over the last 15 months. Prices for the 100-city index by Soufun stepped into positive territory in the month of May as well, thanks to the effect of recent mon...
Jun 3, 2015
 
Construction Expenditure in US Jumps

Construction spending in the United States spiked in the month of April to the highest level since the May of 2012, that is, in nearly six and a half years, with outlays rising on a broad scale. This indicates that there are still some strong pockets in the US economy.  The Commerce Department on Monday said that construction expen...
Jun 3, 2015
 
Israel Construction Co to Expand into Southeast Asia

Danya Cebus Construction, based in Israel, is planning to expand into Southeast Asia by establishing a 49:51 share joint venture with Thailand based Major Development Plc. The targeted value of construction projects is pegged at Bt3 billion to Bt5 billion annually. TMDC Construction Co, the joint venture, has a registered capital of Bt100 milli...
Jun 3, 2015
 
US Manufacturing Sector Witnesses Positive Growth

First time in the past six months, the growth of the manufacturing sector in the U.S. has showed positive sign. The manufacturing index registered the highest reading since February, and rose to 52.8 last month. The manufacturing sector has been fuelled by new orders coming in and the companies hiring more manpower. Increased factory activity p...
Jun 3, 2015
 
Positive Manufacturing Data Raises Hopes for Iron Ore Industry in China

Positive Chinese manufacturing data has brought respite to the Australian iron ore companies such as Rio Tinto and BHP Billiton. It has been a bad year for iron ore companies with prices dropping down to US$50 per ton in the last couple of months. Though the manufacturing data has not been excellent, the positive figures indicate rise in steel ...
Jun 3, 2015
 
Indian Government makes Another Move to Attract Foreign Firms to Enter Defense Sector

The Indian government is trying to lure private companies to the defense sector. In its latest attempt to attract private capital in the sector, the government has withdrawn the customs and excise duty exemptions enjoyed by the state-owned companies involved in the manufacturing of the defense goods. The latest move will affect the Ordnance Fac...
Jun 3, 2015
 
Pesticides Found in Tea Products from Popular Product Store Chains

were found in the products of two popular tea store chains. These revelations were part of a chain of events leading from a pesticide scare from another beverage store that dealt in teas.  Taipei’s government department for health found 35 tea products out of 44 products containing pesticides though 32 had amounts within regu...
Jun 2, 2015
 
Possibility of Prostate Cancer Prevention by Drinking Green Tea

Numerous studies have revealed that green tea is the healthiest beverage to drink since it benefits the heart, helps in preventing diseases related to ageing, and improves sight. Originally from China the beverage is obtained from the camellia sinensis plant species. The main difference between black and green teas are that green tea is process...
Jun 2, 2015
 
Technical Advances to Make Wind Power Workable Worldwide

Wind power is many a times described as relying on mature technology and in several context this is appropriate. However, today many well-known wind farms in the Europe and the United States are generating electricity at a lower cost compared to coal. Nevertheless, the several difficulties associated with wind energy generation remain. The way ...
Jun 2, 2015
 
Upcoming Initiative to Make Solar and Wind Energy Cheaper

Making wind and solar energy available at a price lower than that of new coal in next 10 years has just been announced at the Global Apollo Programme to Combat Climate Change, which was initiated by the scientists and economists in the United Kingdom. This program is expected to be remodeled on International Technology Roadmap aimed for...
Jun 2, 2015
 
Investment over Renewables in China Grow over 30%

China has invested around US$90 billion in several renewable energy projects in the nation in the year 2014, which is a growth of around 30 per cent on the previous year, according to a detailed report analyzing the country’s energy sector. This spike in investments was unveiled in a report by the United States government’s ...
Jun 2, 2015
 
Columbia Pacific Management Enters the China Orthopedic Healthcare Service Market

One of the largest healthcare providers in Asia, Columbia Pacific Management after having 28 hospitals across India and Southeast Asia and three other senior care facilities in China, has announced earlier on Tuesday its plans of officially foraying the hospital market in China. To begin with Columbia Pacific Management will invest in a 200-bed...
Jun 2, 2015
 
Partner HealthCare Invests in Consolidating Electronic Records

Partners HealthCare is known to the world as a leading entity in the Boston-area hospital network. With an aim of upgrading its operations Partners HealthCare has consolidated several electronic health record systems. The step has been taken to ensure that every patient is connected with a single set of data across the facilities and specialtie...
Jun 2, 2015
 
Virtual Homes Intended to Help Prepare Patients to Take Care of Themselves After they Return Home

The room practically rotates. You can simply stand there to witness the walls, furniture, and shelves circling before your eyes. The bed that the room has is decorated with throw pillow passes. The kitchen is not stoic either, it approaches. You need not walk to the kitchen to heat your food in the microwave, since the microwave juts out of a s...
Jun 2, 2015
 
Healthy Eating can Increase Life Expectancy for Prostrate Patients

Men that are affected with prostate cancer can greatly reduce their chance of dying from the condition if they continue to eat healthily after the diagnosis, according to U.S. study. People who follow a western diet that contains a lot of processed and red meat, refined grains, and fat were around two and half times more likely to die f...
Jun 1, 2015
 
Scientists say High-carb Diet can help to lead a Long Life

For years we have known that high-protein, low carb diets are supposed to help to maintain weight, improve muscle mass, and reduce weight. However, a contradictory study revealed recently shows that high-carb diet could actually help to increase your life expectancy. A diet that is low in protein and high in carbs could be as good the h...
Jun 1, 2015
 
KFC Experiencing Gradual Slump in China Market

The lack of innovation along with other issues has been the main reason why the fast food chain KFC is experiencing a gradual slump in China, according to the Shanghai’s CBNWeekly. The United States giant in food and beverages Yum! Brands that own the KFC brand witnessed a 4 per cent slump in the global Q1 revenue and a 9 per cent...
Jun 1, 2015
 
DNA Research Surfaces Course for Self-Replicating Materials

The likelihood of designing self-duplicating nano-materials has developed because of examination into DNA (deoxyribonucleic acid), a self-reproducing atom whose particles’ parts – nucleotides, have particular substance collaborations that consider the configuration of self-amassed structures.  In organic frameworks, DNA...
Jun 1, 2015
 
168 Chemicals Regularly Put by American Women, on their Bodies

American ladies put almost 168 chemicals on their bodies consistently, as indicated by a non-benefit wellbeing support gathering called the Environmental Working Group (EWG). The chemicals used by the ladies are found in about 12 regular, individual consideration items.  Men were found to utilize less items; notwithstanding, they n...
Jun 1, 2015
 
Zimbabwe and China Trade Shrunk to 43 Percent

Trade amongst Zimbabwe and China, one of the nation's biggest trading accomplice contracted 43 percent in the first quarter contrasted with the same period a year ago.  Two-sided trade between the two nations came to $360 million amid the first quarter, as per China's Economic and Commercial Counselor's Office in Zimbabwe.  ...
Jun 1, 2015
 
India and China Gearing Up to Rival the Industrialized Nations in Manufacturing

While many would think that recent development strategies in the manufacturing sector adopted by India and China reaffirms the history of rivalry between the two economies, industry experts however, have a completely different perspective.  It’s been only a couple of months since Prime Minister Narendra Modi divulged the &ldq...
Jun 1, 2015
 
Manufacturing in Apple’s Cork Continues, Propelled by Technological Advances and Innovation

Visiting an Apple owned manufacturing facility can be a bewildering experience even for the leading industry experts. The most common site that you notice is a human working in collaboration with machine to build the most innovative products which is destined to be available for purchase around the world. Europe, although is one of the most luc...
Jun 1, 2015
 
Shenzhen Rolls Out Policy Keeping China’s Goal of Becoming a Global Manufacturing Superpower in Mind

According to a recently published report, Shenzhen Everwin Precision Technology Co. Ltd. located south China has travelled a long way to transform its labor-intensive manufacturing technique into a capital-intensive one. The process earlier had 650 workers, who were continuously engaged in manual grinding to manufacture smart phones of latest t...
Jun 1, 2015
 
Low Oil Prices Slow Down China’s Path to Energy Conservation

China has saved billions of dollars in import due to low oil prices. However, energy experts are of the opinion that the same fact has posed issues for Chinese leaders in terms of their assurance of cleaning up the environment. China has a reputation for being the worst greenhouse gas polluter globally and wants to clean up this tarnish...
May 29, 2015
 
Teapot Refineries Boost China’s as Leading Importer of Oil over U.S.

Teapots have given China the leading edge over U.S. as the largest importer of crude oil globally! China uses refiners named as teapots to process crude and these are set to increase since they constitute a third of China’s processing space.  These teapots are increasing as according to the new regulations there will be need ...
May 29, 2015
 
Great Potential are Expected in China and India From Private College Counseling Companies

In the recent years, the use of private companies for the purpose of college counseling has grown tremendously, especially in India and China. In these countries, admission to study in the American universities has become very much competitive. UChicago, which is presently ranked in the fourth position in World & News Report of the U.S, and...
May 29, 2015
 
England's Biggest Retailer Sports Direct rose by 3.5%

Solid ascents for retailers Kingfisher and Sports Direct restricted misfortunes in Britain's top offer list on Thursday, which was thumped by powerless mining and money related stocks.  England's biggest brandishing products retailer Sports Direct rose 3.5% after it raised its entire year income and benefit viewpoint, referring to ...
May 28, 2015
 
Retail investors Projected to buy Equities Valuing US300 billion in Coming 10 Years

Retail speculators, who had played Judas on values after the 2008 budgetary emergency, are continuously warming up to the value markets, say specialists. Retail cash is moderating thinking that its way over into the business sector through the shared store course, they say.  The quantity of dynamic speculators on stock trades has b...
May 28, 2015
 
Walmart China Launched Mobile Site for Shopping

Walmart China has introduced another suite of versatile centered arrangements as it looks to make a consistent online to be logged off retailing background. These incorporate a Walmart-To-Go application, in-store snap and gather administration and m-installments.  The new O2O (online to disconnected from the net) activities are fir...
May 28, 2015
 
Peugeot Eyeing India Market

Peugeot, the second largest car manufacturer in Europe is eyeing for a comeback to Indian market. India is expected to become the third largest automotive market by 2020, with staggering annual sales of 5 million automotive units. According to the reports, the parent company PDA Group is testing the waters in India and has commissioned a study ...
May 28, 2015
 
Nissan to Increase Domestic Sales in India

Nissan Motor Co is looking out to increase its market share in India. The Japanese automotive manufacturer is focusing on increasing domestic sales in the country and reach parity in domestic sales and exports from the country within a span of five years. According to the president of Nissan India, Guillaume Sicard, the auto company aims to get...
May 28, 2015
 
Tata Motors Affected by Slow Chinese Growth

With the Chinese economy facing a slowdown, the demand for luxury cars has hit the bottom. This has directly affected Tata Motors with its Jaguars registering poor sales figures. The Indian automotive firm’s shares dropped by 5% yesterday, after it released its reports for the fourth quarter in which the company’s net profit has red...
May 28, 2015
 
China’s Issues Guideline Documents to Boost Energy Efficiency of Power Generation

The Chinese government’s issuing of four documents related to energy reform has boosted the nation’s initiative for cleaner power saving grid. These documents that originated from different ministries provided guidelines for much needed improvements in the operations of the world’s biggest utility. Upgrades that were underline...
May 27, 2015
 
Energy Industry Leaders Push for New Global Guidelines to Deal with Carbon Emissions

World dignitaries in the energy industry have pushed for signing of a patent agreement by world governments on greenhouse gas emissions, at a crucial Paris conference in December. They have stated that lack of clear directions or long term goals has hampered the industry’s progress.  The World Energy Council (WEC) represents ...
May 27, 2015
 
New Semiconductor-powered Monitors from Nordic to Detect when Users Asleep

A new method of preventing a blinding condition that is a result of diabetes has been discovered by scientists. This condition tends to block a second blood vessel growth protein. Diabetes related eye conditions occur when the normal vessels of the eye tend to get replaced after certain duration with leaky, abnormal and weak blood vessels which...
May 27, 2015
 
Laser Sealing Eye Blood Vessels to Save Central Vision

The firm Nordic Semiconductor recently announced that the contract design company called Ginshell/Hangzhou Technology from China is using their Nordic nRF51822 Systems on Chip or SoCs. This technology provides the Bluetooth Smart synchronization wirelessly to smart phones and other portable handheld devices in what the firm Ginshell claims to b...
May 27, 2015
 
Driverless Car from Audi to Soon become Reality

The newly tweaked car from Audi has made its debut at CES (Consumer Electronics Show) in Shanghai this week. This car has all the expected statistics of a super electric vehicle care which will be able to achieve a top speed of around 250 kilometers per hour, even though it has electrically powered engine. Nonetheless, this new re-vamped car ca...
May 27, 2015
 
Public Service Will Be Hit by Half Day Strikes in June

Half-day strikes are situated to hit federal government divisions in June as the pay question between the Abbott government and its public servants drops into a stalemate.  The fundamental public sector union said on Wednesday morning that it would venture up its modern activity in June, after the calm battle it had sought after, s...
May 27, 2015
 
Public Sector Sustainability Was Held Back By Short- Termism and Funding

An absence of subsidizing and a fleeting methodology is keeping the UK open division from appreciating the vitality proficiency increases of brilliant advancements, yet these impediments could undoubtedly be succeeded.  That is as per new research by GE Lighting and the Carbon Trust, who overviewed 164 manageability experts from pu...
May 27, 2015
 
IMF States That the Currency of China is No Longer Underestimated

The International Monetary Fund has proclaimed that that the currency of China is no longer underestimated denoting a huge move after over 10 years of feedback of Beijing's tight administration of the renminbi.  The move adds up to a noteworthy vote of trust in Beijing and the renminbi at a basic time. It likewise puts the IMF inco...
May 27, 2015
 
UK Scallop Dredges’ Foremost Wireless Monitoring System

Notus Electronics Ltd., a very old dealer in the UK, on the west shore of Scotland, launched the Dredgemaster on the FV Vikingborg via Mallaig. A great part of the data underneath came about because of the priceless suggestion given by the Billy Symmonds, the Captain, recorded after a 3 day fishing vacation. The wireless monitoring system devel...
May 26, 2015
 
Promotional Options Offered by the U.S. Wireless Carriers to Allure Customers

The wireless carriers in the U.S. have been attempting to awe the U.S. buyers with their new arrangements and the two celebrated opponents T-Mobile US Inc. (TMUS) and Sprint Corp. (S) were the first to tempt new supporters amid this Memorial Day weekend. The arrangements coasted by both these bearers were tantamount as they went for enhancing t...
May 26, 2015
 
The New Samsung Galaxy S6 Edge, Branded by Avengers Says 'I Am Iron Man’

In the titanic battle that debilitates to change the substance of our planet perpetually — the cell phone fanboy wars, Tony Stark has picked a side. Samsung has co-picked Stark's Iron Man veil and shading plan, utilizing both on another restricted version adaptation of its Galaxy S6 Edge cell phone. The model, which comes as a component o...
May 26, 2015
 
Broadband Beleaguered on Numerous Fronts

The provincial broadband duty included in Budget 2015 has been censured by both Labor ICT representative Clare Curran and the Telecommunications Forum. Indeed, even as Ms Curran was anticipating a quick value trek for web and phone associations crosswise over New Zealand, Spark overseeing executive Simon Moutter was reporting that the informati...
May 26, 2015
 
Innovel Beverage Can Coatings Introduced by PPG

PPG Industries Inc., the beverage can packaging business announced the introduction of new range of coatings that match contemporary requirements for beverage cans. The new generation coatings named “Innovel HPS” will be showcased in Guangzhou, China from June 1 to 4 at Cannex & Asia Pacific. The new coatings feature mod...
May 26, 2015
 
Suntory Beverage & Food Ltd to Take over Japan’s Tobacco Inc’s Beverage Vending Business

Japan’s Tobacco Inc’s beverage vending business is being bought over by Suntory Beverage & Food Ltd for approximately 150 billion yen ($1.2 billion). Suntory’s goal is to grow as Japan’s topmost beverage company in five years. Suntory is based in Tokyo and is involved in domestic and international food and no...
May 26, 2015
 
Loan worth US$216 Mn Received by Uruguay for Wind Power Projects

Uruguay has announced a target to source around 90 per cent of their total electricity needs from the renewable sources by end of 2015. At present, the country is on track to achieve their target, especially considering that the country’s national Energy Director declared that the 84 per cent of electricy consumed was from renewables. ...
May 26, 2015
 
Digital Twin Wind Farms Launched by GE

The firm GE Renewable Energy has issued the details of their new digital wind farm concept. According to the details, this farm would make wind energy production around 20 per cent more efficient. It will also create around US$100 million in extra value which is over the lifetime of a facility with capacity of 100 mega watts. This conce...
May 26, 2015
 
Stringent Building Assessment Adopted by HK to Save Energy

Even more strict assessment of the upcoming building will be done by the council in Hong Kong for green building. These new regulations will be introduced in the year 2017, as the city continues to save energy by following up with the blueprint issued by the Environment Bureau previously this month. New buildings in Hong Kong are define...
May 26, 2015
 
China Soon to Overtake US in Consumer Electronics: says Shapiro

When it comes to consumer technology, China promises to emerge in a big way in 2016. The leading manufacturers in the country are on a cusp of surpassing the United States facilitated by the strong local purchasing power and the robust innovation, as told by a top executive from one of the leading companies in China at the inaugural event of th...
May 25, 2015
 
Even After 100 Years, Diamond Manufacturing is the Largest Metal Perforators in North America

It’s been a 100 years since Diamond Manufacturing began its operations of perforating heavy steel plants for the industry of coal mining in Wyoming. Diamond Manufacturing at present has emerged as the largest and one of the leading metal perforators in North America, which exhibits a capacity of processing over 100 million pounds of steel...
May 25, 2015
 
CSIRO Opens the Gate of its 3D Printing Center on Monday!

CSIRO recently has declared its plans of opening a new innovation center. The operations of this unit will be dedicated to accelerate the adoption of 3D metal printing and other additive manufacturing technologies in the industry.  The center will worth US$6 million and will be known by the name of Lab 22. The operations of the fac...
May 25, 2015
 
Contact Energy to Pay Special Dividend to Shareholders

The shares of Contact Energy went up by more than 12% on the news, which stated that the shareholders will be getting a big 50 cents per share as a special dividend in the next month. On Monday morning, the share of Contact Energy in the initial leaped around 80c to $6.34, before closing at $6.23, just after Contact got away from their potentia...
May 25, 2015
 
China is Planning to Expand Their Nuclear Energy Capacities

China's aim is to double their nuclear power capacity by the end of 2020. For this aim they will have to prominently reduce their reliance on coal, which presently supplies around 70% of their energy requirements but with the obvious costs of environment. The re-start of this specifies billions of dollars in the potential recent business for Ch...
May 25, 2015
 
Sweden to Move Its Whole City to a New Location

In order to cope with the growing needs of China for raw materials, the mining town that is 90 miles to the north of the Arctic Circle is expected to be the cutting-edge Tomorrowland, as it is getting ready to move the residents, buildings, and also wooden church that is at least a century-old to a new location, which will be some miles away. ...
May 25, 2015
 
Top Banking Regulator of China Warns of Credit Risk

The Chief banking regulator of China has warned of the increasing credit risk from the Chinese real estate market, the local government debt, and the modern forms of finance, emphasizing on the struggles of Beijing to avoid risky debt from overcoming a stuttering economy. According to a speech by Mr. Shang Fulin, the chairman of the Chi...
May 25, 2015
 
Deutsche Bank Cash on trend but to Little Benefit

European banks have spent the years since the financial crisis distancing them from investment banking. Encouraged by regulators and tighter rules on everything from capital to leverage, bosses have emphasized their more down to earth activities. Anything involving risky securities has been slimmed - or closed outright. Many have simply...
May 25, 2015
 
Voice Password Facility for Phone Banking Rolled Out by ICICI

India, largest private lender ICICI Bank on Monday said it has launched a service where customers can make transactions using just their voice, without using other means of authentication like a password. The voice recognition service authenticates customers based on their speech patterns and allows them to execute banking transactions ...
May 25, 2015
 
China to Spend US$70 billion to Speed up Internet in Rural Areas

The government of China stated today that it would invest US$70 billion in order to speed up the Internet and expand the broadband access in rural areas in the country by this year, as the nation tries hard to fuel the growth by setting free the potential of its over 648 million web subscribers. According to the guidelines issued by the...
May 22, 2015
 
New Cloud Banking Platform Introduced by Capegemini

The sixteenth Temenos Community Forum that is Capegemini is at present one of the world’s foremost providers of technology, consulting, and outsourcing services. The firm has revealed a new cloud based platform solution which delivers highly differentiated experience led banking for superior quality customer transaction. This new ...
May 22, 2015
 
China's Construction over Disputed Islands Been Denounced By Senators

A group of bipartisan senators announced enactment on Thursday to censure China for development on islands asserted by a few countries, and asked an answer for the regional standoff.  China has been forcefully building structures and offices on the Spratly Islands, infringing upon universal law, as put by John McCain (R-Ariz.), Sen...
May 22, 2015
 
Dow Chemical Announces Sustainability Goals

Dow Chemical announced a set of seven sustainability goals through which the company aims to bring positive changes in the lives of 1 billion people and achieve cost savings worth US$1 billion. According to Neil Hawkins, the company’s corporate vice president and chief sustainability officer, the chemical giant wants to focus on finding i...
May 22, 2015
 
Consumer Goods Purchase information of US Rolled Out on Friday

The Core CPI and the US CPI reports rolled out on Friday showing the percentage change in the price for goods and services purchased by the consumers. The Core CPI is a bit different as it excludes energy and food in the final number. The consumer prices compose the bigger chunk of the overall inflation. The traders are watching this ow...
May 21, 2015
 
Outlet Prices Beaten By Retail Markdowns

Multiple chains have less expensive apparels in their regular stores. For instance, American Eagle Outfitters Inc. was selling jeans for women for US$29.97 during the 1st weekend of February in Philadelphia, which is 20% less than the similar jeans in its outlets, as stated by the consulting firm named Haynes & Co. The cheapest sweater at r...
May 21, 2015
 
Alibaba’s CEO to Hold Chairmanship at Intime Retail Group

Mr. Daniel Zhang, who was appointed as the CEO of Alibaba Group in the early May, is going to become the new chairman of Intime. Rumors about Alibaba injecting more internet components into Intime has raised stock price of the retailer in no time. Shares of Intime raised 20% on Monday after the firm announced the appointment of the chai...
May 21, 2015
 
Limitations to Buy Several Types of Foods Declared in the Wisconsin Bill

The State Assembly of Wisconsin’s has given an approval on a legislation in the previous week, which puts in some new regulations and rules regarding what food stamps recipients may be purchased with the advantages and benefits. The Assembly Bill 177 will be limiting some of the types of food, which can be purchased using the FoodShare, t...
May 21, 2015
 
Oregon Bangs Seventh Position for Being the Most Food Friendly State

As per a research study, which was held by a global network for location-based shopping information, Retale, Oregon has been tagged as one of the nation's most food-friendly states. The research study has witnessed at the diversity of the food carts, restaurants, and farmers markets in every state, along with the diversity and accessibi...
May 21, 2015
 
Food Union Finally Succeeded to Ship its First Ice Cream Container to China

According to the sources, the first container of Food Union, which has a quantity of around 10 tons of ice cream, has finally been shipped. The mentioned container will be getting shipped from Riga to Hamburg, and then later from there it will be shipped to Shanghai. In the Chinese city of Shanghai, the ice cream will be made available ...
May 21, 2015
 
Turkey Identified as one of Hottest Global Healthcare Markets

Fueled by private investments and reforms, the healthcare market in Turkey is rapidly emerging as one of the hottest markets around the world. The healthcare expenditure in the country has doubled over the past 10 years. This figure has reached US$62.3 billion thanks to the huge population base of 74.7 million and an ever increasing patient bas...
May 21, 2015
 
Focus on Finance could Prove Detrimental for Healthcare

By focusing mainly on finance could prove to be harmful for the survival of health care systems in the long run, states a study that has been published by Value in Health. The Bocconi University researchers in Milan, Italy are urging policy makers across the globe to take into account political as well as social sustainability when developing u...
May 21, 2015
 
Indian Government in talks for Healthcare Scheme for Senior Citizens

The government in India is planning to launch a health care scheme targeted at senior citizens of the country as part of its social security program. Sources close to the matter said that this scheme will be funded by way of unclaimed deposits that are available with the government. Sources added that the law in the country has already been rev...
May 21, 2015
 
Construction Sector in Spain Recovers as Cement Consumption Rises

The association of Spanish cement producers has reported a rise in demand for cements in 2015, signalling that the cement sector of the Spanish economy is finally looking up. The cement industry in last couple of years was characterized by minimal levels of activity. Oficemen, the Spanish association of cement producers, stated that the...
May 20, 2015
 
Construction Activities in Eurozone Up in First Quarter

Construction activities in the 19 countries that constitute the Eurozone went up in March and the entire first quarter. This is a sign that households as well as businesses in the region have overcome the years of caution and are now more willing to invest.  Last week, the European Union’s statistics agency Eurostat said that...
May 20, 2015
 
Rise in Construction Signals Recovery of US Economy

The United States housing market seems to have ended what seemed like a slumping economy.  Builders in the last month broke ground on homes at the most rapid pace they have in over seven years. This hike in construction activities is helping the increase in sales at stores such as Lowe’s and Home Depot. The stepped-up constru...
May 20, 2015
 
Intertek Opened a New Storage Unit in Royston

A new storage unit for the pharmaceutical market that has been opened this week will fuel the life-sciences market in Cambridge. Intertek opened this 8,000 sq. ft. large unit at Royston on Tuesday 19, 2015. It will permit the clients of the firm to set up the recommended and personalized storage conditions with a modern environmental monitoring...
May 20, 2015
 
Pfizer to Get Benefitted from Takeover of GlaxoSmithKline, Deutsche Bank States

Pfizer Inc. would get advantages from a takeover of the U.K.-based rival GlaxoSmithKline Plc., an analyst of Deutsche Bank AG wrote in a release to customers, named ‘Introducing PfizerKline.’ A GlaxoSmithKline acquisition would be significantly accretive to income, Mr. Gregg Gilbert, an analyst of Deutsche Bank based in New ...
May 20, 2015
 
Drop in Oil Prices Hit Hong Kong Stock Market

Share prices in the Hong Kong stock market declined by mid-session on Wednesday, May 20, 2015 morning as the weakness in Chinese oil majors offset the gains posted by banking and manufacturing script after Beijing announced a 10-year strategic plan to support the upgrading of the manufacturing industry of the country. The benchmark Hang...
May 20, 2015
 
Takata Airbags Defects Has Marked the Highest Recall in the History

On Tuesday, the Japanese air bag maker Takata Corporation has given an agreement for declaring around 34 million vehicles, which are termed defective, owing to the issues with the air bag inflators. This issue has creating the biggest automotive recall in the history of America, according to the U.S. safety regulators. The National High...
May 20, 2015
 
Chinese Automakers Driving the Global Market with Their Different Tastes

A chance to visit the Auto Shanghai is an opportunity to witness a cultural exhibit of the automotive world. The huge show is held on the outskirts of the megalopolis to witness the local auto manufacturing companies face off against the other car manufacturers, which have travelled far to capitalize on the China’s emerging economy. ...
May 20, 2015
 
Lear Corporation All Set to Open a New Plant in Gostivar

Lear Corporation has made an announcement that they will be opening a new automotive plant in this summer itself in Gostivar, which is in Macedonia. This will be Lear’s first unit in the Macedonia region. The unit will be employing about 300 people and the unit will be used for the manufacturing of seat covers. The unit will be laying emp...
May 20, 2015
 
Hawaii Amps its Efforts for Renewable Energy Sector

The state - Hawaii has become first of its kind to put a mandate to improve their 100 per cent renewable energy. In a vote of 74 to 2 from the Hawaiian legislature, the lawmakers have finally passed a bill which calls for this region to be 100 per cent reliant on renewable energy sources by the end of 2045. According to this bill, the p...
May 19, 2015
 
Wind Turbine that can Generate Power without Blades

The growing interest in the field of renewable energy has laid to several innovative technologies in the past few decades. One such innovation is the three pronged metal wind turbines which are white in color. These are dotted across many open landscapes. However, a latest innovation which is set to surpass the three pronged wind turbin...
May 19, 2015
 
China Smart Acquired by China Ming Yang Wind Power

The company China Ming Yang, the Wind Power firm has recently announced that the firm Ming Yang has entered a deal to share their purchase agreements. The pursuant has acquired around 99 per cent stake in the China Smart, which is a Cayman Islands firm. The firm China Smart currently owns all the equity interest in the firm Wise Renergy...
May 19, 2015
 
Heinz Wants Federal Judge to Arbitrate after Baby Food Recall

H.J. Heinz Co. is faced with US$30 million in losses after recalling the lead baby cereal that was found contaminated in China. Now the company wants a federal judge to dip on its insurer. The recall happened after the Provincial Food and Drug Administration of Zhejian announced on August 18, 2014, that it had sealed many boxes of high on prote...
May 19, 2015
 
Gerry Ritz to Address Media on WTO Meat Labeling Victory

The lawmakers at Ottawa may swiftly move to enforce disciplinary measures against the U.S. after winning a controversial trade dispute at the World Trade Organization (WTO) over the U.S. meat labeling laws, which Canada states have cost the meat industry as much as US$1 billion in lost sales every year. Mr. Gerry Ritz, Agriculture Minis...
May 19, 2015
 
Chinese Disliking Dog’s Meat on Account of Concerns Regarding Animals

A restaurant in China serving dogs on the menu for around 50 years has closed down after a drop in demand. The Sunshine Restaurant, which started to offer dog meat dishes in Guangzhou, China in 1963, has shut down due to decrease in demand - as well as stricter regulation of dog meat restaurants, reports the South China Morning Post. Ot...
May 19, 2015
 
Royal Dutch Shell Continues Drilling Project despite Protests

Neither a notice of permit violation from the city nor a protest conducted by hundreds of demonstrators will stop Royal Dutch Shell’s use of a seaport terminal in Seattle as it gets ready for exploratory oil drilling in the Arctic Ocean, said spokesmen on Tuesday. The permit violation notice was issued on Monday by the Seattle Dep...
May 19, 2015
 
Head of Libya National Oil Corp Working to Regain Market Share

Libya’s National Oil Corp (NOC) chief forecasts increased oil prices and has said that the company is stepping up efforts to improve output and regain market share that was taken up by other products. Chairman of the National Oil Corp Mustafa Sanallah spoke about a visit to London and said that while he was there, he saw indicatio...
May 19, 2015
 
Oil Prices Drop Signalling Longest Losing Streak since March

Prices of oil slumped on Tuesday in the most recent indication that the latest rally in prices of crude may possibly have peaked.  The oil benchmark of the United States fell for five consecutive sessions, which has been the longest losing streak since the middle of March. Even though the oil prices are still up by over 30 per cent...
May 19, 2015
 
Apple Focuses on Location Technology, Buys Coherent Navigation

To strengthen its expertise on location technology and services, Apple has purchased Coherent Navigation, a small firm which works on high-precision navigation systems. Established in 2008, Coherent Navigation has vast expertise on consumer-grade global positioning systems and has worked on projects for the Defense Department as well as on vari...
May 18, 2015
 
Chinas Baidu Invests in Taboola

In its fourth investment in US-based companies, China’s largest search engine Baidu has invested an undisclosed amount in Taboola, the content recommendation platform. According to Adam Singolda, the CEO and founder of Taboola, this partnership will help his company to expand in China. The company had so far raised US$157 million in fundi...
May 18, 2015
 
Indian Government to Use Technology to Monitor Chemical Levels in Ganga

In its mission to clean and protect Ganga, the Union government may take the help of technology to track the level of chemical components in the river and send real-time SMS alerts when quantities exceed the permitted level. According to a top executive of a state-owned company, Uma Bharti, the Union Minister heading the department of Water Res...
May 18, 2015
 
China e-commerce Giant JD.com and Shanghai Pharma Tie-up to develop Online Healthcare Business

China’s e-commerce giant company JD.com has joined one of the leading Chinese drug manufacturing companies, Shanghai Pharmaceuticals Holding Co. Ltd. in a deal that is set to develop online healthcare business, according to a recent report. This turn of events clearly indicates the growing competition between leading e-commerce companies ...
May 18, 2015
 
Food Pyramid Revamped as New Healthy Foods get Added

The iconic Pyramid of Healthy Eating has been revamped finally in nearly twenty years with the sugary and junk foods being completely banned and are now being replace with several healthy fats and other healthy foods such as quinoa and tofu. This new pyramid will not be promoting even a bit of junk food. Currently, the food pyramid is f...
May 18, 2015
 
SunOpta to Soon Receive its first USDA-verified Label of Non-GMO

The publicly traded company known about its organic food processing called SunOpta has been able to persuade the federal government that its process for detecting the GMO or genetically modified crops is very effective an should be allowed to label ingredients from one of its plants based in Minnesota as free from such alterations. This...
May 18, 2015
 
New Music and Light Techniques Farmers are Using to Breed Healthy Chickens

A massive use of antibiotics in the livestock farms has lead to companies experimenting in other practices to raise healthier livestock. In the Malaysian poultry farm known as Kee Song around 20,000 chickens rest on saw dust in poorly lit barns with water and fee were laced with probiotics which was automatically pumped into their feeding pans....
May 18, 2015
 
Endo will Buy Par Pharmaceutical Holdings Inc for $8 billion

Dublin based Endo International Plc plans to buy Par Pharmaceutical Holdings including debt from TPG Capital the private equity firm for approximately $8 billion shortly. This move will place Endo among the global top five generic drug makers. Premarket trading shows a 3 percent rise to $88.05 in Endo’s shares. Endo International ...
May 18, 2015
 
Uncovered Tomb in China is of Concubine, Who Emerged as an Influential Military and Political Leader

A Ming Dynasty tomb uncovered at a construction site in China in 2008 is presently uncovering insights into the astounding lady for whom it was built, say analysts who've quite recently wrapped up two stone epitaphs found inside.  The individual covered in the tomb was known as Lady Mei, who went from mistress - "unwashed and unkem...
May 15, 2015
 
Greenwood Outlines to Start Hedge Fund to Tap Healthcare Sector in China

Greenwoods Asset Management charts plans to start a hedge fund that will tap opportunities in healthcare in China, which is the third largest pharmaceuticals market in the world. Greenwoods China Healthcare Fund will purchase stocks of key healthcare providers and drug companies, as commented by the manager of the Shanghai based partner...
May 15, 2015
 
Merkley Bill Targets to Propel Green Jobs

At Washington, Sen. Jeff Merkley, D-Ore., and Rep. Matt Cartwright (D-PA) reported Wednesday the presentation of the Job Creation through Energy Efficient Manufacturing Act in both the U.S. Senate and House.  The administrators said their bill would make occupations and spare cash for producers by giving individuals something to do...
May 14, 2015
 
India-China Should Consider Contriving Manufacturing Joint Ventures

Industry body Assocham on Wednesday told lawmakers amid Prime Minister, Narendra Modi's visit to China must expect to manufacture joint ventures (JVs) with the neighbor that can encourage manufacturing of things, such as, portable handsets, gadgets and PC equipment in India.  Assocham President, Rana Kapoor said in an announcement ...
May 14, 2015
 
TTC Repudiated Delivery of Few Streetcars Owing to Faulty Manufacturing

A portion of the first streetcars brought as a portion of a $1.25 billion request were so inadequately made that the TTC declined to accept them, CEO Andy Byford affirms to CP24.  The beginning schedule for bringing in Toronto's new streetcar fleet required 50 of the vehicles to be working at this point however so far just five hav...
May 14, 2015
 
Plastics recycling Feasible Despite Bad Press

In the last couple of months, there was widespread news coverage about plastics recyclers being in tight situations owing to low prices of crude oil. This was supposedly help to drive down costs for virgin resin. But it is not that bad as it seems. The ‘Plastics News’ issue which will be released towards the end of the week ...
May 14, 2015
 
Shale Gas to Create New Jobs in Large Numbers

The Shale gas revolution in the U.S., was for some, going to thrust a manufacturing renaissance. This was so as companies tried to take advantage of cheap and abundantly available natural gas. It has not happened so far, but it is only matter of time until it is seen. As per a report published by American Chemistry Council, the ...
May 14, 2015
 
Chinese Metal Companies to Acquire Overseas Resources

The metal companies in China have stepped ahead to acquire overseas resources. This is to lock ore supplies as the country continues massive infrastructure building projects such as skyscrapers, railways, and power grids. Peru poised to be an important player in China’s future copper requirements, is positioned to become the second larges...
May 14, 2015
 
Retailers Demand Organic and Non-GMO Products from Hain Celestial

The retailers in the food market are demanding for products that are free of GM products. Analyzing the net sales exhibited by retailers in the last three months up to March, retailer are looking into options to work with companies that can offer natural fast-growing and organic products that Millennials are looking for. Retailers such ...
May 13, 2015
 
E-retailer JD.com Associates with Sephora in China

The largest online retail sales company in China JD.com has tied up with global beauty products giant Sephora in a move to launch the largest cosmetics store on the e-commerce platform of JD.com. The teaming up of Parisian beauty Products Company Sephora and JD.com is anticipated to make the competition intense in the online retail beau...
May 13, 2015
 
Marks and Spencer Contracts with Gist for 12 Years

The British retailer Marks & Spencer (M&S) has contracted with Gist for 12 years for warehousing and distribution services. The cost of the contract for the first year is estimated at £300m. The new contract keeps the continuation of the long-standing association of the two businesses. Gist will continue providing daily fo...
May 13, 2015
 
China to Legislate the Harshest Food Law Ever

For the first time after 2009, China is now gearing up to update its food safety laws. The laws are hailed to be the harshest safety regulations that the country has witnessed so far. The Food Safety Law to be legislated by this year will have a significant impact on foreign as well as domestic firms with food business in China.  A...
May 13, 2015
 
New York City is gearing up to get a Fleet of Eco-Friendly Food Carts

American street food has been reining the world since ages. New York is often regarded as the paradise of street food that serves the most delectable delicacies either on roadside, or on the go. In what is hailed to revolutionize the world of street food, New York City announced its decision of rolling out a fleet of 500 eco-friendly food carts...
May 13, 2015
 
Caviar and a Coffee - The World’s Most Expensive Food!

For many of us, a visit to supermarket is enough to satiate our culinary urges. But for the billionaires around the world, the craving is satisfied only with the rarest of food items, the more expensive the better. Beluga caviar that costs £24,000 for a tin, is actually worth more than their weight measured in terms of gold, and coffee wh...
May 13, 2015
 
Kandi Technologies to Prosper Further in China

Kandi Technologies has been prospering for quite some time in China. This manufacturer of go-karts, ATVs, and electric vehicles recently showed some of its latest profitability figures which show the 4th consecutive time that the company’s performance has gone beyond expectations. In the 1st quarter, revenue stood at almost US$44 million,...
May 12, 2015
 
Tesla May Need to Raise Additional Funds for its Business Battery Market

Investors at Tesla are quite confident when it comes to the upcoming prospects that its latest business venture has to offer. This business pertains to the battery and home business. Several industry experts have pointed out that the company is slowly reaching a position wherein it will require to raise some more money for the business to grow ...
May 12, 2015
 
Volvo to Set Up Plant in New Carolina

Volvo Car Corp has decided on setting up a US$500 million worth of business at South Carolina. This will be the very first American plant that the company would be setting up in North America’s premium car market. The primary rationale is to acquire a greater share in this competitive market. In 2015 itself the plant will be made operatio...
May 12, 2015
 
Siemens Allegedly Implicated in a Bribery Controversy in China

The medical equipment sector in China is shaken by the alleged commercial bribery charges involving Siemens. The news of investigation conducted by the commerce and industry authorities of China came out recently. However, the parties involved in the alleged controversy are denying any such investigations that took place.  Accordin...
May 12, 2015
 
Abu Dhabi Gearing Up to Launch Index to Improve Healthcare Standards

What can be said a step taken to up the healthcare standards in Abu Dhabi, the health chiefs have successfully developed a new index for healthcare quality targeted at propelling the standard of healthcare facilities available in the capital of UAE.  Health Authority of Abu Dhabi also known as HAAD is likely to reveal the details a...
May 12, 2015
 
Alibaba Ventures in the 3 hours Delivery Service for Healthcare

The biggest name in online shopping in China Alibaba Group Holding Ltd, is gearing up to roll out its highly ambitious three house delivery service of healthcare products. This step was taken to counter the marketing strategies adopted by the rival JD.com Inc.  At the initial phase, the three hours delivery service will be launched...
May 12, 2015
 
Nokias High-Tech Maps: Top Automotive Players Bidding Against Technology Companies

Bidding for Nokia’s high-tech mapping unit HERE has heated up as the top German automakers compete against the Silicon Valley technology giants. The high quality maps offered by Nokia are way ahead of the Google maps. They can be linked to a mobile phone signal to pinpoint the commuter’s exact location to the driver and enhance the ...
May 11, 2015
 
Infosys Expanding its Operations in Israel

India’s second-largest software exporter, Infosys, has started focusing on its operations in Israel as the country evolves as one of the global hubs for technology businesses with its innovation-rich startup ecosystem. Under the leadership of chief executive Vishal Sikka, through a deal worth US$200 million, the technology firm acquired P...
May 11, 2015
 
Chinese Military Feels Wearable Technology Poses Security Risk

The Chinese military has become wary of the various wearable technology devices used by its soldiers. Through its mouthpiece ‘PLA Daily’, the military has sent a warning to its soldiers, asking them to leave their smartwatches and fitness trackers at home as the devices may reveal their locations to the enemy. The warning is being s...
May 11, 2015
 
BMW3 Series Bound for India Gets a Facelift

The Classic Mercedes-Benz C Class has given the segment a shake. And to negate the threat from ‘2015 World Car of the Year’ title BMW has unveiled the 3 Series after giving a facelift.  The change in the BME 3 Series brings about new tail lamps and headlamps and customers also have the choice to opt for LED units. Anoth...
May 11, 2015
 
China Experiences Dropped Automotive Sales in April

China experienced sharp drop in automotive sales growth in April. The domestic auto makers in the country took market share from global competitors, as per industry sources.  Automakers worldwide are eyeing on China, the country which is counted as the largest auto market in terms of vehicles sold, in an attempt to propel revenue i...
May 11, 2015
 
BMW Adapting to New Changes in China

As per industry sources, the sales boss at BMW commented on the market changes that are happening around the globe. Though the sales show double digit growth for the last few years, the market in China has slowed and poses challenges for luxury car brands. The challenges, for instance, are dealers need to rely heavily on sales of used c...
May 11, 2015
 
UBS to Aim for Investment Banking in the United States Again

The firm UBS AG that had last time experienced a massive hurdle has pushed itself again to expand its lucrative business into the United States investment banking. The company is seeking again to build its business there and this time it is going to do so with even more modest ambitions. During the beginning of the last year, the firm h...
May 8, 2015
 
Chinas Top 3 Telecom Providers Facing Decline in Profit

China Unicom, China Mobile, and China Telecom issued their performance report for the first quarter of 2015, where all of them reported a decline in the net profit during the period. China Mobile stated that the operating revenue of the company in the first quarter of 2015 was US$25.90 billion showing a year-on-year increase of 3.9%; wh...
May 8, 2015
 
BASF Opens New Ultramid Polymerisation Plant in China

To increase its local production and supply network in China, BASF has opened its new unit in Shanghai. The company aims to capture the growing market in Asia Pacific and this new Ultramid polymerization plant will boost the production with capacity of 100,000 metric tonnes per year.  According to Dr Kurt Bock, the chairman of the ...
May 8, 2015
 
Healthcare Expenditure on Kids with Diabetes on the Rise

Health care expenditure is most often on the rise. However, researchers are always focusing on which sector will yield the highest growth. Not surprisingly, the expenditure on diabetes has increased over the years as more and more Americans are being diagnosed with the metabolic disease.  A recent study has revealed that health car...
May 7, 2015
 
Alarming Rise in Cyber Attacks on Healthcare Companies

According to a recent study, cyber attacks on health care companies went up an alarming 125 per cent over the past five years with hackers stepping up their efforts to steal important medical information.  Medical files are worth nearly US$70 each on the black market and the survey showed that 45 per cent of health care companies r...
May 7, 2015
 
Population Health Techniques Crucial for Reducing Costs, Improving Quality

Providing financial incentives by means of payment reforms can boost care coordination among patients across rival health care companies and also increase the pace of evolution when it comes to population health, stated thee of the topmost physician leaders in a panel discussion held at the MGM Grand Hotel in Detroit on Thursday.  ...
May 7, 2015
 
Facebook and IBM Join Hands for People-Based Marketing

IBM Commerce and Facebook announce that they will work together to provide assistance to the stigma with customized marketing capacities to reach the right people with the right message at the right time. The marketing cloud clients of IBM can now use the publicizing capacity of Facebook such as custom consultations, alongside analytics and des...
May 7, 2015
 
Russia-based Lenta Rents Space in Finnish investors’ Retail Center in St. Petersburg

Lenta, a daily consumer goods chain based in Russia has rented space for a hypermarket and is expected to become one of the topmost tenants in the Okhta Mall shopping center constructed and developed by SRV in St Petersburg. Lenta has rented a floor area of over nine thousand square meters, which is almost 12% of the total rentable area of t...
May 7, 2015
 
Playboy All set for Expansion in China

On the Wednesday, Playboy announced that it has struck a licensing deal with a Chinese firm, named Handong United, to produce and distribute apparel and accessories branded by Playboy. The deal is expected to put Playboy merchandise in four hundred new locations all over China, taking the total number of outlets to three thousand five hundred. ...
May 7, 2015
 
Honda to Make India Its Largest Two Wheeler Operations Hub

Honda Motor aims to expand its production capacity in India by 40% during the next two years. The company is planning to invest Rs1,775 crore and make India its largest two wheeler operations hub. Honda Motorcycle and Scooter India, Honda Motor’s local subsidiary in India is the second largest two wheeler unit of the company, after Indone...
May 7, 2015
 
GM Faces Decline in Sales in China

As the economy slows down in China, General Motors Co. has experienced a fall in its deliveries in the region. China has been the largest market for GM. The car maker reported that the demand for its Chevrolet and Buick brands has dropped in the region. There has been a 0.4% drop in the overall sales of the vehicles by GM and its joint ventures...
May 7, 2015
 
BMW Makes Profit in First Quarter with Rising Demand in the U.S. and Europe

Stronger demand in the U.S. and Europe for models such as X5 SUV has reaped profits for BMW in the first quarter of this year. The company reported a 21% hike in its profit this time. In a statement released yesterday, the automotive giant mentioned that its EBIT increased to 2.52 billion euros, which has been a considerable increase from the l...
May 7, 2015
 
Alan Han Employs Low Paid Assistants For Yao Xin

For a good part of previous 2 years Mr. Alan Han has been sending the employees of his health startup named Yao Xin all over China to encourage women. Not the high rollers with cash to burn or fresh graduates with ambitions to indulge in, but the low paid assistants, who arrange shelves and ring up the bills in around 0.5 million drug stores in...
May 6, 2015
 
Demand for Cement in India on the Rise

The demand for cement in India is likely to rise by almost 6.5 per cent to 7 per cent in the next financial year owing to improvement in investment cycle, infrastructure, and the overall economy, states the independent rating agency ICRA. The demand for cement is projected to register a gradual improvement in the medium term mainly due ...
May 6, 2015
 
China Authorities Strive for Cement Consolidation

The attempts by the Chinese authorities to reduce the size of the cement industry in the country have trapped international bond investors right in the middle of it all.  Last month, China Tianrui Group Cement raised its stake in China Shanshui Cement to 28.16 per cent, which was more than Zhang Caikui, the founder of Shashui. Fitc...
May 6, 2015
 
Vietnam Still Unsure of turning Cement Production into Major Industry

Nguyen Tran Nam, deputy minister of the Ministry of Construction in Vietnam, reported that last year the country exported 21 million tons of cement which resulted in a turnover of approximately US$1 billion. This kind of achievement is unheard of in a country like Vietnam. Tran Tuan Anh, deputy minister of industry and trade affirmed th...
May 6, 2015
 
Opko Bought EirGen in a US$135 million Deal

EirGen, the pharmaceutical firm based in Waterford, has been procured by the U.S. based drugs manufacturer Opko for a whopping sum of US$135 million. Established by Mr. Tom Brennan and Mr. Patsy Carney around 10 years ago, EirGen has an employee base of 100 people and is known for manufacturing high potency medicines for cancer chemotherapy. ...
May 6, 2015
 
Teva Pharmaceutical Industries Ltd. Projected to Report US$1.29 EPS for First Quarter of 2015

Analysts at Wall Street estimate Teva Pharmaceuticals to report EPS of US$1.29 for the present fiscal quarter. This figure is based on the average estimation of the sell-side research agencies, which cover the stock. Teva Pharmaceuticals recently has reported earnings per share of US$1.36 on April 30, 2015 for the quarter that ended on March 31...
May 6, 2015
 
Chinese Manufacturing Sector Slows Further, Reveals HSBC PMI

The slowing Chinese economy has led the policy makers in the country to cut down the interest rates and reduce the reserve requirement ratios of the banks. As per the latest PMI Index released by HSBC Holdings Plc and Markit Economics, the lower reading of 48.9 is indicating the contraction of the economy in the nation. This has been in contras...
May 6, 2015
 
General Motors to Make India its Manufacturing Hub

India seems to be the new destination for the American car manufacturing giant, General Motors (GM). The company is targeting a market share of 5% in India during the span of next ten years. The carmaker cut down its operations in Thailand, and closed its units in Indonesia and Australia to strategize capturing more market share in India. With ...
May 6, 2015
 
Chinese Manufacturers Looking Out to Tap Indian Market

Chinese manufacturers are targeting the Indian consumers by upgrading their products to meet Indian standards. Though Chinese-made goods have been flooding the Indian market for long, the cheap quality of the products have been always a disappointment for the growing Indian consumer base. It seems that the Chinese manufacturers have finally ope...
May 6, 2015
 
China Oil Industry Reformation: Communist Party Shuffles Company Heads

The Communist Party in China has substituted the heads of three of its largest energy firms, according to statements issued by the companies separately, as speculation continues to rise over the reformation of the country’s oil industry. The Communist Party in China has control of the management of the nation’s leading state...
May 5, 2015
 
Crude Oil Rail Shipments Exempt from Public Disclosure: US DoT

According to the new regulations issued by the United States Department of Transportation, information about rail shipments of crude oil is henceforth exempt from public disclosure.  This puts an end to the existing regulations of the department of transportation which needed railroads to declare to the public and the state officia...
May 5, 2015
 
Oil Prices Soar Above US$60 per Barrel

Oil prices in the United States soared above US$60 per barrel on Tuesday owing to geopolitical events upsetting the market. This is the first time the prices have surged over US$60 since December. Prices rose on the news that protestors in Libya had obstructed a major port, which resulted in the interruption of over 100,000 barrels of c...
May 5, 2015
 
Dan Barber Again Wins at Beard Awards

On Monday, May 4, 2015, The James Beard Foundation named the Blue Hill restaurant of Mr. Dan Barber located at Stone Barns based in Pocantico Hills, New York, U.S., the top restaurant in the nation, giving him 3 of the highest national restaurant and chef honors of the group in 7 years. Mr. Barber, who is heading a movement to re-focus ...
May 5, 2015
 
China Exploring Antarctica for New Food Source

In the previous year, the president of China, Mr. Xi Jinping toured to the border of the Southern Ocean, and now the president has announced to local media that the nation will be increasing its operations on Antarctica, the southern polar continent of the world. In addition to this, China has also signed an agreement recently with the ...
May 5, 2015
 
Shares of Fancy Fast Food Rises in U.S.

Almost 6 food chains have accounted for the steaming stock market entrants in the previous year to meet a increasing appetite for the fast-casual restaurants catering to the younger and prosperous diners, who are willing to pay more for the food that are higher in quality and in freshness than they expect to find at conventional fast food joint...
May 5, 2015
 
Urigen Pharmaceuticals Take a Step Back From its US$25 Million IPO

On Monday, the Urigen Pharmaceuticals Company that is developing the formulations of approved medicines for the urinary bladder pain took a step backwards from its plan of an initial public offering. The company had initially filed to raise an amount of US$25 million in the month of February, this year. The Urigen Pharmaceuticals Compan...
May 5, 2015
 
Chinas Huge Investment in India Can Help Make In India Initiative

The Indian access to the Chinese market is vital for correcting the persistent trade imbalance, which is created between the two countries; a very huge Chinese investment in India will be helping the Prime Minister Modi, in realizing his commitment for Make in India. India-China trade has summed up to US$65.50 billion in the last year; ...
May 5, 2015
 
Philip Hampton to Take Over as Glaxosmithkline Plcs Chairman

According to the sources, Philip Hampton is going to take over as the chairman of GlaxoSmithKline Plc, as the Chief Executive Officer of GlaxoSmithKline Plc, Andrew Witty is taking efforts to win back favor of investors. Andrew Witty, who had led the biggest drug manufacturer company of Britain from the year 2008, is facing a lot of cri...
May 5, 2015
 
Sweet Drinks Pose Risk of Type 2 Diabetes

Replacing sweet soft drinks with water or even unsweetened coffee and tea can minimize the risk of developing Type 2 diabetes by nearly a quarter, claims a new study.  The study shows that for every 5 per cent rise in an individual’s overall energy intake which has been provided by sweet beverages such as soft drinks, the cha...
May 4, 2015
 
Beer Worth US$8.7 Billion Sold in Canada Last Year

Beer continues to be the alcoholic drink of preference in Canada with beer worth US$8.7 billion sold in 2014 alone. Liquor agencies, liquor stores, and other retail outlets sold alcoholic beverages worth a total of US$20.5 billion during the fiscal year 2013-2014, which was reportedly higher by 1.1 per cent from the previous year. The overall r...
May 4, 2015
 
Dean Foods Consolidates Regional Brands under Single Label

Dean Foods, the biggest milk producer in the United States, is unifying its multiple regional brand names under a single label DairyPure. A national television and print campaign was launched on Monday, stated the Wall Street Journal and CNBC.com. The launch is targeted to keep up with the shift of the US consumers towards foods that ar...
May 4, 2015
 
China to Witness Shuffle in the Leadership of Oil and Gas Companies

According to many analysts, the constant fall of solar energy manufacturing prices, the market is experiencing and enjoying the ‘boom’. In most of the countries across the globe, solar power is made available now, at a cheaper rate, which is less than gas, coal, diesel oil, or nuclear energy. China, who is all set to clean u...
May 4, 2015
 
Reduced Number of Patents, a Big Concern for Renewable Energy Growth Prospects

The global investments in the green energy has been stalling, as the number of patents which are filed for renewable energy products across the globe has fallen down by 42% in the last three years. According to the research from a commercial law firm EMW states that around 20,655 patents for green energy were filed in 2014 across the gl...
May 4, 2015
 
China to Clean Up the Coal Emission Mess with Solar Energy

According to many analysts, the constant fall of solar energy manufacturing prices, the market is experiencing and enjoying the ‘boom’. In most of the countries across the globe, solar power is made available now, at a cheaper rate, which is less than gas, coal, diesel oil, or nuclear energy. China, who is all set to clean u...
May 4, 2015
 
Effectiveness, Safety of Healthcare Antiseptics under Scanner

Antiseptic healthcare products that are used by clinicians over 100 times a day will need to prove themselves to be both effective and safe, especially in the long run, in order to continue being in the market. This is in keeping with the proposed regulations that were announced by the US Food and Drug Administration (FDA) on Thursday.  ...
Apr 30, 2015
 
Apple, IBM to Partner with Japan Post to Improve Healthcare

The International Business Machines Corporation (IBM) and Apple Inc. on Thursday announced their partnering with Japan Post to commence a project that will provide millions of senior citizens iPads in order to improve their health and enhance their quality of life. The press conference was held at the new IBM Watson headquarters in Manhattan&rs...
Apr 30, 2015
 
Data Breach may have Occurred, Notifies Partners Healthcare System

Partners Healthcare System has already begun informing its patients that there had been a breach in data last November, which may have given a certain level of unauthorized access to mails that contained personal details. According to Partners Healthcare System, some of its employees had received phishing emails and these workers, in re...
Apr 30, 2015
 
China Decreases Tariffs on Imported Consumer Goods to Encourage Local Demand

The government in China is planning to reduce import tariffs on trendy consumer goods, and to increase imports of such kind of goods, as the part of its efforts to fuel domestic consumption. The state council of China, or cabinet of China, had announced on Tuesday after a meeting that it would commence a trial reduction of the tariffs on severa...
Apr 30, 2015
 
Global Consumer Products Launches LuvIt its Exclusive Chocolate Brand

Global Consumer Products, operating in FMCG sector, launched its exclusive chocolate brand named 'LuvIt' today, and is eager to diversify product offerings, comprising beverages and nutrient water, in the next 3 to 5 years. Stating this, the promoter of this brand, Mr. A Mahendran said that the firm planned to compete with the likes of ...
Apr 30, 2015
 
American Apparel Making Amendments by Selling Limited Edition T-Shirts

After firing one hundred and eighty employees, most of which were Latinos, American Apparel is amending by trading a limited edition immigration integration T-shirt, which will assist nonprofits that aid immigrants in Los Angeles County. The T-shirts for men and women are priced around US$26. The shirt went for sales on Tuesday in 5 Los...
Apr 30, 2015
 
Slowing Chinese Economy Leads Car Manufacturers to Focus More on Communicating with Dealers

As car sales in China decrease with the slowing economy, the global car manufacturers in China are concentrating on after-sales service to increase communication with their customers. Data shows that the passenger-car sales growth in China is expected to slow down this year with an estimated sale of 21.3 million vehicles. Compared to 9.9% growt...
Apr 30, 2015
 
Chief Executive of Fiat Calls for Consolidation in Auto Industry

In his latest presentation titled “Confessions of a capital junkie”, the chief executive of Fiat Chrysler Automobiles, Sergio Marchionne, stressed on merger discussions with rival car making companies. He mentioned that compared to the amount being invested in the automobile industry, the industry has not being able to deliver equiv...
Apr 30, 2015
 
BMW Violates Chinese Policy on Parallel Imported Cars

According to the reports broadcasted on China Central Television, international car maker BMW has violated the Chinese government’s policy on parallel imported cars so that its only distributer in the nation manages to get some profits.  To curb the monopoly of the international car makers such as Mercedes-Benz, BMW, and Audi in Chin...
Apr 30, 2015
 
Green Cross to Set up Cell Therapy Production Unit in China

A biopharmaceutical firm based in South Korea, Green Cross, today announced its plans to set up a new cell therapy production unit at the Guizhou province of China. The new production site is being set up to address the demand from the cellular therapeutic industry for clinical studies and for commercial supply. Green Cross is a provide...
Apr 29, 2015
 
Pay Discussions Set for Public Sector Laborers

In Ireland, pay discussions are to commence with public service laborers next month, as told by the Minister for Public Expenditure and Reform. Crisis measures were gotten to cut wages from 2009 in light of the nation's budgetary emergency. Minister Brendan Howlin has welcomed exchange unionists to start talks on the loosening up of the legisla...
Apr 29, 2015
 
Cement Plant to Pay US$7.5 Million in Settlement with US EPA

The Lehigh Hanson cement plant will be paying USD$ 7.5 million in a settlement case with the Environmental Protection Agency in the United States, the San Jose Mercury News reported on Wednesday. The Cupertino cement unit was charge with dumping over a million gallons of poisonous waste water into a creek flowing into the San Francisco Bay. ...
Apr 29, 2015
 
Shipment of 15,000 tons of Construction Material Enters Gaza

Over 15,000 tons of building material was allowed by Israel into the blockaded territory of Gaza on Wednesday, the Defense Ministry said. This was the single largest shipment that has been brought in ever since the summer conflict came to a close in the war torn region.  The coordinating unit for the Israeli government policy in va...
Apr 29, 2015
 
China International Cement Conference begins in Beijing

The 16th China International Cement Conference commenced on Tuesday in the country capital Beijing at the Hotel Nikko New Century Hotel. The theme of this year’s annual event is sustainable development and over capacity.  The proceedings of the conference were officially opened by Qiao Longde who is the president of the China...
Apr 29, 2015
 
Wockhardt to Feel the Shrink after the Recall of Some Batches

The shares of Wockhardt have been trading lower by almost 5% at Rs 1,280, which has exceeded its last day’s 18% fall on the NSE. This change was after the drug manufacturing company informed that they have planned to recall the left over batches of some drugs, as a remedial measure. These drugs were produced in their facilities at L1- Chi...
Apr 28, 2015
 
Synta Announces Its New CEO

The Synta Pharmaceuticals Company has announced the name of its third new Chief Executive Officer since the month of March 2014. Since March the company has been tapped by a former executive of Teva Pharmaceuticals who got associated with the company in the month of December as CEO and take the position of Anne Whitaker. Whitaker left the compa...
Apr 28, 2015
 
Boston Scientific Corporation to Lose Some Sales in the Coming Quarter

The Boston Scientific Corporation has witnessed a loss in its first quarter, which was hurt due to currency rates and acquisition costs. However, the results were in accordance with the guidelines given by the company. The medical-device manufacturing company has cut its sales outlook for over a year, which is now estimating US$7.23 bil...
Apr 28, 2015
 
35% of Canadian Companies arent Prepared for Advancing Technology

In a new research by Deloitte, it has been found out that most of the Canadian companies are not prepared for the major advancements in field of technology such as artificial intelligence and robotics. The Canadian wing of the international consulting firm, Deloitte, states that only 13% out of the seven hundred firms in its survey scored well,...
Apr 28, 2015
 
GrownOut Reveals Online Referral Hiring Technology Solutions

The online referral hiring technology company, GrownOut, based in India, has introduced its unique referral hiring technology solution. This online tool based on SAAS is named ‘GrownOut’. It will assist the HR personnel across various industries to rationalize and manage the procedure for talent acquisition. Mr. Sumit Gupta,...
Apr 28, 2015
 
Sales Surge in China Apple Announces Record Results

Apple traded 61.2 million iPhones in the initial 3 months of 2015, registering revenues amounting to US$58 billion as strong sales from China stimulated the tech firm to another record quarter. The Californian tech giant was aided by strong sales of the new iPhone 6 and the larger iPhone 6 Plus in China during Chinese New Year February....
Apr 28, 2015
 
Despite Approval, Palcohol not to be Available Soon

It is being called Kool-Aid, but with a kick. Military troops who have been hoping to carry a couple of pouches of dried alcohol with them either on a camping trip or on their next deployment will still have to wait. States across the United States are still deciding whether or not to regulate the powdered booze, called Palcohol, and the firm t...
Apr 27, 2015
 
Binge Drinking among Americans Up by over 17% from 05 to 12

More and more Americans have been drinking heavily – whether it is knocking back artisanal cocktails at a bar or quaffing no-name beers at home on the couch – and resorting to endless episodes of binge drinking, states a recent study on the use of alcohol. Based on findings by the Institute for Health Metrics and Evaluation,...
Apr 27, 2015
 
Aspartame Out for Diet Pepsi

PepsiCo’s Diet Pepsi will begin selling its beverage minus aspartame later this year. This has been called one of the most significant changes made to the drink in nearly decades and the move comes after sales were down miserably following a consumer backlash against the use of the artificial sweetener. The company said that begin...
Apr 27, 2015
 
Deutsche Bank to Strengthen Transaction Banking

Germany based Deutsche Bank AG released the details of its longed-for strategic fix on Monday that is designed to narrow the gap with peers for capital adequacy and profitability. The German player stated that it would downsize its investment banking business and operations related to retail sales while focus on strengthening the transaction ba...
Apr 27, 2015
 
In 2015 Global Retail Banking technology Expenses to Amount at US$131 billion

A global analyst house, Ovum, has disclosed that the IT budgets in the retail banking industry across the globe will amount at US$131 billion in 2015, a rise of 4.3% over the past year. This will increase to US$157.6 billion by the end of 2019. This is fueled by the improvements in the global outlook regarding macro-economy, which has compelled...
Apr 27, 2015
 
Pay Cuts Fueled Leaving from State Banks of China

Bankers at the top state lenders of China are quitting their jobs in increasing numbers due to the cuts to their pay and perquisites, and shifting to a new class of financial enterprises such as leasing firms, trusts, and various online platforms, headhunters and bankers affirm. As the part of a severity, anti-graft drive held in Beijin...
Apr 27, 2015
 
Sri Lankan Government Resuscitates Paranthan Concoction Production Line to Create Chlorine Requirement

On April 27, in Colombo, the Minister of Industries and Commerce Rishad Bathiudeen said that the quality and security of Sri Lankan water supplies will be hoisted to new levels once the nation's spearheading industry supplier, Paranthan Chemicals Company (PCC) begins delivering the nation's aggregate chlorine prerequisites locally. The ...
Apr 27, 2015
 
Wearables for Foresight of Cardiovascular Diseases

A small in size wristband that has a sensor can warn of cardiovascular disease before it becomes serious. The device which is developed by medical technology startup based in Boston Quanttus. The device has the feature to collect 50 million data points and 400,000 measurements of vital signs unique to each person per day. This gives inv...
Apr 24, 2015
 
Big Makers of Medical Devices Form Industry Trade Group in Asia

Some of the big medical device makers in the world that include Abbott, Johnson and Johnson, GE Healthcare, and Boston Scientific have come together to form the first industry trade group in India. The group which will be called, Asia Pacific Medical Technology Association (APACMed) hopes that the region which has been fragmented earlie...
Apr 24, 2015
 
Post Infection Vaccines to Reduce TB Rates in China as per Findings

In China, a major contributor to tuberculosis (TB) infections will be the older population in the next few decades. This will require dedicated efforts to control the disease in the country that can affect million in the country. The researchers from the London School of Hygiene and Tropical Medicine elucidated the fact that developing ...
Apr 24, 2015
 
New 3D Medical Imaging System from Carestream to Enter Clinical Trials

SUNY and Carestream Health Inc. at Buffalo’s Sports Medicine and UBMD Orthopedics have begun clinical trials this week for the their new 3D medical imaging system, according to the Carestream officials. This announcement came after six months the company Carestream and the UB orthopedics group announced their plans to jointly try ...
Apr 23, 2015
 
Successful Hip Replacement Surgery Achieved by Chinese Doctors Using 3D Printing

The use of 3D printing in the medical field is growing at a fast pace. Nevertheless, this field employs this technology to create actual 3D print prosthetics or for creating surgical guides which are used prior to surgery, this technology is well on its way to be used in major hospitals across the globe. On the other hand, Europe and th...
Apr 23, 2015
 
What is Driving Huawei’s Business in Latin America?

With ongoing and rising innovation and research activities, Huawei, a China based telecom company operating in Latin America is growing rapidly as a leading supplier of hardware in the region. This company has been operating in Latin America for almost 16 years now and has branches in seven nations all across the globe.  Huawei is ...
Apr 23, 2015
 
Comcast to Further Expand in the Gigabit Broadband Market

Comcast is making its presence felt in the global market for gigabit broadband. Recently, the firm declared that it would soon be offering its service of 2 Gbps in Florida that will reach a customer base of 1.3 million in the following areas: Jacksonville, West Palm, Fort Lauderdale, and Miami. The service offered by Comcast that is based on th...
Apr 23, 2015
 
MTN Partner and Vodafone in Business Collaboration

MTN and Vodafone will soon be entering into a business collaboration that will pertain to the provision of the service of mobile money in the market of East Africa. This is a key area that most players in the global telecom market generally focus on, and there are several similar agreements that are taking place between the various players in t...
Apr 23, 2015
 
China Tech Giants to Develop a Futuristic Car

The technology giants of China Tencent, the WeChat messaging app provider and Alibaba have assured to build the vehicles of the future. These vehicles will be connected seamlessly to the internet services which will also provide shopping and navigation facility while driving on the road. These two e-commerce companies have jointly made an annou...
Apr 22, 2015
 
Mahindra & Mahindra to Expand its Production in the Telangana Unit

On Wednesday, Mahindra & Mahindra started with the new automotive production facility of its unit at Zaheerabad which is in Medak District of the Telangana State in India. This production unit was inaugurated by the Chief Minister of Telangana, K. Chandrasekhar Rao. This unit will be manufacturing Mahindra's new small-sized commercial vehic...
Apr 22, 2015
 
The Huaya and GKN Joint Venture to Invest a Huge Amount for Expansion

The joint venture between the two Chinese auto companies Huaya Automotive and GKN Automotive is investing an amount of US$850m in the next five years to cope with the rising demand for the company’s driveline systems such as hybrid technology and all-wheel drive. Automotive manufacturing across China is expected to grow exponentially at 4...
Apr 22, 2015
 
Lawyer from LOreal Advocates Push for Patent only for Greed

A former lawyer from the Parisian cosmetic giant L’Oreal, who was fired in December, reveals that he was fired as he refused to make filing for dubious inventions. The company insisted him to do so to complete the quota for the year. L’Oreal says it is going to fight back the allegations. The former lawyer from L’Oreal...
Apr 22, 2015
 
100 Carat Diamond from De Beers for Sale

At a jewels sale in New York, the highlight was an eye-popping diamond of 100 carat. The piece can is expected to fetch anything up to US$25 million. The auction organized by Sotheby said, the perfect classic D color piece that is in emerald cut that was mined by the diamond giant De Beers is one of the largest to be on display for sale at any ...
Apr 22, 2015
 
E-Commerce Companies in China Head for the Countryside

The e-commerce giants in China Alibaba and JD.com are making headway to rural areas for lucrative opportunities. The urban consumers for the e-commerce retailers become savvier for products. This intensifies competition and more treading for the e-commerce retailers.  The initial period of boom for the e-commerce retailers appears ...
Apr 22, 2015
 
Healthy Eating Having Ignites Mergers and Acquisitions blurring Boundary between Food and Drugs

A soaring demand for nutraceuticals, which is the food and drinks with potential health advantages, is paving the way for the rush of the deals, as food and drug companies compete to lead the market expected to reach a value of US$280 billion in 2018. Customers have been encouraged to consume smart diet by an obesity outbreak and a burs...
Apr 21, 2015
 
Food Menu of Carowinds Got a Redecoration

Carowinds is introducing itself into the food industry. The amusement park famous for rides such as the Intimidator and the Vortex, Carowinds, has added an array of new carte du jour to its register of attractions. Siuta brings almost 3 decades of cooking experience. The experienced chef joined the Carowinds team in previous September a...
Apr 21, 2015
 
Legislature of China Reviews Draft Amendment to Existing Advertisement Law

The legislature of China is reviewing a draft amendment to the advertising law prevailing in the nation that would efficiently ban the promotion of the infant formula. The draft law states that advertising for products that claim to partly or completely substitute mother’s milk shall be banned from mass media or public venues, and anyone ...
Apr 21, 2015
 
Construction of Thirty Meter Telescope (TMT) Delayed Indefinitely in Hawaii

The construction of the Thirty Meter Telescope has been delayed third time on the Mauna Kea volcano in Hawaii. Further, there is no official announcement of date for the construction to resume. As per spokesperson for the project, there is lot of conversation and speculation among stakeholders for the construction to resume. The governo...
Apr 21, 2015
 
State Transformer Maker Defaults in China

A public transformer maker in China is the first to default for onshore bond, which shows the government’s inclination for market forces to decide the fate of any enterprise.   The unit of the central government owned enterprise China South Industries Group, Baoding Tianwei Group Co defaulted on account of inability to pay US...
Apr 21, 2015
 
Daikin takes HVAC Technology to Houston Residential Project

The acquisition of Goodman Global Group of Houston was small take over by Daikin Industries Ltd. The Japanese air-conditioning company had small presence in U.S. in 2012. Since the Japanese company acquired the American company at US$3.7 billion, the Japanese air-conditioning maker has been expanding presence in the market. Daikin North...
Apr 21, 2015
 
Volkswagen Bus to Comeback as Electric Vehicle

The “hippie wagon” an icon from Volkswagen is going to have a makeover soon. The news was announced at the New York Auto Show about the German automobile maker’s plan of launching a brand new camping vehicle. As per the announcement, the vehicle would run on batteries and not on petrol complemented with electric motor to prope...
Apr 20, 2015
 
A New Launch from Mercedes-Benz in China

The sophisticated Concept GLC Coupe from Mercedes-Benz makes a debut in the Chinese automotive market. The automobile debuted on the occasion of the Auto Show held in Shanghai in 2015. The Concept GLC Coupe from Mercedes-Benz is a curtain raiser to the GLC Coupe that is coming soon, a sporty type of the GLC Coupe and successor to the classic Me...
Apr 20, 2015
 
Augmented Vision for BMW Mini for Drivers

Google glasses created a furore to help people drive, but augmented glasses from BWM are a step ahead. The company is announcing the release of Mini Augmented Vision, it is a pair of prototype glasses that aids drivers for directions, hidden obstacles, and features hands-free music control and texting. The augmented vision if combined w...
Apr 20, 2015
 
Global Manufacturers are Adopting Green Resource to Harness Energy

Globally, there has been a significant surge in the natural gas production, which not much long ago was anticipated to be a short-term supply. However, increase in production  of natural gas in the recent years have transformed the concept of electricity generation, introducing the population to a cleaner and more efficient source of energ...
Apr 20, 2015
 
Ford Will Invest US$2.5 Billion To Expand its Manufacturing Operation in Mexico

It was formally announced by Ford Motor Co. on Friday that the company is looking forward to spend US$2.5 billion to expand its manufacturing operations to two of the chosen sites in Mexico.  The industry leading automaker is planning to invest US$1.3 billion to build a new facility dedicated to the manufacture of engine and also t...
Apr 20, 2015
 
Leading Chinese Mobile Manufacturer Gionee to Manufacture from India

Indian Government at present is engaged in the drive to encourage local manufacturing of mobile devices. They have even significantly reduced the duty to encourage global companies from manufacturing mobile devices from the soil of India itself. The plan of offering tax benefits seems to be working for, since leading Chinese manufacturer Gionee...
Apr 20, 2015
 
Chinas Policy on Banking Tech Suspended

China recently rocked the American business sector by announcing policies that would mandate American tech giants, one of the most important sectors of the U.S. economy, would have to hand over confidential data such as source codes. This move was met by heavy opposition from a united front of American tech executives and politicians, including...
Apr 17, 2015
 
Highest Level of Quarterly Revenue Recorded in Four Years

The big players on Wall Street are getting their magic back. Citigroup Inc., Goldman Sachs Group Inc., and the Blackstone Group LP have each posted blowout earnings on Thursday which has topped analysts’ expectations and have signaled many of the financial industry’s cylinders which are firing. These announcements were parti...
Apr 17, 2015
 
Australian Wealth Management Business to be Reviewed by UBS

UBS AG launched recently a review of their Australian wealth management business, according to the chief executive representing wealth management division at the the Swiss bank. Also, the statements to the Wall Street Journal showed an article which was published in Australian Financial Review cites some unnamed sources, stated the Aust...
Apr 17, 2015
 
Rating of Chinese Life Insurance Company Downgraded by Deutsche Bank

The China Life Insurance Company’s rating were lowered by Deutsche Bank from a buy rating and changed to a hold rating, according to a research note issued by Wednesday. Also, the China Life Insurance Company has traded around 4.6535% few days back and reached a total of US$76.6901. This stock has resulted in a trading volume of s...
Apr 17, 2015
 
US FDA Gives Approval for First Corneal Implantable Device

The United States Food and Drug Administration (US FDA) on Friday gave its approval for the KAMRA inlay, which is the first of its kind implantable device used to correct near vision in those patients who have not undergone a cataract surgery. The KAMRA inlay is implanted in the cornea - the clear, front surface - of one eye to improve near vis...
Apr 17, 2015
 
India to get First Medical Devices Park

The Indian state of Gujarat will be housing the country’s first ever medical devices park. A move that complements Prime Minister Narendra Modi’s campaign of ‘Make in India’, the central government has decided to set up the first of its kind medical devices park in the Prime Minister’s home state Gujarat. S...
Apr 17, 2015
 
Thoratecs LVAD shows Better Survival Results in a Year

At the yearly meeting of the International Society for Heart and Lung Transplantation, Thoratec presented its one year results from its real world study titled ROADMAP. The meeting was held in Nice in France on Friday. According to the results, patients who were given the Thoratec HeartMate II left ventricular assist device or LVAD presented an...
Apr 17, 2015
 
Cancer Specialists Change Payment Approach to Improve Healthcare and Costs

One of the key goals of the health care law by US President Barack Obama was widening the health insurance to cover more people. The next phase of health care coverage is here. A phase that examines ways and methods in which health care is delivered and how the mounting costs associated with such care can be controlled.  Stakeholde...
Apr 16, 2015
 
Just 251 US Hospitals Receive Highest Score on 5 Star Rating System

Only 251 hospitals in the United States received the top most score on the latest five star rating system that was rolled out by CMS on Thursday.  The latest ratings are a part of a wider initiative devised by the federal agency to utilize a five star rating system across all the web pages that are aimed to help consumers in compar...
Apr 16, 2015
 
Merger between Health Care Businesses CollabRx and Medytox Solutions Announced

Health care technology providers CollabRx Inc. and Medytox Solutions Inc. have announced their merger.  Medytox is based in West Palm Beach in Florida and owns an electronics records provider, clinical testing laboratories, a medical billing company, and a laboratory information systems company. CollabRx is headquartered in San Fra...
Apr 16, 2015
 
EDS Footwear Hiring Multilingual Staffs

Chinese giant in footwear industry, EDS Footwear assured about the hiring of various multilingual Chinese and Western managers, product engineers, fashion designers, and quality control auditors. EDS Footwear declared that they will only hire multilingual staffs in major roles as they have realized that when it comes to developing fashion in fo...
Apr 16, 2015
 
Wal-Mart Filling Empty Shelves at Lower Prices

Wal-Mart Stores have acknowledged the previous year that it had huge problems to solve in the U.S. grocery trade. The customers thought that its fresh food was not appealing and generally found vacant shelves because of the problems faced by the supply chain. Additionally, peers had initiated to weaken the retail biggie on prices. In th...
Apr 16, 2015
 
Amazon Creates Edge for Key CPG Brands

Amazon set the Internet agitated when it declared its recent most digital innovation named the Dash Button. Many major CPG firms such as Clorox, P&G, Coca-Cola, and Kraft are by now on board with the e-commerce major testing with Amazon Prime associates. It is already being stated that these in-home buttons could give large CPG players the ...
Apr 16, 2015
 
Medical Stocks to Watch Out For

The medical devices industry has been on the rise recently, due to growing demand from all over the world. The growing incidence of chronic diseases, augmented by the growing geriatric population is the reason for this. The latest figures from the Portfolio Grader reflect this upwards trend in the medical devices industry. Here are the top stoc...
Apr 15, 2015
 
European Union to Impose Labeling Rules on the Alcohol Industry

The European Union has imposed certain labeling rules on alcohol manufacturers, wherein the latter will have to disclose the amount of calories present in the drinks. As a result, consumers will be able to understand the amount of calories that they will consumes with each beverage serving. This rule implemented by the European is facing veheme...
Apr 15, 2015
 
US Wine Exporters Study Demand Patterns in China Wine Market

Several wine exporters in the U.S. have tried to understand the factors that will drive the white wine market in China. This question has remained unanswered for years that what sort of white wines will the people of China prefer consuming. Studies and observations over a period of time have indicated that there exists a strong connection betwe...
Apr 15, 2015
 
Treatt to Start a New Applications Center in the UK

As per Treatt, a U.K. based beverage company, innovation is a major driving force behind the success of the beverage industry. This also leads to high inclination of consumers to try out new things in the market. Treatt, which supplies flavor ingredients, will soon be establishing a beverage applications facility in its U.K. head office. This c...
Apr 15, 2015
 
Wanxiang Group Corp. Makes Huge Investments in the U.S. Real Estate

China's largest auto-parts manufacturer, Wanxiang Group Corp. stated that they may have tagged as the biggest Chinese corporate investor in the U.S. real estate sector, assuring that economic recovery will be generating better returns. The President of Wanxiang's, U.S. unit having its headquarters in Elgin., Ni Pin said that the company...
Apr 15, 2015
 
Yanfeng and Johnson Controls Comes Together to Form the Biggest Supplier of Automotive Interior Equipments

A subsidiary of China's biggest car maker, Yanfeng Automotive Trim Systems Co. Ltd. and Johnson Controls Inc. have finalized their deal by signing the agreement to be the world's biggest supplier of automotive interior equipments. One of the units will be based in Shanghai and will attribute US$8.5 billion sales annually. On Tuesday, Yanfeng an...
Apr 15, 2015
 
Hyundai Surpasses Other Auto Brands to Hold the Top Position in China

Hyundai Motor has surpassed General Motors Company’s Buick and Volkswagen AG by earning the topmost place in China’s mass market automotive brands. Hyundai was tagged the mass-market, top-ranked automotive brand in a consumer survey which was conducted by the Chinese state. This survey was based by conducting interviews with...
Apr 15, 2015
 
Oil Spill Anniversary: Obama Govt Proposes New Regulation

The Obama government is putting forward a new regulation that deals with offshore oil and gas drilling and is aimed at preventing the kind of mishaps that led to the catastrophic explosion at the Deepwater Horizon rig in the Gulf of Mexico five years ago. The explosion at BP’s rig went on to cause the biggest oil spill in the history of A...
Apr 14, 2015
 
China goes on Oil-Buying Spree Once Again

Recent events have shown that yet again, China is off on an oil buying spree. According to traders based in Singapore, in April alone, China National United Oil Corp., or state-run China National Petroleum Corp.’s trading unit bought a total of 19 tankerloads of oil ( this is equal to 9.5 million barrels of oil), which will be delivered i...
Apr 14, 2015
 
Crude Oil Prices Rise on Weaker Dollar

The prices of crude oil on Tuesday rose owing to a weak dollar as well as on the hopes of a looming fall in oil production in the United States.  The dollar fell against other key currencies owing to weaker than expected retail sales data in the US. Crude oil is priced in dollars is rendered more affordable to those purchasing thro...
Apr 14, 2015
 
Financial Literacy Level in Singapore Falls

The latest Financial Literacy Index for Asia Pacific, released by MasterCard, revealed low financial literacy in Singapore. The nation ranked sixth among the list of 16 countries where the survey was done. Singapore had ranked fourth in the earlier survey. Taiwan leads the list of the surveyed countries, followed by New Zealand and Hong Kong. T...
Apr 14, 2015
 
China Merchants Banks to Gain from Employee Stock Incentive Plan

With an announcement regarding employee stock incentive plan, China Merchants Bank Co. is expected to register the biggest gain in more than six years, with its share value rising to 20 percent in Hong Kong. The increased share value of the bank will help it to raise 6 billion yuan in a private placement to no more than 8,500 employees.  ...
Apr 14, 2015
 
Put Warning Labels on Sugary Drinks: Public Health Advocates

Public health advocates on Monday requested state lawmakers in New York to put warning labels on sugary drinks that caution consumers regarding the dangers of diabetes, obesity, and tooth decay. This urge by the public health advocates comes at a time when every state across the United States is coming to terms with costs, both financia...
Apr 13, 2015
 
Coca Cola Loses NBA Sponsorship to PepsiCo

PepsiCo, the food and beverages giant announced on Monday that it is all set to become the exclusive food and beverages partner for the National Basketball Association in North America, beginning from the next season. PepsiCo’s announcement will bring to an end the relationship that Coca Cola has had with the league since 1986. Ne...
Apr 13, 2015
 
Nestle Reformulates Nesquik amid growing Health Concerns

Swiss food company Nestle SA said on Monday that it is reducing the sugar added in its Nesquik products of flavoured milk powder. This is one of the many moves made by the food company in recent times, seeking to reduce the content of salt and sugar in its products. The move comes after the public expressed health concerns regarding its offerin...
Apr 13, 2015
 
HDFC Becomes First Lender to Develop Mobile Banking App for Apple in India

HDFC bank is ready to become the first bank in India whose mobile banking application will be available on the Apple’s recent offering that is Apple Watch, which to be rolled out in India later in April. HDFC Bank is most probably the 4th lender across the globe to boast such an app. The head of the digital banking department in H...
Apr 13, 2015
 
Global Trade Groups Try to Curtail New Chinese Bank

China emerges to be going on with new bank-technology regulations that may exclude foreign tech suppliers, according to the trade groups, indicating minimal progress in efforts by these groups and Washington to convince Beijing to close down or think again on the measures. The U.S., the European and the Japanese trade groups sent a letter on Mo...
Apr 13, 2015
 
Financial Traders Increased Betting on Higher Prices of Oil

The oil prices increased a bit on Monday, enduring from a strong end to the previous week as the financial traders raised bets on higher prices amidst a slowdown in the U.S. drilling, but analysts cautioned that the fundamentals kept on being weak. The Front-month contact on Brent crude futures were doing up business for 13 cents for US$58 per ...
Apr 13, 2015
 
US Government Cancels Intel’s Chip Export License to China

Fearing that China might be using its supercomputer Tianhe-2 for nuclear research, the US government cancelled the export of thousands of chips required for updating the supercomputer. Chipmaker Intel was supposed to sell its Xeon chips which could have boosted the number-crunching abilities of the Chinese supercomputer. Tianhe-2 has been terme...
Apr 13, 2015
 
Fire Continues to Rage at Chemical Plant in China

Evacuation efforts are going on for the third day, after a major fire broke out at a chemical plant in China. Almost 30,000 people have been evacuated from the villages around the blast site which is located on the Gulei Peninsula in Beijing. The controversial chemical plant belonging to Tenglong Aromatic Hydrocarbon (Zhangzhou) Company Limited...
Apr 10, 2015
 
US Chemicals Manufacturer Solenis Targets India to Increase Business

US-based specialty chemicals manufacturer Solenis has acquired Connell Bros Company India Private Ltd (CBC India) which specializes in manufacturing chemicals for the pulp and paper market. Formerly known as Ashland Water Technologies, Solenis is looking forward to expand its business in India. The company specializes in manufacturing chemicals...
Apr 10, 2015
 
Chinese Government Slashes Resource Tax to Save its Domestic Miners

In an attempt to help the domestic iron ore industry, China has decided to reduce its iron ore resource tax from May 1. China’s resource tax is among the highest in the world and with the reduction in the resource tax, it aims to help the domestic iron ore producers.  Brazilian miner Vale and Australian miners Rio Tinto and B...
Apr 10, 2015
 
Australian Pharma Industry Calls for Aid

The Australian pharmaceutical industry has suffered a hit in recent years owing to reducing exports and lack of support from the existing regulatory framework. According to recent figures analyzing the performance of the Australian pharmaceutical industry in 2014, pharmaceutical exports from Australia dropped by 18% in 2014 to fall to US$2.9 bi...
Apr 9, 2015
 
International Luxury Car Brands Focus on Manufacturing Smaller Cars in China

With China’s economy slowing down, the demand for larger luxury cars has reduced significantly. The high-end car market in China grew only 22% last year, compared to the growth of 43% in 2011. According to the consultancy IHS Automotive, the growth of the high-end car market is expected to reduce further to 14% this year. Utilizing this o...
Apr 9, 2015
 
Car Sales in Vietnam Increase, Affecting the Motorcycle Market

Vietnam is witnessing an increase in the car sales which reflects the country’s middle class preferring four-wheelers over two-wheelers. With over 5 percent economic growth rate for 15 years, the country famous for its huge number of scooters is now seeing a switch in the choice of the rapidly expanding middle class. According to the data...
Apr 9, 2015
 
Gujarat to Lead Development of Indian Medical Devices Parks

India is one of the fastest developing economies in the world, driven by the growing workforce and growing government investment in the industrial sector. One of the sectors left largely untouched by the government initiatives, and notoriously so, is the medical and healthcare sector. That is about to change, as announced by Ananth Kumar, the U...
Apr 8, 2015
 
Hedge Fund Manager Making Money by Challenging and Betting against Patents

A renowned hedge-fund manager is taking an innovative approach for making money, that is, by publicizing and filing patent challenges against pharmaceutical enterprises while also making a bet against their stocks. Mr. Kyle Bass, the head of the Hayman Capital Management LP that made a fortune by betting on the housing bust, is focusing...
Apr 8, 2015
 
FIIs investments in Glenmark Pharmaceutical and Aurobindo Pharma got Approval

The CCEA or Cabinet Committee on Economic Affairs, headed by the Indian Prime Minister, Mr. Narendra Modi, today gave permission to 2 important foreign investments in the pharmaceutical industry. Aurobindo Pharma is engaged in producing active pharma and generic pharmaceuticals ingredients, and permission has been provided for qualified institu...
Apr 8, 2015
 
Mexican Drug Lobbies Infiltrating Hong Kong

The atrocious narcotics turf conflicts that ate up Mexico for the previous decade have left over 100,000 citizens dead or gone missing. The bodies are often dismembered. The victims are frequently hanged from bridges. The decapitation is a common thing. Behind this violence are the infamous drug lobbies of the Mexico, which are now searching fo...
Apr 8, 2015
 
New Laser Imaging Chip can Transform a Phone into a 3D Scanner

Smartphones are capable of doing an okay job of evaluating how far away an object is while taking a photo. However, the image itself is still considered as a flat plain of pixels. A team at Caltech in a research has created a new imaging chip which can be incorporated into phones to capture a full 3 dimensional view of an object that ca...
Apr 8, 2015
 
China Considering Acquisitions with U.S. Firms

China is currently eager to expand its industry of semiconductors and likely continue its lookout for acquisitions in the United States despite the growing tensions between Washington and Beijing over security and technology matters, as per an industry observer. According to the director of global innovation and policy based at the Info...
Apr 8, 2015
 
New Study Says Pentagon Needs to Rethink its Laser Guns Development

After the Navy past year said that they have successfully fired their experimental laser gun, when they on-bard the USS Ponce. They fed curiosity about how fast they can be directed energy weapons and would change how the U.S. forces fight. However, they also underscored something else, as per a new report. The department of defense new develop...
Apr 8, 2015
 
Milk Consumption Associated with Glutathione Levels in Human Brain

A team of researchers in the Medical Center of the University of Kansas has observed a certain correlation between the consumption of milk and levels of glutathione. Glutathione refers to an antioxidant that is found naturally within the brains of healthy old people. Several researchers and scientists from the areas of nutrition and dietetics c...
Apr 7, 2015
 
Big Bang to Operate Again after Two Years Shutdown

The European physics research centre had a wait for exact two years. In 2013, scientists at the European physics research centre, ‘European Organization for Nuclear Research (CERN) had to force shutdown the Large Hadron Collider (LHC) from operating. This was done to upgrade to a system with high energy beams. The wait was long ex...
Apr 7, 2015
 
New MoU signed between NFC of China and Greenland Minerals and Energy

The Chinese corporation from the Non-Ferrous Metal Industry, Foreign Engineering and Construction Co. Ltd (NFC) has signed its second Memorandum of Understanding (MoU) with Greenland Minerals and Energy. The MoU is signed for the development of Kvanefjeld project in the arctic region of Greenland. The MoU states the undertakings of both...
Apr 7, 2015
 
P W Minor Manufacturing Returns to Homeland New York

P W Minor, known as manufacturer and distributor for leather footwear merchandise and orthopedic products has brought back manufacturing from China to homeland New York. The relocation move will create job opportunities up to 100 more at the company’s Batavia facility in New York State. The project that is going to cost US$7.35 mi...
Apr 7, 2015
 
U.K. Teachers Advise Students Against Energy Drinks

Teachers in the U.K. have begun warning their pupils regarding the risks involved in staying up in the night and depending on gaining energy from energy drinks before resuming school the next day. The teachers have said that it could lead to an inevitable crash in the second half of the day. Chris Keates, the Teachers’ Uni...
Apr 7, 2015
 
Ford Motor to Boost China’s Auto Industry

A joint venture between Ford Motor Co. and its Chinese partner Chongqing Changan Automobile Ford Motor Co. is going to revive the struggling Chinese domestic car maker’s factory. This deal is of worth 6.6 billion yuan ($1.08 billion). The investment highlights the demand for foreign-brand cars in China.  A number of foreign a...
Apr 3, 2015
 
Clariant Chemicals acquired Lanxess India’s Black Pigment Preparations Portfolio

Lanxess India’s carbon black pigment preparations portfolio was acquired by Clariant, the Swiss company specializing in chemicals. Black pigment preparations are applied in the viscose fibre processing which are used to make various viscose-based products. This deal will help Clariant to increase its capacity in pigment preparation and ex...
Apr 3, 2015
 
Overseas Road Shows to Encourage in IT Industry

Some roads shows are planned to showcase the ‘Sunrise State’ and woo the investors in the United States, Taiwan, Japan, Korea, Germany, and China. The road shows will highlight the potential for collaborations and investments. These aspects will also be highlighted from single window clearance and incentives that will be introduced ...
Apr 3, 2015
 
London Lure for Tech Firms Bumped Up

London’s tech aura continues to grow in 2015. The Alpha++ city is in no mood to stop its progress to becoming a global tech hub, with its technological firms continuing to draw in venture capital financing at a growing rate. London’s tech companies acquired financing of US$682 million (more than GBP460 million) in the first quarter ...
Apr 3, 2015
 
First Version of Hawaii Clean Energy Initiative Comes to an Official End

According to public documents, the Hawaii Clean Energy Initiative (HCEI) has come to an official end. This initiative was composed of a series of agreements, signed way back in 2008, which promised to shape the future of state’s energy plans, which included achieving a target of producing 70% renewable energy by 2030. The initiative was l...
Apr 3, 2015
 
Medtronic Settles Lawsuit, to Pay US$4.4 Million

Looking to settle a lawsuit, medical device maker Medtronic has decided to pay US$4.4 million. The lawsuit was filed by the US federal government, who accused Medtronic of selling China as well as Malaysia manufactured medical devices to the US military.  According to the federal law, all medical devices that are sold to the US mil...
Apr 3, 2015
 
Masters Pharmaceuticals to Move 225 Jobs to New HQ

Cincinnati-based pharmaceuticals giant Masters Pharmaceuticals announced on March 30 their plans to build a new corporate headquarters in Mason, Ohio. The company’s current HQ in Forest Park will be shifted to Mason, where the rapidly growing company intends to build a 300,000-square-foot office space, which would be extendable to 550,000...
Apr 2, 2015
 
China to Deploy NFC SIMs for Promoting the NFC Transport System

NFC SIMs, Gemalto’s UpTeq Multi tenant has been selected by China Telecom for the deployment of secure and effective transport services of NFC in Beijing and Shanghai which are China’s two main largest cities.  The deployment of this service will ensure that close to 45 million commuters in China will be able to pay for their d...
Apr 2, 2015
 
Tasmania to Adopt Strategies to Expand in the Chinese Food Market

National Farmers Federation Chief Executive Officer, Simon Talbot informed that he has a fixed agenda for the state while visiting Tasmania for addressing the Farmers and Graziers Association. He further stated that this is the place where he grew up and at Lower Barrington, his family –wife and four children operated a Murray Grey stud. ...
Apr 2, 2015
 
Calls for Abolition of Medical Devices Tax Grow Louder

A part of the 2010 healthcare law passed by U.S. President Barrack Obama has found bipartisan opposition due to its inclusion of a 2.3% excise tax on the sales of medical devices. Democratic Representative Edward Markey filed a bill last month that would remove the mandating of this widely unpopular tax. Opposition from Democratic senators demo...
Apr 1, 2015
 
Reliance Industries and Myanmar Sign Product Sharing Contract for Two Offshore Oil Blocks

Reliance Industries signed a deal with two Myanmar-based offshore oil and gas exploration blocks. The contract is essentially made to enter a foreign territory as the regulator frame at home is getting extremely difficult. A spokesman from Reliance stated that Myanma Oil & Gas Enterprise (MOGE), a government-run organization signed the deal...
Apr 1, 2015
 
Intel’s Acquisition of Altera can Help the Chipmaker to Penetrate Other Sectors

Wall Street is musing that the world’s largest maker of chips, Intel Corporation is planning to buy fellow chipmaker company called Altera Corp. This deal is anticipated to be worth US$10 billion, according to the sources. However, the terms and timing of the deal might not work out. Currently, Intel is searching for new avenues o...
Apr 1, 2015
 
Alcoholic Beverages: Calorie Labelling Must be Made Compulsory

Members of the European Parliament on Wednesday called for a meeting of the European Parliament’s Environment, Public Health and Food Safety (ENVI) committee and passed a resolution regarding the listing of ingredients and nutritional information on alcoholic beverages. The committee also stated that they wanted a warning printed that cau...
Apr 1, 2015
 
China Headed for Peak in Gasoline and Diesel Consumption: Sinopec Projections

According to projections made by China Petroleum and Chemical Corp., it looks like China is headed in the direction of its peak consumption of gasoline and diesel, much earlier than what analysts and energy companies in the West have predicted.  If these projections made by the country’s largest oil refiner Sinopec, which is ...
Apr 1, 2015
 
Fall in Spending on Construction in the US Impacting Overall Growth

The spending on construction in the United States dipped in February, numbers reveal. This was mainly brought down by a fall in single family home building.  The spending on seasonally adjusted construction dropped by 0.1 per cent in February following a revised dip of 1.7 per cent in January. This was reported by the Commerce Depa...
Apr 1, 2015
 
Balkan Peninsula to Host Second Croatia-Belarus Economic Forum 1-4 April, 2015

The second economic forum of the Croatian-Belarusian will be held on 1-4 April in Varazdin, Croatia. The event will be held in the given time and will focus on the strengthening and development of economic cooperation and bilateral trade. The agenda of the forum will include various meetings with the representatives of the government bodies, bu...
Mar 31, 2015
 
City in Texas Opts for 100% Renewable Energy to Save Planet or Money

A city in Texas will be powered completely by renewables has surprised an oil obsessed, state where fossil fuels ruled the market and climate change activists were considered the equivalent of flat-earthers. Jim Briggs an interim city manager of Georgetown commented that he was called as an Al Gore clone and a tree hugger. He lives in a...
Mar 31, 2015
 
Samsung, LG Electronics decide to call off Recent Spat

South Korean consumer goods giants LG Electronics and Samsung Electronics stated on Tuesday that they have decided on calling off their legal quarrel comprising of a bitter conflict that lasted for several months over some damaged washing machines. In a joint statement, both the companies declared that they would both withdraw all the c...
Mar 31, 2015
 
Mada 2, Toyota Yaris, VW Polo, and Honda Jazz Stiffens Competition for Small Car Makers

Honda Jazz, Toyota Yaris, VW Polo, and Mada 2 seem to have set the trend for small cars which is very much in. All these cars have five doors instead of the regular three doors coupe.  Honda Jazz is a little below four meters in length, and it is slightly tall than its competition car offering a good amount of space. The car makes ...
Mar 30, 2015
 
Mercedes-Benz to Launch First Pickup Truck by 2020

Daimler AG, the parent company of Mercedes-Benz has announced the launch of its first pickup truck by 2020. The company has plans to build its first pickup truck in cooperation with Nissan. The launch is aimed to contribute towards global growth targets, as said by Daimler CEO. The launch of the pickup truck will big that will keep with...
Mar 30, 2015
 
Electric Vehicle Market to Go a Long Way

The electricity operated automobile market is expected to go a long way owing to increasing carbon emissions of vehicles. Nations all over the world irrespective of their pollutants and energy deposits are underway to have more electric cars running on the roads. The adoption of electric vehicles is different in all countries. For some ...
Mar 30, 2015
 
Google Acquires Patent for Google Lenses

Google enjoys being the leader in craziest of innovations and inventions. This time on, the company has geared up to launch a coming-of-edge range of contact lenses, for which the company has even acquired patents rights. The news of Google being granted the patent right, came at a time when the company is gearing up to somewhat alter its appro...
Mar 30, 2015
 
China Unveils Made in China 2025 Plan

The term “Industry 4.0” was first coined by the Germans in 2011 at the Hanover Fair. Today this term has become very popular in China. One of the most prominent members of the National Economic Committee of the Chinese People’s Political Consultative Conference, announced at public exhibition last week that the Ministry of Ind...
Mar 30, 2015
 
Kang Baohua, the China Elevator Entrepreneur is the New Billionaire to Enlist his Name in the Global Billionaire Club

The news of Kang Baohua, the reigning chairman of industry leading elevator company in China, Shenyang Brilliant Elevator, is the recent eminent personality to join the ranks as one of the world’s most prominent billionaires. The new of Kang Baohua’s name to be the newest in the global billionaire club came after gains were reflecte...
Mar 30, 2015
 
Wisconsin Company Recognizes a New Business Segment to Expand Its Horizons

Wisconsin companies have foreseen opportunities for their new products and huge number of sales in the coming decade in the rising field of energy storage. A new report has been presented for a Milwaukee founded energy collaborative which gives a suggestion that the global market for products in this market will grow explosively at a rate of 40...
Mar 30, 2015
 
Chinas New Space Station Will Use Solar Power To Generate Electricity

China is all set to build a massive solar power station that will be 36,000 kilometers above the ground level which is in an effort to cut on the greenhouse gases, to battle smog, and solve the problem of energy crisis. This attempt is almost on the same lines of an idea that was first floated in 1941 by a fiction writer Isaac Asimov. I...
Mar 30, 2015
 
The Peak Association Calls for a Deadlock in an Open Letter

In the last week the Government by all means gave a rejection to a proposal which was presented by Clean Energy Council for a compromise on the RET. A group of top business associations which includes Clean Energy Council (CEC), the Business Council of Australia, and Energy Users Association of Australia had given a warning that time wa...
Mar 30, 2015
 
Gallup Poll Reveals State of Energy Awareness in the U.S.

Gallup has come up with a new poll exposing the indifference displayed by American citizens towards energy issues. According to its new poll published today, less than 30% – 28%, to be precise – Americans feel the energy situation in the U.S. is very serious. More worryingly, around 20% of the population thinks the situation is not ...
Mar 27, 2015
 
Heinz-Kraft unification may lead to challenges for the two

In an iconic food industry merger, H.J Heinz Co and Kraft Foods came together to form a $28 billion company in revenue. The Berkshire Hathaway chairman Warren Buffet was in news this week on announcing the unification of two leading organizations in the world. Warren Buffet said he was delighted to be a part of the merger. Another name ...
Mar 27, 2015
 
Pepsi leads Diet Coke to become 2nd most popular in the world

Pepsi, the world’s favored soda maker restores its position. Pepsi now leads Diet Coke, which had taken the 2nd position after Coca-Cola.  Diet Coke now has a market share of 8.5% slightly lower than Pepsi which is 8.8%. Coca-Cola emerged as the clear leader with 17.6% of the market though the volume increase was only 0.1% in 2014. ...
Mar 27, 2015
 
Do we have a bend for foods that make a noise

It is quite natural that foods such as carrots, chips or anything which cracks, snaps or have a sound while biting is more interesting. Flavor perception is not only about the aroma, but also sound and other things associated with the food. A study suggests perceiving flavors of food are a multiple senses act. The study furthers the fac...
Mar 27, 2015
 
Scientists Develop Light Emitting Metallacages and Metallacycles

A group of researchers have recently developed platinum-organic metallacages and metallacycles which are light emitting in nature. Peter J Stang, a professor at the University of Utah talked in much detail about the complexes of supramolecular coordination which are self assembling. By choosing combinations of organic linking groups and angular...
Mar 26, 2015
 
Researchers Develop Newer Membranes for Producing Clean Water

Researchers at the University of Melbourne along with the CSIRO have come up with new types of microfilters or membranes that can produce clean water via energy efficient mechanisms. This newly developed technology will aid in the supply of clean and hygienic water that can be used for water purification and desalination applications. A profess...
Mar 26, 2015
 
Algae from Water Bodies can be Used as Fertilizers and Biofuels

Algae growth that is water-borne from runoffs of farm fertilizer has the capacity to completely destroy water and aquatic life and can also lead to the clogging of lakes and rivers and other water bodies. However, scientists and researchers today are focusing greatly on developing techniques for cleaning up such environmental scourges and waste...
Mar 26, 2015
 
Mobile Carrier in Taiwan May Not Give a Break to Unlimited 4G Packages This Year

On Monday, the Taiwan’s second biggest mobile carrier informed that they are planning to cancel the unlimited data plan they provide for its fourth generation mobile network in a span of few months.  James Jeng, company’s president informed CAN that Taiwan Mobile will not be the first local carrier which will end the tr...
Mar 26, 2015
 
Huawei to Get a Clean Bill for Cyber Security from UK

According to an independent review board of British, the Chinese telecom company – Huawei is all set o receive a clean bill regarding cyber security health. This British board is specially established to determine the concerns related to security of the company’s technology. Previously, Huawei had many complications to enter the for...
Mar 26, 2015
 
India Has Set a Record by Raising a Huge Amount in the Auction of Telecom Airwaves

On Wednesday, The Telecom Minister Ravi Shankar Prasad informed that India has set a record by raising US$17.6 billion by making sales of mobile phone airwaves in the recent telecom spectrum auction after a fierce bidding for almost nineteen days. He further said that the government has received bids which were worth of almost US$16 bil...
Mar 26, 2015
 
Mercedes Recalling Cars Due to Faulty Tail Lamps

Mercedes-Benz has recalled a bunch of its cars of different models. These models had a serious potential issue which was associated with its rear tail lamps and another issue which could result in a potential fire. This news became known as the documents posted on the website of National Highway Traffic Safety Administration. The tail light of ...
Mar 25, 2015
 
Le Mans Racer Upgraded: Audi’s New Racer will be Even more Advanced this Year

The month of May could become the pinnacle of motorsports; however, endurance racing is still somewhere all the cool stuff happens. Running flat out in a race like the Le Mans twenty-four hours demands the extreme most level of skills and engineering. It also calls for a premium on efficiency as the time spent in the pits are refueling and this...
Mar 25, 2015
 
Honda has unveiled its New Bike The Bulldog

Motorcycles are undergoing modern makeover and the newest addition to this group is a bike which is from Honda. This new bike called Honda Bulldog is a boxy shaped and matte finish featuring bike. It has pastel trimming with a beautiful dark charcoal color and has a rounded out engine which has taken from one of its existing motorcycle and thes...
Mar 25, 2015
 
Impella 2.5 from Abiomed Achieves Pre-market Approval

Impella 2.5, the proprietary product of Abiomed Inc. has been given FDA’s premarket approval (PMA) for use in high-risk percutaneous coronary intervention (PCI) surgeries. The device which had 510(k) approval earlier in 2008 was now evaluated for PMA for 515 initiative of FDA. The approval makes way for the device to be used for e...
Mar 25, 2015
 
IRS Sets Up Advisory Committee in UAE

The Indian Register of Shipping has ventured into the UAE arena to explore more business opportunities. As reported earlier in Dubai, the IRS has set up new advisory committee of seniors to deepen the roots of business links in the UAE region.   The committee is made up of 11 senior representatives that are involved in shipping ind...
Mar 24, 2015
 
SA Formal Sector Boosts Jobs in Various Sectors

The formal sector in South Africa created immense jobs in the final quarter of 2014. Much of this growth in the job segment was due to the seasonality, reported the quarterly employment statistics survey in SA on Tuesday. The total formal non-agricultural employment grew by 42,000 jobs from a value of 8.947 million people. The statistic...
Mar 24, 2015
 
New Delhi Ranked at Eighth Position in Asia Pacific’s Retail Hotspots in 2014

Nineteen global retailers made their entry into the New Delhi market, which is recognized to be the national capital of prime shopping. This caused the city to retain its eighth rank among the different Asia Pacific retail hotspots.  The news by the property consultant CBRE Retail Hotspots situated in Asia Pacific 2014 said that a ...
Mar 24, 2015
 
Green Coffee Extract Positively Impacts Diabetics

Scientists have been studying the benefits of green coffee bean extracts for a several years to understanding the benefits it has to offer for diabetics around the globe. Type 2 diabetes is a metabolic disorder that leads to mismanagement of glucose levels in the blood stream. It makes the body resistant to insulin or the body stops producing i...
Mar 24, 2015
 
Costa Rica Making Use of Renewable Energy and Zero Burning of Fossil Fuel

For the past 75 days, the economy of Costa Rica has been surviving on non-conventional energy sources, and has not burnt any fossil fuel. Much of this can be attributed to the degree of rainfall that took place in the country this year, which has given a major boost to the hydropower segment. This has in fact, led to generation of electricity f...
Mar 24, 2015
 
China to Encourage Consumption of Renewable Energy in the Area of Public Transport

The government of China is taking steps towards encouraging the substitution of non renewable energy sources with renewable energy, primarily in the area of public transport. The Transportation ministry of China has put forth a rather ambitious target that pertains to the use f clean energy by the public transport segment of China.  ...
Mar 24, 2015
 
Carbon Emissions under Control, Says the International Energy Agency

According to the IEA (International Energy Agency) for the very first time over the last four decades, 2014 turned out to be the year which recorded the same level of CO2 emissions as the year earlier. On a positive note, this development was in no way connected to economic slowdown. The IEA states that the carbon dioxide emission in 2014 was a...
Mar 24, 2015
 
Joe Fresh’s founder Joe Mimran takes a step down to Pass the baton

The creative director of a widely known apparel brand Joe Fresh, Joe Mimran has taken a huge step down and has made way for Mario Grauso, the current president of Joe Fresh who will be taking the control of the brand. The Canadian media informed that a statement that was given by Loblaw Companies which is the owner of the apparel label said tha...
Mar 23, 2015
 
Golf-Specific A Must Buy If You Are a Golf-Lover

Owner of Golf Headquarters, Mike Schuchmann, feels that for a average Joe or who plays golf once in a summer can think of wearing tennis shoes and going to the golf course; however, for a avid golf player one must go for golf-specific shoes for many reasons. He further says that around 90-95% of people who are regular golf players wear ...
Mar 23, 2015
 
Lechal Shoes - a navigator for visually impaired

The annual technical and entrepreneurial festival of IIT K, Techkriti – 2015 witnessed an innovative pair of footwear which was made to aid visually impaired for navigating. The footwear named as ‘Lechal’ which means take me along in Hindi language was the showstopper of the event. The sneakers are equipped with a GPS system w...
Mar 23, 2015
 
Fossil Fuels Use will Continue, despite the Steady Growth of Renewables

Three arguments have been advanced in the past few years by the environmental movement. The first one is that soon we will be running out of fossil fuels. Secondly, the alternative sources for energy will be priced out of the marketplace. Finally, we cannot afford the consequences of climate burning them. Now days, there is not one of t...
Mar 23, 2015
 
A New Path for Renewable Energy Set by Solar Sails

Caroll’s company which is based in Cambridge makes lightweight and flexible solar panels as these can be rolled and stored onto flexible and curved structures such as domes or shelters for agricultural land and also for roofs of buildings to sustain the weight of glass panels. This company is called Solar Cloth Company. According ...
Mar 23, 2015
 
Government has informed the Renewable Energy Industry to Take or Leave It

The Industry Minister, Macfarlane has informed the clean energy industry that government’s latest offer on the renewable energy target is in the position of “take it or leave it”. In a fresh round of talks with the representation for renewable energy and aluminum industries and the unions decently, the government has s...
Mar 23, 2015
 
EU Looks to Cut Down Blocks in Gas Exchange

EU leaders stated their intention to work in unison to break down the challenges to the energy market in the region, particularly in light of the Crimea crisis and the important role Russia plays in the energy politics of Europe. The move consisted of a call for stronger national gas market regulation, particularly that of Russia. The E...
Mar 20, 2015
 
BMW Predicts Lower Gains in the Current Year Owing to Steep Investment Costs

The current year for BMW in terms of profit and volume seems rather bleak, owing to steep investment costs and aging vehicle models. The company has had to incur high costs on newer technologies. The company however anticipates that the profits and sales will increase a little in 2015 after group earnings after 2014 before tax had risen by 10.3...
Mar 20, 2015
 
Daimler to Focus on Fuel Efficient Engines Via Enhancing the Productive Capacity of the German Facility

In the forthcoming years, Daimler will be investing several billion Euros in order to upgrade and improve a key facility with a view towards the rising demand for assembly of powertrains that are fuel efficient. The amount that the company plans on investing is close to US$1.06 billion in the current year with plans of modernizing the plant whi...
Mar 20, 2015
 
Despite High Risk of Loss, Auto Manufacturers Choose to Continue Business in Russia

Automobile manufacturers such as Ford, Renault, and Volkswagen are continuously competing for gaining significant share in the Russia market. This is happening at a time even when the demand for automobiles is on the decline and there exists the lurking fear of companies selling cars at rates that leads to losses. According to the Association o...
Mar 20, 2015
 
HTC names Cher Wang as its New Chief Executive

HTC Corp has named company’s founder Cher Wang as its new chief executive, giving the chairwoman and founder a bigger role in leading a projected turnaround of the Taiwanese smartphone manufacturer. Cher Wang belongs to one of the most prominent families of Taiwan. Her return to power in HTC comes at a point when HTC phones have s...
Mar 20, 2015
 
Sharp Rubbishes Rumors about Spin off of LCD Business

The Japanese electronics company Sharp Corp. which has treaded along a rather rough growth path over the past some days and is making losses has announced that the company is not considering to spin off its liquid crystal display business as a part of a bailout plan. The company is discussing the bailout plan with its lenders is on a lookout fo...
Mar 20, 2015
 
China’s Defense Military Deny Claims about Participation in Hacking of Register.com

Defense Ministry of China has clearly denied on Friday about its connection with a cyber attack recently held on the website Register.com which is a unit of Web.com. The statement came after news came in the Financial Times that the FBI was looking into the possible involvement of China’s military in the hacking episode.  The...
Mar 20, 2015
 
U.S. regulators Permit Amazon to Undertake Drone Tests

Amazon.com can test its delivery drone outdoors as well. The e-commerce giant has recently won the approval from the federal regulators of the U.S., clearing the company’s route to test one of the most innovative techniques ever adopted in the market of e-commerce.  The company wanted to utilize the drones to send packages to...
Mar 20, 2015
 
Is your HTC One M9 Giving Problems? Get your Phone Replaced Free of Charge

If you have just cracked your screen or dropped your phone in the toilet, there is no problem in that. You can now buy HTC’s new One Smartphone known as HTC One M9.  In the next month when the new phones will go on sale, HTC will act as a replacement. It will replace all the damaged phones free of cost during the regular 12-m...
Mar 20, 2015
 
Amazon to Provide Same-Day Services in Miami and Baltimore

The Seattle-based company, Amazon has started with same-day service for all its prime members from the month of December in a few selected areas of Manhattan. The company also informed that the expansion will continue forward to many other cities throughout the year. The same day delivery services are further expanded in Miami and Baltimore whi...
Mar 20, 2015
 
Private Banks to Be Strict About Services and Penalties from 1st of April

All the private banks are going to increase the penalties and service charges from 1st of April and the customers will have to pay higher penalty if they fail to maintain the balance in savings account. Banks are also planning on cutting the lending rates as well. All the major private lenders which include HDFC Bank, ICICI Bank, Kotak ...
Mar 20, 2015
 
Deteriorating Conditions Forces Kearny Branch of Postal Services to Shut Down

The postal services in the U.S. have been experiencing the huge drop and in addition the deteriorating conditions of the building have made the U.S. postal service in Kearny to shut down the service unit. The mentioned center is located at 257 Kearny Avenue and the other one in the town is considered as the main branch. A spokesman for ...
Mar 20, 2015
 
Under Armour Sponsors Charles Street 12

Under Armour Inc. has announced that it will be the presenting sponsor of the September road race, Charles Street 12. The event will be held on September 5. It is currently in its third year and will be branded with Under Armour signage throughout the course. The contestants that will be taking part in the 12 mile race will receive long...
Mar 19, 2015
 
Nike Rolls Out Easter Themed Shoes

The athletic consumer goods company Nike has announced the release of its new Easter Collection on Tuesday of male basketball shoes. The collection features a colorful range of new signature shoes endorsed by Kyrie Irving, Kevin Durant, LeBron James, and Kobe Bryant. The four shoes are called KOBE X, LEBRON 12, KD7, and KYRIE 1. They ha...
Mar 19, 2015
 
Jumpman Lawsuit Baseless: Nike

In 1984, a photographer clicked a picture of Michael Jordan soaring towards the hoop. He claims that Nike’s Jordan Brand “Jumpman” Logo on all their Jordan endorsed clothes and shoes are a copyright violation. Nike spokespersons have called the lawsuit meritless and baseless during a motion to dismiss the case. The fed...
Mar 19, 2015
 
T-Mobile Announces Business Services Suite

U.S. telecom giant T-Mobile announced a new conception today. The new pitch, which consists of a customized suite of various business services related to mobile phones and carrier plans. The suite, which is an upgrade to T-Mobile’s ‘Uncarrier’, is claimed by T-Mobile to offer a mobile plan that is allegedly 42% less costly tha...
Mar 19, 2015
 
Vitesse Semiconductor to be acquired by Microsemi for US$389 Million

The company Microsemi Corporation has recently announced that it has reached a deal to acquire Vitesse Semiconductor for a total of US$389 million. This will further drive towards the consolidation trend in the chip making industry. The bid of a total US$5.28 share was done through a cash tender offer. It represents a 36 per cent premiu...
Mar 19, 2015
 
A New Laser Technology which can Change Eye Color

Color contacts will soon become history, as there is a better technology on the block which is capable of altogether replacing color contacts. This new laser technology can change your eyes color permanently. This technology has been developed by Stroma Medical. This laser procedure can change the eye color from brown to blue. According...
Mar 19, 2015
 
New F-16 Radars to be Soon Developed by Air Force

Currently, the Air Force has set a budget of around US$25 million to start their development of innovative radars for their F 16 fleet. This is an important need felt from the service’s mission of homeland defense. According to the Lt. General Stanley Clarke, who is the director of the Air national Guard the upgrade is required fo...
Mar 19, 2015
 
Yamaha All Set to Enter Car Market in Europe

Yamaha, the second biggest motorcycle manufacturer in the world will partner with Gordon Murray, the former Formula One car designer, in a move to expand business to map the fuel efficient drivers market. While motorbikes will still hold 2/3rd of the core business of the company, the ambitious effort that will involve building a production unit...
Mar 19, 2015
 
Market Drop in Russia Means Auto-manufacturers Risk losing US$2,000 on Every Car

Companies such as Renault SA, Volkswagen AG, and Ford Motor Co. persist to jockey for share in the Russian market, even as the demand for auto tumbles, setting them at risk of selling every automobile at a loss. With price rise failing to go with the decline in Ruble, international auto-manufacturers can lose as much as US$2,000 on ever...
Mar 19, 2015
 
Automotive Industry: Gesture Recognition Market to Rise at 12.8 % CAGR by 2018

Increased demand for cost efficient gesture recognition solution has got a response in the moderate development of the gesture recognition market in automotive industry across the globe, which is likely to register a 12.8% CAGR during the period of 2014 to 2018. Many firms are solely concerned for the growth of gesture recognition technology an...
Mar 19, 2015
 
Automotive Innovation Center Launched in the U.K. by Tata

The chairman for Tata Group, Ratan Tata has recently laid a foundation stone for their brand new 150 million pound center for automotive innovation. It was planned as the largest research center of its kind based in Europe. The center is expected to create the most innovative vehicles catered for the global consumers. With his successor...
Mar 18, 2015
 
Automotive Supply Chain Showing Progress but Needs More Improvement

British cars are currently being made with an ever growing proportion of parts which are domestically sourced. However, the companies in the United Kingdom in the automotive supply chain sector are still missing out on the opportunity of £4 billion of potential business every year. The rise of the supply chain in the UK and its op...
Mar 18, 2015
 
Latest Engine from Honda Receives Approval from FAA

The latest engine from HondaJet featuring a unique design is all set to make a statement in the skies. However, this sleek sports car of a plane as Honda likes to refer it will go nowhere with the support of a powerful jet engine. The sister organization Honda Aero established in 2014 is building these engines in a pristine factory base...
Mar 18, 2015
 
Railroads are Answerable for Oil Train Mishaps, says Energy Industry Leader

A leading voice for the energy industry commented on Monday that Washington rail industry is highly responsible for the U.S. regulators as well as for preventing oil train accidents. The efforts to enhance the rail safety start with addressing the track integrity and human factors. The new regulations will keep more trains on the right tracks. ...
Mar 18, 2015
 
Edinburgh Energy Firm Plans to Create Geothermal Energy Industry

Generating energy from underground heat works out as a feasible solution in order to meet Scotland’s energy needs, says Town Rock Energy. The solution is also effective to minimize the fuel poverty and offer more job opportunities in the market.   It is an Edinburg-based company that aims to establish the geothermal energy in...
Mar 18, 2015
 
Cleantech-as-a-Service Propels Renewable Energy Adoption

Cleantech-as-a-service was the leading theme with experts evaluating on the importance of the big data, cloud-computing, and IoT in the adoption of renewable energy. Ever since the beginning the energy industry has worked like a king. But with every passing day more and more companies and people are becoming aware about the renewable en...
Mar 18, 2015
 
Dollar’s Gain to become Manufacturing Sector’s Loss

The manufacturing sector in the U.S. is currently higher than most people would justifiably assume. The incorrect assumptions are justified due to the mixed messages acquired from the fluctuating Industrial Production Index ratings last month. According to a survey undertaken by the Wall Street Journal, the Industrial Production Index g...
Mar 18, 2015
 
China Encouraging the Research for Sooner Adoption of 5G Technology

China has been one of the early adopters of the latest telecommunication technologies. This time as well, when the world is standing on the verge of the advent of the new age 5G connection, the economy has already engaged in the research and survey of inherent benefits that the fifth generation mobile network is set to offer. 5G will have signi...
Mar 17, 2015
 
Citic Telecom Gears Up to Capitalize on VMware as Service for Desktop

Citic Telecom CPC, a Hong Kong based teleco, has recently unveiled a desktop, which according to the company will be first one of its kind to be available in the region. The desktop is launched as a service offering that will be based on the VMware Horizon. The company also revealed that the virtual solution for desktop services will seek to ta...
Mar 17, 2015
 
Telecom Companies in India Competitively Bid for 800 MHz that Support 4G

As the 11th day of the airwaves auctions came to an end, bids rose marginally to amount Rs 103,046 crore. Most of the operators focused primarily on bidding for the 800 Mhz band owing to its potential compatibility with 4G services. However, not many showed interest in the 2G and 3G bands.  It was observed that the spectrum which w...
Mar 17, 2015
 
Rolls-Royce’s Serenity Phantom will give you a glimpse of Japan’s garden

Rolls-Royce has always been the most proclaimed name in the automobile sector. Many other models like Triumps and MGs has provided it customers with comfort and pleasure along with an affordable cost. Models of Aston Martin has also provided with the same comforts but at a unaffordable price. However, no other brand name can outrun Rolls-Royce ...
Mar 17, 2015
 
Universal Technical Institute to hold automotive training sessions for hiring 80 positions for Long Beach Campus

The Universal Technical Institute is planning to conduct a career fair will be held on 27th and 28th of March in the year and will fill around 80 positions. The positions will include facilities manager, student support advisors, instructors, and administrators for the Douglas Park campus which is expected to open in the month of August. The tw...
Mar 17, 2015
 
Automotive Industry Experiences Significant Growth in the Sales Figures Even After the Holiday Period

CAMPI - The Chamber of Automotive Manufacturers of the Philippines Inc. has recorded a rapid growth in the car sales in the first two months of the year even after the slowdown after ye Yuletide season. Rommel Gutierrez, the President of CAMPI stated that in general cases they experience a decline in the sales as a result of the consumers spend...
Mar 17, 2015
 
After Withdrawing the Playbook, BlackBerry Comes up with the SecuTABLET

BlackBerry, in collaboration with Samsung and IBM has recently come up with a tablet. The tablet was launched recently in the market. This decision was made at a time when there was limited supply of tablets in the market. SecuTABLET, which is basically a high security tablet was launched by the Canada based smartphone manufacturer. The main ai...
Mar 16, 2015
 
China Luxury Brands Target the HENRYs

There are several luxury brands in China on an expansion drive that mostly target high earners, not rich yet (HENRYs) category of consumers, and not the overly wealthy class at a time of economic slowdown and an austerity drive by the Chinese government that considers if unfavorable to undertake excess spending at such a point of time. The gove...
Mar 16, 2015
 
TheFind Acquired by Facebook as a Venture in the E-commerce Segment

Facebook, the world’s social network giant has recently adopted e-commerce once it took over TheFind, a search engine for shopping. This pointed to the fact that the company has inclination towards two most lucrative areas of the internet which are e-commerce and search. By entering into such collaboration, TheFind and Facebook have given...
Mar 16, 2015
 
New Cholesterol Control Drugs Can Reduce the Risk of Heart Attack by 50%

A recent study conducted by a team of researchers revealed that a new category of drugs, which are knows to remarkably reduce cholesterol also may have the ability to reduce the chances of strokes, heart attacks, and other cardiovascular diseases seriously.  The study was sponsored by Amgen and Sanofi SA along with their partner Re...
Mar 16, 2015
 
Legal Marijuana Growers are Happy Shifting from Traditional Warehouses to Greenhouse

In the past two decades, the Ambient Water Corporation has used its technology on clean water on literally everything starting from integrating the fraking operations across shale-rich regions to ensuring drinking supplies across household segment in the Middle East. Recently, the company has ventured to expand its reach to a relatively new yet...
Mar 16, 2015
 
OncoSil Medical is Looking Forward to Add Liver Cancer to its Treatment Programs

OncoSil™ Medical announced that the company has added liver cancer to its development program in order to find the most effective cure of treating pancreatic cancer, after it was revealed by the clinical data set that the OncoSil™ device technology demonstrated the capability of being used against two solid types of tumor. A source ...
Mar 16, 2015
 
Nexteer Automotive on a Roll in 2014

Nexteer Automotive enjoyed a bumper 2014, growing on all fronts and posting remarkable figures all round. The Saginaw-based automotive supplier, owned by Pacific Century Motors, released their figures for the fiscal year 2014-15 last week. The company experienced a growth of 25% in both revenue and gross profit last year, making it one of the b...
Mar 16, 2015
 
Nicaragua on the Way to Becoming Renewable Energy Haven

Nicaragua has no place in the pantheon of oil-producing countries. It has no terrestrial or offshore petroleum reserves. However, Nicaragua, the largest country in Central America is blessed with the tropical sun, stormily quick winds, and active volcanoes. While these factors would make life difficult in any other region, Nicaragua is turning ...
Mar 13, 2015
 
Coles Supermarket to Introduce New Products in Their Insurance Services

Coles, a leading supermarket chain has planned to further expand its insurance services which will provide insurance to pets and travel. Coles had stepped into insurance sector four years back and as on date hold more than 400,000 life, car and home policy owners. Moreover, Coles stated that they are always open to new opportunities. In the las...
Mar 13, 2015
 
Staples to Launch A New Unit; Staples Advantage for New Business Service

On March 10, worldwide known office suppliers company, Staples has announced earlier in the month about their launch into the business lending sector as a reason of the demand for office suppliers going down. The company has decided to focus on the B2B world apart from the office supply products. A new unit that has been formed for the ...
Mar 13, 2015
 
IBM’s Unit, Global Business Services Bangs First Position For Thought Leadership

As per the recent report provided by White Space, IBM again bangs the first position among other major global consulting organizations for the quality of its thought leadership. The rankings given by White Space are decided on the basis of four evaluation standards such as appeal, resilience, prompting actions, and differentiation.  ...
Mar 13, 2015
 
New Google Search Tweak Helps to Push Company Statements Above

When users seek for information on businesses, the new minor tweak in the Google Search results has allowed a brand new feature for company statements to appear above the news results.  This new move benefits the companies in several ways. It helps those companies who fall victim to misinformation on many news platforms. This ne...
Mar 12, 2015
 
China’s Alarming Efforts to Shape the Science and Technology Funding

The Science Minister of China said yesterday that the country plans to streamline its management of government research funds in order to receive more interest on scientific investment.  The national budget of China set for this year posits the central government’s increased spending activities on science and technology to 27...
Mar 12, 2015
 
China’s Generous Investment of more than $56 Bn Aids Science, Technology Firms

According to the news on venture capital investors in Beijing, China, the investors have contribute more than $56.8 billion to aid the science and technology companies in China. The development of science and technology is rising in Beijing. Several business incubators are contributing and providing service for companies dealing in science and ...
Mar 12, 2015
 
Direct Phone Line to connect US and Cuba

According to the Cuban state telecommunication company Etecsa, Cuba and U.S. have taken a step forward to re-establish a direct telephone link between the two one-time cold war foes. After 1999, it will be for the first time that these two nations will make direct calls without passing through any other third country. The re-establishment is ex...
Mar 12, 2015
 
Global Telecom Unit asked to close down in Zimbabwe

The local unit of Global Telecom is going to face a shut down as a result of the third-largest mobile company operate din Zimbabwe without a valid license. Information and Communication Technology Minister of Zimbabwe, Supa Mandiwanzira stated that the company had agreed to pay their entire license fee installments however, failed to honor thei...
Mar 12, 2015
 
Ericsson to stretch three-year renewal for Warid Telecom

Pakistan based Warid Telecom and Ericsson announced the renewal of their service agreement during the Mobile World Congress, recently help in Barcelona, Spain. As per the renewal of services, Warid Telecom will have a privilege to numerous benefits such as improvement in the network, efficient field service, optimized user experience, and first...
Mar 12, 2015
 
United States Encourages Europe to Deploy Greater Number of Peacekeepers for Global Peacekeeping Missions

Samantha Power, the UN envoy to Washington on Monday made an ardent request to the European nations to send in greater troops to the several peacekeeping missions of the United Nations. She laid emphasis on the fact that their active participation can prove to be vital in Afghanistan. Power also stated in the speech that Barack Obama, the U.S. ...
Mar 11, 2015
 
A Highly Innovative Process for Developing Better Semiconductors

A chemical engineer at Kansas University via a surprise scientific discovery has come up with a new innovation for electronic devices. He received a patent for this invention of his which is known as “Off axis silicon carbide substrates” that basically refers to a process by which better and improved semiconductors can be developed....
Mar 11, 2015
 
High Performance Ultrathin Polymeric Insulators Developed for Application in Soft Electronics

A research team at the KAIST (Korea Advanced Institute of Science and Technology) has created a high performance ultrathin polymeric insulator that is meant for FETs (field effect transistors). The researchers made use of vaporized monomers for forming polymeric films that are mainly grown on several surfaces which also include plastics for pro...
Mar 11, 2015
 
Ericsson to Cut-down 2,200 Jobs in Sweden

Sweden’s telecom giant Ericsson is all set to cut-down its workforce in Sweden by at least 2,200, the company has said in a recent press release. The company has said that it will cut its workforce from company’s offices in Katrineholm, Stockholm, Linköping, Kumla, Karlskrona, Borås, and Göteborg.  Count...
Mar 11, 2015
 
Vodafone India Declare new Maternity Leave Plan

Telecom service provider Vodafone’s India subsidiary has announced a new maternity plan that gives paid maternity leave for a duration of 16 weeks, paternity leave of one working week, and 6 hours work duration everyday for 6 months after return from maternity for better child care.  A statement published by the company to sh...
Mar 11, 2015
 
China Mobile Applies for FDD-LTE Permit

China Mobile has applied for a permit for FDD-LTE (Frequency Division Duplex Long Term Evolution) system. The company has however stressed that it will use the systems for supporting its TD (Time Division) LTE network and for showcasing the potential benefits that can occur from the integration of two rival 4G platforms like FDD-LTE and TD-LTE....
Mar 11, 2015
 
Motorola Plans to Launch the 4th Generation Moto E in India Earliest by May

Motorola, a U.S. based company is planning to launch the 4G version of its well-known and in-budget Moto E in India earliest by May. The new gadget is priced lesser than 10,000 to keep it affordable and compete with the models of Yu and Xiaomi. Motorola which was adopted by a Chinese giant Lenovo from Google last year carry the sells through Fl...
Mar 11, 2015
 
SITA’s Bagjourney to track baggage like parcels

The new technology has been evolved new BagJourney solution presented by SITA to keep a track of baggage from the departed airport to final arrival destination. The technology provides a message facility which will allows airlines and airports to track baggage even in cases of bags mishandled.  Nick Gates, SITA’s portfolio di...
Mar 11, 2015
 
China to Divert from Manufacturing to Technology; conceiving 49 Technology Startups a Day

Zhongguancun, a district of Beijing's experienced almost 49 startups daily in the last year due to innovation finding new root in China. On Wednesday, the nation's minister of science and technology, Wan Gang, stated in a briefing for the National People's Congress in Beijing that the country at present holds more than 1,600 technology incubato...
Mar 11, 2015
 
U.K. Set to Cut Defense Expenditure

Military analysts in the United Kingdom have predicted a dire outlook for defense spending allocation in upcoming United Kingdom budgets. Even in the most optimistic of circumstances, the defense ministry may have to corral up to GBP35 billion (close to US$52.8 billion) in savings till the middle of the next decade. A more realistic figure lies...
Mar 10, 2015
 
News Corp Acquires VCCircle Network

News Corp officially signed an agreement to adopt VCCircle Network.  VCCircle Network includes VCCircle Training, VCCircle.com, VCCEdge, Techcircle.in, and other premium content-driven conference business, commented global media giant in a press statement.  The terms of the acquisition were not disclosed; however they ...
Mar 10, 2015
 
TCS Shines as Top Employer in Europe for Third Consecutive Year

For the third consecutive year, Tata Consultancy Services has marked its eminent presence and performance in Europe. This title was given by the top employers’ certification agency keeping in mind India as the IT major and a brilliant performer in a nine core human resources arena.  TCS has also been recognized by Top Employe...
Mar 10, 2015
 
Tobago and Trinidad Continues to Excel at ITB 2015

Trinidad and Tobago, Port of Spain commenced their active participation at the ITB yesterday. The event was set up with a press conference updating the German media about the various product offerings of the destination. The conference at the ITB Convention in Berlin was attended by the CEO of the Trinidad and Tobago Tourism Development Company...
Mar 10, 2015
 
Gulf Region Innovations Sought: Petrochemical Companies

A large section of the chemical and petrochemical producers that are a part of the Gulf Cooperation Council (GCC) region are currently looking to implement new innovation strategies, as reported by a study from the Gulf Petrochemicals and Chemicals Association (GPCA). There are 24 Arabian Gulf executives involved in the 2015 Innovation ...
Mar 10, 2015
 
Chemical Leak Near Houston Port

An area of the Houston Ship Channel was sealed off on Monday after flammable liquid leaked into the waters when two 600 foot ships crashed into each other in the fog. MTBE is a gasoline additive that was stored on board the Carla Maersk, a Danish flagged chemical tanker. The chemical leaked after the storage vessel was ruptured. Carla M...
Mar 10, 2015
 
Techtextil 2015 to See Tanatex Chemicals’ Innovation Presentation

The Techtextil 2015 will be held in Frankfurt, Germany, from March 4 to 7. One of the top developers in the textiles and chemicals industry, Tanatex Chemicals, has created an Express FR Concept, which allows a user to add their special flame retardant product directly to the dyebath. There is no need for extra finishing processes. The innovatio...
Mar 10, 2015
 
Tariffs Imposed by Canada on Imports of Solar Equipment from China

A trade conflict between China and Canada has got escalated after the latter has finally approved a set of duties that are to be levied on imports of solar equipment from China. As per importers, this trade related dispute revolves around solar equipment that are essentially below-cost parts and components. Companies such as Trina Solar Solar L...
Mar 10, 2015
 
Scientists Make Use of Proteomics for the Profiling of Switchgrass

A highly developed proteomic technique is used by researchers and scientists for identifying 1750 rare proteins in Switchgrass roots. Switchgrass is basically a type grass of the native prairies variety and it is considered to be a very promising plant that can eventually help in producing advanced biofuels. It was primarily a pilot research an...
Mar 10, 2015
 
Wind Turbines to Now Consist of another Secondary Rotor for Better Performance

Several aerospace specialists and engineers are engaged in developing a technology of dual rotor for improving and enhancing the energy harvesting levels of wind energy based turbines. The main rationale behind this is to come up with greater performance via the addition of an additional rotor in wind turbines. This idea however was the one tha...
Mar 10, 2015
 
Telecom and Networking Market Betting of 5th Generation Wireless Networks

Major players in telecoms and networking industry are placing a bet on 5th generation wireless networks in a bid to ward off an attack by internet enterprises that terrorize their core business of connecting the masses. The market is still to figure out what 5th generation or 5G is infrastructure. The chairman of the U.S. Federal Commun...
Mar 9, 2015
 
The Chinese Government Should Consider Initiating Private Capital in Reconstruction

According to tech news portal of Sina, the telecom market in China has previously gone through 4 rounds of restructuring. Past alterations were made to reallocate interests without implementing technical innovation or modification in manufacturing relationships or management forms. As the potential 5th round comes closer, the government should ...
Mar 9, 2015
 
Mexico Telecom Costs Declined after Reconstruction Focused on Curbing Slim

Cell phone service costs in Mexico have declined for almost 17% in 2 years, the telecoms regulator of Mexico stated on Sunday, Mar. 08, 2015, after a reconstruction focused on controlling the power of the billionaire Mr. Carlos Slim in the industry slashed call rates. In the previous year, America Movil of Mr. Slim, which controls 70% o...
Mar 9, 2015
 
Saudi Arabia Takes Over India to Become World’s Largest Military Equipment Importer

Reports state that Saudi Arabia is now the largest importer of defense equipment and United States’ number one trading partner for defense equipment, taking the top spot that India maintained all these years. The global defense trade had increased consecutively for the past six years, and again increased in the year 2014, to $64.4...
Mar 9, 2015
 
Apple Inc.’s Premium Watch to Come in an Innovative Box that also Charges the Watch

Apple Inc. first went out of its comfort zone when it announced that its upcoming version of one of its highly coveted hi-tech device, the much anticipated advanced version of Apple watch, would be available in material and color options that in more than 100 combinations. This is a highly unusual move for an electronics company that is very st...
Mar 9, 2015
 
Microsoft Planning to Sue Japanese Smartphone Maker Kyocera

Microsoft has decided to sue the Japanese electronics company Kyocera for allegations that the company’s Android based smartphones Brigadier, Duraforce, and Hydro have violated seven patents of Microsoft. In the middle of a war between smartphone companies over patent violations by major competitors, Microsoft has repeatedly said ...
Mar 9, 2015
 
Apple Remains Tight Lipped about Sale and Distribution of Watch

As Apple is all set to launch its Apple Watch next month, the world awaits its entry into a whole new territory. This is going to be the first new product for Apple in five years. To win the market, the Apple Watch will have to appeal at both levels of fashion and function. In a bid to do so, Apple will begin the advertising campaign with Vogue...
Mar 9, 2015
 
Goodyear Unveils New Tires for Electric Car

Goodyear has been working on a new technology for tires to be fitted in electric cars. The technology will allow the car battery to get recharged through tire heat and friction. The new tire, BH-03 will offer a solution to several problems such related to short journeys in such cars. The tire was showcased at the 2015 Geneva Internation...
Mar 9, 2015
 
WhatsApp Denies Permanent Ban

The news of WhatsApp service being banned for unofficial third-party services stirred a panic amongst users. However, it turns out that the ban is not a permanent one. A source close to the matter stated that there will not be a permanent ban, but just for a while until user has removed the third-part client. The move comes as the company conti...
Mar 9, 2015
 
ISM Reports Slowdown in U.S. Manufacturing Sector

The manufacturing sector in U.S. suffered blow in February this year due to slow down in other economies and at the ports on the West Coast. According to the Institute of Supply Management (ISM), the disruptions due to labor strife at the West Coast ports brought down the top-line purchasing manager’s index from 53.2 in January to 52.9 in...
Mar 5, 2015
 
Graphene Aerogels When Optimized with Nitrogen and Boron Can Prove to be Effective Catalysts, says a Research Study

A team of scientists at the Rice University have concluded that when aerogels that contain no metals are optimized with nitrogen and boron can prove to be effective catalysts for producing fuel cells. The aerogels in question refer to those that are made of nanoribbons of graphene. Several levels of nitrogen and boron coupled with nanoribbons o...
Mar 5, 2015
 
China to Raise the Defense Budget by 10.7 percent

Beijing has announced that China’s budget will hike by almost 10 percent in 2015 in accordance with the government’s budget that was published on Thursday. China has been running a two-digit increase in the defense budget since two decades reflecting its aspirations to prioritize the defense sector. Senior Official and the s...
Mar 5, 2015
 
The J-10B Fighter Jet Finally Gets Introduced in the Chinese Air Force

The J-10B fighter aircraft will soon be introduced in China’s air force. This military jet is by far the most advanced category of aircrafts ever manufactured by the country. Several military websites have been showcasing the pictures of all the fourteen aircrafts situated outside a factory area which is unknown. As per industry experts, ...
Mar 4, 2015
 
Greater Data Storage in Smaller Chips Possible via Magnetic Vortices, say Researchers

A group of researchers at CNRS, Forschungszentrum Juelich (FZJ), and Helmholtz Zentrum Dresden Rossendorf (HZDR) have developed nanoscale components that apart from storing information in magnetic vortices enable reading these out very efficiently. With the help of this principle, the group has claimed that greater higher amount of data can eas...
Mar 4, 2015
 
RS Components Develops Rapid Prototyping Three Dimensional Printer

A 3D printer of the RS brand will soon be made available by the RS Components that will offer high quality print output and specifications. The 3D printer of IdeaWerk gives a major boost to the widening range of machines of rapid prototyping that have been available by RS. This basically targets a broad category of users who are engaged in diff...
Mar 4, 2015
 
Computational Findings Claim Presence of Ultra-Cold Resistant Chemical in Titan Could Harbor Earth-like Life

Astrobiologists and planetary scientists worldwide have been engaged in searching traces of life on planets and satellites for quite some time now. While their relentless endeavors have led to many remarkable discoveries, there still remain a many unresolved mysteries of outer space which the scientists are yet to discover. One such topic of in...
Mar 4, 2015
 
UN Report Reveals Discrepancy in the Availability of Narcotic Drugs

A recent report released by the United Nations reveal that about three quarter of world’s population that roughly adds up to 5.5 billion people has little or no access to proper life saving and pain relief medications and drugs. According to the annual report for 2014 published by the United Nations’ International Narcotics Control ...
Mar 4, 2015
 
Nanoengineers at University of California Discovered High-Tech Ink to Detect Blood Glucose

Nano-engineers at the University of California, San Diego, developed a new tool that is nothing more than an ordinary ball-point pen and filled it with a special kind of bio ink. The bio-ink reacts when it comes in contact with a variety of chemicals including glucose. The ink could accurately detect the level of blood glucose by simply drawing...
Mar 4, 2015
 
Ultra-Fast Touchless Gesturing Marks Major Breakthrough

Elliptic Labs announced on Wednesday the release of its newest technological advances. The global leader of consumer electronic devices in terms of ultrasonic touchless gesturing revealed the Ultra fast Ultra far interaction, which promises to offer split second speed and a significantly massive area of response aimed at touchless gesturing.&nb...
Mar 4, 2015
 
Mobile Broadband: EU to Sign Agreement with Japan, China, and the United States

The European Union hopes to sign an agreement with Japan, China, and the United States to gain support in order to develop Next Generation mobile broadband. The EU is looking to aid its companies in catching up with the rest in the race towards developing similar technologies. Europe, in the 1990s, has been considered to be the leader o...
Mar 4, 2015
 
Say Goodbye to the Transistor

The transistor is a widely used electronics device in the modern world, however, its days might be numbered. The seeds for its demise were sown way back in 1971, when physicist Leon Chua thought of a fourth fundamental element in an electronic circuit. Circuits back then used to have just three. For symmetrical purposes, he believed that the co...
Mar 3, 2015
 
China’s Efforts towards Lowering Carbon Dioxide Emissions Finally Reap Desired Results

As per 2014 estimates, the overall consumption of coal in China declined by 2.9%. This has been noted as the very first decline of coal consumption in perhaps 14 years or so. Also, according to industry specialists, China’s carbon dioxide emissions have also reduced by 0.7% first time in this century. It can thus be concluded that China h...
Mar 3, 2015
 
Falling Crude Oil Prices Affect China’s Plans of Consuming Palm Biofuels

Indonesia’s plans of increasing the consumption of palm oil based biodiesel via greater subsidies are under threat because of falling crude oil prices. As per a senior official at the Indonesian Palm Oil Board, the consumption pattern of palm biodiesel of 1.7 million kiloliter as previously targeted may not be realized in 2015. In order t...
Mar 3, 2015
 
Americans Take to Higher Savings and Restrained Spending

Several consumers in the U.S. have taken to a rather judicious consumption policy that involves minimal spending and saving more. This has come at a time when the world economy is facing falling crude prices of fuel. If this consumption trend carries on for a significantly long time, it will result in sustained economic progress over a long per...
Mar 3, 2015
 
Leading Names in Telecom Industry Gears up for 5G

After running short of dramatically designed smartphones, the telecom leaders across the world agreed that they are eyeing 5G or fifth generation of networks, the next big idea, as inspiration for their future smartphone designs. But before spearheading their plans, the world telecom leaders will have to understand that what 5G has in store tha...
Mar 3, 2015
 
Cisco and Telecom Italia Desires to Collaborate to Offer Innovative Cloud Services to Italian Businesses

Telecom Italia and Cisco announced at the Mobile World Congress 2015 that both the companies intend to enter into an agreement to deliver the Cisco-enabled managed business services and Cisco Meraki to organizations across Italy as a part of their joint endeavor to provide organizations throughout Italy the benefits of the innovative LAN manage...
Mar 3, 2015
 
Zuckerberg Tries to Mend Fences with Telecom Industry at Barcelona Conference

Mark Zuckerberg is essentially keeping no stones unturned to mend fences with the telecom industry. After facing criticism that Facebook is typically hurting the conventional business model from carriers, Zukerberg struck, what many would say, a pacifying tone when he said that the only way to expand internet access was if carriers grow in reve...
Mar 3, 2015
 
European Study Asserts Skipping Breakfast Leads to Type II Diabetes

European Journal of Clinical Nutrition in its latest study states that the habit of skipping breakfast has long lasting harmful effects for the body. Skipping breakfast for whatever reasons such as strict dieting or loss of appetite can result in disruption of glucose control in the body, leading to chances of developing diabetes. The r...
Mar 3, 2015
 
Research Finds a Less Painful Remedy for Enlarged Prostrate

The latest study presented by Society of Interventional Radiology's Annual Scientific Meeting shows a new treatment for enlarged prostrate that is likely to be less painful than the conventional treatment. This means that the new treatment could be an alternative for treating benign prostatic hyperplasia (BPH). Dr. Sandeep Bagla, one of...
Mar 3, 2015
 
Indian Medical Devices Sector Disappointed with No Steps Taken in this Budget

The Budget of 2015 made no provisions for the import intensive medical devices industry to encourage the 'Make in India' philosophy. The Budget only addressed the macro issues that were bothering the industry. GSK Velu, Trivitron Group of Companies Founder and Managing Director stated that there has been no change in the budget announcement for...
Mar 3, 2015
 
Europe Witnesses Fluctuations in Interest Rates and Bond Yields

Several borrowers in Europe are at present witnessing a financial situation that is rather strange denoting a certain suspension of the general rules of finance all together. During the current week, Germany was lent close to US$4 billion by investors; and it was very well known to the investors that there was a low possibility that they would ...
Mar 2, 2015
 
Japan Faces Slow Paced Economic Recovery

As per latest government data reports, Japan’s economy depicted soft consumption patterns that followed a hike in factory production. This in a way highlighted the fact that economic recovery taking place in Japan is quite uneven and it even proved to be a major bottleneck for the Bank of Japan. However, the bank anticipates that its asse...
Mar 2, 2015
 
Rough Sailing Investment Trends Due to Stimulus Plan of the European Central Bank

The ECB (European Central Bank) has plans of starting a huge program pertaining to monetary stimulus in the upcoming month. This however has caused money to get channelized in strange and newer ways. On Thursday, for the very first time German bonds with maturity period of seven years were traded at a negative rate of interest which showed that...
Mar 2, 2015
 
Governor Bryant Declares Automotive Industry Week in Mississippi

Mississippi Governor Phil Bryant has declared the first week of March 2015, March 1-7, as Automotive Industry Week in Mississippi. The move has been taken in tribute to the automotive industry’s vital role in developing the Southern state’s economy and giving it a clear vision of becoming an automotive manufacturing hub. Mis...
Mar 2, 2015
 
Ericsson Authorizes Tata Sky to launch 4K video service

Ericsson has declared that it has given the authority to Tata Sky, an Indian DTH operator, to kick off the foremost commercial 4K video service in the Indian subcontinent. With the initiation of the Tata Sky 4K service, consumers that have subscribed to this service will be able to watch video that is 4 times the resolution of the current stand...
Mar 2, 2015
 
The Loopholes in Net Neutrality Could Enable Telecom and Cable Operators to Make Billions of Money

New rules that focus on protecting the directness of the Internet will permit cable groups and telecom operators to prioritize and make potentially huge income from various types of data, having expected clashes with regulators in the near future. Telecom providers such as Vodafone and AT&T have persuaded the U.S. and the European regulator...
Mar 2, 2015
 
Telecom Italia Shares Scale Up on Orange Deal Interest

Telecom Italia shares raised as much as 3% on Monday 02, 2015, after the boss of Orange, Mr. Stephane Richard stated that an amalgam with the Italian firm would be attractive. The spokesman of the Telecom Italia stated that no talks over a deal had happened. The Telecom Italia shares were up by 2.4% at euros. 1.092. Shares in France bas...
Mar 2, 2015
 
U.S. Air Force May Earn Tender for Launch of 28 Rockets in Future

The U.S. Air Force may be able to grab a multibillion dollar deal for the launch of 28 government satellites to be held in this spring. The deal is expected to help end U.S.’s reliance upon rocket engines built in Russia, according to a recent Air Force document.  The Space and Missile Systems Center of the U.S. Air Force cha...
Mar 2, 2015
 
North Korea Launches Short Range Missiles Ahead of Annual U.S.-South Korea Military Exercises

North Korea has fired two short-range missiles from its east coast on Monday, according to South Korean officials, which is a being considered a defiant response to the annual military exercises being held between South Korea and the United States. The missiles launched by North Korea also observed a quick protest from South Korea’s neigh...
Mar 2, 2015
 
AT&T to Link its Home Automation and Connected Car Divisions

AT&T Inc. has decided to link its businesses of connected car and smart home to strengthen the company’s grip in the blooming growing market for virtually everything connected by Internet. The market is being considered a new battleground for many electronics giants including companies such as Verizon and Google Inc. AT&T ...
Mar 2, 2015
 
Israeli Contract Workers Hit as Chemicals Job Action Grows

Hundreds of workers in south Israel have been idled in the past three weeks. This happened due to the job action by factory workers after their layoffs by Israel Chemicals. The list of workers that are suffering due to the job action includes maintenance staff, security guards, cleaners, and food-services staff members that have all been employ...
Feb 24, 2015
 
New Plant by Petronas Chemicals and BASF

Petronas Chemical Group Bhd has made a deal with BASF, the German chemical producer to collaborate on the production plant for 2-Ethylhexanoic Acid. The chemical production will begin at the site of their current joint venture at Kuantan, Pahag. The new plant is expected to begin processes in Q4 of 2016. The plant’s total annual c...
Feb 24, 2015
 
Attorney General from New York Aiming to Expand Herbal Supplements Probe

After three weeks duration ordering from four major retailers to pull out store brand herbal supplements from their shelves which was followed after DNA test, it has been found that little or none of the herbs were found from the list. Hence, the attorney general from New York is now aiming to target manufacturers of these popular products. ...
Feb 24, 2015
 
Dishwasher could be the Reason behind Children’s Allergies

A research study conducted by Swedish scientists has found out that the medical conditions such as eczema, asthma are quite less in houses where the practice of hand washing is less efficient. Also, hand washing your dishes may not completely sanitize as well compared to a dishwasher. However, it may correlate with a lower risk of aller...
Feb 24, 2015
 
Cost of Food Soar in Ukraine (Donetsk) as the Supply Declines

The city of Donetsk despite being an ostensibly under a type of siege, this pro-Russian rebel capital place is a long way from starving. With the hryvnia continues to lose in its value and the Ukrainian checkpoints of army are restricting entry to Donetsk, where people are struggling with the already fast rising prices for even most of ...
Feb 24, 2015
 
Magna Sells Automotive Battery Pack Unit to Samsung

Samsung SDI has bought out Magna International’s battery pack unit, state reports. Magna International is the fourth largest automotive parts manufacturer in the world that is based in Canada. Korea based Samsung SDI declared on Monday that it had signed a deal with Magna Steyr regarding acquiring the whole battery pack business u...
Feb 24, 2015
 
Samsung and SK Telecom to Jointly Promote 5G at MWC

The most celebrated smart phone maker in South Korea, Samsung Electronics Co. will jointly promote the 5G (fifth generation) network that operates on high frequency bands at the Mobile World Congress (MWC) to be held at Spain following month, with the leading mobile carrier of the country SK Telecom Co.  The companies are slated to...
Feb 24, 2015
 
KT to Partner with China Mobile and DoCoMo to Showcase 5G in MWC

KT has teamed up with the leading global technology companies to showcase the advantages that the fifth generation wireless technology is slated to bring along at the Mobile World Congress to be held at Barcelona in Spain.  KT is already in talks with the chief technology officers of major companies such as China Mobile and NTT DoC...
Feb 24, 2015
 
SK Telecom Wins the Lawsuit against Global Mobile Messenger Viber

South Korea’s leading mobile carrier SK Telecom Co. finally won the patent lawsuit that it filed against the Viber, the global mobile messenger on Monday. The court ruling could shut down the operations of the messenger from the local smart phones. The Seoul Central District Court said in its ruling that Viber has encroached not less than...
Feb 24, 2015
 
Business and Economic Activity in the Euro Zone Surges

Over the past seven months, economic activity in the Euro zone has been surging, and has reached a high point. This has had a major impact on the performances of businesses in the Euro zone. As a result, several companies are on a business expansion mode via greater employment and hiring activities. As per industry estimates and latest industry...
Feb 23, 2015
 
Walmart Declares Wage Hike for 500,000 Workers in the US

News has it that one of the major retail giants of the United States, Walmart has plans of increasing the wages of almost 500000 employees in most of its outlets in the U.S. The wage hike only pertains to the employees working on an hourly basis. Walmart intends on increasing the salaries of 40% of the total staff and the retail giant will also...
Feb 23, 2015
 
Pilot Strikes Affect Profitability of Air France-KLM

Air France-KLM has plans of resorting to aggressive cost cutting measures and also reducing the level of investments. This came after it was reported that there was a substantial fall in the entire year’s profits followed by a major pilot’s strike in the previous year. Soon after the strike there was a serious conflict with the pilo...
Feb 23, 2015
 
Sesame Enable Design a Smartphone for the Disabled

A few years ago no one would have thought of smartphones becoming an indispensible part of everyday lives. The transition of a personal computer with a 512 MB RAM into a smartphone with a 3GB RAM and 128GB internal storage seems like a unimaginable feat to many. With so many features a smartphone keeps a tab of your every important record right...
Feb 23, 2015
 
Microsoft Adapts to Tough Competition with Smart Applications

Microsoft has suddenly taken up the challenge of revamping its operating system for phones seriously, with makes applications that run on both iOS and Android systems. After Microsoft went through a US$7 million deal to Nokia to see its business sink further and faster, it is now doing everything it can under Satya Nadella’s leadership to...
Feb 23, 2015
 
WhatsApp Still Working on its Voice Calling Feature

In a recent update WhatsApp rolled out its awaited voice calling services to a few more users. The WhatsApp version 2.11.528, which was released on February 19, gave access to free voice calling to a few users. These application users were able to activate the feature for other people using WhatsApp on Androids by just making a call to them. ...
Feb 23, 2015
 
Thailand Foresees a Future of 1 GW Solar Power Capacity

Zhongli Talesun, Chinese cell and solar module manufacturer announced the beginning of the new manufacturing unit construction that will be located in Rayong, the Thai-China Industrial Park, at Thailand.  The new manufacturing unit will incorporate fully automated techniques of production with a 500 MW production capacity annually....
Feb 20, 2015
 
Hernon Manufacturing Begins the Construction of its New Manufacturing Facility

The world renowned innovator of sealing technologies and adhesives Hernon Manufacturing announced that it has reached the final stage of the construction loan for financing its building expansion. As told by the company spokesperson, the construction of the new building extension will commence in a few months.  The new building wil...
Feb 20, 2015
 
Westdale to Witness New Constructions

Construction of the new US Bank branch began at Westdale. This building will be the first of the new buildings to begin its construction in the $90 million worth redevelopment projects by Ceder Rapids.  Vice President of Retail at Frew Development Group and the General Manager of Westdale, Lisa Rowe mentioned that the body is ready...
Feb 20, 2015
 
Telecom Italia Slows Down Decline in Sale in Q4

Chief Executive Officer of Telecom Italia SpA, Marco Patuano reported that the telecom giant has slowed down its revenue decline and reduced its debt. The Q4 drop in sales was registered at 4.1% at EUR5.6 billion, as compared to a drop of 9.1% in the first nine months of 2014. However, the depreciation, earnings before interest taxes, a...
Feb 20, 2015
 
Videocon Telecom Announced an Investment of INR1,200 crore for 4G Services

Videocon Telecom, valued at US$4 billion stated that it plans to make an investment worth INR1200 crore in the coming three years for rolling out 4G network. The company plans to sell its 4G in 29 cities in India across three circles, namely, East UP, West UP West, Bihar. Arvind Bali, Director and CEO, Videocon Telecom stated that the c...
Feb 20, 2015
 
Ericsson Announces Plans to Integrate Digital Telecom Services

Ericsson announced its plans to integrate its Digital Telco Transformation with its OSS / BSS portfolio. The former unit is inclusive of consulting and systems integration services. CEO of Telecom Italia Digital Solutions, Claudio Contini stated that the user experience and their numbers will be the new sources of income. He further added that ...
Feb 20, 2015
 
Japan Display to Build iPhone Screen Plant - in talks with Apple Inc.

Japan Display Inc. is in the consideration of building manufacturing plant that will produce smartphone screens for Apple Inc. the company is also negotiating with Apple Inc. for investing in this project, a person familiar with the matter stated on this Friday. The Japanese company aims at positioning itself as the primary supplier of ...
Feb 20, 2015
 
Russia’s Competition Watchdog Files case against Google

The Russian competition watchdog committee has stated on Friday that it had filed a case against Google Inc. over an alleged violation of the law of anti monopoly in the market, following a complaint that was registered by Russia's biggest search engine Yandex NV against Google Inc.’s mobile platform. Yandex has stated on Wednesda...
Feb 20, 2015
 
Gemalto Investigates Alleged Hacking U.S., UK spies

Gemalto, the company that manufactures chips for phones, stated on Friday that it was investigating a report about U.S. and British spies hacking its systems to steal the data about privacy-protecting encryption keys present in the chips that the company makes for mobile phones. Speaking about the documents that were provided by hacking...
Feb 20, 2015
 
Samsung Buys out Mobile Wallet Startup

Samsung Electronics Co. Ltd. has acquired LoopPay, a mobile wallet startup company. This could possibly put Samsung head to head against Apply Pay, the mobile wallet service from Apply Inc. The U.S. has been slow to catch on to the mobile wallet trend despite heavy outputs from Google, Apple, and PayPal by eBay. All three online wallet ...
Feb 19, 2015
 
Nike Teams up With Sacai

In an unexpected move, sporting goods giant Nike has partnered up with major Japanese fashion label Sacai. The joint venture will feature work on an eight-piece womenswear collection that will also include sneakers. The news was revealed by Business of Fashion on Thursday morning. Experts say that the match-up could potentially be a per...
Feb 19, 2015
 
Canadian Wholesale Consumer Goods on Highest Rise in 4 Years

December’s Wholesale sales in Canada have risen at the highest rate in four years. This growth has been driven by the personal goods and automobile sectors along with the high demand shown by their consumers. A spike in sales of 2.5 per cent was marked for a record US$44.5 billion, or C$55.4 billion. The data was provided by Stati...
Feb 19, 2015
 
Sony is No More Only An Electronics Company

Recently, Sony has announced last night that it is aiming to spinning off its video and audio divisions which are spun off from its television division last year. However, it won’t mean much right now, but Sony has still shown an interesting new TV which is Android powered, and we are sure to see the new interesting high end walkmans and ...
Feb 19, 2015
 
Samsung Aims to Use its Budget for M&As

Samsung Electronics Corp. Limited is aiming to use its huge billion dollar cash pile for funding the growth of the company which includes acquisitions, which is the tech giant’s investor relations main person stated, as more and more shareholders are clamoring for larger dividends. Even though, Samsung, the South Korean company&rs...
Feb 19, 2015
 
United Technical Publishing Acquired by Arrow Electronics

Arrow Electronics, the well known electronics distributor announced recently that it has acquired the organization United Technical Publishing, which is a division of Hearst Business Media and also a leading provider of product info to the global industry of electronics components. The company United Technical Publishing’s company...
Feb 19, 2015
 
Cox to Undertake Healthcare Digitization Project

Medicine and healthcare is a dynamic sector, with constant scope for improvement in precision and security. Digitization of this crucial is thus the logical next step in the development of this field. One such novel project is about to be undertaken in the U.S. Cox Communications Inc [COXC.UL], one of the largest Broadband and cable TV ...
Feb 19, 2015
 
Singapore Turns to Services

Singapore is among the most highly affluent and developed countries in the Asia, with GDPs in the tiny city state rivaling those of the most developed and richest Western countries. Singapore owes this development to its historical importance as a crucial port city in British times, facilitating trade between British colonies in India and Afric...
Feb 19, 2015
 
Atlantic Broadband to Link Up with Miami Data Vault

Atlantic Broadband is one of the popular internet, phone, and TV service providers in the Greater Miami area. The company is popular for both commercial and residential applications, with its range of services making it a versatile provider that fulfills the needs of each. Apart from its extensive operations in the Greater Miami area, Atlantic ...
Feb 19, 2015
 
Empire State Manufacturing Slows at Worrying Rate

Business conditions in New York are still moderately expansive this month, according to the report the Federal Reserve Bank of New York published on Tuesday, but the manufacturers from the area are very cautious about the future. The Wall Street Journal surveyed a few economists who expected the index to undergo minimal change and go up...
Feb 18, 2015
 
Canadian Airlines Boost Profit from Passenger Baggage Fees

The checked baggage fees are induced for two major airlines in Canada. These charges are a part of the ancillary fees that also includes fees in flight meals, premium economy privileges and other seating arrangements – all of which that airlines have tapped to boost profits.  According to the CEO Air Canada the airline compan...
Feb 18, 2015
 
Jana Partners LLC Abandons Energy Companies during Oil Price Slump

Amid the fourth quarter’s sharp decline in oil prices, the Jana Partners LLC vended its stakes in many energy companies which they had been keeping at bay for a while.  The quarterly regulatory filing manages investors’ records of more than $100 million and reported that The New York fund sold out of Apache Corp too.&nb...
Feb 18, 2015
 
Warren Buffet Sold Stake after Oil Price Collapses

After the plummeting of the Brent crude price, Warren Buffet sold his entire stake in the world’s largest energy company. He sold 41.1 million shares (almost worth $3.9bn) in Exxon Mobil. Also, in the last three months he sold his 471,994 shares in fellow US oil giant ConocoPhillips, showed the filing on Tuesday.  This move s...
Feb 18, 2015
 
Soros take on Devon Energy, while Transocean Stays Ahead of Oil Price Rise

In the fourth quarter, Soros Fund Management LLC consumed new positions in the energy sector. This also included the stakes in Transocean Ltd and Devon Energy Corp, as filed by regulatory on Tuesday.  The hedge fund firm manages the investments of this company and his family bought around 149,000 shares of Transocean and 385,497 sh...
Feb 18, 2015
 
Indian PM Promises Incentives to Indigenous Defense Manufaturers

Indian PM Narendra Modi once again demonstrated his dedication to his ‘Make in India’ mission by promising a promising environment for defense manufacturers based in India. His stated aim is to reduce and eventually eliminate India’s dependence on defense imports. A tax policy free from discrimination was the first of undoubte...
Feb 18, 2015
 
U.S. Construction Expected to Have Dipped in January

Economists waiting for the Commerce Department’s report on home construction in January 2015 expect that housing starts dipped in January, falling by 2% to an annual rate of 1.07 million, when adjusted seasonally. In December, on the other hand, housing starts had risen 4.4% from November to 1.09 million. However, the number of ho...
Feb 18, 2015
 
OPEC Makers Prefer Optimism Above Recovery as Oil Rises

London oil prices traded in at the highest price in two months while ministries in the OPEC maintained that the market will sustain a rebound. Futures grew by almost 1 per cent. This is the third gain for it in four days. The manufacturers are showing a strong sense of optimism over the increasing prices and the trend has changed in the...
Feb 17, 2015
 
Marginal Merger by Aditya Birla Chemicals With Grasim Industries

Aditya Birla Chemical’s merger with Grasim Industries consolidates the latter’s position within the segment of caustic soda. Post merger Grasim will be the biggest producer of caustic soda in the Indian domestic market. The company will have a market share of 23 per cent which is strong in comparison to its before the merger...
Feb 17, 2015
 
Uncontrolled Ozone-depleting Chemicals on the Rise

In what could offset the Montreal Protocol made over 25 years ago, chemicals that destroy the ozone layer are not being controlled by the United Nations and are increasing at a rapid rate. Scientists have recently discovered that one of the “very short-lived substances”, or VSLS, is growing at an alarming rate. The findings ...
Feb 17, 2015
 
Farmstr, Organic Food Marketplace Shutting Down

Farmstr is a Seattle based startup company which supported small organic farmers sell their products directly to consumers. However, it recently announced that it is shutting down towards the end of this month. According to the founder and CEO of Farmstr, Janelle Maiocco, their early momentum and runaway was not adequate enough to compe...
Feb 17, 2015
 
Cheap Price of Organic Milk Increasing Sales

In the past, organic milk was exclusively purchased by the trendy and wealthy middle classes. However, in the last few years this scenario has changed and it has gone mainstream, as analyzed from the latest figures. This shift has been driven by the cost-effective prices in the supermarket, which has made organic milk more accessible fo...
Feb 17, 2015
 
Scientific Breakthrough Increasing Efficiency of Growing Organic Apples

Apples grown in Northern Ohio soils and shaped by their weather have a better taste. However, the organic versions of these apples are not so easily available, which would benefit their local farm economy. Apple scab is the major reason behind the lack of this. Apple scab is a fungal infection which thrives in more humid climates and th...
Feb 17, 2015
 
Vikings Stadium Construction is on Track

Lester Bagley has announced that the construction of the new Vikings stadium is on schedule. He said that they picked the right time to start, as construction prices have gone up currently. Lester is the executive vice president for the Vikings and handles public affairs and stadium development. The initial budget cost of the stadium wa...
Feb 16, 2015
 
Alaska Budget Lead says Marriage with Construction Husband not an Issue

The Alaskan construction budget’s US$150 million is currently making its way through the Legislature. At the same time, the new chairman of the committee said that her marriage with the head of a construction industry group will be a non-issue as far as budget placements are concerned. The R-Eagle River, Senator Anna MacKinnon, wa...
Feb 16, 2015
 
Failed Bidding Throws United Engineers to Lowest in 17 Years

Talks between United Engineers Ltd. and the richest man in Thailand came to a halt recently, as the bid could not be completed successfully. Post the failed discussions, the shares of United Engineers dropped the most they have in 17 years. The shares of the property and construction company fell as much as 17 per cent. The shares were ...
Feb 16, 2015
 
Apple Works on Developing its Electric Car

Amidst the rumors about Apple’s failure to acquire Tesla Motors Inc. in 2014, the talks about Cupertino trying to build its own self-driven car are still doing the rounds. The continuous rumor about Apple’s incandescent interest does say volumes about the company’s intention of developing an electric car. However, Apple, judgi...
Feb 16, 2015
 
Trai Raises Questions about Fairness in the OTT Sector

Telecom Regulatory Authority of India (Trai) is planning on releasing a paper on OTT players or over-the-top companies such as Line, Viber, and Skype. The paper intends to raise questions such as bringing these companies under net-neutrality, revenue sharing, and licensing regime. . OTT players essential allow users to make calls, send video an...
Feb 16, 2015
 
Nikon Designs its Nikon D810A Camera for Astrophotographers

Nikon India launched a D-SLR, Nikon D810A, a camera that is especially designed for astrophotographers. The D-SLR has the power to capture astronomical wonders that exude the brilliance of H-alpha wavelengths of light such as galaxies and nebulae. This innovation will allow photographers to see astronomical treasures in ways that seemed impossi...
Feb 16, 2015
 
Euro Zone Witnesses Better Economic Performance

As per latest industry estimates, over the last three months the Euro zone has exhibited a strong rate of economic growth of about 0.3%. This figure exceeded the expectations of analysts. This rate of growth can be attributed to Germany’s favorable economic performance. Germany, which is the largest economy within the eurozone, reported a...
Feb 16, 2015
 
Rolls Royce Exhibits Bearish Outlook on 2015 Profit Trends

Rolls Royce has expressed that the company’s profits will decline by almost 13% when compared with the previous year’s performance. As per the latest industry updates, the sharp decline in oil prices that took place recently had a major impact on the company in terms of greater uncertainty for most of its customers and markets. Acco...
Feb 16, 2015
 
Not Just Export Earnings, but Consumer Spending and High Wages to Fuel the Japanese Economy

Several economists and business analysts have reported that the economy of Japan during the fourth quarter did not perform as per expectations. This as a result, pointed towards a difficult situation with regard to economic growth, along with marginal gains from exports. The unfavorable export performance can be attributed to weak domestic cons...
Feb 16, 2015
 
Downloading Dating Apps could be Infectious around this Valentine’s, says IBM

IBM warns techies about the high risks of dating websites and apps as Valentine’s Day is just around the corner. According to a published report Big Blue outlined the potential security risks related with users downloading dating apps and running sex scheduling software on their tablets and smartphones.   The report has studi...
Feb 13, 2015
 
Community Effort Transforming Lewis Island into Wind Energy Hub

Lewis and Harris, the largest island in the Outer Hebrides and third largest island in the British Isles, is home to some of the most consistent and fierce winds in the world. The central moorland region of the island gets especially rapid winds in the winter months. These winds, for so long derided and despised by the fishing community that pr...
Feb 13, 2015
 
Oil Could Drop to US$20 Per Barrel

The fall in crude oil prices in the last quarter of 2014 was one of the most discussed events of the year. The political and economical repercussions of the staggering drop, in which the prices for crude oil dropped below US$50 for the first time in years, could have long-standing effects well beyond the circle of the petroleum industry. Russia...
Feb 13, 2015
 
Ambitious Energy Projects are Long-Term Bets

The Advanced Research Projects Agency – Energy, the United States’ office that manages funding for research into energy and fuel projects, is one of the few unequivocally popular Obama initiatives with strong bipartisan support. The agency has committed more than US$1 billion to more than 400 projects since it was founded in 2009. H...
Feb 13, 2015
 
Samsung’s Upcoming Galaxy Smartphone may Feature a 3 Sided Screen

Samsung is planning to release two versions of its Galaxy top-tier smartphone during the next month, which includes a phone model with a display which featuring three sides, said people with knowledge of the matter. These two upcoming phones from Samsung will showcase all metal bodies and will deploy the most advanced processor chips fr...
Feb 12, 2015
 
The Dual-Screen YotaPhone from Russia will Soon Debut in China

The Russian phone maker of dual screen phone called Yota has signed a deal to sell its largest YotaPhone 2 model with a major Chinese electronics distributor. The distributor will sell this model across China during this quarter of the year. The first consignment of these phones for distributor called Potevio is anticipated to be around...
Feb 12, 2015
 
Innovative Manufacturing Method Showing Potential of Scalable Graphene Electronics

When people talk about the advantages of graphene, they generally are referring to the single crystal form of graphene which does have many attractive properties such as high electron mobility. However, creating a single crystal, pure graphene needs an unscalable technique called the Scotch Tape method, and graphene is pulled out in a single la...
Feb 12, 2015
 
Nutrition Experts Against New Milk by Coke

Nutritionists are voicing their opinions against Fairlife, the new supermilk launched by Coca-Cola. Keri Gans, a registered dietician, said that milk is already packed with ample nutrients; there is no real need for the contents to be changed. Coca-Cola seems to be relying on the numbers to sell its drinks – the new dairy ...
Feb 12, 2015
 
Under Armour Sues Skechers for Copying Ads

Skechers USA has been sued by Under Armour Inc. as the latter attempts to safeguard its own content. The sporting goods maker from Baltimore has filed a lawsuit in the Maryland U.S. District Court. Under Armour is alleging that Skechers has slavishly copied one of the most popular ads made by Under Armour that includes “Protect th...
Feb 12, 2015
 
Samsung Admits to Pop-up Ads Overdose

Samsung has made an official confirmation that their Smart TCs are excessively inserting pop-up ads into TV series and movies that are played through third-party apps. Samsung claims that the excessive pop-ups are erroneously added. The announcement is made within a week of the company being compelled to change the privacy policy of its...
Feb 12, 2015
 
Suzlon Rumored in Talks with Sun Pharma

A large number of stocks collapsed on Monday, while Suzlon shares, which have been fluctuating dramatically for a few years, rose 9 per cent. The stocks grew during intraday on the NSE, and closed 5.4 per cent higher than the closing done on the previous day. The stocks gained another 1.1 per cent on Tuesday. The financials and the oper...
Feb 11, 2015
 
Off-Label Prescription Reimbursement Complaints in Italy

Representing the pharma industry are three trade groups who have filed a complaint against the country of Italy for expanding the off-label usage of medicines. The complaint was filed eight months after the IMA decided to give patients their reimbursements for dispensing Avastin. The drug is cancer-related and was being used for treatin...
Feb 11, 2015
 
Drug Re-patenting Raises Cost by Six Times

Big Pharma companies have begun to increase the price of their most commonly used drugs after completing a process called ‘re-patenting’. Re-patenting allows the corporations to own generic brands that have so far been sold at nominal prices, and let them sell it to consumers for exorbitant prices. Most agencies and ...
Feb 11, 2015
 
Online Sales in Fast-Moving Consumer Goods Would Reach a Value Of US$5 billion by 2020

A research report by Google, the technology organization and Bain & Company, a consultancy firm, stated that online sales in fast-moving consumer goods, that is, FMCG’s segments, such as beauty, male grooming, food and beverages, and infant care would reach a value of US$5 billion by 2020. This would make up to 5% of total FMCG sales,...
Feb 11, 2015
 
New inflation Rate Series with 2012 as Base Year to be Released on Feb 12th

In order to show a better picture of the cost situation in India, government will release a new series of Consumer Price Index i.e. CPI having 2012 as base year for calculating the retail inflation rate. The first series has been collected for January that will be released on February 12, 2015. The Central Statistics Office has revised ...
Feb 11, 2015
 
JetBlue to Accept Apple Pay for In-Flight Food and Upgrade Purchases

JetBlue will soon permit passengers to buy food and beverages in-flight and even seat upgrades by using Apple Pay. The airline states that it will be the first key U.S. domestic airline to make such procures possible for passengers by using the iPhone 6, iPhone 6 Plus and Apple Watch, which is initiating in mid-February on selected New ...
Feb 11, 2015
 
Sprint Corp Surprisingly Supports Stricter U.S. Regulations for Internet Service Providers

With the surprising backing to the stricter U.S. regulations for country’s internet service providers, Sprint Corp was intending to show that the tightening rules will not stop telecom players from investing in U.S.’s telecom sector, Stephen Bye, Sprint’s Chief technology Officer said in an interview.  Bye further...
Feb 11, 2015
 
Indonesia's 3 largest telecom tower companies are expanding - Moody’s Investors

Moody's Investors of Indonesia has said that three largest Indonesian telecom tower companies are expanding the level of their market share and the scale of their operations as Indonesia’s telecom industry continues to strengthen. Nidhi Dhruv, Assistant Vice President and an Analyst of Moody's Investors, said that Indonesia’...
Feb 11, 2015
 
Telecom Companies Come Ahead for Testing Unlicensed LTE, Wi-Fi Alliance Cautious

Ericsson has stated that it is working with Qualcomm and many other telecom carriers to test LTE service in an unlicensed manner in the 5 GHz band. The carriers, which include SK Telecom, T-Mobile US, and Verizon Wireless are at the front line of deploying LTE-Unlicensed (LTE-U) or License Assisted Access (LAA). However, the Wi-Fi Allia...
Feb 11, 2015
 
South Korean Researchers Develop Bendable Electronic Devices

Over the past couple of decades, the world of electronics has been witnessing shrinking electronics devices. However, majority of these are quite similar to those of the 1950s. A group of South Korean researchers and scientists have developed bendable devices that involve the manufacturing of thin films that keep the magnetic and electric prope...
Feb 11, 2015
 
Apple Reports a Market Value Worth US$700 Billion

On Tuesday, it was reported that Apple became the very first company that reached a market worth of US$700 billion. This was the outcome of surging share prices and the upbeat news with regard to a soon-to-be launched smartwatch that will be introduced in the market. The share prices increased by 1.9% thereby, ensuring that the company surpasse...
Feb 11, 2015
 
U.S. Faces Space Capability Related Threats From Russia and China

Recently, the space security system of the U.S. witnessed grave threat from countries such as Russia and China that have developed advanced technologies and mechanisms for disrupting satellite operations and communications. According to Cecil D. Haney, the Navy Admiral, this is a major reason why the space systems of the U.S. are facing rising ...
Feb 11, 2015
 
Technological Addiction Reaching Epidemic Proportions

When Taiwan recently banned kids of the age of two or less from using any kind of digital technology, the move was considered to be unprecedented. The move has come in the light of children accessing technology at a very early age. Teenagers as well as older children in Taiwan will also be restricted under severe laws which state that children ...
Feb 11, 2015
 
Penske Automotive to Invest in Commercial Vehicles

Michigan, U.S. based automotive company Penske Automotive Group Inc. announced on Tuesday that it will turn its focus as well as investments much deeper into the business of commercial vehicles. The company stated that the commercial vehicle dealership business in the United States will b christened Penske Commercial Vehicles, U.S. The company ...
Feb 11, 2015
 
ICA Starts Operations at Alumina Plant, Indonesia

PT Indonesia Chemical Alumina has initiated its commercial operations at the newly opened chemical alumina plant in the Tayan District in West Kalimantan. PT ICA is a joint venture that is currently owned by PT ANTAM and Showa Denko KK, both Indonesian companies. The plant is set to produce alumina, which it does so with the com...
Feb 10, 2015
 
Alkali Chemicals Business Sold to Tronox for US$1.64 Billion

FMC Corporation, an NYSE listed firm, announced that it has made a final deal to sell its Alkali Chemicals business to Tronox Limited. The company had previously broken the news of their acquisition of Cheminova A/S, a multinational agrochemical maker. FMC Corporation said that they would divest the Alkali Chemicals business to lower th...
Feb 10, 2015
 
U.S. to Phase out Perfluorinated Chemicals by This Year

The U.S. EPA recently said that all the major chemical companies that have partnered with it are currently on track with their plans to phase out perfluorinated chemicals (PFC) of America before the beginning of 2016. The eight companies are collectively responsible for the majority of the PFCs produced globally. They have now developed more th...
Feb 10, 2015
 
Softbank to Utilize IBM Artificial Intelligence Watson in its Pepper

Softbank, the Japanese mobile carrier stated on Tuesday that it will include artificial intelligence technology from IBM into its kindhearted robot Pepper, which goes on sale in Japan in the month of February. The Vice President of IBM Watson Group, Mr. Steve Gold, stated that the AI engine Watson is already being utilized in healthc...
Feb 10, 2015
 
China Imposes Fines on Qualcomm record of US$975M

China has imposed a fine the chipmaker Qualcomm for 6 billion Yuan, that is, US$975 million in a signal of anti-monopoly penalties, which have upset foreign organization. US-based Qualcomm maltreated its dominance in wireless technology to charge producers with unjustly high licensing fees, a cabinet agency stated on Tuesday. China i...
Feb 10, 2015
 
Vaizey asks for Tech Firms to Meet Politicians Halfway over Encryption

The controversial comments of Mr. David Cameron on if the government should allow the utilization of strong encryption technology for anti-surveillance reasons have been defended by the minister for culture and the digital economy, Mr. Ed Vaizey. Mr. Vaizey asked the technology firms to convene politicians halfway on sensitive issues...
Feb 10, 2015
 
Maxis Telecom Predicts a Modest 2015 Outlook

The leading telecommunications provider in Malaysia, Maxis has a reason to celebrate. The company witnessed a 17 percent increase in its net profit for the last quarter of 2014, from October to December. According to reports, the net profit registered by the company amounted to a whopping $95 million. This rise in profit to a great extent is at...
Feb 10, 2015
 
Google Eyeing to Invade the Telecom Space

At first it was the online space, and then they emerged as the undisputed leaders in the online video and advertising market. Now Google is focusing its attention to telecom, and this is not an experimental gig.  According to sources, Google is all set to introduce ultra fast internet services to 18 cities at least, including Nashv...
Feb 10, 2015
 
Moroccan Telecommunications win Two Diamond Awards by Pan-African Leaders of Development

Maroc Telcom, one of the leading Moroccan telecommunication operators in the country has been awarded with Diamong Awards in two categories by the Pan-African Leaders of Development 2015. The event was organized by Nouv Afrique on Friday. The venue for the event was Rabat.  The first award the operator won was titled, “Super ...
Feb 10, 2015
 
OnePlus One to be Available for Sale Without Prior Booking on Every Tuesday

The year 2014 saw a few Chinese smartphone startups stirring the entire globe with their power-packed but economically highly viable smartphones. One such smartphone startup, the OnePlus, had introduced a smartphone that included all the essential features that are possessed by the costliest smartphones in the market currently, at a price that ...
Feb 10, 2015
 
Ireland Construction Slows in Jan

Growth eased up a little in the Irish construction sector in January, marking the lowest level that is has been at since a year, activities arose at a much slower pace during the month, according to a survey report released on Monday by Markit Economics. The Construction Purchasing Managers’ index from Ulster Bank witnessed a fall...
Feb 9, 2015
 
U.K. Construction in Crisis

2019 could be the year by which thousands of U.K. construction projects could possibly halt. There has been a growing crisis in the construction industry, according to the Royal Institute of Chartered Surveyors. According to the organization, the shortage of skills is getting even worse and nearly 27,000 construction projects could end ...
Feb 9, 2015
 
Construction Expenses Rise in Phoenix 2015

Mortenson had release their quarterly Construction Cost Index on February 5. The report for Phoenix and five other metropolitan areas in the U.S., said that multiple construction costs are expected to rise for the greater Phoenix area. There will be a 3 per cent increase in non-construction labor, equipment costs, and material costs in 2015. ...
Feb 9, 2015
 
Greece Should Ideally Move Out of the Euro Zone to Restore Economic Progress

According to Alan Greenspan, former head of the central bank, U.S., Greece may not be a part of the Euro zone after a point of time, since the struggling economy of Greece is unable to catch up despite the constant inflow of loans into the economy of Greece. Greece plans on re-negotiating its bailout. However, Greenspan clearly expressed that t...
Feb 9, 2015
 
McDonald’s Japan in Loss with Food Woes

The operator of the Japan outlets of McDonald’s announced on Thursday that the national branch is experiencing a loss. This is the first annual loss for the branch in 11 years. McDonald’s Japan has suffered in sharp decline in sales till December 2014 amidst growing food safety issues. In 2014, McDonald’s Holdings Co. ...
Feb 6, 2015
 
Dunkin’ Reveals Cold Blended Beverage Platform

The cold blended beverage platform just got added competition. Chasing the sale of Starbucks and McDonald’s is the Canton based Dunkin’ Donuts. The fast food giant has announced that it will start rolling out new blenders at all its restaurants across the United States. The blenders will form a new platform for beverages off...
Feb 6, 2015
 
Budweiser Defends Super Bowl Ad

Budweiser has chosen to stand by their Super Bowl ad that angered many beer drinkers in the United States. Budweiser had released a 60 second long ad with the title “Brewed the Hard Way”. According to the ad, Budweiser was not something that should be fussed over. Budweiser proceeded to say that their beer is meant for drink...
Feb 6, 2015
 
Jeddah Kicks Off Travel Expo

The Jeddah International Travel and Tourism Exhibition kicked off on Wednesday and organizers say that the three-day expo will help boost the economy of the city.  The travel and tourism exhibition was launched by support of Prince Mishaal bin Majed, the governor of Jeddah and was inaugurated by the mayor of the city Hani Abu Ras. ...
Feb 6, 2015
 
TansAsia Plan Crash to have Minimal Impact on Taiwan Tourism

After distressing images flashed across televisions on Wednesday of a TransAsia Airways Corp. plane taking a nose dive from the sky, crashing into a roadway and falling in a river in Taipei, most were certain that this crash would translate into quite a challenge for the airline. However, industry analysts and travel agents have said that this ...
Feb 6, 2015
 
South Africa Tourism Counts on Indian Travelers

The tourism board of South Africa has already kicked off the promotional activities for the 2015 road show to be held in the Indian city of Bengaluru.  The road show that will be held in Bengaluru will have first time participants such as Nelson Mandela Bay Tourism, Franschhoek Wine Valley, Cango Wildlife Ranch, Turnberry Boutique ...
Feb 6, 2015
 
Microsoft to launch Voice Control Assistance with Windows 10

Microsoft is all set to set t0 introduce its next edition of operating system, Windows 10. The software giant has said that it will bring its voice control assistance Cotana to computers with the new version of its operating system that powers billions of computers, mobile phones and other mobile device across the globe. Microsoft has a...
Feb 6, 2015
 
Omnitracs Sets Goal on Delivering Logistics and Transportation Technology to More than 1 Million End-users

Omnitracs, LLC, a leading fleet management solutions provider to logistics and transportation companies, has announced that the company and its units Roadnet Technologies, Omnitracs Mexico, Sylectus, Omnitracs Analytics, and XRS Corporation, will deliver its fleet management solutions as software as a service (SaaS) to close to 30,000 customers...
Feb 6, 2015
 
FMC to Sell its Alkali Chemicals Segment to Tronox

A definitive contract has been signed by US-based FMC for selling its division of Alkali chemicals for a value worth US$1.64 billion to Tronox. The company has plans of divesting this division of alkali chemicals, and the purchasing the business of Cheminova for a value worth US$1.8 billion as a measure for reducing the debt with regard to the ...
Feb 5, 2015
 
Johnson Matthey and Anellotech in a Joint Alliance for Producing Special Catalysts

A new business agreement has been entered into by Johnson Matthey Process Technologies, a UK based entity, and US based Anellotech. The main rationale of this agreement is towards jointly developing advanced catalyst systems in order to manufacture aromatics that are bio-based. Anellotech will be incorporating the catalyst systems so developed ...
Feb 5, 2015
 
Potassium based Catalyst - a Preferred Option to Precious Metals Based Catalysts

A team of chemists from Caltech has come up with a way for producing a group of organic chemicals containing silicon, without depending on costly catalysts of precious metals. The latest method makes use of an inexpensive catalyst that is basically a chemical that is abundantly found, and is used extensively in almost all chemistry laboratories...
Feb 5, 2015
 
French Telecom Company Orange to Buy Assets from Bharti Airtel

Orange, the French telecommunication group has decided to buy some assets in Africa. These include assets owned by Bharti Airtel, India’s leading mobile phone carrier. Orange is looking to enforce its operations in Africa, according to sources close to the matter. Although there is no deal in the pipeline, Orange is considering to...
Feb 5, 2015
 
Telecom Italia to Invest EUR 1 billion in Fiber-Optic Broadband Network

Italian phone group Telecom Italia is all ready to invest more than 1 billion Euros in order to broaden its fiber-optic broadband network in supposedly digital divide areas belonging to southern and central Italian regions. Chief executive officer of Telecom Italia Marco Patuano in an interview with Il Messaggero revealed some of the content of...
Feb 5, 2015
 
Telecom Italia Seeks Approval from Brazil for M&A talks

Italian telecommunications company Telecom Italia will seek approval from the Brazilian government to start talks regarding the acquisition of local competitor Oi. This was informed by two sources close to the matter. Telecom Italia chief executive officer Marco Patuano on Thursday, after meetings held in Brasilia with industry and comm...
Feb 5, 2015
 
Apex-Brasil to Exhibit Specialty Food and Beverages at Gulfood

The best of Brazilian cuisine will be on display at Gulfood 2015, which is taking place at the Dubai International Convention and Exhibition Centre. From dairy to meat, and confectionary, the Brazilian Trade and Investment Promotion Agency, also called Apex-Brasil, is mastering the top producers of the nations at the acclaimed yearly trade fest...
Feb 4, 2015
 
JT to End its Beverage Business Owing to Lack of Scale

Japan Tobacco Inc., also known as JT, is getting out of the beverage industry after deteriorating to attain the scale in the grown-up domestic soft drinks industry, and as the previous state monopoly targets on its abroad tobacco operations. JT, famous for its Roots, which is a canned coffee product and Momono Tennen-sui, which is flavo...
Feb 4, 2015
 
Slow Growth and Implementation of Geothermal in the United States

The geothermal is one of the most rapidly growing and developing fields in the world. The field sees 100 percent of renewable and clean energy activities across the globe. The science for geothermal has evolved impressively spanning on all scales and has proven economic and efficient.  The present United States total energy sources...
Feb 4, 2015
 
Three Energy Companies Warn of Layoffs in Texas

Texas oil and energy industry workers are about to lose their jobs in the oil and gas division in the U.S. - including the 330 industry workers at General Electric Co.  This is because the U.S. crude prices languished below $50 per barrel.   The GE Oil and Gas and other two energy companies wrote letters to the Texas W...
Feb 4, 2015
 
City Projects in Downtown Oklahoma Freeze Amidst Energy Industry Turbulence

Downtown Oklahoma City rises with skylines growing high. However, the pace of that growth has started to slow down as uncertainty continues to dwell over the plunging oil prices.  The oil prices were once hovering above $100 per barrel but this does not prove to be an entirely ill-development for the city. This raised questions to ...
Feb 4, 2015
 
New Call Telecom Planning to Buy India-based Nextra Teleservices

UK-based telecom company New Call Telecom is planning to buy Indi-based Nextra  Teleservices as the British company looks to expand its presence aggressively in India’s rapidly growing telecom industry. Nextra Tele Services is an internet service provider company which was founded in 2012, and is currently operating in the fi...
Feb 4, 2015
 
China Key Priority for 2015 - Food Safety and Modernizing Farms

This year in its 2015 rural policy outline, China has listed two things as its top priorities. These are food safety and modernizing farms. This policy tackles the declining agricultural productivity experienced in China which has raised concerns about its future food supply. The first document issued every year in January and released ...
Feb 3, 2015
 
Most Ambitious Plan for Organic Food Undertaken by Denmark

Government in Denmark recently announced a plan which aims to double its organic farmland till 2020 and increases demand for organic food. The organic retail sector in Denmark is one of the most developed in this world. In this market the organic products account for 8 per cent of the total grocery spending, as per the trade association...
Feb 3, 2015
 
Study Reveals Toddler Food has too much Sugar and Salt

According to a new government study, many of the packaged meals and snacks available for toddlers contain unhealthy and worrisome amount of sugar and salts. These products create an early taste for foods in toddlers which can contribute to obesity and other health related risks. Around seven out of ten toddler dinners studied which cont...
Feb 3, 2015
 
4G Mobile Services Recorded a Rise of 36% in Indian Market

The number of operators providing 4G mobile services increased by 36% to 360, in 2014, worldwide, and around half of these, utilized spectrum in 1800 MHz band to offer the super-fast services, as stated in a report. The press release by Global Mobile Suppliers Association has stated about 44% of these providers utilized spectrum in 1800 MHz ban...
Feb 2, 2015
 
VimpelCom Sell Djezzy for US$2.6 billion

VimpelCom Ltd. has decided to shell out a bigger chunk of stake in Djezzy, its Algerian unit, to the government of North African countries, presenting it with US$4 billion in cash and dividends, which will permit it to cut the debt, it owes.  VimpelCom, which is co-owned by Russian billionaire, Mr. Mikhail Fridman and Telenor ASA o...
Feb 2, 2015
 
Dedicated Telecommunications Network to be Built in Singapore for Public Sector

The government of Singapore is planning to construct a telecommunications network that is dedicated exclusively to use by the public sector and to assist the smart nation rollouts of the country. In what sounds to be a huge project, the new infrastructure will offer connectivity and integrity for thousands of sensors that is to be launc...
Feb 2, 2015
 
Construction Mogul Looks Toward Greece

The construction giant from China is now searching for investment opportunities in Greece. This comes after his company has been pursuing indebted local authorities for US$8 billion in unpaid infrastructure bills. The mogul maintains risk factors high by trying to hunt in the Greece market. The founder of China’s largest private s...
Feb 2, 2015
 
U.K. Fake Construction Agencies run Rampant due to Government Inactivity

The Tory-led Coalition has not succeeded to register job agencies, allowing rogue bosses to exploit construction workers while staying out of the government’s radar. Ministers are clueless regarding the number of unemployment agencies that operate in Britain. They do not have any means to keep the construction industry’s emp...
Feb 2, 2015
 
Orlando I-4 to be Reconstructed

On Sunday midnight, rang the official whistle to begin the construction on the Interstate 4 in Orlando. The project will take six years to finish and is believed to bring about a change in the logistics patterns in Orlando. Commuters can expect to face minimal to extreme amounts of traffic congestion in a few more weeks. I-4 Mob...
Feb 2, 2015
 
Construction of Rio Plant only 40 Days Away from Completion

The construction of the much hyped project of Rio Ammunition Plant located at Marshall Business Park is only 40 days away from completion, as reported by officials from MEDCO on Wednesday.  Hal Cornish, the treasurer of MEDCO’s board, said in a recent interview that the construction of Rio Ammunition Plant is by far the most ...
Jan 30, 2015
 
Bostik Opens its Brazilian Subsidiary, Fortaleza to Capitalize on Industry Opportunities at Rio de Janeiro

With the aim of giving a major boost to its activities overseas, Bostik, one of the leading global adhesive specialists in the field of construction, consumer markets, and industrial manufacturing has taken the crucial decision of opening a new powder plant in Queimados. Bostik named the plant Fortaleza, which is going to be its subsidiary in B...
Jan 30, 2015
 
Madison Drive to Have Several Big Construction Projects

The city of New Richmond is growing fast and one can say it from the increasing number of construction activities taking place across the city. On a drive down to Madison Avenue one can easily spot the construction of the all new of 12,000 square feet facility. The facility is being constructed for Barley John’s Brewery. Apart from this y...
Jan 30, 2015
 
Penske Automotive to Increase Dividend to US$0.22 per Share

Penske Automotive Group, Inc., which is an international transportation services provider company, announced today that the board of directors of the company has permitted a cash dividend of US$0.22 a share for the fourth quarter of 2014.  The dividend will be allocated on March 2, 2015, to shareholders, who are on record by February 10, 2...
Jan 29, 2015
 
Bain Capital to Purchase TI Automotive

Bain Capital has decided to purchase TI Automotive, an almost 100 year old auto parts manufacturer, after two earlier attempts to hit a deal between the two. Terms of the agreement that was announced on Tuesday, Jan. 27, 2015, were not revealed. The current owners consist of the Oak tree Capital Management that acquired the organization with ot...
Jan 29, 2015
 
An Automotive Research Center Launched in Coimbatore, India

A US$9.45 billion automotive research centre was started off in Coimbatore on Wednesday, Jan. 28, 2015 by the private university named Amrita University in association with an automotive Test Systems based in Delhi. The Amrita Automotive Research and Technology Center (AARTC) would help the automotive market in fields such as vehicle evaluation...
Jan 29, 2015
 
Pell City Automotive Provider Facing a Possible Fine of US$177, 500

A local automotive supplier, WKW Erbsloeth North America Inc., was quoted by the department of labor occupational safety and health administration in the United States for safety infringement and could be asked to pay US$177,500 in penalties. The department of labor spokesperson, Mr. Lindsay Williams, stated on Tuesday, Jan. 27, 2015 th...
Jan 29, 2015
 
The Next Presidential Aircraft will be Produced by Boeing

The United States president will continue to fly in a U.S.-made plane, based on the announcement made by US Air Force that next presidential aircraft will be created by Boeing. This service was in consultation with the acquisition chief - Frank Kendall, who selected the Boeing 747-8’s design for the program Presidential Airlift Recapitali...
Jan 29, 2015
 
STMicroelectronics steps out of IBM Alliance

STMicroelctronics has decided to pull out from the IBM Alliance made for its semiconductor process technology. This is now apparently become without a source of core CMOS technology. According to the Jean-Marc Chery the COO at ST, their agreement with IBM gives them the right to end their participation in this Alliance under specific co...
Jan 29, 2015
 
R-class Production of Mercedes to move to AM General

Mercedes-Benz is planning to move its production of R-class range from its Alabama plant to the contract manufacturer in Indiana, AM General during this summer. The automaker released a statement yesterday saying that it needed to free space in its assembly operations located near Tuscaloosa, Ala.  According to the CEO of Mercedes-...
Jan 28, 2015
 
Auto Sales Forecast January to be Very Profitable

According to forecasters, the U.S. auto sales have started for 2015 and demonstrating a much stronger graph than 2014, during which a deep freeze which kept shoppers away from several dealerships in most of the country. General Motors is predicted to post around a 20 percent increase with other Detroit 3 automotive manufactures also to display ...
Jan 28, 2015
 
Aston Martin gets Financial Support for its Refreshed Model Lineup

Aston Martin primary financial backer has promised to the company to provide cash support for a refreshed model lineup, which the supercar marker plans to unveil during the Geneva auto show in the month of March. The enterprise Investindustrial S.p.A, that bought around 37.5 percent stake in 2012 of the British manufacturer, will invest...
Jan 28, 2015
 
Oil Plunge Stalling Demand for Supply Vessels, Tugboats

The second largest ship builder in Japan, Japan Marine United Corp., stated that the demand for support vessels and offshore supply has been dampened since the price of crude oil has fallen to a six year low. The firm was created by the merger between steelmaker JFE Holdings Inc. and IHI Corp. It is the only producer in Japan of anchor ...
Jan 28, 2015
 
Investing Activist Chooses Big Target in DuPont Battle

Amid the full fledged activism for hedge funds and failing companies, the campaign by Nelson Peltz to replace four of the directors over at DuPont could possibly be the thing that corporate America will put its foot down for. Investors have been pooling money towards activists after realizing that activists can help increase their botto...
Jan 28, 2015
 
Dow Margin Expansion to Push Growth

The fourth quarter earnings of The Dow Chemical Company are expected to be released on January 29. The company is expected to draw its growth mainly from expanding its margin, which is a consequence of savings in productivity costs from a greater operating leverage. In the most recent presentation made by Dow, at the Credit Suisse Basic Materia...
Jan 28, 2015
 
Assad Wants the U.S. to Enter Agreement over Air Strikes in Syria

Syrian president Bashar al-Assad has stated that the air strikes led by the U.S. Against the Islamic State in Syria should be undertaken adhere to an agreement with the Syrian and Damascus troops involved in strikes through ground control. Assad stated this in an interview with the Foreign Affairs Magazine of the U.S. on Monday. ...
Jan 27, 2015
 
Samsung May Undertake Takeovers to Enter the Market of Internet of Things

Even if Samsung does not intend on taking over BlackBerry Ltd., it will soon be spending some part of its US$63 billion pile of cash on takeovers in the near future. Samsung has an alliance with BlackBerry Ltd. and there have been speculations for quite some time now that Samsung would take over the smartphone company. However, reports ...
Jan 27, 2015
 
Oil Prices Jump Ahead of Blizzard Warning

After hitting all time low due to overproduction and declining demands, oil prices seem to be recovering now. They were up for the second day in continuation on Monday ahead of a speculated snowstorm expected to hit the North-eastern regions of the U.S. Oil prices were up for a second straight day on Monday ahead of the first major snow...
Jan 27, 2015
 
Syrian Opposition Begin Talks in Moscow, Speculate Modest Results

In a meeting of the Syrian opposition members held in Moscow on Monday, it was decided that a set of common demands would be presented to the Damascus government so as to revive peace efforts. The demands will be presented when the representatives join representatives of the Damascus government later this week. While the discussions see...
Jan 27, 2015
 
Scottish Construction Requires 5,700 workers per Year to Grow

The highlights of the Construction Industry Board’s report that was published today, is the overall goal set for Scotland’s construction sector. The report says that the nation would achieve a yearly growth of 1.1 per cent within the time frame of 2015 to 2019. To achieve this, Scotland needs to hire 5,700 new workers every year. ...
Jan 27, 2015
 
No Pledge from LGFV, China Private Bond Stressed

The private bond market in China is currently facing deeper scrutiny. The issue happened after a financing vehicle from a local government said that it held no guarantee obligation on the notes that were being distributed by a manufacturer. The vehicle is from the eastern province of Jiangsu. The Dongtai based Dongfei Mazuoli Textile Ma...
Jan 27, 2015
 
Expansion of Manufacturing Business on the South Coast to Create New Jobs

According to the latest reports, the expansion of manufacturing business in South Coast is expected to create more than a dozen jobs in the region.  The multi-million dollar company NowChem or Nowra Chemicals has won a state government grant to build a facility for pharmaceutical products following which the company is expecting to...
Jan 23, 2015
 
Construction of a New R&D Center to Begin in Osaka

Ube Industries, the leading chemical company in Japan is all set to commence the construction of a new research and development facility in Sakai City at Osaka Prefecture in Japan. The facility scheduled for completion by July 2016 will be built within the Sakai Factory. The focus of the new facility will remain on the research and development ...
Jan 23, 2015
 
Michele as New Gucci Creative Head to Bring Back Growth

Gucci has promoted Alessandro Michele as the company’s next creative director. The previously little known designers in now in the limelight and has been tasked with one of the biggest responsibilities of the company. His job is now to return the growth rate to Gucci which spent a year with almost no growth. The first collection u...
Jan 22, 2015
 
Apple Buys Out Semetric

Apple Inc. has recently acquired Semetric, a British start-up that focuses on music analytics. The maker of the iPhone is looking to strengthen its ability to gauge what the users are listening to in forethought of Beat Music. Beats Music will be launched internationally in 2015. A source said that Apple bought Semetric for almost US$50...
Jan 22, 2015
 
Tizen Disappoints India with First Impressions

The first smartphone run made by Samsung Electronics Co Ltd. with its own operating system received poor scores in its India launch. Reviewers and consumers alike are complaining about the software’s problems, which include low quality inbuilt camera app and a lack of software applications. The South Korean electronics giant relea...
Jan 22, 2015
 
HUL to Drive Competitiveness in Food and Beverages Market

Consumer goods producer Hindustan Unilever Ltd (HUL) is looking forward to strengthen the core of its business and push the competitiveness of its brands ahead in the market.   Mr. Harish Manwani, the chairman of HUL stated that they are going to continue to make the core of their business strong and boost the competitiveness of thei...
Jan 22, 2015
 
Qatar First Bank Acquired 49% Stake in Food Services Company

The acquisition has marked Qatar First Bank’s second investment in the Food and Beverages industry and the fourth in the Qatari market. The acquisition also demonstrates the dedication of Qatar First Bank to geographical and sectoral diversification. Mr. Ahmad Meshari, the Acting CEO of QFB stated that from the beginning, their in...
Jan 22, 2015
 
Trent Hypermarket to Invest US$40 million for Business Expansion

Trent Hypermarket, the joint venture that is equally owned between the UK based Tesco and the TATA group, plans to invest US$40 million as the only Indian multi-brand retailer with foreign investment focuses on opening more stores.  The intended expansion is expected to be seen as a test case for the ruling government’s stanc...
Jan 22, 2015
 
Crude Steel Output in China Set to Hit the Lowest on Record

According to new data released by the National Statistics Bureau, China’s production in crude steel - a positive indicator to its industrial demand declined to its slowest pace of growth as recorded last year.   China produces half the world’s steel. The country’s vast steel complex is renowned across the globe an...
Jan 21, 2015
 
Indian Medical Devices Industry Boosted by Liberalization of FDI

The Department of Industrial Policy and Promotion released a press note a few days ago that liberalized FDI in the sector of medical devices. The expected and welcomed move comes after Cabinet had given the green signal in December 2014 to bring out the medical devices sector from the previous restraints that were placed on it. ...
Jan 21, 2015
 
Salix Pharma to Explore More Options

The maker of bowel related drugs, Salix Pharmaceuticals Ltd., is currently in talks with Centerview Partners Holdings LP, an investment bank, to consider more possibilities. The company is deliberating over a potential sale to a bigger pharma company. The North Carolina based Salix saw its CEO Carolyn Logan resign earlier in January. Th...
Jan 21, 2015
 
Darinaparsin to be Commercialized in Japan

Solasia Pharma KK is a medical firm established with the motive to hasten the patient access to unique oncology therapies in the West. Meiji Seika Pharma Co. has formed a license agreement with Solasia for the commercialization and development of intravenous formulation in Japan, where it is known as darinaparsin. The former firm is cur...
Jan 21, 2015
 
Ottawa Police doesn’t Find Any Hazardous Chemical at the Hotel following Arrest

Ottawa police has stated that no hazardous chemical and materials have been found at the Chimo Hotel in Ottawa where a man was arrested in connection with a possible threat. On Wednesday, Jan. 21, the police arrested a suspect at the Hotel situated in east end of Ottawa, after it was vacated in Tuesday night. The arrest is assoc...
Jan 21, 2015
 
E-cigarette Smoke Contains Cancer Causing Chemicals

E-cigarette vapor can include formaldehyde that can cause cancer that is 5 to 15 times higher than normal cigarettes, according to a new study. It was found in research that e-cigarettes functioning at high voltages produce vapor with high amount of formaldehyde, which contain chemical compounds. This could cause a risk to the smokers w...
Jan 21, 2015
 
Green Biologics Ltd. Generates US$76 million to Increase Production

A U.K. based company, Green Biologics Ltd., which manufactures chemicals from sugar cane and agricultural waste, raised US$76 million to increase production that includes converting a Minnesota ethanol plant to manufacture acetone and butanol. Green Biologics, which is based in Oxfordshire, stated in a statement on Wednesday that it is ...
Jan 21, 2015
 
Grand Rapids Mayor Questioned by Oil and Gas Industry Official Over Fracking

In his last State of the City speech, Grand Rapids mayor George Heartwell auctioned a moratorium on the process of hydraulic fracturing, more commonly known as fracking. He said that the city required more time on assessing the safety of the technology that is being used to boost oil production and increasing gas wells. Grand Rapids has...
Jan 20, 2015
 
Oil Prices Slip Bad Results for Saudi Oil Cos

Monday saw a majority of the Gulf equities pulled back while oil prices continued to slip again. The negative earnings from 2014 fours quarter now bear down on the Saudi Arabian oil sector. Brent crude oil slipped below US$50 per barrel over concerns that the economic outlook of the world was weakening after the announcement of record o...
Jan 20, 2015
 
Plastics Industry Becomes Indispensible to Auto Industry

With the automotive industry looking to shave weight off vehicles at every corner possible, designers are looking more and more towards viable plastic options for car parts. The urgency in creating lighter cars has consequently sparked off an interest in the auto industry for different materials, including plastics. The rush has been cr...
Jan 20, 2015
 
Novo Nordisk Launches Combination Diabetic Drug Ryzodeg in India

Novo Nordisk, Denmark-based pharmaceutical company, launched a diabetic drug in India named Ryzodeg. The combination drug will be priced at INR1595 for 300 units and is applicable to those with Type 2 diabetes in India. Other than India, Ryzodeg will also be sold in countries such as Hong Kong, Japan, Kazakhstan, Brazil, Aruba, Chile, Costa Ric...
Jan 20, 2015
 
WHO Urges Lifestyle Changes as it Reviews Causes of Death

A recent report published by World Health Organization indicates that chances of deaths in India between the ages of 30 to 70 year occur due to four main reasons - cancer, diabetes, respiratory diseases, and heart ailments. These diseases are broadly categorized as non-communicable diseases (NCDs). India accounts for 26% of deaths due to these ...
Jan 20, 2015
 
Medical Devices Industry in a Celebratory Mood after Liberalization of FDI

The medical devices industry is happy to know that the Department of Industrial Policy and Promotion liberalized FDI in the sector. The move was an anticipated one as December Cabinet was in support of medical devices industry carving a niche for itself with foreign direct investment.  This move will help foreign companies to inves...
Jan 20, 2015
 
China Telecom Eyeing for Mexico Network

China’s third largest telecom operator, China Telecom, is reportedly gearing up to build and run a new mobile broadband network in Mexico. According to sources, the state-owned telecom companies in China are looking to partner with local operators across different nations to form a consortium.  China Telecom Global, the inter...
Jan 20, 2015
 
Nokia All Set to Build 4G Network for Airtel

In a deal all set to create history, Nokia Networks bagged an incredible contract worth US$ 200 million to build the very first 4G network in India. The network will be built in the 1800 MHz band across six telecom circles. As stated by sources, the public announcement of the deal will be made soon by Nokia Corporation and Bharti Airtel...
Jan 20, 2015
 
Three Eyeing to Bid for O2 Following UK Telecom Markets Mergers

Owners of UK’s leading mobile network, Three, are gearing up in a bid to rival for O2. The information came following BT’s announcement about its future plans to acquire EE, the largest network in UK. According to a leading news daily, owner of Three, Hutchison Whampoa is already in early stages of talks with Telefonica to a...
Jan 20, 2015
 
Global Petrochemicals Industry to Witness Declining Prices

As per industry reports, the global petrochemicals industry which is valued at US$3 trillion fell by about 18% in December. This drop has been by far the biggest on a month-over-month basis since 2008 November. The main factors behind such a major decline are the continually falling prices of naphtha and energy. Also, the prices of petrochemica...
Jan 19, 2015
 
Hutchison Plans on Acquiring U.K. based O2

O2, Telefonica SA’s wireless unit in the U.K. will most probably be purchased by Hutchison Whampoa Ltd., since the latter is looking for business expansion in Europe. the other options being considered by Hutchison involves the merging of its Italian mobile unit with its local counterpart and competitor. The investment plans with regard t...
Jan 19, 2015
 
Britain’s Financial Sector to Witness Robust Growth

The Confederation of British Industry on Monday stated that the highest upsurge in business was reported by Britain’s financial sector in close to twenty years in the last three months of the previous year. The CBI, stated that its quarterly financial services business volume index increased from +49 in September to +57 in December. And t...
Jan 19, 2015
 
Intels Mobile Division Observes US$4.21 Billion in Losses Over 2014

The mobile division of Intel Corp. incurred operating losses of US$4.21 billion in the year 2014, an amount that counts for the profits earned by all but two of the top 30 companies indexed on the semiconductor index of Philadelphia Stock Exchange. Intel, the world’s largest maker of semiconductor chips, have racked up the losses ...
Jan 19, 2015
 
Botswana Power Corporation Asks for Telecommunications Operator License

The national broadband strategy report of Botswana has recommended the sanction of the application by the Botswana Power Corporation (BPC) to utilize its wide-ranging fiber network to make telecommunications services available. The broadband strategy report by three consultants states that Botswana Power Corporation should be given a license to...
Jan 19, 2015
 
China Telecom to Consider Investment in Mexico Mobile Broadband Network

China Telecom parent will perhaps make a bid for the US$10 billion network, a spokesperson for the company stated. There aren't many details, as the company stated that it is just starting to observe if it should put money in the network. China Telecom parent would wish to join Mexican organization in a coalition. There was no statement...
Jan 19, 2015
 
EU and Pharmaceutical Industry Joins Hand to Fight Ebola

The European Union is all set to venture with the European pharmaceutical industry to finance research projects worth 215 million Euros to fight Ebola. The focus will primarily remain on developing vaccines and methods of diagnosis, as revealed in an announcement made on Friday.  In an effort to boost research on treatment and vacc...
Jan 19, 2015
 
Under Armour Sues Salt Armour

The Baltimore based surging sports apparel brand Under Armour Inc. has filed a lawsuit against the Boca Raton based Salt Armour Inc. The latter sells saltwater fishing apparel and according to Under Armour, has violated trademark rights. The complaint filed by Under Armour says that consumers might get confused or even misled into belie...
Jan 15, 2015
 
Saygus V2: The New Phone on the Block

The relatively unheard of company Saygus displayed its first smartphone to the public. The phone was unveiled at CES 2015 and has since captured the attention of carriers and consumers alike. The Saygus V2 aims to become the next super smartphone that offers US$1000 phone specifications at a fraction of the price. Saygus, a company in S...
Jan 15, 2015
 
French Delegation to Visit Indian to Salvage the Rafale Jet Deal

In a bid to salvage an important defence equipment deal, French delegation will arrive in New Delhi this month. The deal in question happens to be the world’s biggest defence deal, inclusive of a supply of about126 Rafale fighter jets to Indian Air Force. Over the past few months, the deal has been facing a few challenges due to the local...
Jan 15, 2015
 
North Koreas Nuclear Arsenal Could Rise by the Time Obama Leaves Office

Siegfried S. Hecker - a senior fellow and former director of the Los Alamos National Laboratory, an affiliated member at Stanford University’s Center for International Security and Cooperation has visited North Korea many times over the past decade. According to him in the next two years, North Korea is expected to have enough stock of fi...
Jan 14, 2015
 
Japanese Defense Minister Confirms Crisis Hotline with China

In order to prevent the inadvertent disputes in the East China Sea, China and Japan will very soon launch airspace and maritime crisis management mechanism, said Gen Nakatani, Defense Minister earlier on Tuesday.  Just a day after bilateral talks on this issue, Nakatani announced at a news conference that they have settled on the f...
Jan 14, 2015
 
Think you’re Attractive? You Get a Free Meal!

If you thought restaurants take marketing and promotions too seriously, this bizarre promotional strategy will either anger you or impress you. A Korean food restaurant in Zhengzhou, China, has introduced a novel marketing technique under which it offers free meals to attractive customers.  The restaurant in central Henan province ...
Jan 14, 2015
 
Altice Deal Planned in 10 Days: Portugal Telecom

Shareholders for Portugal Telecom SGPS SA have elected for a 10 day gap to hold a meeting that will decide the fate of telecom company Oi. The company’s Portuguese assets are planned to be sold to Altice SA, which belongs to billionaire Patrick Drahi. Oi’s shares in the meanwhile have slipped by 15 per cent. The decision to ...
Jan 13, 2015
 
Shire Buys NPS Pharmaceuticals

Shire, the U.K. based pharmaceuticals company has entered into a business deal for buying NPS Pharmaceuticals, a U.S. based biotech firm for a value worth US$5.2 billion. Shire is generally known to be a manufacturer of drugs that are used for treating rare and uncommon diseases. As per Shire, this business deal will eventually strengthen its p...
Jan 12, 2015
 
Researchers Develop Chitosan as a Sustainable Food Packaging Alternative

Chitosan, a material derived from crustacean shells has been used by researchers as a substitute for the by-products of petroleum for food packaging purposes. It is of prime importance from the viewpoint of environmental sustainability to develop alternative materials that can be used in place of plastics, since food packaging products have cau...
Jan 12, 2015
 
Convertibles are Back with a Vengeance

Sales of convertible cars had suffered from the 2008 recession, with flaunting such flashy cars becoming socially unacceptable in times of economic instability and plummeting incomes. However, with the American economy now firmly on its way to a strong recovery and the lingering aftereffects of the recession about to be shed, automakers are rel...
Jan 12, 2015
 
CEC Liquid Telecom to Build Fibre Network Worth US$5 Million in Zambia

CEC Liquid Telecom Zambia announced its plan of making a new fibre link between Victoria Falls and Lusaka in Livingstone that will help the company to provides its wholesale and retail customers better broadband service at a high-speed. This reliable service will be offered to all the subscribers in South Zamia. The starting point of the new fi...
Jan 12, 2015
 
Videocon Gets Offers for its 49% Stake Sell-Out

The telecom unit of Videocon Group, Videocon Telecom has got offers from an Indian telecom company and a Mexican company to purchase about 49% stake in Videocon. However, Venugopal Dhoot, Group Chairman stated that the deal would take place only after the telecom frequencies auction is done in the next month. The company will also have further ...
Jan 12, 2015
 
Most Influntial Gadgets from CES 2015 so Far

The Consumer Electronics Show in Las Vegas is on, and revolutionary gadgets are being introduced every day. But some have risen well above the rest to be counted as the best and most influential among the vast collection. Here are some of the best upcoming products launched at the 2015 CES. 1. ThinkPad Stack from Lenovo: Lenovo’s ...
Jan 8, 2015
 
Weirdest Gadgets at CES 2015

The annual Consumer Electronics Show in Las Vegas is a hotbed for the wonderful as well as the weird. 2015 saw the release of the wonderful in the form of Lenovo’s ThinkPad Stack, Intel’s Curie computer, and numerous hydrogen-powered cars. However, the expo was not without its fair share of quirks and oddities. Here’s a few of...
Jan 8, 2015
 
Under Armour Bigger than Adidas in U.S. Sportswear Market

The second position in the U.S. sportswear market had been held by Adidas until recently. In 2014, Under Armour overtook the sports goods giant to take second place. U.S. sales of Under Armour in footwear and apparel generated US$2.6 billion in 11 months, starting from 3 January. In comparison, Adidas accrued only US$1.6 billion. The da...
Jan 8, 2015
 
Cars All the Way for CES 2015

On the Sunday before the start of CES 2015, Audi successfully dispatched a self-driven A7 model from San Francisco to Las Vegas. In the meanwhile, the Chief Executive Officer of Nvidia, Jen-Hsun Huang, took a press conference to talk about their latest endeavors in self-driving systems and power cabins, the new Nvidia Drive CX and Drive PX. He ...
Jan 8, 2015
 
US Energy Stocks with Bad Sell-side

Wall Street has gone against the energy sector as stock analysts continue cutting down its earnings estimates, while slipping oil prices add to the sector’s 2015 woes. The end of June 2014 saw the energy sector slip by 23 per cent in the S&P 1500. Despite that, stock prices may not actually account for the substantially reduce...
Jan 7, 2015
 
Consumer Electronics to Strike Gold in US 2015

The U.S. Consumer Electronics Sales and Forecasts revealed that the consumer electronics industry revenues are expected to grow 3 per cent in 2015. They will reach a record high of US$223.2 billion. The data was referred from the semi-annual industry report that was released by the CEA on Tuesday. The CEA forecast shows the U.S. factory...
Jan 7, 2015
 
Education of 67,000 Students Disrupted as ISIS Closes Schools in Syria

Recent shutdown of schools by Islamic State in Deir ez Zour, Raqqa, and divisions of rural Aleppo have disturbed the education of around 670,000 children of primary and middle school age in Syria, the United Nations Children’s Fund reported on January 6, 2015. Addressing the press in Geneva on Tuesday, Mr. Christophe Boulierac of ...
Jan 7, 2015
 
US$30.2 Billion Telecom Money Pumped into Brazilian M&A Market

The Brazilian market and acquisitions market saw the greatest expansion in 2014 in four years. Most businesses in the country have taken full advantage of the affordable asset prices, while telecoms looked for scaling through combinations. The country’s number of deals increased by 16 per cent in 2014, to US$84.3 billion. This res...
Jan 6, 2015
 
December Boom for US Auto Companies

Car makers in the United States have reported annual sales in December 2014 as their strongest since 2006. The companies have successfully taken advantage of plunging fuel prices and low interest rates to bounce back from a worldwide automotive financial crisis. The soaring numbers could prove extremely beneficial to companies that had ...
Jan 6, 2015
 
Years before Mis-Selling PPI Scandal Ends: UK Banks

According to the announcement made by London’s chief financial ombudsman, Britain banks will be paying out compensation amounts to their customers’ mis-sold loan insurance in the coming years. The banks have already set aside an amount of 24 billion pounds ($36.5 billion) to convene to the overall issue.  The Financial ...
Jan 6, 2015
 
NEMC Deals Severely with Tanga Cement Company Ltd (TCCL) for Violating the Law

As reported today in Tanzania, NEMC has promised to penalize Tanga Cement of all the allegations of importing more than thousands of tonnes of harmful and hazardous materials.  Tanga Cement Company Ltd (TCCL) is alleged for importing thermal coal from South Africa, say the official environmental overseers. This has been observed in...
Jan 6, 2015
 
New York Retailer Coach to Buy Shoemaker Stuart Weitzman Holdings

Now York based accessories retailer company Coach is about to close a deal to buy Stuart Weitzman Holdings, a widely renowned women’s luxury shoe company, for nearly US$600 million. The people familiar with the matter also stated that the deal could be announced early this week.   Coach, widely popular for its Poppy handbags,...
Jan 6, 2015
 
Necessary Focused Skill Development for Food Processing Industry Growth: Assocham

The Assocham is the next-gen step in making economies like India and many others the best in food processing across the world. A recent announcement conducted by the MoFPI has stated that the youth is trained and skilled in the food processing domain to achieve commendable steps towards attaining new goals.  Over the years, there h...
Jan 5, 2015
 
Richard A. Baron Appointed as the CFO and VP of Zynerba Pharmaceuticals, Inc.

According to a new report released today, Zynerba Pharmaceuticals, Inc. announced the appointment of vice president as Richard A. Baron and CFO chief financial officer effective from January 5, 2015. He has more than 30 years of experience in the pharmaceutical industry, particularly in the field of executive finance leadership for pharmaceutic...
Jan 5, 2015
 
Telecom Panel Insists on INR100 Crore Net Worth to Bid for Spectrum Auction

It is getting increasingly difficult for Tata Teleservices Ltd (TTL) and Aircel to bid for the upcoming spectrum auction with the inter-ministerial committee (IMC). The reason for this inability to make a bid is the committee’s decision of only letting the companies with sound balance sheet bid. The committee has made it quite clear that,...
Jan 5, 2015
 
Car Customization: Trendiest Topic Surfacing in Automobile Industry in 2014

One of the many notable automotive trends to emerge in 2014 was the rise of car customization. From customizing the car’s trim to be made with a tree from the customer’s own garden to redesigning a customer’s house to resonate more with his new purchase, there is seemingly no end to this trend. BMW are at the forefront...
Jan 2, 2015
 
The Biggest Automotive Letdowns for the Indian Consumer in 2014

As the year 2014 has ended, it is time to analyze markets and see the hits and misses. For the Indian automotive industry, the year 2014 remained a year of hits and misses as well. Balancing out the positives, though, were the notable negatives listed below. 1. Triumph’s PS Misadventures: Triumph’s two deplorable decisions w...
Jan 2, 2015
 
India Manufacturing PMI Hits Two-Year High

Factory PMI (purchasing managers’ index) in India hit a high of 54.5 in December 2014, the highest since December two years ago. This is in line with the continued trend of expansion seen in India’s PMI since that high mark two years ago. A mark above 50 is seen as expansion, whereas a mark below 50 counts as a contraction. ...
Jan 2, 2015
 
Food Scandals Driving Chinas Youth towards Organic Products

With food safety scandals hitting the food and beverages industry in China, organic food has become the new trend among the urban crowd. The younger crowd has decided to switch eating patterns and look for alternative and healthy options to purchase fresh meat and produce. Currently, an insignificant 1.01% of the total consumption of food is fo...
Jan 2, 2015
 
Close Loophole that Allows Companies Add Harmful Chemicals into Food

Before consuming any food we obviously need to know what ingredients are there in our food. Yet thanks to the loophole available in federal food regulations, many companies are continually allowed to enhance as many as 3,000 different types of chemicals to the foods we eat in our daily lives. This is without revealing the true facts to either t...
Dec 30, 2014
 
Gone in Six Seconds

India is the market to be for makers of budget-anythings, as the country’s developing economy and its stereotypical miserly attitude makes it a hotbed for cheap-and-cheerful products. Xiaomi, the Chinese maker of cheap smartphones, proved this dictum once again with the rampaging sales of their new offering, the Xiaomi Redmi Note 4G, put ...
Dec 30, 2014
 
Get Rid of the Idling Myth Already

It is a common belief that cars need a few minutes of idling to get going, particularly in cold weather. As a result, it is now common practice in the Unites States and other countries in the Northern Hemisphere to start up a car’s engine a few minutes before actually starting the journey. The trend is naturally much higher among owners o...
Dec 30, 2014
 
Telecom Companies Make Suggestions for Make in India Initiative

The Indian government is fast on the heels of promoting their new Make in India initiative, and telecom giants are willing to offer help to make it successful. Companies including Ericsson, Nokia Networks and Huawei have all created manufacturing and export bases in India and plan to expand their current level of operations. The...
Dec 30, 2014
 
Porsche Recalls Cars from the 918 Spyder Range Due to Faulty Chassis Parts

Reports have it that Porsche is recalling more than 200 cars from its limited-edition 918 Spyder range for replacing defective chassis parts. This is the second issue surrounding the most expensive model of Porsche. The fault was noticed during Porsche’s own tests during in-house quality checks and no official complaints about acc...
Dec 24, 2014
 
New Samsung Chips to Give Rise to 4GB RAM in Phones

The war of the smartphones is soon approaching a new level after Samsung is preparing to launch new devices that will be powered by 4GB RAM. Most of the company’s flagship phones could be expected to have the larger RAM in 2015. The South Korean electronics leader has already begun to the mass production of 8 Gb low power mobile D...
Dec 24, 2014
 
5 Paradigm-Shifting Deals in the Chipset Industry in 2014

2014 was a revolutionary year for the wireless chipset industry, with numerous influential deals taking place in the passing year. There were some which were long-awaited, while some had the element of surprise. Here is the list of the five game-changing deals from 2014. The top deal of 2014 was, without doubt, mobile chipset giant Qual...
Dec 23, 2014
 
BMW to Help Takata in Mass Airbag Recall

The most recent car maker to join forces with Takata in the recall of their faulty airbags is the German BMW. They have become the latest company to submit to the appeals from federal regulators to expand the country wide recalls of cars fitted with Takata airbags. The airbags have reportedly become prone to faulty deployment and ruptur...
Dec 23, 2014
 
Google Runs into Opposition on Automotive Front

Google is firmly on its way to becoming a global know-it-all, striking up collaborations and carrying out takeovers with disparate enterprises in order to establish its global information empire. However, it appears the German automotive industry is one fiefdom that won’t allow Google’s knights to run the rule over its subjects. ...
Dec 22, 2014
 
Military Forces Use Video Games to Train and Treat Soldiers

Several governments are looking at gaming to develop military tactics and exercises. The world of virtual reality is being preferred over acting warfare-like scenarios to save costs and taxpayer’s money. According to Michael Condrey, the co-founder of Sledgehammer Games who created Advanced Warfare, the U.S. government is actually investi...
Dec 18, 2014
 
Trouble for the Ruble Puts Russian Auto Industry in Bubble

The first half of 2014 was a prosperous time for the Russian economy, boosted by the 2014 Sochi Winter Olympics. However, Russia’s political isolation has led to a downward spiral since the culmination of the controversial sport epic. Coming on the back of Russia’s ostracization due to Putin’s stubborn stance on the issue of t...
Dec 18, 2014
 
Aviation Ministry Seeks SpiceJet bailout

Civil Aviation Minister, Ashok Gajapati Raju has requested several public sector banks to sanction loans to SpiceJet, the sinking airline awaiting its last straw. However, there seems no economic, political, or a humanitarian logic to this request by the government. He has asked for an amount of INR 600 crore, which will be given on the basis o...
Dec 17, 2014
 
Zimbabwe to formulate Pharmaceutical Development Strategy

Zimbabwe is in the process of formulating a pharmaceutical development strategy with the aim of expanding its utilization capacity in terms of the production of medicines, states a progress report based on the implementation of Zim-Asset or Zimbabwe Agenda for Sustainable Socio-Economic Transformation. Approximately EUR 150,000 was set aside to...
Dec 17, 2014
 
Traders Using Social Networks in Vietnam Expected to Pay Tax

Retailers dealing online in Vietnam are expected to pay sales tax from next year, Ho Chi Minh City.  Websites will be required to register with the government in order to sell goods and also pay tax on various goods they handle, announced The Ministry of Industry and Trade on Thursday. These regulations aim to earn the same...
Dec 17, 2014
 
Lexus Interested in Tesla Mall Sale Approach

Lexus promotes its vehicles with the belief that hybrid cars are superior to fully battery powered electric cars. But when it comes to branding tactics, Lexus seems to be more interested in the strategies that Tesla Motors are following. The directors of the luxury wing of Toyota have been intrigued with the direct sales model played out by Tes...
Dec 16, 2014
 
Sex Education Guidelines Revised for First Time in 14 Years in Scottish Schools

Sex education in Scottish schools hasn’t been revised since 14 years and the new set of guidelines provide an outline on how schools can teach students about sexual health, relationships, and parenthood. Two of the most significant changes that the new guidance has made are regarding same-sex marriages and civil partnerships.  ...
Dec 15, 2014
 
Airtel to Sell 1100 Towers to IHS in Zambia and Rwanda

Bharti Airtel made a huge announcement about its deal with IHS Holding Ltd. The Indian telecom giant plans to sell 1,100 telecom towers across Rwanda and Zambia in the African continent. This move by Airtel comes as it is tries to focus on strengthening its core business and provide better service to its customers. The telecom giant also intend...
Dec 15, 2014
 
Hacking of Belgacons Network Had Far-Stretched Effects - Reports

The hacking of Belgian telecom company Belgacom’s computers, alleged to have undertaken by British hackers, had far-stretched effects than what were earlier assumed, and the act went undetected for over two years, state new reports presented on last week’s Saturday.  The information about the hacking into Belgacom&rsquo...
Dec 15, 2014
 
Uber Faces More Troubles: Freshly Banned Across Many Countries and Cities

Uber technologies Inc. has already faced a record number of legal and regulatory troubles since its launch only four years back. It seems that the pileup of troubles for the company is sought to further rise, with its existence in Indian and Californian market challenged.  District attorneys of San Francisco and Los Angeles have su...
Dec 10, 2014
 
Service Contract for Supporting the A400M Airlifter

According to the French and British ministries, a special service contract has been awarded to the Airbus Defense and Space by the UK and France for extending support to the A400M airlifter that is flown by the French Air Force and the Royal Air Force. In a statement it was expressed by the ministry that for the preliminary maintenance and supp...
Dec 9, 2014
 
Hertz Recognized as the Best Car Rental Company Among Various Industry Awards

The Hertz Corporation receives the ‘Best Car Rental Company of 2014’ title among the leading three travel industry awards.  Bob Stuart, Vice President, Hertz Executive said it is a huge honor to earn these awards and Hertz is constantly making distinct efforts to offer optimum services and products to its customers. The...
Dec 9, 2014
 
Billionaire Plans to Buy Oi Portuguese Assets

Patrick Drahi has drawn an agreement to purchase Oi SA’s phone assets in Portugal for almost US$9.1 billion. This move will allow the billionaire to expand his telecom venture inside Europe. The board of members at Oi approved the sale of PT Portugal’s revenue in the immediate future. Only when the transaction is completed w...
Dec 9, 2014
 
Telecommunications Fraud in Nairobi Targeted Chinese

According to Mao Yizong, a Chinese Embassy spokesman, about 70 Chinese individuals arrested in Nairobi are a part of some cross-border telecommunications fraud. He further added that the group uses communication equipment to cheat and call their targets who are mainly Chinese. Hua Chunying, Chinese Foreign Ministry Spokesperson stated t...
Dec 8, 2014
 
Kingston Resident Selected for Stars 40 Under 40 Award

Cara Williams of Kingston’s efforts are profiting the Massachusetts Ovarian Cancer Coalition. Being the owner of Orta Restaurant, Pembroke she inaugurated the restaurant and a fundraiser with a big bash.  Williams has been selected as the beneficiary of the nonprofit children’s services organization Stars’...
Dec 8, 2014
 
Irish Construction Surging on in November

The Ulster Bank Construction PMI registered at 63.5 in November. This number is down from October’s 64.9, but is still high enough to be considered as extremely promising. It signals a substantial increase in construction activities in Ireland. Business sentiment attained a new height in the midst of optimism regarding the Irish e...
Dec 8, 2014
 
Samsung is now the Official Consumer Electronics Partner to the Proteas and Cricket South Africa

Cricket South Africa and Samsung Electronics South Africa have Samsung as their prospective official consumer electronics partner to CSA and the Proteas. They have announced their three-year deal earlier this week. Their exclusive consumer electronics partnership with the Proteas and CSA includes cameras, mobile and touchscreen devices....
Dec 4, 2014
 
Ukraine Reports Nuclear Power Plant Repair After Short-Circuit

Ukraine’s newly elected Energy Minister Volodymyr Demchyshyn reported that a minor short circuit at the nuclear power plant led to power shortages in many parts of the country. However, it further reported that no one is in danger of radiation because of this. He further added that the incident occurred at the Zaporizhya plant and the eme...
Dec 4, 2014
 
Danone Asked Russian Minister to Take Back His Words on Non-dairy Fats in Milk Products

Danone (BN) has asked the agriculture minister of Russia to apologize for a statement in which he said that global dairy organizations are mixing plant oils in milk products, becoming the most recent western organization to clash with the regulators of the nation. Nikolai Fedorov, the agriculture minister had said on November 28, 2014, ...
Dec 2, 2014
 
US Requires New Nuclear Weapon, Military Experts Quote

A number of military experts, scientists, and leaders have proposed to produce a new set of hydrogen bombs in the US, stating that the existing weapons in the stockpile are 27 years old, on an average. John Hamre, the president of the Center for Strategic and International Studies, said that the US should relieve itself from existing we...
Dec 1, 2014
 
Kenyan Government Looks to Expand Textile and Apparel Industry

The Kenyan government has expressed its desire to develop the textile and apparel industry in the country. The government has urged some of the leading textile companies to establish centres in Kenya.  Wilson Songa, industrialization principal secretary, stated that many textile firms had expressed their interest in setting up base...
Dec 1, 2014
 
Sony Pictures Entertainment Computer Systems Hacked

Sony Pictures Entertainment has been stuck with a massive cyber attack that blowed out the studio’s computer network the last week. People familiar with the matter stated that the company has hired Mandiant forensics unit of FireEye Inc. to investigate and clean up the matter. U.S. FBI is also investigating the matter, stated one ...
Nov 28, 2014
 
UKs Secy of State for Education Thinks Music Limit’s Students Future

The inclusion of the arts in education has been a matter of debate for a long time now, more so after the comments by the secretary of state for education. Nicky Morgan commented that including arts subjects in the curriculum limits a student’s career options. Morgan’s comments have been met with criticism across the region, terming...
Nov 27, 2014
 
Japan Seeks Support Agency for Boosting Defense Exports

In a move to kill two birds with one stone, Japan is planning on securing government support for pushing its weapon exports and strengthening Prime Minister Shinzo Abe stance on the country’s security issues as China gets aggressive with its military arsenal. To get the wheels rolling, the government will convene an advisory meet ...
Nov 27, 2014
 
Indian Tobacco Companies Get Restrictions on CSR and Ads

Indian tobacco companies are already in the red due to the Indian government banning the sale of loose cigarettes. The flames are set to reach higher as the government intends to put a stop to their goodwill activities involving social outreach. The government has chalked out a new anti-tobacco legislation on Tuesday, which sent cigaret...
Nov 27, 2014
 
Samsung Wins Vietnam Project of US$3 Billion

In an attempt to expand its smartphone production into northern Vietnam, Samsung Electronics has gained a US$3 billion project license. The Vietnamese government has granted the South Korean company the green light to invest US$3 billion so that they can expand the production of their smartphone units in northern Vietnam. The Vi...
Nov 26, 2014
 
Saudi Arabia and Iranian Ministers To Decide Upon Cutting Oil Production

In a meeting between Oil ministers of Iran and Saudi Arabia scheduled to take place this week in Vienna, it is expected that Iranian ministers will try to convince ministers of Saudi Arabia to cut oil production.  The news was reported by Iran’s Mehr news agency on Sunday, citing a TV interview with the country’s oil minister. ...
Nov 26, 2014
 
Lithuania to Extend Military Aid to Ukraine

Ukraine was promised military assistance by the President of Lithuania, Dalia Grybauskaite on Monday. This was soon after she condemned the Russia’s terrorist interference in eastern part of Ukraine in a separatist insurgency.  Grybauskaite, who is a major supporter of Ukraine’s bid for closer and stronger ties with the...
Nov 25, 2014
 
Pioneer Foods Exits Bottling Agreement with PepsiCo, Profit Rises by 35%

The South African Food & Beverage Company, Pioneer Foods, ended its agreement for bottling the beverages of PepsiCo. Inc. in the country. The company stated that its profit increased by 35% as it recovered from a 2013 write-down of its poultry unit that it spun off. The company, in its statement issued on November 24th, 2014, said t...
Nov 25, 2014
 
Telecom Firms in UK Lodge Complain about BT for Monopoly

The biggest telecom service providers in Britain have lodged complaint with media regulator Ofcom seeking bigger and fairer competition in the broadband market. Currently this market is tightly held by monopolistic BT. A point repeatedly said by UK Competitive Telecommunications Associations (UKCTA) is that other telecom provides must b...
Nov 24, 2014
 
Executives from Takata and Five Automakers to Answer the U.S Senate Regarding Faulty Air Bags

The issue of recalls has given the automotive industry a huge blow already. Many automobile giants have paid millions of dollars to people who have suffered from injuries caused due to faulty parts in automobiles and a huge number of cases are in progress. The seriousness of many cases is high, and the number of deaths due to faulty automobile ...
Nov 20, 2014
 
Westminster Tobacco Ban Bill Withdrawn

The past few weeks saw a small town in Westminster fight over the Board of Health’s idea to ban the sale of tobacco products. Had the bill passed, the town would have become the first town in the U.S. to prohibit the retail products of legal nicotine. This includes most tobacco based products including cigarettes, chewing tobacco, cigars,...
Nov 20, 2014
 
British Pharmaceutical Co to Set Up Base in Alabama

With the setting up of the British pharmaceutical company in Birmingham, Alabama, nearly 200 new employment opportunities are expected to be open. The plans for the US$29 million unit was to be announced on Tuesday in the presence of mayor William Bell, governor Robert Bentley, and Jefferson County Commission president Jimmie Stephens. ...
Nov 19, 2014
 
Award Winning Foldable Container, DS Smith, Plastics Division

DS Smith, Plastics Division announced the official launch of its new foldable plastics container. The container is planned to be featured in the upcoming exhibition - Salon de l'Emballage, Paris, France.  DS Smith, Plastics Division has been consistently delivering exclusive folding/unfolding time, reusability, space, and recyclabi...
Nov 19, 2014
 
AT&T Cuts Shared Data Plan by 23%

In face of beginning of the biggest shopping season in the U.S., AT&T Inc. is offering a price cut in its data service plans to lure customers. U.S.’s second largest telecom carrier, AT&T has announced price cut in its 15GB data plan. The data plan will now cost $100 a month. This is AT&T’s second price cut in only two m...
Nov 19, 2014
 
Duke Energy Submits Plans to Excavate Coal Ash to NC DENR

Duke Energy has finally submitted plans to North Carolina Department of Environment and Natural Resources (NC DENR) for making coal ash excavations at the high-priority facilities such as Dan River Steam Station (Eden), Riverbend Steam Station (Mount Holly), Asheville Steam Electric Plant, and L.V. Sutton Steam Electric Plant (Wilmington). As p...
Nov 18, 2014
 
Lockheed Martin to take over South Korea's F-16 Upgrade Program

South Korean officials will soon be approving the plan that will pave the way for Lockheed Martin to take over the F-16 upgrade program. A spokesperson from the Defense Acquisition Program Administration stated that a decision making council will soon be scheduled by November 19th in order to approve this plan of changing the KF-16 partner comp...
Nov 18, 2014
 
MHI Vestas to Build Blades for Largest Offshore Wind Turbines in Southern England

MHI Vestas Offshore Winds has decided that it will manufacture blades for its largest turbines in Isle of Wight, Southern England. This is the first step of the company towards a larger wind energy strategy in England.  MHI Vestas Offshore Winds is a joint venture between Tokyo’s Mitsubhishi Heavy Industries Limited and Denma...
Nov 13, 2014
 
Proximity to Fast-Food Outlets Linked to Obesity, Diabetes

The number of fast-food outlets in proximity of people’s homes can be linked to obesity and diabetes rates in cities – according to a new study conducted in the U.K. The study was conducted on 10,000 people in the United Kingdom and conclusions based on the study found that in socially-deprived and non-white or multi-ethnic ...
Nov 12, 2014
 
Samsung Electronics Invests US$3 billion in a Smartphone Plant at Vietnam

Samsung Electronics, the South Korea-based company has applied for a license for starting production in Vietnam. The electronics manufacturer plans to make an investment of US$3 billion in setting up a second smartphone manufacturing unit in northern Vietnam. The plan is to build the unit in the Thai Nguyen province, where Samsung Electronics h...
Nov 11, 2014
 
Kids Performance at School Depends on Mothers Education: Study

A new study has found a link between a child’s academic performance and his/her mother’s education. The study has found that children of older mothers are more likely to perform better at school compared to children of teenage mothers. The team of scientists at University of Michigan found that depending upon a mother’...
Nov 11, 2014
 
China Puts Additional Effort to Rebound Import of Waste Plastics

As compared to 2013, China’s activity in importing waste plastic products in 2014 has increased, reported a representative of Ministry of Environmental Protection Li Shu’ai. Li was present at the Plastics Recycling Industry - Sino-EU Cooperation Seminar held on October 10, 2014 in Beijing. China imported about 39.23 million ...
Nov 11, 2014
 
China to Undertake Infrastructure Development

China has approved funds worth US$ 113.24 billion for infrastructure projects. This step has been taken by the Chinese government in order to give an economic impetus to the sluggish economy of China. As a measure for dealing with the issue of the slump in real estate investment, the infrastructure projects will primarily encompass the developm...
Nov 10, 2014
 
China Railway to Use Legal Means After Mexico Retracts Deal

China Railway Corp. announced that it would use legal methods to protect its interests after the government of Mexico pulled back a US$4 billion deal with a consortium led by China. A China Railway spokesperson said that the company is highly shocked by the decision made by Mexico. There was complete compliance with the Mexican governme...
Nov 10, 2014
 
Important Four Trends in Indian Telecom Industry in 2015

In the coming next year the biggest trends in the Indian telecom industry are Big Data analytics, Internet of things, Network Functions Virtualization, and Mobile Financial Services. The rising volume of analytics due to excessive use of smartphones, availability of 4G networks, and proliferation of social media is giving an impetus to the big ...
Nov 10, 2014
 
BAE Systems Uses Virtual Reality to Build Royal Navy Fleet

BAE Systems is now making use of 3-D virtual reality technology to allow its engineers to build warships for the Royal Navy in a more efficient and cheap manner. BAE Systems, an aerospace and defence company, intends to use this technology to give its sailors on team and design engineers a chance to walk through the computer-generated vessels t...
Nov 6, 2014
 
M&S Shares Rise While Sales Drop

Marks and Spencer shares have increased by almost 10 percent. This rise is despite the fact that the company is experiencing a quarterly fall in sales, its 13th consecutive one. The company has blamed it on unseasonal conditions in September. The retailer, which is now more than 130 years old, reported that like-for-like general merchan...
Nov 6, 2014
 
Infrastructure Development Contract between USAID and Tetra Tech

A contract worth US$ 650 million has been won by Tetra Tech. Tetra Tech has won this contract with the US Agency for International Development in order to support the betterment of infrastructure in urban areas in the developing and the underdeveloped economies. Tetra Tech is a US based public company that provides services that relate ...
Nov 5, 2014
 
The Planetary Fall Issue Explains the Use of Lasers in Astronomical Observations

Paul Schenk observes and studies the surface geologic histories and features of the outer planets’ icy moons and using vital data and spacecraft imaging methods he also creates maps of the object moons.  Paul is recently working with Cassini images of Saturn’s icy satellites and has found something that is certainly ast...
Nov 5, 2014
 
Xiaomi Announces Plans to invest US$1 billion in Internet TV Market

Xiaomi Technology, a China-based company announced its plans to spend US$1 billion to expand its internet TV content. Xiaomi is the third largest smartphone maker which is now moving towards entering living rooms of its wide customer base. The internet TV market is estimated at US$3 billion. Xiaomi’s booming TV division includes Xiaomi TV...
Nov 4, 2014
 
Pressure Build on New Brunswick Government to Reveal Shale Gas Industry Plan

The pressure on New Brunswick government is increasing by the day to reveal its plan for the shale gas industry. The government needs to reveal its plan about the promised moratorium on fracking. Since the rules of the industry aren’t yet streamlined, the shale industry remains in limbo. It has been a decade since the industry is producin...
Nov 4, 2014
 
Tornier-Wright Medical Deal Signed for US$3.3 Billion

In a deal worth US$3.3 billion, Wright Medical Group Inc. has bought orthopedic-device manufacturer Tornier NV. The all-stock agreement was announced by the two companies on Monday.  Wright is an orthopedic medical device maker headquartered in Memphis, U.S. The company designs and develops reconstructive joint medical devices and ...
Oct 29, 2014
 
Steel Firms Fall Behind to Retail in Industry Ranking

The Sunday release by the China Non-government Enterprise League exhibited statistics of the private-sector steel producers that fell out of the leading 10 positions on 500 private companies list after being affected by the weakening domestic demand.  Shandong Weiqiao Pioneering Group Co Ltd, Legend Holdings Ltd, and Suning Applian...
Oct 29, 2014
 
Tesla Car Owners Exempted of $12,000 License-Plate Fee in Shanghai

In a move to promote adoption of new-energy based vehicles, Shanghai city has decided to exempt Tesla Motors Inc. car owners from paying the usual US$12,000 fee required for earning license plates. Tesla Motors Inc. car owners can now register their cars for free. Already, nearly 400 such individuals have received free license plates in...
Oct 29, 2014
 
Asthma Drugs in Children Can Have Long Term Harmful Effects

After conducting a research study, researchers at the University of Southern Denmark and the University of Copenhagen have concluded that children’s consumption of asthma drugs can have long term and serious unfavorable drug reactions. These risks have not completely been documented in the pre-marketing clinical trials. The latest study h...
Oct 29, 2014
 
Tesla Stocks Bounce Back After Musk Twitter Rebuttal

Elon Musk, the CEO of Tesla Motors, tweeted that sales of their Model S electric car increased by 65 percent in North America in the previous month, successfully reaching a worldwide record high. In quick succession of his tweet, Tesla Motors’ stocks rose by 9.5 percent today, amounting to US$ 242.77. The stock slipped the most on...
Oct 28, 2014
 
FCA Launches Innovative Hub to Support Financial Sector in UK

Financial Conduct Authority (FCA) has initiated an Innovation Hub that will help newly established businesses to introduce financial services and products to the market. The Innovation Hub, a part of the Project Innovate scheme by FCA offers help to businesses to accelerate their plans and deal with regulatory compliance issues their products w...
Oct 28, 2014
 
Scientists Finally Discover How an Antibiotic is Produced in Nature

According to a report in the Nature journal, researchers have identified how a powerful and strong antibiotic agent is created in nature. This research study is expected to open up several research avenues into thousands of molecules of the same type. This will also prove its usefulness in the field of medicine.  This research team...
Oct 27, 2014
 
Chinas Midsize Banks Suffer Constricting Profits Due to Rising Costs and Online Financing Competition

China’s midsize banks are struggling to retain investor’s favors as they are increasingly lagging behind country’s top lenders, and are operating under huge pressures of rising funding costs and competition from online financial organizations.  Margins generated from lending have remained largely constant at large...
Oct 27, 2014
 
Automakers Brainstorm about Selling Online

According to the study published by AutoTrader.com it was found that both, new and used car buyers spend about 75% of their time online to research for a car. The Google stats corroborate this finding further by stating that a user takes about 2.7 months to decide which car to buy. This nature of the buyer has become a challenge for the automot...
Oct 27, 2014
 
WHO to Initiate Ebola Vaccine Trials

The World Health Organization (WHO) recently said that it is striving to speed up the human trials phase for a preventive Ebola Vaccine in West Africa. The announcement was made in a meeting at the WHO Geneva headquarters. The meeting was attended by healthcare executives and medical experts. The trials on humans were previously believe...
Oct 27, 2014
 
Australian Rate Cut due to Weak Jobs and High Aussie Dollar: Goldman Sachs

The Asia-Pacific head of fixed income at Goldman Sachs Asset Management, Philip Moffitt, has underscored the divide between the bond market and economists. He has re-asserted his earlier notion that the Reserve Bank of Australia might be compelled to slash interest rates, despite the tightening U.S. Federal Reserve. The region’s s...
Oct 22, 2014
 
UK Financial Services Sector Struggles with Using Big Data

According to the survey conducted by Opinium, which included around 300 business decision makers in UK, it was found that the Financial Services sector is not using big data to the fullest of its capabilities. This comes as a surprise since the Financial Services sector has always prided itself on seeking technological supremacy, thereb...
Oct 22, 2014
 
Best Western Inaugurates its Third Hotel in Phuket, Thailand

With the opening of the Best Western Patong Beach in Phuket, Thailand, the hotel Best Western has broadly expanded its selection of hotels in Thailand region too.  The hotel is strategically situated less than one kilometer from Patong Beach very close to the heart of Phuket’s prime tourist areas. The hotel is close to the re...
Oct 22, 2014
 
Aspirin May Act as a Catalyst in the Treatment of Schizophrenia

According to latest research studies, anti inflammatory drugs like estrogen and aspirin, and antioxidant Fluimicil can improve and enhance the effectiveness of schizophrenia treatments. Hitherto, it has been stated that strengthening the immune system can aid in treating schizophrenia, however, there has been no concrete evidence suppor...
Oct 22, 2014
 
McDonalds Becomes More Expensive

Americans these days prefer going to food joints like Chili’s, IHOP, and Denny’s rather than McDonalds. The fast food products at McDonalds have become quite expensive as compared to what they have been so far. In fact, the popularity of McDonalds was primarily due to the affordable rates of the food products being offered there. Th...
Oct 21, 2014
 
Purchase of Medical Marijuana Becomes Easier

There’s good news for users of medical marijuana. Though the development currently affects only the Los Angeles area, it is expected to eventually impact the medical marijuana community across the United States. A smartphone app has been developed that enables medicinal pot to be delivered directly to the users’ house. &lsqu...
Oct 21, 2014
 
Canadian Market Sees Capital Auto Re-emergence

In a move of consolidation that is changing the car retailing industry of Canada, Capital Automotive is planning to re-enter the Canadian market. Capital Automotive is a U.S. company that deals in real estate solely for the lands and buildings of automotive dealerships. Capital Automotive was recently taken over by Brookfield Property P...
Oct 21, 2014
 
A New Research Study to Manage the Problem of Battery Overcharge

According to research conducted at the Department of Chemistry, University of Kentucky, batteries can avoid getting overcharged. This as a result, will improve the safety of electronics ranging from mobile phones to aeroplanes. The research group led by Susan Odom primarily focuses on synthesis, testing, and the design of organic compou...
Oct 20, 2014
 
New 64-bit ARM CPU Data Center Platform Selects Mellanox Ethernet Solutions

Leading suppliers called Mellanox® Technologies, Ltd., of end-to-end interconnect and high-performance solutions for storage systems and data center servers announced news for its Ethernet adapters today. ConnectX-3 Pro 10Gb/s is a new line of the company’s Ethernet adapters. It has RoCE integrated on LoM motherboard within the new HP...
Oct 20, 2014
 
Action on Sun Pharma Stepped Up by US Congress

The U.S. legislature is currently heading into the next stage of investigating abnormal increases in drug costs made by 14 pharma companies. The list includes the Indian Dr Reddy’s as well as Sun Pharmaceuticals. The U.S. Congress has already approached Sylvia Burwell, the U.S. health secretary, requesting her to take immediate an...
Oct 20, 2014
 
U.S. Airline Shares Hit After Second Ebola Scare

Fears of the spread of the deadly Ebola virus continues to adversely impact major industries in the U.S., the recent being airline services. Airline stocks took a massive hit and dropped yet again after reports that a second nurse from Texas with the Ebola virus had travelled on a U.S. flight. The shares first tumbled on Monday due to s...
Oct 16, 2014
 
Betterment Wealth Management Receives Platform from Fidelity

As the competition to popularize investment applications intensifies in the global market, industry best tech-savvy wealth management start-up firm has won the commendation of fund manager Fidelity.  Fidelity offers Betterment platform to around 3,000 financial advisers to whom they can offer simple web tools and financial apps to ...
Oct 16, 2014
 
Russia Defense Budget Drops

Russia is being forced to slow down their current major spending drive due to a declining oil price, sanctions from the west and the looming threat of recession. Experts believe it to be a sign of President Vladimir Putin’s aggressive policies might find obstacles in the country’s economic reality. For the first time since 1...
Oct 16, 2014
 
Two Drugs for Idiopathic Pulmonary Fibrosis Win Approval from U.S. FDA

Two new drugs, manufactured by Boehringer Ingelheim GmbH and Roche Holding AG (ROG), have won approval from the U.S. FDA. These drugs are the two medicines introduced in the U.S. market to fight idiopathic pulmonary fibrosis, a deadly lung disease. The FDA stated that Boehringer’s Ofev, chemically known as nintedanib, and Roche&rs...
Oct 16, 2014
 
Mexico Looking to Break America Movil Monopoly in Telecom Sector

Hoping to end the monopoly of America Movil, Mexico has decided to launch its very own mobile network. The Mexico federal government plans to set up and launch the new telecom network by 2018 at least. Currently Carlos Slim’s America Movil dominates the telecom scene in Mexico and the government hopes to encourage more operators to join t...
Oct 15, 2014
 
A Nano-Cocoon Based Drug Delivery System Against Cancer Cells

A special drug delivery system has been developed by a group of biomedical engineering researchers that consists of nanoscale “cocoons” made up of DNA that aim at cancer cells and make the cells absorb the cocoon prior to releasing the anticancer drugs. The researchers belonged to the University of North Carolina and the North Carol...
Oct 15, 2014
 
Chrysler to Recall 184,215 SUVs Due to Faulty Airbags

The world of automotives seems to be in the mood of recalls more than introducing strategies that could increase sales. While the case of recall of millions of General Motors vehicles has not even completed, another well known brand has now joined the recall bandwagon – Fiat’s Chrysler Automobiles.  It has been reported...
Oct 15, 2014
 
Mombasa Coast Hotels Restored Back on the Map

The new theme of the Mombasa Hotel Show at the inaugural is “Getting Back on Track.” The inaugural is due to take place at Wildwaters, Nyali Mombasa within a month’s time.  Mombasa country government has offered investment support for the event that will demonstrate the latest equipment for hotels and restaurants....
Oct 15, 2014
 
American Express Joins with McDonalds USA in Expanding Financial Service

McDonald’s and American Express have announced that they will enable McDonald’s customers who are U.S. Card Members enrolled in the Membership Rewards program, to use the reward points at any McDonald’s outlet. The service will be available at select locations for food and drinks in a McDonald’s restaurant in rea...
Oct 15, 2014
 
Russian Hackers Stole NATO Data For Tracking Ukraine Crisis

News has surfaced about hacking of sensitive documents related with the recent NATO summit,  held at Wales, by Russian hackers. The hackers used a flaw in Microsoft Windows that affects millions of computers, a report by a security agency stated.  The security breach was reportedly a part of a two-year long spying campaign led...
Oct 14, 2014
 
Nestle to Invest Further in Milo, Vietnam

Nestle has plans of expanding the malt beverage factory of Milo in Vietnam, by investing approximately US$ 37 million for its establishment. Nestle firmly believes that market for nutritional drinks in Vietnam holds immense growth potential. The expansion project aims at doubling the productive capacity in the Southeastern part of Vietnam. ...
Oct 14, 2014
 
Nestle to Invest Further in Milo, Vietnam

Nestle has plans of expanding the malt beverage factory of Milo in Vietnam, by investing approximately US$ 37 million for its establishment. Nestle firmly believes that market for nutritional drinks in Vietnam holds immense growth potential. The expansion project aims at doubling the productive capacity in the Southeastern part of Vietnam. ...
Oct 14, 2014
 
Travel Ban Dismissed on Ebola Nations

The U.S. Center for Disease Control and Prevention (CDC) has rejected calls by lawmakers to ban the Ebola-stricken nations from allowing travelers to other countries. They argued that the travelers from the three West African countries where Ebola is most prevalent pose a threat to other nations. A Dallas healthcare worker has been conf...
Oct 14, 2014
 
CCI To Establish A Methanol Manufacturing Plant in New Orleans

Castleton Commodities International, the global commodities merchant will be investing in capital worth US$1.2 billion in establishing a methanol manufacturing plant in the South of New Orleans, along the Mississippi river. The plan is to develop this methanol manufacturing plant in the same 387 acre AMAX Nickel site on the eastern side of the ...
Oct 13, 2014
 
Defense Industry in Michigan Continues to Thrive

Due to its production of military equipment during World War II, Michigan has become famous as the arsenal of democracy. This trend continues to play a large part till today in the state’s economy and adds to America’s overall military prowess. Last year, the state’s defense sector revenue generated around US$3.4 bi...
Oct 13, 2014
 
Drug Residue Could be Possible Pollutant for Wildlife

A seemingly major cause of the new age global crises is the flushing of potent pharmaceutical into the environment. The disposal of human and animal sewage could be more severe than what previous research had shown. Scientists now warn that the global use of drugs that are created to become active at low concentrations, is increasing at a fast ...
Oct 13, 2014
 
EU Analyzes Wind Power to be the Cheapest Form of Energy

A new report published by EU states, onshore wind is much cheaper as compared to coal, nuclear energy, or gas. The cost for onshore wind energy is thoroughly reduced when external agents such as climate change, human toxicity, and quality of air are taken into consideration.  According to the report, the onshore wind costs around E...
Oct 13, 2014
 
Houstons Construction Market Faces Massive Material Shortages

Houston construction industry is facing touch challenges such as increasing cost of building materials and stressed out labor market due to fierce competition and poaching. According to industry experts, these challenges are expected to continue in the near future too. Though the market has 5.4 million square feet of building contracts ...
Oct 9, 2014
 
Samsung Suffers Same Fate as Nokia, BlackBerry

Echoing the demise of once industry leaders Nokia and BlackBerry, Samsung Electronics seems to be facing a similar ending. Samsung’s mobile phone business has reported an abysmal 60% drop in quarterly profits, forcing market experts and analysts to compare it to rivals Nokia and BlackBerry. The South Korean company on Tuesday decl...
Oct 8, 2014
 
Mexican Automakers Maintain Record High

Mexico’s manufacturing expansion plans are bearing fruit, with its auto industry setting a record number of cars and light trucks produced and exported in September. The auto industry continues to be the leading one in Mexico’s current expansion plans. The Mexican Auto Industry Association said on Monday that Mexico produced...
Oct 7, 2014
 
UK Financial Services Recovering Fastest Since Crisis

According to the latest report by CBI, the British financial services industry is recovering and growing at a fast rate ever since the financial crisis first started. Many firms have started reporting profits along with increasing volumes since 2007. The companies providing financial services are confident that they will win new customers in th...
Oct 7, 2014
 
Australias Alpaca Industry Completes the Worlds Largest Shipment Export to China

The Australia Alpaca industry completed its largest shipment ever to export its stock to China. The quality of breeding stock left Australia and reached China in a 10.5 hour long journey.  The export consisted of 525 stud animals’ cargo shipment that was sourced from Victoria and South Australia to China. This export is belie...
Oct 7, 2014
 
Samsung Seeks Refuge in Semiconductor Business, to Invest in New Chip Facility

As its hold in the smartphone market loosens, Samsung Electronics has turned its focus on the semiconductor business. The South Korean IT giant has announced that it will be spending US$14.7 billion on a new chip unit. Samsung is already the leader in the memory chip industry and has stated that the new facility will generate over 150,0...
Oct 6, 2014
 
New Crystallography Technique for Observing the Working of Molecules

Researchers at the University of Leeds have developed a new crystallography technique which is a new way of observe the working of molecules. Crystallography is a technique that is used by researchers to observe the changes that take place within the structure of molecules. A new method of carrying out the time-resolved crystallography has been...
Oct 6, 2014
 
India to be Renewable Energy Superpower: Energy Minister

India’s new Energy Minister proclaims that the country will become a renewables superpower. He said that the current coal-driven energy production will also go through a rapid expansion phase. Regarding the criticism over India’s coal rush and its consequential climate change effects, Piyush Goyal dismissed them, stating the...
Oct 1, 2014
 
Rapamycin to Enhance the Efficacy of Brain Tumor Treatments

Rapamycin is a drug that is taken by patients who have undergone organ transplant. This drug enables their immune systems to accept the newly transplanted organs like the heart and the kidneys. According to latest research studies, Rapamycin could prove to be beneficial to patients suffering from brain tumor by way of giving a boost to the effe...
Oct 1, 2014
 
Alibaba and Tencent to Provide Financial Services

The next battleground for archrivals Alibaba Group Holding and Tencent Holdings is the banking sector. As financial affiliates of both the firms have received approvals from the Chinese authorities to enter the banking sector with opening privately owned banks, both the firms are likely to take plunge with head first at this opportunity. As of ...
Sep 30, 2014
 
Durable Goods Purchases Increased by 2% in August

It is a good sign for the American economy as Americans are spending again. The consumer goods market has once again proposed new products to lure consumers for high purchases. After the financial crisis that took place in 2008, people had heavily cut down on their purchases, as most of them were finding jobs, including full-time jobs. Neverthe...
Sep 30, 2014
 
Tesla Hits Road Block in China

Tesla’s statement to considerably increase sales of its cars in China could prove to be a tougher task than previously imagined. While the company has managed to boost sales in the U.S. with its Model S sedan, the challenges they face in China appear far more complicated. Dan Hsu, a Tesla executive in China, said the company wants...
Sep 30, 2014
 
Barco to Sell its Defense and Aerospace Business to Esterline Corp

Barco NV, the Belgian visual technology company, has announced its decision of selling its defense and aerospace business unit to U.S. organization Esterline Corporation in a deal worth U.S. $190 million.  An official statement from Barco stated that the deal is expected to close in the next three to four months, and that it would ...
Sep 30, 2014
 
MPs Should Back Air Strikes: UK Sec Def

Michael Fallon puts it up to the MPs to “step up” and authorize British air strikes on the militants in the Islamic States. He said it is up to the MPs when the parliament has been recalled to figure out if they are willing and ready to initiate military action against ISIS. Fallon has warned that Britain needs to handle the...
Sep 25, 2014
 
European Train Cos Revamp Train Interiors

Western train manufacturers have begun to fight back their Chinese railway rivals by making their trains more like long-haul planes. The trains are to be equipped with customized carriages and hi-tech seats with embedded tablets. The European train passengers have long-since felt that the comfort factor in trains has been overlooked by ...
Sep 25, 2014
 
Apple Moves to Make its User Data More Private

In a very blunt and brutal remark, Tim Cook stated, Apple does not build its user’s profile using its email content or web browsing habits. He further added that the company handles the user’s information differently as compared to its rivals Google and Facebook. Both these companies use the user’s data for targeted advertisin...
Sep 24, 2014
 
General Motor’s Cadillac to Expand Globally: to Open Headquarters in New York

News has recently surfaced that Hyundai Motor Co, in association with its two sister-companies Kia Motors Corp Hyundai Mobis Co, is about to finalize a land deal in Seoul worth no less than $10 billion. The deal could delay resolution of the recurrently litigious wage talks of Hyundai Motor Co. with its auto workers. A wave of anger see...
Sep 24, 2014
 
Chinese Telecom Cos Get Ready for iPhone 6

Apple’s latest smartphone releases, the iPhone 6 and the iPhone 6 Plus are scheduled to reach the Chinese markets on September 26. Confirmation for received shipments by local telecom companies signals that they are ready to launch the phones when the date arrives. Chunghwa Telecom, Far EasTone Telecommunications Co., Taiwan Mobil...
Sep 24, 2014
 
Epoxy Material Clears USP ISO 10993-5 Specifications and Class VI Tests

The component Epoxy system has the capability of withstanding different sterilization methods that include cold sterilants, EtO, radiation, and more. Master Bond EP21AOLV-2Med is ideally used in the medical device industry in coating, sealing, bonding, and encapsulation applications. Comprised with cytotoxicity and biocompatibility certificatio...
Sep 23, 2014
 
IS Behind Destruction of Heritage Sites: Kerry

U.S. Secretary of State John Kerry has blamed Syrian President Bashar al-Assad and the militant group Islamic State for destroying heritage sites in Syria, terming the act as an ugly, savage, inexplicable, and valueless act of barbarism.  From a meeting focused on the defeat of the IS forces, Kerry broke away and attended a program...
Sep 23, 2014
 
Chinas Wait for Xbox One Extended to Year-End

Microsoft’s Xbox One, which was to be released in China on Tuesday, September 23, will now be out by the end of the year, further delaying the launch. Microsoft has offered no concrete reasons for the delay. A Microsoft spokesperson merely stated that the launch of Xbox One was rescheduled in order to deliver “first-rate gaming and ...
Sep 22, 2014
 
China Travel Advisory Hurts Philippines Airlines

The low-cost Philippines-based carriers are bearing the big brunt of China’s travel warning against the country. However, Philippines is hoping this travel advisory will lift soon and restore business as usual. Marianne Hontiveros, Chairman of AirAsia Zest stated, some flights have had to be suspended due to the travel advisory. H...
Sep 22, 2014
 
Measles Vaccination Program in Northern Syria Claim Lives of Fifteen Children

A vaccination program against measles in northern Syria claimed lives of fifteen children; the program was soon halted. A tragedy of this form could damage the trust of people in health services of the central government in opposition ruled areas.  An investigation was undertaken by a Syrian opposition group for discovering the rea...
Sep 18, 2014
 
Chemical Industry Pushes for a Coherent Regulation

The chemical industry is trying bring in a legislation that will set standards for chemicals that are used into each and every product, right from cellphones to household goods and all the way to plastic water bottles. The industry is pushing this legislation with all its muscle. This will make it tougher for states to enact their respective le...
Sep 17, 2014
 
A New Medicine Developed for Spinal Muscular Atrophy

Spinal Muscular Atrophy is a very common neurodegenerative disease in the US. One in every forty individuals is affected by this disorder which causes muscle weakness over a period of time. A new compound has been developed by the researchers at the University of Missouri. This compound has shown its effectiveness in animal models of this ailme...
Sep 17, 2014
 
ZF Acquires TRW Auto for $13.5 Billion

A deal valued at $13.5 billion has been reached between ZF Friedrichshafen, the German car parts maker and the American TRW Automotive Holdings Corp. The deal includes debt and makes the parent company an automotive supply giant with a total annual sales figure of more than $40 billion. A ZF spokesperson said the deal amounts to more th...
Sep 16, 2014
 
Lanxess Expands its Inorganic Pigments Plant in China

Lanxess is in the process of strengthening its mixing and milling plant to the pigment industrial plant in Ningbo. Lanxess aims to expand its chemicals production plant in China in order to meet the growing requirements for iron oxide pigments across the region.  Laxness, a German based plant specializing in chemicals has decided t...
Sep 16, 2014
 
EU to Undertake Massive Transport Infrastructure Projects

As a measure for improving transport connections, the European Commission has invited bids for infrastructure projects worth € 11.9 billion. This funding package is by far the largest funding of the European Union earmarked for the purpose of transport infrastructure. The member states of the European Union have been asked to submi...
Sep 16, 2014
 
India to Hear US Pharma Patent Issues

In a relatively weaker market, Cipla has managed to rally stocks by 3% up to $10.34, a record high for the pharmaceutical company in the National Stock Exchange (NSE). The latest rally brings the stock for Cipla up by nearly 10% within a span of two days. The stocks rose from a previous $9.46 two days ago. The growth added some relief t...
Sep 15, 2014
 
U.S. FDA Approves Obesity Treatment Pill

The U.S. FDA today approved a new pill for treating obesity, making it only the third drug for obesity treatment approved by the FDA in more than a decade.  Contrave, the pill made by Orexigen Therapeutics Inc, is a combination of Orexigen's formula of naltrexone, designed for the prevention of drug dependence, and bupropion, an an...
Sep 11, 2014
 
Shadow Banking System in China Deleverages

The shadow banking system in China is evidently witnessing a rapid de-leveraging activity. Such a disorderly and rapid reduction will hamper the country’s banking segment. Thus, it becomes important for China to develop a well-regulated financing channel of investment to meet the funding needs in the shadow banking system, reports Austral...
Sep 11, 2014
 
Samsung Makes Entry into Medical Equipment Sector in Australia

Looking to enhance the quality of patient care and diagnostic solutions, Samsung has launched a health and medical equipment division in Australia. Although the tech giant has been in the business of health and technology for nearly three decades, this is the first time Samsung Australia has ventured into the medical equipment sector. Samsung M...
Sep 10, 2014
 
Israel Provides Defense Data on Islamic State to Pentagon - Western Diplomat

If a Western diplomat is to be believed, Israel has provided defense intelligence data against Islamic State in Iraq to U.S as a way to support U.S. led campaign against the terrorist group.  Once the information is relieved of its tag of being Israeli in origin, the information has been shared often by Washington with its Turkish ...
Sep 10, 2014
 
GE’s Appliance Unit to be Acquired by Electrolux

General Electric Co’s 100 year old appliances unit will soon be bought by Electrolux AB for $3.3 billion in cash and the Swedish company Electrolux AB will be at par with US’s market leader, Whirlpool Corp. This being Electrolux’s biggest purchases will bring together brands like Zanussi, Hotpoint and Frigidaire to create a co...
Sep 9, 2014
 
Nordstrom, Inc. Declared Opening of Full-Line Store in Greater Houston Area

Nordstrom Inc. has taken its store a step forward, said an analyst report JWN on Friday. It is a full-line store situated in the greater Houston area.  Initially located in Texas at The Woodlands Mall in The Woodlands, the opening of Nordstrom in Houston marks its second full-line store after The Galleria store, opened in 2003. The...
Sep 9, 2014
 
Signalhorn Declares Metric Capital Partners Private Equity Investment

Signalhorn based in Backnang, Germany announced that the Metric Capital Partners (MCP) has provided the company with some capital. With this amount it will allow Signalhorn to expand its global business operations and venture into new markets. MCP is a European private equity firm.  Signalhorn which is a privately secured compan...
Sep 8, 2014
 
Duke Energy Grabs Atlantic Pipeline Shares

The pipeline business will witness a return of Duke Energy Corp., who will become the co-owner of a natural gas line that is to run between West Virginia and North Carolina. The pipeline will run till the southeast of North Carolina and is worth $5 billion. Duke Energy established its natural gas section in 2007, calling it Spectra Ener...
Sep 3, 2014
 
Women Taking Initiative in Construction Industry

According to the 2013 reports, the construction industry and other related fields had around 7.1 million Americans employed, of which 2.6% were only women. However, The Western Slope is trying to bring a change to this by educating women who are interested in this field of industry.  Lisa Huff is a traffic control supervisor at Gra...
Sep 3, 2014
 
UAE, France to Confirm Spy Satellite Deal

UAE and France are expected to confirm upon their deal on the business regarding the Falcon Eye spy satellites in the coming weeks, while also looking into the trading of 40 fighter jets of the Dassault Rafale series.  A UAE source closely related to the negotiations stated that the discussions about the deal were almost over and t...
Sep 2, 2014
 
Apple partners with MasterCard, Visa and American express to create iPhone Wallet

The new Apple iPhone that will be unveiled on September 9 will feature a near-field communication ship (NFC) that will serve as a mobile wallet. Apple Inc. has been in talks with MasterCard Inc., American Express Co., and Visa Inc. to enable iPhone users to use their smartphones to pay for purchase of goods. While retailers are still he...
Sep 2, 2014
 
Art Display Exhibition Brings Awareness for Marine Conservation

‘My Sea, Your Sea. Keep it Litter Free’ program delivers a very simple but an effective message – to put an end to treating the sea waters like a dump of rubbish.  This movement is supported by an exhibition made out of marine litter art displays set up at Living Coasts situated in Torquay. The Operations Manager ...
Sep 2, 2014
 
Indian Pharma Names form IPEC India

The top pharmaceutical excipients industry names in India have come together to establish the country’s first-ever excipients council, the International Pharmaceutical Excipients Council (IPEC). Ajit Singh from ACG Worldwide and Subodh Priolkar from Colorcon Asia are the founding members of IPEC India. The other founding-member co...
Sep 1, 2014
 
Apple’s Brand New iPad Launch is Expected to be in Early 2015

Suppliers at the Apple Inc. are preparing to create the company’s largest iPad, which can be launched in the market in the first quarter of the coming year. This new iPad will have a screen size of 12.9 inches diagonally. Currently, Apple makes iPad with 7.9 inch displays and 9.7 inch displays. A Californian company called Cuperti...
Aug 28, 2014
 
Valeant and Pershing Square win Bid to Fast-Track Allergan Shareholder Meeting

Valeant Pharmaceuticals International Inc. and Pershing Square Capital Management have won a proposal regarding the rapid proceedings of a proposed shareholder meeting of Allergen Inc., as a part of Valeant Pharmaceutical’s takeover bid worth $54 billion. The proceedings are set to decide whether the support of enough numbers of A...
Aug 28, 2014
 
Improved Diagnosis of Rheumatoid Arthritis due to Biomarker

The diagnosis rheumatoid arthritis may become a little easy for physicians because of a new type of biomarker. Biomarker refers to a certain measurable indicator of a physical/biological condition. According to research, unlike the traditional antibody-serum testing techniques, the identification of blood-serum levels of 14-3-3eta protein, exhi...
Aug 28, 2014
 
Heart Monitor from AliveCor Receives Clearance from FDA

AliveCor Incorporated announced that the United States Food and Drug Administration (USFDA) granted the company clearance for the algorithm use to detect AFib (atrial fibrillation). Atrial fibrillation is the most common type of cardiac arrhythmia. The automated analysis process or algorithm from AliveCor instantly detects if a patient ...
Aug 27, 2014
 
Red Blood Cells Stimulating Hormone May Lead to Brain Preservation in Premature Infants

According to research, a certain hormone that is used for reducing the need for blood transfusion may aid in protecting the brains of premature babies.  According to a pediatrics professor at the University of Geneva, Switzerland, synthetic erythropoietin (EPO) can prove to be helpful in preventing brain damage in premature babies....
Aug 27, 2014
 
Kids in England’s state schools should receive sex education at seven: Liberal Democrats

The Liberal Democrats have states that all state schools should begin conducting lessons on relationships and sex to children from the age of seven. The plan will be included in the Lib Dem election manifesto. The “curriculum for life” class would include “age-appropriate” lessons on sex in order to prepare children for ...
Aug 27, 2014
 
Canada Sets Foot in Medical Devices Industry

With Europe, the U.S. and Asia already established in the $335 billion medical devices industry, Canada is all set to join the race. The federal government has already invested $15 million into a Medical Devices Commercialization Centre, and another $15 million is expected from other partners. The centre, which will be located at the University...
Aug 26, 2014
 
AirAsia Malaysia to Roll Out Flights at $13

To put Malaysia back on track after the country faced two of the biggest tragedies of this year, Malaysian AirAsia plans to offer a mega sale on its ticket fares. Malaysian Airlines has faced a big blow this year due to the devastating events. The Kuala Lampur-based airline is planning to offer a sale on flights between Australia and Ma...
Aug 25, 2014
 
POTRAZ, Zimbabwe Claims Telecoms Tariffs as Outdated

As informed by industry’s regulatory body, rates decided by the telecommunication companies do not reflect the cost of procuring the services.  This issue is based on a recent study by the telecoms services providers based in Zimbabwe regarding overcharging consumers on different products.  However, against this ...
Aug 25, 2014
 
Disney Files Patents for its Drone-related Air Show

Walt Disney Corporation has filed for 3 patents which are related to drone. This could result to an era of aerial movie screen and puppets which are larger-than-life that could appear flying through the sky. Disney Enterprises Incorporated subsidiary suggests that it has proposed for the drone powered air shows which could serve as an a...
Aug 25, 2014
 
New CFO for Mesoblast

Paul Hodgkinson has been welcomed by pharmaceutical company Mesoblast as their new Chief Financial Officer. Mr. Hodgkinson has proven himself by showing a high experience in all financial aspects of the pharmaceutical industry. Between 2011 to 2014, Paul Hodgkinson was the Chief Financial Officer for Novartis ANZ Group, and had full fin...
Aug 25, 2014
 
Sony Executives Puzzled Over High PS4 Sales

Sony’s latest gaming console, the PlayStation 4, has already sold almost 10 million units since its launch in late 2013. The company’s sales executives however, do not know why the console is selling so much. The executives fear that the above-average sales trajectory could spell an early burn and result in large losses in t...
Aug 21, 2014
 
Auto recalls affecting car rental firms across U.S.

Car rental companies across the U.S. have taken a hit as more and more car manufacturers have been recalling units this year. This has caused a shortage of vehicles at car rentals affecting the overall industry in the country.  The latest car rental to be hit is Hertz Global Holdings Inc. Stocks of the company plunged 13% on Wednes...
Aug 21, 2014
 
Botox Injections in Nerves Surrounding Tumor Cells Found to Retard Stomach Cancer Growth in Mice

Botox may have helped millions in looking younger over the years of its inception, but a new research presents a whole new world of opportunities for the drug.  A recent research from the medical center of Columbia University has provided hints at the probable use of Botox in blocking the growth of stomach cancer. The research stud...
Aug 21, 2014
 
Dual Effect of Aspirin

Ibuprofen, aspirin and naproxen are examples of anti-inflammatory nonsteroid medicines which work by destroying cyclooxygenase, an enzyme which aids in the production of prostaglandins, lipid compounds with hormone like characteristics which are connected to ailments such as menstrual cramps, wound sepsis, arthritis and headaches.  ...
Aug 20, 2014
 
BRG Welcomes New Financial Advisors

The Berkeley Research Group, a global strategic advisory and expert services group, has expanded its panel of experts to add three names: John Maher, Wendi Lonnquist, and Jack DeWitt. Each of them possesses deep knowledge and experience on banking and risk management advisory. Walter J. Mix III, a leader at BRG’s Financial Service...
Aug 20, 2014
 
New Regulations Need Bloggers in Russia to Register

Around several thousand bloggers will be required to register if this measure is taken. Roskomnadzor might close down the accounts of bloggers that don’t follow the new regulation. Roskomnadzor has sent Boris Akunin and Eduard Limonov that are known for their opposition to the government according to the daily newspaper Izvestia. ...
Aug 20, 2014
 
Chinese Billionaire Urges Competitors to Bring it on.

Li Shufu, acclaimed billionaire and chairman of Volvo Cars and Chinese automaker Geely Automobiles, has asked the Chinese government to open its doors to more foreign names. He believes it is the best way to stimulate healthy competition. According to sales, the Chinese automotive sector is the largest in the world. Li Shufu says that t...
Aug 19, 2014
 
Setting Up of R&D Center by Snyders-Lance

The establishment of a research and development center in 2013 has led to doubling of revenue earned by Snyder’s-Lance, Inc. in 2014. US’s second largest manufacturer of salty snacks Snyder’s-Lance, Inc. recently observed its first anniversary and has its biggest bakeries in Hanover, Pa. New products have been introduc...
Aug 19, 2014
 
Brent Crude, the International Oil Mark Declines

Brent Crude is one of the major trading classifications related to sweet light crude oil, which serves a major benchmark for global oil purchases. This benchmark declined amid speculation which threatens the Middle East oil supplies easing. In addition, West Texas Intermediate fell in New York. Futures declined by 0.7 percent in...
Aug 18, 2014
 
Japan Looks to Export Defense Equipment to ASEAN Countries

For the first time since Japanese Prime Minister Shinzo Abe decided to ease restrictions on the export of defense equipment in April, the government has planned to hold a conference hoping to pitch arms exports to the Association of Southeast Asian Nations. The conference, which may be held in late September, will be conducted in Tokyo and will...
Aug 18, 2014
 
China Accused Mercedes-Benz for Violating Pricing Rules

China accused the renowned luxury car manufacturers - Mercedes-Benz for manipulating prices and violating the anti-monopoly prices in the after-sales services that took place across the country.  According to some leading reports in the industry, Mercedes was engaged in anti-competitive malpractices while doing business in Jiangsu ...
Aug 18, 2014
 
Affordable SLS 3D Printers to be Launched in the Market

As patents have started expiring for 3D printing technologies, many affordable additive manufacturing is estimated to occur. A good number of stereo lithography machines have been introduced in the market; however, much has not been heard by selective laser sintering (SLS). The SLS technology was first invented by Deckard out of UT Aust...
Aug 14, 2014
 
Manufacturing Witnesses Rise in Mergers and Acquisitions

According to the recent report published by PricewaterhouseCoopers LLP, the incidents of mergers and acquisitions are on the rise in the manufacturing industry. The report further states, the value of industrial manufacturing in the second quarter of 2014 reached $60.5 billion as compared to $9.9 billion in the same period last year. U.S. Indus...
Aug 14, 2014
 
Financial Services for Marijuana Businesses

Following the Federal regulations that started allowing banks to work with marijuana-related businesses, more and more banks are beginning to provide financial options to them. About 105 banks and credit unions have begun supporting local licensed marijuana-related businesses. The banks are spread out across one-third of the United Stat...
Aug 13, 2014
 
No Connection between Osteoporosis Drugs and Lower Incidence of Breast Cancer

According to research carried out at UC San Francisco, it was concluded that as against the popular thought, women can’t be protected from breast cancer by consuming osteoporosis drugs. It was earlier observed that women who took osteoporosis drugs were less likely to contract breast cancer.  However, through clinical trials ...
Aug 13, 2014
 
Mexico Projected as the Largest Poultry Importer by Next Year : USDA

The United States Department of Agriculture (USDA) projected that next year Mexico will be seen as the largest poultry importer across the globe. It will surpass Japan too.  According to the Mexico National Union of Poultry Farmers (UNA), Mexico ranks as the sixth largest poultry meat producer in the world. In 2013, Mexico was esti...
Aug 13, 2014
 
Sanofi to sign $925 million deal with MannKind Corp for inhaled insulin

Looking to find an alternative option to daily injections for patients suffering from diabetes, French drugmaker Sanofi is counting on inhaled insulin and has decided to sign an agreement with California-based biopharmaceutical company MannKind Corporation. The $925 million deal is Sanofi’s latest move to explore new ways to treat diabete...
Aug 12, 2014
 
2013 Medtech Jobs Scenario Showed Accelerated Hiring Activity

In 2013, the medtech jobs scenario looked encouraging, with considerable hiring activity from the top 15 medical device manufacturers, the latest EP Vantage report states. These companies reportedly increased their overall workforce by 6% (this figure does not include pharmaceutical spinoffs), according to the report.  Baxter Inter...
Aug 12, 2014
 
South Korean Firms Halt Construction Activities at Libyan Power Plant Amid Security Concerns

South Korean construction groups Hyundai and Doosan have halted the construction of power plant in the town of Sirte, Libya, due to security reasons. The plant was meant to be of 1,400 megawatt capacity.  The managing director of the plant and a spokesperson from the town council stated its decision to do so in accordance with Sout...
Aug 12, 2014
 
Footwear Giants Aim for Vietnam Footwear Industry

The domestic footwear and leather industry in Bernama is showing positive results in the market, says Vietnam News Agency (VNA). Many giant footwear manufacturers such as Puma, Adidas, and Nike have placed orders to different Vietnamese firms, instead of having their stock readied from Bangladesh and China.  Do Thang Hai, th...
Aug 12, 2014
 
Sun Pharmaceutical to Open into Japanese Market with Daiichi Sankyo

Sun Pharmaceutical is on the verge of taking over the Ranbaxy Laboratory from Daiichi Sankyo. They plan to use this acquisition to gain entry in to the Japanese pharmaceutical market. The medicine industry’s giant will be able to crack into the Japanese market three to four years after their deal with Ranbaxy closes. Sun Pharma re...
Aug 11, 2014
 
Mahindra and Mahindra reports a marginal growth

The positive growth of 50-basis points (bps) for Mahindra and Mahindra for the June quarter might not be a big reason celebrate, but it surely is worth a mention. This result when compared to its last year’s 8% lower sales and poor farm equipment sales, seems like a good one. The minor improvement in operating margin to 14.3% and 5% incre...
Aug 11, 2014
 
Sale of HKEx-Shanghai Stocks Control Displays Mainland Rules Apply

Traders that want to sell their shares which are listed in Shanghai need to transfer their securities to a broker to comply with the Chinese regulations, according to Charles Li the CEO at Hong Kong Exchanges and Clearing Limited. Investors that are using the Shanghai- Hong Kong exchange link for accessing China’s USD 3.6 trillion...
Aug 11, 2014
 
Lenovo Announces September Release for Vibe Z2 Pro

The Chinese firm Lenovo has announced to launch their new smartphone, the Vibe Z2 Pro, in the UAE and Saudi Arabia in September. Lenovo’s new release will be in direct competition with the flagship devices of other companies such as Samsung’s Galaxy Note 3, Sony’s Xperia Z2, and LG’s G3. The Vibe Z2 Pro c...
Aug 7, 2014
 
Mismatch between Demand and Supply will Prevail in the Cement Industry

Chairman Kumar Mangalam Birla stated that, over the long-term the growth of cement demand will move up to double digits and the factors driving this growth will be the increasing housing and infrastructure activities. Mr. Birla addressed shareholders at the company’s 14th AGM and said that during the period of 2013 – 2014, t...
Aug 7, 2014
 
Westpac Developed a Unique Banking App

Westpac has developed a banking app that uses improved reality for account management. This app is an interactive platform that helps users make payments, find the closest branch or ATM, and categorize the spending appropriately. All that needs to be done is slide a debit or credit card in front of a phone’s camera and witness the visual ...
Aug 7, 2014
 
SFX and MasterCard Partner up to Improve the EDM Culture

Media conglomerate SFX Entertainment has made an effort to become the biggest name in the Electronic Dance Music (EDM) culture; they have partnered with MasterCard to create an exclusive platform for its users. SFX Entertainment has mostly focused on EDM, and plans to build an easier way for fans of this music category to access their s...
Aug 6, 2014
 
iPhone 6 to be announced by September 9, 2014

In line with the history of September launches, Apple plans to hold an event for its iPhone 6 on September 9. Previously too, the telecom maker launched its iPhone 5c and iPhone 5s on September 10, 2013, and iPhone 5 in September again the year before that.  This move comes with the intent to hike up the September revenue. This eve...
Aug 6, 2014
 
Pfizer in a US$635 million Deal to Acquire Baxters Vaccines Portfolio

Pfizer Inc. has signed an agreement that will help the pharmaceuticals behemoth to acquire the marketed vaccines portfolio of Baxter International Inc. The deal, worth US$ 635 million, will also see Pfizer acquiring a part of the manufacturing unit in Orth, Austria where Baxter produces these vaccines. Baxter has built an impressive por...
Aug 5, 2014
 
Zenith Energy bags USD 600 million investments from Warburg Pincus LLC

Houston-based Zenith Energy is setting up operations with an investment of USD 600 million from Warburg Pincus LLC, a New York-based global private equity firm. The upcoming energy setup will be led by Jeffrey Armstrong, who, until recently, was heading corporate strategy at Kinder Morgan Inc., another Houston-based firm. Managing Direc...
Aug 5, 2014
 
Indian Scout - Reintroduced

The Indian motorcycle brand, Indian Scout which had become defunct has again been introduced in the market. It is now ready to diversify by introducing an inexpensive and a smaller version of the motorcycle. During the yearly held motorcycle rally in Sturgis, Polaris Industries unfurled the “Scout”. The price of this Indian ...
Aug 4, 2014
 
New Mobile Application, Phantom, Allows Stricter Control Sharing Content Online

Phantom, a new mobile application, could soon change the way people share and view photos and videos. This new application, available on Android and iOS, allows people to post ‘self-destructing’ photos and videos to social media sites (such as Facebook and Twitter) and blogs. This application provides users more control over how the...
Aug 4, 2014
 
Automobile industry shows growth

Automobile manufacturers drove the hiring activity in top gear for the month of July. Generally this is during this time frame automakers shut shop to retool for the models to be made in the next year. But, the sector added about 14,600 jobs. This is the strongest hiring seen since November 2013. It is tantamount to more than half of wh...
Aug 4, 2014
 
Medical tourism working out well for Malaysia

Malaysia has always been a tourist destination, attracting huge crowds on account of its malls and beaches. But visitors have a new reason to go to this Southeast Asian country. Malaysia is now being branded as a nation offering the best and most affordable healthcare. Although fairly new in the market, Malaysia is already eyeing the world&rsqu...
Jul 31, 2014
 
Instagram Develops A New Photo App

Snapchat-style Bolt app is the current new development by Instagram that enables users to send photographs that automatically get deleted after being viewed by the receivers. This app is currently available in South Africa, New Zealand and Singapore. It has however, been criticized by a small tech start-up firm also by the name of “Bo...
Jul 31, 2014
 
Ford To Replace Blackberrys With Iphones For Corporate Use

Ford Motor Co. has decided to ditch BlackBerry smartphones for Apple’s iPhones for corporate use to their employees across the globe. The decision works in favor of Apple Inc. who had recently announced its plans to expand its corporate customer base.  The second largest automaker in the U.S. will provide iPhones to 3,300 emp...
Jul 30, 2014
 
Job Cuts at JP Morgan, Salary Hike at Morgan Stanley

What caused an upbeat start for a group of young bankers at a leading US bank resulted in job cuts at another.  Inside sources claim that Morgan Stanley, one of the leading US banks is all set to reward its junior bankers with salary hikes of at least 25%. JP Morgan on the other hand, another major bank of the US, is on the verge o...
Jul 30, 2014
 
U.S. anti-dumping tariffs hit Chinas solar energy market

United States has imposed new set of import duties on the solar energy market of China. This move comes after U.S. realized that Chinese Commerce Department selling the imported solar cells and panels at cheaper prices in U.S market was hurting the western producers. This means that tariffs imposed on the China made solar products would...
Jul 29, 2014
 
Australian Manufacturers Group Amid Rising Concerns Over Burgeoning Gas Exports

Australian manufacturers are requesting the government to intervene in the matter of the rapid growth of gas export industry following the release of a report that predicts that rise in gas prices could result in a loss of nearly 120 billion dollars due to manufacturing production losses by 2021.   The report named, Deloitte Access...
Jul 28, 2014
 
Malaysias Reach Energy Bhd. is attracting investors from around the world

Investors from around the world such as Norway’s sovereign wealth fund worth USD 890 billion has been attracted by Malaysian Reach Energy Bhd. in an initial public offering to fund their acquisitions of gas and oil fields. The largest sovereign wealth fund in the world, the Norges Bank Investment Management and Malaysian pilgrim f...
Jul 24, 2014
 
Facebook now worth USD 190 billion, on par with IBM Corp

Thanks to Facebook Inc.’s increased mobile advertising business, the company’s revenue went up 61% during the second quarter, surpassing Wall Street’s financial targets. Share value also jumped to a record-high in afterhours trading. The No.1 social networking site saw a widening of profit margins and the interest from users a...
Jul 24, 2014
 
Financial services sector to raise headcounts

As the developed markets are gaining momentum, CEOs of financial services across the globe are intent on recruiting up to 5% in this year. This new comes after a report published by PwC on studying the growth of the global economy. The financial services sector plans to recruit employees from diverse backgrounds such as from the governm...
Jul 24, 2014
 
RTS,S to be the worlds first vaccine against malaria, developed by GSK

British drug maker GlaxoSmithKline, aims at coming up with a vaccine against malaria specially developed for children in Africa. For this, GSK has applied for consent from regulatory authorities. The vaccine is known as RTS,S which is meant to be used outside of the European Union even though its evaluation is to be carried out by the European ...
Jul 24, 2014
 
Consumption of High-fat Foods May Lead to Loss of Sense of Smell

A new study has established an association between high-fat diet and its effects on the structural and functional changes occurring in the olfactory system of our bodies. The research has been undertaken by neuroscientists at the Florida State University to understand the effect of diet on human senses and functions that are not generally consi...
Jul 24, 2014
 
FDA warns about using drugs by Compounding Pharmacy, especially on Sovaldi

The Food and Drug Administration has passed its third warning in 15 months against the use of certain drugs produced by a Dallas compounder. FDA objects to the drugs manufactured by Recalcitrant Compounding Pharmacy because the medicines may be contaminated and may pose threat to the healthcare consumers and providers. The current tussle betwee...
Jul 23, 2014
 
Murdoch Could Benefit from the Fox-Time Warner Deal

The move of Rupert Murdoch buying Time Warner will help the company Twenty-First Century Fox chairman to make larger inroads in China, which is the fastest growing economy in the world and targeted by media moguls currently. The board of Time Warner rejected Murdoch’s USD 80 billion offer, however, the Fox chairman is expected to ...
Jul 23, 2014
 
Eating Beef More Costly To Environment Than Any Other Animal-Derived Food

Reducing greenhouse gas emissions may actually be easier than before. Eating less beef has been proven by scientists to cut carbon emissions. The environmental costs of producing beef are extremely high. While the production of dairy, pork, eggs and poultry are also alarming, nothing compares to beef. Eating beef leads not just to increase in g...
Jul 23, 2014
 
Anti-Cancer Drug Helps Expose Hidden HIV Cells: Study

In what could be termed as a major breakthrough in the fight against HIV, researchers have discovered that a particular anti-cancer drug activates and exposes hidden HIV cells. The drug romidepsin activates the HIV cells into readably detectable levels in the blood where it can be attacked by the immune system. Researchers studied six HIV...
Jul 23, 2014
 
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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