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Lifestyle

10 Steps To Reduce Cancer Risk Suggested By Global Experts In A Cancer Prevention Report

10 Steps To Reduce Cancer Risk Suggested By Global Experts In A Cancer Prevention Report
The vital relationship between cancer diagnoses and diet, physical activity and weight were confirmed in a new study that examined the lifestyle factors that could prevent cancer. The study was...

Child Health Fears In UK Gives Rise To Calls For Ban On Coca-Cola's Christmas Truck Tour

Child Health Fears In UK Gives Rise To Calls For Ban On Coca-Cola's Christmas Truck Tour
Sugar allegedly plays an important role in rotting of teeth in children and their obesity, according to the NHS in the UK, and this is the reason that the UK health agency has appealed to local...

Tesla provide Ludicrous Mode retrofit to P90D owners

Tesla provide Ludicrous Mode retrofit to P90D owners
Somehow the car doesn’t feel fast enough without the upgrade. When Tesla introduced Model S P90D that superseded the P85D, owners of the P85D no longer had the best performance version of the...
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New Panel In Nissan Presses Ahead With Governance Reforms In Company

China Pledges To Curb Market-Distorting Subsidies Without Details: Reuters

PepsiCo Issues Earnings Warning For 2019 Due To More Planned Investments

Qatar Football World Cup Targeted By The Country To Create A Sports Sector Worth $20 Billion

Airbus To Stop Manufacturing A380 Superjumbo From 2021

Bankruptcy Filed By J&J Talc Supplier Over Court Cases Over Lawsuits

Huawei Founder Says CFO Arrest Was Politically Motivated

Honda’s UK Car Unit To Be Closed, 3000 To Be Jobless: Reports

Nissan & Japanese Prosecutors Targeted By New Lawyer Of Carlos Ghosn

Record Fine Of €3.7 Billion For Tax Fraud Imposed On UBS By French Court

Latest News

Record Fine Of €3.7 Billion For Tax Fraud Imposed On UBS By French Court

Nissan & Japanese Prosecutors Targeted By New Lawyer Of Carlos Ghosn

Reader's Pick

Ford To Focus On Doubling Profits In 2019, Its CEO Tells Employees 01/25/2019

Holiday Quarter Sale Revenue Of Apple Drops By 15 Per Cent 01/31/2019

'Plot' To Stop Renault-Nissan Integration Put Him In Jail, Ghosn Tells Nikkei 01/31/2019

MoneyGram Considering Strategic Options Including Sale: Reuters 01/27/2019

Immediate Need For Government Regulations Over Face Recognition Technology: Microsoft CEO 01/25/2019

Latest Business News
Record Fine Of €3.7 Billion For Tax Fraud Imposed On UBS By French Court

Record Fine Of €3.7 Billion For Tax Fraud Imposed On UBS By French Court

Companies

A record fine for France was announced by a Paris court against Swiss banking giant UBS. The fine amounted to 3.7 billion euros or $4.2 billion and is a landmark in tax fraud related fines in the country.   The conviction of the largest bank of Switzerland was based on the court finding true that allegations that the bank had been engaged in illegally helping out its wealthy French clients...
Honda’s UK Car Unit To Be Closed, 3000 To Be Jobless: Reports

Honda’s UK Car Unit To Be Closed, 3000 To Be Jobless: Reports

Companies

The manufacturing unit of the Japanese auto manufacturer Honda in Swindon, England would be closed down resulting in job losses for about 3000 employees, the company is set to announce.   According to a report by the Press Association quoting workers at the Wiltshire factory, the possible announcement has left them "devastated". It is expected that the Japanese company would make the...
Huawei Founder Says CFO Arrest Was Politically Motivated

Huawei Founder Says CFO Arrest Was Politically Motivated

Companies

There was political motivation behind the arrest of Chief Financial Officer of Chinese tech firm Huawei Meng Wanzhoum said the founder of the company Ren Zhengfei on in an interview of the BBC on Monday.  V is also the daughter of the founder.   "Firstly, I object to what the US has done. This kind of politically motivated act is not acceptable," Ren said.   Meng was arrested...
New Panel In Nissan Presses Ahead With Governance Reforms In Company

New Panel In Nissan Presses Ahead With Governance Reforms In Company

Companies

According to reports in the media, even as the French government is attempting to maintaining a strong hand in the Japanese auto maker Nissan, the Japanese firm is investigating the possibilities for implementing governance reforms and has appointed a special panel to help the company to draw out a strategy to run the company following the exit of its ousted Chairman Carlos Ghosn.   In its...
Qatar Football World Cup Targeted By The Country To Create A Sports Sector Worth $20 Billion

Qatar Football World Cup Targeted By The Country To Create A Sports Sector Worth $20 Billion

Markets

Making use of the upcoming 2022 World Cup, the authorities in Qatar want to create a large sports sector in the country by attracting more sports companies to the Gulf state and aims to create an industry worth about US$20 billion according to media reports quoting officials from the country.     According to Yousuf Al-Jaida, the CEO of the Qatar Financial Center (QFC), in charge of...
China Pledges To Curb Market-Distorting Subsidies Without Details: Reuters

China Pledges To Curb Market-Distorting Subsidies Without Details: Reuters

Markets

Those subsidies to its domestic industries that allegedly distort the market would be stopped by China, said the second largest economy of the world according to a report published by Reuters. The report, based on information gathered from three people familiar with the U.S.-China trade talks in Beijing this week, however did not provide nay details about how that would be done.  ...
PepsiCo Issues Earnings Warning For 2019 Due To More Planned Investments

PepsiCo Issues Earnings Warning For 2019 Due To More Planned Investments

Companies

PepsiCo Inc issued a warning for its 2019 earnings in its forecast for the year while announcing its fourth quarter results which were largely according to expectations of analysts. One of the largest coverage companies of the world said there would be a drop in 2019 earnings because of more investments being planned by the company in some of its most important and successful products.  ...
Bankruptcy Filed By J&J Talc Supplier Over Court Cases Over Lawsuits

Bankruptcy Filed By J&J Talc Supplier Over Court Cases Over Lawsuits

Companies

The multibillion-dollar lawsuits against Johnson & Johnson’s baby powder alleging that the product was the cause of ovarian cancer asbestos-related mesothelioma has resulted in one of the important suppliers of the product filing for Chapter 11 bankruptcy this week.   According to a statement issued by the supplier, Imerys Talc America which is a U.S. based subsidiary of French group...
Airbus To Stop Manufacturing A380 Superjumbo From 2021

Airbus To Stop Manufacturing A380 Superjumbo From 2021

Companies

The A380 superjumbo would no longer be freshly manufactured by Europe's Airbus, the plane maker announced on Thursday. This also marks an end to the dream of the company of being able to be a leader in the market in the 21st century with its cruiseliners and put an end to multiple years of lacklustre sales.   Designed as a rival for Boeing's legendary 747, Airbus’s A380 is the largest...
McKesson Warned By US FDA Over Illegitimate Product Distribution

McKesson Warned By US FDA Over Illegitimate Product Distribution

Companies

San Francisco-based McKesson has been warned against distribution of illegitimate drugs to pharmacies by the US Food and Drug Administration (FDA) under the Drug Supply Chain Security Act (DSCSA) in a strongly worded letter to the company.    The FDA had notified McKesson in September and October of 2016 that the company had distributed illegitimate products to three separate Rite Aid...
Reebok’s Russian Advert Creates A Huge Controversy

Reebok’s Russian Advert Creates A Huge Controversy

Companies

A line in an advertisement by sportswear company Reebok in Russia has created a huge controversy. The line when translated reads thus: “Sit not on the needle of men’s approval – sit on men’s face.”   This line was posted in the Instagram account of the company but was later deleted a few hours later as a controversy started to brew. A large number of social media users were outrage at the...
First Hyperloop For Cargo In India To Be Launched By A Large Port Operator

First Hyperloop For Cargo In India To Be Launched By A Large Port Operator

Innovation

The first hyperloop project of one of the largest port operators of the world - DP World, would be launched in India according to the chairman of the company.    An agreement for partnership was signed with Virgin Hyperloop One by DP World, which is owned by the UAE government last year for development of a cargo transporter. And now reports say that the first project of the companies...

World

New Draft Law In China For IP Right Protection & Banning Forced Tech Transfer

New Draft Law In China For IP Right Protection & Banning Forced Tech Transfer
China is set to address one of the key demands on trade by the United States – which was one of the reasons for the trade war, by accelerating a lawmaking process that would draft a new legislation...

Trade War Main Risk In Next 6 Months For Asian Businesses: New Survey

Trade War Main Risk In Next 6 Months For Asian Businesses: New Survey
A Thomson Reuters/INSEAD survey noted a very cautious optimism within Asian companies for the last quarter of the current year as they closely watch the outcome of the trade negotiations between the...

South Korea Trying To Insulate Itself From US-China Trade War

South Korea Trying To Insulate Itself From US-China Trade War
Despite the temporary 90 day truce, the ongoing trade war between the United States and China has created a sense of uneasiness and uncertainty among Asian nations.     South Korea is one...

Study Blames Global Warming For Vanishing Snow In Switzerland

Study Blames Global Warming For Vanishing Snow In Switzerland
According to a report from the University of Geneva which was based on a study that made use of a new tool called the Swiss Data Cube that global warming could probably be the reason for the...

Brexit Anticipation Forces Away Medicine Assessment Contracts From UK

Brexit Anticipation Forces Away Medicine Assessment Contracts From UK
According to reports, there has been a collapse of the leadership role of the United Kingdom in evaluating new medicines that for sale in the rest of Europe as now more new work is coming its way....

People

Nissan & Japanese Prosecutors Targeted By New Lawyer Of Carlos Ghosn

Nissan & Japanese Prosecutors Targeted By New Lawyer Of Carlos Ghosn
The charges that were brought against the dismissed Nissan chairman Carlos Ghosn by the Japanese auto maker were termed as an internal company matter by the new lawyer of Ghoisn as the car maker,...

'Plot' To Stop Renault-Nissan Integration Put Him In Jail, Ghosn Tells Nikkei

'Plot' To Stop Renault-Nissan Integration Put Him In Jail, Ghosn Tells Nikkei
A group of Nissan executives had created a "plot and treason" against the former chairman of the company Carlos Ghosn byt those who were against his plans of closer integration between Nissan and...

A New World War Could Result Form Of Fight For Technology, Says Alibaba's Jack Ma

A New World War Could Result Form Of Fight For Technology, Says Alibaba's Jack Ma
A third world war could result because of a fight for technology, warned Chinese billionaire and Alibaba founder Jack Ma. History has shown that global conflicts take place primarily because of...

Carlos Ghosn Appears In Japan Court, Pleads Not Guilty

Carlos Ghosn Appears In Japan Court, Pleads Not Guilty
In his first appearance in a Japanese court after nearly 50 days behind bars, former Nissan Motor Co. Chairman Carlos Ghosn denied all allegations brought against him by the car maker of financial...

Signature Of Former Nissan Chairman Ghosn & A Nissan Official Found In Deferred Pay Paper

Signature Of Former Nissan Chairman Ghosn & A Nissan Official Found In Deferred Pay Paper
According to a report published in the Japanese newspaper The Asahi Simbunm, the signature of former Nissan Chairman Carlos Ghosn and that of a senior official at the company’s secretary’s office can...

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