Companies | Ideals

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

South Korea's parliament passed a bill on Tuesday to ban the consumption and sale of dog meat, outlawing the contentious centuries-old practice amid increased support for animal welfare. ...

The Two Priciest Cities In The World Are Singapore And Zurich

The Economist Intelligence Unit (EIU) has announced that Singapore and Zurich were tied for the most expensive cities in the world this year, followed by Geneva, New York, and Hong Kong....

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

The more than a decade-long history of cryptocurrency has clearly demonstrated that the world is keen on the new form of money. The crypto frenzy has even prompted leading central banks to work on...

Nestlé Ousts CEO Laurent Freixe; Board Names Philipp Navratil as Steward for Renewal

Trump’s World Liberty’s WLFI Slumps on Debut Amid Unlock, Selling Pressure and Regulatory Scrutiny

Companies

Alphabet Earning Beats Market Expectations Lifting Shares

A big bottom line of Google parent Alphabet which comfortably beat market estimates saw its shares surging after the company reported good second quarter results. The company reported adjusted earnings per share at $11.75 compared to market expectations of $9.59 while it reported revenues...

Biogen Announces Good Results In Its Experimental Trial For Alzheimer’s Treatment

The shares of Biogen Inc. – a pharma company, saw a surge of 20 per cent in a single day following the revelation of results of its experimental drugs indicated that the treatment could slow the progression of Alzheimer’s. These very drugs of the company had shown disappointing results in...

Following Lynchings In India, Message Forwarding To Be Restricted By WhatsApp

As a measure to prevent the viral spread of hate messages and misinformation, users of Facebook-owned messaging service WhatsApp would only be able to forward messages to 20 people at a time. The new limitation of the messaging app would be even stricter in India where there has been...

Genesis From Hyundai Is The Best New Car, Of Which Very Few Are Aware About

A still-obscure luxury brand that is also young is Genesis which has a complicated history an the brand is passing through a period of very significant change currently. The widely praised 2019 mid-sized G70 – another upscale model from the stable of the Korean carmaker Hyundai is set to...

Medical Cannabis Clinics And Alberta Retail License To Be Acquired By Invictus

Alberta. Canada, based Clinic and Retail Co - a medical clinic and cannabis retail company would be acquired by Invictus MD Strategies Corp pending final review approval of the deal as well as issuance of a cannabis license by the Alberta Gaming and Liquor Commission, announced Invictus....

Tampering Of Product Quality Data Results In Indictment For Japan’s Kobe Steel

Based on suspicion that Kobe Steel Ltd. had violated an unfair competition law with regards to falsification of data about the quality of products exported and distributed domestically, the company has been indicted by Japanese prosecutors. According to prosecutors, the company – the...

Very Good Quarterly Results Sees Microsoft Go Past $800 Billion

Following another quarter of high returns driven by its software business and Azure cloud computing services, the shares of Microsoft Corp were set to open at a record high on Friday. There was a 4 per cent increase in the shares of the company in trading before the bell to touch $108.50...

72% Drop In Profits For UK Sports Retailer Sports Direct

Following a £85m hit on an investment made in Debenhams, the struggling UK based department store chain, there has been a dip of nearly three quarters in the profit of the UK retailer Sports Direct. There was 72.5% drop in pre-tax profits of the sportswear retailer that was founded...

Volkswagen Reports Record Revenues For First Half Of 2018

The Volkswagen Group reported its highest sale ever on record for the company for the first half of the year as the Wolfsburg-based carmaker saw its global sales rise significantly. Between January and June 2018, the Volkswagen Group noted an increase of 7.1 per cent compared to the...

Airbnb Pricing Policy Targeted By EU, Issues Warning To The Company

Airbnb has been given a time per4iod of until the end of Summer by the European Commission to stop a number of its practices as the company has bene found to in violation of EU law. The practices include application of belated additional fees to promoted prices displayed by it online. The...

Higher Pharma Unit Sale Helps Johnson & Johnson Beat Expectations In Second Quarter

Higher sales of rare-disease treatments derived by the company following the acquisition of Actelion and cancer drugs Zytiga and Darzalex propelled the quarterly profit and revenue of Johnson & Johnson to leave behind the market expectations as it reported its results on Tuesday. There...

'Potential For Abuse' Of Face Recognition Tech Needs Rules For Governing it: Microsoft

A call to the US governments for controlling the use of facial recognition technology has been given by Microsoft and has demanded that laws be framed for its acceptable usage. Microsoft president Brad Smith urged the US government to set up a congressional bipartisan “expert commission”...