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Latest Industry News

Biologists Examine Damage to Water and Wildlife Caused by California Oil Leak
Environmentalists are scurrying to inspect the damage caused by the broken oil pipeline that spilled crude into the sea waters off the California coast, two days ago. The environmentalists are trying to measure the extent of contamination on the approximately nine miles of ocean that is abundant wit
Published Date: May 22
Preschools in China Signs Partnership Deals with Chicago-Based Institute to Learn Their Techniques
Education in several nations is often considered as a model for the U.S. schools to adopt and follow. However, for the next five years span, the early-childhood educators will be going for visits some preschools in Chicago, to understand, how the U.S. offers high-quality preschool education. 
Published Date: May 22
Use Tray Typer in KFC and Avoid Greasy Fingers When You Use Your Smartphone
KFC the chicken franchise fast food chain has a new marketing strategy. Customers can now leave the store with their Smartphone that have no grease from the chicken they have eaten at the store!  The technological breakthrough involves an ultra slim, wireless keyboard with an in-built Blueto
Published Date: May 21
Restrictions of Hazardous Substances for Electronic Manufacturers Proposed in China
If your business involves manufacture of electronics or electrical parts, components, or products or you manage or oversee Chinese design or manufacturing suppliers for electronic or electrical products, you are required to observe the regulations “Restriction of Hazardous Substance (RoHS). Yo
Published Date: May 21
Chinese Manufacturing Gauge Stays Languid Due to Factory Slowdown
A gauge of Chinese manufacturing stays languid in May, underscoring the tepid reaction to government endeavors to pad a stoppage on the planet's second-biggest economy. The preparatory Purchasing Managers' Index from HSBC Holdings and Markit Economics was at 49.1, missing the middle assessment of 49
Published Date: May 21
Bega Cheese to Broaden Manufacturing Regardless of Profit Downgrade
The Federal Government declared it would contribute $5 million to construct a $20 million small scale supplement plant in Bega, New South Wales. However this came as the organization was compelled to minimize their entire year income from the already declared $25-28 million territory to $21-24 milli
Published Date: May 21
Harloff Manufacturing Co. gains $158,000 of state grant to aide in $1 million expansion at Paw Paw
Harloff Manufacturing Co. LLC, of Paw, hopes to put about $1 million in the region and include 38 occupations with the assistance of a state gift declared Wednesday. It has been granted a $158,000 Michigan Business Development Program execution based grant.  As per in the Michigan Economic D
Published Date: May 21
Picasolar Expanding with its New Facility to Commercialize its Solar Cell Technology
Picasolar is a start up firm which is affiliated with the University of Arkansas. This firm has dedicated its new headquarters at the Arkansas Research and Technology Park, was announced on Wednesday. This facility will be 2,300 square foot area located in the Enterprise Center. The company Picas
Published Date: May 21
Innovative Bio-refinery Using Timber Waste
The firm Pallman Group is the one of the largest manufacturers of new size reduction technology in the world. This company has joined hands with Standard Bio, which is an expert firm in the novel biomass conversations technologies. Together they are to develop an innovative biorefinery concept that
Published Date: May 21
State Grid Corp. of China Enters a Deal with Brazil’s Electricity Industry
One of the largest infrastructure projects in the history of China has been signed. This agreement was signed between the Brazil’s utility and the State Grid Corporation of China in order to build high voltage featuring transmission lines for the Belo Monte hydro-electric dam. This project
Published Date: May 21
Computer Sciences Corporation to Partition in Two, Expound US Public Sector Work
IT services vendor Computer Sciences Corp. (CSC) decision to partition its $4.1 billion U.S. public sector business to frame another organization, as said on Tuesday. The move is the most recent stride in a rebuilding that started three years back and will see CSC's central goal partitioned between
Published Date: May 20
South African Public Sector Unions Protect Wage Deal, Deterring Strike Action
At Cape Town, South Africa's administration fixed a concurrence with unions on Tuesday to raise public sector wages by 7 percent this year, the leader of the bargaining council said to turn away a conceivably injuring strike by 1.3 million specialists.  Public sector unions had at first look
Published Date: May 20
China Stipulates Priorities for Economic Reform in 2015
China's State Council, the cabinet, uncovered the current year's needs for monetary changes. The changes to streamline organization and deregulate energy to lower levels, advance yuan's convertibility under the capital record, and dispatch a trial plan to join the Shenzhen and Hong Kong stock trades
Published Date: May 20
Russia Lifts Ban on Food Import from Three EU States
Recently Russia announced its decision of lifting embargo on food imports from the European Union. The decision may allow around 20 firms from Cyprus, Greece, and Hungary to return to the Russian market, as quoted by Interfax news agency on Tuesday.  Earlier the country had banned food impor
Published Date: May 20
Quick Service Restaurants Contribute Significantly to the Revenue Generated by the Malls in China
Malls in China are finding it increasingly difficult to survive as consumers focus more on e-commerce and online shopping. However, unlike cosmetics and clothes, enjoying meals with friends cannot be digitized. Hence, the most prominent and famous malls in China are welcoming restaurant chains in th
Published Date: May 20
Australia Releases All New Food Pyramid, With no Butter and Sugar!
Recently conducted government surveys reveal that more than a third of Australia’s population derives their daily energy from junk food. To curb the high dependence on junk food, Nutrition Australia released a new healthy food pyramid earlier this week aiming to address the growing confusion a
Published Date: May 20
China Announces Tax Exemption for New Energy Cars and Ships
In a move to reduce over usage of energy China has announced new regulations for tax exemption for New Energy cars and ships, according to a report in China Daily. This new development is a step towards energy conservation and reducing pollution, as China was the world’s largest consumer of en
Published Date: May 20
India Bid to Bolster Energy Ties with Mexico through Crude Oil Imports
Indian Petroleum Minister Dharmendra Pradhan’s delegation to Mexico included an effort for improving cooperation in the energy sector and reinforcing bilateral ties with the Latin American nation. The attempt included setting up an office by ONGC Videsh Ltd (OVL) that is the overseas branch of
Published Date: May 20
What Indigo has Done in Airline Industry, IDFC wants to Implement in Banking Industry
Rajiv Lall wants to follow India’s Indigo airline when he heads IDFC Bank after its opening in October. He aims to offer basic banking services to the customers at low cost, similar to the highly profitable budget carrier. IDFC’s launch in October will see the emergence of country’
Published Date: May 19
Finance Ministry Takes Stock of NPAs and Stake Sale Issues at PSU Banks
With bad loans crossing Rs 2.5 lakh crore, public sector banks are meeting finance minister Arun Jaitley to discuss the problem as well as to talk about their stake sell plans. Jaitley mentioned that he is meeting with the banks to discuss some immediate issues. He confirmed that the non performing
Published Date: May 19
Chanda Kochhar Rules out Any Threat from Chinese Banks for Indian Banking Sector
As ICICI Bank opened its first branch in China, chief Chanda Kochhar mentioned that there is enough room for Chinese banks to enter into Indian banking sector and contribute to its growth. She pointed out that presently India’s growth is largely dependent on bank funding and there are no threa
Published Date: May 19
Airtel in Discussion to Acquire Augere Wireless in as Much as Rs 150 Crore
Bharti Airtel, India's top telecom operator, is in conversation to purchase Augere Wireless Broadband India for about Rs 150 crore to unite its 4G fast broadband foot shaped impression in front of Reliance Jio Infocomm's dispatch.  The deal is just about fixed. An unknown individual acquaint
Published Date: May 19
Ebullient Growth in China Propels RF Power Semiconductor Device Sale in Wireless Infrastructure to above US$1 Billion, Said by ABI Research
At Scottsdale, after a fruitful 2013, the RF Power Semiconductors for Wireless Infrastructure business sector brushed off the graph in 2014, as per ABI Research. The Asia-Pacific district, and China particularly, keeps on being the principle driver for the RF power semiconductor gadgets that are sol
Published Date: May 19
Comcast Wi-Fi Hot Spots Stimulate Cogitation about Wireless
Comcast could be the following cable operator to try different things with new wireless service. Cablevision has spearheaded the idea on the East Coast with its Freewheel administration, offering boundless voice, information and messaging for $30 every month. The administration is in view of Wi-Fi p
Published Date: May 19
Beer Production Volumes Fall in China as Wine Gets More Popular
According to latest data from the Chinese Bureau of Statistics, beer production volumes have fallen for the first time in 24 years by 2.76% approximately by 4.9 kilo liters that equals to 163 billion standard size beer bottles. For decades beer production had grown rapidly and production had trip
Published Date: May 19
International Dispensing Corporation (IDC) Showcases Aseptic Tap at China Food & Beverage Innovation Forum
The world’s only recognized and scientifically validated aseptic tap was displayed and introduced during China Food & Beverage Innovation Forum (FBIF), at the event’s “Innovation Showcase” on May 13-15. Li Xin, the Industry Advisory board member spoke for IDC about how re
Published Date: May 19
Chevrolet Shelves Rocket Launch Plans
In the Chevrolet showroom, individuals with money to burn can from Cor-vette Stingray to the large SS sedan to Camaro muscle, in queue for redesign this year.  What about buyers looking for a compact small care in the price range in the mid US$ 20,000s? Although Chevy has been polishing i
Published Date: May 18
Toyota and Honda Roll in Suppliers’ Eyes
In the North American car supply business, Honda and Toyota are known as gold standards, while Fiat Chrysler, General Motors, Ford, and Nissan are no behind.  In the last annual survey carried by Planning Perspectives Inc., about 435 suppliers opined the purchasing operations of Honda and To
Published Date: May 18
Connected Automobiles All Set to Impact World’s Largest Auto Market
As per several suppliers in the automotive sector, particularly Delphi Automotive the interest of China to develop automotive technology is likely to raise demand for connected car driving. The manufacturers of auto parts that are present in the automotive segment are likely to witness surge in r
Published Date: May 18
Sonoma County Homeowners to Choose Between Different Projects for Water and Energy Improvements
The house-owners of the Sonoma County are looking forward to add a solar energy system, get rid of the old furnace or even install an artificial turf very soon and will also have a variety of options that will fund all these improvements. The Sonoma County is experiencing a development of governm
Published Date: May 18
World Bank to Focus on the Gas Companies in China
The private lending department of the World Bank is focusing on investments in some of the natural gas organizations based in China, which is the fastest growing industry for fuel. As a result, the International Finance Corporation (IFC) has made a firm decision to make an investment of US$150 mi
Published Date: May 18
China All Set to Continue With its Green Energy Revolution
Just like each and every emerging nation has done from the time of industrial Revolution, China has also followed the steps. The nation produces majority of its electricity by burning the fossil fuels. However, to focus on this only one fact risks the surpassing of a noteworthy trend. The power gene
Published Date: May 18
Finance Ministry of India Project for Upgraded Rating by Year-End
The Ministry of Finance, Govt. of India is expecting an upgrade in ratings from credit agencies by the year-end on the account of the policy initiatives, declining inflation, and the enhancement in the financial position of the government. The Finance Secretary, Mr. Rajiv Mehrishi stated in an in
Published Date: May 18
Monetary Easing to Affect Revenue Produced by Chinese banks, Share Prices Remains Unchanged
The cycle for monetary easing in China since November, 2014 is affecting the earnings of Chinese banks, however, the change is not reflecting on their share prices. According to a report by Barclays, the investors, who have been selling out banking shares amidst the bad-debt concerns and the shri
Published Date: May 18
Finance Job Vacancies in London Jumped 14% during Elections
Job vacancies in the financial-services industry in London is witnessing a hike of 14% in April, 2015 pushing up pay, as enterprises continued to hire in spite of doubt surrounding the election in the U.K., a survey depicted. Vacancies in the financial district of the capital raised to almost 10,
Published Date: May 18
China’s First Robots Only Production Factory
According to a Xinhua news agency report China’s first factory that uses only robots for production is in the first stages of construction in Dongguan. At first, approximately 1,000 robots will be introduced in the factory managed by Shenzhen Evenwin Precision Technology Co. The company chairm
Published Date: May 15
Licensing Agreement between Sucampo and Harbin Gloria Pharmaceuticals in China Signed for AMITIZA® (lubiprostone)
Sucampo Pharmaceuticals, Inc. has entered into a licensed agreement with Harbin Gloria Pharmaceuticals Co., (Gloria) on 11 May, 2015 in the People’s Republic of China. Sucampo Pharmaceuticals, Inc. is a leading global biopharmaceutical company and is headquartered in Bethseda, Maryland. Harbin
Published Date: May 12
$87,180.00 Sold in Stock by KMG Chemicals Primary Shareholder
KMG Chemicals (NYSE:KMG) significant shareholder David L. Hatcher sold 3,000 shares of the stock on the open market in an exchange that happened on Friday, May 8th. The shares were sold at a normal cost of $29.06, for an aggregate estimation of $87,180.00. Taking after the culmination of the deal, t
Published Date: May 11
South China Sea has been Quiet Post the Nuclear Deal between Barack Obama and China
It appeared like a run of the mill day for US President Barack Obama. He taped a TV meet on trade, facilitated the champion NASCAR group on the South Lawn and met the Defense Secretary in the Oval Office.  Not all that regular was something that did not give the idea that day on the Presiden
Published Date: May 11
Bisphenol Demanded by California State
Bisphenol-An or known as BPA is utilized on plastics for bevarages and foods as a covering to coat within generally, water containers, container tops, food jars and water supply lines.  A few scientists found that the BPA can saturate foods and drinks from their compartments lined with the c
Published Date: May 11
Obama’s Potential Nuclear Deal With China Can Forge Vital Economic And Strategic Bond Between The Two Powerful Nations
President Obama’s schedule May 11, 2015 included a notification to Congress about a nuclear cooperation agreement with China. The deal, if renewed, would allow China to buy and use the U.S.-made reactor coolant technology that reduces the noise made by submarines, which makes them easily detec
Published Date: May 11
How can Coca Cola Enter the China Market for Plant Based Beverages?
About two weeks back, Coca Cola had announced that it had acquired Xiamen Culiangwang Beverage Technology Co. for a value worth US$400 million. Xiamen Culiangwang is a China based company that is engaged in selling plant based, whole grain, and health conscious protein beverages and drinks. Coca Col
Published Date: May 08
Research Reveals Drinking Green Tea and Coffee Lowers Risk of Health Problems
death from cardiac problems or strokes. The National Cancer Center of Japan released a statement on Thursday mentioning, that the group of researchers conducted the study on more than 90,000 people aged between 40 years and 69 years. The observation of the experiment indicated that those who drank t
Published Date: May 08
3-D Printing, Lots of Data-Science Jobs and Sensors are Approaching to America's Factories, States Mckinsey’s New Report
Another study by McKinsey says manufacturing plants are the following prolific ground for the ‘Internet of things’. The report, called Industry 4.0: How to Navigate a Changing Industrial Landscape, likewise says something natural. Over the following 10 years, industrial facilities and ma
Published Date: May 07
Manufacturing Hub of China Faces Worker Shortage and Increased Wages
Chinese exporters in the Pearl River Delta manufacturing hub are confronting relentless worker shortages and rising wages even as the economy keeps on becoming stagnant. Wages in the area are figured to ascend by 8.4 percent this year, as indicated by a study of manufacturing clients by Standard
Published Date: May 07
Nigeria Attempts to Expedite Car Manufacturing
Day by day automobile overloads, 'go-slow' in nearby parlance, in Nigeria's business capital are a demonstration of the nation's relationship with the auto. The business for autos – new and utilized – in Africa's most crowded nation is evaluated to be worth more than $6 billion as per go
Published Date: May 07
China Smart Home Automation Market on Business Expansion Mode
In China, the telecom sector is characterized by widespread adoption and application of special environment sensors which has lead to concerns over ramp to the addresses with respect to air quality. Companies such as Baidu, Tencent, Xiaomi, and Alibaba will soon be entering the smart home automation
Published Date: May 07
CenturyLink to Reach out to 7 Lakh Homes with the FTTP Initiative
CenturyLink, a prominent telecommunications company will be taking steps as per the goal that it has set of reaching out to 7 lakh residential homes with the help of the FTTP initiative (fiber-to-the-premises). The company has plans of reaching the residential segment via this initiative by 2015 end
Published Date: May 07
Equinix Extends Direct Access and Easy Availability of the Microsoft Office 365 Service to Various Enterprises
Enterprise customers, from Equinix will soon be receiving a managed and a reliable connection that will connect then to Microsoft Office 365 Azure ExpressRoute via the company’s platform of cloud exchange. This will pertain to customers who would be migrating to be shifting their focus towards
Published Date: May 07
Excessive Sugar Consumption in Five American States
It has been observed that in the U.S. there are almost 18 states wherein greater than 26 percent of the adult population drinks sweetened drinks and similar beverages such as fruit drinks and aerated drinks. They consume these drinks once a day on a regular basis. When it comes to sources containing
Published Date: May 06
Sale of Beer in China Market Boosts the Market Performance of AB InBev
Anheuser-Busch InBev, which happens to be one of the largest brewers in the world, recently reported that its revenue earnings had surpassed the expectations of business analysts. This came at a time when the price of beer is surging in some of the emerging countries of the world such as Brazil and
Published Date: May 06
Brewery Collaboration between Brooklyn and Carlsberg
Carlsberg recently declared that it will enter into a business collaboration with New York based Brooklyn Brewery and Norway based Ringnes. Ringnes is a company of the Carlsberg Group. This new business venture will witness the establishment of a brewery with a restaurant, pub, visitor centers, and
Published Date: May 06
The Public Sector Wages Bill of Victoria Strikes $20 Billion
In Australia, Victoria's government sector wages bill will reach practically $20 billion by next monetary year - up $1.4 billion in one year as the state turns into a real spotter. The surge in the wages bill is predicted to proceed with another $600 million increment in the 2016/17 monetary year. B
Published Date: May 06
China's Cybersecurity Thrust Sparks a Gold Abundance
Zhang Long made his fortune offering Pu'er aged tea and handmade furniture from the mountains of his local Yunnan Province in southwest China.  Last November, the 49-year old business visionary, who has no innovation foundation, walked into a Beijing dance hall to pitch his most recent made-
Published Date: May 06
Cash-Strapped Country Runs Out of Money to Pay Public Sector Workers
As the nation's requirement for a bailout credit achieves emergency point, specialists and business dependent on government financing have been left in a condition of frenzy and perplexity.  One representative at an establishment supported by the legislature told the BBC that they are curren
Published Date: May 06
Deal on Renewable Energy Target Compromised
The federal cabinet has agreed to compromise on the deal related to renewable energy target, as this will pave the path for a bipartisan deal to break the investment drought that was a result of a 12 month long political impasse. However, after these long months of political arguments and the decrea
Published Date: May 06
Economy of Glasgow to Greatly Benefit from the Opening of UK’s Biggest RE Conference
It is anticipated that Glasgow will receive a £4.6 boost from its economy as the organizers claim that it will be the UK’s biggest renewable energy conference opens today in this city. The conference called All-Energy 2015 will be one of the largest conferences which is being held in
Published Date: May 06
85% of Electricity in China by 2050 could be sourced from Renewables
According to a new study the growth of China’s clean energy sector will be tremendous by 2025. This report was from the State Grid Energy Research Institute, China’s Energy Research Institute, and other organizations which are concerned with the growing prominence of the RE sector in the
Published Date: May 06
Joint Venture in India with Rolta and Meprolight Established
Rolta from India is a company developing IT solutions for a diverse vertical market sector which comprises of federal and government activities and defense and homeland security. This firm has entered a joint venture with the company Meprolight which is an Israeli developer of electronic optics syst
Published Date: May 05
Innovative Laser Light to Stimulate Fundamental Physics Research
By deploying an extremely short and highly intense laser light pulses, scientists have been able to make significant strides in their attempts to watch and control particle motions which are outside the confines of the atomic nuclei. This will enable data processing operating which can be performed
Published Date: May 05
Netflix of China Threatening to Surpass Xiaomi
The newly available low-priced smart phones from the company called as Netflix of China is threatening to surpass the Xiaomi’s dominance in the market for competitive consumer device, smart phones. This sleek Le Max, Le1 Pro, and Le1 are the products of the China’s online firm called LeT
Published Date: May 05
Construction of Canada Fiber Optic Plant: $50 Million Invested by China Fiber Optic
China Fiber Optic Network Systems Group Ltd. has contributed $50 million to set up a plant in Surrey, British Columbia, for the production of parts for China's fiber-optic correspondences system.  The plant is situated to utilize 200 individuals and is focused to be up and running in June to
Published Date: May 05
Comcast Q1 Earning Ascends on Cable Unit Pick Up
The cable giant, Comcast, whose endeavor to purchase Time Warner Cable was as of late suppressed. Monday, its first-quarter net salary climbed 10% to $2 billion as an increase in its Internet business balance and NBC Universal's income decrease.  In the wake of modifying few things, profit p
Published Date: May 05
Comprehensive Nepotism Unveiled at Chinese Telecommunications Firm
A large number of staff individuals at one of China's biggest telecommunications organizations had been conniving with their family and friends to run side organizations, benefitting off their parts at a state firm, as per the consequences of an as of late completed investigation.  Comrade P
Published Date: May 05
Chevrolet Revises the Price of the 2016 Volt for Greater Turnover
Chevrolet recently declared that it would be revising the prices of the latest model of the 2016 Volt. The question is whether or not the company will get a bigger pool of buyers who would be interested in purchasing this hybrid plug-in vehicle. The pricing of this vehicle is inclusive of the delive
Published Date: May 05
How much can European Car Manufacturers Gain from the China Market?
A senior official at BMW stated that over the last couple of years, the company has not been earning favorable profits in the China market since the performance has not been very satisfactory. With a situation like this it has been quite difficult for the company to attain a certain contribution mar
Published Date: May 05
Late Comers in the China Automobile Market to Benefit Hugely in the Long Run
Automobile brands such as Jaguar, Fiat, and Renault have entered quite late into the China automobiles market. This is one of the main factors that is making it difficult for these car brands to get established in the China market, which at present is in the economic doldrums. However, industry expe
Published Date: May 05
With £7.3 Mn Investment, Food Company Creates New Jobs
One of the key leading food companies from Northern region of Ireland has created around 43 new jobs, as a result of an investment which is worth over £7.3 million. This company is called McColgan’s Quality Foods Limited which is based in Strabane. This organization is investing in it
Published Date: May 04
HDFC Raises Service Charges almost 50% on Debit Cards
The second largest bank in Indian private banking sector HDFC has increased service charges by almost 43% to 50% on selected products such as debit cards and immediate payment service (IMPS) as the bank focuses towards re-align its fee structure on par with competitors. HDFC customers will now have
Published Date: May 04
China Starts Insurance System for Bank Deposits
China has started an insurance system for its over 100 trillion Yuan, that is around USS$21.3 trillion of the bank deposits on Friday, May 1, 2015 and the bond industry is preparing for the next step by now, that is, the end of the interest rate controls. The banks that hold the maximum of the co
Published Date: May 04
ANZ Banking Group to get US$1.5 billion from Finance unit of Esanda
ANZ Banking Group has stated that it is planning to relieve of its Finance unit of Esanda, in an auction, which may generate offshore and local interest and watch the lender get leads in the order of US$1.5 billion.  The sale that is roughly half of the overall assets sitting under the wider
Published Date: May 04
Strengthened Car Sales for Detroit Three May Face Headwinds
The auto makers in Detroit on account of best sales track since 2006 may want to gear up for harder times ahead. As per executives from the auto industry, the industry has been exhibiting healthy sales since its restructuring in 2009. Going by the recent performance of the of stock auto makers su
Published Date: May 04
China Flaunts the Chrysler 300C
The Chrysler 300C which is a beautiful bling was spotted in the street called Beijing Tuning in China. The good automobile has been revved with the finest maximum. The machine is covered with shimmery plastic glitters that are more than 25,000 in number that draws away the sun. The machine also has
Published Date: May 04
Mercedes-Benz 300SL The Automobile That is Enticed for
In the classic cars’ world Mercedes-Benz is the top of the line. It is recognized as the classic car much valued as a million dollar revered machine. Even among the non-gearheads is it better known for its gull-wing doors and the pointed stars that are oversized and are three in number? Alt
Published Date: May 04
China Emerged as Biggest Foreign Investor in Australia
China has emerged as biggest source of approved foreign investment in Australia. This is for the first time for China to attain such economic importance in Australia. The information came across after China splurged a record breaking US$12.4 billion on real estates of Australia in the last financial
Published Date: April 30
IFC Partners with IREDA and PTC to Fund Renewable Energy Projects in India
The private sector lending arm of World Bank, International Finance Corporation or IFC has collaborated with Indian Renewable Energy Development Agency Ltd (IREDA) and PTC India Financial Services Ltd. or PFS to provide infrastructure funding for the renewable resource explorations and projects in I
Published Date: April 30
Emirates NBD Emerged as the Top Financial Brand Globally
On Wednesday Emirates NBD formally announced the news of it being named as the top financial brand in the world by Global Effie Effectiveness Index.  The bank also ended up being one of the seven featured banks in the effective brand’s category. It stood among the top global brands whi
Published Date: April 30
High Broadband Fees: A Major Problem in the China Telecom Sector
A common reason for complaint and dissatisfaction in the China telecommunications market has been the snail paced download speed amongst the users of the internet in China. not too much of attention was given towards this issue for a rather long time, however, sometime early this month, Li Keqiang e
Published Date: April 30
Business Agreement Between Quake Global and Hitachi
Recently, Quake Global Inc., declared that it had entered into a business agreement with Japan based Hitachi for supplying a host of telecom solutions for the Construction Machinery of Hitachi’s that has been deployed all across the globe. Quake Global Inc., supplies devices for mobile communi
Published Date: April 30
TeliaSonera Obtains the Ethernet Certification of the MEF Carrier
TeliaSonera has emerged as the newest service provider in the telecommunications sector with a view to obtaining the Carrier Ethernet 2.0 Certification of the Metro Ethernet Forum. This will lead to service enhancements and better quality to the wholesale and retail lines for the carrier and busines
Published Date: April 30
China Emerges as the Leading Winemaker Globally
China has emerged in the global picture as the country boasting second-largest wine growing area after Spain, relegating France to the third place. The information came to foray after the International Organization of Vine and Wine also known as IOVW released the latest figures.  The figures
Published Date: April 29
China to Soon Emerge as one of the Leading Consumers of Red Wine in the World
According to Vinexpo, the wine and spirits trade association in terms of consumption of red wine, China has emerged as a global number one. The consumption of red wine in China has increased to such an extent that it has surpassed the consumption levels of the same in Italy as well as in France. How
Published Date: April 29
China’s Jo-Jo Drugstore Signs Agreement with Wyeth Pharmaceuticals
China Jo-Jo Drugstore, a leading wholesale and retail distributor of healthcare and pharmaceutical products through online channel in China, recently announced that its plans of launching Hangzhou Jiuzhou Grand Pharmacy Chain as its subsidiary. Recently, Jo-Jo Drugstore has entered into a sales ince
Published Date: April 28
Earthquake Triggers Healthcare Scare in Nepal
Casualties are expected to increase exponentially, as unfathomable number of people feared still trapped under the debris across Nepal. Until now, many of the people in Kathmandu seriously injured are being taken to the Trauma Center of the Bir Hospital. This department has a capacity of 200 beds an
Published Date: April 28
US$10 million Healthcare Center Promises to Create 75 New Jobs
The construction of the US$10 million worth skilled nursing and rehabilitation center in the Miami’s Township Clermont County is about to begin this week. The facility is expected to creat 75 new jobs.  The ceremonial breaking ground will be hosted by Otterbein Senior Lifestyle Choices
Published Date: April 28
Australia Web Supplier iiNet could Confront $1 Billion Offering War
Australian information transfers firm M2 Group Ltd said it proposed to purchase Internet administration supplier iiNet Ltd for A$1.6 billion ($1.3 billion), besting a methodology by opponent TPG Telecom Ltd and raising the possibility of an offering war.  Purchasing Perth-based iiNet, which
Published Date: April 28
Audi to Soon Launch the On Demand Car Service
Silvercar, the company that deals in car rentals, has recently come up with a new approach in the area of car renting. This company mostly rents out cars such as the Q5s and A4 in most limited markets and as a result provides the concierge service and the integration of mobile-first to travelers who
Published Date: April 28
TRW to Establish Three Facilities in China in 2015 and 2016
TRW Automotive Holdings Corp. will soon be establishing three production plants and facilities in China by the end of the current year. This company that is engaged in supplying safety components will soon be acquired by ZF Friendrichshafen AG, a Germany based company. The fact that the company will
Published Date: April 28
Kettering University Donates US$4 Million to General Motors for Powertrain Lab
Kettering University that has seen some leaders at General Motors getting taught here will soon be the recipient of gift worth US$4 million from General Motors. The fund will be utilized to establish a proving platform and a test lab for powertrains. General Motors’ philanthropy segment will b
Published Date: April 28
Nokia Denies Reports of Returning to the Commercial Handsets Manufacture
The news of Nokia gearing up to re-enter in the mobile phone manufacturing has been doing rounds recently. As per reports, there were rumors claiming Nokia expressing its intention to manufacture mobile phones from the R&D facility in China. However, the company was prompt in clarifying, that it
Published Date: April 27
Volvo Gears up to Begin Manufacturing in China
The rising population in China, the growth of the economy, and increase in disposable income, are factors driving the vehicles market in the country. If you ever get a chance to visit China, driving through the traffic clogged streets of Shanghai, where vehicles don’t stop even as the traffic
Published Date: April 27
Rethink to Pace Up in Manufacturing Robots
Boston headquarters of Rethink Robotics is bearing witness to experiments that could trigger a technological upheaval in the world. The workshop at present has become home to eight robots of bright red colors called Baxter. They are at present attended by a group of expert engineers. Each of these r
Published Date: April 27
Implementation of Stringent Rules on Advertising of Healthcare Products in China
Recently, the legislative body of China has come up with a certain draft amendment that pertains to the main Advertising Law, that proposes stringent and strict regulations on the area of healthcare drugs and products advertising. The latest recommendation states that the healthcare products being s
Published Date: April 27
Online Availability of Prescription Drugs: Now the Latest Trend in the China Healthcare Sector
The Food and Drug Administration of China has plans of introducing a latest policy that allows the sale of prescription medicines and drugs via the online portal. This is expected to open up a market of worth US$161 billion to online pharmaceutical operators such as Alibaba.com and Walmart. As per a
Published Date: April 27
The Next Promising Player in the Global Market for Unlicensed Drugs
A U.K. based company has got itself positioned to be a leader in this rapidly expanding market that deals in unlicensed pharmaceuticals via the provision of a way to patients to have access to drugs that are generally not that easily available in local healthcare systems. This industry is a multibil
Published Date: April 27
Technology Proves Helpful to the Distressed Earthquake Victims in Nepal
Web technology has emerged as a savior during the time of crisis. The devastating earthquake in Nepal and in some parts of India, which claimed 1,807 lives so far, has led people to use the social networking website Facebook’s Safety App and search engine Google’s People Finder to inform
Published Date: April 27
U.S. Chipmaker to Help Chinese Smartphone Makers to Sell Overseas
The U.S. chip maker for smartphones, Qualcomm Inc., has set up a unit to help the Chinese smartphone manufacturers to sell overseas. The company is trying to build strong business relations with China when the country is trying to reduce its dependence on foreign chip makers. Though Chinese smartpho
Published Date: April 27
Kenyan and Chinese Investors Join Hands to Promote Solar Energy Solutions
With the rising demand for green energy sources in Kenya, Chinese investors have helped their Kenyan counterparts in setting up a technology transfer and training center in the East African nation. The China-Kenya Solid State Lighting Technology Transfer Center, based in an industrial park near the
Published Date: April 27
Largest Petrochemical Company in China Records Profit in the First Quarter of 2015
China’s largest petrochemical company, Shanghai Petrochemicals announced its results for the first quarter of 2015. According to Mr. Wang Zhiqing, the chairman of Shanghai Petrochemicals, the group has recorded profit in the first quarter of this year compared to the losses registered during t
Published Date: April 24
Price of Iron Ore in China Trades near a One-Month High
Increase in steel production has led to the steady increase of the price of iron ore in China. The Steel Index revealed that since the last closure session at US$52.90 a tonne, the price of iron ore jumped 1.7 percent to US$53.80 tonne in the latest session. Earlier this month, the price of iron ore
Published Date: April 24