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Latest Industry News

Fashion Industry Embraces Technology at London Fashion Week
The London Fashion Week cast the spotlight this week not just on the clothes on the runway, but the technology that surrounded the event. In what could be termed as a new digital first for the fashion industry, Burberry teamed up with Twitter to launch the new click-to-buy button to people across th
Published Date: September 16
Bitcoin Mining Firm Free from Cease Trade
A Saskatchewan based Dominion Bitcoin Mining Company is now free from cease trade and is operating once again.  The cease-trade order against Bitcoin was lifted in May by the Financial and Consumer Affairs Authority (FCAA) with no penalty being issued after it expired last week.  FCA
Published Date: September 16
Hawaii Earns a “C” in the Blue Planet Foundation’s 2014 Energy Report Card
According to a report published by Blue Planet Foundation, Hawaii received an “average” grade for its clean energy progress. The Blue Planet Foundation’s 2014 Energy Report Card for Hawaii has shown a slight improvement since 2013 which was at “C-minus”. This year the r
Published Date: September 16
Cipla Rises by 10% in Two Days
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
Published Date: September 15
Target for Automotive Mission Plan 2016 to Fall Short by 25%
India is likely to miss the ambitious target it had set for Automotive Mission Plan (AMP) 2016 as the country suffered an economic slowdown in the last three years. The lingering effect of the economic downturn will hit the target with a negative 25%.  The target was set at $145 billion for
Published Date: September 15
TRW Automotive to Sell Engine Valve Business to Federal-Mogul for $385 Million
TRW Automotive Holdings Corp. will be selling its engine valve business to Federal-Mogul Holdings Corp for $385 million in cash. The move will allow Federal-Mogul to strengthen its powertrain division and also allow TRW to focus all its efforts on its safety technology business.  TRW’s
Published Date: September 11
Education in Africa still far from adequate
Although the literacy and education scenario in Africa has always been a matter of grave concern, recent studies and reports have shed new light on the situation, calling it a wake-up call for the continent.  According a United Nations report published recently, in the two decades from 1990
Published Date: September 10
Telefonica SA to Serve AT&Ts Digital Life Service to British Customers
U.S. based AT&T Inc. has said that it will collaborate with Spain company Telefonica SA, under which the latter will license AT&T’s home security technology for a limited number of trials in the Europe. This is a way for the AT&T to profit from its budding connected-home concept.
Published Date: September 10
Twitter Aims at Shoppers with New ‘Buy’ Button
After a reportedly long time in the making, Twitter has divulged that it is testing a system that lets users embed ‘Buy’ buttons in their tweets. The button will let users immediately purchase a product, which effectively turns the social networking site into a business services platform
Published Date: September 09
Greater Export of Korean Consumer Goods to China
According to the finance ministry of South Korea, the country needs to focus more on higher sale of final consumer goods to China as a measure of tackling the problem of declining exports to its largest trade partner. The answer to South Korea’s falling exports problem lies in the expanding co
Published Date: September 08
Insights into the Global Construction Market
The economic meltdown of 2008 affected the global construction market negatively. However, financial crisis aside, consumers are investing in housing around the world. One of the leading key trends which support the growth of the construction industry is the emerging economies in Asia Pacific. Count
Published Date: September 08
Factors Driving and Inhibiting the Tablet Devices Market
Tablet devices market is competing with desktop and laptop personal computer market. Tablet personal computer or devices are a cross between a personal digital assistant (PDA) and a laptop. A tablet device is a flat-planed portable computer, which the user can access by tapping on the screen with th
Published Date: September 08
Consumer Trends in the Global Electronics Market
The global electronics market finds its application in relatively every industry. This market is a rapidly evolving market and is fuelled by innovative technical developments. The global electronics industry is entering into the era of convergence where completely different streams of digital techno
Published Date: September 08
An Overview of the Global Equipment Market
The global equipment industry is marked by proliferation of various other segments such as construction industry, medical industry, automobile industry, food and beverage industry, etc. The growth of this market varies from sector to sector. Hence, it is difficult to calculate the total revenues gen
Published Date: September 08
An Overview of the Global Gaming Market
The gaming market is an economic sector which exists worldwide. However, its prevalence can be especially witnessed in the U.S. and in certain countries in Asia. The primary focus of the gaming industry is the development and sales of video games, gaming equipment, and gaming systems. Companies in t
Published Date: September 08
Water Treatment Equipment Market
The scarcity of water across the globe and the growing demand for fresh and clean water has given a tremendous impetus to the water treatment equipment market. By 2017, this market is likely to grow to USD 130 billion. Growing concerns for health risks, worries about biological wastes being dumped i
Published Date: September 08
Rotating Policy for Principals and Teachers in China Schools Aimed to Benefit Rural Education
With the aim of maintaining equity in education across China, school heads and teachers in the country will be rotated among other schools, especially in rural areas. A plan released by the Ministry of Education on Tuesday stated that there was a widening gap between rural and urban education, as we
Published Date: September 03
Sales of Semiconductors in Europe Notch US$3.27 billion Mark With 14.9% YoY Growth
In July 2014, the sales of semiconductors in Europe touched US$ 3.27 billion, soaring 14.9% over the same period last year. These figures, released by the European Semiconductor Industry Association (ESIA), were based on the latest sales reports from WSTS. The growth rate of the European semicond
Published Date: September 03
Higher Employment in the Food and Drinks Sector of Scotland
The food and beverage sector of Scotland will witness the creation of about 10,000 new jobs due to higher investment in this sector. According to a report of the Bank of Scotland, out of 100 Scottish businesses dealing in food and beverage, about 66% had plans of enhancing their workforces which wou
Published Date: September 02
GT Capital Buys PSBank and Metrobank’s Share in Toyota Financial Services
GT Capital Holdings Inc., bought Philippine Savings Bank (PSBank) and Metropolitan Bank & Trust Company (Metrobank) shareholdings in Toyota Financial Services Philippines Corp, the car leasing business. The deal is said to priced at P2.1 billion. GT Capital Holdings Inc. is the listed parent com
Published Date: September 02
Chinese Students Fair Well in Australia
The teaching methods in schools of China are superior as compared to any other schools Shanghai. According to the news, the Chinese students studying in Australia fair better in the math subject.   This new study found that Chinese students with a sound background in Australian schools score
Published Date: September 01
China’s New Lunar Spacecraft to Bring Back Samples of Soil and Rock
By 2017, China will send a recoverable lunar spacecraft that will return to Earth with samples of soil and rock. The recoverable spacecraft-Chang’e 5-is currently being developed by Chinese scientists, as reported by Space Industry News. An official from China’s State Administration of S
Published Date: September 01
Egyptian Government to Allow Private Investments in Renewable and New Energy Sector
As Egypt grapples its worst electricity crisis, the country’s government has decided to allow the private sector’s participation in renewable energy initiatives. According to Mohamed Shaker, Egypt’s Minister of Electricity, the government has agreed private sector investments in th
Published Date: August 28
New App Released By Instagram for Time-lapse Videos
A new iPhone app called Hyperlapse was released by Instagram on Tuesday. This app erases out the disturbances and jitters caused in time-lapse videos. Interestingly, a similar technology was demonstrated by Microsoft a couple of weeks back and that too bearing the same name. According to analysts
Published Date: August 28
Adani to Purchase Royalty Rights of Australia Coal Mine from Linc
Adani Enterprises has agreed to buy the Australian mining firm’s rights to royalties to Linc Energy - an amount worth Australian dollar (A$) 155 million (USD 145 million). The royalties from Adani is high, however is already delayed four years behind schedule regarding Carmichael coal project.
Published Date: August 28
Germany Trims Non-Renewable Energy Sector, Companies Worry about Growth
Many of Germany’s companies, investors, economists, and neighboring countries are worried about Germany’s move to introduce a large-scale renewable energy program. The country faces enormous costs to replace a system that was already in effect and working, with a project to start util
Published Date: August 27
GM Faulty Ignition-switch Program Registers More than 100 Death Claims
The General Motors’ program built to compensate victims of crashes caused due to faulty ignition switches in company’s vehicles has received 107 claims for death as of Tuesday, according to Amy Weiss, the spokesperson for Kenneth Feinberg - the lawyer handling the program.  Amy s
Published Date: August 27
Japan Energy Sector Develops First 250MW Solar Power Project
First Solar Inc., (FSLR)is constructing its first 250 megawatts solar projects in Japan. FSLR is the largest U.S. solar panel maker in the country. Japan witnesses many government incentives that encourage substantial development of solar and cleaner energy sources.  Karl Brutsaert, the dire
Published Date: August 27
BOC Aviation Places Order For Boeing Planes Worth a Record Amount
The leasing subsidiary of Bank of China, BOC Aviation has recently placed the biggest order of planes in its 20-year history. The order, which is reportedly worth $8.8 billion, comprises of two long-haul wide-body planes of the 777-300ER series, 30 Next Generation aircrafts of the 737-800 series, 50
Published Date: August 26
Japan to Seek Over ¥5 Trillion Defense Budget
In what is a record-high budget request, the defense ministry of Japan plans to request more than 5 trillion yen in the fiscal year 2015 beginning next April. A formal announcement will be made next Friday and includes high priority costs that are in line with Prime Minister Shinzo Abe’s new s
Published Date: August 25
India to Global Auto Hub by 2020
Global automobile manufacturers are eyeing India as a lucrative option to set up businesses. This shift in perception is due to country’s growing domestic market and its growth potential. The automakers will also focus on exports from India. Report published by Standard Chartered Bank state
Published Date: August 25
New Transparent Material can Work as a Solar Power Generator
A team of scientists at Michigan State University declared this week the creation of a luminescent transparent solar concentrator which has the potential to turn windows and cell phone screens into solar-power generating equipment. This technology can revolutionize the way we use solar power. It
Published Date: August 25
Brits Picks U.S. Companies for Defense Contracts
Bechtel and CH2M Hill, both U.S.-based firms, have been chosen by Britain to operate sections of its military equipment buying program. The British Ministry of Defense (MOD) has made the move in an effort to restructure its equipment purchasing programs for the armed forces, by trying to utilize
Published Date: August 21
Indian Telecom Authority Scraps Telecom Players Plea to Charge Messaging Apps
Earlier in August 2014, leading Indian telecom market participants had united to lodge an appeal with the Telecom Regulatory Authority of India (TRAI) to levy a connectivity fee on customers that were using messaging and VOIP apps such as Viber, WeChat, and WhatsApp. A string of meetings ensued betw
Published Date: August 21
Skinny Jeans Trend is Over, says Fashion Industry
To snuff out the trend of skinny jeans, clothing merchants tried to introduce new innovation called flares. However, women went on buying skinny jeans. Currently, mass marketing chains such as Gap Inc. and Bloomingdale’s luxury chain are trying again to snuff out the trend of skinny jeans w
Published Date: August 21
Downfall in Profits Drops Mincon Stocks
Mincon - Clare-based mining equipment company’s share fell as its short-term results disappointed investors all around the world yesterday. The company is paying €7m for a 65pc stake in a Canadian firm and nearly €1m in two other businesses. Mincon exhibited a fall in its revenue of
Published Date: August 21
Kraft Foods to Invest $100 Million at Springfield, Missouri for Cheese Processing Facility
Kraft Foods has a new expansion plan for its Springfield facility at Missouri. The food giant intends to invest up to $100 million in its cheese production facility for a new line of product. According to the local Chamber of Commerce, the new investment plan by Kraft Foods, right after its $ 50
Published Date: August 21
New Call Telecom to Invest $100 Million in Acquiring Indian Firms
U.K.-based telecom services company New Call Telecom has said it will invest $100 million in buying telecommunication firms in India over the next 18 months. New Call is looking to expand its reach in the value-added and broadband services in the country and will acquire four mid-sized companies in
Published Date: August 20
Japans Economy Bounces Back as Exports Rise
Japan’s economy has observed a rise in July with exports rising more than what were forecasted. The rise in exports is a bounce back of country’s economy after two straight declines, one of which was Japan’s most recorded contraction since it was hit by a huge earthquake in 2011.&n
Published Date: August 20
Chaos in Construction Industry
Lack of monitoring of construction sites, lousy workmanship, and ignorance of inspections has led to devastating accidents in the construction industry.  These revelations have affected the construction industry over issues like collapsed illegal structures - killing seven construction worke
Published Date: August 20
China to Promote Wider Use of Domestically-Made Medical Devices
In what could pose a serious threat to global firms dominating the medical devices sector, China has decided to promote Chinese-made medical devices and encouraged domestic hospitals to use them as far as possible. China hopes to boost its local market and reduce mounting healthcare expenditures.
Published Date: August 19
B.C. Supreme Court Awaits Verdict on Right to Private Healthcare
In an ongoing landmark court case that is in favor to shape the healthcare industry for a better tomorrow, B.C. doctor commented that patients have been waiting for long hours to get treated. Instead, they could benefit an access to proper healthcare facilities in a private care sector, making the
Published Date: August 19
Community Health Services Experience Cyber Theft
One of the biggest hospital groups in US, Community Health Systems Inc (CYH.N)., has stated that its database has also fallen victim of a cyber attack - presumably from Chinese hackers. The attack resulted in the theft of personal data and Social Security numbers of 4.5 million patients. 
Published Date: August 19
Roche Bids for Control of Chugai
Japanese company Chugai Pharmaceuticals has been offered $10 billion by Roche, who is looking for full control of the company. The first deal between a Japanese pharmaceutical company and its international rival was between the same Roche and Chugai. The deal was made 12 years ago when Roche acqu
Published Date: August 18
Maruti Suzuki Revives Putting Slowdown Behind It
Maruti Suzuki stocks are showing great promise of reviving the domestic auto industry after burying the slowdown in the past. With the ongoing progress, the company is likely to record double digit growth in terms on volumes in the coming two to three years.   Maruti has not only regained it
Published Date: August 18
Contraction of Global Natural Rubber Inventory by 46%
According to research conducted by the International Rubber Study Group, rising demand for natural rubber will lead to reduction of global surplus of natural rubber by almost 46% by the year 2015. The Singapore based organization stated that production is likely to exceed the market demand from 650,
Published Date: August 18
Siege of Mount Sinjar Over, Reports Pentagon
United States and Kurdish airstrikes have successfully broken the siege on Mount Sinjar, according to a Pentagon spokesperson. The militants that laid siege to the mountain have been scattered, allowing the number of Yezidis trapped there to escape. The report was passed by Defense officials on late
Published Date: August 14
Repsol Set to Drill into Canary Islands
Since the Spanish government has a go-ahead on the drilling activities offshore of Canary Islands, Spain’s Repsol could start its drilling this year.  Bloomberg reported that the Spanish government’s Industry Ministry has approved of the drilling plans proposed by Repsol in the O
Published Date: August 14
Wearable Devices for Tracking Parkinsons : Intel Corp
For monitoring patients suffering from Parkinson’s disease, Intel Corp plans to incorporate wearable devices like smart watches for collecting data that is of use to researchers. Early this week, Intel Corp declared that it is collaborating with Michael J. Fox Foundation to carry out resear
Published Date: August 14
PAT for BASF India Falls 40% to INR 52 Crore
BASF India reported a decline of 40% in profit after tax (PAT) at INR 52 crore for the first quarter of 2014, which ended on June 30. Exactly a year ago, in the same period the company reported a PAT of INR 86.9 crore. However, despite these figures, BASF India recorded a 7% rise in sales to INR
Published Date: August 13
US Banks to Do Business with Marijuana Dealers
Huge dilemma haunts marijuana businesses in US to this day – while an increasing number of states are approving the sale of marijuana, it still remains illegal under country’s federal law. The legal complications have forced majority of businesses to operate basically on cash-only basis
Published Date: August 13
A new Assay Technique Can Help in Early Detection of Diabetes
A research undertaken by a team at the Center for Engineering in Medicine based in Massachusetts General Hospital have come up with a concept that uses an assay (fluorescence based) for sensitive detection of certain antibodies within serum samples of micro liter volume. This upcoming assay is ar
Published Date: August 13
Sonys PS4 Sales Notch 10 million Units Mark
Sony Computer Entertainment said on Wednesday that it had reached a critical business milestone by hitting the 10 million unit sales mark worldwide on its PlayStation4 computer gaming system. Sony announced this milestone was reached on August 10, 2014, making the PS4 the fastest among all its prede
Published Date: August 13
Blackstone Takes Control of Alliance Automotive
Automotive parts distributor Alliance Automotive will now be controlled by Blackstone. The move comes in light of the European car market finally gaining ground after decades of losses. Alliance Automotive originally focuses on the U.K. and France. The private equity group bought the company for
Published Date: August 12
Association for Manufacturing Technology Observes Higher Industry Orders in June 2014
In June 2014, the total orders for manufacturing technology were valued at US$405.73 million, says the Association for Manufacturing Technology (AMT). This figure was reported by participating companies in the United States Manufacturing Technology Orders (USMTO) program. The June total marks a 12.6
Published Date: August 12
Recovery in the European Investment Banking Sector Not Sustainable
The second quarter performance for the investment banks in Europe has reported positive results, with the additional focus being on fixed-income trading. Though the European banks are gradually recovering the ground lost to the U.S. rivals in the past few years, the recovery does not seem very susta
Published Date: August 12
Russias Ban on Foreign Food Export Meets Mixed Reaction
Russia’s decision to ban food imports from European Union’s 28 states and countries such as Australia, the US, Norway and Canada has received mixed reactions from various segments of the Russian Society. Together, these countries supply food items, including many basic products, worth an
Published Date: August 12
Fyffes and Chiquita Merger
Dublin based fruit and fresh produce company Fyffes will soon be merged with Chiquita Brands International Inc., an American company that deals with production and distribution of bananas. But before these two companies come together, the shareholders need to vote in favor of this decision in the mo
Published Date: August 12
Supported by U.S., India ups FDI in defense to 49%
In what could strengthen bilateral defense ties, India has agreed to accept cooperation from the U.S., without finalizing any major arms deals. India had a non-alignment policy since 1947 and used to rely solely on the Soviet Union for defense equipment. However, it has turned towards the U.S. and r
Published Date: August 11
Australian Winemaker TWE the Most Sought After by Private Equity Firms
Australian winemaker, Treasury Wine Estates (TWE) has received a multi-billion-dollar takeover bid worth A$ 3.4 billion from an international private equity firm, the identity of which has not been disclosed on request. Australia’s TWE is the world’s largest wine producer. In the begi
Published Date: August 11
Prices on Cell Service Rises
Sprint’s failure to purchase T-Mobile US simply poses new options in wireless programs and lower prices for consumers in the U.S. However, it is predicted that in the future, slower expansion of coverage and difficult competition regarding the prices could lead to sluggish service.  Th
Published Date: August 11
Higher life Expectancy Observed through Administering Metformin
According to findings, Metformin, a drug which is prescribed for patients with type 2 diabetes ensures higher life expectancy for diabetics as compared to non diabetics. This drug exhibits anticancer properties and can provide preventive benefits to those without diabetes.  Metformin and a d
Published Date: August 08
Western Europes Auto Industry Recovers After Markets Rebound
After a prolonged slump in the auto industry of Western Europe, the registrations and sales have finally picked up. The pace of auto recovery in the region went up to 5% in July, signaling that 2014 might actually prove to be a successful year with markets on a sustained rebound. The demand for cars
Published Date: August 07
Construction Sector Experiences Growth in Australia
The Performance of Construction Index for Australian Industry Group/Housing Industry Association was up by 0.8 points at 52.6 for July 2014. Any reading at 50 and above on the index points at growth and development in the sector. The figure of 52.6 proves that growth has indeed been at a higher s
Published Date: August 07
Non-Invasive Test for the Creutzfeldt - Jakob Disease
After conducting a few experimental tests, it was observed that nasal cells and also the cells in urine samples can help detect the mad cow disease in humans. The human category of the mad cow disease is known as Creutzfeldt-Jakob disease.  According to the New England Journal of Medicine, t
Published Date: August 07
Japan Increases Restrictions in their Energy Deal with Russia
In a bid to maintain their energy relations with both Washington and Moscow, Japan imposes new sanctions on Russia in their energy agreement. The sanctions, imposed last week, are more limited than what was ordered by the United States. Japanese firms have expressed their leaning towards the Russ
Published Date: August 06
New Plant-based Protein Dressing Invented for Better Wound Care
The current wound dressings are made out of human sources or animal sources. Human sources such as cadaver skin or neonatal foreskin and animal sources such as horses, pigs, or cows are used for wound dressing. The new wound healing dressing developed at Drexel University is however, made out of nat
Published Date: August 06
Weak Revenues from Military Division Dent Meggitt’s First-Half Profits
Global engineering group Meggitt PLC’s pretax-profits in the first half have seen a 20% dip. The company said this was on account of lower-than-expected revenues from its military division. This fall in profit has also spurred Meggitt to effect changes to the division’s full-year guidanc
Published Date: August 06
Sany Plans a Subsidiary List in Hong Kong’s Equipment Segment
Sany Heavy Industry plans to lay down its subsidiary in Hong Kong. Sany is a construction equipment maker that is operated under Liang Wengen, a Chinese billionaire.  According to a company statement, Sany Heavy Machinery (China) the leading makers of excavators is rightly looking forward to
Published Date: August 06
Australias Service Sector Still Contracting, Though Slower Now
The Australian Industry Group has remained in contraction for five months, after reporting a Performance and Services index of 49.3 in July. The service business index needs to be above 50 to become an expanding sector. Expansion in the sales and new orders sectors improved the Australian Industr
Published Date: August 05
Ford Aims to Launch New Factories in Africa
Ford analysts predict car sales in Africa to increase 40% by 2020, explaining the company’s interests in expanding itself in the continent. Jim Benintende, the head of operations for Ford’s Middle East and African divisions, states that Africa is looking at a surge in economy. Africa
Published Date: August 05
Website Up-gradation Carried Out by Wal-Mart
In order to be at par with online competitors like Amazon.com Inc. (AMZN), the global retail giant, Wal-Mart Stores Inc. (WMT) has got its website redesigned for greater tablet and mobile device compatibility.  The improved version of the Wal-Mart website gives a better shopping experience t
Published Date: August 05
Shares of China Everbright Ltd. Reach their Highest
Everbright Group Limited from China will soon become a joint stock organization instead of an enterprise which is state-wholly-owned, was stated by a representative from the China Everbright Ltd. Unit company. However, the ruling Communist Party has pledged a greater role for markets in the economy.
Published Date: August 04
HPC Declares the 6th Annual China High-Performance Computing Workshop to be Held in China
On November 5th, 2014, the 6th Annual China High-Performance Computing Workshop program will be held in Guangzhou, P. R. in China, at the Chime Long Hotel, announced the HPC Advisory Council today. The event is in juxtaposition with the HPC China 2014 Conference. The council, based in Sunnyvale, Cal
Published Date: August 04
Beverages and snack report organic growth in Q2 for PepsiCo
PepsiCo, the popular snacks and beverages manufacturer posted a growth of 0.5% in its net revenue of Q2. The company’s organic revenue rose by 3.6% during the same period. The rise was in line with the expectations of snacks contributing beyond half the net sales. The snacks division which co
Published Date: July 31
Ericsson Acquires American Metadata-based Billing Technologies Provider
Swedish vendor Ericsson has signed a deal to acquire American metadata-based commerce tools provider in a bid to strengthen its presence across various business verticals. MetraTech provides billing, settlement, and other commerce-related tools that can easily be integrated into a myriad of business
Published Date: July 31
Wealth Managers Strive for Next-Gen Automation Systems for High Efficiency
The need to balance regulatory pressures along with ongoing conditions is a big challenge for wealth management firms. An industry research provided by ComPeer highlighted the importance of compliance as one of the only three departments in the industrial sector that has increased staff numbers in t
Published Date: July 31
TouchStars Growth and Achievements in Fleet Refueling and Fuel Distribution Industry
TouchStar recently announced about its fuel distribution client base expansion in the United States. TouchStar is an international provider of mobility software solutions and logistics that is now driven by the addition of two new clients in the market.  The company is represented by a Californ
Published Date: July 30
ST Launches MEMS Microphone Test Facility in Taipei
STMicroelectronics NV has announced the establishment of an anechoic chamber, which the company intends to use in developing MEMS microphone applications. The facility, located in Taipei, Taiwan, has been set up with a particular focus on improving audio performance across applications. STMicroelect
Published Date: July 30
Patients with dementia more likely to be implanted with pacemaker: Study
Patients with dementia are significantly more likely to get pacemakers than those without any cognitive deficits, a recently published study states. Although the study cannot explain exactly why people with dementia are more likely to be implanted with the devices, researchers speculate that the pro
Published Date: July 29
Société Générale Private Banking picks Wolters Kluwer Financial Services for risk management and regulatory reporting
Société Générale Private Banking has selected Wolters Kluwer Financial services to help the former with facilitating compliance with Capital Requirements Directive IV in Belgium. Wolters will provide solutions such as regulatory reporting and risk management. The solution
Published Date: July 29
Chemical Resistant Gloves by Ansell Industrial Healthcare provides sturdy Grip
Oils and degreasers are common elements found in any industrial area used for the removal of lubricants and oils from different metal parts. It is a critical part of the manufacturing and processing operation in every field. To handle such chemicals and degreasing agents one needs to wear proper han
Published Date: July 29
JTI persuades Malawi in Tobacco Industry Reformations
JTI Leaf Malawi - Malawi’s leading Tobacco Company partnered with its country’s government in the drive to transform the tobacco industry. It has committed with Malawi Government, its stakeholders, and growers for the same cause. This transformation is alleged to reinforce Malawi’s
Published Date: July 29
Wipro plans hiring from IITs and NITs
In a bid to build a strong, well-educated workforce that will be capable to taking on leadership challenges in the coming future, Wipro plans to hire from NITs and IITs. These recruits are envisioned to herald the latest technologies such as automation, mobility, cloud, and analytics. The recruitme
Published Date: July 28
Second automobile industry survey conducted by PakWheeels
Muhammad Raza Saeed, CEO of PakWheel.com stated, the company has conducted its second survey on 2014 to get an in-depth understanding of the automobile market in Pakistan. PakWheels is conducting surveys for all facets of the industry, including mainstream and the others. It noted about 24% people
Published Date: July 28
Korea Working Towards Exporting Medical Services to China
The Korean medical services industry is keen on scaling up its export volumes to China. The fast-emerging medical devices and services market in China is being regarded as a lucrative opportunity for numerous players in the South Korean medical service industry. The Chinese government recently opene
Published Date: July 28
Parent Company of Chinese Food Scandal-hit Company to Withdraw All Products from Chinese Market
OSI Group LLC, the parent company of Shanghai Husi Food Co Ltd, the Chinese food supplier in news currently regarding a food safety issue, has said that it is withdrawing all products made by Shanghai Husi from the market.  The food safety scandal that started in Shanghai Husi spread over to J
Published Date: July 28
McDonalds Japan Switches to Chicken from Thailand Owing to China Meat Scandal
McDonald\'s Corp has halted the sale of items such as chicken nuggets and other chicken-related products in its Hong Kong outlets after it declared that it had also imported meat from Shanghai Husi Food, the Chinese company owned by US based OSI group, which is currently at the center of a food safe
Published Date: July 25
Scientists find eighty new genes that are connected to schizophrenia
Schizophrenia is a condition, which affects over 24 million people all over the world for many years. Researchers from around 30 nations have analyzed the genes which are linked to schizophrenia. The research scientists were able to uncover around 80 previously unknown genes, which are able to put
Published Date: July 24
Foreign Financial Institutions can Invest in Saudis Stock Market From 2015
Come 2015, foreign financial institutions will be able to make direct investments on the Arabian stock market. A report in the Saudi Gazette said Wednesday that ‘eligible’ foreign financial institutions will be allowed to invest in listed shares. This new move will come in effect before
Published Date: July 24
Harvard Study Estimates 10.3 million Americans Covered Under Obamacare
According to a study by published by Harvard, about 10.3 million Americans over the age of 18 have been covered under Obamacare since enrollment kicked off in October 2013. The biggest gains have been recorded among Hispanics and young adults, the study, published Wednesday by the Harvard School of
Published Date: July 24
After a 6-year Suspension, Mortgage-Supported Debt Sales to be Revived in China
China will soon revive the debt sales which are mortgage-backed in this week after a hiatus of six years. These sales are initiated as the government provides its helps to homebuyers in the flagging real estate market. The Postal Savings Bank of China Corporation consists of 39,000 branches all o
Published Date: July 23
Mushrooms to be Soon Used to Reduce Bitterness of Cocoa Beans
A unique fermentation process developed by an upstart US food technology firm uses mushrooms for reducing the bitterness in cocoa beans. The company believes that this technique could help in reducing sugar content in chocolate candies.  It has been a year since the fermentation process has
Published Date: July 23
Babies of mothers with anxiety disorders more likely to cry excessively
A new German study suggests that women with anxiety disorders may more likely have babies who cry excessively.  Earlier research studies have already confirmed that babies of women with anxiety disorders are more prone to develop anxiety disorders themselves in later stages of their life.&nb
Published Date: July 23
Plague Death Causes A Chinese City To Be In Quarantine
Due to the death of a Chinese resident in Yumen due to bubonic plague, several parts in some cities of China have been sealed off. Recently, a 38 year old person died after getting infected by a wild rodent called marmot.  Several districts in the Gansu province consisting of about 100,00
Published Date: July 23
OPECs Revenue Affected By Global Downturn
For almost twenty years, the revenues being earned by the Organization of Petroleum Exporting Countries were mainly fuelled by global economic growth. However, this does not hold true anymore. According to business charts, the year 2013 was the first year after 1993 which depicted that the total
Published Date: July 23
New Energy Vehicles to Receive a Further Fillip in China
China’s wants to ensure that its pollution-reduction plans aren’t mired in red tape, regional protectionism, or the lack of policy regulation. The country is leaving no stone unturned to entice consumers into purchasing new-energy vehicles instead of those that run on gasoline and diesel
Published Date: July 23
Americans have no problem being stylish on a cheap budget
Most Americans have no problem to being stylish on the cheap and that is because according to a recent survey that resulted new polls on fashion says, majority of the population think one does not need a lot of money to be stylish.  On the contrary, about 86 percent of the Marist College respo
Published Date: July 23
Hasbro Inc. Sees Dip in Demand for Preschool products and Games
America’s second largest toymaker Hasbro Inc’s quarterly revenue has been lower than expected. This is the second straight quarter of dip in the sales of its preschool products and games. The company’s shares saw a 3.6% dip on Nasdaq following the news on Monday. Hasbro, is best kn
Published Date: July 22
China’s Internet Users Plummet’s most in the Last Eight Years
The first half of 2014 has seen a drop in the number of Internet users from China. According to the reports it has only added 14.4 million new users, which is the lowest number in the past eight years.  The China Internet Network Information Center (CNNIC) has reported only 632 million Inter
Published Date: July 22