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Latest Industry News

Roads Functional Again Post the Chemical Spill in a Factory at Widnes
Roads are operative again after the spilling of a chemical at an industrial facility in Widnes. A security message encouraging adjacent inhabitants to remain inside and keep their windows and entryways shut has likewise been lifted after the leakage at the Lower Road in Pentagon Fine Chemicals.There
Published Date: October 12
Apple Deactivates Its News App in China
According to the reports, Apple has disabled its news app in China. This indicates that how difficult the situation is becoming for foreign companies to operate under the state-run media and internet. Launched in June, Apple News App is available exclusively for the users in the United States. It is
Published Date: October 12
U.S. Decides to Undertake Patrols to Test China's Pledge on Disputed Areas Around South China Sea Islands
The U.S. has decided to challenge China and undertake patrols near the controversial islands China has built, and the construction of which has alarmed nearby countries, in the South China Sea. What was Reef only a year back, has been developed into seven islets by China. The patrols will test presi
Published Date: October 12
The U.S Construction Companies Financial Strength Improved Compared to Past One Year
In a positive sign for the U.S. economy, the money related strength of construction organizations is moving forward. Creditsafe Inc., a U.K. - based supplier of online business-credit reports, surveyed the credit of approximately 1.7 mn American construction firms to find that around 250,000 now ran
Published Date: October 09
Manufacturing Day Event Opens Discussion About Lucrative Careers in the Industry
Mechatronics program in the Allegheny County’s Community College welcomed public last Friday at its annual Manufacturing Day event. This event, which is a movement at grassroots led by manufacturers, is dedicated to challenges faced by manufacturers. The event is a platform for discussions regardi
Published Date: October 09
China telecom Stock Rated Buy With Average Price Target of US$69.15
The shares of China Telecom Corp. Ltd. has gapped up before trading session on Wednesday. The share of this telecom giant had closed at US$46.99 on Tuesday, Oct 6th 2015, but opened at US$47.76 on Thursday, Oct 7th, 2015. A number of financial research firms have published their projection on China
Published Date: October 09
After TPP Deal, Government Pledges US$1 billion to Help Auto Industry in Canada
Automakers in Canada are still getting adjusted to the recently signed Pacific Rim Trade deal. The Trans-Pacific Partnership (TPP), largely backed by the United States, is a 12-nation pact including Japan and other Asian countries that marks a significant change in the U.S. trade interests to Asia.
Published Date: October 08
Coca-Cola Held in Controversy, Funded Research that is Spreading Biased Message on Obesity
The Coca-Cola Company, the company known as the largest producer of sugary beverages in the world is facing a few controversies. The company has been caught into a controversy for funding a research that averts blame for obesity caused due to sugary drinks. As a consequence, the well-known newspape
Published Date: October 08
Anheuser-Busch InBev Bids Over US$ 100 bn for Merger with SABMiller
Budweiser and Miller Lite that have been contending for the heart of beer drinkers for many years may finally merge operation. Anheuser-Busch InBev, the company that owns Corona and Budweiser commented recently that it has raised offer for SABMiller, which is the owner of Peroni and Miller Lite for
Published Date: October 08
Economic Slowdown Prompts Norway to Use Oil Savings
Norway is facing an economic slowdown, owing to which the government is cutting taxes and turning to its vast oil savings for the first time in an attempt to boost the slowing growth and accelerate the pace of economic transformation. After helping revive the sovereign wealth funds of the country f
Published Date: October 08
China to Invest US$1.5 Bn in Subsidizing Public Hospital Reforms Next Year
China will be spending US$ 1.5 billion, or 9.8 billion yuan, with the aim of subsidizing public health reforms in 2016, the Ministry of Finance said on Thursday in a statement, as the nation seeks to overcome the challenges facing its struggling health care system. The government of China has been
Published Date: October 08
3 Top Chinese Telecom Companies to Offer Data Carry-Over Services
The telecommunication and wireless industry in China is well-known for offering quality services. China Mobile, China Telecom, and China Unicom, the top 3 companies of the China telecommunication market are willing to allow the prepaid subscribers to carry-forward their unused data balance to the ne
Published Date: October 07
Shells Chief Warns of Spike in Oil Prices
Ben van Beurden, chief executive of Shell stated that though oil prices are dropping, they could soon start to recover and spike up. He further stated that the four things to look out for in case of short-term oil prices are the behaviour of the Organisation of the Petroleum Exporting Countries (Ope
Published Date: October 07
China and Russia: 80% Students Unable to Achieve a Pass Score in the Screening Test Post MBBS
Indian students who travel to another country for a receiving a medical degree need to clear a compulsory test on their arrival for the purpose of practicing there. Nonetheless, over 80% applicants who come from medical colleges to both China and Russia are unable to pass the screening test initiate
Published Date: October 07
American Apparel Solicits Fashion Revival under Bankruptcy
American Apparel Inc. is planning to rebuild its struggling fashion business with the help of a restructuring plan. Under the plan, the ownership of the company will be enjoyed by the Standard General hedge fund. This is the same hedge fund that rescued RadioShack earlier in the year, as commented b
Published Date: October 07
Abu Dhabis Largest Private Healthcare Provider Speculated to Join Hands with Mediclinic
Stakes of shares in the Abu Dhabi based healthcare provider Al Noor Hospitals has seen numerous changes in terms of administrative control in the past year, prompting speculations that the days of independence of the company could be threatened in the near future. Contrary to these predictions, the
Published Date: October 07
Oil Prices at One-Month High on Production Cuts Expectations
Prices of oil reached a one month high on Tuesday on the expectations of declining supply in the global as well as US markets.  The United States Energy Information Administration said on Tuesday that the domestic production of crude oil dropped 120,000 barrels per day from the month of August to
Published Date: October 06
African Oil Exports to China Decline
Crude oil exports from West Africa to China were expected to drop to a low of four years this month, indicating that the major buyer country has little interest in importing spot crude in the beginning of fall.  A report by Reuters revealed in its most recent survey that shipping fixtures and oil
Published Date: October 06
FDA Supports use of Optune Medical Device to Treat a Unique Brain Cancer
The United States Food and Drug Administration (FDA), lately, supported the expended indication to use the Optune medical device to treat patients suffering from a different kind of brain cancer. The Optune medical device will be used to cure a newly diagnosed brain cancer, glioblastoma multiforme (
Published Date: October 06
China, Japan, Ireland Collectively share Nobel Prize for Introducing Parasitic Disease Cure
Three scientists, one each from China, Japan, and Ireland, were recently awarded the Nobel Prize for medicine for their contribution towards parasitic diseases. According to the reports from CNN, half of the Nobel Prize was collectively shared by William Campbell of Ireland and Satoshi Omura of Japa
Published Date: October 06
Which Countries Offer Highest Quality Education American Parents Vote for China and Japan
The study from HSBC reveals that according to the American parents, China and Japan are the two countries offering the highest quality education for children. Compared to the universities in the U.S., the universities in China and Japan offer quality education, said most of the American parents. As
Published Date: October 05
Washington Lawmakers to Introduce new Education-Funding Ideas
The lawmakers from Washington State are taking efforts to introduce new ideas to increase the education funds. While doing this, the politicians are willing to avoid the biggest question, from where will the money come from? Sen. Bruce Dammeier, R-Puyallup, recently acknowledged the proposal to fix
Published Date: October 05
Pepsi to Release Limited Edition Bottle This Month
This month is going to witness a new limited edition bottle by PepsiCo. Under the brand name Pepsi Perfect, the label is imitating the brand that appeared in the 1989 movie ‘Back to the Future Part II’ when it was briefly featured in the film. Michael J Fox’s character is delivered a futuristi
Published Date: October 05
Coca Cola Singapore Beverages to Wind Up Plant in Tuas
Coca Cola Singapore Beverages will be shutting down all manufacturing operations at its Tuas bottling plant and the full closure of the unit is estimated to be slated for coming February. The firm, however, has stated that it will be investing more than US$ 100 million in Singapore over the duration
Published Date: October 05
Ten Areas Being Targeted By China to Carry Out its Manufacturing Upgrade
China may be arranging more amazing investment over ten key parts of the country’s already-huge manufacturing segment. A key council advising those country’s vital administration looking into its “Made in China 2025? arrangement illustrated this new methodology prior this week. Constantly on u
Published Date: October 01
Bankers Hope Chinese Companies to Splurge on European Firms
The recent economic slowdown in China have had a significant impact globally. The global stock markets have remained waivered since China witnessed Black Monday in late August.  But while the slowdown registered in the second-largest economy of the world is making investor’s to doubt on their fo
Published Date: October 01
Duck Shit Tea from China Causing Waves in the World
Duck Shit Aroma, also known as Ya Shi Xiang, belongs to the revered Golden Phoenix tea family sourced from the Phoenix Mountain located in the Guangdong Province of China.  As narrated by Taylor Cowan, classically, teas from the Phoenix Mountain used to be picked from a single bush, releasing hype
Published Date: October 01
Case Made by Panel in the U.S for Alignment of Higher Education and Industry
A board of neighborhood thought pioneers speaking to the private segment, K-12 education, and post-secondary schooling talked about best practices for the alignment of education to industry requirements at a board on Monday night. At the occasion, sorted out by the Harvard Business School Associatio
Published Date: September 30
New Study Claims China-Made Goods Harming Environment
According to a new study conducted by the University of California, the goods manufactured in China are associated with considerably higher carbon dioxide emissions compared to the same products made elsewhere. The study has claimed that the ‘made in China’ goods are potentially accelerating cli
Published Date: September 30
Montage Technology will Purchase Pericom in $430 mn Deal
Montage Technology Group Ltd, in china, the biggest analog chip-maker said it has offered to purchase the deal with Pericom Semiconductor Corp at around $430 million. The offer bumped up from Diodes Inc in the beginning of this month.  The chip-maker’s premium is stood at 9.5% to Pericom. It is
Published Date: September 30
U.S. Suspects and Pulls Spies from China after Cyber Attack
The U.S. is pulling up spies from China due to the cyber attack that put together all the personal data of 21.5 mn government workers, said a U.S official on Tuesday.  The U.S. conceives that Chinese hackers were responsible for the breach as the data was exposed at the cost of 5.6 mn government e
Published Date: September 30
Green Building Sector in US Surpasses Overall Growth in Construction
According to a new study by the United States Green Building Council from Booz Allen Hamilton, the green building industry in the US is surpassing the overall development levels in the construction sector. The green building sector is likely to account for over 2.3 million American employment opport
Published Date: September 30
Yet Again Studies Reveal Dangers of Drinking Sugary Fizzy Drinks
Researchers have confirmed it yet again that sugary fizzy drinks are only good for your taste buds. The ill-effects, on the other hand, are manifold. The results of the study state that consuming only about two cans of sugary fizzy beverages every day leads to an increased risk of a number of health
Published Date: September 29
PSA Reports Drop in the Prices of Construction Materials
According to Philippine Statistics Authority (PSA) the retail rates of construction rates in Metro Manila declined in August 2015 as well. The data published by PSA emphasized on the drop of 0.4% seen in Construction Materials Retail Price Index (CMRPI) of the National Capital Region (NCR). This dec
Published Date: September 29
Chinese Frozen Food Industry to Reach RMB 188.5 Bn, States Sino Market Insight
Sino Market Insight, a Beijing-based market research firm, has published a report, estimating the overall market value of the frozen food industry in China to reach RMB 188.5 bn by the end of 2015. The increasing urban population base coupled with the economic rise in China is providing significant
Published Date: September 29
Emerging Markets Learning from Americas Healthcare Mistakes
Universal healthcare is going through a phase. The New York Times reported on last Thursday a full-page ad was published by The Rockefeller Foundation, announcing its support for 267 economists from across forty-four countries, who have been voicing that economically-efficient universal health cover
Published Date: September 29
Government of India Issues Probe into Volkswagen Cars Sold in India
In a recently U.S. emission tests conducted, Volkswagen has admitted to have cheated with the help of a defeat device. With the use of this software, the company was successful in carrying an act of deceit. Defeat device, which was the software used and has the capability to find if a car is checke
Published Date: September 28
Enhanced Internet Access to Help Develop Global Education in Future
Jamme, the education and technology activist and founder of Africa Gathering, recently told the story of Barbara, a university student in Uganda. According to Jamme, Barbara won’t have access to the internet till the biggest technology hub in Uganda opens. As soon as the tech hub opens, Barbara wi
Published Date: September 28
Chinese President Xi Jinping to Fund $2 Billion to South-South Cooperation
Xi Jinping, the Chinese president recently announced that the country will fund $2 billion to support the South-South Cooperation to assist the developing countries to develop education sector. Along with the education sector, China will also support the developing countries develop trade, agricultu
Published Date: September 28
Gecko and Teva Join Hands for Efficient Management of Asthma and COPD in Adults
A latest announcement suggests, Teva Pharmaceuticals will buy Gecko Health Innovations, Cambridge, Massachusetts. The terms of acquiring this smart inhaler company has not been disclosed.  Gecko’s claim to fame is CareTRx, a device that has come a long way in dealing with chronic respiratory dis
Published Date: September 28
Qualcomm and Ericsson Run a Demo of LTE-U in China
The 5G with a breakthrough in one enabling technology has been paved by Qualcomm and Ericsson. This technologically advanced system now involves taking the unlicensed spectrum used by Bluetooth and Wi-Fi and uses it for 5G purpose, particularly in indoor networks.   The chip market in collaborati
Published Date: September 25
New iPhones Hit Stores on Friday; High Record Sales Expected in First Weekend
With dozens of customers and a robot queuing in Sydney, Australia, the launch of Apple’s iPhone 6s and 6s Plus on Friday kicked off global sales cycle immensely.  This will only leave a room for scrutiny as to how much Apple’s marquee product is left.  Analysts of the study expect a record ap
Published Date: September 25
EU Lawmakers Set to Begin Negotiations on Medical Device Regulations
The Council of Ministers in a statement confirmed that its Luxembourg presidency has been given the mandate to begin trilogue talks with the European Commission and the European Parliament regarding the new planned In Vitro Medical Devices Regulations and the Medical Devices Regulations.  The Coun
Published Date: September 25
UK will Require China for Constructing its Nuclear Plants
It will be the first nuclear plant in the UK for a long time. Hinkley Point C in Somerset is relied upon to give up to 7% of the UK's power needs and make a huge number of employments. The task by French energy organization EDF will be halfway sponsored by China through a £2bn bargain that the
Published Date: September 25
FreedomPop Introduces a Mobile Service for Free in the United Kingdom
U.S. based MVNO (mobile virtual network operator), FreedomPop recently launched a certain free mobile service in United Kingdom. This company joined the market in the year 2012. At present, it is offering subscribers in the U.K. a 200 minutes package, with 200 MB of data, and 200 texts that will be
Published Date: September 24
Chinese Beer Loses its Delight
In China, 2015 has been a headline year for the country’s beer market – though for wrong reasons. In two decades, beer production in the country has dropped, mainly due to casualty in changing drinking habits. Once again Chinese beer headlines, as Anheuser Busch InBev contemplates one of the la
Published Date: September 24
Merger of Worlds Two Largest Beer Companies Could Change the Beverage Industry Worldwide
The future inhabitants of the bright, blue marble may not have to worry regarding being in the Pepsi or Coke camp. Or if they are in the Bud camp or Miller. The fact is that hydration seeker in future, may not even have to think about what to pour in their space-chrome gobs at all.  The suggestion
Published Date: September 24
GE Makes US$300 Mn Investment in New Healthcare Technology
Supported by a whopping investment of US$ 300 million, GE Healthcare has developed Sustainable Healthcare Solutions in order to develop health care technology aimed for clinicians, governments, non-government operators, and private operators.  GE reported that the decision will help in developing
Published Date: September 24
Accenture Finalizes Agreement to Acquire EHR Consulting Practice
Global management, health IT, and outsourcing firm Accenture has conceded to acquire electronic health records consulting company Sagacious Consultants, according to an announcement by company executives on Wednesday. This acquisition will allow Accenture to widen its capabilities in order to help
Published Date: September 24
Chinese Government Strengthens Food Safety Law
China is drafting more stringent Food Safety Laws, which is expected come into effect on Oct 1, as revealed by a senior official working with CFDA (China Food and Drug Administration) on Tuesday.  At a recent seminar organized in Guangzhou, Guo Wenqi made a remark on the prevailing food safety law
Published Date: September 23
Small Energy Companies Gain Market Share in U.K.
The small energy provides in the U.K. currently hold around 13.4% of Britain’s market for household energy supply. This is a steep increase from the 2.6% that they collectively held in 2014. Analysts say that the success stories of small suppliers of energy are growing as consumers are becoming in
Published Date: September 23
Dropping Oil Prices Might Push Producers Out of the Market
Oil and gas exploration in New Zealand is expected to witness a sharp decline due to prediction about drop in oil prices. In the coming summer season New Zealand has reported no offshore drilling projects.  The oil industry reported that the shrinking drilling activity has been a result of the end
Published Date: September 23
Chinese President Projects Positive Picture of Economy while Manufacturing Sector Hits 6 ½ Year Low
President Xi Jinping has backed the Chinese government’s recent decisions related to economic policy. He stressed that the government’s timely intervention avoided panic among the investors in the stock market and added further that there were no plans to involve in a currency war or lower the e
Published Date: September 23
Agreements amongst UK-China Point towards a Novel Phase Appertaining to Education Collaboration
The eighth UK-China Education Summit saw the consenting to of 23 education arrangements to further coordinate effort and expand student portability, which UK Minister for Universities and Science Jo Johnson said flagged another period of logical and instructive cooperation on an extraordinary scale
Published Date: September 23
China Resorts to Islamic Finance to Expand Economic Influence
To strengthen its economic influence abroad, China is focussing on Islamic finance. Though in China, Muslim population is merely 20 million and the government has not been keen to develop Islamic banking in domestic market. However, for overseas market, Islamic finance is a key to bolster relationsh
Published Date: September 22
Study Relates Consumption of Sugar-sweetened beverages With Higher Intake of Unhealthy Foods
A study recently presented at the 51st annual meeting if the European Association for the Study of Diabetes states that the adults who consume high amounts of sugary beverages are more likely to consume foods that are considered unhealthy. The study says that sugar-sweetened beverages have a strong
Published Date: September 22
Thailand-China Railway Significant for Wider Infrastructural Development in Southeast Asia
In China, the ‘Belt and Road’ initiative has prompted construction of a rail network, which will connect the country with Southeast Asia. This is on account of the agreement that China has been successful to secure with Thailand and Laos to construct a rail network that will connect the three co
Published Date: September 22
JCB Cuts 400 Jobs with Slowing Construction Sector in the U.K
In the U.K., worker unions have expressed shock over plans to cut 400 jobs at JCB, which alerts that a downfall in world markets, including China could be reason for more losses. In the recent weeks, market scenario in the construction equipment sector have deteriorated, thereby leading to the anno
Published Date: September 22
Crude Oil Output in China Could Fuel Cynicism in Oil Market
The output of crude oil in China went up by 4.90 per cent to reach 18.3 million tons in the month of August 2015, in comparison with the year before. According to a report by the National Development and Reform Commission, the production of Chinese refined products went up by 3.70 per cent in August
Published Date: September 22
Oil Prices Drop by 2 Percent
Prices of crude oil dropped by as much as 2 per cent on Tuesday amid concerns over the fact whether the overall demand will be sufficient to address sky rocketing surplus. This came before the weekly survey on the inventory levels in the United States. Price volatility has increased this week owing
Published Date: September 22
Stanford Engineers Develop a Cool Way to Boost Efficiency of Solar Cells
The global solar industry is growing rapidly. This rapid expansion of the global solar industry is driving innovation. Independent researchers and organizations around the world in the industry are focused on inventing tools and techniques that will drive the efficiency of the solar power technology
Published Date: September 22
High Consumption of Sugary Beverages Indication of Overall Poor Diet
Grownups consuming large amounts of sugary drinks have a greater chance of consuming food groups that are considered to be unhealthy. On the other hand, adults who consume more tea and juice have a higher chance of consuming food groups considered to be healthy, according to findings of a study pres
Published Date: September 21
PepsiCos Expenditure on Research & Development Pays Off
PepsiCo acquired the Quaker Oats brand in 2000 for approximately US$ 13.4 Billion – a product that has for a long time been known for its oats that take over half an hour to cook. However, the 114 year old brand of Quaker Oats is attempting to offer consumers who are hard pressed for time, granol
Published Date: September 21
Healthcare Reforms in China to Help the Rural Population
There have been many cases in China, wherein, families living in rural areas have not been able to pay for their medical expenditures. This has led to the loss of lives and limited access to healthcare services in rural China. This shows how the market-oriented structure in the Chinese economy over
Published Date: September 21
Internet Giants Aid Innovation for Chinese Healthcare Sector
In China, the major internet companies such as Tencent Holdings Ltd., Alibaba, and Baidu Inc. are partnering with the healthcare sector. The partnership is in pursuit of use of technology that would benefit services in hospitals, pharmacies, and clinics in the healthcare sector in China. Even thoug
Published Date: September 18
States Pass Laws to Regulate Usage of Chemicals in Products
The usage of harmful chemicals such as bispenol A, formaldehydes, arsenic, and phthalates in plastics, clothing, and other products has been well known. Consumers are usually unaware about the constituents used in the products they use and the federal government rarely asks the manufacturers to list
Published Date: September 18
Price Target Update of Electronics for Imaging Inc
The brief term price target for Electronics for Imaging, Inc. is at $53 and the higher price target for the stock has been estimated at $60. The company has received a short term rating with a rank of three from leading research analysts in the market. The company has been rated average of 2 by 4. H
Published Date: September 18
China IC Market Driven Substantially by IC Design Sector
Globally, China is known for its robust growth in the IC industry. The integrated circuit industry of China is market with presence of several strong domestic players. These players provide ICs to several end-use industries around the world. The IC industry in China has demonstrated strong growth in
Published Date: September 16
FirstBank of Nigeria Unveils Lifestyle Mobile Banking App
After Asia Pacific, the Middle East and Africa (MENA) region is standing out as an emerging market. One of the sector that is undergoing rapid development in the MENA region is that of the banking, finance services, and insurance. Many major global companies have entered the MENA’s BFSI sector and
Published Date: September 16
Equal Investment Opportunities for China and India in Cambodia Hamid Ansari
Recently, Hamid Ansari, the Vice President of Cambodia said that there are equal investment opportunities for China and India in Cambodia. He further stated that Cambodia is doing its best to create investment opportunities in specialty telecommunication and wireless sector, transmission lines, and
Published Date: September 16
Envivio Acquired by Ericsson to Boost its Exposure in Telecommunication Market
Ericsson recently signed a merger deal with Envivio, a video encoding company, with an attempt to boost its coverage in the telecommunication and wireless market. The acquisition is likely to assist Ericsson to utilize skillful expertise of Envivio, to improve AT&T Inc.’s TV platform as AT&T has a
Published Date: September 16
China Signs Food Safety Co-Operation Agreement with Ireland
Minister in charge for food safety in China during his official visit to Ireland on Monday signed a memorandum of understanding (MOU) on food safety, with Simon Coveney – the minister of agriculture. Bi Jingquan, the Chinese minister representing the China Food and Drug Administration also joined
Published Date: September 16
Recent Study Says Kids and Adolescents ate 12% of Daily Calorie from Fast Food
According to a recent study, kids and adolescents eat 12% of their daily calories from fast food. Until now researches and studies said that consistently snacking on fast food is not good for health or waistlines. However, according to the latest federal data, over one third of kids and adolescents
Published Date: September 16
Republican-led House Panel Votes for Lifting Ban on Crude Oil Exports in the US White House Opposes the Bill
On Thursday, a bill was endorsed by a key U.S. House committee regarding the lift on the four-decade old ban on the export of crude oil from the country. The bill is facing opposition from the White House but lawmakers are supporting it. So far, the legislation, having seen approval from the House
Published Date: September 16
Republicans Oppose the New Safety Rules for the Oil Drilling Industry
The Republican administration criticized the Obama administration’s move to toughen the norms for offshore drilling. They said the new rules would be expensive for drillers and therefore turn out to be a threat to the oil and gas exploration projects along the national coasts. The Interior Depart
Published Date: September 16
Slow August for Consumer Goods in the US
The Bureau of Labor Statistics will provide a description of the consumer goods and services sector prices in order to give a full picture of it. The report will be announced before the FOMC initiates a two-day discussion on the 16th and the 17th of September. Analysts surmise that the consumer pri
Published Date: September 15
Bank Crisis Threatens Emerging Markets in China and Brazil
The Bank for International Settlements has warned that credit growth in nations such as Brazil, Turkey, and China will increase bad debt as well as create a banking crisis in the near future. The BIS has stated in a report that a ratio of credit to gross domestic product stands at 25.4% in China. Th
Published Date: September 15
Coca-Cola Completes Presence Across all 10 ASEAN Countries With Establishment of Bottling Plant in Lao
Lao Coca-Cola Bottling, the company formed as a partnership between the companies Lao Firm PT Sole Co. Ltd and ThaiNamthip, the Coca-Cola bottler from Thailand, have recently launched the first bottling plant based at the Lao Peoples Democratic Republic. The inauguration ceremony was presided over b
Published Date: September 15
Kirigami-inspired Solar Panels Demonstrate Better Efficiency
Worldwide, the rising demand for renewable energy is fuelling innovation. We have seen it all – butterfly shaped panels, panels that are transparent, panels that are flexible and mold to an existing structure, etc. Researchers and scientists in the global solar industry are busy finding ways to im
Published Date: September 15
Wireless Lighting Solutions Being Built by Havells to Contribute in Smart City Projects
Looking at the governments venture of developing 100 smart cities, the top electrical goods manufacturer, Havells, is taking a shot at wireless lighting solutions. The CMD of Havells India, named, Anil Rai Gupta told PTI that they are creating advances where the road lights could communicate. There
Published Date: September 15
Audi and Porsche to Increase the Competition for Tesla in the Global Electric Cars Market
The global electric car market is gearing up towards becoming a major automobile battleground since it would soon be showcasing two main glamorous automotive brands namely, Audi and Porsche. The models that have been launched by Audi and Porsche would become major competitors for Tesla Motors, which
Published Date: September 15
Japan South Korea and China Increase Cooperation to Ensure Food Sustainability
Asia Pacific has become an emerging market. This regional market is projected to be the next generation market and is expected to demonstrate robust growth in the coming decades. With the expanding market, the amount of rising disposable incomes of the consumers in this market will grow as well. Thi
Published Date: September 14
Auto Suppliers in Germany Focus on Digital Technology
With technology giants such as Apple and Google working on self-driven cars, the automotive manufacturers such as Daimler AG, Volkswagen, and BMW are under threat. However, the German car makers are looking at the rich prospects offered by the rapidly growing wired-car industry. This has opened new
Published Date: September 14
Construction industry Exhibits Sluggish Rate of Growth: Ulster Bank Construction Purchasing Managers Index
The construction sector has observed a sluggish growth in the rate of activity in August; the condition persists for the second month in a row. In the Ulster Bank Construction Purchasing Manager’s index, the reading for the month of August came down to 56.5 from a reading of 59.1 in July. A r
Published Date: September 14
Weak Manufacturing Data - the Reason Behind Chinas Stock Slump
China’s stock reached its lowest in the last three weeks on Monday, after lukewarm report over the weekend suggesting that the second largest economy in the world is slowing.  The index at Shanghai Composite dropped more than 4 per cent when trading pulled back to close down at 2.7 per c
Published Date: September 14
Chinas Economic Slowdown Swallows Manufacturing Boom in Guangdong
Leading manufacturers of industrial robots located in the southern province of Guangdong, which is the manufacturing hub of China, are witnessing decline in profits as the demand for products dwindle in tandem with the economic slowdown in the country.  A senior salesman working for LXD Roboti
Published Date: September 14
Oil Reaches US$45.92 per Barrel up 4.0%
Oil prices were up 4.0% on Thursday while traders spent most of their attention on the growing demand by the U.S. for gas. The demand had overtaken the large surplus storages of U.S. crude oil inventories. The weakening dollar additionally created affording space for the dollar-denominated crude to
Published Date: September 11
Global Healthcare Companies Advance to Tap Indian Market
For almost two years, Parkway Pantai has been delaying the opening of its 450-bedded hospital in India. The Singapore based medical company’s pursuit to leverage opportunities in one of the fastest growing healthcare markets has been waiting for necessary pursuits. Parkway, which is a unit of
Published Date: September 11
IoT will Soon Transform the Electronics Landscape
Leading market researchers are pushing huge explosion of connected devices for the IoT (Internet of Things). Smart electronics OEMs are seeking for markets to provide huge demand for new services and products.  All these companies are further expecting to enhance their own businesses with simi
Published Date: September 11
Wellington Projects Being Supported by Construction Firms in China by Signing an Agreement
Two Chinese improvement gatherings have joined to supporting a string of major Wellington ventures, including the tradition focus, Shelly Bay andnew lodgings in the city. In the meantime the Mayor of Beijing needs to build up a yearly football installation between the two capitals. On Thursday Beiji
Published Date: September 11
Canada Housing Construction Sector Develops Faster in August, Driven by Multi-units Projects
The housing construction sector in Canada developed faster in August, especially in Ontario and other multi-unit projects. With a 19.5% growth, the Chinese housing construction industry is set to grow rapidly in coming few months. According to the Canada Housing Corporation and Mortgage, the yearly
Published Date: September 10
Marinus Pharma Competed End-of-Phase 2 Meeting with U.S. FDA Successfully
Marinus Pharmaceuticals Inc., a U.S.-based biopharma company that develops innovative therapeutics for the treatment of epilepsy and neuropsychiatric diseases has announced the successful completion of the End-of-Phase two meeting with the U.S. FDA on Sep 09th, 2015. The meeting was aimed at obtaini
Published Date: September 10
IoT to Drive Innovation in Renewable Energy Sector
The renewable energy sector is growing remarkably in both developing and developed nations. Countries are getting ambitious and upping their targets for renewable energy capacity. This shows how much the renewable energy sector is growing. Companies and nations are adding up to their capacity by inc
Published Date: September 10
More than US$70 bn could Spend on Indian Defense Electronics Market
The Indian defense electronics market has the potential to earn opportunities that total to more than US$70 bn. These opportunities, spread out over the next 15 years, could be what the Indian firms related to defense production were looking for. The summation was made in a white paper published by
Published Date: September 10
China to extend its Construction Industry by Cutting Small Business Taxes
China is willing to adopt strong fiscal policies in order to support the growth of construction industry in Beijing. The China government is planning to boost the small construction companies by lowering taxes and encouraging private capital investments in key areas. Global construction market was i
Published Date: September 10
China to Step Up Construction Projects
China will be adopting a much stronger fiscal policy framework in order to support its growth, Beijing reportedly said as it works to calm growing fears surrounding the second largest economy in the world after the financial turmoil in overseas as well as domestic markets.  The Chinese governm
Published Date: September 09
Construction Employment in US Highest Since Feb '09
Construction employment in the United States reached a total of 6.39 million workers in the month of August, the Associated General Contractors of America trade association said on Wednesday. This was reportedly the highest employment figures in the country since the February of 2009. The Associate
Published Date: September 09
Google May Soon Launch its Online App Store in China Market
Several of Google’s services in China are blocked. However, Google is now communicating with authorities in China and several smartphone makers on opening up an online store in China which will be equipped with applications for mobile devices that are Android powered, according to the Wall Str
Published Date: September 09
Renewable Energy Bodies Supplement AU$350 mn for Large-scale Australian Solar Farms
About ten new solar farms have been planned to be built across the plains of Australia using an AU$350 mn funding provided by two government bodies related to renewable energy. The support arrived right after the creation of the largest solar farm in the southern hemisphere, situated in New South Wa
Published Date: September 09
TeleCommunication Systems Inc., to Showcase Location-based Services at CTIA
TeleCommunication Systems Inc., a leading company offering highly reliable and secure telecommunication and wireless technology solutions, recently announced that the company is planning to display its location-based services at CTIA. The announcement was made in Las Vegas, that TeleCommunication Sy
Published Date: September 09