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Latest Industry News

Will Healthcare M&A Live Up to its 2015 Record?
Last year, health care mergers and acquisitions amounted to an estimated US$550 billion in deals, recording more than three times its previous annual estimate. However, seeing that anything close to that number is a massive challenge to achieve, mergers and acquisitions in the health care industry a
Published Date: January 04
Europe's Efforts to Develop Sustainable Healthcare Put into Gear
Over the next several years, a European drug research consortium is planning to put in over US$ 5 billion to apply big data techniques so as to speed up clinical drug trials and develop an overall sustainable health care delivery system.  The Innovative Medicines Initiative, through a program titl
Published Date: January 04
2015 Proved Lucrative for Ferroalloy Producers
The global ferroalloy market is witnessing an immense surge in market valuation, thanks to the increasing demand for steel across the world. The rise in the construction industry, triggered by rapid infrastructural development, in BRICS nations has also fueled the demand for ferroalloy to a great ex
Published Date: January 04
Technological Advancements to Drive the Growth of Global Pain Management Devices Market in the Next Few Years
The introduction of pain management devices has proved to be a blessing in the medical world. These devices consist of different therapeutic products that are required to relieve pain. Pain management devices comprise various therapeutic products used to relieve pain. These devices are very benefici
Published Date: December 31
LG Vows a Host of Tech Possibilities in 2016, Curved Televisions Set the Benchmark in 2015
With the buzz for 4K ultra HD TV growing, new design trends and standards are grounding firmly. One of them, until recently, is the lean towards ownership of televisions with a slight concave curvature on the screen. However, the big question spawning debate among consumers, product manufacturers, a
Published Date: December 31
From Sunrise to Sunset: How Wearable Technology will Take Over our Lives in 2016
Over the next 12 months, wearable technology is expected to make a huge splash. Right from waking up in the morning till going to bed at night, these devices are likely to blend into our daily routine. Wearables such as FitBit, the Apple and Samsung smartwatch, and Google Glass made news in 2014. Le
Published Date: December 31
Cell Phone-Enabled Diagnostics Market Sees Lucrative Prospects in Developing Nations
Developing countries worldwide are looking to build advanced healthcare systems that will be easily accessible across urban and rural population. Rapid proliferation of smartphones around the world, has provided the healthcare industry with a viable option of making quality healthcare services acces
Published Date: December 30
Rising Occurrence of Chronic Medical Conditions to Boost Global Pain Management Devices Market
Electric currents, radiofrequency ablation, and minimally aggressive procedures such as neurostimulation are some of the ways to control the pain. Pain management devices include various therapeutic products that are used to relieve the pain. These pain management devices are advantageous for treati
Published Date: December 30
China Leading in Small Hydro Power (SHP) Installations in APAC
The global small hydropower market is projected to witness steady growth in the coming few years. This is driven by the rising demand for energy around the world. Furthermore, hydropower is a clean source of energy as compared to conventional fossil fuel generated power. Hydropower stations once bui
Published Date: December 30
Risks and Scope of IoT in the Healthcare Industry
Since the past few years, the tech companies have left no stones unturned to radically promote 4G-enabled devices across different sectors of an economy. The recent developments have made it evident that people today are residents of a world witnessing dynamic technological revolutions. However, a m
Published Date: December 29
Key Challenges of Alternative Energy Sector
The global alternative energy market is growing steadily. Certain sectors of the global alternative energy market such as wind and solar have shown strong growth in the past few years. On the other hand, other alternative energy markets such as wave and tidal and geothermal are still lagging behind.
Published Date: December 29
Growing Energy Conservation Policies to Propel Global Energy Efficient Windows Market
High-quality energy efficient windows, made up of gas fills, coated glass, improved frames, and spacers are commonly used by the leading players in the construction industry. The feature of increasing energy efficiency of the buildings by reducing consumption of energy makes these energy efficient w
Published Date: December 29
Ban on Nonylphenol Ethoxylates (NPE) in EU Renewed: Is it so Easy for Textile Industry to Bid Adieu to the Omnipresent Chemical?
The global market for textile chemicals manufactures and markets chemicals used in a variety of manufacturing and processing activities in the textile industry. Textile chemicals help optimize and improve the manufacturing process and endow the final product with a desirable appearance or a specific
Published Date: December 28
The Most Innovative Medical Technologies of 2015
A look at this past year in terms of medical technologies affirms the notion that these are truly revolutionary times. Fascinating and exciting technologies are being developed and introduced at a regular basis by universities, small and large companies, and several independent groups. Scientists, r
Published Date: December 28
Are Apple Devices Immune to Malware?
Compared to the other leading companies in the market such as Android and Windows, the number of threats targeted at Apple operating systems has been quite low. However, in recent years, this number has grown steadily, along with the level of malware infections. This only goes to show that no techno
Published Date: December 28
December Deadline for Installation of Set-Top Boxes to Boost Set-Top Boxes Market in India
Proliferation of interactive features, along with increasing digitisation of broadcasting services across the globe has boosted the demand for set-top boxes. The global set-top boxes market has witnessed moderate growth in the past couple of years owing to rising adoption of hybrid set-top boxes in
Published Date: December 28
A Recap of the Indian Healthcare Industry in 2015
The health care sector in India has witnessed yet another year of steady growth as drug makers attracted many private investors and made bold bets abroad despite the drug regulator riling them.  The health care industry in India is known for its counter-cyclical characteristics and this year was n
Published Date: December 24
Proper Refrigeration Temperatures Important for Deli Meats, Lack of Facilities Pave Way for Food Myth in Developing Countries
Whether piled on a party platter or on sandwiches, deli meats are all time favorites of Americans. Often known as “cold cuts”, the meats are pre-cooked and are either pre-packaged or made into slices at the deli counter of a grocer.  Nevertheless, there are stringent packaging and refrigeratio
Published Date: December 23
Key Trends Witnessed in Renewable Energy Sector in 2015
In the past two decades, the renewable energy sector has gained significant momentum. However, in the past 5 years, we have seen a dynamic growth of the global renewable energy sector. The renewable energy market has enjoyed significant growth in several regions of the world. Let us look at the most
Published Date: December 23
Changing Trends in Medical Device Technologies to Drive Global Medical Equipment Market
The global medical equipment market is expected to expand rapidly due to factors such as changing trends in medical devices, advanced technologies in medical imaging procedures, and the introduction of innovative devices by the leading players. The increasing prevalence of chronic diseases is expect
Published Date: December 23
Increasing Demand for Mobile PoS Terminals to Fuel Global Point-of-Sale (PoS) Terminals Market
The global market for point-of-sale (PoS) terminals has witnessed an impressive growth in recent years. The increasing trend of plastic money has triggered the adoption of PoS terminals in the retail, entrainment, healthcare, hospitality, and various other industries, strengthening the PoS market in
Published Date: December 23
Digital Forensics Market in China to Witness Extensive Demand Due to Increased Computer-Based Frauds and Crimes
Digital forensics is a branch of forensic sciences which is involved in extracting and identifying evidence from digital devices or media including mobile phones, media storage cards, and computer hard drives. The increased use of computers to commit frauds and crimes are boosting the use of digital
Published Date: December 22
PRP Market in Asia Pacific to Report Highest Growth Rate in Future
The global market for platelet rich plasma (PRP) has experienced an immense rise over the past few years. The rising incidence of orthopedic diseases as well as sports injuries has propelled the need for surgeries, which has resulted in a surge of demand for PRP therapies. The increasing demand for
Published Date: December 22
Andritz Bags Two Hydropower Contracts worth US$55 mn
Small hydropower provides renewable source of electricity which can be used both on-grid and off-grid. Increasing demand for electricity has propelled the growth of the global small hydropower market. Small hydropower is built either with the flow of river or with the help of existing dams. Turbines
Published Date: December 22
Proposal to Store ANPR Records Up to 10 Years Faces Criticism in England
Automatic number plate recognition (ANPR) is particularly helpful for traffic management. In traffic management applications, ANPR is used for speed enforcement, red light control, and congestion charging. Vehicle parking is expected to be the most promising application segment in the global automat
Published Date: December 22
Applications of Nanoclay in Tackling Pollution to be Tested in Iran
Nanoclays, the nanometer-scale thick particles of layered mineral silicates, are extensively used in industries such as paints & coatings, automotive, aerospace, packaging, marine, and flame retardants. Several classes of nanoclays, such as hectorite, bentonite, montmorillonite, halloysite, illite,
Published Date: December 22
Impact of Falling Oil Prices on Key Importing and Exporting Regions
Oil prices have declined sharply in the past seven months. This has led to many revenue shortfalls in the global oil market. Oil prices remained stable from 2010 to the mid of 2014. However, now the price of Brent crude oil have declined drastically and are noted at US$50 a barrel for the first time
Published Date: December 22
Another brighter Side of Biofuels – Healthy Planet and Healthy You
In the U.S., a new rule by the Environmental Protection Agency orders that 18 billion gallons of biofuels need to go into transportation fuel supply in 2016 in the country. Referred as the Renewable Fuel Standard (RFS), the mandate has only been a disaster. The only sensible part of the mandate is m
Published Date: December 21
Frozen Foods Prepared with Organic Ingredients to Propel Global Frozen Foods Market
The global frozen foods market is on the verge of steady yet constant expansion. Frozen foods made from organic ingredients are expected to propel the global frozen foods market in the next five years. Frozen foods offer convenience to the working class and thus are being globally adopted. Frozen fo
Published Date: December 21
Bright Future Ahead for the Dairy Products Market, Creative Product Innovations Playing a Key Role
The market for dairy products is amongst the most dynamic markets globally. These products include a wide range of products including yoghurt, cheese, buttermilk, lactose-free milk, and ice-cream, among others. Owing to the launch of functional dairy products, the dairy industry is predicted to expe
Published Date: December 21
Asia Pacific Leads Global Plastic Packaging Market
The pressure to raise the appeal of products has drawn the focus of producers towards innovative packaging, driving the growth of the global plastic packaging market. The rapid development in various end-use industries such as food and beverages, consumer electronics, pharmaceuticals, and many more
Published Date: December 21
Indian Government Soon to Delink Medical Devices from Pharma Industry
The Modi government in India is planning to delink the medical device industry from the pharmaceutical sector. The strategy is aimed at giving impetus to the ‘Make in India’ plan in the medical sector as well, as revealed by the people privy to the development.  The Central Drugs Standard Cont
Published Date: December 18
Tiniest-ever LED Probes Could Aid Research in Neurological Disorders
The market for LED lightings, featuring the light emitting diodes-based lights which have revolutionized the global lighting industry by their excellent life span, energy-efficiency, and low heat dissipation, is ripe with technological innovations. The market is known to launch increasingly innovati
Published Date: December 18
Top Collaborations in the Medical Device Industry in 2015
This past year has been truly interesting with a slew of collaborations in the medical device industry. The growth of healthcare and the introduction of innovative technologies have resulted in major partnerships in medtech sector, allowing companies to achieve what they could not have on their own.
Published Date: December 18
Hollywood Blockbusters Setting High Records on the Sales Figures of Varied Food Merchandise
Capitalizing on the buzz around the Star Wars sequel – the Force Awakens, some of the popular food and beverages brands have launched a wide range of ‘limited edition’ merchandise including cereals, chips, biscuits, cakes, and more. The food and beverage industry across the globe is enjoying i
Published Date: December 18
Top Trends Driving Global Footwear Market
The global footwear market saw diversified trends across various geographical regions in the recent past. The introduction of new designs of footwear, changing lifestyles, ability to spend, and awareness about active lifestyle are the factors expected to propel the global footwear market in the year
Published Date: December 17
Want to Book an Uber? Facebook to the Rescue
Facebook’s popular Messenger app has been gaining a lot more attention off late, thanks to the company building more value into the application with a host of new features. The latest is partnering with Uber. Users can now request an Uber ride from Facebook without leaving the app. Product manage
Published Date: December 17
Has Twitter Delivered on its Promise of Product Renaissance?
When Jack Dorsey returned to the CEO seat at Twitter in October this year, he promised that he would bring about a product revival in the rather beset microblogging platform. However, apart from its savvy feature called Moments, users, observers, and investors are not too impressed. They demand chan
Published Date: December 17
Nuclear Power Market to be affected by Slowly Increasing Radioisotope Pollution across Oceans
In recent times, nuclear power has emerged as one of the best bets for countries to fulfil their energy needs. The United States is the largest producer of nuclear power across the globe and accounts for over 30% of nuclear generation of electricity worldwide. Data released by the World Nuclear Asso
Published Date: December 17
Government Initiatives in Taiwan to Boost Solar LED Products Market
Though increasing awareness about solar energy has led to adoption of solar LED lights, the market share of solar LED products in the global architectural LED products market is quite small. The market is flooded with conventional LED products and the products are expected to hold around 93.7% marke
Published Date: December 17
Hospitals are not the Only Ones Suffering from Health Data Theft
When it comes to losing personal health data through hacking or any means of cyber theft, hospitals are naturally the most vulnerable targets. In recent times, health care companies across the world have become targets of cyber attacks. For instance, this year Excellus, UCLA Health Systems, and Prem
Published Date: December 16
Here’s What 2016 will bring to the Health Care Sector
Telemedicine, increasing medical costs, and drug prices are the key trends that took over the health care sector in 2015, and analysts and experts believe that these will continue to impact the global industry in the coming year as well.  The industry is trying to cope with the increasing burden o
Published Date: December 16
Government in Australia Considering New Regulations for Cosmetic Surgery Clinics
Cosmetic implants market has witnessed a boom in the past couple of years with growing awareness about aesthetic appearance and introduction of new surgical devices. Facial implants, dental implants, breast implants, and others including calf, penile, and buttock implants are key application segment
Published Date: December 16
Mexico Plans Auction of Deep-Water Exploration Blocks amid Growing Water Management Requirements in Oil and Gas Industry
With increasing scarcity of water, water management in oil and gas industry has become crucial. The global water management market for oil and gas industry is expected to grow considerably with emergence of wide-scale development of shale resources for oil and gas production. Multi-stage fracturing
Published Date: December 16
Strategic Collaborations Attracting Biopharmaceuticals Manufacturers for Business Expansion
The global biopharmaceuticals market has been posting an impressive growth since past few years. The high efficiency with minimal side-effects of biopharmaceutical drugs has boosted their popularity across the globe, grabbing the attention of major players operating in the pharmaceutical industry. A
Published Date: December 16
Delaying Motherhood is Now Officially Okay
For as long as we have known, doctors and researchers have stated that the fertility of a woman decreases as she ages. Now while that is still true, a new study has shown that delaying motherhood can actually be better for a woman’s health.  The growing pressures of modern life and increased foc
Published Date: December 15
How EU Aims to Strengthen Recycling Efforts
Over the past two decades, there has been an upward trend in recycling performance in the EU, according to the Alliance for Beverage Cartons and the Environment (ACE). The group has found that carton recycling has been witnessing a steady rise in the United Kingdom as well as in the new EU member st
Published Date: December 15
LTE Technology in Asia Pacific Developing Rapidly Owing to Growing Demand from China and India
Long term evolution, better known as 4G LTE, has emerged as the most preferred wireless communication standard for high-speed data. With healthy development of industrial networks, e-commerce, and internet banking, 4G LTE market is bound to boom. In fact, countries such as China are focussing on res
Published Date: December 15
New Recommendation for Cervical Cancer Diagnostic Test Confuses Healthcare Providers
As the third most common cancer among women, cervical cancer accounts for around 300,000 deaths annually. The deadly yet preventable disease is the second most common cause of cancer-related deaths across the globe. Early detection of cervical cancer reduces the chances of death considerable. Diagno
Published Date: December 15
Is Natural Gas Storage Market in U.S. Flourishing at the Cost of Environment?
In recent times, the demand for natural gas has increased considerably due to energy security concerns. As exploration, production, and transportation of natural gas take a considerable amount of time and effort, the storage of natural gas in underground storage facilities and above-ground tanks is
Published Date: December 14
Hello Goodness! How PepsiCo Hopes to Attract Healthy Eaters with Revamped Vending Machines
At the Beverage Digest Future Smarts Conference in New York City on Monday, PepsiCo announced the launch of “Hello Goodness”, a state of the art food and beverage vending machine. What makes this vending machine so special is that it includes only healthy products. Soaring health concerns and a
Published Date: December 14
Latest Trends Impacting the Pet Care Market: Rising Pet Ownership and Premium Quality Products
The global pet care market is predicted to witness a constant growth in the coming years. The pet care market is majorly fuelled by changing cultural and socio-economic factors that have resulted in domestic pets being regarded as family members. This has increased spending from simple food to premi
Published Date: December 14
Adoption of Apple Pay in Australia Challenged by Local Banks
The trend of mobile banking is shaping the dynamics of the banking, financial services, and insurance sector around the world. In the past decade, a growing number of traditional banks have introduced their online banking platforms. Furthermore, a large numbers of consumers have shifted to online ba
Published Date: December 11
Indian Higher Education Institutes to Have National Rankings by April 2016
A senior government official reported that the Union Ministry of Human Resource Development (MHRD) will present rankings of institutes for higher education in April 2016. While speaking at the National Human Resource Management Summit, Vinay Sheel Oberoi, the secretary at the department of higher ed
Published Date: December 11
China Telecom Gets Average Target Price of US$71/Share
Six brokerage firms has given China Telecom Ltd. a ‘Buy’     rating, reports MarketBeat.com. The company received a ‘Hold’ rating from 3 analysts, while 3 issued a ‘Buy’. The average price target for 12 months has been set at US$71.00 by analysts, who are keeping a watch on the stock
Published Date: December 11
Chinese Electric Car Company to Bid for $1 bn Factory in Nevada
A Chinese billionaire company is set to bet on Las Vegas to win the bid in the electric car segment, expressing its intensions to build $1 bn factory in the region of Nevada. Jia Yueting, the founder of one of the biggest Chinese online video firm announced his plans for final assembly plant for the
Published Date: December 11
As Slowdown Continues in China, Fiscal Squeeze Anticipated to Challenge Xi’s Growth Targets
According to a sizeable minority of economists in China who flag the restraints of traditional policy tools, the pared-back minimum growth rate of the country, still may be too high. Monetary easing strategies adopted by the policymakers have already led to six interest-cuts in the country since the
Published Date: December 10
Coca-Cola Engages Steckhan to look into U.S. Operations
The Coca-Cola Company has appointed Hendrik Steckhan to oversee the U.S operations of the beverage giant. As stated by a Wall Street Journal that was released earlier in the week, until recently the 53-year old executive was serving as the president of the carbonated beverages unit of Coca-Cola in N
Published Date: December 10
Frutarom Takes over Honk Kong Flavors Company for US$17 mn
Ori Yehudai, Frutarom’s CEO recently stated that the company is primarily focused to expand in China and in Southeast Asia, even though the global acquisition campaign of the Frutarom Industries Ltd. continues. The company that is into the production of flavors and spices for the food and beverage
Published Date: December 10
Chinese Construction Firm to Complete Remaining Construction Project of Cross-Kenya Railway Link
A Chinese construction company has planned to complete the contract to build the cross-Kenya railway link. The cross-Kenya railway link is expected to improve the transport connections in East Africa. A leading Chinese construction company was recently awarded the bid to undertake the project and co
Published Date: December 10
Drones to Become Cheaper with New Technology
The global drone market is expected to grow significantly in the coming few years. Drones have been used for the past years for several purposes. They have been used for recreational purposes as toys or have been used by companies or official bodies to provide other services. Many drones in the worl
Published Date: December 09
Chinese Telcos Unlikely to Consolidate in Next Two Years
Chinese telecommunication and wireless companies are unlikely to consolidate in the next couple of years, as the profitability of small firms has not declined to the level where the major players in the industry would be benefitted. Instead, smaller companies or operators are expected to seek more n
Published Date: December 09
Food Sector Gives Much Needed Impetus to Consumer Prices in China
The Consumer Price Index (CPI) in China rose to a tepid 1.5% in November from where it stood a year ago, as revealed in the data released on Wednesday. The numbers exhibited were slightly better than the outcome of a Reuter’s poll, forecasting rise at 1.4%.  According to the latest data, the Pro
Published Date: December 09
U.S.-based Healthcare IT Company eClinicalWorks to Invest US$30 mn in India
The U.S.-based healthcare IT company eClinicalWorks has decided to invest US$30 mn in India as it looks explore the vast growth opportunities in the Indian healthcare industry. Aakash Shah, the Sales Director of eClinicalWorks, said in a statement that the company has decided to start hiring aggres
Published Date: December 09
Energy Storage Fast Becoming a Tangible Target
Energy industry experts are of the opinion that cheapening technologies are going to challenge the current energy system in the near future. The energy storage mega trend is no longer a fantasy. It is quickly becoming a real and achievable goal. In all the technical advances that are revolutionizin
Published Date: December 09
China and the U.K. Collaborate to Monitor Construction Integrity, Operations to Execute from Space
The University of Nottingham in the U.K. and the China Railway Group, which is a huge construction company, have teamed up to develop and commercialize technically advanced techniques in the endeavor to monitor the structural dependency of bridges. With the MoU coming into effect, the China Railway
Published Date: December 08
China to Quadruples Illegal Construction in South China Sea
The satellite images of construction activities in the South China Sea indicate that the Chinese government has commenced construction on three new airstrikes in proximity to the Spratly and Paracel Islands, which will quadruple China’s presence in the maritime territory of high dispute. As per a
Published Date: December 08
World’s Largest Pure-play Coffee Company JAB Holdings Acquires Keurig Green Mountain
The stocks of the home-brewing coffee company Keurig Green Mountain went up 73.26% on Monday after the company made the announcement that it was being acquired by JAB Holding, the investment arm of one of the wealthiest families of Germany, the Reimanns. JAB Holdings is a privately held company tha
Published Date: December 08
Investor Group Buys Keurig Greem Mountain for US$92 per share in Cash
Personal beverage system company Keurig Green Mountain, Inc., has created high benchmarks in the market for beverages. The JAB Holding Company has recently announced that they have finally entered into a stage of agreement to acquire Keurig for US$92 per share. With all conditions realized, the comp
Published Date: December 08
International Monetary Fund to Include Yuan in Reserve Currencies
The International Monetary Fund has confirmed that it will include Yuan in its basket of reserve currencies. The move has fueled the hopes for the further expansion of the Chinese bond market; however, investors are not going to roll over it as the regulation is still very heavy and the direction of
Published Date: December 07
GMO Firm from China to Launch Products Overseas due to Stringent Regional Market Regulations
The genetically modified food sector in the past few years has attracted much negative media attention. Many consumers perceive that genetically modified organisms (GMOs) such as crops are harmful to health. This has led to many companies selling products which are GMO free and organic. However, acc
Published Date: December 07
USFDA Approves Sun Pharma for Gleevec
Sun Pharma might be looking towards a brighter future after a long period of issues. A few brokerages had suggested to upgrade Sun Pharma to a “buy” rating after a 40% slip in the price after the beginning 2015. The United States Food and Drug Association has recently given a nod for Gleevec,
Published Date: December 07
Shortage of Skilled Labor driving up Construction Costs in the UK
A rising shortage of skilled personnel in the construction sector is causing the biggest building contractors in Europe’s capital to turn down half the bidding opportunities in the city. According to a poll of UK construction contractors undertaken by AECOM, a support services company, shortage o
Published Date: December 07
Chinese Private Hospitals to Receive Benefit from Regulatory Relief
With China relaxing its bureaucratic procedures for hospitals that apply for basic medical social insurance, private hospitals will be the biggest beneficiary for a surge in outpatients, as stated by analysts. Recently, a batch of local governments have slashed the administrative approval process t
Published Date: December 04
China to Extend Help to Ebola-hit Guinea Whet Healthcare Capacity
Xi Jinping, the Chinese President recently met his Guinean counterpart, Alpha Conde, and promised to extend help to the West African country, which was once beset with Ebola outbreak, and to strengthen its public health systems. In this regard, Beijing is delighted to see that Guinea has beaten the
Published Date: December 04
OPEC Proposal, Weaker Dollar Propel Oil by Two Percent
There was an approximately 2% hike in crude futures, bolstered by a weakening dollar and a report to a senior delegate from OPEC was sent a proposal that Saudi Arabia would strike a deal that will allow the nation to balance oil prices with help from outside of OPEC. Brent and crude futures rose ag
Published Date: December 04
Climate Change Initiatives will Benefit Energy Storage Sector
Climate change is the new agenda of nations from various continents. The recently announced Mission Innovation focuses on climate change by increasing investment substantially in the startups in renewable energy sector. Many developed companies will be investing heavily to drive this initiative, at
Published Date: December 03
New Banks from Tencent, Baidu, and Alibaba Impacting Finance Sector in China
Around the world, the banking, financial services, and insurance sector is undergoing a transformation due to the latest technology. Furthermore, consumers and banking institutions are now moving towards online banking. The number of physical branches in the western markets has shown dramatic reduct
Published Date: December 03
$3.2 Billion Montenegro-Albania Highway Deal Signed by China Pacific Construction Group (CPCG)
China Pacific Construction Group (CPCG), China’s largest private builder in terms of revenue, recently signed a contract worth $3.2 bn to build an expressway in between Albania and Montenegro. The construction of expressway between Albania and Montenegro is expected to begin in the latter half of
Published Date: December 03
Global Oil Prices Fall to a Seven-year Low Ahead of OPEC Meeting
The claims that the prices of oil in the global market had reached a stable level were vindicated yesterday when right ahead of the meeting of OPEC, the prices reached rock bottom again, to a level that’s the lowest in nearly the past seven years. Brent crude oil plummeted on Wednesday ahead of t
Published Date: December 03
Meat Sector in China Increasingly Investing on Automation
The demand for quality and safe meat products is significantly rising within mainland China. It is discussed during a major industry conference held at Shanghai that how purchases of processing machinery are also increasing in response to the increasing demand for meat products in the country.  Ch
Published Date: December 02
Capital One Completes Acquires Lending Business of GE Capital's Healthcare Financial Services
Capital One Financial Corporation has announced on Tuesday that it had completed the acquisition of the Healthcare Financial Services lending business of General Electric Capital Corporation. The company has said that the newly acquired business will be merged with the healthcare banking business o
Published Date: December 02
Giant Clean Energy Fund Planned by Bezos, Zuckerberg, and Gates
Bill Gates and Mark Zuckerberg have teamed up and announced that they will be creating a substantial fund pool for renewable energy. The two will team up other prominent names and companies from the world of technology and establish a new fund which will be intended solely for clean energy investmen
Published Date: December 02
USA and China to Strengthen their Drugs Supervision Cooperation
Earlier, in November 2015, the 26th USA-China Joint Commission on Commerce and Trade (JCCT) was held in Guangzhou, China where both the countries agreed to enhance their cooperation in drug supervision further. China and USA also planned to enhance their collaboration in the fields of food safety an
Published Date: December 01
15000 Wisconsin Residents Lose Access to Food Stamps under New Law
In the first 3 months, almost 15,000 residents of Wisconsin have lost the access to food stamps under a new law that compels some of the recipients to seek jobs, as per the data provided by the U.S. government. The law has been enforced since April 2015 for participants in FoodShare, the food stamp
Published Date: December 01
Coca Cola Workers Vote for Strike after Talks
The Coca Cola workers in Illinois that are from the Teamsters have voted to hold a strike on Sunday after the consumer goods company allegedly violated laws surrounding worker protection. Multiple federal complaints were enumerated on the 24th of November in the form of allegations. The parties inv
Published Date: December 01
Bill Gates to Drive Research in Mission Innovation
Yesterday, President Obama joined other world leaders to declare Mission Innovation, which aims to aggressively drive clean energy innovation worldwide to address climate change. This initiative involves 20 countries that are committing to increase their respective clean energy R&D investment by dou
Published Date: December 01
Coca Cola to Compete with Amul, Nestle, & Britannia in India's Pure Dairy Segment
Juice and soda maker Coca Cola is planning to take the Indian market by storm, by venturing into the pure dairy segment and competing against industry leaders Amul, Nestle, and Britannia. The Minute Maid juice and Thums Up cola maker is hoping to introduce Vio in India. Vio is a global milk based dr
Published Date: November 30
Sugar Tax Recommended on Beverages in UK to Curb Childhood Obesity
British lawmakers on Monday reportedly stepped up pressure on the UK government to set a 20 per cent tax on sugar sweetened beverages after a publication reported that childhood obesity is linked to the easy availability of unhealthy foods and drinks. In the past, the government had reportedly refus
Published Date: November 30
Leaders Discuss a Plan for Energy Conservation at Paris
Out of the 150 leaders and heads gathered at Paris to discuss the serious problem of climate change leading to global warming Prime Minister US President Barack Obama, Narendra Modi, and Chinese premier Xi Jinping are also pushing for a more realistic and a challenging deal. At the same congregatio
Published Date: November 30
Wage Inflation Emerges as Key Issue in China Manufacturing Sector
A few years back China emerged at the forefront of world map as the second largest economy and the top manufacturers of the world. This exponential rise of China’s manufacturing sector is often attributed to the tens of millions of Chinese workers who agreed to work for more hours at lower wage. 
Published Date: November 30
China Data Fells Oil Prices, Dollar Strengthens
Prices of crude oil dropped on Friday, after the month’s losses held up at just over 8%. The crude prices were felled by disappointing data on Chinese economy and growing concerns regarding the oversupply of crude. A stronger U.S. dollar also added to the oil concerns, as it kept contracts that w
Published Date: November 27
Treating Patients on Blood Thinners with Implantable Device
A new way has been developed to treat patients on blood thinners – one that does not involve medication.  The Watchman is a tiny implantable device, which resembles an umbrella, implanted in the heart.  Dr. Adam Saltzman of Southcoast Health, Rhode Island said that this device helps plug the h
Published Date: November 27
Martin Shkreli Buys Huge Stake in KaloBios Pharmaceuticals Inc.; Company Shares See Unprecedented Rise
Even as Martin Shkreli, the CEO of Turing Pharmaceuticals, has garnered a notorious rush of fame after raised the price of the life saving drug Daraprim from an earlier price of US$13.50 a pill to US$750 per pill in September, his latest involvement in a drug company has surprisingly served well for
Published Date: November 27
Invisible Wires Developed by Stanford Scientists to Boost Solar Cell Efficiency Drastically
Efficiency in the solar industry has grown by leaps and bounds, all thanks to the intensive research and development initiatives undertaken by researchers around the world. The rising efficiency in the solar power market has helped to make solar cheaper and accessible in different parts of the world
Published Date: November 26
Cuba’s Healthcare System Record Impressive: Study
Cuba’s health care system has blossomed despite the decades of trade embargo by the US. This has resulted in a record of major health care metrics that can be compared not only with other nations falling in the same per capita income category, but also with the United States.  Cuba has also reco
Published Date: November 26
Retail Prices of Dermatology Medication Soar
The retail prices of 19 brand name prescription dermatologic drugs have surged by an average of over 400 per cent over the last six years, finds a study. The findings of the study are certain to add to the already growing public upheaval over the soaring prices of drugs and medication. Two of the m
Published Date: November 26
Luxury Jewellery Brand Chow Tai Fook Report 42% Net Drop, China Slowdown Weakens Luxury
The largest publicly traded jewelry chain in the world, Chow Tai Fook Jewellery Group Ltd., has reported that its profit in the first half of the year plunged by 42%, amidst dwindling demand in Macau and Hong Kong. The economic slowdown in China has weakened the sales of luxury retailers, as stated
Published Date: November 25
Luxury Brands Nike, Burch, and Lululemon adopt Age-old Adhesive Technology
The patented adhesive technology of a 105-year old firm from Shirley, Massachusetts is being adopted by apparel and luxury goods manufacturer such as Nike, Lululemon, Tory Burch, Coach, Athletica, among others. Founded in 1910, Bemis Associates is a family0run business that is into the manufacturin
Published Date: November 25
UK Automotive Sector Requests Government to Continue its Support with Investments
Gareth Jones, president of the Society of Motor Manufacturers and Traders (SMMT) stated that the automotive sector in UK needs support from the government to help the successful industry maintain its strong foothold in Britain. Currently, the automotive sector is supporting Britain’s resurgence as
Published Date: November 25