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Export market in New Zealand driven by innovative and high-value food products
Jul 29, 2014  
Demand for beverages and high value foods in Asia are driving the food and beverage industry in New Zealand. Also there is high demand for dairy products, seafood, meat and processed foods in the Asian economies which fuel the give an export boost to the economy of New Zealand.  Asia has a rapidly growing market for food which in turn i...
Sony plans revival of PlayStation with network services
Jul 29, 2014  
After a nearly USD 10 billion loss over the last six years, Sony Corp has plans of reviving its consumer electronics hero – the PlayStation. Sony will be repositioning the video game console as a center of streamed network services such as social media, music and movies apart from games. The matter is still in its infancy stage of discuss...
OnePlus One ready to launch it smart phone in India
Jul 28, 2014  
Chinese smart phones are gaining popularity in the Indian market. OnePlus, a Chinese smart phones company, is ready to launch the invitation-only One smart phone in India.  Many Chinese smart phone brands have got inspired by the success of another smart phone brand called Xiaomi which had successfully launched the Mi 3, a smart phone i...
Danone all set to sell its business to Hospira
Jul 28, 2014  
According to the Financial Times, Danone, a French dairy group is aiming at selling its business pertaining to medical nutrition to Hospira, a US group. The deal value is estimated at $ 5 billion.  The plan is still in the pipeline as nothing with respect to the business is fully confirmed or certain. Representatives of neither business...
At a USD 62 Price Tag, the Karbonn A50S Smartphone Could Challenge Likes of Apple and Samsung in India
Jul 28, 2014  
A USD 62 smartphone launched in the Indian market by Karbonn could signal stiff competition for behemoths such as Apple that makes the iPhone and Samsung, known best for its Galaxy smartphone range. The Karbonn A50S, which has been officially launched in India, can also be ordered by customers outside of the country via online stores, and de...
Tablet overall sales up 11% in Q2; Lenovo, Asus big gainers
Jul 28, 2014  
The sale of tablets in the second quarter of 2014 went up 11% from a year ago, selling 49.3 million devices. However, the number is 1.5% lower than that from the previous quarter. A survey conducted by IDC, a market research firm, suggests that while the overall sales went up, Apple and Samsung both lost market share in the March-June period. H...
Loss recorded due to heavy investments carried out by Amazon
Jul 25, 2014  
Amazon.com Inc has been investing in newer businesses like consumer electronics and digital content, due to which it has been running into losses for some time now. The loss recorded in the second quarter was by far the highest. In 2014, the stock prices have dropped by 10% with reduced investor confidence in the long term growth investments...
LG Electronics To Invest Huge Capital in R&D Project in South Korea
Jul 25, 2014  
LG Electronics Inc will invest USD 1.26 billion in the construction of a new research and development unit in South Korea’s capital city Seoul. The facility is said to be part of LG’s Science Park project. The 170,000 square meters site will be built in Magok, Seoul and work is expected to begin from August. Once the construction is...
Russian Consumer Protection Agency Seeks ban on Some McDonalds Products
Jul 25, 2014  
A lawsuit has been filed in a Moscow court by the Russian consumer protection agency to seek ban on some products from McDonald's Corp's burgers menu, along with its ice creams and shakes menu.  A regional branch of the agency has recently filed a lawsuit asking the court to declare a ban on some products due to some inappropriateness i...
High-sodium Diet Increases Risks of Cardiovascular Diseases in Type 2 Diabetics
Jul 24, 2014  
A new research has found relation between the amount of salt in diet of diabetics and their chances of suffering from cardiovascular diseases. The research has stated that diabetics who have a high-salt diet are on a higher risk of having a chronic heart disease as compared to the ones who eat less salt.  The study’s findings prov...
Strides Arcolab Bags USFDA Approval for Transplant Drug
Jul 24, 2014  
Indian pharmaceutical company Strides Arcolab has received the approval of the USFDA to sell its transplant drug Tacrolimus in the US market. The capsule is an immune-suppressant that is used for preventing organ rejection that may occur in transplant surgeries of organs such as kidneys, heart or liver in some patients.  USFDA has allow...
Chinese manufacturing gauge gets a hike after months
Jul 24, 2014  
China manufacturing gauge has climbed to its 18-month high this month, which has boosted the government’s chance of meeting the target for economic growth set for 2014, by a percentage of 7.5. The Purchasing Managers Index (PMI) preliminary from Markit Economics and HSBC Holdings Plc was at 52.0 and its has topped the 51.0 median estim...
Paracetamol doesn’t speed recovery or reduce low back pain: Study
Jul 24, 2014  
Paracetamol, which has long since been prescribed as a painkiller for severe low back pain, is no better than placebo; findings of a recent study in Australia have shown. The trial that was published on Thursday found that the universally recommended painkiller neither speeds recovery nor reduces the pain. Paracetamol is merely acts as ...
New Zealand feeds Asian hunger for food and beverages
Jul 24, 2014  
A report published by New Zealand Government, ‘What does Asia Want for Dinner? Emerging Market Opportunities for New Zealand food & beverages in East & South East Asia’, states that the whole of Asian food and beverages market have been a great driving force for New Zealand (NZ). This demand has expanded New Zealand&rsquo...
Manufacturing sector sees an 18-month high in China
Jul 24, 2014  
According to a survey conducted by HSBC, the manufacturing activity in China has seen the fastest growth in the past 18 months ending July 2014. This is a sign that the country’s economy is now stabilizing. The purchasing manager’s index or PMI, which is a measuring unit for the sector’s growth, showed a rise of 52 in July ...
Indian Government proposes plan for SEZ in Iran and Myanmar
Jul 24, 2014  
Government of India plans to setup SEZ or special economic zones for the Indian chemical industries in both, Iran and Myanmar. However, the idea has been mooted by the Ministry of Chemicals and Fertilizers stating it to be reverse SEZ. The Union Minister of Chemicals and Fertilizers, Ananth Kumar said that he would come up with a plan in a m...
Fur seals of Antarctica affected by climatic pressures
Jul 24, 2014  
According to scientists, the fur seal population in Antarctica is getting affected due to global climatic changes. It has been observed that the female population of this species is born smaller in size and there are some changes even taking place in their genetic structure. Severe climatic changes have also reduced the supply of krill &ndas...
Early Treatment to Cure HIV virus Might not be Effective
Jul 23, 2014  
According to a research study, the virus of AIDS, HIV has the capacity of creating invulnerable strongholds in the host’s body rapidly. This has dashed hopes of early treatment for the condition, which might have been helpful to cure the virus. In one case, a baby was thought to be cured with the new treatment after its birth, how...
Pharmaceutical Companies in Europe to Share Deprioritized Compounds for Medical Research
Jul 23, 2014  
Seven leading drugmakers in the UK have decided to share their unused experimental medicines with British researchers involved in academic research. This move is seen as an effort to deepen relations between the pharmaceutical industry and the community of scientists in the country. The new partnership between the seven pharma companies...
Xiaomi Broadens Line-Up With Bigger Screen Phones
Jul 23, 2014  
Targeting the market of larger mobile phones, Xiaomi Corp. is all set to launch a 5-inch screen smartphone next week. The smartphone maker that beats Apple Inc. in China in terms of sales is broadening its line-up of electronic devices in order to challenge Samsung and Apple who dominate the market in developed countries such as the U.S. Apple ...
Sony To Invest USD 345 Million In Image Sensors
Jul 23, 2014  
Sony Corp plans on investing USD 345 million in image sensors in its smartphones and tablets to enhance front-camera experience as the ‘selfie’ trend goes viral. Two CMOS sensors manufacturing factories will see an increase in production. These units – Nagasaki and Kumamoto Technology Centres – are based in Kyushu, an is...
Healthcare industry takes a cue from Nike Fuelband vending machine
Jul 23, 2014  
Nike has launched its new vending machine in New York City for its Fuelband. Nike is waiting for its Fuelband users to engage in extra activities such as, scan their wristband and win shirts, socks, hats, or other Nike gears.  Nike contemplates it as a cool and interesting experiment for grabbing people’s attention to prove that t...
Four R&D semiconductor joint labs launched by A*STAR IME
Jul 23, 2014  
The Singapore government has taken the initiative of launching four research laboratories in the quest for enhanced innovation and world-class hub for the semiconductor industry, on Wednesday, July 23.  The key partners involved in this collaboration are, DISCO, Nikon, Applied Materials, KLA-Tencor, Dai Nippon Printing, Panasonic Factor...
Typhoon Rammasun hits Yangjiang, Guangdong province
Jul 22, 2014  
The largest typhoon to hit the southern part of China in forty years has resulted in death of 17 people after wreaking havoc on Philippines. The typhoon Rammasun has resulted in deaths of eight people on the island of Hainan. Many people are recorded missing and nine of these from the Guangxi region. This typhoon caused landfall on Frid...
Allergan to Slash 1,500 Jobs Amid Fighting Valeant Bid
Jul 22, 2014  
Allergan, best known as the maker of Botox, has announced plans to slash 13% of its workforce, which means that 1,500 employees will be facing the axe. Allergan said that the massive layoffs are in an effort to make the company more productive and efficient. The company, based in Irvine, California, said Monday that nearly 250 vacant po...
Netflix Surpasses Projected Earnings in Second Quarter of 2014 with Double the Profits
Jul 22, 2014  
Netflix, the internet video services provider, has reported that its earnings in the second quarter more than doubled. The company attributed this spike in earnings to the success of new episodes from one of its highly successful series. This has helped Netflix’s customer base to reach higher than 50 million worldwide – highest ever...
Oil deal between China and Venezuela
Jul 22, 2014  
Venezuela and China have come together and signed mineral and oil deals. Some very significant deals with Brazil and Argentina have already been signed by Mr. Xi Jinping, the Chinese president. The next country, with which he will sign a deal with, is Cuba.  Mr. Xi has agreed to pay a currency swap valued at USD 11 billion to Argentina ...
Malaysia Airlines most Likely to be Delisted after Ukraine Disaster
Jul 22, 2014  
With two major disasters hitting Malaysia Airlines in four months, it could possibly be heading towards a delisting. The two options staring Malaysian Air are either going private with Khazanah Nasional Bhd taking it under its wings, or declaring bankruptcy. Both options will eventually lead to the airlines being delisted. If Malaysian Air deci...
Deadly plague hits Western U.S. state, four cases identified
Jul 21, 2014  
The deadly plague that was reported in Colorado last week, has affected three more people in the state, taking the number to a total of four cases. The pneumonic plague has been stated to be the deadliest detected in the state in a decade. While the man originally infected with the plague has been hospitalized, two of the new cases have also co...
Bright future for babies with new safer IVF
Jul 21, 2014  
According to doctors in U.K., 12 babies were born using a safer method of getting eggs for use in IVF treatment. Kisspeptin, a naturally occurring hormone is used for stimulating ovaries of women to produce more eggs. A report in the Journal of Clinical Investigation stated that the pregnancies show that the hormone has been a success a...
Rise in Complaints About Doctors in Social Media
Jul 21, 2014  
A report commissioned by the General Medical Council states that there has been a rise in the complaints against doctors. This displays that social media and press coverage paints a negative picture of the medical profession. Complaints made by the public against doctor have doubled between the period of 2007 till 2012. A research team ...
As U.S. and EU Mull Trade Sanctions on Russia, Implications for Metal Industry are Grave
Jul 21, 2014  
As speculations and concerns of European Union and U.S. sanctions on the trade of non-ferrous metals with Russia loom, the effects are expected to be significant, given the volumes of metals being traded. According to latest trade data, if the sanctions are stringent, the implications of the same may be far-reaching. Sample this...
Early treatment of HIV may not stop it from spreading - a study reports
Jul 21, 2014  
It had long been thought that early medications may help in stopping the HIV virus from spreading in human bodies. A recent study substantially negates this notion. The study has, in fact, found that HIV virus is capable of forming an impenetrable grip in the body, crashing the hopes of curing the virus with early treatment.  The r...
GSK Confirms Firing Staff in 2001 for Corruption
Jul 18, 2014  
GlaxoSmithKline has confirmed firing of 30 staff members in accordance with the investigation procedures for a corruption scandal that emerged 12 years ago. These staff members are considered to be responsible for bribing and taking kickbacks from several officials right from doctors to hospitals in 2001. Those dismissed, belonged to the GSK's ...
China Experiencing Falling Real Estate Prices and Relaxation of Property Curbs
Jul 18, 2014  
China is experiencing a decline in real estate prices currently. This is the result of a deliberate attempt by developers to increase the volume of sales by cost cutting. The city of Hangzhou has recorded the maximum decline in real estate prices amongst the other cities. The prices have consistently been declining since June 2012. However, the...
According to United Nations Aids agency, the AIDS epidemic can be controlled in the next 16 years
Jul 17, 2014  
The UN Aids agency has reported that the number of people affected by AIDS in the year 2013 had declined as compared to those in the year 2001. And if there is consistency in this trend, this epidemic can be controlled effectively by the year 2030. 38% fewer cases of AIDS were reported in 2013. This is due to the phenomenal effect of the drugs ...
Apple IPhone Security Risk for China
Jul 14, 2014  
China’s state broadcaster has termed a new function of Apple Inc’s iPhone a “threat to the country’s security”. The iPhone’s ‘Frequent Locations’ application can track user locations and their time stamp and state media has criticized the smartphone function saying if data were to be accessed, it ...
A research study says that one out of three cases of Alzheimers disease can be prevented
Jul 14, 2014  
A research study from the University of Cambridge states that one out of three cases of Alzheimer’s disease is preventable. The major risk factors for this disease are smoking, depression, poor education, and lack of exercise. A research done in 2011 placed the estimate of one in two cases. However, the new research study takes into co...
Market for Mining-Water Treatment Projected to Double to USD 17 billion
Jul 14, 2014  
According to a research report published this week, the market for treating water for hard-rock mining operations is projected to register an 85% annual growth to reach USD 17 billion by 2019. Much of this growth is attributable to the growing demand for treated water for mining metals such as copper, gold, nickel and iron. These figures were r...
Legal Action Taken by Citic Resources to Recover Missing Materials
Jul 10, 2014  
Citic Resources has filed a claim versus the operator of port warehouse in Qingdao Maritime court. The organization is seeking confirmation that it owns the copper and alumina held at the port, according to a statement released by the organization. The company wants these materials released and delivered to them or seek compensation if these ma...
IBM to Invest USD 3 Billion in Semiconductor Research
Jul 10, 2014  
Even amidst talks of International Business Machines Corp. (IBM) selling its chip-manufacturing unit, the company has decided to invest USD 3 billion in research and development of semiconductors over the next five years. IBM will fund two research projects to create smaller and more powerful chips that can be used in its systems. The program w...
Chinas Radio, Film, and Television Industry Posts USD 60.1 billion Revenue
Jul 10, 2014  
The radio, film, and television industry in China posted combined revenues of USD 60.1 billion or 373.5 billion yuan for the year 2013. These figures were stated in an official report released in China by the State General Administration of Press, Publication, Radio, Film and Television on Wednesday. While the domestic media industry in...
Malaria Parasites Breed Inside Human Bone Marrow, Says a Recent Study
Jul 10, 2014  
Though it is already known to most of us that malaria parasites attack the bone marrow of humans, escaping the immune system and causing disease, a new research study has found the exact locations where these parasites develop their sanctuaries. This discovery can lead to the research and development of more effective drugs and vaccines...
Brazildecides to Extend Tax Break for Auto Furniture Sales
Jul 10, 2014  
The car and furniture sales in Brazil are safeguarded to its fiscal accounts. It is a six month extension policy where the government would raise tax on the IPI, manufactured goods, or other furniture sales July 1 onwards. According to Finance Minister Guido Mantega, the policy is kept in consideration even for times when sales are down and ...
Lucinda refurbishes and opens new Deli in Wimborne
Jul 10, 2014  
WimborneDeli in West Borough has recently refurbished its deli and now functions as the Tiffin Box. This was reported by the Goadsby Hotels and Leisure Division bringing to light the recent sale of the deli and to the new owner Lucinda Cambridge.  The delicatessen offers a variety of products from small, big to niche British companies t...
Energy and industrial companies slump led to decline in Chinas stock
Jul 9, 2014  
China’s economy is slowing down, which will hurt earnings growth. During this period, stocks in China have declined to its lowest in a week, contributed by the industrial and energy companies. SHCOMP which is the Shanghai Composite Index has declined by 0.1% to 2,057.06 as reported few days back, which is ahead of inflation and trade d...
A Blood Test to Identify the Onset of Alzheimers Soon
Jul 9, 2014  
Soon, a simple blood test is all that would be required to predict a person’s chances of being affected by Alzheimer’s with an accuracy of 87%. Scientists from King’s College London and Proteome Sciences, a UK-based proteomics company, have identified 10 proteins in the blood that can provide an indication of the onset of Alzh...
Skoda opts for facelift to improve sales in China
Jul 8, 2014  
Eying to make a mark in the enormous automobile market of China, Skoda Auto AS is resorting to new car models and dealership revamping in order to turn its sales around.  Skoda sold 227,000 units in China in 2013, which was 3.7% lower than they did a year earlier. Deliveries increased by 8.2% in the first five months of 2014, and the compa...
NASA to make use of Googles Tango project for improving its SPHERES
Jul 8, 2014  
NASA is in the final stages of start making use of 3D technology developed by Google for one of its projects. The project, SPHERES, short form of the project “Synchronized Position Hold, Engage, Reorient, Experimental Satellites”, was developed by NASA in 2006. The project featured three miniature satellites that were capable of ope...
Brakes switches to a packaging change to reduce environmental impact
Jul 8, 2014  
Brakes are undergoing a change in its manufacturing process. It is in the process of changing all its white cardboard packaging to the unbleached brown packaging so as to contribute healthily to the environment and sustain it. The unbleached natural cardboard is good for use as it decreases the overall environmental impact of Brakes packaging a...
Resource Tax Reforms in China Could Push Up Coal and Electricity Prices
Jul 8, 2014  
Ahead of upcoming resource tax reforms in China, there are indications of electricity, coal, and other resources becoming dearer, said the head researcher of China’s finance ministry on Thursday. Jia Kang, who heads the Research Institute for Fiscal Science of the Ministry of Finance (MOF), opined in an article in the Shanghai Securiti...
U.S. citizen tested for Ebola virus in Ghana
Jul 8, 2014  
The current outbreak of Ebola in West Africa had no confirmed cases of virus in Ghana, however, a U.S. citizen is being tested for the virus. The U.S. citizen was quarantined at a private Clinic in the capital of Accra, as stated by health officials. The Ebola virus has so far resulted in deaths of more than 460 people since its outbreak in ...
Environment activists accuse organizers of games event on going back on their promises
Jul 7, 2014  
Environmentalists have charged the organizers of Commonwealth Games on falling back on their promises to create a low emission zone around the venue of the Games. Previously, restrictions on polluting vehicles were planned. These regulations were supposed to be in place around the game venues. Friends of the Earth organization stated pledges...
Google Snaps up Music Service Provider Songza for Undisclosed Sum
Jul 7, 2014  
Global technology behemoth Google Inc. is snapping up Songza Media Inc., a music services startup. This move is being termed as a tactic by Google to pull users away from its biggest rival, Apple Inc. The song service suggests tunes for users based on the time of day and the daily activities of listeners. Officials close to the deal have said t...
New England: Maine leads the Wind Energy Industry
Jul 7, 2014  
According to the recent headlines, experts in the energy and power domain have said that the state of Mainehas taken the leadership in the rising wind energy industry segment for power generation inNew England. As per their research and understanding, the industry in this region still needs to undergo substantial developments to overcome the...
Auto sales in China rise 14%
Jul 7, 2014  
With more and more international carmakers penetrating the Chinese market with cheaper models, local automakers have been force to step up their game. This has led to a 14% rise in passenger vehicle sales in China last month. The Chinese government has pushed for stricter sales regulations to control pollution and traffic congestion. Thanks to ...
Facebook Plans New Strategy to Target Indian Markets
Jul 3, 2014  
With over 100 million Facebook users in India, the online social networking site has identified India as having great potential and in terms of revenue, could be one of the largest markets. Keeping this in mind, the company has devised a new strategy to sell advertisements to users in India.  “Missed call” is a common practi...
Chinese money rates hit its two-month low
Jul 3, 2014  
The decline of cash demand after banks met their quarter-end financing requirements was signaled as China’s money-market rate declines by the most in the past two months. China’s lenders generally boost of deposits before reporting any financial positions to the China’s central bank during the end of each quarter. However, ...
Regional Chain In-N-Out Burger Steals a March over McDonalds
Jul 3, 2014  
Fast-food giants McDonald’s, KFC and Taco Bell may be taking great strides in the global market, but back home in the United States, they are losing to regional players such as In-N-Out Burger, Chick-fil-A and Chipotle Mexican Grill, says a fast-food survey by Consumer Reports. The survey that was released on Wednesday, has ranked In-N...
Tepcosplans to restart its largest nuclear plant, in Kashiwazaki faces delay
Jul 3, 2014  
There has been a delay in operator Tokyo Electric Power Co.’s (TEPCO) plans that turns around its finances. The world’s largest nuclear plant in Japan will not begin its operation this year as it was planned.  After earthquake damage, TEPCO has lost all its finances in trying to regain radiation pollution in its Fukushima Da...
Xiaomi Corp. Smartphone Shipment Quadruples in First Half
Jul 2, 2014  
Xiaomi Corp., a rising star in the Chinese smartphone market has stated that the shipment of smartphones almost quadrupled in the first half of this year. The smartphone company, which released its first smartphone in 2011, has crossed the total number of devices sold by the company last year.   Xiaomi shipped 26 million smartphones in ...
Direct trading between won and yuan to be discussed
Jul 2, 2014  
China and South Korea will soon have talk on discussing direct trading between yuan and won. The leaders from these countries will meet soon to discuss how to deepen the economic ties between these two countries. China’s President Xi Jinping and South Korea’s President Park Geun Hye will discuss about the issue of making direct e...
A New Study Suggests that Watching too much TV is Linked to Premature Death
Jul 2, 2014  
A recent study from Spain suggested that adults who tend to watch more than three hours daily watching TV could double their risk of an early death, compared to those who spend less time watching TV. The study also reported that spending the same number of hours sitting while using a computer or driving did not show these health consequences...
Australian frigatemeets missile defense upgrade
Jul 2, 2014  
The second of eight ANZAC-class frigates of the Royal Australian Navy has received enhanced missile defense capabilities. It is undergoing several sea trials and has completed an anti-missile defense upgrade program as well. This 18-month upgrade program to HMAS Arunta involved installation of a new combat management system from Saab of Swed...
Medication for type-2 diabetes might not be efficient
Jul 1, 2014  
According to a recent study published in the journal called JAMA Internal Medicine, type-2 diabetes medication disadvantages might exceed the advantages for some patients. Especially, these benefits might exceed the downsides for the elderly patients. A team at the University College London has asked doctors to evaluate these risks more clea...
Buoyed by Govt. Initiatives, Warner Bros Expands Studio Operations in the United Kingdom
Jul 1, 2014  
Warner Bros, a Time Warner Inc. company, is expanding operations in the United Kingdom to take advantage of favorable policies implemented by the government here. These policies have been specifically designed to promote the animation, film, and video-game industries.  Three new stages are being planned by the studio in the United Kingd...
Ghanaian fashion industry goes international
Jul 1, 2014  
Ghana’s fashion industry is getting support from the Ethical Fashion Initiative project of the International Trade Centre (ITC), and a Product Development Centre (PDC) has been inaugurated in Accra, reported Ghana News Agency. The Product Development Centre (PDC) is an important part of the on-going Ministry of Trade and Industry (MOTI...
Superior Linen and Apparel Services acknowledged with TRSA Corporate Certifications
Jun 30, 2014  
Superior Linen and Apparel Services, Cincinnati received certified Clean Green and Hygienically Clean by the Textile Rental Services Association, ALEXANDRIA, Va. It is now in the list of one of the 10 North American textile services companies to earn both certifications, reported TRSA.  The Clean Green certification recognizes companies...
China faces an epidemic of overwork
Jun 30, 2014  
China is facing an epidemic outbreak of overwork, according to the Chinese social media and the state-controlled press. In a year, around 600,000 Chinese die from working too hard as stated by the China Youth Daily. According to China Radio International in the month of April, there was a death toll of 1,600 every day. The rising death toll ...
NAO reports states UK awards worth £16.6bn renewable energy contracts without price competition
Jun 27, 2014  
The UK’s Government decided to award £16.6bn worth of early contracts to eight different renewable generation projects without having any price competition, reported the National Audit Office (NAO). It said the energy costs for consumers have experienced an increased rate and the contracts that were awarded under the Department of E...
Transformers release date back on time in China
Jun 26, 2014  
Paramount Pictures and a Chinese investment organization have reached an agreement regarding the release date of ‘Transformers: Age of Extinction’. This Chinese company had previously threatened that they would delay the release of the film. China is the most-populated country in the world, and delay in releases would have made an i...
Chipmaker AMS AG could Acquire Dialog Semiconductor Plc to Create a New USD 5 billion Entity
Jun 26, 2014  
In a deal that could potentially change the current shape of the chip manufacturing industry in Europe, AMS AG is discussing an acquisition of Dialog Semiconductor Plc. The deal, if successful, could create a massive European chipmaker worth a USD 5 billion market value. AMS currently manufactures chips that enable smartphone users to adjust...
Manufacturing activity in China gaining pace
Jun 25, 2014  
Export and manufacturing sectors are the key drivers in the Chinese economy. In June, China’s manufacturing sector has picked up their pace, according to a survey conducted by HSBC. This is a sign that the Chinese economy is benefitting from the recent stimulus measures. The purchasing manager’s index (PMI) of the bank has climbe...
United States Relaxes 40-year Ban on Crude Oil Exports
Jun 25, 2014  
In a step that marked the loosening of a four-decade-old ban on crude oil export by the United States, the country permitted two companies to ship out condensates. The U.S. Department of Commerce gave the green signal to Enterprise Product Partners and Pioneer Natural Resources Co for the export of an ultra-light type of oil. The decision for t...
Astronauts find a solution to cleaning debris in space station
Jun 24, 2014  
Managing debris on a space station is a tedious and risky job. To control and clean the debris extreme caution is required; as microgravity can turn gasses, fluids, dust, and sharp objects into a floating hazard. However, a team of researchers have come up with a solution to this problem. To solve this tricky issue a special container k...
Sugar tax hopes to control obesity in children
Jun 24, 2014  
According to a campaign organization the U.K. government should introduce ‘sugar tax’ to control obesity in childhood. Action on sugar products has led to a seven-point plan which will discourage children from eating or drinking foods which have high levels of sugar added to them. The campaign aims to bring out measures whic...
Nestle Working to Develop Food and Beverage-Based Nutrient Supplements as Part of Iron Man Project
Jun 24, 2014  
Nestle has built a billion-dollar business serving up caffeine shots worldwide with its Nespresso coffee vending machines. Now, the scientists of Nestle are endeavoring to use a similar method to deliver mineral and vitamins to consumers. The company’s research arm – Nestle Institute of Health Sciences – is said to be devel...
Staring at computer screen all day may damage eyes
Jun 24, 2014  
Working for a job where you are required to stare at a monitor or computer screen for more than seven hours a day can induce symptoms similar to that of dry eye disease, says a study.  The layer of tears on our eyes meant for the protection and lubrication of eyes contains a protein secreted by specialized cells in the upper eyelid...
Queensland mining sectors report stated as dishonest
Jun 24, 2014  
The Queensland Resources Council’s economic analysis report will embarrass the North Korean government.Michael Roche, QRC chief executive said the report released on Tuesday by the Australia Institute would have to accept this part of the act. The report reviewed and included the state government business expenditure on mining sub...
Reduced Mining Spends in Asia Dent Caterpillar Incs Sales
Jun 23, 2014  
The world’s largest manufacturer of mining and construction equipment, Caterpillar Inc, has reported a steep decline in its Asian retail sales of machines. This drop comes following a reduced spending trend among miners in Asia. According to the company, dealer sales recorded in the APAC region saw a 30% slide over three months till May 2...
Imports of China fuel oil reached lowest level in 11 years
Jun 23, 2014  
In Asia, China is the second-largest importer of fuel oil. According to the figures from the General Administration of Customs in Beijing, China cut shipments previous month by almost sixty percent which was the lowest level in at least 11 years. The decline of residual fuel in overseas purchases was noted at 1.31 million metric tons la...
Rising Labor Cost in China Shifting Focus on Vietnam Footwear Industry
Jun 19, 2014  
Vietnam’s key market data agency, The General Statistics Office (GSO) has recorded a 21.9% growth in the country’s footwear industry exports. The agency reported that the total footwear exports by Vietnam were valued at USD 2.85 billion. This rise is partly on account of the growing consumption of footwear and the improved standard ...
Online Searches in India Influence Real Estate Purchase Decisions to the Tune of USD 43 billion
Jun 19, 2014  
Indian real estate buyers are increasingly seeking information on the internet before purchasing property. Internet behemoth Google estimates that property purchase decisions worth USD 43 billion are influenced by what consumers see and read on the internet. A study commissioned by Google found that Internet research has an influence on half of...
Alcohol impairs night vision
Jun 19, 2014  
A recent research has been able to clarify the exact way how alcoholics perceive night time disturbances such as halos (luminous circles) when they drive at night. Changes in night vision performance and image quality of retina was studied in 67 participants after alcohol consumption.  The researchers used halometer to visualize th...
Chinas holding of U.S. treasuries decline further
Jun 18, 2014  
According to a government report released in Washington, the holdings of China in the U.S. Treasuries has declined for its third straight month which is the longest stretch of declines since the year 2011.  China followed by Japan is the largest foreign holder of Treasures. The Treasury Department stated in a monthly report that Ch...
Coals Demand Grows From Last Year
Jun 18, 2014  
An annual review by BP Plc. stated that coal led the world energy markets previous year with a supply of the biggest share of coal demand since the year 1970. This made it the fastest growing fossil fuel. The consumption of the fossil fuel coal grew by 3 percent from the previous year, and the driving factor for this was the use of coal...
Oracle Considering Micros Purchase for USD 5 billion
Jun 18, 2014  
Computer tech giant Oracle is reported in talks to purchase hotel chain and retail software-maker Micros. The deal is pegged at USD 5 billion, according to a report in Bloomberg that cited people close to the deal. Despite the fact that both companies are engaged in exclusive talks, there are chances that the deal may still not be finalized. Mi...
Brand new line set about to boost sales for Blackheath Products
Jun 18, 2014  
The brand new imported line is all set to break out its appearance at the annual sales at Blackheath Products by £1.5million to £25m a year. Blackheath Products Ltd has assured an amount of £300,000 funding package from HSBC’s Birmingham Commercial Centre to back the import of the new product line which happens to be a ...
Chinas plastics industry on the brink of change
Jun 18, 2014  
China’s plastics industry is no longer facing a high growth period and this condition has brought it to a scenario of a slow down to a mid-speed phase. Many speakers at the 2014 China Plastics Industry Conference said at the event held on May 27 in Hangzhou that the urgency for the industry to change and upgrade has reached consen...
Surgery performed while the patient sings through the procedure
Jun 17, 2014  
Alama Kante, a professional singer had to undergo surgery to remove a tumor from her throat. To prevent any damage to her vocal chords she sung though her surgery. Damage to the vocal chords is always a major risk when it comes to throat surgeries. Alama Kante is a Guinean singer who is based now in France. She was administered ...
Washing raw chicken leads to increased risk of food poisoning
Jun 17, 2014  
Consumers are warned against washing raw chicken to prevent the risk of infection, a report says. An online survey was conducted of four-thousand five hundred adults in UK by the Food Standards Agency (FSA). The survey showed that 44 percent of these adults washed their chicken before cooking. However, doing this increases the contamina...
Victoza, A Diabetes Drug, Could Also Aid Weight Loss
Jun 17, 2014  
Adults suffering from obesity or those that have been diagnosed with type 2 diabetes, may gain an unexpected benefit from the Danish drug Victoza which is current undergoing its third phase of clinical trials. The drug has also proven to be effective for weight management. The chemical in the drug -liraglutide - when administered in 3mg doses o...
City population that walks less have higher risks of getting fat or developing diabetes
Jun 17, 2014  
Researchers say that the place where a person lives has a huge role in affecting the person’s health. Also, steps such as designing all or parts of a city in a way that city dwellers are required to walk more can help the city’s population in naturally keeping health issues such as obesity and diabetes at bay.  In a rec...
China Gives Its Food Safety Law More Teeth; Offenders Could Now Face Lifetime Ban
Jun 16, 2014  
China is making a concerted effort to maintain and publish records of the conduct and operations of food companies in a bid to better its food safety track record. Authorities from the industry said on Sunday, 15 June, the country has begun drawing up a black list of illegal food producers that exist within the food and beverage industry in Chi...
Chinese TV Producers Looking to Tap Overseas Markets with Domestic Shows
Jun 16, 2014  
Television producers in China are eyeing a larger global audience following a touch policy change that has been effected in the country. The industry is likely to experience heavy financial pressure as - according to a new rule that will come into force in 2015 - the number of domestic channels on which Chinese producers can broadcast a TV prog...
More Cases of Dengue Fever Reported in Florida
Jun 16, 2014  
Around 24 people from Florida who recently traveled to the South America or the Caribbean have acquired the dengue virus. Dengue fever is a tropical, contagious disease which is caused by the dengue virus. The signs and symptoms of this condition include fever, muscle pain, joint pain, headache, and a skin rash which resembles measles. ...
German On-Shore Wind Energy Industry Employs A Large Working Class
Jun 16, 2014  
The Europe’s biggest economy in alliance with the onshore wind energy industry in Germany employs nearly 109,000 people, says Bloomberg reports in a study commissioned by the industry.  According to the study conducted by the DIW Econ consultants, the investments in this sector stood around $11 bn in 2012.  Herma...
Ponds Could Now Predict the Amount of Sea-Ice Melting in the Arctic
Jun 16, 2014  
A team of UK researchers claim that meaningful predictions can be made from the amount of water ponding in floes as the floes warm during springs.   Using the technique, the team has estimated that the maximum ice that could melt in this September would be about 5.4 million square km - about the same amount as after the end of the melt ...
At USD 40 billion Worth of Textile Exports in 2013, India is Second only to China
Jun 12, 2014  
India has overtaken Italy and Germany in 2013 to emerge as the second-largest textile exporter in the world. It now ranks only behind China on the global level. The Apparel Export Promotion Council’s new data shows that textile exports from India were worth USD 40 billion in 2013. However, there is a gaping gap between India and China wit...
U.S. Retail Sales Grow Slower than Expected in May 2014
Jun 12, 2014  
Retail sales in the United States showed a lower-than-expected rise in May 2014. First-time applications claiming unemployment benefits saw a rise in the first week of June 2013. However, these signs are not likely to change the general belief that the American economy is back on the growth track. The country’s Commerce Department...
Chicago reports Looming Energy Jobs, CRE issues
Jun 12, 2014  
Hugh F. Kelly, a clinical professor of real estate at New York University’s Schack Institute and 2014 chair of the CRE, said the annual Top Ten Issues Affecting Real Estate list reflects growing economic and political turmoil, along with changing demographics and the lifestyle choices of an emerging generation. The rising America’s ...
New Zealand sets its wine industry’s largest R&D progamme underway
Jun 12, 2014  
The most popular and apparently the largest research and development wine industry present in New Zealand has made discoveries and positioned this country as number one in the world for high-quality, lower calorie and lower alcohol wines.  “The Lifestyle Wines Programme” in New Zealand is raised to create a strong reput...
SmartBear - a U.S. Software company creates 100 jobs in Galway
Jun 12, 2014  
A U.S. software firm called SmartBear has decided to create 100 jobs over the next five years in Co. Galway. This news was just confirmed on early Thursday.  SmartBear is a software developing firm based in Massachusetts that provides tools for developers in the technical industry. It establishes its European headquarters in Galway...
Agriculture in Yorkshire leads the way
Jun 11, 2014  
Yorkshire has the best performing agricultural sectors in Wales and England. These regions are showing strong signs for economic recovery after the recession, suggests new research by insolvency experts.  According to the financial trade body R3, about 13 percent of the region’s agricultural businesses have posed more than no...
Extra expenses in HVAC system installation
Jun 11, 2014  
The commission meeting conducted on Tuesday commemorated several issues regarding the budget of the repair needed at the Roosevelt County Courthouse’s air conditioning system. It is estimated that the cost to repair is expected to total $2.9 million, nearly $1 million more than the commission anticipated paying. This was the initial quote...
Locus Energy gains good recognition in the Solar Industry Research report
Jun 11, 2014  
This is the second consecutive year, where the Locus Energy Company has been recognized as the largest and independent solar monitoring provider in the overall U.S. residential market.  Locus Energy was mentioned in a joint GTM Research and SoliChamba Consulting research report based on “Global PV Monitoring: Technologies, Ma...
Help, including Jobs for unemployed mine workers, family members
Jun 11, 2014  
WorkForce West Virginia and the United Mine Workers of America have co-operated a partnership for all unemployed coal miners, coal industry workers or family impacted by a layoff after March 1, 2012. This is for a new class at Chief Logan State Park June 18 from 9 a.m. and 3 p.m. This is in association to provide retraining and reemploy...
One in Three Adults in the United Kingdom has Borderline Diabetes
Jun 10, 2014  
A latest study sounds the alarm over an unprecedented spike in diabetes risk as couch potato lifestyles and obesity levels become highly prevalent. The research that studied thousands of adults in the United Kingdom indicates that one in every three adults now stands on the verge of developing diabetes. According to the study, the rate of adult...
Alcohol and Beverage Imports to China Show Dip in First Quarter of 2014
Jun 10, 2014  
The import of alcohol in China saw a slide in the first four months of 2014 largely as a result of austerity measures being brought into force. A weaker economy also meant that corporate and government budgets allocated less spends on alcohol and beverages. In value terms, alcoholic beverages saw an 8% year-on-year slide, reaching USD 847 milli...
Dresden nuclear power plant contains elevated tritium levels
Jun 10, 2014  
The groundwater monitoring testing experiment conducted at the Dresden nuclear power plant in Illinois exhibited levels of tritium. A sample for the same was taken from the 2/3 contaminated water storage tank, a well on near site leak on the June 8. The plant owner Exelon mentioned that the leak contained to Exelon property.  The n...
Illinois Bans Microbeads in Concern for Environment
Jun 10, 2014  
Illinois is considered as the first state in the union to ban the use of microbeads. Mirobeads are the tiny bits of plastic found in consumer products like skin exfoliates and soap.  According to the worldwide environmentalists, when microbeads wash down the drain they're normally missed by filtration systems, only meaning they ...
Exposure to alcohol while still in womb may affect motor skill in children after birth
Jun 10, 2014  
A review of some past studies has revealed that children diagnosed with a medical condition called fetal alcohol spectrum disorder (FASD), a variety of permanent birth defects caused in children due to mother’s consumption of alcohol during pregnancy, are at increased risks of having weak motor skills.  The review concentrate...
Nanobubble technology could help cure cancer
Jun 9, 2014  
Researchers claim that a new method called ‘plasmonic nanobubble’ can help cure cancer. At Rice University, a study showed that quadrapeutics technology was 17 times more effective than traditional chemoradiation therapy against hard-to-get neck and head tumors. Quadrapeutics is a technology that brings together X-rays, laser ...
Sony sale of consoles higher than Nintendo for the first time in eight years
Jun 9, 2014  
The launch of PlayStation 4 has contributed to higher sale of consoles for Sony, which has overtaken the sales of Wii U. This has helped Sony overcome in console sale for the first time in eight years against its rival Nintendo. PlayStation 4 has also won against Microsoft’s Xbox One as Sony sold more than two million consoles compared...
Double-digit growth seen in the beef, pork exports: USMEF reports
Jun 9, 2014  
The willingness of the customers to pay higher prices for various meat & poultry products, especially beef and port stirred double digit growth in the meat exports sector in April, reported the United States Meat Export Federation.  The exports of US beef totaled 99,297 mt with a value of $537.4 million – a total of 15 an...
Will Tyson Finally Buy Hillshire Brands for USD 7.7 Billion?
Jun 9, 2014  
America’s largest meat company Tyson Foods Inc. has increased its offer for Hillshire Brands Co, taking it to about USD 7.7 billion. With this, Tyson has outbid Pilgrim’s Pride Corp, and now gains control of Hillshire that is best known for its brands Ball Park hot dogs and Jimmy Dean sausages. Tyson will be offering about U...
Chinese Water Company Looks Overseas with USD 1.6 billion Investments
Jun 5, 2014  
One of the key players in China’s water utilities market – Beijing Enterprises Water Group Ltd (BEWG) – has said that it plans investments to the tune of USD 1.6 billion in foreign markets over the next five years. This decision was made known by a senior executive of the company earlier this week. The water plans operator tha...
25-Year-Old Partnership between Mexicos Pemex and Spains Repsol Ends
Jun 5, 2014  
Pemex’s Mexico’s state-owned oil major has announced the sale of a majority of its stake in Spanish oil company Repsol SA. The sale is valued to be worth USD 2.9 billion. Pemex plans to unload the balance of its stake in the coming months-bring a 25-year-old partnership to a close. This move will help the Mexican firm free up cash t...
Stomach Bacteria May Help Fight Obesity
Jun 5, 2014  
A new study has claimed that a species of gut bacteria commonly found in stomachs of human beings could have a role in preventing obesity too. Most people have the feeling that all bacteria are bad, but some can also benefit our health in a way is shown by this species, and of course, the claims of this study.   People who yearn fo...
Auto Electronics Industry Face a Strong Won
Jun 5, 2014  
According to the industry sources on Sunday in Seoul, the South Korea’s automobile and electronics industrial sectors are experiencing a strong wave of local currency in the country. This is forcing some of these sectors to downgrade second-quarter earnings estimates.  The Korean won has strengthened against the U.S. dollar i...
Insurance Industry is Unhappy with Steering Policy
Jun 5, 2014  
The Insurance Bureau of Canada is busy rejecting every allegation put on it as insurers are routing customers to the body shops for getting their vehicles repaired.  Many concerns are raised by the owner of Spectrum Spray – Kevin Robinson in Boiestown as his business is significantly sloping down this year because insurance c...
Lafarge Cement, Unicem, and Ashaka Cement sue suits against SON
Jun 4, 2014  
The three different manufacturing companies namely, Lafarge Cement WAPCO, Ashaka Cement and Unicem have established suitable suits against the Standards Organization of Nigeria (SON) over its recent decision, plan and pronouncement to employ a new Mandatory Industrial Standard Order for the field of cement manufacturing, distribution, and effec...
UNIDO, ICCI plans to collaborate with SMEs for clean technology
Jun 4, 2014  
Islamabad Chamber of Commerce and Industry (ICCI) and the United Nations Industrial Development Organization (UNIDO) have intentionally collaborated clean technology innovations in small and standard enterprises (SMEs) and start-up businesses.  This initiative is a part of a three years Global Cleantech Innovation Programme (GCIP) which...
Green semiconductors on a rise in the semiconductor industry
Jun 4, 2014  
With every passing day, the semiconductor industry is turning green and number of electronics parts is increasing due to the rising demand of Internet of Things (IoT). There is also a reduction in the power consumption of electronic devices that is supposedly the key to securing market competitiveness.  According to leading company sour...
Craft Beer Industry flourishes in Jackson
Jun 4, 2014  
The city beer board in Downtown Jackson has approved two new ways for businesses to sell their beer.  The Jackson Beer Board gave Rock'N Dough Pizza and Old Medina Market on Tuesday the green light to sell growlers. This was a 64 ounce jug of draft beer that's comfortable to transport. Cody Stooksberry, the front of house manager said t...
Growth of service sector in China at its fastest pace in 6 months
Jun 3, 2014  
According to an official survey, China’s service sector grew at its fastest pace in the past six months. This has led to a positive outlook at the China’s economy which could be settling after a few unsteady months. The service sector in China which includes aviation and construction accounts for almost 43% of the total economy. ...
Pixar is giving away Oscar-winning software for free
Jun 3, 2014  
RenderMan, the 3D software which was used in production of films like Toy Story, Wall-E, and Harry Potter is soon going to be available for free. RenderMan is 3D rendering software which is used to add a final appearance to 3D models and animations. Apart from 3D films, it is also used in simulators and video games. In the past rendering ...
E-Cigarettes have Huge Potential in Helping People Quit Smoking - Study Suggests
May 21, 2014  
Researchers have found evidences suggesting that the use of e-cigarettes work better than most nicotine-based products, therapies or professional help or will-power in helping smokers quit cigarette - with chances counting more than 60%. The findings are gathered from study conducted on almost 6,000 smokers over duration of five years. Sm...
Tell People the Facts Behind Ill Effects of Tobacco Use – it Still Helps in Wanting them to Quit Smoking
May 21, 2014  
Researchers have found out that letting people know about the ardent truths and detailed facts about the harms of tobacco on human health is still as effective in motivating them to quit smoking as ever – that people still find these facts novel and stirring.  The study states that the tobacco industry has always deceived the publ...
Vitamin C Could Reduce Adverse Health Effects on Babies Born To Smokers
May 20, 2014  
It is quite easily understood that smoking during pregnancy has many adverse affects on the health of newborns. But an inexpensive way to reduce such risks is to adhere to a good supply of Vitamin C all along the pregnancy, a new study shows.  Smoking during pregnancy especially has adverse effects on the development of lungs that ...
Insurance Industry accused for terrorism menace: Nigeria
May 20, 2014  
Recently, Okezie informed the journalists in Abuja that those in modern aged societies believe that the insurance industry is a huge deterrent to negligence by both general public, as well as public authorities. The insurance industry is a significant commercial platform that is well known for its powerful lobbies across the world. A well-est...
Response to Drugs and Medicines in Humans Linked with Genes
May 15, 2014  
Many people might wonder what causes a medicine to work effectively for some people while completely fail for some other. Scientists say that the effect differs according to one’s genes.  Discoveries about a huge range of conditions inflicted and affected by the genetic makeup of living beings and its effect on the physical t...
Popular Consumer Products Priced Highest in New Zealand - a New Report Indicates
May 15, 2014  
According to a new international report that sought to gauge the trends of prices of popular consumer goods in the world, New Zealand was found to be the priciest one. The report, generated by the Deutche Bank to map prices of popular consumer goods around the globe, has found out that the country pays the highest prices to buy stuffs l...
IMAXs Laser Digital Projection Technology will be installed in New Complex, Moscow
May 15, 2014  
IMAX Corporation and Formula Kino - one of the most famous Russia’s leading exhibition chains in the country announced its agreement on installing three IMAX® theatres across Russia. These theatres will be new in construction in Moscow and Novokuznetsk and will be fully operative under the terms of the agreement proposed by IMAX theat...
Pet Food Makers Squabble Over Advertising Claims
May 15, 2014  
Nestle SA-owned Purina last week, and sued its competing pet food maker Blue Buffalo. It claimed that the smaller company’s products are healthier and natural as compared to the big name brands. They constitute false advertising.  In addition, the documents that are filed in St.Louis federal court could help to back this case...
A Natural Molecule that Can Improve Insulin Responsiveness Discovered
May 13, 2014  
Researchers at the Quebec University, Professor Andre Marette and his team, have discovered a derivative molecule of omega-3 fatty acids that could be used to treat type 2 diabetes and insulin resistance.   This molecule is seen to mimic some effects inflicted by physical exercise on blood sugar regulation.  The recent...
UNIQLO - apparel retailerstrengthens its presence in Sydney
May 13, 2014  
UNIQLO apparel industry has set its heart in Australia, Sydney and has officially announced to open its doors this Spring / Summerin Midcity, located at the iconic Pitt Street Mall. This mall is Sydney’s most popular fashion and shopping precinct. UNIQLO has also set its presence in Melbourne last month, and following to this strong res...
Indian IT Services Co. HCL Wins USD 400 Million Contract from DNB Bank
May 13, 2014  
HCL Technologies, a leading India-based IT services firm has won a seven-year contract from Norwegian lender DNB Bank ASA. As part of the contract, HCL will manage the IT applications operations as well as all IT infrastructure services globally. The contract is reportedly worth USD 400 million, according to a news report published in Business ...
Oracle Wins Copyright Lawsuit against Google for Use of Java in Android
May 12, 2014  
In a ruling that will prove favorable to software giant Oracle Corp. in its legal battle with Google Inc., a U.S. appeals court has decided that the former can copyright certain aspects of the programming language Java that is used by Google in designing its popular smartphone operating system, Android. The case, which has been the cyno...
New Implantable Device to Cure high Blood Pressure Discovered
May 9, 2014  
To people suffering from those extremely complex cases of high BP - which do not get treated even with the most effective medications in the market - a new implantable device, assumed to hit markets soon, may finally bring some relief. The new device, which has been developed by German scientists and is currently in its clinical trails&...
Shangri-La Hotels Widens European Footprint with New Hotel in London
May 8, 2014  
Shangri-La Hotels and Resorts-a leading player in the Asian hospitality industry-has announced its third European property in London. This marks the expanding European footprint of the Asian hospitality major. While the group made a debut in the European market in 2010 with a hotel in Paris followed by another one in Istanbul, this is the group...
Autism is Closely Related to Environmental Factors - New Research
May 5, 2014  
As was always believed, environmental factors do play a significant role in understanding the reasons that cause autism, almost as significant as genes – a recent study clarifies.  Here, environmental factors refer to the “shared-environmental factors” between an autistic individual and its family members (such as...
Bosch Eyes High Growth Potential in New-Energy Automotive Sector in China
May 2, 2014  
The Bosch Group regards China has a country with high growth potential in the future. A member on the company’s management board said during an interview with Chinese news agency Xinhua that the country’s gross domestic product (GDP) is likely to rise between 7% and 8% annually for several years. These remarks were made...
Westland Milk Products are willingly registered for Export in China
May 2, 2014  
New Zealand’s second biggest dairy cooperative named Westland Milk Products confirmed today that it is registered to export its entire dairy products to China, which also includes infant formula milk powder.  The company is working in alliance with the Ministry of Primary Industries and Chinese authorities and is further noti...
Environmentally-Friendly Sustainable Barnacle Repelling Paint Helps The Environment And Shipping Industry
May 2, 2014  
Barnacles and other oceanic creatures are observed to be quite a drag in the seasoned ship’s hull because it causes a ship to burn more fuel than necessary. Hence, to prevent the ship and other hangers from being inefficient and slowing down in growth, worldwide scientists have produced a sustainable paint ingredients made out of plants t...
Kings College Researchers Succeed in Developing First Ever Lab-Grown Epidermis
Apr 29, 2014  
A team of researchers at the Kings College London has reportedly succeeded in developing the first ever lab-grown epidermis. The epidermis is the thin cell layer that constitutes the outermost covering of our skin. It serves as a shield against infections.  The international team working on this project created the epidermis with t...
Studies Point to Efficacy of Sanofis Experimental Dengue Vaccine
Apr 29, 2014  
The experimental dengue vaccine by Sanofi (SAN) has reportedly been found to be efficient in curtailing the effects of the mosquito-borne disease. This has brought the company a step closer to launching what could be the first inoculation against dengue. Figures from health care agencies show that dengue threatens nearly 50% of the world’...
Gallup Poll Shows only 30% Americans Regard Current Time Favorable to Finding Quality Job
Apr 28, 2014  
According to a latest Gallup Poll, only about 30% Americans opine that the right time to land a quality job is now. On the other hand, the poll also shows that nearly 66% Americans feel that the current scenario is not the best of times to find a new quality job. This indicates that though there have been gradual improvements in th...
Nokia and Microsoft Complete Mobile Devices deal
Apr 25, 2014  
Nokia announced that the deal for its mobile handsets business with Microsoft was completed on Friday, April 25, 2014. The deal, originally announced in September 2013, includes an agreement to sell all of Nokia’s mobile devices and services and also an agreement to license patents to Microsoft, following which, Nokia agrees to produce mo...
Strike in China Factory Forces Adidas to Move Orders to Other Locations
Apr 25, 2014  
Adidas AG, a world leader in sports and fitness accessories, clothing, and shoes said that it would be shifting a part of its production operations out of the show factory run by Yue Yuen Industrial Holdings Ltd in Dongguan, China. This factory has been witnessing disruption in production for the last one-and-a-half weeks as workers are on a st...
Microsoft to Complete Nokia Purchase by April 25
Apr 23, 2014  
The Microsoft-Nokia deal that made headlines when it was announced is finally on its way to being completed. This proves that even the most complex deals do culminate with time. This week, Microsoft announced that it would complete the purchase of a major part of Nokia’s hardware assets by Friday. The much discussed deal-though on the bri...
Top End Stereo Systems Maker Harman Targets Chinese Auto Market
Apr 22, 2014  
Harman, the U.S.-based audio company that is best known as the provider of automobile stereos for top-end car models such as Mercedes-Benz, BMW and Ferrari, has said that it has signed agreements with two leading Chinese automakers—Chang’An and Geely. The company, that is associated with premium infotainment systems for lead...
Scientists Identify Cure for Dengue
Apr 18, 2014  
In a breakthrough discovery that can change the way dengue is treated, scientists have identified a drug target for the deadly dengue viruses. This discovery may help pave the way for discovery of vaccines that can cure this condition that affects nearly 390 million people throughout the world each year.  Scientists have used a new tech...
India is Facing a Cancer Crisis
Apr 15, 2014  
India is currently facing a cancer crisis – reports a recent research carried out at the King’s college London, in collaboration with the Tata Memorial Cancer Centre, Mumbai.  The reasons estimated for this crisis comprise of increasing rates of smoking, unequal access to proper treatment and belated diagnosis.  ...
Microparticle Tags to Check Counterfeit Goods Invented
Apr 14, 2014  
Researchers from the Massachusetts Institute of Technology have invented a new set of microparticles that can easily be read by smartphones and establish the authenticity of currency, electronic items and luxury goods.  This strategy is among those countless measures taken by big brands and companies to label their legitimate produ...
USFDA Approves Lupins Generic Diabetic Drug
Apr 10, 2014  
The United States Food and Drugs Administration (USFDA) has finally approved Lupin Pharmaceuticals Inc (LPI), the American subsidiary of Indian drug manufacturers Lupin Ltd, to sell Pioglitazone Tablets in the U.S market. The approval has been granted first for fiscal 2015.  Pioglitazone is a generic medicine used for managing diab...
Infrared Sensors can Soon Be Used to Develop Night-Vision Lenses - A New Discovery Confirms
Apr 8, 2014  
People who fear the dark may soon have a reason to rejoice – an infrared sensor that can eventually be used for mechanizing night-vision lenses has been developed. This effectively means that one can also see through dark with the help of these lenses.  This technology seems possible all due to graphene, a layer of tightly pa...
Ontarios thanks Sustainable Development Technology Canada for Clean Tech Ecosystem Movements
Apr 8, 2014  
Sustainable Development Technology Canada has leveraged an extra $2.2 billion in funding from project partners that also includes global clean technology companies.  Sustainable Development Technology Canada (SDTC) is energizing and evolving the development and demonstration of a clean technology ecosystem. They are the vital contr...
A Simple Blood Test Could Predict the Risk of a Sudden Cardiac Death: Research
Apr 4, 2014  
LONDON: A simple blood test can now predict the risk of a sudden cardiac death, a research initiated by a lifespan researcher, Samuel C Dudley - from the Cardiovascular Institute at Rhode Island U.S, has revealed.  An early prediction of an ailing heart by the manes of only a simple blood test can hugely help physicists in saving a...
Eat Dark Chocolates to Reduce Weight and Blood Sugar Levels
Apr 3, 2014  
In a recent study aimed at evaluating the medicinal properties of cocoa, researchers were successful in discovering a type of antioxidant that can fight weight-gain and that can keep blood sugar levels in control. The tests were conducted on laboratory mice where it was found that a particular set of flavanoids, called as the oligomeric procyan...
Gas is used to Merge Prevailing Economic Activities
Apr 2, 2014  
Tanzania is now considered as Africa’s leading producers of the commodity. It is now following heavy discoveries of natural gas on/off shore reserves in the area.  Many industry sources say that within the next two years, Tanzania will see natural gas reserve rise from a figure of 46 million trillion cubic feet (tcf) to 200 m...
New Rice Genes Discovery Speculate Possibility of Next-Generation Super Rice
Apr 2, 2014  
Scientists at the Michigan Technological University have identified a set of genes that can allow the development of an innovative future-generation rice breed that would be tough enough to resist diseases and also handle stress that arise due to biotic issues such as infectious organisms and abiotic issues such as nutrient deficiency, salinity...
Beijing Sees a Fast Growing Heavy Smog Alert, says Polluting Industries in China
Apr 1, 2014  
Beijing – China’s high-polluting, energy hungry industries in the country continued to grow at a high rate in 2013 that put great pressures on the environmental conditions and other conservational factors worsening the air quality and country’s pollution level.   For long China has struggled to strike a strong bal...
U.S. Dairy Producers Enjoy Windfall in 2013 on Account of Growing Exports
Apr 1, 2014  
2013 has been anything but an exciting year for American farmers, with the exception of milk producers in the country. For milk producers in the United States, 2013 has been a windfall year mainly because milk prices soared during the year and feed cost prices saw a decline. At the same time, milk producers are expecting output to touch an all-...
Competition to Make Profit from China Food Boom Intensifies
Mar 28, 2014  
China, the world’s second-largest economy is projected to spend a whopping USD 1.75 trillion on foodstuffs by 2050. This presents a massive opportunity to agricultural nations across the world to gear up for a chance to make profits from this impending consumption boom in China. Competition between agricultural producers across the Americ...
British Food Export Sales Boosted by Scottish Salmon
Mar 27, 2014  
Exports of Scottish Salmon boosted export sales of the British economy by nearly 5% in 2013. Scottish salmon exports to the United States saw an increase of GBP 43 million, to touch GBP 199 million in 2013. Exporters reported that exports to China doubled with sales increasing from GBP 23 million to GBP 50 million. Scottish Salmon is a delic...
NASAs HIRISE Images Show Formation of Gullies on Mars Surface: Speculations about Presence of Water Rise
Mar 24, 2014  
In an exciting development in the mission to find traces of life or life-supporting elements on mars, a NASA satellite image has shown the formation of gullies on the planet, leading to speculations of the planet bearing water.  The image in conversation was taken showing the formation of a substantial new channel on a Martian slop...
For the First Time, Significant Decline Observed in American Pay-Television Sector
Mar 21, 2014  
Americans paying for television viewing through fiber services, cable networks, or satellite have declined in numbers. In 2013, the number of connections reportedly declined by over a quarter of a million, according to figures stated by SNL Kagan, a research firm. This marks the first every full-year slide in numbers in this industry. Market ex...
Amid Citi Scandal, Banorte - Mexican Bank Lent to Oil Company
Mar 20, 2014  
According to a source with knowledge of the matter told the news that Mexico’s third-largest and most popular bank named Banorte borrowed $40 million to the oilfield services company in Mexico. This lending of the money took place in the middle of the alleged fraud which in turn forced Citigroup to curb down its claimed profits of 2013.&n...
British Beer and Cider Industry Collaborate
Mar 20, 2014  
      The BBPA -  British Beer and Pub Association (BBPA) joined hands with the UK Trade and Investment (UKTI) and National Association of Cider makers (NACM) to launch a brand new idea and strategy to boost UK beer and cider exports worldwide.  This move and strategy show positive results as the growth of t...
Revolutionary Miniscule Windmills to Recharge Cell phones
Mar 20, 2014  
Researchers at the university of Texas have come up with a revolutionary windmill with a generator that can charge mobile devices very easily. What’s more interesting is the size of the device-so miniscule that about 10 of such devices can easily fit in a space needed to fit a single grain of rice.  Technically speaking, the device i...
California Targets 3 Toxic Chemicals in Consumer Products
Mar 19, 2014  
The Toxic Substances Control Department (DTSC) of California has announced its plans to initiate a new program that focuses on monitoring and regulating the use of toxic substances in consumer products.  The program, named “ Safer Consumer Products ”, is in the first installment of its implementation-names of the substa...
Energy Corridor has a New Restaurant with Familiar Owners
Mar 19, 2014  
  Manfred Jachmich and his partners Dinorah Barnes and Barry have opened their restaurant in Energy Corridor earlier this month. They have been veteran restaurateurs of Houston and with their latest venture in the new place of Energy Corridor the trio has invested about $500,000 in this new establishment. Urban Kitchen - the name giv...
Market Experts Consider Natural Gas to Grow Fastest of All Energy Sources Until 2035
Mar 18, 2014  
If estimates of market experts are to be believed, natural gas is likely to emerge as the fastest growing source of energy used up until 2035. Analysts predict that the global consumption of energy is slated to grow at 1.9% on annual on an average. These details were encapsulated in a report titled the BP Energy Outlook 2035.  The ...
U.S Inbound Travel Revenues Reach Record Heights in 2013
Mar 14, 2014  
In a recent economic report released by the World Travel & Tourism Council (WTTC), it was revealed that the U.S. travel and tourism industry has witnessed record break revenue of $180.7 billion in 2013. This is a figure more by almost 9 percent than what were the industry’s revenues in the year 2012.   However, according ...
The 30th Korea International Medical and Hospital Show Begins
Mar 13, 2014  
SEOUL, South Korea, March 13, 2014: The Korea International Medical and Hospital Show (KIMES) for this year has begun today at COEX in Seoul. The event is dedicated in focusing on the growth, development and future prospects of the country’s medical and health-care industry.  The event is funded by the country’s health ...
Chinese Company to Undertake Massive Railway Project in Sri Lanka
Mar 12, 2014  
Sri Lanka has awarded the contract for a critical railway line project to a Chinese company. The project that is valued at USD 600 million comprises the development of second and third stages of the railway line project in Sri Lanka, according to the top ranking official from the Sri Lankan transport ministry. This information was share...
Italian Cement Giant to Expand Operation in AEC Region
Mar 11, 2014  
Italian cement giant Italcementi is planning to integrate the Southeast Asian markets by basing its production unit in Thailand when the Asean Economic Community (AEC) comes in force by 2015.  The AEC is being formed with a vision to transform ten Southeast Asian countries- Thailand, Myanmar, Cambodia, Malaysia, Indonesia, Brunei, ...
US Chipmaker Freescale Loses 20 Employees Onboard Malaysian Airlines Flight
Mar 10, 2014  
American chipmaker Freescale Semiconductor has said that 20 of its employees were travelling in the Malaysian Airlines flight that disappeared off the coast of Vietnam. A company spokesperson said that these employees were engaged in sophisticated work at Freescale. The airplane had 239 passengers on board MH370. While most of these engineers f...
Global Concerns Rise over the Discovery of Four New Man-Made Ozone-Damaging Chemicals in the Upper Atmosphere
Mar 10, 2014  
A new study reports the discovery of four new man-made chemicals with the capability of destroying the ozone layer in the upper atmosphere. If the concentrations of these chemicals keep increasing in the atmosphere, the current rate of recovery of the ozone hole may also hamper.  Ever since an international treaty, called the Montr...
Solar Power Generation Reaches Record High in the U.S. in 2013
Mar 6, 2014  
Solar power accounted for an even larger share in the total volume of electricity generated in the United Sates in 2013. According to a latest report published by the Solar Energy Industries Association along with GTM Research suggests that this form of energy is increasingly becoming a part of the main stream U.S. power grid.  So,...
Reynolds focus on Lorillard tobacco bid
Mar 5, 2014  
U.S. tobacco giant - Reynolds American has stated a bid for its biggest rival Lorillard in the market. This bid has set quakes on the global tobacco market that is already being remodeled by declining smoking rates and growth of electronic cigarettes.   Lorillard shares closed at 9.3 percent at $53.61 early Monday, giving a market ...
Ecommerce to be New Growth Driver in Chinese Economy
Mar 4, 2014  
Chinese ecommerce companies are set to make it big in the coming years with the market for ecommerce in China likely to grow to a whopping value of USD 8.17 trillion by 2020. This is what the vice-president of Alibaba estimates.  China has largely been an export oriented society and it is online retail that is currently enabling th...
Protect fruits from QFF flies
Mar 3, 2014  
Queensland Fruit fly (QFF) is considered to be one of Australia’s intensely serious insect pests affecting the horticultural industry in the Central Tablelands and beyond.  The Central Tablelands Local Land Services are knee-deep into testing a QFF monitoring program associated with the horticulturists in the Orange area. The...
Australian Companies Post Higher Profits Beating ExpectationsAustralian Companies Post Higher Profits Beating Expectations
Feb 28, 2014  
Several large companies in Australia have beaten expectations by posting higher earnings and profits than expected. This is being regarded as one of the most positive reporting sessions since the last couple of years.  The reporting session of February wrapped up with over 50% of the listed companies in Australia posting profits o...
NASA Announces Discovery of 715 New Planets Outside Solar System
Feb 27, 2014  
      A new discovery by NASA scientists is proving that our solar system is more hospitable and crowded than we earlier perceived it to be. On Wednesday NASA confirmed that it had discovered 715 new planets located outside of our solar system. The discovery was made using a special planet-hunting telescope called Kep...
Airports in Bulgaria handled nearly 7M Passengers in 2013
Feb 25, 2014  
Various airports in Bulgaria set a record number in the year 2013 handing almost 7M international flight passengers. The growth number was increased by 4% growth as compared to its previous year.  However, according to the Bulgarian Airline Association’s head Svetoslav Stanulov, the airlines industry still has many lingering ...
China Considers Africa as a Top Emerging Investment Destination
Feb 25, 2014  
The Industrial and Commercial Bank of China Ltd recently announced that it has signed an agreement on January 29 with the Standard Bank Group Ltd. As part of this agreement, the former would acquire a 60% share in the business of Standard Bank Plc which is a London-based business engaged in dealing with stocks, commodities, currencies, as well ...
Australia's NHMRC Finds No Direct Correlation Between Wind Farms and Health Problems
Feb 24, 2014  
A recent review by the National Health and Medical Research Council (NHMRC) has concluded that there no reliable evidence can be established between the existence of wind farms and health problems among residents around these installations. The NHMRC is Australia’s topmost medical authority and it had initiated the review in respons...
Las Vegas Sands Optimistic About Casino Culture in Japan, Ready to Invest USD 10 Billion
Feb 24, 2014  
The world's largest gambling company according to market value-Las Vegas Sands Corp-has recently said that it is ready to invest up to USD 10 billion in Japan. The latter is projected to be the second-largest market for casinos in Japan. The word comes from Las Vegas Sands billionaire CEO and Chairman Sheldon Adelson who said that the c...
Synthetic Chemicals in Food Packaging and Storage Materials Could Harm Consumer Health
Feb 20, 2014  
According to a paper published by environmental scientists in the Journal of Epidemiology and Community Health, the synthetic chemicals that are used for storing and packaging edibles can seep into these products. This aspect can potentially harm the long-term health of consumers. These concerns have surfaced despite the fact that most chemi...
Chinese Automaker & French Govt. to Inject Capital into Struggling Peugeot Citroen
Feb 19, 2014  
The French automaker PSA Peugeot Citroën has been struggling for some time now. However, the company could soon see better days with Chinese auto manufacturer Dongfeng Motor and the government of France deciding to inject capital into the struggling automaker. The announcement was made by on Wednesday by Dongfeng as it filed in Hong Kong. ...
In-Vitro Pregnancies Reach Record High in 2012
Feb 18, 2014  
In the U.S., the number of pregnancies achieved using medical technology has hit a record high in 2012. Figures indicate that nearly 2 out of every 100 babies born in the United States were conceived with in-vitro fertilization (IVF) techniques and other similar techniques.  These were the findings of a new study that was released ...
American Scientists Successfully Grow Lungs in Laboratory
Feb 17, 2014  
American scientists have succeeded in growing human lungs in a laboratory. This is being regarded as a milestone in regenerative medicine that could help ease the problems currently faced owing to shortage of organ donors. With thousands of people worldwide dying for the want of an organ, medical researchers strive to find the right kind of tec...
Google Acquires Sound-Authentication Start-up SlickLogin for Undisclosed Amount
Feb 17, 2014  
Internet giant Google has announced the acquisition of SlickLogin, a start up based on Israel that specializes in sound-wave based user identification for websites. This technology works by creating an almost silent sound that’s uniquely generated through the speakers of the user’s computer. This sound data is collected by an app th...
Obama Administration Takes Close Steps In Approving Keystone XL
Feb 10, 2014  
Jack Gerard - the President and CEO of the American Petroleum Institute appreciated the outcome of the Keystone XL pipeline stated by the Department of State’s Final Environmental Impact Statement (FEIS) and alleged that the Keystone XL pipeline is safe for the environment.  It took him five years, five federal reviews, plent...
High End Catering Business in China Registers Growth Rates that are Lowest in 21 Years
Feb 10, 2014  
2013 saw the catering sector in China witnessing tepid growth, which experts believe is the lowest in 21 years. According to figures available from the Chinese catering sector, it grew at a rate of only 9% under the impact of the Chinese government’s frugality measures. These observations were made in an industry report published by the C...
Heavy Bouts of Winter Found to Adversely Impact the American Economy
Feb 7, 2014  
In an interesting observation by Bank of America’s head of global rates and currencies David Woo, weather conditions have a bearing on financial markets in the United States. He says that the colder the weather, the slower is the economy of the country. Woo said that he found a correlation of 48% between the temperature patterns in the U...
China Offers Telecom Licenses to More Private Players
Feb 3, 2014  
The Industry and Information Technology Ministry of China further opened up the country’s telecom sector to private players as it provided licenses for the resale of mobile services to eight more private players. Firms that have received the licenses include retail and ecommerce giants such as Suning and Gome. With the receipt of ...
Dubai-Based Construction Firm Arabtec to Recruit 10,000 Youth Across Middle East
Feb 3, 2014  
Arabtec, the Dubai-based construction firm has put on the table its ambitious recruitment plans in the coming months. The firm has said that it plans to hire nearly 10,000 youth in and around North Africa and the Middle East to meet the demands of its rapidly expanding operations. The massive recruitment spree will be kicked-off with...
Diamond Dealers Club (DDC) installs DiamondCheck technology for members
Jan 31, 2014  
Reuven Kaufman – The President of the Diamond Dealers Club (DDC) of the New York announced that the Gemological Institute of America (GIA) has been catered the new DiamondCheck machine that is used to determine whether the stones were synthetic or natural. This overall drill is done without any charge by the union or club members.  ...
Zynga Cuts Jobs, Acquires Mobile Game Maker Natural Motion to Turnaround Profits
Jan 31, 2014  
Zynga, a leading worldwide provider of social games, has announced that it is purchasing NaturalMotion, a company that has earned much fame for its mobile games such as Clumsy Ninja and CSR Racing. The company also announced that it would be cutting nearly 15% of its workforce in an effort to turn around its profits. The company pushed ...
Slumping Demands In Canon Digital Cameras Brings Down Profit Sales In Japan
Jan 29, 2014  
As Consumers Are Constantly Turning To Smartphones For Taking Pictures, Japan’s Canon Missed On Its Full-Year Profit Target Due To Slumping Demand For Its Digital Cameras.    According To The Company’s Comment Earlier Today, The Net Profit Rose 2.6 Percent Last Year To About 230.5 Billion Yen ($2.2 Billion) But Unfor...
China Set to Impose Anti-Dumping Duties on American and Korean Imports
Jan 28, 2014  
  The Chinese Commerce Ministry has said on Thursday that the country is set to levy provisional anti-dumping duties on U.S. and Korean imports of solar-grade polysilicon. According to officials, the anti-dumping duty will come into effect from July 24 this year. As part of this decision, Chinese enterprises importing solar-grade polysi...
Fruit Fly threatens $4 billion export industry
Jan 28, 2014  
  New Zealand’s fourth largest export earner mainly depends on the fruits and vegetables. However, according to recent news, this industry is undergoing a long nervous wait after the insect was trapped and collected from a nearby port named Whangarei’s port last week. The insect has formally been identified as a single Queen...
Nigeria Witnesses a Gloomy Forecast in the Consumer Industry for the Year 2014
Jan 27, 2014  
According to a Renaissance Capital report released yesterday, the consumer companies are likely to witness a full recovery in 2014 after most of the challenging year like 2012 and 2013 in the field of consumer goods and packaging. The companies will face minimal improvement in the coming years ahead.   This calls for the operators ...
Anahata - Software Company offers services in Melbournes Travel Industry
Jan 16, 2014  
The travel industry plays an important role in the economy of Melbourne and its surrounding environments. Many people residing in the country of Australia fantasize to flock to different parts of the world including those that are tourist centric during the holidays and weeks to engage and relax in extracurricular activities.  All ...
ValveSteam Machines Slash out the Gaming Industry with its Technology
Jan 15, 2014  
Today’s generation recognizes ‘Valve’ as the heart of the machines in the gaming world. It is the most unpredictable and surprisingly the best name in the video game market.  The Valve is undoubtedly the biggest names in the gaming world because of its innovative gaming technology and unorthodox strategies. Last y...
Sensex trades low, but metal stocks shine
Jan 14, 2014  
  After the Monday’s rally, the stocks in the markets have taken some breather as they were seen flat today morning. Sensex was recorded to be almost at 21,134, while Nifty increased by 2 points in 6,274.   Most of the Indian stocks tracked with the Asian markets were down 2 percent with the Japanese stocks.  Mayur...
Growing High Demands are Set in the Forestry Products
Jan 13, 2014  
This world is becoming a single market place. It has interdependent systems, consumers responding to various conditions and queries, and consumption of goods and services in the best of interest, and therefore, we no longer require or compete in a local economy.  We have moved quite ahead of the global financial crisis situation th...
TechSci Research: Tyre Sales in Saudi Arabia are likely to grow at 12% CAGR till 2018
Jan 9, 2014  
The tyre market in Saudi Arabia is all set to expand and grow at the CAGR of 12% between the years 2013-2018. This growth is due to the constantly increasing demands in the automotive sales which are coupled with certain growing demands in the brand new tyres and the tyre replacement markets. This statistic was reported by TechSci Research - Sa...
Studies Prove that High-Dietary Fiber may Forefend Asthma
Jan 8, 2014  
Asthma - the common inflammatory condition that contracts the fluent airways of the lung has drastically increased in several westernized countries since the 1960s; however, it is still not common in the less well-developed countries such as Africa, where an abundant supply of vegetables and fruits forms the bigger chunk of the regular diet.&nb...
Good News for Chinese SMEs: China to Set Up Private Banks as Part of Pilot Project
Jan 6, 2014  
Small enterprises in China have been cash-strapped and in need of help from the government. Chinese authorities have done just that by approving a pilot scheme that will pave the path for setting up anywhere between three and five private banks in the country. This move by the China Banking Regulatory Commission (CBRC) will ensure that the cash...
Fords Much Anticipated Solar-Power Car to be Displayed at Las Vegas Show
Jan 3, 2014  
  The Ford Motor Company will unveil its much anticipated solar car at the International CES gadget show to be held at Las Vegas from January 7 to 10, 2014. The C-MAX Solar Energi Concept has been modeled to offer performance that is at par with a plug-in electric hybrid, but it doesn't require a plug as it draws energy directly from it...
MIT Researchers Efforts in Developing 3D Scanners to Capture Clear Images in Dark Conditions
Jan 3, 2014  
Capturing 3D scans in the low-light or dark conditions were impossible in the bygone days. Microsoft’s first laser system called Kinect was the best device on the market in terms of taking 3D scans in dim conditions. However, the sensor of the Kinect was quite incapable of searching the subject in the dark room, for which it had to be ...
Mining School Plays a Pivotal Role to Help Revive Malaysia’s Tin Industry
Jan 3, 2014  
The University of Exeter's Camborne School of Mines (CSM) signed a deal with the representatives from the Malaysian state of Perak to help them revive the mining industry in Malaysia.  This mining school that was started in Camborne will play a major role in this international collaboration. Perak - situated to the north of Kuala Lum...
Brazil Seeks More Profit in the Fertilizer Investments
Jan 2, 2014  
According to the president of Abiquim, the chemical industry association, the Brazilian’s chemical fertilizer industry sector could have major trouble in gaining substantial investments in the near future.  Fernando Figueiredo argued that the cost of the investment in the state of Brazil is about 25 percent which is higher th...
Chrysler Is Now an Italian Company with Fiat Gaining 100% Ownership
Jan 2, 2014  
Fiat, the leading Italian car maker announced on Wednesday that it has finalized a deal to take complete ownership of American automaker Chrysler. The USD 4.35 billion deal will also comprise the retiree health care fund of the United Automobile Workers.  The deal is expected to draw to a final close around January 20, and will see...
Amazon.com Reports Sale of 37 Million Items in 2013 Holiday Shopping Season
Dec 30, 2013  
For the last two months or so, much has been said and written about the anticipated customer behavior this holiday season. Now that most of the holiday season shopping has come to an end, Amazon.com unveiled sales statistics from the 2013 holiday season. However, before we move on to the sales figures made public by the company, it is also impo...
Wipro Flags New M2M Partnership with Tele2
Dec 27, 2013  
India’s massive IT giant company Wipro announced its partnership with Swedish telecoms operator Tele2 regarding the enhanced development of new telecommunications products and services for the M2M market. Earlier, in November, the company announced their plans to launch an M2M business in the global competitive market and become leader...
China Prepares to Open its Skies to the General Aviation Industry; Small Jet Makers to Benefit from Move
Dec 27, 2013  
As China’s new rich class continues to rise, the sight of super luxury cars on the country’s streets is becoming common. But the ultimate symbol of luxury and power-a private jet-still hasn’t caught up among the country’s affluent because of the right regulatory environment that prevails in China. This is despite the ...
Chinese Anti-Corruption Drive Shows Results as Sales of Lavish Food Gifts Dip
Dec 26, 2013  
The Chinese government’s anti-graft drive seems to be showing results this festive season. According to the latest reports in Chinese state media, there has been a marked downslide in the number of luxury food gift boxes being gifted in China in 2013. The Communist Party’s crackdown on corruption is obviously having an impact on con...
China to Begin Construction of 6 Million Affordable Housing Units; Aims at 2014 Completion
Dec 24, 2013  
It seems that China is keen on keeping up its efforts to give its citizens access to more affordable housing. As part of this plan, citizens can expect millions of more affordable residential units. Officials also said that in 2014, China will continue to stand by its currently imposed property market control measures. According to new ...
Costa Coffee Hopes to Double Annual Sales with New Self-Service Machines
Dec 20, 2013  
Britain's leading coffee chain Costa Coffee isn't content with just rapidly expanding its stores in the national and international market. The coffee giant is now aiming at making inroads into the self-service market with an army of self-service machines created by Italian designers and enabled by Atomhawk—the company credited for the Pot...
Toshiba Plans Higher Share of North American Market Using Chennai Facility as Exports Base
Dec 20, 2013  
Toshiba Machine Co Ltd, a manufacturer of injection presses, has expressed its plans to expand capacity at its factory in India that it had acquired in 2012. With expansions underway, the company will use the factory as an export business base for markets such as North America. It will initially primarily export small-sized hydraulic machines, ...
Two Ten Footwear Foundation announced Amazon Fashion as the Title Sponsor for Footwear Cares
Dec 19, 2013  
The Two Ten Foundation announced that Amazon Fashion is made the new title sponsor for the month of April 2014 - the second Annual Footwear Cares.  During this inaugural year, the Two Ten’s Footwear Cares program brought together 68 different footwear companies from across the world and over 3,000 footwear volunteers as the indust...
Kreata Global buys Flamingos Media at a discreet amount
Dec 19, 2013  
The most renowned Facebook-preferred marketing developer - Kreata Global Digital Media Services Ltd, has successfully acquired a start-up company, Flamingos Media Private Ltd, at an undisclosed amount. Flamingos Media Private Ltd is situated at the Kochi Startup Village.  Kreata Global offers a wide range of services including social me...
Acktar Ltd., announces the Black-Light-Absorbing coatings
Dec 18, 2013  
ACKTAR Ltd. claims that its black coatings are excellent performers in the industry of lasers and optics as they are now incorporated into one of the leading optics simulation software packages. These black coatings are the only coatings that deliver reflectance of <1% from EUV thru VIS-NIR-MWIR to LWIR. They also offer light absorbing perfo...
CRISIL: CERC Norms Hit Profitability of Power Utilities
Dec 18, 2013  
The draft tariff guidelines for 2014-2019 formed by the Central Electricity Regulatory Commission for power utilities now have the potential to minimize the comprehensive annual profits of CRISIL-rated utilities by Rs 1,400 crore. This profit was reduced by almost 7 per cent during the last fiscal. CRISIL believes that the norms will not aff...
Dow Chemical Co. separates out from the Chlorine Business
Dec 16, 2013  
Dow Chemical Co. is now including its universal epoxy units and business in PVC production. Epoxy units are used to make feedstocks. The company has spun off its most significant portion of the chlorine value chain and emerged into this business with a value of $5 billion annual sales, with 11 manufacturing sites and almost 2,000 employees on b...
Spa Naturelle launched a new Apple Stem Cell Therapeutic Treatment
Dec 16, 2013  
Adriana Johnson, the owner of the Spa Naturelle – a refreshing and holistic skincare boutique situated in Newton introduced the advanced Apple Stem Cell Skin Rejuvenation treatment. On the 1st of December, she first demonstrated this service at her spa and within her one-year anniversary Open House tenure she launched this treatment globa...
GCC petrochemicals reached US$97.3 billion, in 2012, according to the GPCA report
Dec 13, 2013  
Saudi Arabia’s Assistant Minister of Petroleum and Mineral Resources, His Royal Highness Prince Abdulaziz bin Salman Bin Abdulaziz inaugurates the 8th GPCA Annual Forum in Dubai. This is the 2012 edition of the priceless Facts & Figures industry reference.    From the previous year’s figure – US$3.2 billion...
China Cites GMO Strain, Rejects Fifth Corn Cargo from U.S. This Month
Dec 13, 2013  
China continues to keep a strict control on imported products. The latest case in point is the 59,100-ton corn cargo from the United States that was rejected saying that it contained a genetically-modified strain of corn that the country has not approved for import thus far. Three more corn cargos that follow this rejected cargo are also likely...
Carrefour to Buy Dozens of Shopping Malls in $2.8 Billion Deal
Dec 13, 2013  
French multinational retailer Carrefour has inked a $2.75 deal with Paris-based mall operator Klepierre wherein the former, along with right other investors, will purchase 127 malls in France, Spain and Italy.  The retail giant is already in ownership of 45 malls in France, whereas the new shopping centers will come under the aegis of a...
Holden to Cease Manufacturing Operations in Australia by End of 2017
Dec 11, 2013  
General Motors (GM) subsidiary Holden has decided to exit manufacturing operations in Australia-a 65-year journey that will culminate with closure by the end of 2017. This will also mean a job loss for the 2,900 people currently working at the carmaker’s Australian facility. According to the firm, operations are being wound up in view ...
Sysco Corp and US Foods Merge In an $8.2 Billion Deal
Dec 10, 2013  
Sysco Corp, a company that is engaged in marketing and distribution of food products to enterprises such as medical and educational facilities, restaurants, and other hospitality centers, has announced the purchase of Illinois-based food distribution company US Foods. The deal is pegged at USD 8.2 billion. Sysco Corp is Houston area’s fou...
A New Cloud Computing Solution for the Used Equipment Industry
Dec 6, 2013  
The E-commerce technology can be an intricate and a costly affair, but it is pivotal in today's competitive market. This marketplace is a constantly evolving place for several equipment dealers. Hence, the tools that are employed to run a successful business are expensive and unique. EquipOne.com is your one stop destination for used equipme...
A Saudi Billionaire Invests in Two Major Cement Plants in Ethiopia
Dec 5, 2013  
Africa is becoming an attractive prospective for the Arabians, as Mohammed al-Amoudi – Saudi’s biggest private investor plans to construct two more cement factories in Ethiopia, Africa. These plants in Africa will add to the overall $351 million facility al-Amoudi’s MIDROC Derba Cement plant opened in December 2011. The 67-...
U.Ks Energy and Climate Secretary Hints at Major Investments in the Wind Energy Sector
Nov 29, 2013  
At a time when no country can afford to ignore green and alternative energy solutions, the U.K. is on the threshold of making major investments in this sector by way of offshore wind projects. This announcement was recently made by Ed Davey, Energy and Climate Change Secretary. This announcement is an indication that the U.K. continues to push ...
Dell Looking to Harness Potential of Inland Areas in China for Higher PC Sales
Nov 28, 2013  
China's second largest personal computer seller Dell, Inc. sees big profits in moving beyond the urban areas and venturing into smaller cities. This is prompting the personal computer major to take a serious look at inland areas given that the nation is aggressively pushing its urbanization drive that has proven to be a perfect window of opport...
Kimpton Hotels & Restaurants announced its new South Beach Hotel
Nov 28, 2013  
Apparently, Kimpton Hotels & Restaurant announced its fourth hotel in downtown Miami – old vamped up in a new one. This hotel is a sheer compliment to the EPIC in Surfcomber Miami, Vero Beach Hotel and Spa, and South Beach in the areas of Miami. Kimpton Hotels & Restaurant management with the Angler’s Boutique Resort in M...
U.S. Building Permits Surge in October to Highest in Five Years
Nov 27, 2013  
October 2013 saw the highest ever building permits being awarded in over five years. According to analysts, this signals the strengthening of the U.S. residential real estate market in 2014. The applications for new real estate permits in the residential sector grew by 6.2% reaching an annualized rate of 1.03 million. These figures were rele...
Sensex gains 300 points, Nifty nearly gains 6100
Nov 26, 2013  
Due to the Iranian nuclear deal and other positive global markets, Indian stock market was higher in the early trade today. After a complete three-day selloff, the buying activity and the higher rupee trend supported the on-going sentiment.  Today, Sensex touched a day’s high of 20,543 and increased as much as 326 points. The Nift...
Samsung Electronics have Ventured into the Expertise of Medical Devices
Nov 25, 2013  
Samsung Electronics has now moved into a new business of healthcare. It is participating in the Medica trade show, a four day event that is to be held in Dusseldorf, Germany between November 20 and 23. Medica – the world’s biggest expositions in the medical industry has more than 4,000 exhibitors and 130,000 visitors. Samsung Electr...
Postmenopausal Women Consuming Sugar-Sweetened Beverages at Higher Risk of Endometrial Cancer
Nov 25, 2013  
Women who are in their postmenopausal stage and consume sugar-sweetened beverages have a higher chance of developing endometrial cancer than women who don’t consume the same. These are the findings of a study published in a journal. The journal—titled Cancer Epidemiology, Biomarkers & Prevention—is published by the America...
Changes in food preferences amongst consumers drive the food additive segment in India
Nov 21, 2013  
The constantly changing lifestyles, mundane work routines, and hectic schedules leave us very little time to cook our favorite dishes in peace or savor the taste of good homemade food. These factors have spawned a huge market for various types of packaged and processed convenience foods. The booming growing retail sector in India introduces the...
British Spends £9bn on new Technical Devices Each Year
Nov 21, 2013  
Gone are the days where gadgets were once considered to be possessions of the geek, says the customer loyalty company Affinion. According to the recent statistics, Brits are now carrying £22 billion worth of technical devices with them. This means the average London Underground tube puts up about £500,000 worth of mobile devices ...
British Columbia Oil and Gas Commission is fighting a lawsuit over the issue of violating Water Act
Nov 19, 2013  
Many environmental companies agree that worldwide natural gas companies should apply for long-term water licenses. Encana – a British Columbia Oil and Gas Commission and natural gas company is struggling against a lawsuit filed by three environmental groups over the use of water from B.C’s rivers and lakes.  The suit that wa...
NCC plans to reduce Foreign Exchange (FOREX) remittances among Telecommunications in Nigeria
Nov 14, 2013  
The worried discrepancies in the international trade transactions among several telecommunication operators (Telcos) stirred the Nigerian Communications Commission (NCC) to propose a three-year plan to reduce Foreign Exchange (FOREX) remittances among the Telco operators in Nigeria.  Mrs. Lolia Emakpore, the Director, Policy and Competi...
LOTUS Nutraceuticals effective natural supplements are now available for purchase at Revnutrition.com
Nov 11, 2013  
LOTUS Nutraceuticals – a highly effective and natural supplements company known to treat a variety of issues such as thyroid function, diabetes, weight gain, and high cholesterol will now be trading its products on Revnutrition.com. Revnutrition.com is a leading online vendor of various nutritional products and supplements.   ...
Local Skin Care Brands Take on Giant Salon Products Market
Nov 8, 2013  
Amid the times when Indian industry is snowballing with several foreign brands, Syona Cosmetics Pvt Ltd, a Chennai-based start-up company which has been recently found in June 2012 decided to steer its own ship on the imported giants with introducing its own products specifically suitable for the Indian skin types and salon pricings. These prod...
Wonderware, United Kingdom introduces Industry Application for Food & Beverage, and Consumer Goods Industries
Nov 7, 2013  
Today, Wonderware, a division of SolutionsPT Limited in the United Kingdom announced the release of Wonderware industry application for packaging. This proposal targets the unique needs of packaging operations involved in the food and beverage industry, as well as the consumer goods industry markets.    Wonderware created the In...
The chemical giant - DuPont, expands the Shanghai R&D center
Nov 6, 2013  
The giant Delaware-based chemical maker named DuPont has doubled the size of its research-and-development center in Shanghai. This center will now house an additional 150 researchers that will focus on brand-new material applications in automotive materials, bio-based materials, and in solar energy.     The center that accounts ...
Intel sets up new business division for worldwide connected gadgets
Nov 6, 2013  
Intel Corp has created a new business division that is aimed at making substantial money out of a newly introduced technology wave.    The Santa Clara, California chip maker and several other technology companies deem to this new trend of linking up a host of electronic devices ranging from bathroom scales to skyscraper ventilat...
Investment in the Alternative Future of Energy is Beneficial
Nov 1, 2013  
Due to the growing awareness of the unfavorable environmental effects on energy sources and fossil fuels, many renewable sources of energy including the solar energy is considerably increasing the attractiveness of this field and scope of science. The involvement of the U.S. government in the increase of the use of solar energy has majorly cont...
Change in Alcohol Law Sends Chills to the Cider Industry
Oct 31, 2013  
A noticed bill, known as AB 779, passed by the Legislature this year has made a few technical changes to the state’s alcohol licensing laws. The bill states that, large beer brewers, those creating more than 1.9 million gallons every year, are permitted to produce and sell cider at their own facilities without the need of obtaining a sepa...
China`s Nuclear Power Plants Witness a Powerful Growth
Oct 28, 2013  
Wencong reports from Lianyungang, Jiangsu province states that China’s strengthening efforts in developing clean energy sources remains as an obstacle. However, the efforts coming from several environmental officials and experts in inventing new solutions to China’s environmental conditions remains constant and effective. They unani...
Commercial Business Groups ask United States to resolve the U.S. Airways, Lawsuit
Oct 25, 2013  
The various chambers of commerce and multinational business groups in Washington and other 26 U.S. states and cities have encouraged the United States Justice Department to reconcile its American lawsuit that opposes U.S. Airway’s suggested merger with the American Airlines.  In a recent letter released on Thursday, the business g...
Banks focus on shares: Bank Nifty ripples over 2%
Oct 24, 2013  
Rupee has bagged some appreciation and positive sentiments in the market in early trades against the dollar today. Several banking shares are now in focus on the bourses with most of the prominent stocks trading higher by up to 3%.  The listed banks that are up 2-3% on the National Stock Exchange (NSE) are ICICI Bank, Bank of Baroda, Fe...
Sensex reached a mark of 21,000 for first time, almost after 3 years
Oct 24, 2013  
In the early trade, Sensex gained as much as 272 points and the Nifty touched a high of 6,252. However, today, at 10: 28 am, Sensex hit up to 220 points at 20,988, while Nifty increased to 61 points to 6,239.75. This month, the overall trend of Indian stock markets have congregated over eight percent on the prospects that US Federal Reserv...
Sterne Agee (NXPI) Reaffirms NXP Semiconductors Stock Rating
Oct 24, 2013  
In a research note issued to various investors on Wednesday, Analysts RN reports state that NXP Semiconductors (NASDAQ:NXPI)‘s stock reaffirmed its buy rating by equities research analysts at the Sterne Agee. The total market cap of the company is $8.973 billion with a price-to-earnings ratio of 98.65. Moreover, their current target ...
Local governments and U.S. states are sluggish to post finance reports
Oct 24, 2013  
A report released on Tuesday claims that, U.S. states and local governments are taking nearly a year to release annual financial statements. This is because the federal regulators intimidate on giving the municipal bond investors regular financial information. According to the Municipal Securities Rulemaking Board, in the first half of ...
Intel Latest Survey Reveals Factors Influencing People`s Attitudes towards Technology
Oct 17, 2013  
It is becoming increasingly imperative for service providers and product developers to study peoples’ attitudes towards technology. Technology major Intel’s latest study provides some new insights into this realm. The study reveals how the attitudes of people towards technology are determined by factors such as geography, age, sex, ...
BASF Opens New Coloring Opportunities to the Plastics Industry with Its New Red Shade Yellow Pigment
Sep 24, 2013  
BASF, a leading manufacturer and supplier of chemicals and ancillary products, has brought new coloring options to plastic manufacturers with the launch of its new red shade yellow pigment. The pigment, Paliotol (R) Yellow K 1750, was launched at the CAD RETEC 2012, the industry’s largest technical conference dedicated to the aesthetics o...
Analogic Completes Total Acquisition of Ultrasound Technology Firm PocketSonics
Sep 23, 2013  
Analogic Corporation, a global provider of products and solutions for the medical imaging and aviation security technology announced the acquisition of its remaining ownership stake in PocketSonics, Inc. Since 2010, Analogic had minority equity in the Charlottesville-based ultrasound technology firm. Analogic’s leading-edge ultrasound sys...
After Mexico, Australia and Singapore, Bond Laboratories Further Expands Footprint in India
Sep 20, 2013  
Bond Laboratories, Inc., a U.S.-based global provider of nutritional supplements that recently expanded into Singapore, Australia and Mexico, recently announced that it would soon be entering the Indian market, having received a purchase order for the supply of products for GNC franchise locations in the country. Bond’s proprietary supple...
China Bank to Acquire 67% Stake in Planters Development Bank
Sep 19, 2013  
China Banking Corp. publicly known as China Bank, is looking to strengthen its SME lending division by purchasing a 67% stake in the Planters Development Bank. The regulatory approval for Henry-Sy led China Bank's acquisition of the Planters Development Bank came on Wednesday. Further details of the agreement were not immediately disclosed by a...
Harris Corporation Bags $438 Million Order from USAF for the Supply of Wideband Tactical Radios
Sep 19, 2013  
American international communications and information technology solutions provider Harris Corporation announced that it has received a $38 million order for supplying tactical radios to the United States Air Force. These radios will be used by the U.S. Air Force for expanding the deployment of its two-channel wideband tactical communications. ...
Schrader Bags Contract to Provide TPMS Technology to Mahindra Reva
Sep 13, 2013  
Schrader International, a provider of sensing and valve solutions globally, announced that it had bagged a Tire Pressure Monitoring Systems (TPMS) contract from Mahindra Reva Electric Vehicles Pvt Ltd, which is a subsidiary of Indian automobile major Mahindra & Mahindra Limited. Mahindra Reva is engaged in the manufacturing and marketing of...
Croda International Receives Regulatory Nod for China Expansion
Sep 12, 2013  
Croda International, a global manufacturer of specialty chemicals has received a go-ahead from Chinese regulatory authorities to acquire a 65% equity interest in Sichuan Sipo Chemical Co. Sipo, established in 1993, is a non-listed manufacturer of specialty chemicals, with a manufacturing facility in Mianyang City in China's Sichuan Province....
Carnegie Mellon University Develops Crash-Proof Car with Autonomous Driving Technology
Sep 10, 2013  
On the face of it, this car looks a lot like a 2011 Cadillac SRX, but delve a little deeper and you shall notice that it's a modern engineering marvel. In a breakthrough that could change the way we travel, a team of researchers led by a scientist of Indian-origin have developed a driver-less car that is also crash-proof. The car, ...
Intel Working on Ultra-Low Power Chips with Energy Harvesting Capabilities
Sep 10, 2013  
The R&D team of Intel-the world's leading chipmaker-is currently working on ultra low-power chips that are capable of harvesting power from the environment around them. These chips will have dramatically-reduced energy consumption when integrated with host devices.  The target is to produce system-on-a-chips (SoCs) that can be fitte...
Fatigue Risk Management Guiding Principles Launched to Counter Workplace Fatigue in Energy Sector
Sep 10, 2013  
Workplace fatigue is a rising phenomenon in the energy industry. In order to counter this productivity-sapping trend, Enform-the safety association for Canada's upstream oil and gas industry-recently launched the `Fatigue Risk Management Guiding Principles', a set of pointers and guiding principles to address the risks associated with workplace...
One-third of Massachusetts Hospitals Facing Financial Downturn
Sep 14, 2012  
The healthcare Industry in the United States works as a separate entity and many of the healthcare services are privately owned and operated. Healthcare has always been a topic of debate for the U.S. government because policy makers argue that the system is not delivering value for money services. In fact government is spending twice as much on...
Now At-Home TB Diagnosis Looks Possible
Sep 14, 2012  
According to a recent research published in Nature Chemistry, scientists have revealed that a certain sensitive fluorescent molecule is capable of efficiently and quickly tracing TB (tuberculosis) bacteria from the sputum samples. The year 2010 registered approximately 4000 deaths per day because of TB. TB diagnosis takes a few weeks an...
China Economy Gets USD 157 Billion Stimulus with Sanction for 60 Infrastructure Projects
Sep 14, 2012  
Seen as a much required economical stimulus to revive the economy stuck in the worst slowdown in the past three years, China has approved 60 different infrastructure projects valued at more than USD 150 billion. Immediately after the official confirmation of the decision, stocks of major industries such as cement and steel have seen a rise on h...
Battling against flu, vaccination necessary for health workers
Sep 14, 2012  
To battle against flu this season, health officials have tightened their resolve to get more health care workers vaccinated. Flu is a disease that transfers from one to another. Keeping this in mind health officials want every worker in the health care department to get vaccinated. By doing this, it will lessen the chances of others getting aff...
Japan to Cut Import Duties on Indian Generic Drugs Imports
Sep 14, 2012  
The 44th ASEAN Economic Ministers Meeting held last week in Cambodia has certainly brought good news for the Indian Pharmaceuticals industry. During the meeting on the sidelines of the 44th ASEAN Economic Ministers Meet, Indian Commerce and Industry Minister Anand Sharma brought up the issue with his Japanese counterpart Yukio Edano. Yukio Edan...
 

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