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  • Belgium Chemical Manufacturer Solvay Buys Cytec

    Published On : Jul 31, 2015  

    Solvay, the Belgian-based chemical group will acquire Cytec, the U.S. chemical company, in an attempt to strengthen its business in lightweight composites for cars and planes. The acquisition deal worth US$5.5. billion, would boost Solvay’s mining chemical business. North America is the Belgian chemical manufacturer’s largest market...

  • Sea Turtle Researches Hunt for China’s First Blockbuster Diabetes Drugs

    Published On : Jul 31, 2015  

    The Chinese researcher, Chen Li, is on the quest to create the billion dollar drug for diabetics, which is the fastest growing patient group in China. At the last count there were 114 million, which are more than double of 2010 estimate. The numbers are growing because of changing lifestyles and diets, and the genetic susceptibility to ...

  • China Instituted New South China Fleet for Maritime Militia

    Published On : Jul 31, 2015  

    China is building another fishing fleet at the South China Sea for its sea state army in a move that could increase provincial question, a specialist told at a gathering at the Center for Naval Analyses (CNA) on Wednesday. China's maritime militia, one of the understudied offices in the activity of Chinese maritime power ordinarily utilizes civ...

  • American Apparel Facing Decline in Australian Market

    Published On : Jul 30, 2015  

    American apparel, a California-based clothing company, is facing a sharp decline in sales in Australia. American apparel is famous for its non-branded clothes and sweat-free status. The declining sales in Australia indicates a fading link with the robust base of customers, it once had in the nation.  As per the statistical figures,...

  • De Rucci Enters U.S. Market in a Bid to Expand its Business

    Published On : Jul 30, 2015  

    De Rucci, a China-based bedding and home furnishings company, has entered the U.S. market with an extravagant showroom, specially designed to showcase the manufacturing and retail capabilities of the brand. The new 7,500-square-foot showroom of De Rucci will be based in Las Vegas and is expected to replicate the high-end home furnishing...

  • Total Seeking Buyer to Sell 50% of Port Arthur Refinery

    Published On : Jul 30, 2015  

    Total Petrochemicals and Refineries USA, Inc. is looking for a buyer to sell half of the Port Arthur refinery. The head of Human Resources at Total, Wendy Ashworth, said that selling 505 of the company would lead the company have a strategic alliance similar to the company’s joint ventures in Qatar, Saudi Arabia, and South Korea.&...

  • Would Power of Siberia Pipeline Open Opportunities for Russia?

    Published On : Jul 30, 2015  

    China and Russia have signed the US$400 billion contract, after almost a decade of stalled negotiations. The contract that has been signed for 30 years includes Russia to provide China 38 billion cubic meters of natural gas every year. At the time of initial negotiations, Russia did not accept a price that was below the average gas pric...

  • Tighter Regulation in China Slows Growth of Core Shadow Banking

    Published On : Jul 30, 2015  

    Regulatory bodies in China has imposed stringent regulations to slow the growth of the core shadow banking activity, according to a statement released by Moody – the leading rating agency on Monday.  The growth and expansion of the core shadow banking activity in China has reduced significantly below the nominal rate of GDP g...

  • Dutch Bank Launches Voice Activated Payments System through its Mobile App

    Published On : Jul 30, 2015  

    When accessing accounts online, users have to go through a numerous steps. They have to remember the password and give answers to countless security questions. However, a bank in Netherlands is researching on technology that it hopes will streamline the process of net-banking by rolling out a voice-activated system.  The ING Nether...

  • Chinese Scientists Discover Potentially Effective Treatment for Obese Children

    Published On : Jul 29, 2015  

    Obesity is growing like an epidemic across the globe. The condition, and the many health issues it brings with itself, has many socio-economic impacts on the society. Many research studies are being undertaken to find an effective way to tackle obesity and its causes.  One such research study, led by Chinese scientists, has led to ...

  • Speculations for American Apparel to keep Made in the USA Commitment?

    Published On : Jul 29, 2015  

    America Apparel, under the leadership of recently appointed CEO Paula Schneider  has been shutting down stores, shifting excess inventory, and laying off corporate and factory workers in a move to save money, which the company has been working on. Schneider has taken over the company earlier in the year from its troubled founder, D...

  • Chinas E-retail King Alibaba to Invest US$1 billion in Cloud Computing

    Published On : Jul 29, 2015  

    Alibaba, the Chinese e-commerce giant has plans to invest US$1 billion in its cloud computing arm in a move to escalate its international presence. The announcement was made earlier in the week as the company looks beyond its traditional markets and core business. The Aliyun unit of the company will utilize funds in part to establish cl...

  • The Guilty Chinese National wants Deportation, Although U.S. Demands Jail

    Published On : Jul 29, 2015  

    A Boston university Chinese student who confessed to getting a fake international ID to have another person take a graduate test for school entrance has requested to be sent back to China, as part of the punishment. In any case, the central government says he ought to first be detained in the U.S. as a case to others attempting to cheat...

  • UK Universities Not in Favor of the New Assessment Ranking

    Published On : Jul 29, 2015  

    It may appear to be late in the day, yet now that the rule of paying £9,000 a year for university appears to have been built up, inquiries are being approached about what students get for it. The contention has long been made that they land a decent position: figures from the Department for Business, Innovation and Skills show graduates p...

  • Growth of the Craft Brewing Market in the U.S.

    Published On : Jul 29, 2015  

    As per the BA (Brewers Association) the craft brewing market has been a prospering one for quite some time now. And this market registered a considerably high rate of growth during the first six months of 2015. The Brewers Association is a trade association which is dedicated to independent and small craft brewers of America. The total producti...

  • Danone to Increase Stake in Mengniu via Sale of the Dumex Business

    Published On : Jul 29, 2015  

    Danone will soon be utilizing the revenue generated by its Dumex China infant formula business to enhance its stake in China Mengniu Diary Company Ltd. For this, Danone had proposed the sale of the Dumex infant formula business to Mengniu. Recently, Danone declared that it had entered a certain preliminary contract pertaining to the sale of Dum...

  • Medical Establishments in China Keen to Invest on Immune Cell Cancer Treatment

    Published On : Jul 28, 2015  

    The immunological treatment of cancer has successfully attract the interests of leading medical institutions in China, despite concerns in other countries regarding the safety and effectiveness of the procedure.  According to latest reports, there are possibly eight listed companies in China that have entered the market segments as...

  • Reserve Bank of India Not Happy with Proposed Structure of Monetary Policy Committee

    Published On : Jul 28, 2015  

    According to the reports, the Reserve Bank of India might say no to the structure of the Monetary Policy Committee proposed by the latest version of Indian Financial Code. Though the central bank is in agreement with the government on inflation targeting and establishing a policy committee to set benchmark rates, it is not happy with the struct...

  • Bank-based Financial System of China Not to be Affected Largely by Share Market

    Published On : Jul 28, 2015  

    The past few weeks that witnessed the tumbling of China’s share market, have raised some questions about the state of the economy in China. It is true that the investors are scared, stock market slumped, and the country is experiencing the slowest growth rate since last two decades but China’s financial system is expected to be not ...

  • Wireless Charging Pad in Samsung’s Newly Introduced Monitor

    Published On : Jul 28, 2015  

    Monitors have gotten more slender, brighter, and bigger all these years, yet Samsung supposes it may have sensed what the people from the next generation will need in their desktop screens which is the wireless phone charging. They recently declared SE370 monitor will be introduced in both 23.7 and 27-inch variants with an extravagant stand con...

  • 10G Network Backbone Being Implemented by SJTU of China

    Published On : Jul 28, 2015  

    Shanghai Jiao Tong University (SJTU), has implemented a 10 Gbps network backbone traversing its five campuses to suit the proceeded development of data traffic from administrative and academic frameworks. The new backbone, which keeps running on changing switches from Brocade, has empowered the universities to diminish costs and streamline admi...

  • Red Bank Dental Office Introduces its Informative Website for Spreading Knowledge about Oral Health

    Published On : Jul 28, 2015  

    Dr. Denise DiBona, the owner of Red Bank Dental Office, offers complete dental care treatment including general dentistry, fastbraces, emergency care, restorative dentistry and dental implants. SmartBox Web Marketing will be launching a user-friendly website for Dr. Denise for online dental support to her patients. Dr. Denise says that the new ...

  • Jordan Files Complaint against Israeli Airport Too Close to Jordanian International Airport - ICAO to Look in to the Matter

    Published On : Jul 27, 2015  

    ICAO, the International Civil Aviation Organization, has started investing a complaint that was lodged by Jordan against the construction of an airport led by Israel near Aqaba. The transportation minister of Jordan, Lina Shabib, said in a statement to the daily newspaper of the country al-Ghad that the International Civil Aviation Organization...

  • Chinese Company Uses Unique 3d Printing Methodology to Build House in Less Than 3 Hours

    Published On : Jul 27, 2015  

    A Chinese construction company is all set to revolutionize the way houses are built through the use of the technology of 3D printing.  Zhuoda Group, the company based in Xi'an, central China claims that it has found a way to build houses that will be ready with the press of a button, assembly of which will require under 3 hours’ time...

  • China Looking Out to Acquire Overseas Tech Firms through GSR Ventures US$5 Billion Fund

    Published On : Jul 27, 2015  

    The Chinese dragon is looking out to acquire global technology. GSR Ventures, the Chinese venture capital firm is raising fund worth US$5 billion to buy assets overseas. According to people close to the matter, the fund will aim to acquire companies specializing in sectors such as biotechnology, internet, and technology. Even though the country...

  • Bidalgo Benefits from Partnership with Facebook

    Published On : Jul 27, 2015  

    Bidalgo, the marketing partner of Facebook, is aiming to triple its sales in 2015 with its new technology that automates the process of making personalized online video advertising. Facebook’s increasing expansion in the video market has hugely contributed to the profits made by Bidalgo through its technology.  According to P...

  • Naurex to be Taken over by Allergan for a Sum Worth US$560 Million

    Published On : Jul 27, 2015  

    The largest Botox manufacturing firm, Allergan will soon be investing a sum worth US$560 million in order to buy Naurex, which is a manufacturer of antidepressants which have the ability to start working in a matter of a few hours as against depression drugs that take weeks to finally start working. Allergan also specializes in the treatment of...

  • China Healthcare Sector Witnesses Uneven Development

    Published On : Jul 27, 2015  

    The healthcare industry of China has failed to show even and uniform development which has lead to a certain pressure on the healthcare sector. The classification of hospitals is on the basis of grades. Grade I hospitals refer to the small ones which are only equipped with basic diagnostic and testing devices. Whereas, the grade III ones are by...

  • Imagination Technologies Opens a General Manager Role to Lead its Growing Operations in China

    Published On : Jul 24, 2015  

    As reported in London on July 23, 2015 by the Globe Newswire, Imagination Technologies has announced the appointment of James Liu as the general manager for the company operations. James will be appointed as the manager to expand China operations. This new designation was created by the company to strengthen the senior management team and conne...

  • Nestle Establishes Food R&D Facility in Ohio

    Published On : Jul 24, 2015  

    Nestle recently started a new R&D center in Ohio. This center has been started in Solon and marks the end of a two year old project worth US$50 million to set up this global R&D center that is mainly focused on transforming the techniques in which people all across the globe enjoy chilled and frozen foods.  This facility kn...