The U.S. Department of Energy expects global oil prices to balance themselves out in a year’s time. Ernest Moniz, the Energy Secretary of the United States has disclosed that he expects the global supply and demand of oil to rebalance… Read More ›
Day: May 3, 2016
Johnson & Johnson to pay $55 million in talc powder ovarian cancer trial
The plaintiff had used J&J’s feminine talc powder products such as Baby Powder and Shower to Shower Powder on her genitals for decades. The usage of talc powder for feminine hygiene has been linked to an increased risk of ovarian… Read More ›
Halliburton Baker Hughes merger had raised significant concerns with competition agencies worldwide
As per the EU Commissioner, the EU equivalent of antitrust regulators had worked closely with its peers from U.S., Brazil and Australia. Margrethe Vestager, the EU Commissioner opines that the aborted merger of Halliburton and Baker Hughes is significant, since… Read More ›
VW’s criticized for rewarding its board with a bonus
Volkswagen’s decision to pay a bonus to its board leads to public outcry in Germany. The German finance minister, Wolfgang Schaeuble, has come down heavily on Volkswagen’s board for not waiving bonuses despite the fact that the diesel emission scandal… Read More ›
Bitcoins are likely to become increasingly popular
With their pricing details published by the International Exchange Group, which owns the NYSE, and the CME group, the choppy waters of bitcoins are likely to be dampened. In a move that could significantly boost the credibility of bitcoins, Intercontinental… Read More ›