Author Archives
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Pledge To Eliminate Plastic In UK By 2030 Taken By Global Soft Drink Cos
An action plan that was presented to the British parliament is being touted as the biggest pledge made up by global soft drink companies till date in replacement of throwaway plastic bottles for their products. The report was sponsored and… Read More ›
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Chipmaker Broadcom’s Q3 Results Beat Estimates, Share Rise
Stocks of chipmaker Broadcom climbed on after hours trading on Thursday after the company reported better than expected for the third quarter of the current fiscal. the company beat Wall Street’s estimate for profit even though its revenues was not up to… Read More ›
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Scandal Hit US Blood-Testing Firm Theranos To Be Officially Shut Down
The shareholders of the scandal-hit US blood-testing start-up Theranos have been officially involved by the company’s chief executive David Taylor that the company would be formally dissolved. There is no more time remaining with Theranos to get a buyer for… Read More ›
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Almost 10% Increase In US Trade Deficit In July Despite Tariffs
If the July trade deficit of the United States is anything to go by, then the largest economy in the world is potentially heading to wards recording its highest trade deficit for 2018 in a decade according to analysts. The… Read More ›
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America Divided Over Colin Kaepernick’s ‘Just Do It’ Nike Ad, Shares Fall
Sports apparel giant Nike faced flack from social media users and calls were given to boycott the company products after the company declared that it would include Colin Kaepernick for the 30th anniversary of the “Just Do It” slogan. There… Read More ›
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Goldman Sachs Halves Tesla Value From What Musk Had Stated In A Tweet
According to the Wall Street investment bank Goldman Sachs, the value of electric car maker Tesla is half of what its founder and CEO Elon Musk tweeted it to be at $420 a share when he recently famously tweeted his… Read More ›
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Myanmar Court Sentence For Reuters Reporters Draws Severe Criticism
Despite a recent damning report from the United Nations calling the killings of the Rohingyas to be a genocide conducted by the Myanmar military which increased pressure on the country’s government, a court of the country sentenced two Reuters news… Read More ›
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How 5 Emerging Economies Are Being Affected By Recent Rumbles In Emerging Market
The currencies of the emerging economies are being battered – from Argentina’s peso to Turkey’s lira. This year however the emerging economies have been sent into a turmoil and a number of global issues including increasing US Fed rates, political… Read More ›
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Trump Tariffs Force Ford To Cancel Import Of China-Made Vehicle Into US
The 25 per cent tariff on Chinese vehicle imports implemented by the Trump administration has forced U.S. automaker Ford Motor to cancel its plan of importing the new Focus Active crossover model being manufactured in its Chinese plants. “We have… Read More ›
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The Film Crazy Rich Asians Inadvertently Highlights Asia’s Inequality
The number of super rich in Asia is the focus of the film Crazy Rich Asians that hit the box office this month. This is clearly reflected in any of the shopping malls in Singapore – the place of the… Read More ›
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