Author Archives
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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 ›
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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 ›
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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 ›
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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 ›
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U.S. Justice Department requests Daimler to check the emissions of its diesel vehicles
Daimler has hired Deloitte Touche Tohmatsu for this purpose. Yet another car manufacturing company has come under the lens for its diesel engine emission claims. Audit firm, Deloitte Touche Tohmatsu has been hired by Daimler to assist its internal investigation… Read More ›
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Jean Marc Janaillac set to take the helm at Air France KLM
Job cuts by France’s socialist government and dealing with the company’s powerful unions will be the challenges Janaillac will have to face as Air France KLM’s CEO, to name a few. As per a source who is close to the… Read More ›
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France’s smart maneuvering landed it a lucrative defense contract
The contract would have originally gone to Japan, but France with her smart quick made the contract her own. In 2014 when the Japanese Prime Minister met his Australian counterpart to make a $40 billion deal for the manufacturing of… Read More ›
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Germany in talks with Panama in the wake of the Panama Papers
After the leak, Panama has come increasingly under international scrutiny with countries wanting increased cooperation and transparency. In the wake of the leak of the Panama Papers, Germany’s Chancellor Angela Merkel has spoken at length with Juan Carlos, Panama’s President… Read More ›
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The Eurozone’s economy registers significant growth
Despite deflationary tendencies snapping at its heels, the Eurozone registered a strong economic growth principally by the economies of France and Spain, its growth was 3 times the growth registered by the U.S. economy. In this year’s first quarter, the… Read More ›
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Delta Airlines places orders for 37 A321 from the Airbus Group SE
The deal is worth $4.25 billion. In addition to this, it has also placed an order for 75 CS100 aircrafts from Bombardier Inc. In order to help replace its ageing fleet of aircrafts, Delta Airlines has reported that it has… Read More ›
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