PG&E Corp is of the opinion that authorities are likely to conclude that the November forest fire, California’s most destructive and deadliest fire of modern times, was sparked by its equipment. In a filing in U.S. Bankruptcy Court in San… Read More ›
Regulations & Legal
Starbucks recalls 263,000 coffee presses due to deep puncture wounds hazard: U.S. Consumer Product Safety Commission
Starbucks had made the coffee presses in partnership with Bodum. They were sold in Starbucks cafes and on its website from Nov. 2016 through January 2019. As per a statement from the U.S. Consumer Product Safety Commission, Starbucks Corp is… Read More ›
Rate Of UK Firms Going Into Administration In Q1 Highest In Five Years
According to official figures in eth United Kingdom, the rate of increase in the number of company administrations reached its highest since the last five years because of continued uncertainty over Brexit and the struggling high street retailers. In the… Read More ›
Deutsche Bank And Capital One Sued By Trump Because Of House Subpoenas
With the aim of preventing two banks from handing over his financial records to the US Congress, United States President Donald Trump filed legal cases against two banks. The two banks – Deutsche Bank and Capital One, were issued subpoenas… Read More ›
European Court of Justice backs EU’s free trade agreement with Canada
In a landmark judgement, the ECJ ruled that provisions of the Comprehensive Economic and Trade Agreement (CETA) are not in breach of EU law. Incidentally, CETA is yet to be full implemented in the EU. On Tuesday, in a significant… Read More ›
Japanese Researchers Want To Use Pigs To Grow Human Organs For Transplantation
According to a report published by Kyodo News use of human cells for growing pancreases in pigs for transplantation is being planned by scientists at the University of Tokyo. According to Professor Hiromitsu Nakauchi, cited in the Kyodo News report… Read More ›
Greater Number Of US Millennials & Gen Z Dying Of Opioid Overdoses, Claims New Research
According to a study published recently, there has been a sharp rise in the rate of death for overdoses by teens and young adults because of the United State-wide opioid epidemic. The study published in the peer-reviewed Journal of Studies… Read More ›
Study Finds ‘Biodegradable’ Plastic Bags Intact After 3 Year Exposure To Natural Elements
A recent study has found that even after being exposed to the natural environment for a period of three years, some plastic bags that were supposed to be bio degradable were intact and in a condition of being still used… Read More ›
European Commission ends antitrust probe on Visa & Mastercard
Visa & Mastercard have offered to cut non-EU card fees to stave off fines and end the European Commission’s antitrust probe. On Monday, the European Union’s antitrust chief Margrethe Vestager stated, it has accepted an offer by Visa and Mastercard… Read More ›
Bayer faces strong legal headwinds, gains shareholders backing despite AGM rebuke
It would be interesting to see Bayer’s due diligence for its acquisition of Monsanto since even before Bayer’s $63 billion acquisition of Monsanto, the latter was facing lawsuits related to its Roundup weedkiller. According to two of Bayer’s largest German… Read More ›