Unilever wants to focus on development of business for its fast growing products and therefore it has agreed to sell of its margarine and spreads business for 6.83 billion euros ($8.04 billion) to the U.S. private equity firm KKR. There… Read More ›
Sustainability
Initial Coin Offerings Can Be Illegal, Warns U.S.’S SEC
U.S. federal securities law may potentially be violated by trading and the public offerings of cryptocurrencies, warned the chairman of the U.S. Securities and Exchange Commission (SEC) and added that the it would be potentially dangerous to put money into… Read More ›
Study Shows Growing Number Of American Adults Do Not See Christmas As A Religious Holiday
The attitude of Americans to Christmas appears to be changing even as many tend to believe that Christmas is beleaguered. A study by the Pew Research Center, conducted through aa survey of 1,503 American adults, claims that most of the… Read More ›
Comcast Drops Out Of Race For 21st Century Fox Assets Even As Walt Disney Reportedly Near A Deal With Fox
There can be a final announcement very soon by Walt Disney Co. about its acquisition bid for a large part of 21st Century Fox Inc., said media reports earlier in the week citing sources who are familiar with the matter… Read More ›
Airbus is considering limiting the A380 program to just 6 a year
Ongoing negotiations with Saudi Arabia’s Emirates carrier, which is likely to place an order for 36 A380s, is likely to play a significant role in the future of the A380. A top executive from Airbus SE disclosed the airplane maker… Read More ›
ADB Predicts A Slower Growth Rate For Chinese Economy In 2018
According to the predictions and calculations of the Asian Development Bank, which released a report on Wednesday, there would be stunted growth in the Chinese economy in 2018 even as the bank expects a faster than expected growth for the… Read More ›
Abu Dhabi IPO Sees Investor Betting On A Better Pay Off On Middle East Oil
Share trading in one unit of an oil giant of Abu Dhabi in the first day of trading showed that the investors betting on the exposure to Middle East oil were right in their positivism. There was a rise in… Read More ›
Report Says Growing Interest In Microbiome-based Healthcare Applications
There has been enthusiastic media attention in recent year towards the study of the human microbiome. It denotes the trillions of microbes which exist symbiotically in the human body. In areas of health care applications such as therapeutics, metagenomics, and… Read More ›
Strong Trade Data For November From China Surprises Some Economists
While the growth in the demand for imports were found to be much less and slowing down compared to what economists had expected, the November data for China’s foreign trade also shows that the exports growth made by the second… Read More ›
Bitcoin Surged $2000 In 12 Hours Before Jumping Past $15,000 Mark For The First Time
Bitcoin added an astounding $1200 in its price in a matter of just 12 hours before shooting away to a value foo over $1500 in what is its first instance of touching that number. The incident happened on Thursday. Since… Read More ›
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