The proposed sale transaction between Better Capital & Chinese firm see a lapse. Better Capital PCC Ltd, a private “equity firm” in the United Kingdom reported about the sale of its “Northern Aerospace Ltd” had not been successful. The prospective buyer was a Chinese, while the “competition...

Japanese pharmaceutical giant Takeda is one step closer to the world leadership in the field of medicines. The company received unconditional permission from the US Federal Trade Commission to purchase the Irish Shire Plc. Japanese Takeda’s acquisition of the Irish company Shire for $ 62 billion...

Tesla’s shareholders rejoiced аor a short time: the company fulfilled its long-standing promise and reached the targets for the production of 5,000 vehicles a week. Then, there occurred reports that the company violates both the safety equipment at the plant and allows a significant amount of...

Another lawsuit has been filed against the crypto-currency start-up Ripple Labs in California. The plaintiff David Oconer demands to recognize the crypto currency XRP as a security. This will mean that the blockchain project is in violation of the law, since it did not register these assets. The...

The manufacturer of smartphones HTC plans to cut about a quarter of the staff at the expense of the production unit in Taiwan. The company is going to do this to optimize costs against the background of the fight against falling sales. HTC has long and deeply mired in losses, and revenue has been...

BP’s petrol stations in Britain to incorporate “rapid charging network” for electric vehicles. BP, a major energy player in Britain, has bought over “largest electric vehicle charging firm” of the country, whereby betting on the EV market’s boom in the coming years.   In fact, similar moves...

A call to legalise cannabis was given by Margaret Thatcher’s favourite free-market thinktank which argued that such a move would potentially save over £1bn generated from extra taxes and other savings in public services.   According to the Institute of Economic Affairs (IEA), last year,...

A provincial government in India imposed a ban on single use plastic last week and now multinational companies such as Amazon Inc and H&M are trying opt convince the authorities to soften the ban.   For companies that depend on plastic for packaging such as retailers, beverage makers and...

Signs that Tesla is in production frenzy to meet its end-June forecast became evident after a Panasonic Corp official warned of occasional battery cell shortages. Tesla has been attempting to increase production of its Model 3 cars following earlier delays.   There however has been...