The promotional strategy of giving retailers cash rewards, shopping vouchers and even money to renovate, anti-smoking groups in Indonesia have slammed Big Tobacco. They have also urged the authorities to enforce advertising curbs to safeguard public health.   Including a ban on tobacco firms...

Months of intense debate in the crypto-currency community, fears and frenzied course jumps are over. The hardfork of bitcoin has taken place, but it did not lead to any terrible consequences. The new currency called Bitcoin Cash has skyrocketed on the first day of its existence and, justifying...

Although one of the most powerful countries in the world continues to exert a great influence both on the financial and technological sectors separately, the leadership in the field of fintech will shift to Asia in the next couple of years. Consulting company CB Insights suggests that although...

With the aim to leverage their experience of deepwater development and the crowded offshore wind arena at home, some European oil majors have made inroads into the emerging U.S. offshore wind energy market.   They are looking across the Atlantic at what they view as a huge and potentially...

It is nearly two years since allegations of bribery in Africa first surfaced against them, Britain has opened a formal investigation into suspicions of corruption at British American Tobacco (BAT) and its subsidiaries.   The company intends to cooperate with the investigation but did not...

Setting the stage for the biggest test yet of the company's strategy to become a profitable, mass market electric car maker, as he handed over the first 30 to employee buyers, Tesla Chief Executive Officer Elon Musk said on Friday the Model 3 had over half a million advance reservations.  ...

As a large swath of chip names reports quarterly results in a sector that may have run up too far for some investors, the high-flying semiconductor stocks may be poised for more losses in the coming weeks.   Including Applied Materials, Nvidia and Marvell Technology, investors will parse...

American consumers wrote a collective complaint against German automakers, namely Volkswagen, Daimler and BMW. Just like in Germany, they are accused of cartel collusion, Der Spiegel writes. It is reported that German automakers in the United States acted contrary to local competition laws. In...

As U.S. refineries seek to meet rising demand - from overseas, rather than the drivers on nearby roadways, they are producing more fuel than ever.   In an outgrowth of booming domestic production since the shale oil revolution started in 2010, the U.S. became the world's top net exporter of...