U.S. sports brand Nike was accused of misleading advertising and Japanese brand Muji for selling food products allegedly sourced from part of Japan affected by radiation at China's annual consumer rights day television show.   Nike had misled consumers over high-tech air cushions in some of...

Fast Retailing Co., owner of the clothing brand Uniqlo, hopes that fast delivery of both the newest collections to stores and custom-made clothes to customers will help overtake Zara brand, owner of the company Tadashi Yanai said in an interview with Bloomberg. Fast Retailing plans to shorten time...

Analysts see this acquisition bringing a promising future for Intel. Mobileye, an autonomous Isreali “vehicle technology firm”, would be bought over by Intel Corp. for “$15.3 billion”, revealed the latter. Moreover, the said purchase deal has the capacity of taking Intel into “direct competition”...

After more than 3 years of sinking prices, revisions to the city-state's property cooling measures is being welcomed by Singapore’s largest listed property firm.   "Together with the government's policies to support population and economic growth, such measures will help to ensure a...

The European Commission approved acquisition of telecommunications company AT&T Time Warner for $ 85 billion, writes the Financial Times. The American telecommunications company thus overcame the last of the barriers to completion of the deal, which was announced last year. Bob Quinn, Head of...

Number of corporate bankruptcies in the world declined in 2016 and reached a record low mark in several leading countries thanks to stimulating monetary policy and ultra-low interest rates in developed economies. This is evidenced by a report of American company Dun & Bradstreet. Thus, certain...

Rivalry and competitions have already crowded the electric vehicle market, wherein Innogy approached the consortium to make a place for itself. The Chief Executive Officer of Innogy, Peter Terium, reported that the company was intensely talking to a “group of carmakers” in the hope of being...

As part of a $4.3 billion settlement reached with the U.S. Justice Department in January over the automaker's diesel emissions scandal, Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements.   This confession comes as the automaker strives to put...

The oil and gas industry conditions are just right for Donald Trump if he wants to bring America’s coal industry back.   Coal is made more competitive in the power sector as natural gas prices are higher than a year ago. Prices for metallurgical coal used in steelmaking are boosted by...