The Japanese tobacco company Japan Tobacco Inc. (JTI) has acquired a US manufacturer of electronic cigarettes Logic Technology Development, the message of JTI says. The amount and terms of the transaction were not disclosed. The acquisition is expected to have little impact on the consolidated...

Oracle clients can now use a new technology to enable the marketing and sales teams to target the prospects most likely to buy and gain insights that can help increase lead-to-revenue conversion rates. The new technology has been developed by SalesPredict, a leading provider of Customer Lifecycle...

With an eye on the emerging markets of Brazil, China, India and Mexico, American auto manufacturer General Motors is developing new family of vehicles and plans to roll out the new models by 2019. The third largest car manufacturer of the world, General Motors has made provision to invest $5...

Goldman Sachs Execution & Clearing, L.P. has been slapped a fine of $1.8 million for systemic Order Audit Trail System (OATS) reporting violations spanning a period of more than eight years by the Financial Industry Regulatory Authority (FINRA). The company had also failed requirements of...

Israeli pharmaceutical company Teva Pharmaceutical Industries announced an agreement to purchase generics division of the American company Allergan Plc for 40.5 billion dollars. According to Teva’s press release, the boards of directors of both companies unanimously approved the transaction....

Markets around the world have had a bloody week. While markets in the U.S have retreated, the Shanghai stock market has hit rock bottom. Here’s hoping it doesn’t cave out This week began on a bloodbath, shares on Wall Street fell sharply on concerns about the slowing down of the Chinese economy....

In the biggest ever fine for failing to recall defective vehicles, the National Highway Traffic Safety Administration of the United States slapped a fine of $105 million on Fiat Chrysler.   The company would have to the amount against 23 safety recall failure that includes a potentially...

Ridding piggy-back on Facebooks phenomenal success and suing innovative technology, its marketing partner Bidalgo targets to make a fortune this fiscal. Bidalgo, an Israel based company, provides unique solutions to mobile and internet video advertisements. The company is known for its...

From now on, Scotland Yard would no longer refer only to the once most elite police force of the world. The name would be used to signify a new brand of luxury hotels, the first of which is to be housed in the original home of London’s Metropolitan Police Service which policed most of the city in...