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A ‘Truly European’ Payments System To Rival Visa And Mastercard Being Developed By EU Banks 07/03/2020

More Than 7,500 Jobs To Be Axed By Air France 07/05/2020

£400m Stake In Satellite Firm OneWeb Taken Up By UK Government 07/05/2020

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Economics

Greece positive on paying back IMF Tranche

Greece plans to repay a part of its massive loan from IMF on April 9, the country’s deputy finance minister announced amidst uncertainties over its capacity to pay back. Fears backed by contradictory statements from the Greece government on the repayment debacle had been simmering on for last few...

NZ dollar posts record high against Australian dollars

Australia may have won the Cricket World Cup beating New Zealand, but the Kiwis have bowled out Australia in the money market with a record high against the Australian dollar. New Zealand dollar rose to record high against the Australian Dollar, thanks to the traders looked ahead to non-farm...

New research sheds light on bacterial resistance to antibiotics. Monsanto’s response - the ostrich act.

A new study has linked resistance to antibiotics to the widespread usage of common pesticides, 2-4D, glyphosate and Dicamba. Glyphosate is an active ingredient found in herbicides and in Roundup. The World Health Organization (WHO) announced last week that as per its findings glyphosate ranked as...

New Trend of Keeping Oil in Store

India, ranked third in the world in terms of oil imports, for the first time has began to create strategic reserves. America and China also continue to increase reserves. According to experts, now it is the most profitable time to create a reserve, as the prices in the short term will go up. India...

Citigroup to Change its Plans in Asia

US bank Citigroup Inc. plans to increase its assets under management of its Asian unit up to 10%t to work with VIP-clients this year (thus repeating the previous year), in a growing number of millionaires in Asia, Bloomberg reports . - The upward trend of the growing number of middle class and...

The impact of oysters on North Carolina’s economy

In order to spur interest in the oyster economy, researchers have created four models which attach economic values to improved oyster habitat. In early March 2015, a few enthusiasts responded to a summit invitation by North Carolina’s Coastal Federation so as to create a strategy on how to restore,...

UN: Employment for the masses is a key need

UN officials agree to the fact that nations need to have a strategy in place so as to promote sustainable employment for the masses. Officials from the United Nations are repeatedly underlining the growing importance for member states to generate employment so as to tackle the twin evils of poverty...

US is No Longer a Country of Consumers

America is no longer a country of consumers: people prefer to save rather than spend. This trend could not been reversed by any improvement in the labor market or lower gasoline prices. It would seem that both of these factors were to be an excellent occasion for millions of Americans to spend...

Teva to Buy Auspex Pharmaceuticals

Israel's Teva Pharmaceutical Industries company announced the purchase of American Auspex Pharmaceuticals for $ 3.2 billion on Monday. The deal, approved by the boards of directors of both companies and major shareholders of Auspex, is scheduled for completion in mid-2015. According to Teva’s...

Unilever dramatically reduces its environmental footprint by adopting the 4R approach

Unilever’s adoption of the 4R approach has paid handsome dividends in the form of 100% zero waste to landfills. This is not just for one particular factory, or location, but for all of Unilever’s operations all over the world. With its sales network in more than 190 countries, Unilever, is one of...