
Debdutta Ghosh
World & Politics
2014 Recorded the Highest Rate of Fatal Drug Overdoses in the US, say CDC Data
The Centers for Disease Control and Prevention claim that the deaths from drug overdoses have surged across the US to record levels. The deaths in the US in 2014 due
Published on December 19, 2015
By Debdutta Ghosh
Economics
Employees Getting โDemotivatedโ by Widening Gap with CEOs in UK, says a Study
The pay gap between the bosses and the general workforce is demotivating staff in the UK, claims a recent survey by the Chartered Institute of Personnel and Development (CIPD). The
Published on December 19, 2015
By Debdutta Ghosh
World & Politics
US Bomber Flypasts Spartly Islands in South China Sea, Angers Beijing
Following the straying of a B-52 bomber within two nautical miles of Chinese-claimed territory in the South China Sea last week, the US was accused by the Chinese authorities of
Published on December 19, 2015
By Debdutta Ghosh
Business & Finance
San Diego Based โIsis Pharmaโ Chnages Name to Free Execs and Investors Of ‘Distraction
While it is not clear whether a name change had to do anything about the Islamist radical militant group, Isis Pharmaceuticals, a San Diego-based biotech company, decided to change its
Published on December 18, 2015
By Debdutta Ghosh
Business & Finance
Supply Weighs Force Oil heads to head for Third Straight Weekly Loss
Crude oil prices headed for a third weekly loss in a row, its longest losing streak in four months even as oil prices in general edged higher on Friday as
Published on December 18, 2015
By Debdutta Ghosh
World & Politics
2016 Set to be the Hottest Year on Record Globally: UK Met Office
A UK Met Office forecast claims that 2016 is set to be the warmest year ever recorded. 2016 would be the third consecutive year that global temperature records would be
Published on December 18, 2015
By Debdutta Ghosh
Business & Finance
Riding on Increased Software Business, BlackBerryโs Third-Quarter Revenues Tops Expectations
Indicating turnaround efforts may be gaining traction BlackBerry reported its first quarter-to-quarter revenue gain in over two years o Friday as the company reported a smaller-than-expected fiscal third-quarter loss. BlackBerry
Published on December 18, 2015
By Debdutta Ghosh
Business & Finance
Apple to Tie up with UnionPay to Offer ApplePay in China, to take on Alibaba, Tencent head on
Taking its Chinese rivals Alibaba Group Holding and Tencent Holdings head one, Apple Inc said it will launch its payment service in China as soon as 2016. China’s main bank
Published on December 18, 2015
By Debdutta Ghosh
Economics
US Employment Figures Boosted as New Franchise Models become Popular
The franchise model in the US industry has been able to perform better than other models and recent study shows that it has generated the most employment and contributing significantly
Published on December 17, 2015
By Debdutta Ghosh
World & Politics
Japanโs Appreciation for its Toilets now reflected in a $60 million Museum
The Washlet, the high-tech, derriere-washing, tushie-warming toilet makes the Japanese proud perhaps in the same manner as they are proud of the Walkman and the PlayStation and karaoke. And as
Published on December 17, 2015
By Debdutta Ghosh
Business & Finance
Shellโs takeover of BG not Likely to be Scuttled due to Oil Price Slide
The fact the same investors own nearly half of both firms means the deal of Royal Dutch Shell’s takeover of BG Group is still likely to go through even as
Published on December 17, 2015
By Debdutta Ghosh
Business & Finance
Securities Fraud Probe in the US Results in Arrest of Turning CEO.
Following a federal investigation involving his former hedge fund and a pharmaceutical company he previously headed, Martin Shkreli, a lightning rod for growing outrage over soaring prescription drug prices, was
Published on December 17, 2015
By Debdutta Ghosh
Economics
Central Bankers World over Now Left with Unraveling China Slowdown after Lifting of Fed Fog
The risks that are associated with a slowing down Chinese economy are being assessed by the worldโs central banks as they try and estimate the potential risk to their economies.
Published on December 17, 2015
By Debdutta Ghosh
Science & Technology
Arctic Region โProfoundly Affectedโ by Record High Temperatures in 2015
With scientists warning that climate change is having โprofound effectsโ on the entire marine ecosystem and the indigenous communities that rely upon it, the Arctic experienced record air temperatures and
Published on December 16, 2015
By Debdutta Ghosh
Business & Finance
Qualcomm Decides to Stick to its Current Structure and Decides Against a Break up of Its Business
Concluding a six-month strategic review instigated by hedge fund Jana Partners, chip giant Qualcomm Inc has decided not to split into separate chip making and technology licensing businesses. The current
Published on December 16, 2015
By Debdutta Ghosh
Business & Finance
Fully Automatic Vehicles to be Tested by Ford Motors in California Next Year
The first fully autonomous Ford Fusion Hybrid sedans would roll out from the Ford Research and Innovation Center Palo Alto at the company expects the cars to take California streets
Published on December 16, 2015
By Debdutta Ghosh
Business & Finance
Former Yahoo Executives Named by the Company Shareholders as Potential Mayer Replacement
As Yahoo comes under pressure to change strategic direction, shareholders consider former Yahoo executives Ross Levinsohn and Jacqueline Reses as potential replacements for Chief Executive Officer Marissa Mayer. New York-based
Published on December 15, 2015
By Debdutta Ghosh
Business & Finance
$20 Billion Asset Swap With Boehringer Planned to Reshape Sanofi
Talks for a $20 billion swap are going on between Sanofi and Boehringer Ingelheim. The family-owned German group’s consumer health operation is proposed to be swapped with the French pharmaceuticals
Published on December 15, 2015
By Debdutta Ghosh
Business & Finance
Lingering Supply Glut Forces Moody’s to Slash Oil Forecast for 2016
Due to the high levels of supply that may be heightened by the lifting of sanctions against Iran Moodyโs has cut its oil price forecast for next year by $10
Published on December 15, 2015
By Debdutta Ghosh
World & Politics
‘Sarcastic’ Internet Post Insulting Thai King’s Dog in Places Him for Potential Prison
A factory worker in Thailand is being investigated for mocking the kingโs dog. The same person is facing up to 37 years in jail for insulting the military rulers pf
Published on December 15, 2015
By Debdutta Ghosh
Economics
Drop in Share Prices Halts UK Governments Attempt to Privatise Llyods Bank
The governmentโs plan to sell off the stocks of Lloyds Banking Group at a profit and return the bank to private hands was halted after the shares of the group
Published on December 14, 2015
By Debdutta Ghosh
Business & Finance
Fear of Worsening Gult Pushes Global Oil Prices to Drop Further to Near 11 year Low
Coming close to 11-year lows due to fears that the global oil glut would worsen in the months to come in a pricing war between leading OPEC and non-OPEC producers,
Published on December 14, 2015
By Debdutta Ghosh
Business & Finance
After Having โDisappearedโ Since Thursday, Billionaire Head of China’s Fosun Re-emerges
After giving โdisappearedโ from public view for quite some time, the billionaire chairman of Fosun Group, one of China’s biggest privately held conglomerates, re-emerged on Monday. Guo Guangchang was accused
Published on December 14, 2015
By Debdutta Ghosh
Business & Finance
Nurofen’s Maker Ordered to Recall Products from Retail Shelfs in Australia after Company Concedes to Misleading Consumers
After a court ruled it had made misleading claims, the drug giant Reckitt Benckiser was ordered on Monday to pull some of its popular Nurofen painkiller brands off shelves in
Published on December 14, 2015
By Debdutta Ghosh
Business & Finance
China Green Signal to Shell – BG $70 Billion Deal
Royal Dutch Shell received the green light from China on Monday to finally complete its takeover by crossing the last hurdle in its takeover of BG Group. Now the last
Published on December 14, 2015
By Debdutta Ghosh
World & Politics
Any Target Threatening Russia in Syria would be โImmediately Destroyedโ: Putin
Representing a strong warning to Turkey following its shooting down of a Russian warplane at the Syrian border, Russina President Vladimir Putin has vowed Russiaโs military will โimmediately destroyโ any
Published on December 11, 2015
By Debdutta Ghosh
World & Politics
Long Standing Toxic Smog forces Delhi Authorities to Consider Shutting Down Schools
As a bout of toxic smog stretches into a second month, authorities in Delhi are considering shutting schools in the sprawling Indian capital. The pollution levels in this megacity has
Published on December 11, 2015
By Debdutta Ghosh
Business & Finance
Lehman Trader Still fighting for his $83 Million Bonus 7 years after the Bank Failed
A little-known bond trader was on a hot streak before Lehman Brothers collapsed, pulling the trigger on the global financial crisis. More than $700 million in profits was given to
Published on December 11, 2015
By Debdutta Ghosh
World & Politics
US Official Claims Islamic State’s Illegal Oil Being Used in Aasad’s Syria and Turkey
Turkey along with the government of Syrian President Bashar al-Assad and has been blamed again of buying cheap oil form the Islamic state โ and this time it is not
Published on December 11, 2015
By Debdutta Ghosh
Business & Finance
$130 billion Chemical Giant to be Created by Dow and DuPont Merger
In a win for activist investors that could spark further consolidation in the farm chemicals industry, chemical giants DuPont and Dow Chemical Co agreed to merge in an all-stock deal
Published on December 11, 2015
By Debdutta Ghosh
Business & Finance
Export of Tar Sands to Europe to Rise Alarmingly: Reports
Environmentalists have claimed of an alarming rise in highly polluting tar sands imports due to a surge in US exports of crude oil to Europe this year. Since April 2014,
Published on December 10, 2015
By Debdutta Ghosh
Business & Finance
Food Poisoning Threatens Fast Food Chain Chipotleโs Reputation
A series of food poisonings and other challenges are threatening is threatening the darling of the fast-food world โ Chipotle. The challenge for Chipotle is to cater to the demand
Published on December 10, 2015
By Debdutta Ghosh
Business & Finance
Crude Price Slump Results in Zombies Appearing in US Oilfield
As oil prices lurch further away from levels that allow them to profitably drill new wells and bring in enough cash to keep them in business, U.S. shale oil companies
Published on December 10, 2015
By Debdutta Ghosh
Business & Finance
Internal Investigations Reveal Only Small Group Responsible for Emissions Scandal at Volkswagen
Volkswagen claimed that no high ranking official of the company โ including the board members, were responsible for cheating U.S. diesel emissions tests. The German car manufacturer said this on
Published on December 10, 2015
By Debdutta Ghosh
Science & Technology
Researcher Proposes Black Matter Theory Behind Dinosaur Extinction
There have been several theories on what resulted in the extinction of dinosaurs more than 66 million years ago. However it was not until 2014 when researchers provided a theory
Published on December 10, 2015
By Debdutta Ghosh
Science & Technology
Chinese Researchers Claimed to Have Developed a Car that One Can Control with the Power of the Brain
Researchers in China claimed to have developed a system that would enable a person to use the power of the brain to drive a car. Researchers from the Nankai University
Published on December 8, 2015
By Debdutta Ghosh
World & Politics
Womanโs Car Calls up Police Leading to her Arrest for a Hit-and-run Incident, after she had Fled
An unusual phone call to 911 helped the police solve a hit and run case in Florida, claimed the local police. A woman was arrested following the phone call. However
Published on December 8, 2015
By Debdutta Ghosh
Economics
A Day of Cybersecurity Could Cost UKโs Top Firms upto ยฃ10,000: Survey
With the proliferation of instances of corporate hacking, cybersecurity experts are having a field day โ at least that is what the scenario is in the UK according to a
Published on December 8, 2015
By Debdutta Ghosh
Business & Finance
Strong Opposition from US Antitrust Regulators Forces GE to Call off Electrolux Deal
Following months of opposition from U.S. antitrust regulators, a possible deal to sell off appliances business to Sweden’s Electrolux was cancelled by General Electric. The deal was worth $3.3 billion.
Published on December 8, 2015
By Debdutta Ghosh
Economics
A Revised Third Quarter GDP Expansion Helps Japan to Dodge Recession
Japan’s economy offered a glimmer of hope for policymakers struggling to end years of stagnation after the far eastern economic giant managed to wade off recession in the third quarter
Published on December 8, 2015
By Debdutta Ghosh
World & Politics
Pollution Red Alert Sounded in Beijing, Vehicles, Factories & Educational Institutions to Remain Shut
Following an acrid smog that enveloped the Beijing for the second time this month, the Chinese authorities have issued its first pollution red alert for the Chinese capital. The alert
Published on December 7, 2015
By Debdutta Ghosh
Business & Finance
Record Fine Proposed by Japanese Regulators Against Toshiba for Accounting Fraud
A fine of record proportions amounting to ยฅ7.37 billion ($60 million) was proposed to be levied on Toshiba Corp., on Monday by the Japanese regulators after a $1.9 billion accounting
Published on December 7, 2015
By Debdutta Ghosh
Business & Finance
CMA CGM Offer of $2.4 b for Singapore NOL Would Make it the Dominant Player in Trans Pacific Lane
With the aim to expand its presence on trans-Pacific routes, France’s CMA CGM – the world’s third-largest container shipping firm, wants to buy out Singapore’s Neptune Orient Lines. The French
Published on December 7, 2015
By Debdutta Ghosh
Economics
Investors Expect Oil Prices Expected to be Lower for Even longer After OPECโs Decision to Lift Produciton Ceiling
A decision by the OPEC to lift a production ceiling resulted in global fall in oil prices influencing the investors and experts to predict that the oil prices would remain
Published on December 7, 2015
By Debdutta Ghosh
World & Politics
No Ground Troops to Fight ISIS in Iraq and Syria: NATO
Stressing the need to bolster local forces in the fight against Islamic State militants in Syria , NATO has ruled out sending ground troops to fight against Islamic State militants
Published on December 7, 2015
By Debdutta Ghosh
Business & Finance
Russia Stuck with Miles of Abandoned Gas Pipes Worth Billions After Turkey Row
As a potent symbol of Russia falling out with Turkey, gas pipes worth 1.8 billion euros ($1.95 billion) are to be left stranded on the shores of the Black Sea.
Published on December 3, 2015
By Debdutta Ghosh
Business & Finance
Target Agrees to Pay $39.4 Million in Settlement with Banks Over Data Breach
Paying for their late 2013 data breach as claimed by banks and credit unions, Target Corp has agreed to pay $39.4 million to resolve claims. Lenders had sought to hold
Published on December 3, 2015
By Debdutta Ghosh
Business & Finance
Allegations of Deceptively Collecting Student Data Refuted by Google
In a public post defending its privacy protections, Google denied accusations that it deceptively tracks and stores student data through its education services on Wednesday. โWhile we appreciate the EFFโs
Published on December 3, 2015
By Debdutta Ghosh
World & Politics
Reports Claim More Fifa High Ranking Officials Arrested from Zurich
The investigations against the World football body FIFA intensified as more high-ranking Fifa officials were arrested as part of a long-running corruption investigation led by the United States, said reports
Published on December 3, 2015
By Debdutta Ghosh
Science & Technology
Scientists Claim One Third of Earthโs Arable Land has Been Lost in the Last 40 Years
Scientists warn that more than one third of the worldโs arable land has been lost in the last 40 years due to due to erosion or pollution and there are
Published on December 3, 2015
By Debdutta Ghosh