As a direct consequence of a visit Chinese officials made to a British dairy farm, China decided to place a temporary ban on all cheese imports from the UK. However, the farm in question does not export any dairy products to China. After visiting an unnamed dairy farm in the UK, Chinese officials declared themselve ... read entire article »
Etihad Airways, a Mideast carrier, plans to take airplane first class to a whole new level. The company wants to encompass luxury suites equipped with a personal butler and an in-flight nanny to clients who can afford such a treat. The company announced ... read entire article »
Gregg Steinhafel, Target’s company CEO, is resigning from his position after a hack in the system stole personal information from over 70 million customers. Steinhafel, who has been with Target for over 35 years, holds himself responsible for the breach in the ... read entire article »
Online retailer Amazon has the best reputation among large companies in the world. A survey released by Harris Poll Reputation Quotient revealed Amazon has outscored, yet again, names like Apple, Coca Cola or Microsoft. Online retail giant took home the title for ... read entire article »
The San Jose jury settled that Apple and Samsung both infringed each others patents and both of them are now good to pay. Samsung has to pay its rival $120 million, although Apple initially pleaded for a $2.2 billion compensation while Apple has to pay Samsung ... read entire article »
Sarah Kavanagh, a teenager from the American state of Mississippi, has won against Coca-Cola in an online battle. By gaining over 260,000 signatures in two online petitions, the teen has forced the beverages maker giant to remove a harmful ingredient from it ... read entire article »
Carrefour, one of the biggest retailers in the world is planning to exit Indian market. Indian media reports the French giant has been working on a solution to withdraw for more than two weeks. The news comes after Bharatiya Janata Party, who apparently will win ... read entire article »
Pfizer wants AstraZeneca really bad. The American pharmaceutical giant announced it had revised and pumped the offer for the Swedish-UK company. AstraZeneca refused about a week ago another proposal from across the Ocean. AstraZeneca has declined Pfizer for a few ... read entire article »
Greenpeace activists have failed in their mission to stop Russian oil tanker, ‘Mikhail Ulyanov’, from delivering its first oil shipment from the state-owned Gazprom oil platform in the Arctic circle. The Dutch police stormed the Greenpeace ship, thus allowing ... read entire article »
Marshfield, a Massachusetts town, has finally lifted a 32-years-old ban on arcade games. In 1982, two years after Pacman was launched, town residents decided that arcade games should be banned as they feared that they would bring an undesirable element to the ... read entire article »
Mark Fields was named by Ford the next Chief Executive Officer. The announcement was made on Ford's official Website. He will replace Alan Mulally and take over as CEO on the first of July. Alan Mullaly will step down after an eight year commission at the second ... read entire article »
Johnson & Johnson, one of the world’s most renowned health companies, has stopped selling worldwide a key surgical tool known as power morcellator. The company is globally the biggest maker of the tool which is used in a common uterine surgery to remove ... read entire article »
Greenpeace International is sending a ship to meet with a Russian tanker which is bringing the first oil shipment from an offshore platform in the Arctic circle. ‘The tanker is currently heading south into the North Sea as it makes for Rotterdam, so we expect ... read entire article »
Iran plans to buy 400 new passenger airplanes until 2025 that will replace the outdated planes the country currently owns. However, Iran will not be able to conduct the purchase of the planes unless the sanctions over its contested nuclear program are lifted. ... read entire article »
A deserted island up for sale normally means some kind of tropical paradise coconuts, wildlife and strong sunlight. But not in Nordic culture. A Norwegian family announced it is selling an Arctic island. The stretch of land owns a 217 square kilometers island ... read entire article »
As company giants GE and Siemens both fight over who gets France’s Alstom, the workers, who found themselves in the middle of this battlefield, are worried about their jobs. On Tuesday, workers went to the streets and protested in front of the Alstom ... read entire article »
Mercedes has now joined GM and Toyota in the car-recalling massive movement as it has to call back 284,000 cars in the US and Canada over faulty tail lights. According to the company, the tail lights on C-Class sedans sold in the United States and Canada may have ... read entire article »
Eurotunnel company announced a series of price cuts for freight. The French company operating trains through the Channel tunnel is intending to increase number of trains transiting UK, France and Belgium in the next few years. No one knows if the measure wa ... read entire article »
The Noma restaurant, in Copenhagen, received the honorary title of world’s best restaurant yesterday, in a glamorous ceremony held in London. The prestigious San Pellegrino World’s 50 Best Restaurants Awards is viewed as the Oscars of fine dining. The ... read entire article »
China is starting to take pollution matters more seriously as the government passed, for the first time since 1989, a new environmental protection law that better suits nowadays issues. ‘The recent level of public outrage over pollution in China is something ... read entire article »