A recent report published in the Financial Times claimed that a break-up of the group is being seriously considered by GlaxoSmithKline Plc. The consideration follows pressure on the company’s board by investors to spin off the consumer division of the company claims the news report. The Financial Times report claimed. quoting sources in the company,…
The set of new proposals prepared by the British government which have been created for better protection of some of the most important business sectors and the technically advanced businesses, the British government is set to give more power to its ministers across all ministries which will allow them to prevent foreign takeovers on the…
Following complaints about the flooding of the domestic market with stainless steel that was damaging the local industry, an investigation into dumping allegations of the metal has bene launched in China. the estimated dumping of stainless steel through imports is worth $1.3 billion. The investigations will encompass a number of firms that include a privately…
Facebook will create a very strong case for election transparency and provide a never before insight about how social media is used for targeting of voters by publishing comprehensive data about political advertising in the run up to the referendum campaign for abortion in Ireland. Details of the amount spent on targeting Irish voters in…
According to Microsoft, hackers have targeted at least three congressional candidates before the US mid-term elections. The revelation was made during a se3curity conference panel in Colorado by Tom Burt, an executive at the company. he told the audience that apparently, phishing attacks looks to have targeted the three candidates. The hacking was likely an…
Days before a gathering of G20 ministers gather for a summit in Argentina, French Finance Minister Bruno Le Maire has warned that a trade war is now a reality. He said that the law of the jungle is the basis of the formulation of the present trade policies of the United States which is imposing…
In order to convince Wall Street that the car rental industry is still relevant, a change to its old “try harder” advertising slogan night be necessary for Avis Budget Group. There is a rising question among investors about car rental because of the rise of cab hailing services. There is therefore a notion that car…
Following its presentation of design options for America’s next intercontinental ballistic missile (ICBM), the Ground Based Strategic Deterrent (GBSD) in front of the US Air Force, a “key milestone” in a major contract with the air force has bene bagged by U.S. aerospace giant Boeing Company, it said on Friday. “We offered the Air Force…
Business circles in the European Union (EU) have hailed as a “clear signal” of resisting protectionism the recently signed free trade deal between the EU and Japan. Covering about 30 percent of global gross domestic product, the largest economic bloc of the world has been created by the trade agreement between the two parties. “The…
The Chinese government is now in possession of the iCloud data of China based users of Apple. A division of the state-owned firm, China Telecom is now ion charge of managing Chinese users’ emails, pictures and text messages. This has raised concerns among privacy advocates who have issued warnings about the vulnerability of state surveillance…
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