According to a warning issued by the United Kingdom’s ferry firm Stena Line, traders could bypass Great Britain and there could be an impact on food supplies in case of a no-deal Brexit. Ian Hampton senior executive at the global ferry operator said that there is “very little readiness” at ports and “anxiety is high”.…
According to a report in the BBC, an investigation by consumer group Which? has found that people are being offered free goods in exchange of positive product reviews by a section of online sellers. The representative of the organization conducting the investigation joined a number of “rewards for reviews” groups and was promised free items…
Johnson & Johnson has won a major litigation that threatened to strike a major blow to one of its most popular products. A jury of a first trial court in New Jersey was managed ot be persuaded by the company that its iconic baby powder did not contain cancer-causing asbestos as had been alleged by…
According to an announcement by the UK government, firms there might now have to furnish data on the pay gap in their firms on the basis of ethnicity. The government has initiated a consultation process aimed to get opinions from employers about how to include ethnicity passed pay in their reporting. The government noted that…
The cryptocurrency market got a hard bolt as more than $6 billion of investors were wiped off in a single day. The rout was led by XRP and ethereum even as the market continued to fall. According to data from Coinmarketcap.com, as of about 11:32 a.m. HK/SIN time on Friday, there was a drop of…
Even through Facebook claims that the social media platform has been hijacked by bad actors and that it is taking measures to mitigate the threat, the investors are not taking those assurances at face value. Compared to the high that it had hit in July, Thursday’s stock price of the company was 30 per cent…
Apple is set to augment its team of computer chip engineers by 300 through a deal it struck with one of its key chip suppliers. The deal with Dialog Semiconductor is worth $300m and it also encompasses some patents and facilities of the Reading-based company. Dialog has been a supplier of chips to Apple for…
Oil major ExxonMobil has come out in financial support of climate change in a very surprising and unconventional move. There have been accusations levelled against Exxon for quite many years of the oil major of being insensitive to climate change. The company announced a donation of $1 million – to be paid over two years,…
Gillette will have a respite from the import tariffs imposed on steel by the Trump administration. The parent company of the shaving brand Procter & Gamble gas said that the brand would get a waiver from the 25 per cent import duty on steel that was imposed by United States President Donald Trump earlier this…
It was ten years ago that RBS had to be injected with £45bn bailout package that was funded by taxpayer’s money. But according to the head of the lender – Ross McEwan, it would take another decade for the bank to regain the lost reputation. It should however be noted that currently, the cash reserves…
