One of the most profitable producers of gold is of the view that by 2020, there would be a tightening of gold supplies globally which would push the gold industry at the edge of a cliff – that for an industry that is seemingly obsessed with containing costs and minimizing risks. Randgold Resources Ltd. Chief…
Prime-time television commercials and full-page ads in national newspapers would be run by some of the largest tobacco companies in the United States. But eagerness for their products is likely too be spurred by the campaign. “More people,” one ad says, “die every year from smoking than murder, AIDS, suicide, drugs, car crashes, and alcohol,…
ices was announced by the company chairman Gordon Cairns as the company’s annual general meeting in Melbourne on Thursday night, adding that the chain was all set to take Amazon head on. “We want to be obsessive about our customers, their needs and how we serve them better,” Cairns told shareholders. “If we do not,…
Ryanair cabin crew would be required to sell more of perfumes and scratchcards to on board passengers or face “disciplinary proceedings” and forced changes in their working hours, the crew have been warned. There were allegations earlier that the airline staff were encouraged to sell products in exchange for bonuses, which have been denied by…
CSX Corp of the U.S. is going to make a number of change sin its freight transportation rules from next year. Apart from charging fees at new tares for freight shipments to Mexico, the company has announced hiking of charges for customers who to not manage to load or discharge railcars within fixed deadlines or…
With regards to all of the issues that a related to issued and outstanding CanniMed shares, a special committee has been formed by the company that comprise of independent directors as the company anticipates that there can be a formal offer from Aurora Cannabis Inc., the former company announced recently. The anticipated offer for merger…
Talks about a possible merger between Axalta and Dutch peer Akzo Nobel came to an end after an all-cash offer was made to acquire U.S. coatings company Axalta Coating Systems Ltd by Nippon Paint Holdings Co Ltd. While confirming the news, Nippon Paint termed it as “a proposal” to Axalta.’ Talks of a merger between…
About 7,000 wing-manufacturing jobs at Wales would be put at risk duet Brexit uncertainties, as the United Kingdom is running the risk losing out its “crown jewels” of the aviation industry to China, Airbus has told British MPs. A shift of the business to Asia could be accelerated by reduced long-term investments due to reduced…
It is estimated that the global market for Artificial Intelligence (AI), would increase to .1 trillion by 2024 form 126 billion U.S. dollars in 2015, says a Transparency Market Research prediction. Billionaire investor Mark Cuban says, thanks to AI, “the upcoming decade will see the greatest technological revolution in history.” Since May of this year,…
While the U.K. politicians are struggling hard to finalize a trade deal for Brexit by early next year to so that businesses’ panic are eased, it may be too late for some industries. Sources in the famed global banking sector London have said that the sector wants to make sure that they would be able…
