For participating in a scheme that siphoned millions from failing businesses and eventually cost the bank around 250 million pounds ($315 million), two former HBOS Plc bankers were convicted by a London jury. Found guilty of a string of fraud offenses that allowed the men for whom bribes, luxurious foreign travel and high-class escorts became the norm were…
The world’s largest advertisers want and demand more control and transparency from their suppliers and hence they are reviewing how they buy digital advertising programmatically. Nearly 90 percent of advertisers it surveyed are “reviewing and resetting contracts and business models,” shows a research by the World Federation of Advertisers. Those ads that make use of…
Business leaders stress that “soft skills” have a large role in the technology revolution even while acknowledging a digital skills gap. Discussing in depth the impact of rapidly advancing technology on business and government Sberbank held its annual business breakfast at the World Economic Forum in Davos, Switzerland. Including speakers from MasterCard, Severstal, Dell and…
The Trump administration’s executive order that would have led to the removal from U.S. airports of refugees, visa holders and legal U.S. residents from seven mostly Muslim countries has been temporarily blocked by a federal judge from enforcing it. hours after the American Civil Liberties Union and other groups sued to halt President Donald Trump’s Jan.…
Stymied by an extended boardroom battle at Yingde Gases Group Co and as it attempts the largest U.S. takeover of a Chinese firm in more than a decade, Air Products & Chemicals Inc. has hit a bump. Yingde said in a statement to the Hong Kong stock exchange that a divided board of the Hong…
A team of Cardiff University psychologists claim that diagnosis and treatment of visual vertigo can be possible by the use of virtual reality. People suffering from the condition often cite places with repetitive visual patterns, such as supermarkets, as the trigger and suffer from dizziness and nausea. To help with diagnosis and rehabilitation, a team…
The possibility of graphic warning photographs and plain packaging appearing on bottles of alcohol, akin to the restrictions on tobacco that assume full force in May is being contemplated by Jared Brown, co-founder and master distiller behind Sipsmith, the micro-distillery in the vanguard of the craft gin movement in the UK. “Are they considering similar labels…
Much of a lift to beleaguered Caterpillar Inc. would not be provided as it is anticipated that commodities rebound would not be adding advantage to the company due to indications of ample use of construction-equipment supplies and restrained spending from miners. The 2017 outlook for Caterpillar has trailed analysts’ estimates. There has consequently been a…
As OPEC, the group of oil producing countries from the Middle East, implements production cuts aimed at erasing a global surplus, oil supplies from OPEC are plunging this month, as mentioned by tanker-tracker Petro-Logistics SA. The Geneva-based consultant said that in January, the first month of the accord’s implementation, the Organization of Petroleum Exporting Countries will…
While Melissa Benoit waited for double transplant at Toronto hospital, her terminal lung infection called for risky and unprecedented procedure. Doctors in Canada have saved a young mother’s life by resorting to a radical solution –removing her lungs for six days while she waited for a transplant, in what is believed to be the first procedure of…
