Glaxo sells drinks brands to Suntory for $2.1 billion
GlaxoSmithKline PLC (Glaxo), the third largest pharmaceutical company in the world, has agreed to sell its drinks brands Lucozade and Ribena to Suntory Beverage...
Using the assembly line technique to mass produce medicines
Henry Ford’s ideas of assembly line production could significantly improve the speed and cost of making medications.
Medicines are one of the few products that...
China – economy picks up
Exports from China were greater than estimates had predicted, suggesting that the country is rebounding after a six-month slowdown.
According to the General Administration of...
InterAction urges G20 to include the world’s poor in their plans
At the recent 2013 G20 summit in St. Petersburg, Russia, the NGO alliance “InterAction” urged leaders to include the world’s poor in their plans...
Chicago still interested in privatizing Midway Airport
Chicago Mayor Rahm Emanuel has just stated that he is still interested in a bid for the privatization of Midway Airport, despite talks being...
Greece sees end of recession
The recession that has gripped Greece during the last six years is set to end in 2014, says Greek Prime Minister Antonis Samaras, who...
Emerging markets – focus of G20 talks
G20 nations diverged in their priorities as emerging markets face a reduction in American dollars flooding into the global economy.
The most developed and the...
Unemployment expected to drop to 7.3% in August, USA
After dropping to 7.4% in July, The Brookings Institution predicts unemployment will fall to 7.3% in August.
The Institution says that unemployment will continue to...
Americans have not recovered from “The Great Recession” of 2008
In the summer of 2008, millions of Americans were beginning to feel the effects of the Great Recession.
A string of events occurred that shook...
Helping people make better financial decisions
The G20 countries are stepping up action to help people make informed financial decisions.
According to an OECD report, “Advancing National Strategies for Financial...