Arctic shipping route not till 2035 at the earliest says Arctic Institute
An Arctic shipping route will not be fully commercially viable until 2035 at the earliest, says The Arctic Institute, i.e. it will be about...
Gold demand up 53% in second quarter 2013
Demand for gold rose 53% in the second quarter of 2013, driven by strong growth in India and China, says the latest World Gold...
Bank of Tokyo to pay US $315 million for illegal activities
Bank of Tokyo Mitsubishi UFJ was involved in bank transactions that violated U.S. economic sanctions against several countries, including Iran, Sudan and Myanmar. It...
Chiquita and Fyffes merger terms revised
In the ongoing Chiquita and Fyffes merger negotiations, the two companies on Thursday agreed that Chiquita Brands International Inc. would own 59.6% of the...
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...
Brazilian Chiquita bid upsets Fyffes’ plans
A Brazilian Chiquita bid worth $625 million may upset the planned merger between the American banana giant and Irish fruit multinational Fyffes. Brazilian conglomerate...
Apple makes progress on racial diversity of its workforce
Apple has made progress on the racial diversity of its U.S. workforce.
The tech giant unveiled new information about the demographics of its workforce in the...
IMF predicts global economic growth of 3.6% in 2017 and 3.7% in 2018
The International Monetary Fund revised its growth forecast for the global economy in October. It now predicts growth of 3.6% this year and 3.7%...
Tourism accounts for 4.7% of global GDP
Tourism employs 6% of workers in the advanced economies and represents 4.7% of their GDP (gross domestic product), says the Organization for Economic Cooperation...
Uber launches “Ride Request” button for third-party apps
Uber is launching a new 'Ride Request' button which third-party developers can add to their apps for free.
The “Uber Ride Request Button”, which is...