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Investors demand antibiotic-free meat products from McDonald's

It's a never-ending issue for McDonald's and other restaurants until they cease using antibiotics with their meat products. McDonald's received a "C" score for antibiotics overuse.

Sep 18, 2015 02:50 AM EDT


Is Russia bottoming out?

The latest Barclays' report shows that the rate of fall in the Russian economy is moderating. Real investments are also showing a sign of recovery though it was very marginal. The unemployment rate remains flat. Barclays Capital views that Russian economy is bottoming out, while economists caution that real wages were worst than forecast.

Sep 18, 2015 12:52 AM EDT


Altice to buy Cablevision for $17.7bn including debt

Global cable group Altice is acquiring New York-based Cablevision for $17.7bn including debt. This makes Altice as the fourth largest cable provider in the US. Cablevision's CEO James Dolan will hand over the control to a group of Europeans after the Altice deal. Altice will pay $34.90 a share in cash taking the valuation of Cablevision equity to $9.6bn.

Sep 18, 2015 12:16 AM EDT


American universities are the most innovative, but Asians are strong contenders

The recent survey from Reuters shows that U.S. universities are the home of the most innovative projects. Though Asian universities have been fairly competent with universities from Korea, Japan, Singapore, and China.

Sep 17, 2015 11:56 PM EDT


Brexit is the highlight for EU-UK talks

David Cameron and few officials have been actively meeting with European Council to seek out options best for Britain. The result whether Britain will still become an EU members or not could be known as early as next year.

Sep 21, 2015 11:04 PM EDT


US consumer prices drop, complicating Fed rate hike decision

A tame inflation complicates the Federal Reserve's decision whether to raise interest rates this week. Data show that despite many signs of economic improvement, the pace of growth of US consumer prices last month was well below the central bank's target.

Sep 17, 2015 11:09 PM EDT


Jaguar Land Rover: Bond cars for 'Spectre 007'

On October, Bond fans will soon see their hero in cinemas again chasing villians in a hybrid supercar. Jaguar Land Rover provided the cars for the new Bond film 'Spectre' that will surely amaze the one driving it and the audiences as well.

Sep 17, 2015 09:08 AM EDT


Alibaba and Suning Partnership Could Change China's E-commerce Domination

China e-commerce sompetition is getting fierce as AliBaba and Suning had agreed to a partnership. The partnership could see both companies grow their customers with the latest O2O strategy to outrun current market leader JD.com.

Sep 21, 2015 10:08 PM EDT


Puerto Rico's rescue plan draws flak

The five-year restructuring plan proposed for ailing Caribbean islan Puerto Rico has become a center of criticism from economists, who question that who shall benefit from this debt deal. Economists argue that the debt plan overstated the financial requirements of the island.

Sep 17, 2015 08:04 AM EDT


Brazilian PE firm 3G Capital eyes SAB Miller

Brazilian private equity (PE) major 3G Capital is mulling over a possible buyout of SAB Miller, maker of Miller. Paving way for a major consolidation in the beer industry as the world's largest brewer AnheuserBusch InBev of 3G Capital is bidding for SAB Miller, the second largest brewer. If the deal is successful, it'll be one of the top-6 global corporate takeovers in the history.

Sep 17, 2015 07:52 AM EDT


At near zero inflation, ECB may expand QE program

European Central Bank may expand quantitative easing program as the inflation is hovering at near zero level of 01. percent for August. ECB Vice-President also indicated that QE program may be widened further.

Sep 16, 2015 09:43 PM EDT


Rise in low-income jobs makes the job easier for Fed in rate hike

The market analysts, economists say that current situation is favoring the US Fed to take a decision on interest rate hike. The improvement in labor market in low-income jobs is giving much needed support to the US Fed.

Sep 16, 2015 09:29 PM EDT


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