Companies & CEOs
Fonterra Australia to open independent trust to support farmers - 04/07/2015
Dairy giant Fonterra Australia’s chief executive Judith Swales said that the company aims to win farmers from its competitors through its new Equity Partnership Trust and is looking at first investments in dairy farms around October this year. The New Zealand-based dairy exporter started consulting from last year with local farmers about starting the independent trust to provide long-term...
Indiana’s “Anti-LGBT” Law Creates A Roar Of Opposition From Various C.E.O.s - 04/05/2015
Tim Cook and various other C.E.O. showed strong resistance in unison against the anti-gay bill that is yet to be approved by the Indiana Government. According to the said bill, any gay, transgender and lesbian customers can be denied their right to shop. Hong Kong- 05 April 2015- According to Tim Cook, the C.E.O. of Apple Company, anti gay laws can prove “very dangerous”, as he publically...
M&A Activities in Pharmaceuticals – On rise - 04/03/2015
The acceleration in global pharmaceutical M&A activities in the first quarter of 2015 was driven by the intense competition among the companies to discover blockbuster drugs. The worldwide mergers and acquisition activities for the year 2015 so far is outpacing its performance of previous year. The healthcare deals are leading ahead with its volumes almost more than double as compared to the...
Microsoft launches OfficeLens in Android and Iphone devices - 04/03/2015
Software giant Microsoft has announced that it plans to launch its Office Lens App to iPhone and Android mobile software. The company’s new announcement is part of a slew of measures to bring its trademark software and apps to the larger market. The Office Lens App allows users to take photos of a document and turn it into an editable file. It is currently available on phones running on...
Herbalife is Blamed for Pyramid Scheme - 04/02/2015
US Attorney's Office and the Federal Bureau of Investigation (FBI) conducted an investigation into the company Herbalife accusing it in organizing a financial pyramid in China, reports the Wall Street Journal, citing informed sources. According to the sources, the investigators were interested in statements made by the head of Pershing Square fund William Ackman, who has already became notorious...
The C.E.O. Of Sonic Plans To Follow McDonald’s Footprint - 04/01/2015
McDonald being the role model, the C.E.O. of Sonic informs that, the company plans to go for antibiotic free chicken. Though, the needs of the millenials are to be taken into account. Forbes- 01 April 2015- Sonic Corporation seems to be riding the tide of food industry amid the grappling competition of redefining food services to cater to the changing taste culture and the purchase habits of the...
UK's Growth Revisions - 03/31/2015
The revised GDP data will boost the election campaign by Conservatives for the upcoming General elections. The UK economy revised its growth upwards to 2.8% as compared to its earlier estimate of 2.6% for the year 2014. This growth was faster than many leading developed nations. This revision will work in favour of Conservative and Liberal Democrat parties in the coming general elections to be...
Microsoft to Make Office Free for Small Devices - 03/30/2015
Microsoft aims to run free of cost on all small devices with screen 10.1 inch or lower. Microsoft has planned to make the essential viewing as well as editing features of Office free for small computers with screens 10.1 inches or less. This will bring Windows in line with its latest release for iOS and Android in which majority of the core features are free while for using some advanced features...
Zuckerberg Announces His Long Term Conglomeration Plans - 03/30/2015
Facebook is creating a platform with conglomeration of useful apps and free service facilities through Messenger which is designed to migrate into Instagram and Whatsapp, sometimes in the near future. It is the long term revenue plan of Zuckerberg. According to Forbes’ Staff- 27 March 2015- Parmy Olson writes that Facebook should not be mistaken as just another app, nor as one powerful “social...
British Airways customer information hacked - 03/29/2015
UK Aviation company British Airways has announced that hackers have accessed the frequent flier accounts of the company. Around tens of thousands of accounts have been affected. The company announced that though the accounts have been hacked, no personal information has been viewed or stolen and they have frozen those accounts for next two-three days. Until there is a resolution, the top...