Japan to relax restrictions on arms exports. The first international exhibition of arms, held in Yokohama, indicates the rejection of the country's policy of pacifism. Very few citizens of this country have personally seen pistols and machine guns because of the rigid rules governing the carrying and use of weapons in Japan. In October 2014, a 28-year-old Japanese man was sentenced to two...

A bid for struggling cosmetics company Avon Products has proved to be a phony one but speculative markets has led to the company getting a momentary high in the market.   The shares for the company went up by 20 % to $8 after a company called as PTG Capital issued a securities filling that it lodged a bid for $18.75 per share even as Avon denied the existence of such a bid. There were no...

US-based domestic airline Delta Air Lines Inc has announced share buybacks and dividends amounting to $6 billion.   The company plans to return $6 billion back to its investors by the end of 2017, and raised its target for operating profit margin. The company also announced its intention to return at least 50 percent of its free cash to stockholders via a new $5 billion share repurchase...

Indian government-run power company National Thermal Power Corporation Limited (NTPC) has signed a MoU with the government of the eastern Indian state of Jharkhand to build the country’s largest thermal power plant.   The company will own a 74 percent stake in the $5.5 billion facility and the Jharkhand State Electricity Board (JSEB) will own the remainder, according to a report in...

US-based telecom and broadband giant Verizon has bought erstwhile Internet company AOL for $4.4 billion at $50 a share.   Verizon has amassed AOL’s online video data as part of this deal and is looking it as an opening gate to get into digital video ads. While Verizon’s traditional business of carrier services has got a hit with the US government imposing regulations in the pricing, this...

Nordea Bank’s Chairman of the Board is urging Sweden to abandon the planned tax on financial activities, due to which the country is, after all, could lose a source of income. The proposal that the government, presented at the beginning of this month, can backfire because "over time it can encourage banks to change the way they operate," - said Bjorn Wahlroos to Bloomberg news agency. Banks have...

Zach Cutler enumerates five industrial sectors that are “exploding” with new possibilities and opportunities. The inclusion of technological innovation has a big credit in this changing trend which is redefining convention and age old systems. Thestrategist.media – 11 May 2015 – Zach Cutler applauds the annual progressive achievements of the industries by terming the same as “monumental”....

The security alert system introduced by Google has been “bypassed” by seven-lines of JavaScript code. In spite of multiple updates of the said product, specialists say that the tool, though innovative by itself, still needs further developments. Thestrategist.media – 07 May 2015 – Forbes staff, Thomas Fox-Brewster reports that only “lines of code” managed to “bypass” Google’s alert service,...

Uber is facing a tough ride in Toronto with the city arguing that a complete injunction will be the only way out to stop the rideshare app service from its illegal operations in the city.   the City of Toronto’s factum filed with Ontario Superior Court of Justice argues that the prosecution of charges against individual drivers or against Uber on a trip-by-trip basis are not an effective...