UK pays least for cancer drugs than other EU countries
The U.K. pays least to cancer drug manufacturers, reported The Lancet Oncology. However, transparency in discounts and price negotiations is needed to reveal which country is overpaying.
Dec 06, 2015 9:37 PM EST
China pledges $60B funding package support development efforts in world's poorest continent
China shows support to its long-time ally, Africa, by providing the continent funding support worth $60 billion.
Japan's aroma sensing developer, Aroma Bit, hired two influential advisors
Japanese startup aroma sensor developer Aroma Bit has appointed Batara Eto and Atsushi Tanaka as its advisors.
Chipotle tightens food safety after E. Coli outbreak
Chipotle announced Friday that it will elevate its supplier standards to stricter guidelines as its E. coli outbreak cases increased to 52 in the United States.
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Chicken will replace other meat in the future
The U.N.Food and Agriculture Organization projects that chicken will overtake pork as the major source of protein meat in 2020, because it is mild-flavored, universally accepted, and cheap to produce.
Dec 06, 2015 4:56 AM EST
Holiday Shoppers in Paris Shift from Big malls to online stores after November 13 Terror Attacks
More holiday shoppers in Paris are shifting away from big malls in Paris center to online stores and convenience stores close to their houses due to the recent terror attacks.
Dec 06, 2015 4:43 AM EST
EU antitrust regulators investigate Luxembourg’s tax treatment of McDonald's
The European Commission is investigating McDonald’s European franchising for possibly taking advantage of Luxembourg’s tax laws and rules, making it evade taxes from both U.S. and EU.
Dec 06, 2015 4:37 AM EST
Samsung agrees to pay Apple $548M over long-running patent dispute
Samsung will pay $548 million to Apple for a patent case that has been around since 2010, alleging the South Korean company for infringing patent with their Vibrant, Mesmerize, Galaxy S Showcase, Galaxy S4G, and the Fascinate.
Dec 06, 2015 4:33 AM EST
SpiceJet to raise 50 billion rupees, add 150 more planes
India’s second-largest low fare airline SpiceJet Ltd plans to raise 50 billion rupees ($750 million) in loans as it aims to expand and add more than 150 planes.
Dec 06, 2015 4:23 AM EST
Robots to do half of the jobs in Japan by 2035
According to data analysts Nomura Research Institute (NRI), 49 percent of the jobs in Japan will be automated and replaced by robots by 2035.
Dec 06, 2015 4:16 AM EST
US FDA approves India’s Sun Pharma for Novartis' Gleevec generic creation
Sun Pharmaceutical Industries Ltd announced Friday that it got the approval of the U.S. FDA to manufacture its generic version of Novartis AG’s chronic myeloid leukemia treatment Gleevec.
Dec 06, 2015 4:11 AM EST
Car buyers opt for lease deals, longer-term loans
More and more car buyers opt for lease deals and longer-term loans to keep monthly payments low. As car prices go up, vehicle loans are pricier than ever.
Dec 06, 2015 4:06 AM EST
China denies Cyber-attack allegations on Australia’s Bureau of Meteorology
China denied any involvement to the Australian Bureau of Meteorology cyber-attack, after the Australian Broadcasting Corporation reported Wednesday about the hack.
Dec 06, 2015 3:57 AM EST
AB InBev to sell Peroni and Grolsch for a seamless SABMiller takeover
Anheuser-Busch InBev considers selling premium brands Peroni and Grolsch to meet the regulatory requirements on its $107 billion acquisition on SABMiller.
Dec 06, 2015 3:57 AM EST
AngloGold Ashanti Ltd. to exit the index of Johannesburg Stock Exchanges
The South African gold producer, AngloGold Ashanti Ltd. will exit the Johannesburg Stock Exchange’s Top 40 Index.
Dec 06, 2015 3:55 AM EST
Pentagon misused $150 million dollars to try to revive Afghanistan’s economy
The Special Inspector General for Afghanistan Reconstruction set out by the Congress alleged the Task Force Business Stability Operations for misusing $150 million to revive Afghanistan’s economy.
Dec 06, 2015 3:54 AM EST
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