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Top News: Business

Catching up with Danielle George: American Reflective company Special

Braintree - Owner Danielle George chatted with Digital Journal about her American Reflective clothing company, and her latest endeavors.

France set for transport strike chaos

Paris - France is bracing for a week of severe disruption to transport after unions called for more action in their bitter standoff with the Socialist government over its labour market reforms.

Pharma News: Merck and Boehringer report successes

The company Merck announced strong financial results for the first quarter of 2016, based on increases in sales and earnings. Meanwhile, Boehringer Ingelheim has licensed a cancer drug to Horizon Pharma.

U.S. airports plagued by long waits in security lines

Washington - Peter Neffenger, top administrator of the Transportation Security Administration (TSA), told members of the House Homeland Security Committee that passengers will likely continue to experience longer than normal wait times over the summer.

Lenovo is not happy with its purchase of Motorola from Google

Lenovo is the latest company to struggle with its purchase of Motorola. Lenovo is not the first tech giant to face challenges with Motorola, a pioneering U.S. tech company that has struggled to adapt to the changing market.

Adidas to return to Germany to make shoes by robots

Adidas, a German company, has not manufactured its products in Germany in more than 20 years. However, later this year it will begin production of shoes in Germany, made by robots.

Op-Ed: Two rival governments in Libya issue competing banknotes

Bayda - The battle between the UN-backed Libyan Government of National Accord (GNA) with PM Faiez Serraj and the rival Tobruk-based House of Representatives (HoR) under PM Abdullah Al-Thinni has resulted in several parallel institutions.

Cuba considers legalizing small private businesses

Havana - The Cuban authorities are considering legalizing certain private businesses, a potentially transformative move for the communist island as it liberalizes its economy.

Out of order: India bank says third of ATMs don't work

Mumbai - A third of India's cash machines don't work, the central bank said, posing a challenge for the government as it strives to provide banking services to millions of poor citizens living in rural areas.

B. Braun settles tainted syringes lawsuit

The medical device manufacturer B. Braun has paid out $7.8 million to settle a U.S. criminal case in related to faulty syringes. The irony is the company did not make the syringes; however, its brand name was on them.

U.S. malls bordering Canada offer specials to counter low loonie

The low loonie or Canadian dollar began to fall against the U.S. dollar last fall. Before its fall Canadians often went on shopping trips across the border to buy many items at lower prices.

Barcelona agree reported record Nike deal

Barcelona - Barcelona agreed a "long-term" contract extension with American sportswear giants Nike on Saturday, which will reportedly see the Catalan club surpass Manchester United with the most lucrative kit-sponsorship deal in the world.

Sale of MTS to BCE could reduce wireless competition in Canada

Ottawa - Bell Canada (BCE) has agreed to buy Manitoba Telecom Services (MTS) in a friendly takeover valued at $3.9 billion. BCE is already the largest telecom company in Canada.

Phil Mickelson unknowingly profited from insider trading scheme

Golfer Phil Mickelson was named in an insider-trading case by the Securities and Exchange Commission Thursday morning, according to a filing.

India wants to get in on the oil-for-loans deal with Venezuela

India wants to get in on the oil-for-loans deal that Venezuela has with China, in the hopes of recouping some of the millions of dollars in payments owed to India's largest pharmaceutical companies.

Pharma News: New products and new health initiatives announced

In the latest pharmaceutical news round-up there is a new push to eliminate polio, a new treatment for COPD, and unfortunate news that a patient has died after taking an anti-psychotic medication.

Crisis for South Korea shipbuilders as golden age fades

Seoul - After more than a decade of global dominance, South Korea's shipbuilders face an unprecedented crisis that threatens the very survival of one of the flagship industries of Asia's fourth largest economy.

Spain's Rajoy eyes tax cuts despite EU deficit sanctions threat

Madrid - Spain's acting Prime Minister Mariano Rajoy said in a Wednesday interview he was eyeing more tax cuts if re-elected, just as Brussels mulls sanctions against Madrid for breaking deficit rules.

Brazil names new central bank head, eyes reforms

Bras - Brazil's interim government on Tuesday named economist Ilan Goldfajn as the new head of the central bank, a key post in the fight to coax the giant economy out of recession.
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Top News: Business