Coca-Cola is looking for a new approach to the main issue of its business model: how to control the production and distribution without having to take them into possession. After several years of very slow development, Coca-Cola intends to sell its assets in distribution and manufacturing in the...

The TV Business of Samsung is not likely to see greater impact from its recent deal. The company of “Samsung Electronics Co Ltd (005930.KS)” have reported that the company is not looking forward to “major change” in its television business sector as a follow up to its “Hon Hai Precision Industry Co...

Coca-Cola intends to create a billion-dollar milk brand. The company has invested in the group Fairlife dairy farms that produce the same product. Filtered, rich in protein, lactose-free and almost sugarless, the milk is 2 times more expensive than regular milk. However, it does not stop the...

As the world’s biggest maker of cameras seeks new growth, Canon Inc. has agreed to buy Toshiba Corp.’s medical equipment unit for 665.5 billion yen ($5.9 billion).   Tokyo-based Canon said in a statement Thursday that the deal will be funded by existing cash and borrowings a day earlier,...

A new car insurance research finds that the revenues of the industry could be seriously impacted due to the fact that self-driving cars and automatic safety features would significantly to reduce the number of road accidents in the future.   A global study of road accidents and user-based...

Stringent new rules, introduced overnight, that could see over half the industry shut down by August sent managers running to comply with the laws even as China's hedge fund industry was been thrown into disarray, reports Reuters.     In a bid to save their licences after the regulator...

Vijay Mallya, who owes creditor banks more than $1 billion, could be most likely asked by Heineken is to step down from the board of United Breweries, reported Reuters quoting sources.   United Breweries is India's largest brewer.   Betting on a small but fast-growing beer market –...

As details emerged in the Philippines that $30 million of the money was delivered in cash to a casino junket operator in Manila, Bangladesh's central bank governor resigned on Tuesday over the theft of $81 million from the bank's U.S. account.   Officials told a Philippines Senate hearing...

Taiwanese contract manufacturer Foxconn Electronics has delayed the deal on Sharp’s aquistision once again. At this time, the company decided to wait for announcement of the quarterly financial results of the Japanese vendor. Thus, the transaction which, according to the Foxconn itself, was to be...