Italy is preparing to adopt a law, according to which shops and catering establishments will not throw out not spoiled but expired food, but give it to charity instead. Earlier, a similar law was adopted in France. Next week, the Italian parliament can pass a law that would encourage grocery...

Keeping up with the digitisation’s wave, RBS cuts down over five hundred employments. The value and amount of manual work is in the decline making its way for the rise of automata force. As a result, the age of technology welcoming the robotics and absorbing the same in industrial world, has been...

Following positive results in the first Phase 3 study of its investigational medicine Epidiolex, shares in GW Pharmaceuticals skyrocketed more than 120 percent Monday.   In a keenly anticipated clinical trial, the experimental cannabis-based drug has successfully treated children with a...

As Apple fights the US government over encryption, Silicon Valley’s leading companies – including Facebook, Google and Snapchat, are working on their own increased privacy technology, reports Reuters.   Just as much as Apple’s more secure iPhones, which are currently at the center of...

A $1.4 billion deal has been etched between The Fresh Market (TFM)  and Apollo Global Management (APO) where the later would acquire the former, the companies announced on Monday.   Shares of the Greensboro, N.C.-based specialty grocery chain were up 23.76% to $28.43 following the...

In what is being termed as a move to derail a pending deal between Starwood Hotel & resorts Worldwide Inc. and Marriot International Inc., a group led by China’s Anbang Insurance Group Co. has made a $12.8 billion takeover offer to Starwood.   As Chinese companies view high-quality real...

In recent years Goldman's status slipped in electronic trading because its technology did not keep up with client demands for ever-faster trades despite the bank being one of the top two stock brokerages in terms of revenue and customer rankings.   It was to fix this problem that the bank...

Criminals stole $ 100 million from the account of the Federal Reserve Bank of New York, cracking its electronic system. This reported AFP with reference to informed sources. These funds belonged to the Central Bank of Bangladesh and accounted for 4% of the total reserves of the country. This South...

France’s top public auditor has said that it would be potentially risky for French firm EDF to continue with the nuclear power project in Hinkley in Britain.   EDF is a state-owned power utility firm whose foreign investments in recent years have proved disappointing.   EDF and its...