Australia's largest power generators AGL Energy has announced that it would do away with traditional coal-fired electricity by 2050 and focus its investment on renewable energy. The company’s new chief executive Andy Vesey made the statement on Friday and vowed to give more...

British company Rolls-Royce agrees to sell the Trent 900 to the UAE air carrier - the company Emirates - and ensure their continued service. - The success of the Emirates in the last thirty years has been outstanding. For Rolls-Royce had the great honor to be part of this success, the company...

World Economic Forum has released a new report highlighting that many developing countries are not fully utilizing the advantages of Information and Communication Technologies (ICT). The Global Information Technology Report 2015 finds that digital divide is growing within and across...

The US economy may crush, and main reason for it would be dollar economic "bubble"collapse. It is not clear exactly when this happens, but it is obvious that it would be "quickly and unexpectedly," says an American politician. The United States is on the verge of "catastrophic economic crisis,"...

2015 is set to be the watershed year when India’ economic growth will outpace China’s, according to a recent IMF World Economic Outlook forecast. The world’s biggest democracy will grow to 7.5 percent, which will be fastest in last five years while China will slow down to 6.8 percent in 2015 from...

Eurozone banks expect a high demand for loans from companies and home buyers in the coming months, as the European Central Bank monetary emission improves financing conditions, a study has found. These results are the most obvious sign that lending rates in the euro area is accelerating. They are...

China has rejected Taiwan's request accession to the Asian Bank of infrastructure investments (AIIB), created under the guidance of Beijing as a founder, reports MarketWatch. At the same time, Chinese officials said they would be happy if Taiwan decides applying to join as a new member after the...

As global manufacturers of confectionary make conscientious efforts to ensure that their sourcing of palm oil is sustainable and eco-friendly throughout their supply chain, smaller companies have yet to follow suit. Question is how will the usage of palm oil in Cadburys play out in the mind of the...

Climate change will only happen if we control our greed, change our excessive consumption patterns and not be naïve and gulp down just about anything corporates sell us through advertisements. Most companies know that instinctively most of us will protect our habitat. Our natural instincts towards...