European Union regulators are studying tax practice of largest coffee-shop chain in the world Starbucks Corp. Initially their suspicions were aroused by the fact that over the years the company records losses in major European markets, despite the hundreds of millions of revenue, writes The Wall Street Journal. The investigation was initiated in 2014, and at the very start, Starbucks...

France-based multimedia company Vivendi has emerged as the new bidder for video sharing site Dailymotion, often called as the French Youtube, now that Hong Kong-based PCCW is out of the fray. Vivendi has made a 250 million euro (£184 million) offer once the talks between Telecom group Orange, which owns Dailymotion, and PCCW ended. The Hong Kong offer was dismantled as the French government was...

Dairy giant Fonterra Australia’s chief executive Judith Swales said that the company aims to win farmers from its competitors through its new Equity Partnership Trust and is looking at first investments in dairy farms around October this year. The New Zealand-based dairy exporter started consulting from last year with local farmers about starting the independent trust to provide long-term...

Tim Cook and various other C.E.O. showed strong resistance in unison against the anti-gay bill that is yet to be approved by the Indiana Government. According to the said bill, any gay, transgender and lesbian customers can be denied their right to shop. Hong Kong- 05 April 2015- According to Tim Cook, the C.E.O. of Apple Company, anti gay laws can prove “very dangerous”, as he publically...

The acceleration in global pharmaceutical M&A activities in the first quarter of 2015 was driven by the intense competition among the companies to discover blockbuster drugs. The worldwide mergers and acquisition activities for the year 2015 so far is outpacing its performance of previous year. The healthcare deals are leading ahead with its volumes almost more than double as compared to the...

Software giant Microsoft has announced that it plans to launch its Office Lens App to iPhone and Android mobile software.   The company’s new announcement is part of a slew of measures to bring its trademark software and apps to the larger market. The Office Lens App allows users to take photos of a document and turn it into an editable file. It is currently available on phones running on...

US Attorney's Office and the Federal Bureau of Investigation (FBI) conducted an investigation into the company Herbalife accusing it in organizing a financial pyramid in China, reports the Wall Street Journal, citing informed sources. According to the sources, the investigators were interested in statements made by the head of Pershing Square fund William Ackman, who has already became notorious...

McDonald being the role model, the C.E.O. of Sonic informs that, the company plans to go for antibiotic free chicken. Though, the needs of the millenials are to be taken into account. Forbes- 01 April 2015- Sonic Corporation seems to be riding the tide of food industry amid the grappling competition of redefining food services to cater to the changing taste culture and the purchase habits of the...

The revised GDP data will boost the election campaign by Conservatives for the upcoming General elections. The UK economy revised its growth upwards to 2.8% as compared to its earlier estimate of 2.6% for the year 2014. This growth was faster than many leading developed nations. This revision will work in favour of Conservative and Liberal Democrat parties in the coming general elections to be...