International Business Machines Corp. said on March 2011 it had settled with U.S regulators. The company is alleged of offering bribes to Chinese and South Korean officials to win the Government contracts of $ 54 million. The deal has not…
McDonald’s Corporation Innovation to lure customers
The most expensive burger of the world according to Guinness Books of Records which cost $205 now can be made by free restaurants. The profit so earned by selling the burger “The Burger Extravagant” will be donated to charity. McDonald’s…
Morgan Stanley’s proposal can Boost Yongye
Yongye International, a Chinese fertiliser maker fails to build its repo again in the market even by a buyout offer from Morgan Stanley. The company in order to raise its public confidence manipulated some accounting standards. Morgan Stanley and its…
Corporate relocation – how to pick the right company
Corporate relocation can involve moving employees thousands of miles across the globe. ‘Relo’, as it is often known, is on the rise – and it is not cheap. According to the Worldwide ERC, in 2012 companies spent an average of…
Wireless Camera Baby Monitor
The new device, the Wireless Camera Baby Monitor is really a smart innovation for the parents. Now the mother’s stress and worries can be reduced seeing her baby sleeping comfortably at home. The product helps the parents on keeping an…
U.S. High Court Scrutiny for ‘Pay for Delay’ Drug Accords
The U.S Supreme Court is ready to take a multi-billion dollar challenge of introducing low price generic medicine to enter into the market, a fight between the drug industry and Federal antitrust enforcers. The case study: “pay for delay”: The justices…
U.K. Policy of Taxes to be Stricter to Curb Tax Evasion
The world’s biggest coffee shop operator Starbucks Corporation has pledged to gain public trust, when condemned for avoiding payment of corporation taxes for last 3 years. According to Starbucks Corporation, the company has to adhere to U.K laws and is…
More Tax for Starbucks Corporation in U.K.
Mr. George Osborne, the UK chancellor of Exchequer has put greater effort in collection of unpaid tax and dealing with tax avoidance. As a result of this Starbucks Corporation the world’s biggest coffee shop operator has agreed to pay more…
Brewing scandal risks yet more damage to Mauritius’ international image
With a booming financial sector and a thriving tourism industry, Mauritius is making rapid progress towards its stated aim of becoming a new hub for global investment. Nestled in the Indian Ocean some 1,400 miles off the coast of south-east…
UBS’s bid for GE’s Swiss Lending Unit
UBS bid for the Swiss consumer lending business which is now in the hands of Gen for auction. The deal may possibly end up with 1.5 billion Swiss francs equivalent to $1.6 billion. The Swiss bank UBS story: Swiss bank UBS…