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Blackberry announces sale of majority of its Canadian real estate

Blackberry, the Canadian maker of the Blackberry smartphones and tablets, announced on Monday the sale of most of the company’s Canadian real estate holdings for US278 million. In a press…

Target replaces CEO after millions affected by data breach

Target on Monday announced Gregg Steinhafel, its Chief Executive Officer, has stepped down after a data breach where the details of approximately 40 million Target shoppers’ credit cards and debit…

2c Levy to Address Paint Dumping

In an initiative to improve waste collection, a two-cent levy will be charged per litre of paint sold throughout Australia to fund a Victoria trial that could pave the way…

Insurers Will the Break Law If They Don’t Pay Flood Victims

Insurance companies that will not pay homeowners who have been hit by the flood will break their insurance contracts, thus breach the law, according to the Australian Lawyers Alliance (ALA).…

Performance of Services Sector Increases in Jan 2011: says ISM

According to a report, released Thursday, the performance of the services sector in the United States increased greatly in the month of Jan 2011. This performance rate is the highest…

Moody’s Profit of $137M Exceeds Estimations

The profit reported by Moody’s Corp, the bond rating company, for the fourth quarter has exceeded expectations, while the company also indicated that it expects its business to do even…

Facebook Fan Page of Mark Zukerberg Hacked

The Facebook fan page of Mark Zuckerberg, the founder and the CEO of Facebook was apparently hacked by someone yesterday, as a message was posted on his fan page which…

African Grass as Renewable Energy Source

While Europe is enduring one of the harshest winters in history, and among concerns about the sufficiency of existing energy reserves to cope with the extreme temperatures, Honda is taking…

Starbucks vs. Kraft – Kraft Cries Foul As Starbucks Wants Out

The partnership between Starbucks and Kraft Food Inc has been on the rocks for quite some time now. More than a year ago, Starbucks complained to Kraft that it was…

Bacteria Turns Fruit into Bioplastic

Scientists have developed a technique that produces high-quality and environmentally friendly bioplastics from fruit, vegetables and plant waste. Experts at the Netherlands Organisation for Scientific Research (NWO) and the University…

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