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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…

High Prices Keep Terex Corp from Getting Deals

Terex Corp’s CEO Ron DeFeo has told that he would be willing to put in his company’s books $1.35bn in cash in order to cover the right purchase in the…

Rich People in Europe Changed their Attitude towards Financial Market

A UniCredit Private Bank survey on European millionaires and their current approach on European financial markets revealed that the crisis has changed their attitude to investments and banks. Moreover, UniCredit’s…

Wall Street Firms Less Likely to Accelerate Bonus Payments

Compensations experts stated that large banks on Wall Street are not likely to accelerate bonus payouts, although doling out bonuses in  December might act as a tax-bill cutting action of…

BHP sued by Potash Corp

BHP Billiton was sued on Wednesday by Potash Corp, which wants to block BHP’s hostile bid amounting $39bn to take over the fertilizer company from Canada. The basis of the…

Obama To Extend Bush’s Tax Cuts, Except…

The White House is expecting a bill that contains the extension of former president Bush’s tax cuts will be passed. Furthermore, they are expecting that the bill will not include…

Apple Loosens App Guidelines

The Apple company has just announced that they are going loosen the guidelines for iPhone application developers. However, Apple pointed out that this does not mean it will become easier.…

China Posts $20 Billion Trade Surplus in August

For the third straight time, China’s Trade Surplus hit more than $20 billion this August. This seems, according to the US, that china’s currency is being undervalued. The exact figure,…

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