Business News & Advice »

[9 May 2017 | No Comment | ]

The first large Chinese-made passenger jetliner took off Friday on its maiden test flight, a symbolic milestone in China’s long-term goal to break into the Western-dominated aircraft market.
China is touting the C919 as a rival to single-aisle jets the Airbus A320 and Boeing 737. The plane was originally due to fly in 2014 before being delivered to buyers in 2016, but has been beset by delays blamed on manufacturing problems.
If the maiden flight is successful, the aircraft’s maker, state-owned Commercial Aircraft Corp. of China Ltd., or Comac, will then seek …

Health and Beauty »

[7 May 2017 | No Comment | ]

A landmark Australian law on restrictive tobacco packaging has been upheld at the World Trade Organization after a five-year legal battle, Bloomberg news reported on Thursday, citing two people familiar with the situation.
The news is a blow to the tobacco industry as such a ruling from the WTO has been widely anticipated as giving a green light for other countries to roll out similar laws.
It could have wider implications if applied to packaging for alcohol and junk food.
The Australian law goes much further than advertising bans and graphic health warnings …

Money Matters »

[5 May 2017 | No Comment | ]

It is a sign of Apple’s success but also a thorny problem: its cash stockpile has hit a staggering $256.8 billion, sparking debate on what do with such massive reserves.
Apple’s quarterly report on Tuesday showed its cash holdings — the vast majority held overseas — jumped to a sum that tops the entire economic output of Chile.
The tech giant has resisted the idea of bringing the cash home, because of disincentives in the U.S. tax code — it allows multinational firms to defer profits while they are held overseas but …

Health and Beauty »

[3 May 2017 | No Comment | ]

A cheap and widely available drug could save the lives of one in three of the 100,000 new mothers who bleed to death after childbirth every year, mostly in poorer countries, according to the first study of its use in postpartum haemorrhage.
In a trial of 20,000 women, researchers found that the drug, called tranexamic acid or TXA, cut the number of deaths due to post-partum bleeding by 31 percent if given within three hours. The treatment costs about $2.50 in most countries, they said.
As TXA works by stopping blood clots …

Business News & Advice »

[2 May 2017 | No Comment | ]

Internet companies are readying for a showdown with telecoms and a Republican-controlled government over a policy near and dear to their hearts: net neutrality.
Net neutrality basically prevents broadband providers from playing favorites or steering users toward (or away from) particular internet sites. Under rules enacted during the Obama administration, the likes of Comcast and Verizon — which offer their own video services they’d very much like subscribers to use — can’t slow down Netflix, can’t block YouTube, and can’t charge Spotify extra to stream faster than Pandora.
Broadband companies hate the …

Health and Beauty »

[1 May 2017 | No Comment | ]

Drinking 32 ounces of energy drink is associated with potentially harmful changes in blood pressure and heart function that are beyond those seen with caffeine alone, according to a new study.
There are more than 500 energy drink products on the market, and their increased popularity is matched by a significant rise in energy drink-associated emergency department visits and deaths.
Manufacturers and fans of these products claim they are as safe as caffeine, but there is little evidence to support that claim.
Caffeine in doses up to 400 mg (about five cups of …