A study by the British Medical Journal shows that Mexico’s 10% tax on sweetened drinks implemented in 2014 led to 12 percent reduction in sales. Now, Britain and Canada are planning to follow suit.
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Pound fell to weakest since 2010, as Exchequer Chancellor warns of global threats
The pound drops to its weakest since June 2010 by 0.4 percent to only $1.4575 9 am January 7 London, as Chancellor of the Exchequer George Osborne warns of threats abroad against the British economy in 2016.
Yahoo investor calls for firing 9,000 workers and replace CEO
SpringOwl Asset Management managing director Eric Jackson recommends Yahoo to replace CEO Marissa Mayer and cut 9,000 of its workforce.
Study shows, oral contraceptives do not lead to birth defects
Taking oral birth control pills after, before, or during pregnancy doesn’t lead to higher risk of birth defects, according to a new study by US and Denmark researchers.
TransCanada sued US government to reverse Keystone XL pipelines rejection
TransCanada Corp sues US government to reverse President Barack Obama’s decision to reject its Keystone XL pipeline. Canadian firm also seeks $15 billion in damages from the North American Free Trade Agreement.
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Alexander & Baldwin Inc., the last sugar plantation Hawaii, will stop producing sugar by the end of 2016, ending an important industry to the island’s economy.
Lumos Labs has been charged a fine of $2 million by the FTC for their misleading claims on the benefits of using their app, Lumosity. The company claimed that the app could decrease or slow down serious mental conditions by frequently using the app.
Amazon has reportedly reiterates its presence in the microchip arena through unveiling acquired concern, Annapurna Lab’s Alpine. Through currently retailing a very meager market share compared to Intel’s strong dominance over chip arena, Alpine appears as a potential threat to the latter. But the unveiling event has been dominated by reduced rating points over in price index.
A number of concerns about the upcoming Olympic Games in Rio, have already been reported. These include supply of virus contaminated water, forcing to pay the athletes their air conditioning and television bill. Power cutting to Olympic 2016’s inaugural venue by Rio City due to unpaid bill has appeared to be the last blow for the Olympians.
Researchers in NASA is moving one step further to introduce a hybrid airplane technology in concluding its ERA project. The airplane will be able to fly on both fossil fuel and electricity, similar to hybrid car technology.
Consumer Electronic Show always showcase the latest technology every year. This year the annual trade show present the lightest drone built by PowerUp Toys.
FDA has been reported to seize 90,000 bottles of RelaKzpro branded diet supplement on Wednesday. The seizure has been conducted under Federal Food, Drink & Beverage Act following a suit filed by the US Department of Justice on behalf of FDA in the District Court. The suit accuses kratom containing diet supplements as adulterated due to unreasonable health hazards.
Uber has agreed to pay $20,000 in fine and adopt a better data security provisions in a settlement signed with the New York Attorney General, Eric Schneiderman. Besides that, the company also agrees to limit the number of employees allowed to use the system.
Normal check-ins of baggage was resumed by Malaysia Airlines after restrictions due to powerful head winds. These head winds inhibit the airline's capability to carry cargo and baggage.
