Nestle has lowered its sales forecast for the year to 3% growth, down from 4%, as consumers reject price hikes on its products, leading to a 5% drop in its shares.
Sectors
SpaceX Reveals Cause of Recent Falcon 9 Flight Failure, Looks to Return to Flight by July 27
SpaceX said that it identified and fixed the problem that caused a failure in its Falcon 9 rocket in a launch earlier this month after announcing it has filed a mishap report to the FAA.
Manhattan Gemstone Dealer Charged for Diamond Fraud
Manhattan-based diamond dealer Manashe Sezanayev has been charged for alleged fraudulent practices against fellow jewelry merchants.
Maersk Agrees to Settlement with US Labor Department After Firing Whistleblower
Maersk Line agreed to a settlement offered by the US Labor Department in relation to an alleged retaliatory termination of a container ship seaman who revealed questionable practices and potential safety concerns onboard the company’s vessels.
Invictus Partners: The Enterprise Software Vigilantes Standing up to the Software Mafia
Invictus Partners, an Australian-born, fast-growing global enterprise software advisory firm, is helping blue chip companies, businesses, and government agencies across all continents stand up to what they term the 'software mafia' (global software giants and their network of systems integrators and resellers).
Latest News
AstraZeneca has raised its full-year sales and profit forecast due to strong demand for its drugs for cancer, rare diseases, and heart disease.
The Australian Federal Court dismissed a class action lawsuit that claimed German pharmaceutical and chemicals company Bayer’s glyphosate-based herbicide Roundup could cause a type of blood cancer, which gave the firm a respite after facing similar cases in the United States.
The Australian Parliament’s Standing Committee on Communications and the Arts heard evidence from a number of live music industry stakeholders, including Arts Queensland and QMusic.
This article explores whether life coaching might be a scam, highlighting notable examples of life coaches who have faced serious allegations and discussing the thin line between genuine support and opportunism.
Commercial spaceflight company Axiom Space announced this week that they have welcomed retired British astronaut Tim Peake into its professional astronaut pool.
HMD, the Finnish phonemaker more known for the redevelopment of the Nokia mobile phone series, announced the launch of its Better Phone project, with an aim to make mobile devices safer and friendlier for children and teenagers.
Tesla CEO Elon Musk said that the company would be delaying the launch of its long-awaited robotaxi service on Oct. 10, around two months after the planned date.
A Pennsylvania-based federal judge ruled to decline calls to block bans on noncompete agreements issued by the Federal Trade Commission, which was a divergence from an earlier decision at a Texas counterpart earlier this month.
Switzerland became one of the world’s first countries to mandate making its government website softwares to become open source with the implementation of the Federal Law on the Use of Electronic Measures for the Fulfillment of Government Tasks.
