Sectors
Amazon is venturing into freight shipping business
Amazon is planning to enter into ocean freight shipping industry as the company has been awarded with a clearance from the Federal Maritime Commission. The license will entitle Amazon to act as Ocean Transportation Intermediary.
European Car Sales Grew 9.2% in 2015, but Volkswagen Lost The Market
European car sales rose to 9.2% in 2015. Demand in December is recorded as the strongest one in the entire year. However, Volkswagen is excluded from the strong gain.
Italian Health Authorities Instituted Refund for Ineffective Cancer Treatment
Italian Medicine Agency has formulated an advanced strategies in drug spending. The agency has developed an innovative deal with pharmaceutical companies to institute a refund for ineffective medicinal treatment.
Hong Kong Dollar Has The Biggest Weekly Plunge in More Than A Decade
Hong Kong dollar dropped to four-year low against US dollar and continue to dive. Its continuous plunge lead to the biggest weekly loss for more than a decade.