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19 Companies Fined $350,000 For Fake Online Reviews
New York regulators have fined 19 companies a total of $350,000, after a year-long sting operation found that these businesses had deceived consumers by posting fake online reviews. New...
Global Progress Towards Gender Equality Has Stalled: IMF
While women now represent 40 percent of the world’s labour force, female labour force participation rate globally have been stuck around the 50 percent mark for the past two...
Investment Consultants Earning Billions For ‘Worthless’ Advice: Study
Pension funds, endowment plans and other large institutional investors who engage investment consultants for market advice failed to see a better return on their investment when compared to the...
China Pours On State Support For Milk Powder Industry
The Chinese government is set to provide nearly 30 billion yuan ($4.90 billion) in state funding to domestic milk powder makers, in order to support sector consolidation and increase...
Russia Gambles On North Korea Railway Link To Connect Europe & Asia
Russia has reopened a 54km cross-border freight railway from its eastern border town of Khasan to the North Korean port of Rajin, in the hopes that the train network...
Egypt Returns $2 Billion To Qatar After Dispute
Egyptian authorities have returned $2 billion that the Qatari government had deposited into its central bank, after two weeks of negotiations failed to bear any fruit on converting the...
Syria Crisis To Cost Neighbours Lebanon $7.5 Billion In Economic Damage: World Bank
The spillover from Syria’s civil war is likely to cost neighbours Lebanon nearly $7.5 billion in economic damage by the end of next year, according to a report by...
Iran President Vows To “Never” Develop Nuclear Weapons
Iran’s newly elected president Hassan Rouhani has promised to “never” develop a nuclear weapon under his reign, during a U.S. television interview ahead of a visit to the United...
France To Crowdsource Corruption Battle In Mali
France’s foreign ministry has launched a website in Mali, urging regular citizens to report suspected cases of corruption in any of development projects that the French presently funds. The...
Syria Needs $1 Billion To Dispose Chemical Weapons: Assad
Syria will take about a year to assemble and destroy its arsenal of chemical weapons, said its President Bashar al-Assad on Wednesday, though he insisted that his government’s cooperation...


