Tag Archives: Business/Finance

07Jun/15

Deutsche Bank makes John Cryan CEO

John Cryan, former UBS Chief Financial Officer and on Deutsche Bank’s supervisory board, has been appointed the latter’s new Chief Executive Officer, as the bank tries to clean up its image.
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29May/15

Intel nears deal to buy Altera

(Reuters Business Report) – Another huge chip deal nearing the finish line: The New York Post reports Intel is close to buying Altera for roughly $15 billion. It says the deal could come together by the end of next week. The semiconductor giant would pay about $54 a share, a 15 percent premium over Thursday’s closing price.
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25May/15

Nigeria fuel shortages hit MTN, Guaranty Trust bank

Severe fuel shortages in Nigeria hit the services of Africa’s largest mobile telecoms operator, MTN, and force Guaranty Trust Bank to close its branches nationwide at lunchtime, the companies say.
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23May/15

Google I/O 2015: What To Expect … And Not Expect

google-android
Google’s annual developer conference is right around the corner, and there’s a lot to talk about this year. A lot has happened in the last 12 months that position Google to make some big announcements this year, continuing the bold new direction the company has taken Android, Chrome, and just about everything else the company does. Follow the buzz https://goo.gl/rQoznH

19May/15

Alibaba’s Jack Ma says Kering lawsuit “regrettable”

The founder of Alibaba Group Holdings Ltd Jack Ma says a lawsuit by a group of luxury goods makers owned by Kering SA accusing the Chinese e-commerce giant of being a conduit for counterfeiters to sell goods was “regrettable”.

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18May/15

Belgian scientists use beer yeast to boost chocolate flavour

Belgium is known for its beer – and its chocolate.

Now scientists say if you put the two together, it results in a superior tasting sweet treat.

Leading chocolate producer Barry Callebaut found that its flavour forms when the sticky white pulp covering cocoa beans ferments during the drying process.

Gino Vrancken leads the company’s global research and development team.

BARRY CALLEBAUT RESEARCH AND DEVELOPMENT MANAGER, GINO VRANCKEN,

“The bean is always pushed through fermentation to develop the aroma potential, but it is never done in so optimally or fully.”

The chocolate connoisseurs turned to scientists from Leuven to help them find the yeast that results in the tastiest cocoa bean

Kevin Verstrepen’s team developed a cross between a beer yeast and one that occurs in the cocoa beans’ natural environment.

PROFESSOR AT KATHOLIEKE UNIVERSITEIT LEUVEN UNIVERSITY AND GROUP LEADER AT FLANDERS INSTITUTE FOR BIOTECHNOLOGY, KEVIN VERSTREPEN,

“If you just take a good brewer’s yeast and you put it on chocolate you are not really going to get great chocolate, because they are really not adapted to that environment. So, it was really key to take the yeast we added from the chocolate that are used to growing there and that can use of the sugars and nutrients that are available in these chocolate beans.”

The result is a hybrid yeast that releases the most desirable aroma compounds more quickly – and prevents the growth of unwanted fungi.

This allows the producer to replicate the purest cocoa flavour with every bean.

And the Belgian team says using yeasts to engineer the taste of the chocolate means no added chemicals or artifical flavours.

PROFESSOR AT KATHOLIEKE UNIVERSITEIT LEUVEN UNIVERSITY AND GROUP LEADER AT FLANDERS INSTITUTE FOR BIOTECHNOLOGY, KEVIN VERSTREPEN,

“You will soon be able to go to the supermarket and pick your really favourite chocolate that is a bit more fruity, whereas maybe your significant other will go and he wants some more robust, you know, smokey chocolate, or a caramel-one, or a sweet or less sweet.”

With the beer-powered yeast behind their chocolate, Barry Callebaut is now confident their product will stand up to any taste test.

09May/15

Rolls-Royce Fashion Debut

Rolls-Royce-Fashion-Debut

Rolls-Royce today unveiled its latest expression of innovative design and cool modern luxury with Wraith ‘Inspired by Fashion’. The stunning new vehicle sports numerous techniques and features never-before-seen on a Rolls-Royce Motor Car including materials, colours and textures created by the Rolls-Royce Motor Cars Design Team.

Source: Rolls-Royce Motor Cars