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(MENAFN - AFP) French cosmetics giant L'Oréal has agreed to stop claiming that some of its high-end skin care products prevent signs of aging, under a deal with the Federal Trade Commission to stave off legal proceedings on grounds of misleading advertising.The FTC had targeted L'Oreal's skin care lines Lancôme Génifique and L'Oréal Paris Youth Code for stating they ...


(MENAFN - AFP) Canadian aviation giant Bombardier announced Monday it has received an order for 16 CRJ900 NextGen regional jets, worth $727 million (531 million euros).The order for the 76-90 passenger jets includes options for another eight of the same aircraft, and could therefore bring the final order to $1.2 billion.The client has requested anonymity, Bombardier ...


(MENAFN - AFP) Unemployment in the eurozone dipped by 28,000 jobs in May to 11.6 percent, official data showed on Tuesday, with continued signs of improvement in Portugal and Ireland.A total 18.552 million people remained unemployed in the 18-member eurozone in April, down 636,000 from a year earlier, the Eurostat statistics agency said. The agency had announced a rate ...


(MENAFN - AFP) Switzerland's financial regulator on Tuesday slapped the Swiss unit of embattled BNP Paribas with a two-year ban from working with anyone affected by US and EU sanctions after determining it had breached US embargos.FINMA, which also ordered BNP Suisse to increase its capital buffer, said it had carried out a separate probe from the one in Washington which ...

1 Jul 2014   Twitter buys TapCommerce 

(MENAFN - AFP) Twitter is fattening its mobile ad portfolio by agreeing to acquire TapCommerce, a company that specializes in targeting app consumers, the latter said late Monday.The price was not given but the Wall Street Journal put it at around $100 million (73 million euros), quoting a source close to the transaction.Based in New York, San Francisco and London, ...


(MENAFN - AFP) Putting a chef's hat on its Watson supercomputer, IBM and the magazine Bon Appetit unveiled a new initiative Monday that seeks to use Big Data for gastronomy.A new app unveiled in test version called "Chef Watson with Bon Appetit" aims at helping cooks "draw on Watson's advanced cognitive capabilities to create entirely new recipes and gastronomic combinations ...


(MENAFN - AFP) Fashion house Fendi kicked off the restoration of Rome's famed Trevi Fountain Monday, unveiling a transparent suspended walkway which will give tourists a whole new vantage point of the historic monument.Though the fountain has been drained for the renovation, a small basin has been set up at the rim so that visitors can continue the tradition of throwing ...


(MENAFN - AFP) A manual pelvic examination in which gynecologists use their hands to feel around for potentially cancerous masses is not needed for most women, a leading doctors' group said Monday.The American College of Physicians said women should still see their doctors annually for regular Pap smears and cervical exams to screen for cancer and sexually transmitted infections.However, ...


(MENAFN - AFP) Investment in emerging markets is expected to slump this year as part of a global downturn in corporate spending that is set to last into 2015, according to Standard & Poor's.Worldwide corporate investments are expected to dip 0.5 percent this year after a one percent fall in 2013, stalling at around $3.3 trillion for three years in a row, the agency ...


(MENAFN - AFP) General Motors said Monday it will pay unlimited compensation for victims of car accidents tied to faulty ignition switches and added another round of massive vehicle recalls.Facing possibly hundreds of death and injury claims for a problem the company covered up for more than a decade, GM offered an extensive compensation program for those killed or injured ...

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