Author Archives
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Symantec Warns US, European Energy Sector, Targeted And Entered By Hackers
In a cyber espionage campaign that has in some cases successfully broken into the core systems that control the companies’ operations, technologically advanced hackers have targeted United States and European energy companies, according to researchers at the security firm Symantec…. Read More ›
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Leave Politeness At The Door Is You Want To Be An Entrepreneur
Maybe Travis Kalanick and Steve Jobs were onto something. According to a review by researchers at Aston Business School in the U.K. and Kansas State University in the U.S., even after controlling for gender, education level, and gross domestic product… Read More ›
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Analysts Warn That In Two Months Time, There Can Be A Global Market Correction
According to an investor, in the next two months, a market correction could happen. “We believe there is a certain probability for a market correction over the coming two months, however, there is no inevitability for this to happen. What… Read More ›
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Decision On Blocking China-Backed Buyout Of US Chip Maker To Be Taken By Trump Soon
President Donald Trump’s economic and diplomatic relations with China will be put under a spotlight when he decides in the next two weeks whether to block a Chinese-backed private equity firm from buying a U.S. chip maker. Gambling that the former real estate dealmaker will… Read More ›
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Pressurizing North Korea Is Both ‘Futile’ And A ‘Dead-End Road’, Says Putin
Russian President Vladimir Putin has said that only dialogue without pre-conditions could resolve the North Morea crisis and urged the U.S. and others to avoid going down a “dead-end road” with North Korea. “Russia believes that the policy of putting pressure on… Read More ›
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3.5 Million Is The New Estimate For Wells Fargo Fake-Account, A 67% Increase
In a sign Wells Fargo & Co is still struggling to move past a scandal that sparked record fines and congressional investigations, the bank raised its estimate for how many bogus accounts employees may have created. According to a statement on… Read More ›
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Growing U.S. Role Underlined By Harvey’s Impact On World Oil Market
The ripple effect of Texas’s deadly storm, highlighting the growing importance of the U.S. for the global oil industry is being felt by world energy markets, from butane in Asia to gasoline in Latin America and diesel in Europe. The… Read More ›
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Investment Manager Says In 10 Years’ Time, Portugal Could Be Back In Crisis
The consumer and business habits of the economy might jeopardize the Portugal economy in the future, according to the International Monetary Fund, even though the country seems to be out of the woods for the moment with a projected growth… Read More ›
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Fears Of A Systemic Banking Crisis Stoked By Russia Bailout
Stoking fears of a possible systemic crisis in its banking sector, Russia’s central bank stepped in to launch one of the largest bank rescues in the country’s history. Amid concerns about its loan portfolio, Otkritie, the country’s seventh-largest bank by… Read More ›
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Designing And Building Electric Cars In China Sees Renault-Nissan Set Up New China JV With Dongfeng Motor
With the aim of designing and building electric cars and joining a list of global automakers aiming to make such vehicles in China, Nissan Motors and its alliance partner Renault are setting up a new joint venture in China with Dongfeng Motor Group…. Read More ›
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