Author Archives
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Free Sandwiches and Streaming Being Brought Back to Coach by Airlines
U.S. airlines have gotten their financial houses in significantly better order after decades of red ink. And some carriers are exploring inexpensive ways to make flying economy class a smidge less arduous even though this new wherewithal certainly won’t mean more legroom or… Read More ›
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Google and Facebook could have to Pay Publishers Under New EU Proposals
Under the proposed European rules that are designed to shore up the collapsing revenues of traditional media companies, news publishers would have stronger rights to demand payment from digital giants such as Google and Facebook in exchange for using their content…. Read More ›
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‘Abenomics’ Falters Amid Worsening Deflationary Spiral in Japan
Dealing another blow to prime minister Shinzo Abe’s attempts to fight deflation and revive the world’s third-biggest economy, the consumer prices in Japan dropped for the fifth month in a row in July. The July figures marks the biggest annual… Read More ›
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U.K. Lawmakers say Facebook, Twitter, YouTube are ‘Recruiting Platforms’ for Terrorists
In a report released on Thursday, U.K. lawmakers alleged of “consciously failing” to stop their sites from being used to promote terrorism and recruit extremists on the part of social media firms including Facebook, Twitter and YouTube. Urging the technology giants… Read More ›
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Clean Energy Starups Being Given a Helping Hand by Amsterdam Incubator
In the field of sustainable energy, start-ups that are brimming with bright ideas are increasingly gaining importance. And this would be boosted by a scheme which places selected small companies bursting with killer energy ideas in an 180-day long accelerator… Read More ›
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Room for Growth in Storage Space Seen by Private Equity as China E-commerce Booms
There were more modern warehouses in Boston than in the whole of the world’s most populous country when U.S. private equity heavyweight Warburg Pincus started looking at China’s logistics sector in late 2009. But a parallel binge in investment in… Read More ›
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Goldman is Upbeat Over India and these are the Reasons Why
According to Goldman Sachs, in the current fiscal year, the world’s fastest-growing major economy is set to accelerate. The investment bank said in a note that accelerating from 7.6 percent in the previous year, India’s economy is set to grow… Read More ›
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Customers Keep Coming to Branches as U.S. Banks Want to Close them down
The banking industry’s efforts to slim down are getting complicated by many U.S. customers who are not ready to give up regular visits to their nearest branch despite the banks’ nudging toward online tools. According to Federal Deposit Insurance Corp… Read More ›
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Post Brexit Boost in M&A Market Expected in September
Now that the uncertainty around the Brexit vote that dogged the start of the year has disappeared, bankers returning from the beach may be dreaming of a pick-up in dealmaking activity come September. Compared to last year, so far, it’s been… Read More ›
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The $1 Billion E-Sports Gaming Industry will now have an Olympics for Itself
While athletes from world over have been fighting out for medals at the Olympics in Rio, an Olympics of e-sports is being planned to be achieved by a gaming company that showcased a gaming tournament to that effect at the… Read More ›