More third party sellers are being roped in by US based retailer target bit in a much different manner as is being done by its larger rivals Walmart and Amazon. Target is aggressively calling out to both national and speciality… Read More ›
Economy & Finance
Exxon Mobil Corp’s position on climate change is “shortsighted”: investors
Two group of investors, who have a combined total of $1.9 trillion assets under management are pushing Exxon Mobil Corp to address significant climate risk concerns. According to two groups of investors, Exxon Mobil Corp is attempting to block an… Read More ›
‘Backdoor’ Listings Being Used By Crypto Firms To Get Close Ot Mainstream
A three pronged strategy has been adopted by several cryptocurrency exchanges so that they increase the chances of being recognised as legitimate mainstream financial institutions and thereby more closer to the mainstream markets. The strategies include presenting themselves to be… Read More ›
US Shouldn’t Block Technology, Says Trump For 5G
The United States should become global leaders in technology not through blocking others but through competition, said the US president Donald Trump. American firms must “step up their efforts, or get left behind”, Trump said. While not specifically mentioning the… Read More ›
China applies coal pressure on Australia, terms it quality and safety assurance issue
Chinese customs has stopped importing Australian coal with the Chinese foreign ministry stating this is a “completely normal” practice. While China has always portrayed itself as playing by the rules, its surprising that it did not provide a guidance or… Read More ›
Global anti-terror financial watchdog places Cambodia on money-laundering watchlist
Cambodia has been placed on the watchlist of the Financial Action Task Force (FATF) due to its susceptibility to money laundering and terrorism financing. On Friday, the Financial Action Task Force (FATF), a global money-laundering watchdog, placed Cambodia on its… Read More ›
U.S. Federal Reserve permanently bars former MD of JPMorgan Chase & Co’s Hong Kong unit
With Timothy Fletcher’s cooperation, the U.S. Justice Department, the Federal Reserve and the SEC will follow through with any pending or potential enforcement action against other individuals who are or were affiliated with the Hong Kong unit of JPMorgan Chase… Read More ›
Domino’s Misses Expectation On Earnings, Shares Dip
Domino’s reported weaker than expected earnings and revenues for the fiscal fourth quarter, disappointing investors, resulting in decreased confidence and a consequent drop of 6 per cent in the shares of the pizza delivery giant. “Our long-game approach, driven by… Read More ›
Different Automakers Have Different Decisions About UK Business Due To Brexit
Luxury carmaker Aston Martin is continuing with the construction of a new plant for assembling vehicles in Wales and the company has already completed setting up of the paint shop and currently robots are being got ready to be deployed…. Read More ›
Its Right To Develop And Prosper Should Be Respected, China To US
While reiterating that China is always open to the wider world, the Chinese government’s leading diplomat told a visiting U.S. delegation that China’s right to develop and become a prosperous country should be respected by the United States. Following the… Read More ›
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