As per KrebsOnSecurity this could be related to the the sale of credit & debit card numbers on the dark web. Sonic Corp, a U.S. fast food chain operator has disclosed that it has detected unusual credit card related activity… Read More ›
Regulations & Legal
More Protection For Uber-Style Jobs Sought By EU
In order to try to tackle growing social inequality, rights for casual workers, such as those in the “gig economy”, and others with non-standard contracts is sought to be better protected more social protection and rights by the European Commission…. Read More ›
U.S. Commerce Secretary Wilbur Ross prepares the ground for U.S. President Donald Trump’s visit to China this November
With the Trump Administration’s focus on rebalancing trade ties, China is likely to face greater pressure on opening up its economy and reviewing its trade practices. During his recent visit to China, U.S. Commerce Secretary Wilbur Ross has made it… Read More ›
Baidu Inc’s video streaming business, iQiyi eyeing U.S. IPO for early 2018
iQiyi, China’s equivalent of Netflix, is expected to be valued between $8 billion to $10 billion. As per a source with direct knowledge of the plans, iQiyi, Baidu Inc’s video streaming service, is eyeing a IPO in the United States,… Read More ›
Second round of U.S.-Japan economic dialog to be held on Oct. 16 in Washington
The economic dialog between the two of the biggest economies could potentially deepen U.S.-Japan economic relations. On Monday, the United States and Japan are likely to hold their second economic dialogue on October 16 in Washington, said a source familiar… Read More ›
U.S. refiners exporting sulfur heavy crude before the Oct. 1 deadline which sets stricter sulfur standards
The demand for light sweet crude, with lower sulfur content, is set to peak in the near future. On Monday, an executive from Enterprise Products disclosed that the demand for U.S. light sweet crude is could potentially go northwards since… Read More ›
Lufthansa in the lead to buy Air Berlin’s assets
Air Berlin’s board will take a final decision on the bidding process after October 11. As per two sources familiar with the matter at hand, Lufthansa is likely to buy a large stake in insolvent rival Air Berlin; EasyJet is… Read More ›
Trump Administration preparing grounds for tapping Afghanistan’s rare earth minerals
With Afghanistan’s President Ashraf Ghani visiting the U.S. the two leaders vowed to defeat terrorism, the steep hurdle that has to be crossed before Afghanistan’s riches can be tapped. In a meeting in New York, U.S. President Donald Trump and… Read More ›
State Handouts Paves Way For Road To Electric Car Paradise
The electric cars in the Norwegian island of Finnoey are exempt from the $6,000-a-year toll charges for the tunnel to the mainland and that is the reasons that this place has the highest density of electric cars in the world…. Read More ›
Trump Administration introduces bill to ease the exports of small arms
The move is likely to boost the sales of guns, but it is unlikely to have a significant impact on the overall revenues of U.S. gun makers, since exports sales account for only 10% of their total revenues. In efforts… Read More ›
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