The cut in the fine comes in the wake of a Supreme Court ruling. The Korea Fair Trade Commission has made it clear that it will not tolerate a “monopolist enterprise’s abuse of its market position …” On Thursday, South… Read More ›
Strategy
Report Claims 74% Of US Consumers Go To Amazon When They Want To Shop
A study by Feedvisor, a group that helps brands on issues related to e-commerce marketplaces, has revealed startling data which clearly shows that the retailers should be very worried about the dominance of Amazon over the e-commerce industry globally. In… Read More ›
Disney Closes Its $71Bn Acquisition Of 21st Century Fox
A media house whose scale can only be imagined is not far off as Disney has closed the acquisition of Rupert Murdoch’s entertainment business deal worth its $71bn. The deal includes franchises such as Cinderella, The Simpsons and Star Wars,… Read More ›
Most banks short of compliance under Basel rules
Basel rules were created so as to avoid a scenario wherein taxpayer’s money is used to bail banks in case of a financial crisis. On Wednesday, financial regulators warned, top international banks will collectively require $34 billion (30 billion euros)… Read More ›
$1.32 trillion to leave London ahead of Brexit: EY
Asset managers, banks, and insurers in London are expanding their European operations or opening new offices there to avoid a disruption from Britain’s potentially chaotic departure from the European Union. On Wednesday, in a significant development, Earnest and Young (EY)… Read More ›
Franco-German Doctolib gains unicorn status in latest funding round
Its latest funding round included existing investors including investment firm Eurazeo, France’s state-owned investment bank Bpifrance and venture funds Kernel and Accel. Doctolib, a Franco-German startup which created an online booking platform for doctors stated, it has raised 150 million… Read More ›
Annual Survey Reveals World’s Most Expensive Cities
The annual Economist Intelligence Unit survey has put Paris at the top of the list that ranks major world cities on the basis of expenses for its residents and visitors. Paris shared the spot with two Asian cities Hong Kong… Read More ›
OECD Report Claims Fake Goods Sale Rising Due To Rise Of Online Retail
A report from the Organisation for Economic Co-operation and Development (OECD) and the European Union’s intellectual property office (EUIPO) has found that there has been a rapid increase in the amount of fake merchandise sold around the world because of… Read More ›
Huawei’s cheap 5G equipment come with massive security implications
Apart from the asymmetry between the access that Chinese firms enjoy in foreign markets and the access China provides foreign companies in its markets, the real threat to national security is that China’s 2017 cybersecurity law obliges and forces citizens… Read More ›
Higher Risk Of Early Death From Higher Intake Of Sugary Drinks: Harvard Research
A large, long-term study among U.S. men and women has revealed that the greater quantity of sugar-sweetened beverages (SSBs) people consume, the greater is the risk of them dying prematurely – specifically from cardiovascular disease, and from cancer to a… Read More ›
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