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 ›
Strategy
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. Seen Putting Off Key Demand On Autos As NAFTA Talks Intensify
Even as U.S. negotiators looked set to once again withhold proposals for one of the Trump administration’s most challenging issues, talks to update the North American Free Trade Agreement have got more intense. Amid warnings from trade experts that time… Read More ›
China’s Zombie Company Problem Is Unlikely To Be Solved By A Private Solution
With bankers and investors expecting possible spin-offs and asset sales to follow a key Communist Party Congress in October, China’s latest push to revive its bloated state-owned sector is set to pick up pace this year. But according to the… Read More ›
Alibaba to consolidate its global logistics network with an infusion of $15 billion
Alibaba is aggressively pushing to streamline and make more efficient its global logistics network. In a move aimed at expanding its footprint in markets overseas, Chinese e-commerce giant, Alibaba Group has announced that it will sink in $15.12 billion (100… 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 ›
Walt Disney threatens to pulls ESPN & ABC from Altice’s network
In a new story of David vs the Goliath, Altice USA, better known as Optimum, is the first cable network that has dared to push a fee hike from a media group. Consumers living in New York, New Jersey, Connecticut… Read More ›
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