With Europe seeking to ensure Washington has lived up to its promises to protect the data of European citizens stored on U.S. servers, a pact underpinning billions of dollars of transatlantic data transfers will undergo its first annual review. The… Read More ›
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China’s Struggle To Stop Kim Shown By Smuggled North Korea Clams
Chinese and North Korean trawlers intermingle as they search for crabs, conch and yellow clam in the fishing grounds where the Yalu River opens up to the Yellow Sea. According to media reports that quote traders who have been aboard… Read More ›
Countries That Started Rift With Qatar Have More To Lose, Says Chief Of Largest Middle East Bank
According to the group chief executive of the Middle East’s largest bank by assets, in comparison to the gas-rich state of Qatar that they are targeting, the Arab countries that have cut ties with Qatar may have more to lose from the spat. Qatar… Read More ›
As Hurricanes Hit U.S. Crop, Top Cotton Buyers Flock To India
After fierce storms in the United States, the biggest exporter of cotton, affected the size and quality of the crop, dealers in India said that the world’s top cotton buyers, all in Asia, are flocking to India to secure supplies…. Read More ›
While Illegal, An iPhone X Bought In U.S. Is Cheaper, Including Flight Fares
Thousands in Europe are eyeing-up transatlantic flights to see if it’s cheaper to fly across the pond to buy it because of the fact that the price of the new iPhone X is so high in Europe. But the catch is one… Read More ›
Report Says Major Disruption From Digital Start-Ups Faced By Insurance Firms In Most Sectors
Due to the emergence of a number of insurance technology (insurtech) start-ups, according to a report, insurance firms are facing increasing competitive pressure on all fronts. The sector is being forced to rethink its model with the integration of technologies… Read More ›
To Diversify Assets Amid Gulf Crisis, Qatar Fund Plans U.S. Deals
The diplomatic standoff between Qatar and its Gulf neighbors entered its third month. And amidst this unresolved crisis Qatar is seeing to further diversify its assets and has planned to induce more U.S. investments to achieve this. Qatar’s windfall gains… Read More ›
Report Says, To Evade Sanctions, Bitcoin Attempted To Be Stolen By North Korean State-Sponsored Hackers
In order to avoid sanctions and fund Kim Jong Un’s regime, North Korea is trying to steal bitcoin and other virtual currencies, according to a report. With the suspected aim of stealing the digital tokens, North Korean hackers had targeted at least… Read More ›
As Gap With New York Widens, London Wins Top Financial Center Title Once Again
As the gap with second placed New York City (NYC) widens, London has held onto top spot in the latest ranking of global financial centers according to the most recent iteration of the semi-annual report released on Monday. Compared to… Read More ›
$1 Billion In Digital Cash Sees Blockchain Developers Face Off Each Other
In a dispute that may help establish the leading player in providing new payment technologies to financial companies, two of the world’s largest blockchain developers are battling over more than $1 billion in virtual-currency options. Accusations of reneging on an options agreement… Read More ›