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U.S. citizens are losing the battle for privacy, states brief filed by U.S. tech companies
The brief urges the U.S. Supreme Court to side with the digital rights of citizens against intrusive governments breaches of privacy. More than a dozen technology companies along with Verizon Communications Inc, the biggest wireless operator in the U.S., have… Read More ›
Investment Manager Says In 10 Years’ Time, Portugal Could Be Back In Crisis
The consumer and business habits of the economy might jeopardize the Portugal economy in the future, according to the International Monetary Fund, even though the country seems to be out of the woods for the moment with a projected growth… Read More ›
Fears Of A Systemic Banking Crisis Stoked By Russia Bailout
Stoking fears of a possible systemic crisis in its banking sector, Russia’s central bank stepped in to launch one of the largest bank rescues in the country’s history. Amid concerns about its loan portfolio, Otkritie, the country’s seventh-largest bank by… Read More ›
Designing And Building Electric Cars In China Sees Renault-Nissan Set Up New China JV With Dongfeng Motor
With the aim of designing and building electric cars and joining a list of global automakers aiming to make such vehicles in China, Nissan Motors and its alliance partner Renault are setting up a new joint venture in China with Dongfeng Motor Group…. Read More ›
Russian Oil Traders Say It’s Business As Usual Despite New U.S. Sanctions
Circumventing tighter restrictions imposed this month by the United States on the foreign finance they can use, Russian oil companies will quickly find ways to work around those restrictions, says the media quoting multiple Russian oil industry sources. The new… Read More ›
Who Their Friends Are in Gulf Scrap, Qatar Bankers Want to Know
When times are tough, it’s good to know who your friends are. During the boycott of the Gulf country by a Saudi-led bloc that started in early June, which foreign partners have maintained business with them and which ones have… Read More ›