In a statement the Federal Aviation Administration said, it had issued a special information bulletin alerting operators, manufacturers, and pilots that action may be required to address potential interference issues from the usage of 5G telecommunications technology from sensitive aircraft electronics. With… Read More ›
operators
ASIC files lawsuit against Commonwealth Bank of Australia’s pension unit for deceptive product communication
On Tuesday, Australia’s corporate regulator stated, it has filed a civil lawsuit against Commonwealth Bank of Australia’s pension business for deceptive product communication. “Product communication by Colonial First State Investments between March 2014 and August 2016 hindered customers of the… Read More ›
Insurer Chubb Ltd cuts exposure to coal-related companies
Chubb joins a growing stream of financial institutions who are scaling back their exposure to coal. In a significant development, insurer Chubb Ltd disclosed, it has decided to cut its exposure to coal-powered plants operators and that it would not… Read More ›
Avoid China-made telecommunication equipment: U.S. to allies
The United States is pushing allies to avoid using telecommunication equipment made by Chinese Companies, including Huawei Technologies, citing heightened cybersecurity risks. Following perceptions of threats from espionage, the U.S. government is persuading internet providers and wireless operators in allied… Read More ›
Rising cost of transportation pulling up food inflation in the U.S.
For consumers who have enjoyed low to negative food inflation over the years, the jump in food prices is likely to be a shocker. In the push for cost cut led higher margins, U.S. trucking companies and railroad operators are… Read More ›
Tencent Holdings Ltd and Alibaba Group Holding Ltd jostle for dominance in China’s $13 trillion mobile payment market
China’s online and brick-and-mortar retailers world are being forced to take sides as both giants battle it out for dominance over China’s $13 trillion mobile payment market. Chinese tech giants, Tencent Holdings Ltd and Alibaba Group Holding Ltd are forcing… Read More ›