Date
23 June 2017

BUSINESS

  • Earlier this year, Smart City Consortium (SCC) organized an Internet Economy Summit where Lilian Coral, Chief Data Officer of Los Angeles GeoHub, spoke about gathering and utilizing open data, sharing with the audience her experience and...
  • Entrepreneurs in the information technology era usually have strong personalities, which can both help and hurt their careers. Uber co-founder and chief executive Travis Kalanick resigned on Tuesday. The decision came at a difficult time, since...
  • American Airlines’ chief executive said he is not “particularly excited” about Qatar Airways’ interest in buying up to 10 percent of the US carrier’s shares, Reuters reports. The move by state-owned Qatar Airways to expand its...
  • Tesla Inc. took a step closer toward establishing an electric vehicle manufacturing plant in China with its announcement that it is in exploratory talks with the Shanghai municipal government, Reuters reports. Tesla has said it wants...
  • Banks in China have been ordered to investigate loans made to the country’s top overseas deal makers, the Wall Street Journal reports. These include Anbang Insurance Group Co., HNA Group, Fosun International Ltd. (0656.HK) and Wanda Group. ...
  • Perception can be quite deceiving. Nokia’s exit from the mobile phone business and Samsung’s battery explosion saga might have left investors with the impression that the two are goners, but the truth is, both companies are...
  • Oil prices ended down more than 2 percent on Wednesday after hitting a 10-month low in volatile trade, as growing US production and reduced Chinese refinery activity fed mounting concern over the stubborn global crude glut,...
  • Diageo Plc has agreed to buy George Clooney’s high-end tequila brand Casamigos in a deal valuing it at up to US$1 billion, as the world’s largest spirits maker seeks to boost its presence in a high-growth...
  • While stories like JD’s record sales in its June 18 shopping festival always grab the headlines, apart from the online shopping boom, rosy prospects in hardware such as Artificial Intelligence (AI) and Internet of Things (IoT)...
  • When restaurants charge you more at dinner than at lunch, is that a form of “price discrimination”? Not necessarily. If the restaurant serves a full house every night, but sees only a few tables filled at...

WORLD

  • The International Monetary Fund has resurrected an old technique – commonly used in the 1980s during the Latin American debt crisis – that would allow Greece to avoid a payment default next month on debt owed...
  • The friend of former South Korean leader Park Geun-hye, who was at the center of an influence-peddling scandal that rocked the country’s business and political elite, has been sentenced to three years in jail, Yonhap News...
  • This year marks the 60th anniversary of the outbreak of the Anti-Rightist Movement. As expected, all official mouthpieces and state-run media in the mainland are strictly forbidden to touch on the highly sensitive subject. However, while...
  • As a longtime champion of liberty and free trade, it is not surprising that the United States enjoys one of the highest standards of living in the world. But unless its policymakers act soon, the US...
  • A former US defense contractor has been charged with transmitting top-secret documents to Chinese agents in exchange for thousands of dollars in cash. Kevin Patrick Mallory, 60, of Leesburg, Virginia, came to the attention of authorities...

 

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