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If it isn't one thing, it's another complicating discount retailer Costco's switch to Visa-branded credit cards from American Express.

Kentucky sues Johnson and Johnson for millions of dollars

Major pharmaceutical company Johnson and Johnson is facing legal action from Kentucky Attorney General Andy Beshear. The state claims the company failed to disclose the hazards related to its surgical transvaginal mesh products.

Poland forecasts greater spending, slower growth in 2017

Poland said Monday it would raise spending next year, but still keep its deficit just under an EU-wide limit of 3.0 percent of GDP, while also cutting the growth forecast for central Europe's largest economy.

Healthier workplaces are better for business

A new study suggests that a successful business is built both upon a safe working environment and a healthy workforce. The study makes recommendations for employers and says such measures pay dividends in the long-run.

Cad & The Dandy: Quality tailoring at an affordable price Special

Founded in 2008 by James Sleater and Ian Meiers, two City of London bankers who had been made redundant, Cad & The Dandy is an independent tailoring company with a flagship store located at 13 Savile Row.

Interview: Patrick Finnegan talks about being the face of Gen Z Special

20-year-old consultant Patrick Finnegan chatted with Digital Journal about being the face of Gen Z, as well as his greatest influences.

Japan's economy has stopped growing despite stimulus

In the second April-June quarter, Japan's economic growth ground to a halt. There were weak exports and shaky demand domestically.

Nigeria wrestles with 'suddenly poor' status

First it was falling oil prices that plagued Nigeria, then came inflation, power shortages, and a humanitarian crisis in the north."Suddenly, we're a poor country," Nigerian President Muhammadu Buhari said on Thursday in Abuja, the nation's capital.

Italy to seek new EU deal to keep economy on track

Italy is to seek a new deal with the European Union to allow it to kickstart its stalling economy with an expansionary 2017 budget, a government minister said Saturday.

Macy's to close 100 stores while boosting online presence

Macy's, the largest U.S. department store chain, announced plans Thursday to close 100 stores across the country and reallocate resources to increase its online presence.

Egypt reaches deal with IMF for loan of $12 billion over 3 years

The International Monetary Fund (IMF) announced it had reached a deal with Egyptian authorities for a $12 billion loan over a period of three years. Egypt has been facing a dollar shortage, falling foreign reserves and a battered economy.

UN report claims Canadian firm violated Libya arms embargo

A report from a UN panel says that armoured vehicles from the Streit Group shipped armoured personnel carriers to Libya from its Mideast facilities several years ago, in violation of an international arms embargo.

World Bank suffering 'leadership crisis,' staff say

Staff at the World Bank delivered a broadside against its sitting president this week, saying the global lender faced a "crisis of leadership" and risked irrelevance on the world stage.

Trump unveils economic plan to 'jump-start' US

Republican Donald Trump said Monday he would slash taxes, block onerous financial regulations and unleash the energy sector as he pledged to "jump-start America" with a new economic plan if he is elected president.

To be effective employees need to digitally unplug

A new study has perhaps confirmed what most would expect. To be effective at work the following day, employees need downtime and this includes not checking work emails when at home.

In Japan, electric car charging sites surpass gas stations

Japan has more car charging sites than gas stations as electric vehicles are becoming a more viable option around the country.

Tim Hortons expanding in U.S. and into the Philippines

The parent company of Tim Hortons has reported a big increase in quarterly profits compared with the same quarter last year, in spite of the fact that revenue is flat.

Uber, Airbnb workers to benefit from new S.F. janitors contract

Workers for web-enabled car and home rental services will be paid more under a deal with San Francisco's janitors' union negotiated with the help of the city's mayor.

Google and GSK team up for multimillion bioelectronics project

Big name companies Google and GlaxoSmithKline have entered into a joint venture to develop bioelectronics. The emerging field is set to be the next big thing in health care.

Kickstarter has created 300,000 jobs, generated billions: study

A recent study shows the platform Kickstarter has created tens of thousand of jobs and injected over $5 billion into the economy since its inception in 2009.

Op-Ed: Kickstarter starts its own economy, with $5.3b generated income

Kickstarter is best known for its high profile and varying degrees of great and lousy projects. Now someone’s done a study on how much actual economic power Kickstarter has, and the numbers are pretty good, but surprising.

BMW powers through second quarter towards record year

A favourable world auto market helped German carmaker BMW to post profits 11 percent higher in the second quarter than the same period last year, results released on Tuesday showed.The Munich-based firm said that it had made 1.95 billion euros ($2.

Lufthansa warns European terror creating turbulence

German flag carrier Lufthansa warned Tuesday that recent terror attacks in Europe were having a "tangible impact" on business, with second-quarter profits down 17 percent.

Op-Ed: Libya hopes to boost oil production to 900,000 barrels per day

The National Oil Company (NOC) welcomed the announcement of the Presidency Council (PC) of the unconditional opening of several eastern oil ports by the Petroleum Facilities Guards (PFG), led by Ibrahim Jadhran.

Chinese ridesharing giant Didi buys Uber China operations

The fierce competition between Uber and Didi Chuxing for dominance in China ended with the two ride-hailing giants merging to create a new company worth at least $35 billion.

Aging workforce putting strain on skilled manufacturing workers

Even though presidential candidates Hillary Clinton and Donald Trump are promising to bring good-paying jobs back to America, neither candidate is mentioning the substantial lack of skilled workers in this country needed to replace aging baby-boomers.

Op-Ed: Canadian ship 'arrested' in Tobruk Libya for not having a permit

The Tobruk-based House of Representatives (HoR) government of Abdullah al-Thinni is now requiring that all ships have a permit from this government before they enter Libya's territorial waters.

States can't fight Airbnb, so they are trying to tax it

A lot of states have come to understand that they can't completely get rid of Airbnb. However, a few states have decided to make money off of the home-sharing site by taxing it.

Facebook to challenge US bill for back taxes

The US government is expected to hit Facebook with a bill for between $3 billion and $5 billion in back taxes, the social network has disclosed.

Op-Ed: Libyan unity government signs deal to open oil ports

Two members of the Presidency Council (PC) of the Libyan Government of National Accord (GNA), Musa Koni and Ahmed Mahdi, along with defense minister Mahdi Al-Barghathi, flew to Ras Lanuf today to sign a deal to open the terminal there and at Es Sidre.

Budweiser's last hope to capture millennials was a huge flop

Budweiser's 'America' summer campaign didn't have the impact the beer giant had hoped for. From the start, Budweiser's America campaign has been controversial.

Japan plans $265 billion plus in economic stimulus

Japanese Prime Minister Shinzo Abe announced plans to spend more that 28 trillion yen ($265 billion US) in an economic stimulus package to try and revive the Japanese economy.

Op-Ed: More problems arise to block Libyan oil exports

An agreement between UN envoy to Libya Martin Kobler and Ibrahim Jodhran, head of the Petroleum Facilities Guard (PFG), has been denounced by the chair of the National Oil Company (NOC), Mustafa Sanalla.

Samsung files case against Huawei for patent infringement

Samsung Electronics has hit back at rival Huawei, filing a patent infringement case against the Chinese electronics company in a move seen to worsen the two firms’ rivalry.

IMF urges key G20 countries to spend more for growth

The International Monetary Fund (IMF) has warned risks to the global economy are growing, as it called on some G20 nations to boost government spending.

G20 ministers urge tighter tax rules for multinationals

The world's major economies need to deepen cooperation on tax collection and information sharing as companies seek to minimise the amount they pay to governments, finance ministers said on Saturday.

Justice Department looks to block big health insurance mergers

The U.S. Department of Justice has stepped in and filed anti-trust lawsuits against Anthem and Aetna in order to block the two companies from merging with rival health insurers Cygna and Humana.

IMF cuts global growth forecast for next two years after Brexit

The International Monetary Fund (IMF) cut its global growth forecasts on July 19 citing uncertainty over the economic effects of the recent Brexit vote which will see the UK leave the European Union (EU).

People in China are rioting at KFC locations, shattering iPhones

People are protesting and boycotting KFC locations across China. Following last week's ruling that Beijing had no legal claim in the South China Sea, many Chinese citizens are blaming the US.

South Korean auto, shipbuilding workers to go on strike

Tens of thousands of South Korean auto and shipbuilding workers are set to launch partial strikes this week after negotiations over wage increases stalled.

Protesters shut down Tobruk export port after salaries delayed

The protesters, affiliated with the Petroleum Facilities Guard (PFG) shut Al-Hariga port down in Tobruk because of delays in being paid.
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