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A controversial study notes how Business Intelligence tools advance, giving rise to self-service analytics, is there still a need for data scientists? This is the context of improved algorithms that yield quicker and simpler results.

Retail defaults and liquidations could exceed last year's levels

Retail bankruptcies and defaults hit a peak last year, soaring past records set during the recession, and things could get even worse this year, according to the credit-ratings agency S&P Global Ratings.

Facebook suspends Trump linked data firm

Facebook has taken the unusual step to suspend the data analytics firm associated with Donald Trump's presidential election campaign. The social media giant has blocked Cambridge Analytica and associated companies.

L.L. Bean cancels blockchain and sensor experiment amid layoffs

L.L. Bean has cancelled an experiment that would put sensors connected to the Ethereum blockchain inside of some of its coats and books, according to The Wall Street Journal.

Andorra witnesses first strike since 1933

The tiny principality of Andorra is witnessing a once in a generation phenomenon -- a widespread strike.

Ex-Siemens executive pleads guilty in $100 mn bribery plot

A former executive at German engineering giant Siemens pleaded guilty on Thursday to conspiring to pay tens of millions of dollars in bribes to officials in Argentina, the US Justice Department announced.

Apple remains the world's most intimate brand

According to MBLM’s Brand Intimacy 2018 Report, Apple again dominates. Overall, media & entertainment industry ranked first overall for the first time, triumphing over automotive. The chart reflects the emotional bonds between a person and a brand.

Interview: Mobile technology to make banking easier Special

Many people struggle with their savings or with their finances overall. To make it easier to save, mobile banking technology offers solutions. One example is with Mobile banking startup Varo Money, Inc., who have introduced SMS alerts to encourage saving.

Toys R Us to close or sell over 800 remaining U.S. stores

Toys R Us is closing or selling all of the over 800 stores that remain in the United States. The closings were apparently announced to workers today by Chief Executive Officer (CEO) David Brandon ahead of a bankruptcy hearing scheduled for March 15.

Brazil's scandal-hit Petrobras posts new losses for 2017

Brazil's troubled national oil company Petrobras on Thursday posted net losses of 446 million reais ($139.7 million) for 2017, reflecting continued fallout from the "Car Wash" corruption scandal, but sharply improving on the previous year.

Germany's huge gender pay gap unchanged in 2017

Germany failed to make progress in closing its yawning gender pay gap last year with women still earning 21 percent less than male colleagues, official data showed Thursday, giving the country one of the worst records in Europe.

Unilever drops London for post-Brexit Dutch HQ

Anglo-Dutch consumer giant Unilever on Thursday chose The Netherlands over London to host its headquarters, dealing a blow to Britain's efforts to keep multinational companies onside following Brexit.

Amazon Japan says cooperating after raid in antitrust case

The Japanese unit of the US internet giant Amazon said on Thursday it was cooperating with authorities after a fair trade watchdog raided its Tokyo headquarters on allegations of antitrust violations.

Disney reorganizing in line with its new growth initiatives

The Disney Company announced on Wednesday, March 14 that it was reorganizing in keeping with its new growth initiatives, such as direct-to-consumer offerings.

Digital transformation underway with bioprocessing

Industry 4.0, especially the approaches of cyber-physical systems control and monitor activity through computer-based algorithms, are impacting on the bioprocessing sector as pharmaceuticals seek improved efficiencies.

Digital transformation of remote working and meetings

Workers are spending increased amounts of time working remotely, either on projects or for accessing meetings, such as through online conferencing and collaboration services. New innovations include virtual, augmented and mixed reality.

OPEC acknowledges supply cuts didn't work

The Organization of Petroleum Exporting Countries (OPEC) for the first time, is forecasting that new oil supplies from its rivals will exceed growth in demand this year as the U.S. industry thrives.

Trump taps TV pundit Kudlow for top economic post

President Donald Trump tapped conservative TV pundit and longtime free-market advocate Larry Kudlow as his top economic advisor Wednesday at a time when White House policies are fuelling fears of a global trade war.

Bank of France urges end to euro reform 'trench warfare'

Eurozone leaders must end "trench warfare" between creditor and debtor countries and tackle tricky reforms, the governor of the Bank of France said Wednesday, offering ways to shake up long-paralysed debates.

Hong Kong's Cathay Pacific posts HK$1.26 bn loss for 2017

Hong Kong flag carrier Cathay Pacific on Wednesday announced a HK$1.26 billion ($161 million) net loss for 2017, marking the first back-to-back annual loss in its 71-year history.

Buenos Aires subway workers go on strike over asbestos claims

Subway workers in Buenos Aires plan go on strike late Tuesday over rail cars from Spain used in the Argentine capital's metro system that allegedly contain asbestos.

RFID technology helps increase supply chain security

Radio frequency identification tags can enhance the top-down understanding for businesses in terms of the manufacturing outfit and what happens to incoming and outgoing materials in the supply chain.

Construction needs to become data-driven for future success

To remain competitive and to be fit for the future, the construction sector needs to embrace data driven technologies. According to different analysts, this includes maximizing the potential of the Internet of Things.

Why user and entity behavior analytics matter

As employee numbers grow, an organisation's vulnerability to insider threats grows. A new report suggests businesses can protect themselves with user and entity behavior analytics.

Tesla's Model 3 production is reportedly nowhere near its target

As the first quarter draws to a close, numerous Tesla watchers are trying to figure out how many Model 3 vehicles the company is making.

Volkswagen boss 'convinced of diesel renaissance'

The chief executive of the world's largest carmaker Volkswagen said Tuesday he was convinced of a comeback for diesel motors, two-and-a-half years after the firm admitted to emissions cheating on a massive scale.

ING drops big pay hike plan for CEO after protests

Dutch top bank ING said Tuesday it has dropped a plan to massively hike its chief executive's pay package after protests from shareholders, the public and even the prime minister.

Qatar Petroleum announces Abu Dhabi oil deal despite boycott

State-owned Qatar Petroleum announced Tuesday it has signed a deal with Abu Dhabi to operate the shared Al-Bunduq offshore oil field, despite a bitter diplomatic rift.

China to merge banking, insurance regulators in massive overhaul

China unveiled plans on Tuesday for the biggest shakeup of government in at least a decade, including the merger of its banking and insurance regulators to better handle financial risks as leaders look to address concerns over a growing debt pile.

Trump blocks Broadcom's bid to buy Qualcomm

US President Donald Trump on Monday blocked an unsolicited bid by Singapore-based Broadcom to take over smartphone chipmaker Qualcomm, citing national security concerns.

Tesla suspended production of Model 3 briefly in late February

The foremost electric car (EV) maker Tesla suspended production of its popular Model 3 for almost a whole week in late February. The suspension was planned to allow time to make changes that the company hopes will increase productivity.

Trump sharpens trade row, threatening to tax German cars

US President Donald Trump has singled out Europe in a billowing trade row, threatening to tax German cars if the European Union doesn't lower barriers to US products.

Accenture models Industry X.0 for businesses

Industry 4.0 is not the end of the digital journey, according to a review by consultants Accenture. The company has modeled a means for global businesses to aspire to Industry X.0.

Why many construction companies have not transitioned to digital

Moving to a digital model is essential for future survival of construction companies. This is necessary to meet changes arising from connected homes, smart factories and offices, according to a new report.

Digital technologies could unlock billions for construction

Construction companies can unlock billions in value throughout the next ten years by turning more readily to digital technologies, according to a new report from Accenture.

S.Africa looks to strip Gupta brother's residency

South Africa has launched proceedings to strip the permanent residency status of one of the lynchpins of a controversial Indian business family accused of corruption, an official said on Sunday.

Clean energy forces three California gas power plants to close

NRG Energy has confirmed its subsidiary, GenOn, plans to shutter three gas-fired power plants in California, continuing a trend of difficulties for fossil fuel generation in the state.

A Bitcoin crash won't impact traditional markets

A Bitcoin crash would probably derail other cryptocurrencies, according to new research. However, more traditional markets would be relatively insulated from a sharp devaluation.

Utah coal company seeks relief from federal lease payments

Utah’s largest coal producer is seeking a tax royalty reduction potentially worth millions of dollars on what it owes for federal coal leases mined at the Sufco Mine near Salina, but the filing was kept out of the news.

Porsche: First Car Company to incorporate blockchain

Porsche has become the first car company to implement blockchain in a vehicle. Areas covered include locking and unlocking the vehicle via an app and time-limited access authorizations.

J.Lo and A-Rod help Bronx kids live the American real estate dream

To amass a fortune in real estate, despite New York's crazy housing prices: that is the challenge thrown down by singer Jennifer Lopez and her boyfriend Alex Rodriguez to kids from the Bronx, the city's poorest borough.
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