Paris -
Canadian convenience store chain Couche-Tard has reportedly pulled out of a multi-billion euro takeover of supermarket giant Carrefour after the French government said it would veto the deal.Negotiations over the 16 billion euro ($19.
Shanghai -
China's economy grew last year at its slowest pace since transformative market reforms of the 1970s, according to an AFP poll of economists, but finished the year strongly on an accelerating coronavirus recovery.
Paris -
The world's top 30 fund managers, collectively holding $50 trillion in assets, get mixed marks on steering the global economy into alignment with Paris climate targets, according to a report released Thursday.
Enterprises currently relying on older channels of communication, data management and internal operations are in need of modernization. One solution to this challenge is robotic process automation.
San Francisco -
Drivers for ride-share and meal delivery apps filed a lawsuit Tuesday to nullify a referendum passed by California voters that lets such "gig workers" be treated as contractors.
New York City -
Twitter got hit hard by the market just after booting Donald Trump. The question is whether Trump is worth that much to Twitter. I sniff some self-serving sleaze in this market move.
The market for battery-powered delivery vehicles and equipment has so much potential that General Motors has formed a new business unit - BrightDrop - part of GM’s plan to invest $27 billion in electric and autonomous vehicles by 2025.
S -
Carmaker Ford said Monday losses exacerbated by the coronavirus epidemic would see it close its three factories in Brazil, where it has operated for a century, terminating some 5,000 jobs.
President-elect Joe Biden has big plans for rebuilding the U.S. supply chain after the global pandemic shook it to its core. This includes a plan to help reduce the reliance of US supply chains on overseas companies.
Fpo -
Asian markets fluctuated Tuesday as hopes for the rollout of coronavirus vaccines and a new stimulus out of Washington competed with fears over surging infections, new lockdowns and brewing political and social unrest in the United States.
In the business world, artificial intelligence is enabling businesses to work in new ways. This includes automating everyday tasks. The next wave of this process will capture the contract management process, according to a leading analyst.
Despite the teething troubles being overcome, remote working will continue to present security and technological challenges for the typical businesses. Getting on top of these is important, given the COVID-19 situation and further working from home.
For businesses that struggled in 2020, turning things around during 2021 is a must. One area to focus on is sharpening up with supply chain. This requires adopting a Customer 360 view, explains expert Richard Barnett.
Mumbai -
India's largest software exporter Tata Consultancy Services saw its quarterly profits climb more than seven percent Friday, citing strong demand for its cloud services as the pandemic boosts remote working.
Washington -
Washington has suspended a plan to impose new tariffs on $1.3 billion in French products in a dispute over a digital services tax, the US Trade Representative (USTR) announced on Thursday.
London -
While Britain's post-Brexit trade deal with the EU has at last been reached, the future of the country's key financial services industry is uncertain ahead of bilateral talks.
This year could see leveraging email threads to reach new targets, the growth of image-based attacks, business email compromises and the use of global events/stressers to launch psychological-based attacks, according to leading experts.
Apo -
Tokyo's annual New Year tuna auction ended Tuesday without the usual jaw-dropping bidding war, with the country's "Tuna King" holding back on gunning for the top fish, citing the pandemic woes affecting the restaurant industry.
While not reported at the time, it has been revealed that cloud hosting and IT services provider Netgain was forced to take some of their data centers offline after suffering a ransomware attack in late November 2020.