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Top News: Business

Startup banks using AI to disrupt finance sector

The fintech arena is perhaps the fastest growing area of all digital disruption technologies. This is most notable with those firms offering artificial intelligence solutions that take on or support big banks.

Google Analytics aids workplace recruitment

Human resources professionals are making use of Google Analytics as a tool for recruitment. This is a reflection of the majority of hiring now being via digital channels and the need for employers to reflect the needs of potential hires.

French trucks block borders over east Europe competition

Paris - Hundreds of truckers blocked France's borders with Italy and Belgium on Tuesday, angry at EU rule changes that they say fail to protect them from low-cost eastern European competition.

Square is taking on the big cryptocurrency exchanges

-Square is running a trial that allows some users of its Cash App to buy and sell bitcoin. -A full roll-out of the trial could translate into $30 million in revenues for the company, according to Credit Suisse.

Buffett-backed BYD to open electric-truck plant in Canada

Ontario - BYD Co, the Chinese electric-vehicle maker backed by billionaire Warren Buffett, plans to open its first assembly plant in Ontario, Canada next year.

Victoria's Secret gala stumbles across the line in China

Shanghai - The glitzy Victoria's Secret fashion show stumbled across the finish line Monday night in its first-ever China staging after a run-up marred by setbacks and reports of political interference by Beijing.

Payformance Solutions aims at value-based reimbursement contracts

The nonprofit research organization Altarum has launched of a new venture called Payformance Solutions. This will be a provider of value-based reimbursement solutions and services for the healthcare sector.

US industry gears up to save NAFTA

Washington - The business world is mobilizing to convince the Trump administration to save the North American Free Trade Agreement, which corporate leaders say has greatly benefited the world's largest economy for 23 years.

Canada's Loblaws to close 22 stores, will start home delivery

Brampton - Loblaws is planning to close 22 stores which are unprofitable. At the same time it will begin an Internet-based home delivery service which will start in December.

Digital transformation of banking seeks out customers

A key element of digital transformation is with seeking out the customer rather than waiting for the customer to come to the instiution. This is part of a ‘go-to-market’ strategy, and a recent example is with Seacoast Bank.

New challenges for medical device manufacturers

The competitive and technologically driven medical device sector faces a different sort of disruption through a revised compliance standard. In 2019 the new version of ISO 13485 will become effective. This article looks at the impact.

Adding a signature to Twitter for the personal touch

To make Twitter more business friendly, as well as offering a general enhancement, the company lettrs, Inc has raised $3 million for an e-signature service for Twitter.

Murdoch's Fox in talks with multiple buyers for TV, film assets

New York - Shares in media-entertainment giant 21st Century Fox surged to seven-month highs Friday after news it has been holding talks with at least three potential buyers for some of its television and film operations.

Florida fruit growers sour over NAFTA

New York - With the fifth round of talks to renegotiate the North American Free Trade Agreement underway, Florida fruit and vegetable growers are pressing for changes.

Keystone Pipeline spill comes on eve of decision on Keystone XL

Amherst - After a drop in pressure was detected in its operating system in South Dakota, the Keystone Pipeline, operated by TransCanada, was shut down at 6:00 a.m. Thursday morning CST.

Y Combinator quietly stopped working with billionaire Peter Thiel

Peter Thiel, an influential investor who drew ire from many in the tech community due to his fervent support for President Donald Trump, has left his role at Y Combinator.

Airbnb raided by Japan fair trade watchdog, denies wrongdoing

Toukyo - Airbnb's offices in Japan have been raided by anti-monopoly officials, the homesharing giant said Friday, denying any wrongdoing and pledging cooperation.

Why shipping companies are investing in blockchain

A trend is developing with shipping companies in terms of seeing the advantages of blockchain technology. This boils down to blockchain having the potential to transform operations, leading to efficiency and profitability.

German giant Siemens plans to shed around 6,900 jobs

Munich - Siemens announced it will cut about 6,900 jobs or close to two percent of its global work force. Most cuts, about 6,100 will be made at the Power and Gas division and will happen before 2020.
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