If the new U.S. administration does not take heed, according to the executive chairman of CISCO, the U.S. is set to miss out on a $19 trillion opportunity and is lagging behind the rest of the world in its digital strategy. There is “tremendous opportunity” for taking advantage of the growth prospects of business and job…
General Motors Co and French automaker PSA Group are in talks that could result in PSA buying GM’s European auto operations and could be a move that could shake up the global auto industry, the companies announced recently. Vaulting it into second place in the region, ahead of French rival Renault SA and behind Germany’s…
After Toshiba Corp said that it may sell more of its prized flash-memory chip business than planned to urgently raise funds and would book a $6.3 billion hit to its U.S. nuclear unit, shares in the conglomerate tumbled sharply. In a decision that has investors questioning whether the company has a long-term future without the…
The Royal Bank of Scotland Group Plc is planning to eliminating jobs and closing branches as it seeks to bolster profitability as the global bank prepares to cut more than 1 billion pounds ($1.25 billion) of annual operating costs, according ot media reports citing a person with knowledge of the plans. Senior executives believe RBS has…
The problem of fake news prevails in the U.S. even though the presidential election is over. And it’s time to do something about it, Apple CEO Tim Cook said. “All of us technology companies need to create some tools that help diminish the volume of fake news,” Cook said in an interview with the Daily Telegraph…
With Trump abruptly setting aside campaign pledges to force Tokyo to pay more for U.S. defense aid, a new chapter in U.S.-Japan relations was opened up with a hug and a handshake between President Donald Trump and Japanese Prime Minister Shinzo Abe. During a day of talks at the White House and a flight together aboard Air Force…
Scientists say that while it’s nearly impossible to modify genes to boost your contentment, according to a researcher who carried out groundbreaking work in the area, a human’s level of happiness is linked to their genetic makeup. Meike Bartels described herself as a “scientist on a mission” in an interview with a TV channel at…
While exploring measures to fill gaps in emerging markets, the case for seeking members from the ranks of discount carriers is being reviewed by the Oneworld alliance, which includes British Airways and American Airlines. The group is evaluating steps to boost its presence in Africa, India and China and to low-cost operators that account for an…
Overshadowed by its neighbour Saudi Aramco, Qatar Petroleum is the hidden giant of the global energy industry. Yet the state-run company is allowed to pump more oil and gas than Rosneft PJSC or Exobb Mobil Corp due to the country’s colossal natural gas resources. The company needs to change tack after almost two decades of breakneck growth. As…
Posing a privacy risk to consumers are Internet-connected toys, including several children’s dolls, allege advocacy groups. The advocacy groups for children and consumers say that the parents often aren’t aware for this. Collection and use of personal information from children in violation of rules prohibiting unfair and deceptive practices is being done by two talking…
