BP Considering Radical Cut In Office Space Globally And Adopt Flexible Working

A radical change in the configuration of its offices is being planned by British Petroleum (BP). According to the plan, the oil and gas giant could reduce the properties its holds by almost 50 per cent by shifting about 50,000 employees towards remote working and flexible workplace layouts because of the novel coronavirus pandemic. According…

Investigation Into TikTok Being Opened By French Data Privacy Regulator

Following a complaint that it had been sent to it in May against the Chinese owned short video sharing app TikTok, the data privacy watchdog of France, CNIL said on Tuesday that it was initiating a preliminary investigations into the app and its activities and business practices. Data regulators in the United States, the European…

Separating TikTok’s U.S. operations from the rest within Sept. 15 timeline extremely challenging

According to sources familiar with Microsoft’s timeline to carve out TikTok’s U.S. operations from the rest will be a technically complex endeavor which could test the patience of the U.S. administration. While Microsoft has until September 15 to piece together a blueprint for an acquisition that safeguards the personal data of Americans stored on TikTok’s…

“Substantial Agreement” In Most Point In UK And Japan Trade Deal

“Substantial agreement” on most of the elements of a post-Brexit trade deal was reached between Britain and Japan earlier this week after two days of talks. It has been reported that during the talks, moves to restrict British farm exports was resisted by UK trade secretary Liz Truss. The elements of the trade deal between…

Germany’s industrial sector sees increase in production in coming 3 months: Ifo economic institute

On Friday, Germany’s Ifo economic institute stated, the country’s industrial sector, which ot battered due to the Wuhan coronavirus induced lockdown, expects an increase in production levels in the coming three months. “The industrial sector is continuing to work its way out of the trough in production,” said Ifo economist Klaus Wohlrabe following the publication…