Tag Archives: Business/Finance

16Apr/17

China’s Alibaba to build cyber Silk Road by creating global e-commerce platforms

China Central Television (CCTV) – China’s e-commerce giant Alibaba Group has been developing cross-border e-commerce platforms in countries along the Silk Road Economic Belt and the 21st-Century Maritime Silk Road, promoting the idea of building a “cyber Silk Road”.
Continue reading

12Apr/17

Inflation almost completely gnaws away the growth in pay of British workers during the three months to February

Inflation gnaws at the growth in pay of British workers during the three months to February, evidence that households are feeling the strain of rising prices as Brexit negotiations begin.
Continue reading

10Apr/17

Bank of England says won’t publish Libor details until fraud probe over

The BBC releases a recording of an October 2008 phone call between two bankers at Barclays in which one said he was under “serious pressure” from the Bank of England to set an artificially low rate for Libor, an inter-bank borrowing rate.

Continue reading

03Apr/17

Credit Suisse takes out newspaper ads after raids

Credit Suisse has taken out adverts in British Sunday newspapers stressing a zero-tolerance policy on tax evasion, as the Swiss bank tries to limit any damage to its reputation from raids on three of its offices. Ciara Lee reports. Continue reading

03Apr/17

Mobileye founder’s vision for other company

Fresh off the $15 billion sale of his autonomous vehicle technology firm Mobileye to Intel, Amnon Shashua’s next start-up, OrCam, uses similar computer vision technology to help the visually impaired. Laura Frykberg reports Continue reading