Businesses can build trust with consumers by unlocking data about their practices
May 29, 2020 14:07 pm UTC| Business
Recent public demonstrations against climate change, human rights violations and industry practices that harm the environment reveal a growing public desire to participate in discussions about sustainability, safety and...

Car dealerships are reopening but the pivot to online sales has begun
May 29, 2020 13:56 pm UTC| Business
Car dealerships are among the next establishments to reopen in England from June 1. Its welcome news to an industry that suffered an enormous drop in sales following the nationwide lockdown that started on March 30. New...

Digital-only local newspapers will struggle to serve the communities that need them most
May 29, 2020 13:37 pm UTC| Business
This week News Corp Australia announced the end of the print editions of 112 suburban and regional mastheads about one-fifth of all of Australias local newspapers. Of those, 36 will close and 76 become purely online...

Hyundai Mobis to Increase R&D Investments by 3.6%
May 29, 2020 13:27 pm UTC| Business
Hyundai Mobis Company will invest 1 trillion won more on research and development in 2020 to boost future revenues. The South Korean auto parts manufacturer will undertake 2,000 RD projects involving next-generation...

Goldman Sachs Dismisses Cyrtocurrency as Unsuitable for Investment
May 29, 2020 13:27 pm UTC| Business Digital Currency
Goldman Sachs blasted bitcoin and other cryptocurrencies as unsuitable investments for its clients in its report. In its report, Goldman Sachs compared bitcoins to the tulip mania of the 1600s in the Netherlands, one of...

China's HNA Group Faces Another Liquidation Petition as Debts Mount
May 29, 2020 13:26 pm UTC| Business
Panama-based shipping company China Joy Shipping has filed another wind-up petition against embattled Chinese conglomerate HNA Group whose debts are mounting with its aviation business hit hard by the...

GE to Exit Lighting Business to Focus on Core Products
May 29, 2020 13:25 pm UTC| Business
General Electric will sell its lighting business to Savant Systems, a Massachusetts tech firm specializing in smart homes. The two companies have signed an agreement but are yet to complete the transaction, which is...