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For many enterprises, digital transformation is a must, especially in terms of staying competitive and being efficien. But what about the environmental impact? How should businesses handle this aspect of corporate governance?

How cyber awareness can save your company

While businesses put in place software systems to protect their services, these systems can still breakdown if employees are not sufficiently cyber-aware. A new report outlines some important advice.

Exxon expected to announce layoffs in U.S. and Canada

Exxon is close to completing a workforce assessment for the United States and Canada, after which it will announce the number of people it needs to lay off in response to the crisis caused by the pandemic.

Goldman Sachs fined US$350 million in Hong Kong over 1MDB

Global financial titan Goldman Sachs was fined US$350 million by Hong Kong's securities watchdog on Thursday for its role in the massive 1MDB Malaysian bribery scandal, the latest in a growing list of global punishments the firm faces.

Saudis shun 'made in Turkey' as rivalry deepens

From pickled vine leaves to coffee and cheese, Saudi supermarkets are taking Turkish products off the shelves after calls for a boycott, as rivalry between Riyadh and Ankara heats up.

As oil prices dive, Iraqi Kurds seek to diversify economy

Iraq's Kurdish region has for decades lived off its oil wealth, but plummeting energy prices amid the pandemic and financial mismanagement are forcing locals to return to long abandoned farms.

Tennessee factory to become GM's 3rd electric vehicle plant

In a prepared statement Tuesday, General Motors announced plans to spend $2 billion to convert its Spring Hill, Tennessee, assembly plant into a third U.S. site to build future electric vehicles.

Are managers adequately supporting employees through COVID-19?

Coronavirus has disrupted the world of work. A new report finds that 84 percent of managers believe they are giving employees the support they need. However, the responses from employees are not necessarily in tune with this view.

Arrest warrants issued for founders of Panama Papers firm: report

Germany has issued international arrest warrants for the two founders of the firm at the centre of the tax haven scandal exposed by the Panama Papers data leak, German media reported.

SK Hynix to buy Intel's NAND memory chip business in $9bn deal

The world's second-largest chipmaker, South Korea's SK Hynix, is to buy Intel's flash memory chip operation in a deal worth $9 billion, it said Tuesday, as it seeks to bolster its position against Samsung.

Insurtech: Concentration among top 10 players is accelerating

A new report from Deloitte finds that Insurtech funding is nearly even with the levels of investment seen in 2019. However, within this coronavirus era growth, the concentration among top 10 players is accelerating.

Alibaba fintech arm gets nod for record IPO listing in Hong Kong

The financial arm of Chinese e-commerce titan Alibaba received Monday a green light from Chinese regulators to list in Hong Kong, according to data published online, another step towards the biggest IPO in history.

OPEC+ faces growing pressure to avoid another price decline

OPEC, Russia and allies, known as OPEC+, are reassessing a plan to ease output cuts after oil prices retreated once again on Friday amid concerns about a second wave of COVID-19 in Europe and a third wave in the U.S.

U.S. new jobless claims hit highest level since mid-August

The number of Americans seeking unemployment benefits rose last week by the most in two months, to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession.

BTS' management agency set to soar on stock market debut

Shares in the management agency of K-pop sensation BTS were expected to rocket on their stock market debut Thursday, making an instant multi-billionaire of its chairman and boosting the seven band members' own fortunes.

Apple ranks number one in Brand Intimacy COVID Study

Apple is ranked in top spot in MBLM’s latest Brand Intimacy COVID Study. The finding indicates the important role that that company plays for many consumers during the continuing pandemic.

Q&A: How technology aids Brexit and workforce planning Special

It is critical for employees and employers to know how Brexit will continue to affect the workforce and implement technology to help prepare for the changing landscape, explains a leading CSO.

Millions of Indians to get Diwali loans to boost battered economy

Millions of Indian public servants will be offered loans of around US$135 –- to be repaid over 10 months -- in a bid to boost spending and salvage the coronavirus-ravaged economy, the government said Monday.

U.S. employment rates show the extent of the red - blue divide

How well is the U.S. economy faring during the time of COVID-19? Such a question is of particular importance during election season. A series of reports demonstrate the variations in economic and social data.

Report: Businesses are experiencing endpoint security incidents

A new report finds that over two thirds of businesses have experienced a stark increase in endpoint and Internet of Things security incidents in past year. This shifted landscape requires new strategies.

Dollar makes a comeback as Cuba readies currency devaluation

The US dollar is making a comeback as the favored currency in communist-run Cuba as the country prepares to devalue the peso to relieve pressure on a battered economy.

Ford plant in Oakville, Ontario gets some help from its friends

Prime Minister Justin Trudeau and Ontario Premier Doug Ford are rolling out half a billion dollars as part of a nearly $2-billion plan to overhaul Ford’s Oakville assembly plant to manufacture electric vehicles and batteries.

Digital security for supply chains to battle counterfeiters

The level of counterfeit goods continues to rise and the landscape has been easier for counterfeiters during the height of coronavirus. One way to reduce these risks is through enhanced container security and blockchain.

Ruby Tuesday files for bankruptcy — the latest casualty of virus

Ruby Tuesday Inc., the struggling casual restaurant chain, filed for bankruptcy Wednesday, partly blaming the "unprecedented impact" of the coronavirus pandemic.

Ordinary investors offer $50 billion for BTS label shares

Ordinary South Koreans rushed to pour more than $50 billion into the initial public offering for the management agency of K-pop sensation BTS, sale organisers said after it closed Tuesday.

Brazil GDP decline set for less than feared at 5.8 percent: IMF

Brazil's economy is set to shrink by 5.8 percent in 2020, the International Monetary Fund said Monday, revising up an earlier forecast but warning the country faced "excpetionally high" risks."The economy is projected to shrink by 5.

Why the digitization of operational processes needs 5G Special

5G has become an integral part of digital transformation strategies for many companies. As some firms strive forwards, those without business tactics centered on 5G will see themselves lagging behind. An expert explains more.

Mexico unveils $14 bn investment plan to boost economy

Mexico announced Monday a $14 billion investment plan in cooperation with the private sector to boost the pandemic-stricken economy through infrastructure projects.

Improving mobile advertisers ROI, through elimination of fraud Special

What is the best strategy for ad fraud prevention on mobile advertising? A new a partnership between Altrooz, and TrafficGuard could be a solution, involving the application of machine learning.

Q&A: Consumer and business outlooks since COVID-19 Special

Many businesses are facing uncertainty and across many sectors the outlook is bleak. One reason for this is due to low levels of consumer confidence. But is this so for all sectors, and how will things unfold? An expert from Experian weighs in.

Warning: Financial Services remain a target for cyberattacks

Accenture have issued a new report looking at the threats faced by financial services from various cyber-threats. Among the risks are deepfakes, cloud vulnerabilities, and a new threat aimed at emergent 5G technology.

What lessons can be learned from the Snowflake IPO? Special

Snowflake’s huge IPO is a huge lesson for entrepreneurs, given the huge success associated with the company flotation and as an example of how a digital-led business got it right.

UK expats count Brexit impact as banks shut accounts

For Roger Morton and his wife living in France -- and many other UK expats across the European Union -- Brexit is causing the closure of their British banking services.

Ailing Canadian aviation industry calls on Trudeau for aid

Major Canadian labor unions on Thursday said the aviation sector would suffer permanent damage unless Ottawa provided a C$7 billion ($5.3 billion) 10-year low-interest loan to offset the effects of the coronavirus outbreak, which has slashed travel.

Airlines looking at furloughs, layoffs as stimulus talks stall

The fate of close to 32,000 airline industry employees rests today on whether Congress can make a deal to bail out the nation's airlines. The proposed layoffs come on top of the elimination of tens of thousands of jobs in the industry this summer.

Pandemic pushes millions of shoppers online in Latin America

Latin America's e-commerce industry is booming as millions of shoppers across the region venture online during the pandemic, many for the first time, forcing traditional businesses to adapt to survive.

Why and how organizations need to optimize Wi-Fi

Many types of businesses are seeing the advantages of Wi-Fi technology as an enabler for the Industrial Internet of Things. The advent of W-Fi 6 will improve speed, increase efficiency and reduce congestion in heavy bandwidth usage scenarios.

Brazil jobless rate hits record 13.8%

Brazil's unemployment rate hit a record 13.8 percent from May to July as Latin America's biggest economy suffered the impact of the coronavirus pandemic, according to official figures released Wednesday.

Germany mulls law to fight labour abuses abroad

When German carmakers seek cobalt from Congolese mines or when a chocolatier sources cocoa beans from Ghana, they may soon no longer be able to hide behind their suppliers if it turns out that the producers are using child labour or flouting environmen...

Europe is set to drive the global economic recovery Special

With some 300 days of the pandemic behind us, the 2021 economy is starting to look extremely different according and Bill Koefoed, CFO of OneStream Software. Of great interest is the European dimension, he tells Digital Journal.

OPEC turns 60 at 'critical moment' for virus-hit oil

OPEC faces a critical moment in its 60-year history with the coronavirus crushing crude demand and prices, discord among its members, and threats from a world seeking cleaner fuels.
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