User: newstrust Topic: Business
Category: Global Economy :: Trade
Last updated: Dec 17 2017 09:09 IST RSS 2.0
 
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Relax, the Dodgers' trade for Matt Kemp isn't nearly as dramatic as it seems 17.12.2017 LA Times: Commentary

All I want for Christmas is … Matt Kemp?

Three years after he was controversially dumped in the first big trade of the Andrew Friedman era, the polarizing slugger returned Saturday in a deal seemingly even more confusing when considering the cost.

To acquire him, the Dodgers traded four players...

China, U.K. pledge closer economic ties 16.12.2017 Hindu: Home
China and Britain have vowed to continue and strengthen cooperation on a wide range of economic, financial and trade issues, including speeding the introduction of a London-Shanghai stock connect prog...
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Behind bitcoin boom, Japanese retail investors pile in 16.12.2017 Hindu: International
Traders in Japan said to account for up to half of trade in cryptocurrency as volatility creates arbitrage opportunities; many see boom has further to go despite talk of bubble
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China, Britain pledge cooperation as UK leaves EU 16.12.2017 Washington Post: World
Britain and China pledged Saturday to promote London as a center for offshore use of Beijing’s currency and cooperate in clean energy research and promoting trade as the United Kingdom prepares to leave the European Union.
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China, Britain pledge cooperation as UK leaves EU 16.12.2017 Hindu: International
British leaders are looking to China for trade and investment as they try to fashion a new global role and offset reduced access to the other 27 nations of the European common market.
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Uber accused of espionage, bribery and hacking by former employee 16.12.2017 techCrunch
 The $1.86 billion legal battle between ride-hailing giant Uber and Alphabet’s self-driving unit Waymo reached a pivotal moment today as the judge in the case released a damning letter based on the account of a former Uber employee. The allegations say that a special division within the company was responsible for acts of corporate espionage, the theft of trade secrets, the bribery of… Read ...
Trump promised his ‘America First’ policies would keep jobs here. The tax plan might push them overseas. 16.12.2017 Washington Post
Trump promised his ‘America First’ policies would keep jobs here. The tax plan might push them overseas.
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Coinbase wants Wall Street to resolve its bitcoin trust issues 16.12.2017 SFGate: Business & Technology
A cheer went up in the San Francisco offices of cryptocurrency exchange Coinbase when bitcoin breached $10,000 in November. But the 225-employee startup has a goal beyond price. The company wants to use digital money to reinvent finance. In Coinbase’s version of the future, loans, venture capital, money transfers, accounts receivable and stock trading can all be done with electronic currency, using Coinbase instead of banks. But first, Coinbase, already popular with individual traders, needs to legitimize itself — and bring in revenue — by persuading big money managers to trust it enough to trade on its exchange.
UPS bets on blockchain as the future of the trillion-dollar shipping industry 16.12.2017 techCrunch
 Freight and logistics in the U.S. alone account for nearly $1.5 trillion annually. As the world’s economies scale up, that number is only expected to increase. The industry, however, is not prepared for growth, as it sits on top of an infrastructure prone to systematic inefficiencies and rampant fraud. However, disruption is coming in the form of blockchain technology. Read ...
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America’s chaotic, crazy, challenging, great, tumultuous, horrible, disappointing year 15.12.2017 Washington Post: Op-Eds
A look back at the ups and downs of public opinion in 2017.
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Best theater in 2017: Our critic's top picks, including Midler, Metcalf and Bruuuuce 15.12.2017 LA Times: Commentary

The power of individual performers redeemed 2017, a theatrical year overrun with flotsam and jetsam but one that at least gave us Bette Midler and Bruce Springsteen in unforgettable form on Broadway.

Star charisma is nothing to be sneezed at. But how rare it is when actors and singers find roles...

Britain's finance minister in China to promote trade 15.12.2017 AP Business
BEIJING (AP) -- Britain's finance minister told the Chinese premier there are "many opportunities" for closer commercial ties as he started a visit Friday aimed at developing trade as the United Kingdom prepares to leave the European Union....
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Brexit steals some of Britain's Christmas cheer 15.12.2017 AP Business
VILLEVENARD, France (AP) -- Frederic Berthelot has eight hectares (20 acres) of vines on the slopes above this tiny village in France's Champagne region, his vineyard distinguishable from others in the area by the tiny rose bushes planted at the base of each vine....
Angry about the slave trade in Libya? Spare some anger for Europe. 15.12.2017 Washington Post: Op-Eds
Angry about the slave trade in Libya? Spare some anger for Europe.
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Brazil president postpones SE Asia trip after minor surgery 15.12.2017 Washington Post: World
Brazilian President Michel Temer is postponing a trip he had scheduled for next month to Southeast Asia following minor surgery for a narrowing of his urethra, his office announced Thursday.
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U.S. criminal probe is latest in string of bad news for Uber 15.12.2017 Washington Post
U.S. criminal probe is latest in string of bad news for Uber
Largest generic drugmaker Teva to cut 14,000 workers worldwide 15.12.2017 LA Times: Commentary

Teva Pharmaceutical Industries Ltd., the world's largest generic drug maker, on Thursday said it would lay off over a quarter of its workforce as part of a global restructuring meant to salvage its ailing business.

The company said 14,000 workers would be let go. The cuts will be scattered across...

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Ivory sales in China finally end this month. But elephants aren’t yet safe. 15.12.2017 Washington Post: World
As carvers lament the end of an era, the battle to end poaching is far from over. 
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No Paris climate accord? No problem, bloc of states says 14.12.2017 AP National
HAMPTON, N.H. (AP) -- Since President Donald Trump vowed this summer to pull the United States out of an international climate accord, states looking to tackle carbon pollution have been forced to go it alone....
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Doubting the intelligence, Trump pursues Putin and leaves a Russian threat unchecked 14.12.2017 Washington Post
Doubting the intelligence, Trump pursues Putin and leaves a Russian threat unchecked
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