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Friday, December 1, 2017

Chinese drone maker denies giving data to government


Chinese drone maker denies giving data to government



The Chinese company that is the world's biggest maker of commercial drones is denying claims in a U.S. government document circulated online that it might be giving Beijing information about American law enforcement and utility companies.

China criticizes US opposition to market status


China criticizes US opposition to market status



The Chinese government has criticized U.S. opposition to granting Beijing market economy status in the World Trade Organization as reminiscent of the Cold War.

Morrisons data leak: Supermarket liable for staff details breach

Thousands of current and former employees claim the supermarket failed to keep their data safe.

from BBC News - Business http://ift.tt/2BDwf0b

Markets ignore best European factory data in 17 years

LONDON (Reuters) - European shares traded lower on Friday despite strong euro zone factory data, after a delay to a keenly awaited U.S. tax reform bill dented Asian trading and curbed appetite for the dollar.


from Reuters: Business News http://ift.tt/2AjQ9yX

Beauty contest: China make-up brands rein in South Korea rivals

SEOUL/SHANGHAI(Reuters) - As a diplomatic spat between Beijing and Seoul raged this year, many South Koreans felt decidedly unwelcome in China. South Korean businesses were shunned, K-pop concerts were canceled and tourist trade dried up.


from Reuters: Business News http://ift.tt/2Aj6XpV

Royal Bank of Scotland to cut jobs, close branches


Royal Bank of Scotland to cut jobs, close branches



Taxpayer-owned Royal Bank of Scotland says it will eliminate hundreds of jobs and close 259 branches as more customers shift their banking online.

Mitsubishi Cable head quits over data falsification scandal

TOKYO (Reuters) - The head of Mitsubishi Cable Industries Ltd has stepped down following the firm's admission last week that it had manipulated inspection data of rubber sealing products.


from Reuters: Business News http://ift.tt/2keOLYj

Petrol and diesel prices hit highest since 2022

The cost of filling up a vehicle has rebounded, according to the RAC, as oil prices remain elevated. from BBC News https://ift.tt/rlLS8DK