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Bangladesh turns 50 this week as an economic success story but also an increasingly repressive de facto one-party state where a cartoon or Facebook post can land you in jail, or worse.A.B.M. Shamsuddin has been a major beneficiary of the boom.

Automakers hit hard by global semiconductor chip shortage

General Motors extended production cuts in North America on Wednesday due to a worldwide semiconductor chip shortage. Adding to the bad news, it was learned that chip-maker Renesas Electronics may be down for months due to a fire last week.

Yellen defends IMF reserve increase aimed at poor nations

US Treasury Secretary Janet Yellen on Wednesday defended the IMF's move to boost its reserve offerings, calling the increased aid a "joint effort" to help the poorest nations hit by Covid-19.

Canadian prairie provinces to lead in renewable energy growth

Canada's Prairie Provinces will lead the country's growth in renewable energy capacity over the next three years, says a new report by the Canada Energy Regulator (CER).

Ikea goes on trial in France for spying on staff

The French branch of Swedish retailing giant Ikea went on trial Monday accused of running an elaborate system to spy on staff and job applicants using private detectives and police officers.

Ikea France goes on trial for spying on staff

The French branch of Swedish retailing giant Ikea goes on trial Monday accused of running an elaborate system to spy on staff and job applicants using private detectives and police officers.

China crackdown cuts Big Tech down to size

Tighter regulations, billions in lost overseas share value and government pledges to get even tougher -- Chinese tech giants are reeling under what looks like a sustained Big Brother assault on innovation and enterprise.

AstraZeneca's Pascal Soriot: the man behind the vaccine

Pascal Soriot has led the charge to make AstraZeneca one of the first pharmaceutical companies in the world to produce a vaccine against Covid-19.

Brazil hikes interest rate, eying inflation

Brazil's central bank raised its benchmark interest rate Wednesday by a larger-than-expected 0.75 point to 2.75 percent, as rising inflation forced it to reverse its pandemic stimulus stance.

Oil demand to reach record by 2026: IEA

Global oil demand will return to pre-pandemic levels in two years and reach record heights by 2026 unless governments take swift action to meet climate goals, the International Energy Agency said Wednesday.

Fed faces 'balancing act' between inflation, faster growth

The Federal Reserve has made it clear it is too soon to think about pulling back on stimulus for the pandemic-battered economy, but finds itself stuck between an improving outlook and inflation fears.

How much will trust matter for future AI developments?

New data relating to mistrust for customer services technology suggests that distrust is bleeding into everyday life, with a sizable number of people preferring face-to-face interactions with another person rather than an automated service.

Q&A: The sophisticated consumer and need for adaption Special

Signs are that consumers are seeking a better experience and better services. For businesses to respond, the answers need to be grounded in advanced analytics and AI. A new report presents the latest trends.

Workplace reform needed to encourage women into the tech sector Special

How has the role of women working in the technology field changed? Has the sector become more representative? Also, what do women in the sector think they can contribute? Two leading women in tech provide some answers.

'Markets be damned!': Fed standing firm on inflation fears

Skittish investors have see-sawed between celebration about the expected US economic recovery and nail-biting over a possible price spiral, but the Federal Reserve is standing firm on keeping interest rates low.

LG Energy is investing $4.5 billion in U.S. battery production

South Korea’s LG Energy Solution plans to invest more than $4.5 billion in its U.S. battery production business over the next four years, including plans to build at least two new plants, a senior executive said on Thursday.

Bitcoin passes $60,000 for first time

Bitcoin passed the $60,000 mark for the first time on Saturday, with analysts saying the giant US stimulus package helped boost the world's most popular virtual currency on its record-breaking run.

CEO of China's Ant Group steps down

The chief executive of Chinese fintech giant Ant Group has stepped down for "personal reasons", a spokesperson from the Alibaba-affiliated online payment provider said Friday, amid growing regulatory scrutiny.

Most Asia markets track Wall St record as Biden signs stimulus

Asian markets mostly rose Friday following more records in New York and Wall Street after Joe Biden finally signed his enormous stimulus into law, while fears over inflation and a possible interest rate hike subsided for now.

Measures for healthcare to take to resist ransomware Special

Under the time of the pandemic many businesses and systems are vulnerable. As an example, ransomware attacks targeting healthcare organizations are a growing threat to hospitals and patients

Spain declares delivery riders to be staff, in EU first

Spain's government announced Thursday a deal that will recognise riders working for delivery firms such as Deliveroo and UberEats as salaried staff following complaints about their working conditions -- a first in the EU.

Women in tech: Top executives explain why addressing bias matters Special

There remains a gender gap in the technology world. This refers to the difference between the number of women and men and their rates of pay, drawing on issues that reflect social, political, and cultural attitudes.

Businesses need to start to understand the changing customer Special

It is ever more apparent that consumer attitudes and behaviors are shaping the future of retail. To add to this, considerable disruption has taken place in retail as a result of the pandemic, businesses must be up to speed on what customers want now.

A year after crash, markets boom but bust fears loom

A year ago, stock markets went into free-fall as the scale of the coronavirus crisis became apparent and countries desperately locked down to try to halt the pandemic.

UAE now among world's top 10 tax havens: NGO

The UAE has entered the world's top ten tax havens for the first time, research showed Tuesday, in a report flagging OECD nations and their dependencies for more than two-thirds of "global corporate tax abuse".

Q&A: What is it really like for women in tech? Special

Women’s History Month includes a focus on women in technology. To mark this, Digital Journal receives important advice for women looking to forge a path in the tech industry from two women who have made it.

UK sets out road map to top the global fintech league Special

The British government is seeking to revitalize the fintech sector. The plans include introducing a new ‘fintech scale up’ visa route and putting in place a so-called a ‘scale box’, intended to provide regulatory support and guidance.

Top Japanese banker sounds alarm over Hong Kong freedoms

China's crackdown in Hong Kong has left Japanese finance firms "very much afraid" and reconsidering whether to remain in the city, a senior banker said Monday in a rare public declaration of concern from within the industry.

Markets look to ECB for reassurance on cheap money

The European Central Bank is on Thursday expected to stress its commitment to keeping borrowing costs low, as inflation concerns and a slow vaccination drive weigh on the eurozone economy.

AI can help Google and Amazon detect unconscious bias

A new type of artificial intelligence solution has been designed to accurately detect unconscious bias in the workplace. This type of technology is being looked at by human resources departments in big companies.

The future direction of underwriting means more digital data

Like many professions, underwriting has been disrupted by the pandemic. Underwriting remains of economic importance, evaluating the future performance of property. Yet to meet the new challenges, the profession needs to turn to digital data.

China exports spike to highest in decades after Covid-19 hit

China's export growth jumped to the highest in over two decades, official data showed Sunday, with imports also surging in a sharp bounceback from the coronavirus outbreak that had brought activity to a near halt.

Six utilities collaborating to build 16-state EV charging network

Six major utilities on Tuesday announced a plan to provide electric vehicle (EV) drivers with a "seamless network" of direct current fast charging (DCFC) stations connecting major highways in the South, Midwest, Gulf, and Central Plains regions.

Op-Ed: Bitcoin hits the fan? Digital Chinese yuan incoming

A Chinese initiative to create a digital version of its basic yuan currency unit could be a big hit for Bitcoin. It’s also a strategic move which could make the Chinese currency the world leader.

Lufthansa posts record annual loss, sees long recovery

German flag carrier Lufthansa said Thursday it lost a record 6.7 billion euros ($8.1 billion) in 2020, as the coronavirus pandemic wiped out demand for travel and left aircraft grounded.

Brazil ends new 'lost decade' with GDP drop of 4.1% in 2020

Brazil's economy shrank 4.1 percent in 2020, officials said Wednesday, closing out what analysts called another "lost decade" for Latin America's biggest economy with a year badly disrupted by the coronavirus pandemic.

Q&A: A unique look behind Experian DataLabs activities Special

Businesses need to see data as 'the new gold', the essential aspect that will enable expansion. To draw meaningful inferences from data, businesses need to embrace data science and supportive technologies.

Op-Ed: Mexico being pressured to drop glyphosate ban by Bayer and U.S.

Internal government emails reveal Monsanto owner Bayer AG and industry lobbyist CropLife America have been working closely with US officials to pressure Mexico into abandoning its intended ban on glyphosate, the key ingredient in Monsanto's Roundup.

Managed services help businesses meet new cyber challenges

There is a trend among small to medium sized businesses to turn towards managed service providers help to transition to the return to office and to combat the growing menace of cyberattacks.

New digital platform aims to help mothers to keep fit

For years expectant mothers, and mother who have recently given birth, have been poorly served in the fitness market. A new scale-up aims to address this gap, by offering a new, curated digital presence.

A look at three women in finance

Women in the US finance industry applaud signs of progress at financial giants like Citigroup, which became the first big Wall Street bank to name a female chief executive.
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