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The construction sector is increasingly reliant upon digital data in order to make informed decisions about capital projects. Concerns have been flagged, in a new report, about the reliability of this data.

US banks must consider climate risk: Fed's Powell

Risk from severe weather events is not usually linked to banks but increasingly must be included in their planning, the US central bank chief said Wednesday.

Q&A: Organizations are still struggling to comply with GDPR Special

Data governance oversight helps businesses avoid penalization and keep customer trust. In the wake of GDPR and moves within the U.S. for new legislation, businesses need to put in place better compliance measures.

China says US trade issues are 'definitely' resolvable

China said Thursday that the thorny trade issues plaguing relations with the United States are resolvable after fractious talks between the economic giants were kickstarted by the Trump-Xi meeting in Japan.

Last ever VW Beetle model rolls off Mexican production line

German auto giant Volkswagen launched the final edition of its iconic "Beetle" car from its Mexican factory on Wednesday at a ceremony accompanied by a Mariachi band.

Digital twins: Redesigning logistics, creating new efficiencies

Many logistics companies are tuning to virtual and augmented reality processes in order to improve the design and efficiency of the supply chain. A new DHL report outlines several options as companies look at this digital transformation tech.

World's biggest chemical company slashes earnings forecast

The world's largest chemical producer, BASF SE, fired a warning shot across industries, saying slowing markets from cars to crops and the impact of the U.S.-China trade war threaten to cut profits by 30 percent this year.

Journalism students advised to look beyond traditional media

Professors are warning students of journalism that their skills are increasingly in short demand and they should set their horizons on job roles outside of the traditional news media.

Boeing loses $5.9 billion 737 Max order to Airbus

On Sunday, Boeing officially lost its first order to European rival Airbus in the aftermath of two deadly 737 Max crashes and the subsequent grounding of the plane by global regulators. Some analysts think this cancellation won't be the last.

How Canada’s adult use legalization has affected patients

One in four respondents to a recent survey of Canadian medical cannabis patients say that access has become more difficult since the country legalized adult-use marijuana in 2018.

British Columbia's forestry sector fighting for survival

British Columbia's forest industry started out 2019 with several temporary closures of sawmills for between one and six weeks. Six months later, about 20 temporary (and a few permanent) closures are having a direct effect on employees and communities.

In the June quarter Samsung profits fall by more than half

Samsung Electronics, South Korea's largest business saw its quarterly profit more than cut in half after a world-wide industry downturn plus trade tensions cut demand both for its chips and high-end smartphones.

Q&A: How businesses can strategize email management better Special

It's estimate there are 269 billion emails sent every day, signalling that this workplace tool isn’t going away anytime soon despite the rise of apps like Slack. How can businesses create a productive way to simplify tasks completed via email?

Workers are starting to embrace digital transformation

Greater numbers of workers are becoming accepting of digital transformation, according to a new survey. The survey relates to the staff employed by businesses, of different, sizes, located in the U.K.

Professional and business services lead U.S. jobs growth

The U.S. labor market has shown an upswing, based on the latest data released for June 2019. Fueling the growth curve are new positions in professional and business services, followed by healthcare, transportation and warehousing.

Amazon's investment into Deliveroo hits antitrust snag

Amazon's investment in British food delivery unicorn Deliveroo has been put on hold by Britain's competition regulator, the Competition and Markets Authority.

Q&A: Digital transformation and chatbots for customer services Special

Chatbots are becoming increasingly common for customer services. This means standing out important. With so much of the Internet’s content produced by bots, how can retailers ensure they are sharing content that will create individualized experiences?

Q&A: Understanding speech analytics: What do customers want? Special

How can businesses keep the customer satisfied? It takes a mix of customer journey insight, surveys and measurement, an omni-channel experience, augmented reality and virtual reality tech according to Jeff Gallino, of CallMiner

Chatbots are revolutionizing retail: Interview Special

The rise in chatbot use is just one example of the AI revolution online retailers are facing. A key consideration that retailers face is using the technology to create individualized experiences to retain customers and drive sales.

Facebook requested to put cryptocurrency Libra on hold

Facebook has been requested by members of the U.S. House of Representatives to put the brakes on its cryptocurrency project Libra. This is due to concerns about the impact upon the global financial system.

Trump accuses China, Europe of currency manipulation, stimulus

US President Donald Trump on Wednesday accused China and Europe of deliberately weakening their currencies and stimulating their economies to gain competitive advantages over the United States.

Q&A: State of Independence — changing forms of U.S. employment Special

There are 41.1 million U.S. citizens who work independently. Research from MBO predicts that in the next 5 years, more than half of U.S. adults will be or have been an independent worker. What's driving this change?

Nigeria says will sign landmark Africa free trade pact

Nigerian President Muhammadu Buhari will sign a landmark deal to scrap trade tariffs among African countries at an upcoming summit of the continent's leaders, his office said.

Automated forklifts elevate firms' profit hopes

A forklift winds its way through the cavernous warehouse in search of a pallet, which it then ferries to a truck, crossing along its way other forklifts and then the driver ... oh wait, there is no driver.

IMF's Lagarde 'honored' to be tapped to head European Central Bank

International Monetary Fund chief Christine Lagarde on Tuesday announced she would step down "temporarily" from the global crisis lender after being nominated to lead the European Central Bank.

Major coal company files for bankruptcy - over 1,000 jobs at risk

A major U.S. coal company filed for bankruptcy Monday, putting more than 1,000 jobs across three states at risk, making this the second coal producer to file for bankruptcy in the past two weeks.

Q&A: How marketers can re-energize data processes in firms Special

Many organizations are sitting on a treasure trove of data and they don’t have the processes in place to use it to the fullest potential. Cat Luga from Cognetik explains how such data can be used to improve marketing.

M-Files makes Microsoft Office 365 single point of access

Technology firm M-Files gas announced the general availability of new enhancements to its Microsoft Office 365 solution, including compliance and governance features for businesses.

Q&A: FlatRate launches world’s first all-in-one moving app Special

FlatRate Moving, one of New York City's largest moving companies, has launched the “My FlatRate” app, which enables customers to book and manage the entire process of residential moving and storage through the convenience of their smartphone.

US proposes tariffs on EU cheese, pork and whiskey

The United States on Monday proposed $4 billion in tariffs on a range of European Union products -- including parmesan cheese and Scotch and Irish whiskey -- over subsidies for commercial aircraft.

OPEC extends oil output cuts after Moscow-Riyadh pact

OPEC agreed Monday to extend by nine months daily oil output cuts aimed at supporting prices and soaking up excess supplies, following last weekend's G20 pact between cartel kingpin Saudi Arabia and non-member Russia.

Q&A: Why AI is booming, but failing marketers Special

Many enterprises are relying upon the generic website, email or sales funnel for every single B2B interaction, where they could be harnessing the potential that AI solutions hold. David Brutman of Folloze outlines how.

Banking: Customers prefer a machine to a human teller

New data shows that more dramatic change is to be expected in banking and financial services. Marqeta, a card issuing platform, has found that customers would rather interact with a machine than with a human teller.

Paris introduces rent controls to cap rises

Paris authorities reintroduced rent controls on Monday in a bid to get a grip on the spiralling cost of living in the City of Light.

Going digital: How Toys ‘R’ Us is rising from the grave

At one time Toys ‘R’ Us were everywhere, as the physical store dominated shopping malls. Then things went wrong, as specialist stores were hit by e-commerce. Now the retailer itself is finding a second lease of life online.

Q&A: As creepy new deepfakes emerge, should brands worry? Special

Bill Bronske, from Globant, discusses the good, the bad and the ugly that comes from using deepfake technology. Bronske has been at the forefront of developing AI-driven technologies that are helping the public and private sector identify deepfakes.

Q&A: How effective is Slack for workplace productivity? Special

Slack is closing in on six million daily users. However, some businesses have been questioning Slack’s effectiveness on workplace productivity — and there are alternatives, according to Philipp Weiser of AnyDesk.

Trade deal with EU huge boost for South American bloc

The historic trade agreement signed Friday in Brussels is a massive shot in the arm for the four-nation South American bloc known as Mercosur.

Data breach at cloud solution provider PCM

Cloud provider PCM has been hacked with customer information stolen in relation to a gift card scam. The hack happened in May 2019, although it has just been revealed after being flagged by KrebsOnSecurity.

Word of mouth drives new customers: Report

New findings indicate that word-of-mouth recommendations are still crucial for retailers in building initial trust and credibility with new customers. Understanding this is important for developing a retail strategy.

Op-Ed: Last US television assembly plant may close due to tariffs

Tariffs imposed by Trump threaten to drive the last remaining television assembly plant in the US out of business. Element Electronics based in South Carolina assembles TVs for Walmart with components from China.
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