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Policy Analysts Say The US Economy Would Be Damaged By A Trade War With Europe

The European Union has replied it would retaliate against any form of sanctions in response to President Donald Trump's tough stance on international trade.   After Trump declared intentions to limit steel imports to protect domestic steel companies, there was rise of the contentious...

As Meat, Dairy And Wheat Climb, Global Food Prices Around Two-Year High In June

Fueled by higher prices for wheat, meats and dairy products such as butter, international food prices soared to around two-year highs during June.   According to data released Thursday by a United Nations agency, the gains have outpaced most other major food commodity groups and global meat...

M&A Of More Payments Processors Can Happen For Growth As Customers Get 'Sticky'

A $10 billion combination of two back-office processors whose roots date to the 1970s might seem unusual in the world of financial technology, where startups are the focus of M&A chatter.   But bankers and analysts said that some of the legacy players are more interested in buying one...

Even If It Eats Their Own Lunch, Companies Must Invest In New Technologies, Say Experts

A panel of experts say that even if they cannibalize their legacy operations, companies looking to grow should not shy away from adopting new, emerging technologies.   Sometimes spurring the decline or demise of traditional businesses and changing the way users today interact with technology...

Big Changes For Auto Parts Suppliers Being Signaled By High-Tech Dashboards

As the electronics holding automotive cockpits all together have become a rat's nest of components made by different parts makers, they become crammed with ever more digital features such as navigation and entertainment systems.   And as the industry accelerates toward a so-called virtual...

Health-Care Is Facing 'Huge Disruption', Says Teva Pharmaceutical CEO

As technology heavyweights jostle for consumers with traditional providers, the chief executive of a major pharmaceutical company believes that the global health-care industry faces a "huge disruption".   Digital disruption is an enabler for health-care and pharmaceutical companies to serve...

Investor Says A 'Healthy Sign' Is China's Checks On Big Overseas Acquirers

A healthy sign of political will and how regulators are getting on top of things is reflected by an ongoing probe into several of China's largest overseas asset buyers, said an investor on Tuesday.   Amid a government crackdown on money laundering ahead of the 19th party congress...

Trump Lauds Strong Ties But Urges India PM Modi To Ease Barriers For US Exports

During talks in which both leaders took great pains to stress the importance of a strong U.S.-Indian relationship, U.S. President Donald Trump urged Indian Prime Minister Narendra Modi to do more to relax Indian trade barriers.   Trump and Modi appeared to get along well at a closely watched...

Russian Demands To Share Cyber Secrets Acceded To By Western Tech Firms Under Pressure

At a time when Russia has been accused of a growing number of cyber attacks on the West, demands by Moscow for access to closely guarded product security secrets are being acceded to by western technology companies, including Cisco, IBM and SAP, reports Reuters.    Before...

Amazon Would Be Given An Unfair Advantage By The Whole Foods Deal, Say Critics

While some critics say that Amazon.com Inc's bid for Whole Foods Market Inc should be blocked because it gives the online retailer a nearly unstoppable head start toward domination of online grocery delivery, there are other antitrust experts expect the deal to win regulatory approval.   The...

In Order To Lock Up Memory Chip Supply, Firms Scramble As iPhone 8 Looms

A global squeeze on supply of memory chips is threatened to be worsened as production lines are attempted to be kept running as Apple Inc's new iPhone 8 launch later this year and global electronics makers are scrambling to stock up on memory chips.   Industry sources and analysts say some...

Report Says If Climate Targets Reached, Oil Firms Could Waste Trillions

A think tank says that if international climate targets are to be met, there is risk that spending of more than a third of their budgets on oil and gas projects will not be feasible by 2025 for oil giants that include Exxon Mobil and Royal Dutch Shell.   According to a report by the Carbon...
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