Search Results for: Hang Seng
Europe, Brexit and the credit cycle
December 18th, 2017
Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, ...
Uber Paid Hackers $100,000 to Keep Secret a Massive Data Breach In 2016
November 22nd, 2017
Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the data of some 57 million accounts of the ride-service provider, the company said on Tuesday. Discovery of the company’s cover-up of the ...
Artificial intelligence mobile payments are coming sooner than you think
November 1st, 2017
Artificial Intelligence, or AI, is an umbrella term comprised of numerous computer systems which enable machines to think, learn, and react as a human would. These systems include, Machine Learning, such as Deep Learning and Predictive Analysis, Speech to ...
Ryanair’s already precarious reputation may be grounded by its spate of cancellations
September 20th, 2017
As Ryanair – and its passengers – begin to count the cost of its decision to cancel 40 to 50 flights every day for the next six weeks, YouGov BrandIndex data suggest that the saga is already denting the ...
Ryanair set to turn away from UK as Brexit looms
May 30th, 2017
Ryanair has said this morning that a hard Brexit will significantly disrupt flights between the UK and the EU and that it plans to move its focus elsewhere as it grows its business over the next two years. The ...
Uber is paying its NYC drivers ‘tens of millions’ because of an accounting error that underpaid them for years
May 24th, 2017
An accounting mistake means that Uber has been short-changing its drivers in New York City for years. On Tuesday, the company announced that it will be repaying drivers “tens of millions” after it took more than its share of ...
Uber is a transportation service and could need new licenses in Europe, top court advisor says
May 11th, 2017
Uber suffered a setback Thursday with an advisor to Europe’s top court stating that the ride-hailing app is providing transportation services, and not merely connecting drivers to passengers via technology which the U.S. firm which has previously argued. “The ...
Daimler AG reports 10% increase in unit sales; First Quarter 2017 results
April 28th, 2017
Unit sales significantly above prior-year level at 754,300 vehicles (+10%) Revenue up by 11% to €38.8 billion Group EBIT is 87% above prior-year level at €4,008 million Net profit doubles to €2,801 million Free cash flow of the industrial ...
Gulf states are spending billions to attract tourists
April 24th, 2017
Gulf states are spending billions of dollars creating ambitious strategies to attract visitors as tourism becomes a stronger plank of their economies. This week’s Arabian Travel Market in Dubai will show the changing face of the industry as entertainment ...
America’s financial war strategy
April 23rd, 2017
America’s renewed desire to escalate military tensions is a front for America’s continual financial war, this time directed at North Korea, Syria and possibly Iran. This is likely to be the opinion of China’s strategic advisors. We analyse the ...
