By Georgina Prodhan FRANKFURT (Reuters) – A new transatlantic data-sharing agreement is within reach after the “Safe Harbour” deal used by thousands of companies to comply with EU privacy law was struck down by the highest EU court this month, U.S. Secretary of Commerce Penny Pritzker said. The so-called “Safe Harbour 2.0” agreement currently being negotiated would meet European concerns about the transfer of data to the United States, Pritzker
The government looks set to sell some of its “strategic” crude oil. But might the whole concept of a strategic reserve be outdated?
China’s ruling Communist Party announced Thursday that the country will start allowing all married couples to have two children, abolishing an unpopular policy that limited many urban families to only …
NEW YORK (AP) — AP NEWSBREAK: Russell Simmons’ RushCard to create fund to compensate victims of card problems.
By Makiko Yamazaki TOKYO (Reuters) – Sony Corp swung to a second-quarter operating profit as strong PlayStation 4 videogame sales helped to offset a fall in smartphone sales and keep the company on a recovery track after years of decline in its consumer electronics business. Sony said on Thursday its July-September operating profit came to 88 billion yen ($729 million), its best second-quarter operating profit in eight years. The profit
China’s ruling Communist Party announced Thursday that the country will start allowing all married couples to have two children, abolishing an unpopular policy that limited many urban families to only …
The oil sector is gradually slipping into the red after years of fat profits as the slump in oil prices and a grim outlook bite deeper. The world’s top oil companies have struggled in recent months to cope with the halving of oil prices since June 2014, cutting spending repeatedly, making thousands of job cuts and scrapping projects. The lower-for-longer outlook for oil prices took its heaviest toll yet in
NEW YORK (AP) — Caitlyn Jenner, Reese Witherspoon, Misty Copeland and five women touched by the South Carolina church massacre and lauded in the aftermath as “The Peacemakers of Charleston” are among this year’s honorees as Glamour magazine’s Women of the Year.
The oil sector is gradually slipping into the red after years of fat profits as the slump in oil prices and a grim outlook bite deeper. The world’s top oil companies have struggled in recent months to cope with the halving of oil prices since June 2014, cutting spending repeatedly, making thousands of job cuts and scrapping projects. The lower-for-longer outlook for oil prices took its heaviest toll yet in
By Jussi Rosendahl and Leila Abboud HELSINKI/PARIS (Reuters) – Finnish network equipment maker Nokia reported stronger-than-expected quarterly profits as growth in China offset weaker demand in other key markets, and said it would return money to shareholders after acquiring Alcatel-Lucent . The tie-up will vault the new company into a stronger position to compete with Sweden’s Ericsson and low-cost Chinese player Huawei [HWT.UL], in a market for telecom network gear
