Submitted by Anonymous (not verified) on Mon, 12/09/2013 - 18:24
Eight U.S. web giants have joined hands to start a public campaign for new limits on how governments collect user information amid concerns of growing online surveillance.
The companies -- Google Inc, Microsoft Corp , Apple Inc, Facebook Inc, Twitter , LinkedIn Corp, Yahoo Inc and AOL Inc -- issued an open letter to U.S. President Barack Obama and Congress to bring in reforms and restrictions on surveillance activities.
Documents leaked by former spy agency contractor Edward Snowden revealed that the National Security Agency had penetrated and perhaps targeted some of the companies, prompting Microsoft, Google and Yahoo to increase the amount of encryption.
Submitted by admin on Fri, 12/06/2013 - 17:04
French automakers PSA Peugeot Citroën (UG) and Renault SA (RNO) and companies that transport Iranian oil are poised to benefit from the six-month accord to rein in Iran’s nuclear program while easing trade sanctions.
After so many years of unilateral sanctions, the United States finally got agreement from major powers to impose multilateral sanctions on Iran by taking the case to the UN Security Council. Although this strategy is a change from the usual US unilateralism, it hasn’t forced Iran to stop uranium enrichment.
Submitted by admin on Fri, 12/06/2013 - 16:45
Byblos Bank issued today, in cooperation with the American University of Beirut through the Olayan School of Business, the results of the Byblos Bank/AUB Consumer Confidence Index for the first half of 2013.
The results show that the Byblos Bank/AUB Consumer Confidence Index declined in January, February, May and June, and improved relatively in March and April 2013. The Index reached its second-lowest point on a monthly basis in February since its inception in July 2007.
Submitted by admin on Fri, 12/06/2013 - 16:40
The prospect of revitalized oil production in Iraq and Iran may add to tensions between those two countries and Saudi Arabia over export quotas. On Dec. 4, representatives of the Organization of the Petroleum Exporting Countries (OPEC) met in Vienna to discuss a number of topics.
Submitted by admin on Fri, 12/06/2013 - 16:33
The combination of US$17.0 billion in net inflows and positive market performance pushed assets in the global ETF/ETP industry to a new record high of US$2.4 trillion at the end of November, according to preliminary findings from ETFGI’s November 2013 Global ETF and ETP industry insights report.
Net inflows into global ETFs/ETPs in November were weaker than the US$32.6 billion of net inflows in October and the US$35.7 billion net inflows in September.