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August, 29, 2016

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Business
Businesses cash in on 'Pokemon Go'
"Pokemon Go" has sent millions of people onto the streets in a worldwide hunt for virtual monsters -- and from neighborhood restaurants to multinational corporations, businesses smell a profit.
 
Lungu faces battle to make Zambia grow again
Zambia's newly re-elected President Edgar Lungu faces an uphill battle to revive an economy reeling from a slump in copper prices, with a free-falling currency and widening budget deficit.
 
The latest European challenge to the all-powerful U.S. credit ratings agencies doesn't come from the continent's financial capital Frankfurt -- but Berlin, better known for raves than banking.
 
Had Eric Favre not married an Italian woman, it's possible none of us would be drinking Nespresso.
 
The German central bank's call for people to work until age 69 has reignited a fierce debate in Europe's fast-aging top economy, with analysts backing it while politicians show their opposition ahead of key elections.
 
Taiwan-based contract electronics maker Wistron Corp. (緯創) said Saturday that a new joint production site located in India turned a profit in just one month after the plant began commercial production.
 
Media giant Viacom announced a formal agreement Saturday in its nasty corporate power struggle, under which mogul Sumner Redstone will remain atop his empire and chief executive Philippe Dauman leaves the company.
 
They're finally here: Uber to offer rides in self-driving vehicles
The option to hail a ride in a self-driving car, which was science fiction just a few years ago, will soon be available to Uber users in Pittsburgh, the first time the technology has been offered to the general public.
 
Twitter announced Thursday that it had cut off 235,000 accounts during the past six months in a heightened crackdown on use of the global messaging service to promote violent extremist causes.
 
European stock markets slid Friday as traders booked profits in the absence of key data heading into the weekend pause, analysts said.
 
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