Fifteen years ago, some staid Chinese manufacturers got sexy by calling themselves Internet companies, and China Unicom's latest move into the very busy fintech sector harkens back to that era. Chinese telecom operator China Unicom just held the opening ceremony for its financial company Unicom Group Finance Company Limited, and the China Banking Regulatory Commission Beijing Office issued a financial license to the company during the ...
Brexit poses another problem for central banks struggling to combat low productivity and high debt levels on the path to growth and armed with narrow policy options. How does Brexit affect them, how might they respond and what are they likely to do? Bank of England "Some believe rates could be cut as early as next week, however others think the BoE will wait." US Federal Reserve "The US Federal Reserve began ...
In Chase's 1888 Hide and Seek, two young girls — sisters, perhaps — play on a vast shimmering hardwood floor, in a sparely-decorated room. A mysterious painting. Who is hiding? Who is seeking? Is it just a game? Or is the painting about growing up — the older girl approaching the door to adulthood, the younger one looking at her own future? Georgia O'Keeffe, Edward Hopper and George Bellows were very different artists, but they did have ...
Following Foxconn's USD3.5 billion acquisition of Sharp, the Taiwanese company will position the new executive team in July to accelerate commercial application of Sharp patents, but it will also reportedly close Sharp's redundant and inefficient overseas businesses and cut 7,000 employees. Terry Gou, founder and chairman of Foxconn, said at the company's annual general meeting that he plans to promote the commercial application of Sharp's ...
Jon Bon Jovi surprised one deserving fan with cancer following a viral message campaign on social media. The rock icon made a special stop by a New Jersey restaurant to visit the fan, who has been a lifelong follower of the band. "This is my mom Carol Cesario. The most loving and caring person you will ever meet. She has stage 4 lung cancer." "You have no idea what this meant to us. This is a day we will never forget. Thank you so much ...
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