worldbusinessstar
TikTok to automatically remove content that violates policy
Short-video sharing app TikTok said that it will use more automation to remove videos from its platform that violate its community guidelines. At present,...
Premium Cars drive Volkswagen profit above pre-pandemic levels
Volkswagen’s first-half operating profit is expected to reach around 11 billion euros ($13 billion). This tops the pre-pandemic levels on strong demand in Europe and...
Innovate UK funds Glasgow university and ECom Scotland joint project
The digital learning and assessment specialist, eCom Scotland is collaborating with the University of Glasgow in a six-month project. And this is funded by...
Facebook and Instagram will invest over $1 BLN in content creators
Facebook Inc will spend $1 billion on social media creators through the end of 2022 in a fight for top talent announced, when TikTok became...
Malaysia, 1MDB seeking more than $5.6 billion in damages from KPMG...
Malaysia’s government and state fund 1Malaysia Development Berhad (1MDB) are seeking over $5.6 billion in damages from KPMG partners for alleged breaches and negligence...
A fine mess: Weak inflation prompts a global central bank reset
It is an article of faith among central bankers that the decisions they make about how much money to create and what interest rate to...
White house to target bank mergers, financial data with competition order
President Joe Biden’s planned executive order to promote greater U.S. competition will target bank mergers by pushing the Federal Reserve and the Department of Justice to...
Credit Suisse names new asset management COO as post crisis shakeup...
Credit Suisse named Markus Ruetimann as the new global chief operating officer of Credit Suisse Asset Management (CSAM).
Ruetimann will report to Ulrich Koerner as...
Bank of England to crack down on secretive cloud computing services
The bank of England said that the cloud computing providers to the financial sector can be secretive, and regulators need to act to avoid banks’...
Bank of England scraps curbs on bank dividends as pandemic crisis...
The Bank of England scrapped its remaining pandemic curbs on dividends paid by HSBC, Barclays and other top lenders with immediate effect. This is by saying...
