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Members of the Sackler family and Purdue Pharma's CEO say they did nothing wrong during the 25 years their company marketed Oxycontin and other opioids, and say they played no role in causing the opioid crisis in the U.S.

Digital technology will foster in a new supply chain paradigm Special

Supply chains create complex webs, and maintaining these to a high standard is necessary for avoiding delays, disruption and to avoid counterfeiting. To assist with this, digital technology will expand into 2021.

U.S. jobless claims rise to 885,000 as virus slows recovery

The number of Americans applying for unemployment benefits rose again last week to 885,000, the highest weekly total since September, as a resurgence of coronavirus cases threatens the economy’s recovery from its springtime collapse.

US accuses Switzerland, Vietnam of manipulating currency

The US Treasury on Wednesday accused Switzerland and Vietnam of manipulating their currencies, partly to gain a trade advantage over American exports.

Australia takes China to WTO as trade war deepens

Australia called Wednesday for the World Trade Organization to investigate Chinese tariffs on barley imports, turning to an "independent umpire" to adjudicate one of several bitter politically tinged disputes between the two nations.

Australia says China coal ban would be clear WTO breach

Australia on Tuesday decried China's reported ban on its coal exports as an obvious breach of World Trade Organisation rules, as tensions between the two countries flared again.

Exxon Mobil will lower greenhouse gas emissions intensity by 2025

U.S. oil giant Exxon Mobil is setting short-term targets to reduce its greenhouse gas emissions over the next five years as the company responds to investor and public pressure to address climate change.

What does Apple's ITP mean for advertisers? Special

What does the post-cookie media world mean and specifically what does this have in store of digital content providers in the advertising industry, plus frequently used applications like TikTok and Instagram.

Q&A: Are microservices the answer for business efficiency?

With 2021 around the corner, it is a common time to consider how 2021 will shape. Ankur Singla, CEO of Volterra, provides Digital Journal with some insights.

'Turning the tide': Frankfurt attracts London banks

Hubertus Vaeth was considered crazy when he launched a Frankfurt initiative to lure banks there after Brexit."Are you nuts? What did you smoke?

Why addressing bias in AI algorithms matters Special

Among the challenges arising in 2021 are addressing bias in artificial intelligence algorithms, new data privacy regulations, the shift toward stronger age verification and more. These are issues that businesses need to face.

Op-Ed: A good risk management process creates a good business culture

Each aspect of the business process should be subject to risk management, involving the identification of hazards that could disrupt the business and assessing the risk to business continuity that could arise when each hazard is likely.

Cuba will unify its two currencies as of January 1: president

Cuba will unify its two currencies, the Cuban peso and convertible peso, as of January 1, ending a unique system that has existed for nearly three decades, President Miguel Diaz-Canel said Thursday.

Johnson tells UK to 'get ready' for no-deal Brexit collapse

Prime Minister Boris Johnson on Thursday vowed to go the "extra mile" for a Brexit trade deal but instructed his government to prepare for Britain to crash out of the European Union's single market at the end of this year.

U.S. jobless claims jump to 853,000 - The most since September

The number of new unemployment claims rose sharply to 853,000 last week, an increase of 137,000 from the week before, another sign of the toll the pandemic is taking on the labor market.

Q&A: Why banks are seeking to garner the advantages of AI Special

The financial business environment is set to see developments in automation and artificial intelligence as banks seek to harness the advantages of informed data insights in order to grow and expand their operations.

Businesses with their heads in the cloud of governance

The cloud is seen as an essential tool for businesses as part of their digital transformation missions, providing an easier way to model data and to make predictions. This leads to the issue of cloud governance.

SPACs on the rise on Wall Street and beyond

Jay-Z, Shaquille O'Neal and Martin Luther King III have been among the prominent figures to recently join Wall Street's SPAC craze.

China consumer prices drop for first time in over a decade

China's consumer prices dropped more than expected in November on falling food costs, with a key gauge turning negative for the first time in 11 years due to pork prices, according to official data released Wednesday.

Q&A: Looking into 2021's enterprise AI trends Special

Enterprise for 2021 will include hyperautomation, which is the philosophy that everything that can and should be automated, will be automated and other innovative technologies like digital twins.

Medical arm of China's surges 34% on Hong Kong debut

The medical arm of Chinese e-commerce giant soared 34 percent on its debut on the Hong Kong stock market Tuesday after raising HK$27 billion ($3.5 billion) in the biggest initial public offering in the financial hub this year.

Small business vs pandemic — Grim tales from Blondies Burgers Special

Small businesses don’t like lockdowns. There are plenty of good reasons for that. I got talking to Sandy Doyle, well-known Blondies Burgers restauranteur, and got some grim facts.

Coal companies bankrupted as industry continues its slide

Lighthouse Resources Inc., a coal company with mines in Wyoming and Montana, and White Stallion Energy LLC, a miner that operates in Indiana and Illinois, both filed for bankruptcy after the Covid-19 pandemic dropped coal prices.

Boeing scores first 737 MAX order since grounding

Boeing on Thursday picked up its first major order for the 737 MAX since the aircraft was grounded for 20 months following two fatal crashes, as Irish no-frills airline Ryanair signed a deal to acquire 75 of the planes.

Why the network is essential for digital transformation success Special

Robust system networking, together with suitable software, is an essential element that companies need to get right in order to progress with their digital transformation roadmap. Expert David Cheriton explains how.

Business 2021: AI’s expanding role in cloud security Special

Important business trends for 2021 are set to include expanding AI’s role in cloud security, anticipated security challenges with rising M&A deals, and the increased role of MSPs as IT budgets decrease.

Uncertain recovery to follow coronavirus shock

The coronavirus pandemic triggered a historic global economic shock that required determined government initiative to confront it, while reinforcing China and big US tech companies.

Q&A: Minimizing serious contractor injuries with analytics Special

It is possible for companies with contractors to take steps to minimize serious injuries and fatalities (SIFs) with the use of digital-based, predictive analytics.

Shale firms ramping up natural gas output despite shaky market

Higher natural gas futures prices for 2021, as well as forecasts of a 45 percent jump in gas prices next year, compared to a 15 percent increase for Brent oil, appears to be reason enough for U.S. shale firms to boost gas drilling and production.

Q&A: Securing the 'next normal' through improved cybersecurity Special

What will the 'new normal' look like in 2021 and how can these be secured? Understanding this will enable businesses to set their cybersecurity priorities and spending plans for for 2021.

OPEC and the pandemic has broken the U.S. shale market

OPEC’s oil ministers have a few challenges to consider at a crucial summit next week, but for the first time in years, the U.S. shale boom won’t be at the top of the list.

Amazon is set to become the world's biggest private employer

Amazon has hired more than 400,000 people globally since January, amounting to more than 1,000 new hires per day, and this does not include the 100,000 seasonal workers added before the start of the holidays, bringing hires to nearly 1,400 per day.

China imposes anti-dumping measures on Australian wine

China on Friday said it would impose anti-dumping tariffs on Australian wine, the latest salvo in an increasingly terse standoff between the two that has worsened since Canberra called for an inquiry into the origins of Covid-19.

Q&A: 5G could be used by bad actors to attack businesses Special

Businesses face a large array of challenges in 2021, and among these are data security and data privacy issues. Many of the cases developed in 2020 are likely to be exacerbated in the following year, according to a leading expert.

EU warns will defend its market amid Brexit frustrations

EU chief Ursula von der Leyen warned Wednesday that any post-Brexit trade deal must not undermine the EU single market, as frustration with London grows.

Warning: Domestic cyber terrorism on the rise in 2021 Special

This year has been rocky, yet as businesses attempt to re-build for 2021, next year will see a continuation of challenges and some new threats emerging. These include new cyber-threats, both internal and external to the nation state.

What businesses need to focus on during 2021 Special

The last few years have seen a new raft of legislation that businesses have had to grapple with. As we move into 2021 it is likely that there will be a renewed focus on data privacy, as well as a continued vigilance upon cybersecurity.

Prediction: The future of analytics is everyone’s game Special

Data analytics can help to find new insights and develop new products, both of which are key to many businesses growing and surviving. Recent advances in technology have made making more use of analytics a must for 2021.

Business incubators can help firms to scale up during COVID-19

Starting a business in the midst of a pandemic might not be a crazy idea. A place to start is with using a business incubator. These serve as ideal spaces for entrepreneurs launching or scaling during COVID-19.

COVID-19 pandemic has made firms more vulnerable to cyberattack

While the COVID-19 pandemic has pushed organizations to accelerate their digital transformation efforts this has also ultimately increased the size and complexity of their attack surface management, leading to security risks.

Prediction: How will ethical data develop in 2021? Special

Businesses will be investing in ethical data solutions in 2021, according to a leading expert. This is to address the rise in data breaches and to avoiding falling foul of data privacy laws.
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