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China to Strengthen Semiconductor Cooperation With South Korea
China to Strengthen Semiconductor Cooperation With South Korea
China said it has agreed with South Korea to strengthen dialogue and cooperation on semiconductor supply chains, amid
2023-05-27 17:22
Softeon Scores Third highest in WMS Level 3 and 4 Warehouse Operation Use Cases and Fourth highest in Level 5 in New Gartner® Critical Capabilities Report
Softeon Scores Third highest in WMS Level 3 and 4 Warehouse Operation Use Cases and Fourth highest in Level 5 in New Gartner® Critical Capabilities Report
RESTON, Va.--(BUSINESS WIRE)--Aug 15, 2023--
2023-08-15 23:17
Wolters Kluwer appoints Rafael Sidi as Health Research segment leader
Wolters Kluwer appoints Rafael Sidi as Health Research segment leader
WALTHAM, Mass.--(BUSINESS WIRE)--Sep 26, 2023--
2023-09-26 21:56
Citigroup resumes retail banking sale in Poland - Bank Handlowy CEO
Citigroup resumes retail banking sale in Poland - Bank Handlowy CEO
GDANSK Citigroup has resumed the process of selling the retail business of Bank Handlowy in Poland, Bank Handlowy
2023-11-10 19:57
Venezuela's bolivar weakens against the U.S. dollar as inflation rages
Venezuela's bolivar weakens against the U.S. dollar as inflation rages
CARACAS The Venezuelan bolivar weakened to 30 units per dollar, the central bank said on Thursday, marking the
2023-08-04 07:20
Austrian Ex-Chancellor Kurz Indicted for False Testimony
Austrian Ex-Chancellor Kurz Indicted for False Testimony
Former Austrian Chancellor Sebastian Kurz was formally charged with providing false testimony to a parliamentary committee investigating government
2023-08-18 18:20
Oracle revenue misses estimates as tough economy hurts cloud spending
Oracle revenue misses estimates as tough economy hurts cloud spending
(Reuters) -Oracle narrowly missed market expectations for first-quarter revenue on Monday, as companies pared back spending on cloud services due
2023-09-12 04:18
Leicester fined up to £880,000 over price fixing with JD Sports
Leicester fined up to £880,000 over price fixing with JD Sports
Leicester are to be fined up to £880,000 after “colluding to restrict competition” alongside JD Sports in the sales of club clothing, including replica kit, according to the UK competition watchdog. The Competition and Markets Authority (CMA) has said the Sky Bet Championship side and JD Sports have admitted to anti-competitive behaviour, which include “price fixing conduct”. The parties broke competition law between 2018 and 2021 with arrangements which limited competition in the sale of clothing, the CMA said it has provisionally found. Leicester and its parent companies have agreed to pay a fine up to the watchdog’s maximum penalty of £880,000. JD Sports will avoid a fine after reporting the illegal activity. In August 2018, JD Sports said it would stop selling Leicester-branded clothing online for the 2018-19 season, and in January 2019, JD Sports agreed it would not “undercut” the club in terms of online sales for the following season by applying a delivery charge to all orders, the CMA said. It said JD Sports continued the agreement to sell all Leicester clothing with the charge until at least January 2021. Michael Grenfell, executive director of enforcement at the CMA, said: “Strong and unimpeded competition between retailers is essential to consumers’ ability to shop around for the best deals. “Football fans are well-known for their loyalty towards their teams. In this case we have provisionally found that Leicester City FC and JD Sports colluded to share out markets and fix prices with the result that fans may have ended up paying more than they would otherwise have done. “Both parties have now admitted their involvement, allowing us to bring the investigation to a swift conclusion. “The fine that Leicester City FC and its parent companies have agreed to pay sends a clear message to them and other businesses that anti-competitive collusion will not be tolerated.” In response, Leicester stressed that no current club directors or senior management were involved in the arrangements. “These arrangements related to a limited number of bulk orders by JD Sports, which were accepted by the club’s retail sales team over the relevant period,” the club added. “There was no intention on the part of the club to unlawfully restrict the resale of the goods supplied and no material financial advantage to be gained from doing so, given the limited amount of kit supplied to JD Sports. “However, the club accepts the CMA’s findings and has taken steps to strengthen its training and compliance measures to ensure the club’s retail operations fully comply with competition law.” JD Sports also highlighted that current or former directors or senior management of JD were involved in the offending conduct and that it signed a leniency agreement with the CMA last month. The company added: “JD has taken a number of steps to strengthen its competition compliance programme and the board reaffirms its commitment to making the necessary resource available, internal and external, to ensure that this is embedded into its daily operations.” It comes almost a year after JD Sports, rival Elite Sports and Rangers were handed fines over price fixing on replica kits. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Paris St Germain sack Christophe Galtier Wimbledon schedule further affected as rain prevents play on Wednesday morning Keira Walsh fears injury ‘every time I go on the pitch’ due to increased load
2023-07-05 20:28
Elon Musk's X can't beat lawsuit claiming age bias in layoffs
Elon Musk's X can't beat lawsuit claiming age bias in layoffs
By Daniel Wiessner A California federal judge has refused to dismiss a lawsuit accusing X, the social media
2023-08-30 22:57
Moroccan economy grew 1.3% in 2022, against 8% in 2021 - central bank
Moroccan economy grew 1.3% in 2022, against 8% in 2021 - central bank
The Moroccan economy registered growth of 1.3% in 2022, slowing down from the 8% growth registered in 2021,
2023-07-30 06:48
Capital One shares up after billionaire investor Buffett's near $1 billion bet on bank
Capital One shares up after billionaire investor Buffett's near $1 billion bet on bank
Shares of Capital One Financial Corp rose in premarket trading on Tuesday after billionaire investor Warren Buffett's holding
2023-05-16 18:51
With contracts set to expire Sept. 14, auto union chief says talks with Detroit 3 aren't going well
With contracts set to expire Sept. 14, auto union chief says talks with Detroit 3 aren't going well
With about three weeks until contracts expire with Detroit’s three automakers, the head of the United Auto Workers union says bargaining isn’t going well
2023-08-24 06:23