A Global Asset Management Seoul Korea Magazine
(RTTNews) - Norway's retail sales dropped in August, figures from Statistics Norway showed on Monday. Retail sales fell 4.9 percent month-on-month in August, after a 0.6 percent increase in July. Sales of cultural and recreation goods declined 23.0 percent monthly in August. Sales of information and communication technology decreased 10.7 percent and those of food and beverages fell by 4.6 percent. Sales of other household equipment fell 7.6 percent and sales in non-specialized stores declined 3.1 percent. Excluding motor vehicles and gas stations, retail sales fell 5.3 percent monthly in August, after a 0.5 percent increase in the preceding month. On a year-on-year basis, retail sales increased 8.2 percent in August, after a 13.8 percent rise in the prior month. Separately, the statistical office reported that the household consumption declined 3.8 percent month-on-month in August, after a 2.0 percent increase in July.
Setting boundaries was key to nurturing their business while maintaining their treasured friendship. Right from the start, they introduced an unusual tool: a code word to help them keep their personal and business lives separate. Before any private chats they’d simply utter a single word: “personal”. The pair have worked hard on their communication over the years. “A business partnership is like a marriage – you have to let stuff go all the time,” says Danni. “We realised the most important thing we can do is be honest with each other, and for the other person to be open to those comments. And we talk about things quickly, so that frustrations don't build up.” The women also clearly defined their roles within the business from the beginning, recognising the complementary differences in their personalities, skillsets and management styles. In general, Alisa says she’s quite conservative, while Danni is a more of a risk-taking, full-steam-ahead person. If the two don’t agree on something, neither of them has the authority to make the final decision. Normally they compromise, but when they find themselves at a stalemate they have a trusted group of experts they can go to for advice. “We trust ourselves
Johnny Ryan, senior fellow at the Irish Council for Civil Liberties (ICCL) filed a claim against Google two years ago. ICCLIreland's data watchdog is the lead regulator for Google in Europe, because the ad giant's European HQ is in Dublin. The watchdog faces questions about whether it is up to the job, after dragging out an investigation into Google's ad practices for more than a year. The probe centers on allegations that Google processes and shares intimate data with third-party brokers in a way that breaches EU privacy rules. Regulators across the EU have come under fire for having insufficient resources to uphold privacy regulation. Visit Business Insider's homepage for more stories. The regulator tasked with policing Google in Europe is under pressure to prove it's up to the job. The non-profit Irish Council for Civil Liberties (ICCL) has written to Ireland's Minister for Justice Helen McEntee to ask if the Ireland's Data Protection Commission is capable of acting on claims that Google violates EU citizens' data privacy. The letter marks the two-year anniversary of a complaint lodged by ICCL fellow and privacy expert Johnny Ryan. Ryan formerly worked at privacy-focused browser Brave, a competitor to Google's Chrome.
A girl wearing a protective mask depicting the TikTok logo poses for a picture in Mumbai, India, July 1, 2020. Francis Mascarenhas | Reuters SINGAPORE — India's ban of the popular short-video sharing app TikTok has left a vacuum that local start-ups are moving in to fill. One of those start-ups is ShareChat, a Twitter-backed Indian social media platform that caters to users in 15 regional languages. Citing national security concerns, New Delhi announced the ban on TikTok, which is owned by Beijing-based ByteDance, in late June. Just days later, ShareChat launched its own short-video platform, Moj. "We've been very, very opportunistic because we figured that this is a large vacuum, it's a large opportunity of short-video market, and therefore, we launched on that product," Ankush Sachdeva, co-founder and CEO of ShareChat, said on CNBC's "Street Signs Asia" on Monday. "I still believe there is a large appetite for short video content and if we can provide a really good experience, that essentially translates to a really good AI (artificial intelligence)-backed feed, there is a large market to be captured," he added. TikTok had more than 200 million users in India. After it was banned, Indian start-ups
VANCOUVER (AFP) - Chinese Huawei executive Meng Wanzhou and her lawyers return to a Canadian court on Monday (Sept 28) to press for her release, arguing the US misled Canada about her alleged crimes to secure her detention on foreign soil. The defence, according to court filings, will say that the crux of the US charges against Meng - that she hid Huawei's relationship with former subsidiary Skycom in Iran from HSBC bank - is false and lacks context. "Putting such a misleading and incomplete record before this court disqualifies it from continuing these proceedings," the document said. The Chinese telecom giant's chief financial officer was arrested on a US warrant in December 2018 during a stopover in Vancouver. She is charged with bank fraud linked to violations of US sanctions against Iran, and has been fighting extradition ever since. The case, meanwhile, has added to severe strain in Sino-US ties and created an unprecedented rift between Canada and China. Nine days after Meng's arrest, China detained former Canadian diplomat Michael Kovrig and businessman Michael Spavor in what is widely viewed as retaliation over Meng. Espionage charges were filed against