India's No. 1 Affordable Computer Franchise (ISO Certified, Govt. Approved) | Get approval in 10 Hours. For Inquiries: CALL +91-9774064470

Booksellers Protest Amazon Site’s Move to Drop Stores From Certain Countries

SAN FRANCISCO — More than 250 antiquarian book dealers in 24 countries say they are pulling over a million books off an Amazon-owned site for a week, an impromptu protest after the site abruptly moved to ban sellers from several nations.The flash strike against the site, AbeBooks, which is due to begin Monday, is a rare concerted action by vendors against any part of Amazon, which depends on third-party sellers for much of its merchandise and revenue. The protest arrives as increasing attention is being paid to the extensive power that Amazon wields as a retailer — a power that is greatest in books.The stores are calling…

Continue Reading

Rich Asians crazy about securing wealth spark family office boom in HK, Singapore

HONG KONG (Reuters) - Rich Chinese and other Asians are increasingly seeking more control of their wealth, driving a rapid rise in the number of so-called family offices, or private investment vehicles, being set up in Hong Kong and Singapore. FILE PHOTO - A man jogs past the skyline of Singapore October 16, 2018. REUTERS/Edgar Su/File PhotoAs the wealthy target greater investment diversification and as business owners hand over the reins to successors, family offices are sprouting in the Asian financial hubs, taking advantage of incentives such as tax breaks and residency being offered. The family office is a relatively new concept in Asia, with less than…

Continue Reading

Vying for Vuitton: China’s e-commerce rivals seek luxury stranglehold

PARIS (Reuters) - China’s online giants Alibaba (BABA.N) and JD.com (JD.O) are taking their battle for relevance in the lucrative luxury goods market to a new level, as they aim to crack e-commerce tie-ups with top brands that usually shun selling through third parties. FILE PHOTO Pedestrians pass in front of a Louis Vuitton shop in Chengdu, Sichuan province, in China, September 23, 2014. REUTERS/Benoit Tessier/File PhotoFrom Hugo Boss (BOSSn.DE) to La Perla underwear, the online shopping giants have recruited dozens of labels since launching their rival luxury sites in mid-2017, touting their access to a trove of consumer data and their grip on local payments systems…

Continue Reading

How Hyundai Motor, once a rising star, lost its shine

SEOUL/DETROIT/CHONGQING, China (Reuters) - At a near-empty Hyundai Motor (005380.KS) showroom in the Chinese mega city of Chongqing, the store manager is grumbling about his shortage of customers and a lack of bigger, cheaper SUV models popular in the world’s largest auto market. A worker cleans the ifloor next to a Sonata hybrid at a booth of Beijing Hyundai Motor, the joint venture between South Korea's Hyundai Motor and China's BAIC Motor, during an energy-savng and new energy vehicles expo in Beijing, China October 18, 2018. Picture taken October 18, 2018. REUTERS/Thomas PeterEven with discounting of as much as 25 percent, his dealership was selling barely a…

Continue Reading

understanding the times: How We Cover Elections: Interactive Maps

Your vote continues to count long after the ballots have been tallied. Databases that track election results ensure that it lives on indefinitely. What use is this raw data to the average citizen? That’s where The Times’s graphics department comes in. The team has built incredibly popular interactive maps to visualize and interpret complex voting data. In a recent interview, Archie Tse, The Times’s deputy graphics editor, and Matthew Bloch and Jasmine Lee, two other graphics editors, explain how they create interactive maps, their approach to design and their push to expand election maps to countries beyond the United States.What makes a map interactive?ARCHIE TSE Most of…

Continue Reading

Far-Right Internet Groups Listen for Trump’s Approval, and Often Hear It

On Wednesday, minutes after President Trump posted an incendiary campaign ad falsely accusing Democrats of flooding the country with murderous illegal immigrants, virulent racists on an online message board erupted in celebration.“I love it. We should be making videos like this,” one said. Another approvingly compared the ad to “With Open Gates,” a viral 2015 video about the dangers of European immigration that drew praise from prominent neo-Nazis and white nationalists, and was broadly condemned by anti-hate groups.These posts, which appeared on the politics forum of 4chan, an online message board known for hosting extreme speech and graphic imagery, were not a one-off. In recent weeks, as…

Continue Reading

Wanted: An Australian energy policy to kickstart A$25 billion of investment

MELBOURNE (Reuters) - Constant changes in Australia’s government have convinced the country’s power companies that its political leaders will never craft a coherent and long-lasting national energy policy that is needed to keep the lights on. FILE PHOTO: An old windmill stands in front of wind turbines in a paddock near the Hornsdale Power Reserve, featuring the world's largest lithium ion battery made by Tesla, located on the outskirts of the South Australian town of Jamestown, in Australia, December 1, 2017. REUTERS/David Gray/File PhotoYears of energy policy flip-flops are holding up billions of dollars of investment in new generation and transmission even as Australia looks to prevent…

Continue Reading

Saudi Prince Alwaleed: Khashoggi probe will exonerate leader

WASHINGTON (Reuters) - Saudi Arabian billionaire Prince Alwaleed bin Talal, an international businessman from the kingdom, said on Sunday that an official investigation into the death of journalist Jamal Khashoggi will exonerate the country’s leader. Khashoggi, a Washington Post columnist critical of the Saudi government and its de facto ruler Crown Prince Mohammed bin Salman, was killed after he entered the Saudi consulate in Istanbul in early October. Saudi Arabia should publicly release the findings of the murder investigation which would surely exonerate Saudi Arabia’s leader, Prince Alwaleed said on Fox News Channel’s “Sunday Morning Futures.” “I ask Saudi Arabia now publicly, through your program, to have…

Continue Reading

U.S., South Korea resume low-key military drills ahead of talks with North Korea

SEOUL (Reuters) - The United States and South Korea will begin small-scale military drills on Monday just days ahead of U.S. Secretary of State Mike Pompeo meeting with a North Korea official to discuss denuclearization and plans for a second summit between the two countries. FILE PHOTO: South Korean marines march during a military exercise as a part of the annual joint military training called Foal Eagle between South Korea and the U.S. in Pohang, South Korea, April 5, 2018. REUTERS/Kim Hong-Ji/File PhotoThe Korean Marine Exchange Program was among the training drills that were indefinitely suspended in June after U.S. President Donald Trump met North Korean leader…

Continue Reading

Italian storms wipe out two families in Sicily as death toll rises

MILAN (Reuters) - Two families were killed in the same house in Sicily when the torrential rains and high winds lashing Italy caused a river to burst its banks, drowning the nine people inside. Rushing water filled the villa in Casteldaccia in the province of Palermo in moments, wiping out the families who were spending Saturday night there. A father and his daughter escaped harm because they had left the house to do some shopping while a third person climbed a tree to survive. The tragedy brings the number of people killed in Sicily this weekend to at least 12 after three other people died in their…

Continue Reading