The COVID-19 pandemic has seen governments across the world restricting movements to new levels. To aid the safe lifting of current public health restrictions, contact tracing apps have been developed to automate the labour-intensive contact tracing tasks critical to containing the spread of the virus. This article explores the legal and ethical implications of contact tracing apps.
Catalysed by the COVID-19 pandemic, the development of central bank digital currencies (CBDCs) has accelerated over the past few months, with many hoping that they would replace cash in the long term. This article aims to address the key commercial and legal issues of CBDCs.
ESG investment has boomed during the global pandemic, and the energy industry is facing a huge shift. With oil prices falling, Gulf and Middle-Eastern States are loading up on debt, while the big players in the market are announcing different investment priorities. Green bonds meanwhile show that effective regulation can lead to improvements in this area.
Amazon, the pandemic’s biggest winner, has been accused by the U.S. House Judiciary Subcommittee on Antitrust of controlling a monopoly power that must be reined in.
The Chinese Fintech and payments group, controlled by Alibaba founder Jack Ma, will sell 3.34 million shares on the Hong Kong and Shanghai stock exchanges. This exceeds Saudi Aramco’s record listing in 2019 – what does this mean for the IPO market and for the sector?
Living in fear of a surge of covid-19 cases and lockdown restrictions has caused volatility for European markets, curbing rising share prices. Economists expect unemployment rates to continue rising for the rest of the year.
The US markets have suffered their worst week since the 2008 global financial crisis.
The European Union has been considering new legally binding requirements for developers of artificial intelligence to ensure modern technology is developed and used ethically. The draft of the new legislation will be announced on the 19th of February 2020, and Silicon Valley bosses Sundar Pichai (Google) and Mark Zuckerberg (Facebook) have taken it upon themselves to head to Brussels and tout the importance of the freedom of innovation in AI.
As coronavirus takes the world by storm, the economic impacts are quite drastic. Entire industries are being affected - oil and gas in particular.
“We recognise that the era of growth at all costs is over” said Dara Khosrowshahi, the CEO of Uber. This statement was accompanied by the disclosure of the company’s fourth-quarter financials, as well as the moving-forward of the company’s targets to achieve profitability by a year to the fourth quarter of 2020.
Recent scrutiny of tech giants’ business strategies has resulted in the revelation of illegal conduct or abuse of dominant power, meaning firms have been fined or asked to change the way they operate as a result. Facebook and Amazon, in particular, have been targeted recently for the way they handle consumer data, and investigations have been launched from NY’s AG, EU Commissioners and Italian Competition watchdogs who have been concerned about the way the companies are functioning.
Recent data published by Bloomberg predicts the UK will have forfeited £200B in lost GDP by the end of 2020 as compared to the projections for if it had elected to stay in the EU, bordering on the £215B the country has contributed to the EU budget in its 47-year membership.
Despite a recent takeover by Virgin, domestic air-travel staple Flybe has continued to struggle financially, prompting unions and politicians to petition the government to offer emergency financial aid.
FedEx is struggling due to its lack of competence in the rise of e-commerce and is falling behind its competitors such as UPS and Amazon.
Tesco, the UK’s largest supermarket chain said it’s thinking of selling its businesses in Thailand and Malaysia on Monday, in hopes of restructuring its business through UK-based shops.
US imposes tariffs on French goods in response to Macron’s Digital Services Tax. The DST is, however, very justified and should set the context for European reform.
In 2010, Nick Clegg was able to force his way into government on the part basis of his debating mastery. Is it not time to widen our debating platform to see if there is anything better past the stale bickering of Conservative and Labour leaderships?
Big beauty brands like Coty Inc. and Estee Lauder Co. have been acquiring parts or whole trendy brands in hopes of boosting sales through younger clientele.
With US-China trade tensions rising incrementally over time and uncertainty over Brexit rising, Germany finds itself in an uncomfortable position as its main industrial hub takes on a heavy blow. The question is: should Germany be willing to sacrifice tried-and-tested policy for a dive into the deep end by relegating their alignment to caps on government debt finance?
In his campaign pledge today, Johnson, leading the Conservatives into his first general election as leader, looks to launch his campaign on the basis of seeing Brexit ‘over the line’, diametrically opposed to Jeremy Corbyn’s leadership of ‘more dither and delay’. This election seems to be the most important for quite some time, with commentators struggling to predict the result.
