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Aussie businesses leading the world in digital transformation

According to the survey – carried out by Fujitsu, 92.5% of Australian businesses are planning, testing, or implementing digital transformation …

Manufacturing

Japan Inc scrambles for job-hoppers to cope with labor shortages

Japan's labor shortage has pushed job-hopping to its highest since the global financial crisis, as companies scramble for workers with experience in …

China set to add another 'cashless' city

Tech giant Alibaba's financial arm, Ant Financial, has clinched an agreement with Tianjin municipality, vowing to transform the latter into the first …

3 ways cognitive computing can transform banking

What if you had a personal banking bot that warns you when your funds are getting low? Or that you usually buy flowers at a certain time of the year for your mother’s birthday and that you haven’t this year? With cognitive computing, this scenario might soon become a reality. Cognitive computing …

How Switzerland Reinvented Itself As Cryptocurrency Haven

Switzerland is enticing financial technology companies and startups to its already booming Crypto Valley by stripping down its regulations for …

Financial Services

Why Successful Leaders Lead With Trust | Inc.com

Whether we want to admit it or not, the core of most managerial philosophies is built on trust. And the research continues to mount that shows that organizations that inspire trust between employees and manager perform better - sometimes significantly better. One study even found that high-trust …

Customer Service

Watch China And India’s Poverty Plummet Over Two Decades

We hear a lot about the growing middle classes of China and India, but the fates of billions of people thousands of miles away can be tough to imagine. However, this new data visualization by Andrew Whitby for The World Bank puts it all into perspective.<p>Drag the slider from 1990 to 2013, and watch …

Sub-Saharan Africa

Procter & Gamble to spend $100m for Singapore innovation center

Procter & Gamble’s US headquarters. Photo credit: Jonathan Weiss / 123RF.Procter & Gamble today announced it would invest US$100 million over the …

Some of China's richest and most powerful men have mysteriously vanished

The financial giant Anbang Insurance Group Co. announced Wednesday that its chairman, Wu Xiaohui, was stepping aside temporarily for "personal reasons" and that he had authorized "relevant senior executives to continue running the business."<p>The announcement, which spurred a decline in stocks in …

Business Schools Don't Teach This Extremely Important Skill (but All Entrepreneurs Need It)

You might learn to grow a business, but few will teach you how to build one from scratch.<p><i>What's one thing about building a business you won't learn in business school? originally appeared on Quora - the place to gain and share knowledge, empowering people to learn from others and better understand</i> …

Entrepreneurship

China plans to audit and ban online content if it’s not socialist enough

China increased its censorship of films, blogs, and educational websites last Friday with new rules that say sites failing to adhere to “core socialist values” will have to shut down, according to <i>Reuters</i>. That means that topics like drug addiction and homosexuality are banned.<p>China’s history of …

Three game changers for energy

New sources, mobility, and industry fragmentation are set to disrupt the system.<p><b>Change is afoot</b> in the energy system. Soaring demand in emerging …

Energy

GST To Increase India’s GDP By 2-3 %

Excerpts:How big of an impact will the GST have on the Indian economy?Ram Sarvepalli: It will significantly help improve the ease of doing business …

The Most Underrated Skill in Management

Download this article as part of a free collection.Download the CollectionFree download, compliments of: It’s hard to pick up a current business …

Japan Tries To Recruit IT Engineers From India, But It Won't Work

Japan’s efforts to recruit Indian IT engineers won’t work. For a simple reason: these engineers are better off at home.<p>With the domestic talent pool shrinking, Japan desperately needs foreign talent to fill the gap and revive its ailing economy. Especially IT engineers, where the country is …

World Economic Forum

When JK’s not OK: Tokyo’s sex trade 2017-07-01 | Espresso

Jun 30th 2017<p>Continue reading today's edition<p>Download the app here. Five stories, six days a week, straight to your iPhone or Android smartphone.

Espresso

The Most Attractive Employers For Business Students Around The World In 2017

Around this time of year, many business students are hard at work at a summer internship or preparing to start a full-time job. If they had their druthers, what companies would they join?<p>This week, research and advisory firm Universum Global released its list of the top companies where students …

Employment

That Exploding And Booming Fourth Of July Night Sky Is 'Made In China'

Happy Fourth of July, the day we set aside here in the United States to celebrate American independence in that all-American way, by lighting up the night sky with fireworks imported from, you guessed it, China.<p>While those burgers, hot dogs, ribs, steaks, baked beans, lettuce, cole slaw, french …

Struggling For Visas, Tech Startups Are Looking Outside The U.S. To Launch Businesses

Taher Baderkhan, one of the founders of New York-based virtual reality company YouVisit, is an American success story. An immigrant from Jordan, he came to the U.S. as a student, then worked under an H-1B visa, and, once he got his green card, was able to work full-time at a company he started with …

Why China Is the World’s Innovation Role Model

With all the talk about trade tensions between the United States and China, currency manipulation by the Chinese, and U.S.-North Korea-China military …

China bulks up in cruise-ship construction

AT FIRST glance the balcony-lined silhouette of the <i>Norwegian Joy</i>, a new cruise ship, looks like any other Western liner moored in Shanghai. But a …

China

This Is The Current State Of The American Workplace

A glimpse of workplace trends on the rise.<p>The world of work is changing pretty rapidly, but one thing has been pretty consistent over the past few years: Workers are feeling optimistic about their prospects. The U.S. economy keeps adding jobs at a healthy clip and unemployment remains at …

It’s official: China suspects its “car-eating,” traffic-straddling bus is a total scam

China’s futuristic “car-eating” bus, already dead in its tracks, is now the focus of an investigation.<p>In theory, the Transit Elevated Bus, or TEB, is an electrically powered, 300-passenger vehicle that moves atop tracks straddling the highway while allowing road traffic to flow below. Billed as a …

China

China Is Investing Heavily In Artificial Intelligence, And Could Soon Catch Up To The U.S.

The buzzword among the business and tech communities in China for the past year has been ‘AI’, or artificial intelligence. Artificial intelligence, which allows software to “learn” human ways of thinking, is being incorporated into the largest e-commerce platforms, including Baidu, Alibaba, and …

Artificial Intelligence

The remarkable story of how an immigrant’s hunger created the US’s biggest Indian grocery chain

When he was 23, Mafat Patel headed for America. It was 1968, and he had just received a visa to get his MBA at Indiana University.<p>This trip would mark his first time outside his home country of India. Born the eldest of six siblings, three sisters and two brothers, he’d spent most of his life on a …

Indiana University

Can Alibaba Realize Its Global Ambitions?

Jack Ma, the man who turned Alibaba into China’s dominant e-commerce platform, now has his sights set on global domination.<p>Over the past year, Ma has spent more than 800 hours flying to dozens of countries, meeting business leaders and head of states to introduce his grand vision: small businesses …

What Makes Alibaba's Jack Ma Such a Singular Entrepreneur

As promised, this morning <i>Fortune</i> published my profile of Jack Ma, executive chairman of Alibaba Group and one of the most singular business …

China’s Vision for a Straddling Bus Dissolves in Scandal and Arrests

HONG KONG — Maybe a giant tram rolling over pesky cars clogging the streets wasn’t the answer to China’s traffic congestion woes. A Chinese inventor’s plan to develop such a vehicle, called a “traffic-straddling bus,” has been effectively killed after 32 people from an investment company that …

Court Freezes $182 Million in Assets of Chinese Internet Tycoon

BEIJING — A court in Shanghai has frozen $182 million in assets tied to the chairman of the Chinese technology company LeEco after one of its affiliates missed loan payments.<p>The ruling last week by the Shanghai High People’s Court was the latest setback for the chairman, Jia Yueting, and for LeEco, …

The Nine Elements of Digital Transformation

In-depth research with executives at a wide range of companies shows how managers can use technology to redefine their businesses.<p>Digital …