Top 4 Business Stories of the Day

Try Our New Player
wochit

by wochit

1K
7 views
  • About
  • Export
  • Add to
In a world fraught with identity theft and cybercrime, it’s more important than ever for companies to protect their customers’ credit card information. In the wake of the Target information breach, that left the debit and credit card information of 110 million customers exposed, the FBI recently reported the discovery of approximately twenty similar cases within the last year. That’s why it’s essential for companies that accept and process payment cards to be compliant with the PCI Council’s latest payment card industry compliance requirements.
Stocks began the week in positive territory on Wall Street Monday, but the initial advance was upended before noon as the major averages fell swiftly into the red. In year that has been marked by choppy trading through its first three months, Monday’s reversal was being pinned on lackluster economic readings out of China and Europe that sent investors fleeing from some momentum-driven industries and hot names. A monthly reading on Chinese manufacturing came in lighter than expected, and any enthusiasm that a weakening economy in that country would prompt stimulus efforts faded before long. In Europe, the services component came up short of expectations while the manufacturing component narrowly topped estimates.
France's biggest listed bank,said it would reduce Ukraine staff by 1,600 by 2015 as part of a restructuring of its local unit in the face of a tough economic environment.International banks exposed to Eastern Europe have been in the spotlight since Moscow formally annexed Ukraine's Crimea last week,triggering U.S. and European Union visa bans and asset freezes against a group of Russians and Ukrainians. According to Bank for International Settlements data, French lenders have the overall biggest exposure to Russia.
U.K. startup, Silent Herdsman, has raised £3 million for its wearable collars for cattle that are designed to help dairy and beef farmers better manage their herds by detecting decision-triggering conditions such as when cows are in heat.

0 comments