Introduction The Competition and Markets Authority (“CMA”), the authority responsible for operating and enforcing the UK merger control regime, has published its updated Retail Mergers Commentary (“New Commentary”).1 The CMA ...

On 26 July 2017, the European Court of Justice (“ECJ”) published an opinion issued by Advocate General Nils Wahl (the “AG’s Opinion”) indicating that luxury brands may prevent retailers from selling via online marketpla...

What is the Hansford Review and what is its purpose? Professor Peter Hansford was commissioned by the Board of Network Rail to chair an independent review of “contestability” in the UK Rail Market, with the intent of “encouraging t...

Background The Competition and Markets Authority (“CMA”) has recently published draft guidance on its approach to assessing rail franchise awards under its merger control powers (the “Draft Guidance”)1. The guidance has been ...

Highways England are moving forward with the A303 Stonehenge project (A303) and the Lower Thames crossing (LTC) and will be starting their market and supply chain engagement in March 2018. These projects are two of the largest in Highway England's R...

This speed read follows on from our briefing in November 2018 in which we explained that the government had proposed a change in law to implement a ban specific to pensions related cold calling.  At that time it was estimated that 10.9 million ...

The FCA has published its interim report in relation to its market study into how general insurance firms charge their customers for home and motor insurance (Interim Report). The FCA has provisionally found that the market is not working well for ...

On 4 March 2020, the Competition and Markets Authority (“CMA”) fined four pharmaceutical companies for breaching competition law through market sharing and the exchange of competitively sensitive information relating to the supply of nor...

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The European Commission (“EC”) has now completed its in-depth investigation of Britain’s capacity market scheme (“CM scheme”), which was introduced in 2014 following EU state aid approval to help safeguard security of e...

The Tunisian Government makes a huge step towards the deregulation of the renewable power market by amending the 2016 auto-consumption regime. The Decree 2020-105 has amended the 2016 auto-consumption regime legal framework. The 2016 regulation requ...

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Some of the restrictions imposed on open marketplaces as part of the measures to take the spread of the coronavirus outbreak under control have been lifted, the Interior Ministry has announced in a circular sent to 81 provinces across the country.

Introduction In the wake of the Coronavirus outbreak, and the restrictions imposed to curb its spread, there has been significant market disruption.  As has been seen in some real estate funds, there may therefore be difficulties for fund manag...

[ANGOP] Tômbwa -The Namibe provincial vice-governor for Political, Economic and Social Sector, Maiza Tavares advised this Friday in the municipality of Tômbwa the women who work on fish processing to improve the hygienic and sanitary condition in work places.

Chinese ride-hailing giant Didi Chuxing’s core business has been profitable, president Jean Liu Qing said for the first time, as ride orders in its domestic market recover from the impact of the coronavirus pandemic.In a rare interview, Liu told the CNBC that Didi’s core business has been profitable, without providing specific figures or explaining how or when the company had measured its profitability. The company has no plans for job cuts or raising capital, Liu said in the interview that…

The Singapore government is reviewing the sale and slaughter of live animals at wet markets, Dr Amy Khor, Senior Minister of State for the Environment and Water Resources, said on Tuesday. The relevant agencies are doing so while taking into consideration international benchmarking and scientific evidence, she added.Her comments were in response to a parliamentary question from MP for Nee Soon Group Representation Constituency Louis Ng. He asked whether her ministry would consider banning the…

Australia’s economy has become too reliant on China as a result of a government push for domestic industry to maximise exports to the world’s second largest economy, industry submissions to a government inquiry say.Business groups also singled out Australian government policies, including management of bilateral relationships with Indonesia and India, as hurting access to alternative markets.While some Australian export industries are not reliant on demand from China, companies like those in…

Open markets in Limassol, Dherynia, and Larnaca began operating again on Saturday for the first time since the lockdown measures were enforced. The openings followed similar moves in Nicosia after the government decided to ease restrictions last week. “There is order, safety, calm and people are shopping,” Limassol Mayor Nicos...

The post Coronavirus: Open markets back in business after lockdown (updated) appeared first on Cyprus Mail.

Pakistanis crowded markets Saturday after a nationwide coronavirus lockdown was eased, despite the country declaring its second highest daily infection toll.

Despite variations across countries on policy mix and timing, a pragmatic focus on sustained growth, poverty reduction, and inclusiveness characterize Asia’s economic rise 

These charts illustrate how Asian and global stock markets reacted to the COVID-19 pandemic, with market reaction closely following local outbreaks and then moving in unison with global markets amid other shocks.

A wholesale market in the central Chinese city of Wuhan played a role in the outbreak of the novel coronavirus last year, as the source or possibly as an “amplifying setting”, the World Health Organisation said on Friday, calling for more research.

Chinese authorities shut down the market in January as part of efforts to stop the spread of the virus and ordered a temporary ban on trade and consumption of wildlife.

“The market played a role in the event, that’s clear. But what role we don’t know; whether it was the source or amplifying setting or just a coincidence that some cases were detected in and around that market,” said Dr Peter Ben Embarek, a WHO expert on food safety and zoonotic viruses that cross the species barrier from animals to humans.

It was not clear whether live animals or infected vendors or shoppers may have brought the virus into the market, he told a Geneva news briefing.

US Secretary of State Mike Pompeo has said there is “a significant amount of evidence” the virus came from the Wuhan laboratory, although he has also said there wasn’t certainty.

Read: The Wuhan lab at the core of a virus controversy

No public evidence has linked the outbreak to the lab in Wuhan and scientists have said the coronavirus appears to have developed in nature. A German intelligence report cast doubts on Pompeo’s allegations, Der Spiegel reported.

Ben Embarek did not address the accusations. He noted that it took researchers a year to identify camels as the source of the Mers (Middle East Respiratory Syndrome) virus, a coronavirus that emerged in Saudi Arabia in 2012 and spread in the Middle East, adding: “It’s not too late.”

“What is important, what would be of great help, is to get hold of the virus before it adapted to humans, before the version we have now. Because then we would better understand how it adapted to humans, how it evolved,” he said.

“In terms of investigations, China has most probably, most likely, all the expertise needed to do these investigations. They have lot of very qualified researchers to that,” he said.

A common sight across Asia, wet markets traditionally sell fresh produce and live animals, such as fish, in the open air.

Many markets worldwide that sell live animals must be better regulated and hygiene conditions improved, and some should be closed down, Ben Embarek said. “But the vast majority can be fixed, can be better organised.”

It is often a question of controlling waste management, the movement of people and goods, and of separating live animals from animal products and from fresh goods, he said.

Mumbai: During 1Q 2014, the Mumbai office markets witnessed a further decline in office space absorption indicating cautious occupier sentiment. This lack of demand can be attributed to a low level of IT/ITeS sector participation in the overall absorption, which is currently the primary demand generating sector across the cities. This quarter only about 0.42 million sq ft of Grade A office space was leased with a few mid-sized deals concluded in Central and Western Suburbs, and Navi Mumbai. Construction activities remained slow. No projects / phases of projects were completed this quarter. Developers also refrained from launching new projects due to low demand. More than 7.5 million sq ft […]

The global financial architecture should focus on providing short-term lending facilities to improve the efficiency of developing projects.

Few that have bought or even rented real estate in India would be surprised by a recent survey showing the property market here can be maddeningly murky. Jones Lang LaSalle’s Global Real Estate Transparency Index showed that while things have improved, Indian cities still have to work on transparency. The Chicago-based real-estate consultant said India needs to go further to create more clarity on the rules connected to property purchases and real estate prices. “India still scores among the lowest in the transparency of its transaction process,” the report said. Jones Lang LaSalle looked at just over 100 markets around the world and rated them on a dozen parameters ranging […]

CES 2014, LAS VEGAS – HARMAN, the premium global audio and infotainment group (NYSE:HAR) debuted several new products for the mobile aftermarket today at CES, continuing its tradition of leadership for best-in-class car audio.

AUTO CHINA 2015, SHANGHAI – HARMAN, the premier audio, infotainment and software services company (NYSE:HAR), continues to make strides in China’s fast-growing auto market with new business wins and market roll-outs of infotainment and audio solutions with regional OEMs.

Shanghai Auto Show 2019 – SHANGHAI – April 16, 2019 – At the Shanghai Auto Show, HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, announced...

Today’s companies see the importance of design as more consumers demand elegance alongside flawless functionality and exceptional user experience. As a company that has created countless ingenious product designs in different markets all over the ...

CES 2015, LAS VEGAS – HARMAN, the premium global audio, visual, infotainment and enterprise automation group (NYSE:HAR), today unveiled the world’s first aftermarket amplifiers to feature HARMAN’s Clari-Fi technology, a proprietary software solution capable of analyzing and improving sound quality of compressed, digital music sources in real-time. HARMAN introduced Clari-Fi at CES 2014 and now the JBL® GTR and Infinity® Kappa amplifiers will feature the technology to provide a superior audio experience when playing digital music from streaming audio services.

IFA 2015, BERLIN – HARMAN International Industries, Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, today announced the world’s first aftermarket amplifiers to feature HARMAN’s Clari-Fi...

Los Angeles' downtown flower market saw a brisk trade on Thursday morning (May 7) after California Governor Gavin Newsom gave the green light to retail florist stores to begin opening on Friday (May 8), ahead of Mother's Day in the U.S.

U.S. money market fund assets increased by $72.69 billion to $4.652 trillion in the week ended April 28, the Money Fund Report said on Wednesday.

U.S. money market fund assets increased by $37.80 billion to $4.690 trillion in the week ended May 5, the Money Fund Report said on Wednesday.

Companies across the globe are focused on delivering voice-enabled products to their customers. However, voice technology is a nascent, complicated one that few companies can develop internally, without any collaboration. Enter, HARMAN Embedded Audio. A...

In an attempt to stem the spread of coronavirus, China has shut its wildlife markets for good. It is a welcome move, says Adam Vaughan

CES 2020 – LAS VEGAS, Nev. – January 6, 2020 – HARMAN, a wholly-owned subsidiary of Samsung Electronics Co. Ltd., focused on connected technologies for automotive, consumer and enterprise markets, today launched the HARMAN Ignite Marketplace, an...

Chinese e-commerce company Alibaba set the stage for the biggest IPO ever as it looks to raise $21 billion sometime in September. Conway G. Gittens reports.