Monthly Archive: April 2018

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At war with Alibaba: Top brands fight China e-commerce giant

SHANGHAI — The rivalry is so notorious it’s been called the “great cat-and-dog war.” On one side towers Alibaba Group Holding Ltd., China’s e-commerce market leader, embodied by the black cat mascot of its Tmall platform. On the other is JD.com Inc., a fast-growing upstart represented by its white dog logo. Brands now caught in […]

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Shanghai gets automated bank with VR, robots, face scanning

SHANGHAI — Missed paying dues on your Communist Party membership? There’s a bank for that – and it’s fully automated. A state-owned Chinese bank has opened an automated branch equipped with facial-scanning software, a virtual reality room, a hologram machine, talking robots and touchscreens for paying utility bills and Communist Party fees, among other functions. […]

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Mexico’s Pena Nieto optimistic on NAFTA overhaul talks

BERLIN — Mexico’s president has said at a trade fair in Germany that he’s optimistic about reaching a deal to overhaul the North American Free Trade Agreement. President Enrique Pena Nieto and German Chancellor Angela Merkel on Sunday opened the annual Hannover Messe fair, where Mexico is this year’s guest country. Both welcomed a preliminary […]