(Bloomberg) -- Policy makers around the globe have been cool to the idea of Facebook Inc.’s planned Libra cryptocurrency. Geneva is “excited” to work with Facebook, the canton’s economic development chief Pierre Maudet said last week after it emerged Facebook had picked the Swiss city as the home of the Libra Association, a not-for-profit organization that will govern the payment network and manage a financial reserve for the cryptocurrency. The Swiss State Secretariat for International Finance said it’s a “positive sign that Switzerland can play a role in an ambitious international project.”. Swiss politicians have gushed about the potential of “Crypto Valley” in the low-tax Swiss city of Zug, and then-Finance Minister Johann Schneider-Ammann last year even talked about Crypto Valley morphing into a “Crypto Nation Switzerland.”.
MEXICO CITY (Reuters) - Walmart's Mexico unit has begun offering grocery delivery from its Superama stores via messaging service WhatsApp, the retailer said on Monday, in a new stab at attracting shoppers outside bricks-and-mortar supermarkets. WhatsApp, the free text-messaging service owned by social media platform Facebook, is ubiquitous throughout Mexico. Superama shoppers can text an order to a WhatsApp number run by Walmart, known in Mexico as Walmart de Mexico. The representative said Superama charges 49 pesos ($2.55) for delivery within 90 minutes, or 39 pesos ($2.03) for a later delivery time, and would accept payment in cash or by card upon delivery. Walmart's plan to buy Cornershop, which operates in Mexico and Chile, for $225 million, was blocked earlier this month by Mexico's competition regulator, which said that Walmart could not guarantee an even playing field for rivals also using the app.
In the chemical industry, the production of solvents, pigments, alcohol inks, and other intermediates are produced. In China government rolled out massive construction plans, including making provision for the movement of 250 million people to its new megacities over the next ten years. The government has also planned to construct 100 new airports by 2032. Hence, with such trends in the construction and automotive industry, the paints & coatings industry has been witnessing strong demand in the region. Asia-Pacific region is also registering strong growth in the demand for personal care and cosmetic products, majorly driven by the influence of western culture leading to increased usage of cosmetic products by teenagers, increased awareness of being presentable with growing women employment, and hygiene awareness, owing to which the production of such products have also been increasing in the region.
Now, hundreds of millions of dollars are flowing into the growing market for protecting Kubernetes from cyber threats.Published 7:44 pm EDT, Monday, June 24, 2019. It's a market that is likely to continue to accelerate in the months ahead as organizations increasingly rely on Kubernetes for day-to-day operations, and asthe risks of potential security exploits grow. Kubernetes is also widely used by organizations large and small including Tesla, Spotify, CERN, eBay, IBM, Oracle and both Uber and Lyft, among others. Even Apple is getting in on the game, announcing on June 11 that it has joined the CNCF as a platinum end user member. Kubernetes integrates a container engine, and provides a way for companies to run and deploy large volumes of containers in a coordinated and resilient way. As companies big and small use containers to deploy and run applications that are part of business operations, there is a need to make sure they stay secure.
Investing.com - The crypto market traded in the green on Tuesday in Asia, with Bitcoin holding tight on its grip above $11,000. Bitcoin rose 4.44% to $11,161.9 by 11:22 PM ET (03:22 GMT). The coin has been performing its best these days, as last time when it reached the $11,000 level was March 2018, over a year ago. The Libra project will also be heard before the Senate Banking Committee on July 16, in a session called "Examining Facebook's Proposed Digital Currency and Data Privacy Considerations."
A worker walks along the construction site of the Shell Falcon ethane pipeline Friday at the Raccoon Township Municipal Park. When finished, the pipeline will feed ethane to the Shell Chemicals cracker plant in Potter Township. Just a short drive away, another crew was preparing to install pipeline under wetlands at the Beaver County Conservation District property in Independence Township. A temporary platform for vehicle and cranes was installed over a small portion of marsh at the edge of the 79-acre property and the pipe will run 50 feet under the wetlands and then 65 feet under Route 151 before it heads up a hillside. Conservation District executive director Jim Shaner said the affected marsh area should bounce back by this time next year. As far as other impacts, Shaner said there were extensive discussions with Shell on replanting, including concerns about pollination and bedding for shorebirds as well as special seed mixes and application rates.
Tesla Inc. was granted a waiver on 10% tariffs on aluminum imported from Japan, according to a Reuters report Monday. Tesla had asked for an exemption on 10,000 tons of aluminum produced by Nippon Light Metal Co Ltd. , and had argued in an April letter that it could not acquire U.S.-made aluminum that was comparable in both the volume of the order and quality. The U.S. Commerce Department found no objections and granted the one-year exemption, Reuters said, citing a filing dated June 5. Earlier this month, Tesla was denied a waiver for 25% tariffs on Chinese-made components for its Model 3 cars.
MEXICO CITY, June 24 (Reuters) - Walmart's Mexico unit has begun offering grocery delivery from its Superama stores via messaging service WhatsApp, the retailer said on Monday, in a new stab at attracting shoppers outside bricks-and-mortar supermarkets. WhatsApp, the free text-messaging service owned by social media platform Facebook, is ubiquitous throughout Mexico. Superama shoppers can text an order to a WhatsApp number run by Walmart, known in Mexico as Walmart de Mexico. The representative said Superama charges 49 pesos ($2.55) for delivery within 90 minutes, or 39 pesos ($2.03) for a later delivery time, and would accept payment in cash or by card upon delivery. Walmart's plan to buy Cornershop, which operates in Mexico and Chile, for $225 million, was blocked earlier this month by Mexico's competition regulator, which said that Walmart could not guarantee an even playing field for rivals also using the app.
J.P. Marvel Investment Advisors LLC trimmed its holdings in Alphabet Inc (NASDAQ:GOOG) by 10.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. 1,388,520 shares of the company’s stock traded hands, compared to its average volume of 1,504,359. The business’s revenue for the quarter was up 16.7% compared to the same quarter last year. As a group, research analysts expect that Alphabet Inc will post 48.44 earnings per share for the current fiscal year. Zacks Investment Research raised Alphabet from a “hold” rating to a “buy” rating and set a $1,399.00 target price on the stock in a research note on Wednesday, April 24th.