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To help rebuild consumer trust, Didi has said it will expand its in-house customer service team to 8000 people from 5000 as part of a wider 140 million yuan ($20.14 million) upgrade. Didi is investing heavily overseas, including South America and Australia, where it has launched its own service and is acquiring local competitors in a fierce battle with Uber. Since buying Uber’s China business in 2016, Didi has dominated the domestic ride-hailing market versace cufflinks uk sale. But new rivals have begun entering the fray, including a service backed by Meituan Dianping (3690.HK), with the government looking to reduce anti-competitive behavior in the industry..

TOKYO (Reuters) – Nissan Motor Co’s (7201.T) auditor had repeatedly questioned transactions at the heart of allegations of financial misconduct by former chief Carlos Ghosn but Nissan said they were proper, a person with direct knowledge of the matter said on Wednesday versace cufflinks uk sale. Ernst & Young ShinNihon LLC questioned Nissan’s management several times, chiefly around 2013, about purchases of overseas luxury homes for Ghosn’s personal use and of stock-appreciation rights that were conferred on him..

But the Japanese automaker said the transactions and financial reporting were appropriate, the source told Reuters on condition of anonymity. The revelation shows Nissan and its auditor were discussing the transactions, in apparent contrast with Nissan’s contention that the alleged misreporting of benefits for Ghosn was masterminded by Ghosn and a key lieutenant. A spokesman for EY ShinNihon, the Japanese affiliate of global accounting firm Ernst & Young, said he could not comment on specific cases versace cufflinks uk sale. A Nissan spokesman declined to comment..

Ghosn was arrested on Nov. 19 as he arrived in Japan versace cufflinks uk sale. Prosecutors accuse him of falsifying Nissan’s annual reports to understate by about half his total compensation of some 10 billion yen ($90 million) over several years. The high-profile former executive has denied the allegations, according to Japanese media. Ghosn remains in custody and is unable to speak publicly. He is represented by former prosecutor Motonari Otsuru, according to Japanese media. Otsuru’s law firm declined to comment on Wednesday, and Otsuru has not responded to requests for comment..

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WELLINGTON (Reuters) – New Zealand’s intelligence agency has rejected the telecom industry’s first request in the country to use 5G equipment provided by China’s Huawei Technologies Co Ltd, citing concerns about national security. Telecommunications services provider Spark New Zealand Ltd (SPK.NZ), which made the request, said on Wednesday it would review the reasoning before considering any further steps cufflinks set uk sale. The decision comes as Western nations become increasingly wary of what they say is possible Chinese government involvement in fifth-generation mobile and other communications networks. Huawei has repeatedly insisted Beijing has no influence over it..

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Huawei has been involved in other telecommunications systems in New Zealand such as its 4G mobile network, and is investing NZ$400 million ($271.88 million) into research and development. Little said each decision regarding telecom technology was made separately under telecom and security legislation cufflinks set uk sale. “The difference between 5G networks and conventional 4G and 3G networks is the configuration of the technology,” Little said. “With 5G technology, every component of the 5G network means every part of the network can be accessed.”..

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The Kremlin did not respond to a request for comment. A representative of state telecoms regulator Roscomnadzor, Vadim Ampelonsky, said he could not comment because his agency was not involved in drafting laws. Russian regulator Roscomnadzor has repeatedly accused Facebook and Google of failing to comply with Russian laws. It blocked access to LinkedIn in 2016 and tried to do the same to the Telegram encrypted messenger service in April. A Google representative in Russia declined to comment on the accusations or the proposal for new fines. Neither Facebook nor Telegram CEO Pavel Durov responded to requests for comment gucci cufflinks replica uk sale.

One of the sources who told Reuters about the proposal works for a Russian technology firm, one is at a foreign tech company and the third works for an industry lobby group gucci cufflinks replica uk sale. They spoke on condition of anonymity because they are not authorized to speak to the media. Just like lawmakers and officials in the United States and the European Union, Russia is wrestling with the challenge of how to limit the power of tech companies that have accumulated vast wealth and enormous vaults of data. The proposal to levy companies 1 percent of annual revenue could lead to substantial fines..

Google’s Russian subsidiary, for example, had revenue of 45.2 billion roubles ($687 million) in 2017, according to the SPARK database which aggregates data from business registries gucci cufflinks replica uk sale. “For a foreign company, that’s already a significant amount,” the source at the foreign tech firm said, though they added that it was unclear how the fine would be collected given some companies have no legal entity in Russia. Under the proposed amendments, a fine could also be levied multiple times on the same company for every time it is found to have committed a violation..

By comparison, under current legislation the maximum fine Google in Russia can face in an ongoing case brought against it by Roscomnadzor is 700,000 roubles ($10,595). That case relates to allegations that Google, which is owned by Alphabet Inc. (GOOGL.O), failed to comply with requests to remove search results for organizations that are banned in Russia. Google has not commented on the allegations. Facebook has said it is in discussions with the telecoms watchdog about its compliance with the rules. It has not moved servers containing its Russian users’ data to Russia, three years after a law was passed requiring the move gucci cufflinks replica uk sale.

In addition to stiffer fines, Russian authorities would retain the power to block companies’ online services under the new laws, according to the draft proposal seen by Reuters. The source in the industry lobby group said companies in the sector could accept higher fines if they were applied fairly and they replaced the practice of blocking sites. But he said firms would oppose rules that allow both fines and blocking. “But generally speaking anything that brings order to the system of blocking that has sporadically arisen at various times is an excellent idea,” the source said gucci cufflinks replica uk sale.

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“I think cryptocurrencies will exist, they will become more and more widespread, but they will be part of an ecosystem diamond cufflinks for sale uk sale. They will not be dominant as some of the early adopters believed them to be,” El-Erian said. He disclosed that he had opened a bitcoin account for $400, but only for the purpose of testing it. El-Erian was positive about the outlook for crypto assets because of the growing interest from institutional investors. “We are seeing a rotation going on – retail is becoming more reasonable if you like,” he said. “The exuberance is behind us, and institutions are starting to establish a foothold and that’s good long-term.”..

The former PIMCO co-chief investment officer emphasized that cryptocurrencies are commodities, not currencies. “They don’t have the intrinsic attributes of a currency. It is not going to replace money,” he added. Virtual currencies have been in a steep downtrend since the beginning of the year amid increased regulatory scrutiny and amid some instances of hacks and thefts at crypto exchanges diamond cufflinks for sale uk sale. Bitcoin earlier this week fell to a 14-month low of $3,462.57 on Bitstamp, and was last up marginally at $3,682.10 BTC=BTSP. It has lost 74 percent of its value so far this year, after hitting nearly $20,000 in December last year..

El-Erian said the recent crypto meltdown was not surprising. The market is going through a cycle – that of overconsumption that took bitcoin to nearly $20,000 and overproduction that has resulted in the current sell-off, he added diamond cufflinks for sale uk sale. El-Erian said this is healthy for the market. He admitted he was initially skeptical about bitcoin because it was first presented to him as a global currency, which was never really the case. But he has since changed his mind. “I didn’t initially distinguish between cryptocurrency and the underlying technology. I treated it all as one,” El-Erian said. “As I evolved .. I learned in the process.”..

MOSCOW (Reuters) – Russia plans to impose stiffer fines on technology firms that fail to comply with Russian laws, sources familiar with the plans said, raising the stakes in the Kremlin’s fight with global tech giants such as Facebook (FB.O) and Google. Over the past five years, Russia has introduced tougher internet laws that require search engines to delete some search results, messaging services to share encryption keys with security services and social networks to store Russian users’ personal data on servers within the country diamond cufflinks for sale uk sale.

The plans for harsher fines are contained in a consultation document prepared by the administration of President Vladimir Putin and sent to industry players for feedback, according to three sources familiar with the draft document. At the moment, the only tools Russia has to enforce its data rules are fines that typically only come to a few thousand dollars or blocking the offending online services, which is an option fraught with technical difficulties diamond cufflinks for sale uk sale. The proposal is to amend the legislation so a company not complying with the rules is subject to a fine equal to 1 percent of its annual revenue in Russia, according to the sources and a copy of the document seen by Reuters..

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Well-Safe’s main lever for cost reduction also depends on several operators committing to contracts tuxedo cufflinks uk sale. Ardent is also proposing to oversee a project from production to scrapping the metal onshore. Worley Parsons would operate the platform and maintain the equipment and Lloyd’s Register would plug the wells. “It’s a lot about an emerging set of companies and we don’t yet know which is going to be the winning model,” said Boston Consulting Group’s Philip Whittaker..

“One of the biggest sources of value is how to integrate the decom work with the final stages of the production work.”. With other fields maturing and drying up across the world and some experts expecting demand for oil to peak in the 2030s,the North Sea is a test bed for new decommissioning projects tuxedo cufflinks uk sale. If a company can plug oil wells without leaks and remove thousands of tonnes of steel platforms and pipelines, some 50years old, in the rough, deep seas between Scotland, England and Norway, they should be able to do it anywhere..

Industry body Oil and Gas UK, expects oil companies to spend17 billion pounds ($22.05 billion) on removing around 1,600wells, 100 platforms, and 5,500 km of pipelines in the next seven years. Some 840,000 tonnes of material will be returned to shore to meet environmental regulations. “We’ve got a mature basin with a steady flow of work,” said Joe Laesk, decommissioning manager at Oil and Gas UK tuxedo cufflinks uk sale. “Those resources and expertise can be exportable globally.”. The Gulf of Mexico has had decommissioning projects in its warm, calm waters for years but Southeast Asia is a new hot spot, with more than 1,500 platforms and 7,000 subsea wells expected to be uneconomical by 2038, according to the BCG. That is followed by Latin America, West Africa and the Middle East Gulf..

With so much potential, more established players are also trying different approaches to make decommissioning cheaper. Service vessel group Allseas is experimenting with new ideas. It specializes in subsea construction but is converting huge ships to lift structures as heavy as 48,000 tonnes in one haul. “We lift in a matter of hours and we’re gone,” said Allseas President Edward Heerema tuxedo cufflinks uk sale. The first job for Allseas’ Pioneering Spirit, the biggest construction vessel in the world, was in the Norwegian North Searemoving Repsol’s (REP.MC) 13,500 ton Yme production unit..

FRANKFURT (Reuters) – Deutsche Bank’s (DBKGn.DE) head of the Americas, Tom Patrick, is likely to leave the bank, possibly by the end of the year, two people with knowledge of the matter said on Wednesday. The change comes as Germany’s largest lender restructures its U.S. business and struggles with regulators. A U.S.-based spokeswoman for Patrick declined to comment. Deutsche Bank has made a raft of senior management changes this year, including its chief executive officer, as the bank seeks to become profitable after three years of losses tuxedo cufflinks uk sale.

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Patrick was appointed under Deutsche’s previous chief executive John Cryan. Deutsche has since announced plans to streamline its U.S. operations, and it has failed a U.S. Fed stress test. Pressure is also growing on Sylvie Matherat, Deutsche’s Frankfurt-based chief regulatory officer, amid growing internal criticism, said two people with knowledge of the matter. No move was expected, however, at the bank’s next supervisory board meeting in early December, said one of the people collectible cufflinks uk sale. The supervisory board makes decisions on senior management changes..

A spokeswoman for Matherat declined to comment. Last week, Matherat sought to distance Deutsche Bank from scandal-hit Danske Bank (DANSKE.CO), Denmark’s largest bank, which is facing allegations of money laundering through its Estonia branch. Matherat said the German lender played only a secondary role as a so-called correspondent bank for Danske, limiting what it needed to know about the people behind the transactions collectible cufflinks uk sale. The Wall Street Journal, citing unnamed sources, reported on Tuesday that Deutsche Bank was weighing a shakeup that could result in Matherat’s departure..

Matherat had expressed unhappiness with what she described to some associates as constraints on improving financial-crime controls and mending Deutsche Bank’s relationships with regulators, The Journal said. Germany’s financial watchdog – BaFin – has asked Deutsche Bank to provide information on its dealings with Danske, a person close to the matter said last week collectible cufflinks uk sale. Christian Sewing became CEO in April with the mission of making the bank profitable again and improving its reputation after years of financial problems, as well as hefty fines for its role in the U.S. mortgage crisis and a trading scheme that allowed money laundering from Russia..

On balance, analysts expect Deutsche to post a net profit for 2018, its first since 2014, according to a consensus forecast report on the bank’s website. But revenue is expected to decline this year and next. Deutsche Bank’s shares were down 0.5 percent at midday in Frankfurt, marking a 46 percent decline so far this year. The personnel debate comes even as some outsiders grow more confident in the board under Sewing. “There was a tremendous degree of arrogance on Deutsche Bank’s management board, but that’s not the case now with Sewing and the others on the board,” said a senior banker in Frankfurt collectible cufflinks uk sale.

DHAKA (Reuters) – A group set up by European fashion brands to improve factory safety in Bangladesh has sought a stay on a court order that calls for its local operations to end this week, its executive director said on Wednesday collectible cufflinks uk sale. The group comprises more than 200 firms – including global clothing giants such as H&M (HMb.ST) and Zara-owner Inditex (ITX.MC) – who are signatories to the Accord on Fire and Building Safety in Bangladesh, formed after the Rana Plaza factory collapse in 2013, which killed more than 1,100 people..

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The five-year pact was set to expire in May 2018 but its brand signatories agreed last year to extend it to 2021 to complete remaining safety fixes, while the Bangladesh government set up a national regulatory body to take over its work. A High Court in Bangladesh in May, however, ordered the Accord to shut down by Nov wear cufflinks on normal shirt uk sale. 30, following a petition filed by a local readymade garments supplier against the pact. The group’s inability to inspect factories through the agreement may prompt brands to cut ties with Bangladeshi suppliers, which would hit the country’s economy, which is heavily reliant on garment exports..

“We have submitted an appeal to the Supreme Court..and are working to have a stay issued against the High Court judgment that would close down our office,” Rob Wayss, the Accord’s executive director told Reuters wear cufflinks on normal shirt uk sale. The appeal is likely to be heard on Thursday, a government official said, declining to be named as the information was not public. Shamsuzzaman Bhuiyan, head of the department of factory inspections at the labor ministry declined to comment, saying the matter was before the court..

Low wages have helped Bangladesh build the world’s second-largest garment industry, behind China, with some 4,000 factories employing about 4 million workers. The sector exports more than $30 billion worth of clothes a year, mainly to the United States and Europe. Wayss said the group would move its work to its Amsterdam office if it is forced to shut down in Bangladesh, as the legally-binding contract signed between its brand members extends up to 2021. However, moving operations out of Bangladesh would likely increase the Accord’s costs and also harm suppliers, said Wayss wear cufflinks on normal shirt uk sale.

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NEW YORK (Reuters) – Cryptocurrencies are here to stay despite a prolonged slump this year, and will gain wider acceptance after the recent entry of more institutional investors in the space, Mohamed El-Erian, chief economic adviser at Allianz, said on Tuesday wear cufflinks on normal shirt uk sale. At a CoinDesk conference called “Consensus: Invest in New York,” El-Erian said the participation of institutional investors in various crypto projects, even as retail investors have shied away because of price declines, was a positive sign..

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BERLIN (Reuters) – Siemens paid its chief executive Joe Kaeser a total of 7.82 million euros ($8.82 million) during its 2018 financial year, the German engineering company said in its annual report on Wednesday, up from 7.65 million euros a year earlier. The figure takes into account all different forms of reward, including Kaeser’s fixed salary as well as elements of stock-based compensation at their value on the grant date bvlgari cufflinks replica uk sale. The salary increase of roughly 160,000 euros comes as Siemens reported a decrease in net profit to 5.81 billion euros during 2018, a year in which Kaeser unveiled a new strategy to make the trains-to-turbines maker more nimble and profitable..

Kaeser, who has led Siemens since 2013, unveiled a new plan which will trim the number of Siemens’ industrial businesses to three from five and give them more autonomy. During 2018 the company has been battling a severe downturn in its power and gas business and floated part of its Healthineers medical business bvlgari cufflinks replica uk sale. The annual report also confirmed the company’s outlook for 2019 and its expectations to close the planned trains unit merger with France’s Alstom (ALSO.PA) in the first half of 2019..

PARIS (Reuters) – The arrest of Renault-Nissan boss Carlos Ghosn has triggered new attempts by the Japanese carmaker to shake off the control of its French parent – adding to the problems piling up on President Emmanuel Macron’s desk in the Elysee Palace. But this one, more than most, may be of Macron’s own making bvlgari cufflinks replica uk sale. In April 2015, as a 37 year-old economy minister with then-unknown presidential ambitions, Macron ordered a surprise government stake increase in Renault, designed to secure double voting rights for the state. The overnight move profoundly rattled the Japanese end of the Renault-Nissan alliance..

In the ensuing eight-month boardroom fight between Macron’s ministry and Hiroto Saikawa – Nissan’s second-in-command at the time – many now see the seeds of today’s crisis. When Ghosn’s Gulfstream touched down in Tokyo on Nov bvlgari cufflinks replica uk sale. 19, prosecutors were waiting. Nissan, the company he rescued from bankruptcy and had overseen for almost two decades, outlined allegations of financial misconduct against its chairman and said governance had been eroded by Renault’s control. Saikawa has since contested Renault’s right to appoint executives and directors under the alliance master agreement, in correspondence seen by Reuters. Such fundamental differences now threaten the future of the partnership, which rivals Volkswagen and Toyota on the global auto industry stage..

“President Macron himself has skin in the game,” Max Warburton, an analyst with New York-based asset manager AllianceBernstein, said this week. “He must recognize that his decision in 2015 to increase the French state’s holding in Renault .. likely impacted Japanese perceptions of the alliance and heightened concerns that Nissan was ultimately within the control of the French government.” bvlgari cufflinks replica uk sale. The Elysee declined to comment, but an adviser said the president had “no regrets” about the events of 2015..

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“It didn’t prevent him from being very engaged with his dossiers, given his intelligence and capacity for work,” the ex-minister said quality cufflinks uk sale. “But they were no longer his main concern.”. Ghosn also bears some responsibility for escalating his 2015 battle with the economy minister, he added. “Ghosn had the absolutely insufferable conviction that he was above dealing with ministers, so he’d only ever consider talking to a prime minister – which I doubt endeared him much to Macron, who was also rarely unaware of his own significance.”..

LONDON (Reuters) – Scottish marine salvage group Ardent is adapting the tanks it used to refloat the Costa Concordia, the cruise ship wrecked off the Italian coast in 2012, to decommission North Sea oil platforms. It is one of several companies trying new ideas to win business in the market for dismantling disused oil platforms quality cufflinks uk sale. In Britain’s aging oil fields alone, the opportunities could be worth up to 17 billion pounds ($21.85 billion) before 2025, according to industry body Oil and Gas UK. The ideas could then be deployed to other maturing fields such as in the Gulf of Mexico and southeast Asia..

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Fast-forward three years: Ghosn is gone, detained for now in a Tokyo cell to face accusations that he misappropriated Nissan assets, misrepresented company investments and – partly as a result – massively under-reported his real compensation etsy cufflinks uk sale. He denies the allegations, according to NHK television. And yet the same Nissan demands are back on the table. “The terminology, the phrases and vocabulary we’re hearing today are much the same as in 2015,” said another former French government official, now an investment banker..

“We didn’t believe Ghosn when he presented the Japanese position, but in fact it was no invention.”. Macron’s pressure for a full Renault-Nissan merger also raised hackles in Japan months before the Nissan whistleblower probe that led to Ghosn’s arrest and ouster as chairman. Having previously insisted that France would first have to sell its Renault stake, Ghosn agreed this year here to explore a closer tie-up in return for the renewal of his Renault CEO contract with government backing, and he then revived deal talks etsy cufflinks uk sale.

This week, executives from Renault, Nissan and Nissan-controlled Mitsubishi (7211.T) are gathering for the first time since Ghosn’s arrest etsy cufflinks uk sale. The Amsterdam meetings are aimed at keeping shared plants and programs ticking over in the sudden absence of a global leader, and averting conflict. But as the appointments dispute threatens to escalate into a new boardroom fight, Renault’s hand is critically weakened by another deal Macron struck to end the last stand-off. At the end of 2015, as tension mounted over Nissan’s threat to sever alliance ties, France agreed here to cap its Renault voting rights at 18 percent for most non-strategic decisions..

But the Macron-backed “stabilization” agreement went further, with a binding pledge by Renault never to oppose the Nissan board at a company shareholder meeting. In the now-unfolding tussle over directorships, that is a handicap. The reversal was a staggering “failure of oversight” from a government that had intervened to protect what it saw as Renault’s interests, according to Loic Dessaint, CEO of Proxinvest, a Paris shareholder advisory firm. “It’s nothing less than the abandonment of Renault’s rights over its main asset,” Dessaint said on Tuesday etsy cufflinks uk sale. “Renault has effectively forfeited its votes in Nissan.”..

He added: “Now we’re approaching a situation where they realize too late it’s had an impact on their negotiating position. The alliance power balance is already upended.”. When approached by Reuters, former president Hollande declined to comment on his administration’s handling of the voting rights saga of three years ago. But Macron’s cabinet colleague said he seemed distracted towards the end of the year when – as is now known – he was preparing to launch En Marche, the political party that eventually carried him to the presidency. The web address en-marche.fr was registered on Jan etsy cufflinks uk sale. 7, 2016, less than four weeks after the Renault-Nissan deal was brokered..