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Businesses’ use of personal data at risk

Abu Dhabi / Emirates Business A new report from Accenture (NYSE: ACN) warns that businesses’ use of personal data from consumers is at risk and recommends key strategies and principles to properly protect consumer data, build trust and simultaneously grow their businesses. The report, “Guarding and Growing Personal Data Value,” acknowledges the benefits of using personal data to support innovation ...

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Vietnam’s economy at risk

Beijing / AP Vietnam risks being vulnerable to external shocks if it doesn’t push through reforms to strengthen its banking system and restructure state businesses, according to International Monetary Fund chief Christine Lagarde. The Southeast Asian nation isn’t in a position to withstand economic blows from tightening of monetary policies elsewhere, a deep and prolonged drop in commodity prices and ...

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China plans to triple solar power capacity in 5 years

Beijing / Bloomberg China plans to more than triple solar power capacity by 2020 to as much as 143 gigawatts to help reduce carbon emissions. The country will add 15 to 20 gigawatts of photovoltaic power annually in the next five years, Nur Bekri, head of the National Energy Administration, said in a conference in Beijing on Monday. China accounted ...

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