Europe

GDPR (General Data Protection Regulation)

GDPR (General Data Protection Regulation): European Union (EU) data-privacy rules (effective 25May2018) providing individuals with more control of their personal data and strict rules on hosts or processors of such data. *** TROVELOG *** Companies will need to be more transparent about the management of employee data or risk getting caught on the wrong side of the [...]

BRIC

acronym for the four large, rapidly growing economies of Brazil, Russia, India, China          Jim O’Neill, the chairman of Goldman Sachs Asset Management . . . is perhaps best known as the economist who nearly a decade ago coined the acronym BRIC — for Brazil, Russia, India and China — developing economies that, [...]

Apple/ cash

       [Some Apple investors have] deep frustrations over Apple's cash pile, a $50 billion lode that is expected to swell to $70 billion by year-end. The vast sum exceeds the gross domestic product of two-thirds of the world's countries—and all but 36 of the market values of companies in the Standard & Poor's 500-stock [...]

seven noir dwarfs

       “Three Seconds” [a Swedish crime novel], . . . is not the first book written by the odd-couple team of Anders Roslund (journalist) and Borge Hellstrom (ex-criminal).   But “Three Seconds”  [is their first] book that has been wishfully packaged to suggest that “The Girl With the Dragon Tattoo” has a second cousin. . [...]

grease payments

small payments that are made by a foreign company in some countries to facilitate the initiation of certain services.   The new [British] law, called the Bribery Act, takes effect in April [2011]. It resembles the U.S. Foreign Corrupt Practices Act [FCPA], which bars companies that trade on U.S. exchanges from bribing foreign government officials [...]

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