BROWSING PEACEFULLY at a waterhole, the herd of two dozen elephants seems oblivious to the car that has stopped 100 metres away and disgorged three visitors to gawp at them. The vast expanse of the Kafue National Park in western Zambia is quiet and deserted of other people. These humans are just curious, but potential killers would be hard to stop. An anti-poaching unit based about 20km away tries to protect the animals in the park’s 22,000 square kilometres, with just 27 rangers working shifts, and a few jeeps and rifles. Given the odds, and the rewards poaching brings, they have been remarkably successful. The park is home to leopards, rare antelope, hippos, pangolins, aardvarks and crocodiles as well as elephants, of which Kafue had about 60,000 in the 1960s, when it also had one of the world’s largest populations of black rhinos. But in the 1980s, the very last black rhino was poached. The elephant population has dwindled to 4,000. Get our daily newsletter Upgrade … [Read more...] about How to curb the trade in endangered species
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Adam Levy The Motley Fool Published 10:00 AM EDT Jul 27, 2019 Amazon sells more items from third-party merchants than it sells directly to customers itself. The company's marketplace business is worth more than twice as much as its retail operations, according to at least one analyst. And with the percentage of sales coming from third parties growing every year, Amazon represents a huge threat to eBay, which exclusively offers a marketplace to connect sellers and buyers. One of the biggest drivers of Amazon's third-party sales is its Fulfillment by Amazon service. Merchants can ship their inventory to an Amazon warehouse where Amazon then places that inventory throughout its fulfillment network. Doing this, it can ensure those products get to customers' doorsteps in two days or less with Prime shipping. eBay wants in on that action. The online auction house has been piloting a program that allows sellers to take advantage of pooling their business with other eBay sellers to get … [Read more...] about eBay Management Delivery: Its plan to take on Amazon
Concerns over the strength of the German economy are growing. A steady upswing of the eurozone’s powerhouse may be over. The weaker economic growth expected this year is considered “a wake-up call” for the government. Let’s find out what to expect from the German stock market news in light of gloomy official figures. Stormy times for the German economy According to the recent updates, this year the German government expects a weaker gross domestic product growth of 0.5 per cent, which is 1 per cent weaker than previously forecasted. With leading economists lowering their price forecasts to 0.8 per cent, this forecast seems even more pessimistic. Peter Altmaier, the German minister of the economy, called the new figures a “wake-up call” for the country, pushing officials to think of ways to stimulate growth and future development. Among the reasons of a weaker forecast, Mr Altmaier mentioned an overall slowdown of the global economy, the heated … [Read more...] about German stock market outlook 2019: is the economic upswing over?
print-edition icon Print edition | Finance and economics May 23rd 2019 | NEW YORK IF THE BEST way to get rich is by managing other people’s money, it helps if your clients control a lot of it. For private-equity firms and hedge funds, that means courting pension-fund managers, investment bankers and the like. For the top wealth managers, the money in question belongs to the super-rich, whom they advise on asset allocation, tax planning and even which artists should adorn their walls. Now some are starting to tout for the custom of the merely well-heeled. On May 16th Goldman Sachs paid $750m in cash for United Capital Financial Advisors, a wealth-management firm based in California that manages $25bn-worth of assets for 22,000 clients. It was Goldman’s biggest acquisition in two decades. Get our daily newsletter Upgrade your inbox and get our Daily Dispatch and Editor's Picks. It accelerates the firm’s shift of emphasis under David Solomon, who became its boss … [Read more...] about Goldman wants to manage the assets of the middling rich
Google has blocked Huawei from updating parts of its Android software used on Huawei phones. Huawei is one of a number of phone manufacturers who use Google’s Android operating systems on its phones and tablets. Google confirmed this morning that it has blocked the update on Huawei products in order to comply with a US government order blacklisting the Chinese tech firm. Last week Donald Trump signed an executive order which effectively bans the Chinese firm from using American technology without government permission. 'Foreign adversaries' Google said that it was “complying with the order and reviewing the implications,” while assuring users that their current phones would continue to work. The order - which empowers the US government to ban the technology and services of "foreign adversaries" deemed to pose "unacceptable risks" to national security - did not name specific countries or companies. A spokesperson for Google said: "For users of our services, Google Play … [Read more...] about Google blocks Huawei updates to comply with Trump’s order