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.... This is quite apart from the potentially dire impact Brexit may have on centrifugal forces in the EU as a whole – forces, we learn from US intelligence agencies, that were being encouraged by President Putin and his sidekick Donald Trump in the run-up to the 23 June referendum. I gather that the trade secretary Liam Fox, who not so long ago had to have the definition of a customs union and the single market explained to him, was asked recently which economy he would like a “newly free England” to resemble, ruling out Hong Kong and Singapore, both of which seem to have an absurd attraction to extreme Brexiters as models for our rather different economy. ... [Read full article on Guardian ]
Sunday 26th of March 2017 07:03:24 AM
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We’re in a fine mess if George Osborne is our last hope of halting Brexit image
.... This is quite apart from the potentially dire impact Brexit may have on centrifugal forces in the EU as a whole – forces, we learn from US intelligence agencies, that were being encouraged by President Putin and his sidekick Donald Trump in the run-up to the 23 June referendum. I gather that the trade secretary Liam Fox, who not so long ago had to have the definition of a customs union and the single market explained to him, was asked recently which economy he would like a “newly free England” to resemble, ruling out Hong Kong and Singapore, both of which seem to have an absurd attraction to extreme Brexiters as models for our rather different economy. ...
No-deal Brexit 'would put UK in worst trading position of rich nations' image
.... “Understand, it’s a contingency plan – the aim is to get a good outcome,” he said. Liam Fox, the international trade secretary, said his department was setting up a committee specifically tasked with examining what might happen if there were no EU deal. ...
Car wars image
Source : BBC [Read Article] Tuesday 28th of February 2017 01:04:48 AM
.... . They also fear that allowing third parties to peer in to their cars' "brains" would jeopardise "trade secrets, know-how or information covered by intellectual property rights". ...
EU states back call for UK to agree €60bn exit bill before trade talks image
Source : Guardian [Read Article] Friday 24th of February 2017 05:06:20 PM
....“Although an agreement on a future relationship between the United Kingdom and the EU is, from a long-term perspective, a key part of the process, it should be preceded by an agreement on the basic outline of the conditions for the UK’s withdrawal from the European Union, which will serve as the framework for negotiations on future relations,” the parties write. The UK trade secretary, Liam Fox, has previously described the idea that Britain will be faced with a large bill at the start of article 50 negotiations as “absurd”, while some backbenchers have urged May to walk out on talks rather than engage in discussions about heavy liabilities. ...
Theresa May signs £100m fighter jet deal with Turkey's Erdoğan image
Source : Guardian [Read Article] Saturday 28th of January 2017 02:30:02 PM
.... That could include lowering so-called non-tariff barriers, such as bans on particular products, and cutting down on regulations. Liam Fox, the international trade secretary, has been travelling around the globe seeking to lay the groundwork for future trade talks. ...
Brexiters expect to leave the EU on a free trade ‘crusade’. What if they are wrong? image
....This report, and others like it, showed most academic economists continue to be sceptical about the strength of UK manufacturing and its ability to overcome higher barriers for exports destined for the EU, as well as to strike fresh deals further afield. In answer to this downbeat view of the economy, international trade secretary Liam Fox has sent his team to 55 countries and is “actively making representations to overseas buyers and governments, organising key meetings and missions, showcasing UK products to overseas buyers and providing direct financial support”. ...
Labour calls for closer scrutiny of tech firms and their algorithms image
Source : Guardian [Read Article] Sunday 18th of December 2016 06:12:07 PM
.... Google’s shopping and advertising services are under investigation by the European commission, while Uber drivers won a landmark case at a London tribunal this autumn to be considered as employees of the ride-hailing app, and therefore entitled to a minimum wage and holiday pay. The equations behind the operations of digital businesses are a closely guarded trade secret. ...
Strong-arm Apple and tax China bigly: a guide to Trump's possible tech policies image
.... China is the manufacturing engine that drives the technology and consumer electronics sectors, with “advanced technology products” accounting for $103bn of all US imports from China in 2016 so far. “If China does not stop its illegal activities, including its theft of American trade secrets, I will use every lawful presidential power to remedy trade disputes, including the application of tariffs,” he told a crowd in Pennsylvania on 28 June. ...
TTIP was defeated by activists – Trump just exploited public anger over it | Nick Dearden image
.... When combined with his tendency for rightwing protectionism – using state support and tariffs to dump your economic problems on neighbouring countries – and deep racism, we have the essence of fascist economic policy. Particularly frightening is how some of the “free traders” who supported Brexit, such as trade secretary Liam Fox and backbench MP Jacob Rees-Mogg, are keen to make their own trade deal with Trump as quickly as possible. ...
Ctrl+Z: Silicon Valley leaders U-turn on Donald Trump image
Source : Guardian [Read Article] Friday 11th of November 2016 10:00:16 AM
.... He hinted that he might go after Amazon for its growing monopoly in online retail, telling Fox News that Bezos has “a huge antitrust problem”. He vehemently opposed the Trans-Pacific Partnership, which was supported by a large coalition of tech industry lobbying groups, who wrote in a letter to congressional leaders that the trade deal would “keep borders open to the free flow of data, provide a strong and balanced intellectual property framework, prohibit data localization requirements and other barriers to digital trade, and protect trade secrets, among many other benefits”. ...
Marmite: A potted history of the British-born spread image
Source : BBC [Read Article] Friday 14th of October 2016 09:12:16 AM
....The original recipe for Marmite contained yeast extract, salt, spices and celery. Later, folic acid, vitamin B12, thiamin and riboflavin - vitamins that occur naturally in some foods - were added in high concentrations, but the exact composition of the spread remains a trade secret. ...
Liam Fox predicts free EU trade post-Brexit image
Source : BBC [Read Article] Thursday 29th of September 2016 11:04:47 AM
....Liam Fox is aiming high. The international trade secretary told an audience of business leaders in Manchester that when Britain leaves the EU, he wants it to have a trade environment with European economies that is at least as free as it is now. ...
Britain 'too lazy and fat', says Trade Secretary Liam Fox image
Source : BBC [Read Article] Saturday 10th of September 2016 12:29:52 PM
....Britain is "too lazy and too fat" with businessmen preferring "golf on a Friday afternoon" to trying to boost the country's prosperity, Liam Fox has said. The international trade secretary's remarks, at a Conservative Way Forward event, were recorded by the Times. ...
Samsung denies keeping information on toxins from workers image
Source : BBC [Read Article] Thursday 11th of August 2016 06:43:36 AM
....The families of workers say there are about 200 cases of employees contracting serious diseases, including cancer, an investigation by the Associated Press news agency found. Samsung withheld the information saying it came under trade secrets, said AP. ...
UK offered Brexit free trade deal with Australia image
Source : BBC [Read Article] Sunday 17th of July 2016 04:25:25 AM
....In a phone call to the new PM, her Australian counterpart Malcolm Turnbull said he urgently wanted to open up trading between the two countries. Liam Fox, the new international trade secretary, said he was already "scoping about a dozen free trade deals". ...
Former PwC employees face trial over role in LuxLeaks scandal image
Source : Guardian [Read Article] Sunday 24th of April 2016 03:26:49 PM
....”. Earlier this month, the European parliament approved new rules to protect corporate trade secrets which, according to campaigners, risk deterring future whistleblowing. ...
Whistleblowers fear new European law image
Source : BBC [Read Article] Wednesday 13th of April 2016 11:01:52 PM
.... . According to the European Commission, one in five companies in Europe suffered an attempt to steal trade secrets in the last 10 years. ...
Port Talbot steel crisis: why we can't just blame Brussels image
Source : Guardian [Read Article] Tuesday 5th of April 2016 12:12:31 PM
.... One of the more boneheaded consequences may be a boost for the Brexit campaign. It is not as if the Swansea-born former deputy prime minister, ex-trade secretary and self-made wealthy entrepreneur is sentimental about the industry, any more than he was when he forced pit closures in the 90s. ...
Nationalisation is a red herring. But the state should save steel | Martin Kettle image
.... It’s why, I assume, he insisted that the UK should veto any European Union attempt to impose anti-dumping tariffs on China. And it’s surely why just about the first thing that Javid did this week when the Tata sale was announced was to insist that nationalisation was not the answer to Port Talbot’s problem, even while his deputy Anna Soubry was saying that all options were open, and when even the veteran Eurosceptic Thatcherite Peter Lilley, himself a former trade secretary, was admitting that state ownership had to be seen as a necessary last resort if no buyer comes forward. ...
Five charged over GSK secrets scheme image
Source : BBC [Read Article] Thursday 21st of January 2016 08:44:02 AM
. Five people have been charged in the US with scheming to steal trade secrets from the drugs giant GlaxoSmithKline with the intention of selling them in China. ...
ARM: Britain's most successful tech company you've never heard of image
Source : Guardian [Read Article] Sunday 29th of November 2015 06:00:19 AM
....That way of working has a number of pay-offs that serve to make ARM unique. It’s one of the few companies that arch-competitors trust with their trade secrets. ...
Trans-Pacific Partnership: four key issues to watch out for image
Source : Guardian [Read Article] Friday 6th of November 2015 04:56:47 AM
....”. Rimmer also points to another area of potential controversy in the IP chapter: criminal procedures and penalties in respect of disclosure of trade secrets, computer crimes and espionage. ...
US and China agree cybercrime truce image
Source : BBC [Read Article] Friday 25th of September 2015 10:15:38 PM
.... . The deal covers the theft of trade secrets but not national security information. ...
Vodafone under pressure over leaked email on 'hacking' of reporter image
Source : Guardian [Read Article] Wednesday 16th of September 2015 02:39:27 AM
....The company has maintained that Vodafone management did not ask the two investigators who were involved to access O’Brien’s phone records, and that a review commissioned by the company found management had not instructed them to take that action. Related: Vodafone's 'unforgivable' breach of trust no longer a trade secret. ...
Is company's claim of meat without murder too good to be true? image
Source : Guardian [Read Article] Saturday 5th of September 2015 11:00:07 AM
.... Mark Post, a professor at Maastricht University in the Netherlands, is currently experimenting with growing in vitro meat in non-animal-derived serums, but he admits that he doesn’t even know what’s in them. (They are apparently the trade secrets of their third-party developers. ...
Pharmaceutical firms spend €40m a year for 'privileged access' to EU decision-makers image
....• How patients are effectively asked to fund drug “research” costs twice, as many costs are already covered by taxpayer-funded universities  that often carry out research and development before pharma companies buy the rights. Among the EU laws targeted or shaped by the industry include rules around clinical trials’ data transparency, trade secrets, and the negotiation of the EU-US trade deal, the Transatlantic Trade and Investment Partnership (TTIP), the report said. ...
What will it take for brands to deliver on the promise of greener chemicals? image
....Meanwhile, SC Johnson has taken an industry-leading stance on ingredient transparency, becoming the first consumer product company to disclose fragrance ingredients in its products. Fragrance ingredients have long been protected under trade secret status, but public health advocates have been calling for more transparency for years. ...
Bratz are back after Barbie owner fails to kill franchise image
Source : Telegraph [Read Article] Saturday 18th of July 2015 06:05:35 PM
...." . The tables were turned in the 2011 retrial, when a federal jury sided with MGA after finding that Mattel had stolen trade secrets from its smaller rival. ...
Source : Independent [Read Article] Tuesday 30th of June 2015 04:15:00 AM
....The possible merger will create the UK’s biggest bookmaker – with about 4,000 of the country’s 9,000 betting shops – and significantly boost the company’s online offering, which has trailed badly behind rivals such as William Hill. The deal is likely to attract the attention of competition authorities, after a tie-up between the two companies was rejected by the then trade secretary, Peter Mandelson, in 1998. ...
Ladbrokes and Coral are two bookies Warren Buffett wouldn’t bet on image
Source : Guardian [Read Article] Sunday 28th of June 2015 08:00:04 AM
....Of course, this has been attempted before, when Ladbrokes’ bid to take over Coral for £363m in 1998 was blocked by the then plain old Peter Mandelson. Apparently, the combination would have “damaged competition” – which, considering Ladbrokes’ efforts to compete with bitter rival William Hill since, now looks like one of the former trade secretary’s better jokes. ...
Ladbrokes and Coral could join forces to create the biggest bookmakers in the UK image
.... . The tie-up was rejected by then trade secretary Peter Mandelson back in 1998 but Mullen said: "That was back then. ...
Fitbit chief puts on $700m as flotation runs away with itself image
Source : Independent [Read Article] Thursday 18th of June 2015 07:15:47 PM
.... A rival activity-tracking technology company, Jawbone, has launched a lawsuit against it for a second time, alleging that it has infringed its intellectual property. Jawbone, whose earlier suit claims that Fitbit poached staff and bought trade secrets, is now suing over claims that it is illegally using technology developed by BodyMedia, a company acquired by Jawbone for $100m in 2013. ...
Fitness gadget company Fitbit valued at £3.7bn in New York IPO image
Source : Telegraph [Read Article] Thursday 18th of June 2015 01:02:00 PM
.... . Last month Jawbone alleged that Fitbit and a group of employees who quit Jawbone to work for Fitbit stole trade secrets, business plans, market research and other information. ...
Wearable fitness gadget maker Fitbit valued at more than £2.5bn image
Source : Guardian [Read Article] Thursday 18th of June 2015 09:26:03 AM
....Jawbone has filed two lawsuits against Fitbit in an escalating legal battle between the two rivals. Last month, Jawbone alleged that Fitbit and a group of employees who quit Jawbone to work for Fitbit stole trade secrets, business plans, market research and other information. ...
SC Johnson releases list of fragrances in its Glade air fresheners image
Source : Guardian [Read Article] Thursday 11th of June 2015 06:43:25 PM
....Consumer goods producer SC Johnson this week disclosed the fragrance ingredients in all of its Glade products, marking the first time a full list of such ingredients has been released on a product-specific level. Companies aren’t required to disclose fragrance components, which are considered trade secrets. ...
China group 'stole US trade secrets' image
Source : BBC [Read Article] Tuesday 19th of May 2015 06:14:17 PM
....The pair and others allegedly then set up a company at Tianjin to manufacture FBARs using the stolen technology. "The defendants leveraged their access to and knowledge of sensitive US technologies to illegally obtain and share US trade secrets with [the Chinese government] for economic advantage," said John Carlin, the Assistant Attorney General for National Security. ...
Starbucks executive apologises for accusing a customer of being a Chinese spy image
. A Starbucks executive has reportedly called a customer to apologise after he accused the man of trying to steal trade secrets to take back to China during a chance meeting in a Seattle store. ...
Luxembourg whistle-blower plays down role in tax deals image
Source : Independent [Read Article] Tuesday 16th of December 2014 01:08:42 AM
....A Frenchman accused of being the whistle-blower in the LuxLeaks tax avoidance scandal said yesterday that he had played only a small and inadvertent role in the affair. Antoine Deltour, 28, was formally accused in Luxembourg last Friday of theft, money-laundering and exposing trade secrets. ...
The secret chemicals in perfume are about to be unbottled image
Source : Guardian [Read Article] Wednesday 15th of October 2014 05:37:42 PM
. The term “fragrance” has, for decades, hidden all manner of ingredients: somewhere between 10 to 50 chemicals, in most products, which don’t have to be disclosed on labels because they are considered trade secrets under the US Fair Packaging and Labeling Act. ...
FBI's James Comey accuses China of hacking into every major American company image
. FBI director James Comey has accused China of engaging in widespread corporate hacking in an attempt to steal trade secrets from America's biggest companies. ...
Wasabi: Why invest in 'the hardest plant to grow'? image
Source : BBC [Read Article] Wednesday 17th of September 2014 11:20:37 PM
....He notes in particular that wasabi is especially prone to disease when planted on a large scale. But finally, after working with graduate students at UBC, he developed a method - which is now a trade secret - that allows wasabi to be cultivated on an industrial scale without succumbing to disease. ...
'Spying' devices found at Ford HQ image
Source : Telegraph [Read Article] Friday 25th of July 2014 02:19:21 PM
.... . Marshall Tauber, a lawyer for Ms Leach said that security officials feared she was stealing trade secrets by hiding recording devices in meeting rooms. ...
China national charged in hacking plot to steal US military data image
...."We have repeatedly made it clear that the United States will continue using all the tools our government possesses to strengthen cyber-security and confront cyber-crime," spokesman Marc Raimondi said. Boeing released a statement saying it was co-operating with the US authorities to hold accountable "individuals who perpetrate economic espionage or trade secret theft against US companies". ...
BNP Paribas fine could be followed by other banks image
Source : Telegraph [Read Article] Tuesday 1st of July 2014 07:21:12 PM
.... . Michel Sapin, France’s finance minister, said on Tuesday that BNP Paribas will “continue to be able to finance economic activity in satisfactory conditions”, while the country’s trade secretary Fleur Pellerin said the case did not put at risk negotiations over a trade deal between the European Union and the US. ...
America sues China over corporate spying image
Source : Telegraph [Read Article] Monday 19th of May 2014 07:32:40 PM
...." . According to the indictment, five hackers “stole trade secrets” which allowed Chinese companies to undercut their American competitors, or gave them “insight into [their] strategy and vulnerabilities”. ...
US justice department charges Chinese with hacking  image
Source : BBC [Read Article] Monday 19th of May 2014 03:42:25 PM
....Attorney General Eric Holder said the alleged breaches were "significant" and demanded "an aggressive response". US prosecutors say the officers stole trade secrets and internal documents from five companies and a labour union. ...
Source : Independent [Read Article] Friday 16th of May 2014 11:00:00 PM
....What does matter, though, is the make-up of the next European Commission, the bloc's executive and where the real power lies. Whether Mr Cameron's nominee this summer is the Leader of the House, Andrew Lansley, or the former trade secretary Peter Lilley, it would be helpful to grab the internal markets brief currently held by Michel Barnier. ...
Investors lose taste for Just Eat as tech stocks slide image
Source : Telegraph [Read Article] Tuesday 8th of April 2014 05:04:39 PM
.... . However, the company’s prospectus to investors, which was released after the company began conditional trading says one of the risks to Just Eat’s growth is that “third parties may independently discover the Company’s trade secrets or access proprietary information or systems and, in such cases, the Company may not be able to rely on any intellectual property rights to prevent the use of such trade secrets, information or systems by such parties”. ...

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