hedge funds

After posting positive results, Casino group to expand services

The financial results which were revealed on March 14th were not the only good news for French Casino, the retail group headed by Jean-Charles Naouri. They confirmed to the Group as well as the markets that the investment choices made in the past 18 months were relevant, and clearly indicate the way ahead for the French giant. Amongst the new offers, Casino intends to considerably develop the services offered, in order to adapt to the market mutations.

Facial recognition technology is getting massive funding in China

Global investors, including U.S. hedge funds, are increasingly cashing-in on China’s demand for increased state surveillance through smart CCTV cameras that can track and monitor suspects, including dissidents and activists, with a disregard for individual’s rights. As far as the business side of things are concerned, according to IHS Markitt, China’s surveillance industry grew by an annual compound rate of 12.4% and is set to maintain this neck-breaking-pace upto 2021.