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Financial service firm EY aims to double the size of its cybersecurity team in China “within next 18 months” to meet surging demand in the market where its cybersecurity revenue soared 50 percent annually Nacho Fernandez Copa Mundial Camiseta , Shanghai Daily learned today.

EY, one of the Big Four accounting companies, is also seeking merger and acquisition opportunities in China, Paul van Kessel, leader of EY Global advisory cybersecurity team, added.

EY plans to have 300 security specialists in eight Chinese cities, including Shanghai Kepa Arrizabalaga Copa Mundial Camiseta , hopefully within next 18 months, double the current level, van Kessel said during an interview in EY Shanghai office.

Demand for cybersecurity, which covers issues like careless employees opening emails or links with malware, ransomeware attacks and compliance with national security laws, has surged among companies in China. In Asia Pacific, the identification (security threat) market is expected to hit US$2 billion in 2017 Luis Alberto Copa Mundial Camiseta , according to EY.

In China, EY's revenue has grown 50 percent annually and it is expected to maintain a “double digit” growth rate.

In China, EY said it cooperates with partners including Microsoft and Nokia as well as domestic brands like Huawei and Alibaba to offer customers various services.

SYDNEY, Nov. 20 (Xinhua) -- Leading Australian experts have called on the country's governments to hold tobacco companies accountable for damage done to people's health by taking them to court.

In an article published in the Medical Journal of Australia, public health experts from Macquarie University and Curtin University called on state and federal governments to seek remuneration from tobacco companies for the burden put on the public health system by smoking-related illnesses.

The authors, led by Macquarie University Health Studies lecturer Ross Mackenzie, said that Australia could use Canada Vitolo Copa Mundial Camiseta , where the province of British Columbia's right to sue the tobacco industry was upheld by the Supreme Court, as a precedent.

"An estimated 2.6 million adult Australians were smokers in 2014, and smoking remains the country's leading preventable cause of death and disease," they wrote.

"It causes 15, 000 deaths annually and is likely to kill two-thirds of current users. Annual health, social and economic costs of smoking were estimated at more than $31.5 billion in 2008, and are now considered to be substantially greater."

Mackenzie and colleagues said there were lessons to be learnt from the Canadian experience.

"A major recovery in Australian litigation could potentially push an Australian subsidiary of a global cigarette manufacturer into bankruptcy Thiago Alcantara Copa Mundial Camiseta , depriving plaintiffs of the opportunity to recover full damages... (It is) imperative that the parent (tobacco) companies remain as defendants in legal actions in order to satisfy the large damage awards necessary to provide just financial compensation," they said.

"Beyond the potential to recover billions of dollars spent on treatment of diseases caused by smoking, publicity around legal action would also emphasize the health and social impacts of tobacco industry corporate behaviour, furthering the denormalization of smoking in Australia and generating public and political support for further public health measures."

PARIS, Nov. 28 (Xinhua) -- The first RMB-denominated climate bond issued by a Chinese bank was listed Tuesday on the Euronext stock exchange here.

The bond had been successfully issued on Nov. 15 in three trenches, namely 700 million euros, 500 million U.S. dollars Jose Callejon Copa Mundial Camiseta , and one billion Chinese yuan, by the Bank of China (BOC) Paris branch, while the order book had been oversubscribed more than 2.6 times, said Pan Nuo, head of BOC Paris branch.

The proceeds are mainly for green projects of wind power stations etc., Pan said.

The listing of this bond on Euronext "has a special meaning" as it comes close to the second anniversary of the Paris Agreement and French President Emmanuel Macron's upcoming visit to China, Chinese Ambassador to France Zhai Jun said at the listing ceremony.

Zhai added that he was convinced that in the sector of sustainable development and finance Saul Niguez Copa Mundial Camiseta , there was huge potential for China and France to strengthen cooperation. (1 euro = 1.19 U.S. dollars)

WASHINGTON, Oct. 18 (Xinhua) -- U.S. economy continues to modest and moderate growth in September through early October, despite major disruptions brought by hurricanes to some regions and industries, the Federal Reserve said on Wednesday.

"Reports from all 12 Federal Reserve Districts indicated that economic activity increased in September through early October, with the pace of growth split between modest and moderate," said the Fed in its latest survey on economic conditions, known as the Beige Book.

During the reporting period Alvaro Morata Copa Mundial Camiseta , hurricanes Harvey and Irma brought major disruptions to industries, such as transportation, energy and agriculture, in some areas in Richmond, Atlanta, and Dallas districts, said the report.

Despite the disruptions Andres Iniesta Copa Mundial Camiseta , economic activities in these regions maintained moderate growth during the period, according to the report.

The report showed that employment growth was modest, while labor markets remained tight as employers were having difficulty in finding qualified workers, particularly in industries, such as construction, transportation, skilled manufacturing Sergio Busquets Copa Mundial Camiseta , and some health care and service positions.

However, wage growth and the price pressures remained modest, said the report.

Fed chair Janet Yellen said recently that the biggest surprise in the U.S. economy this year has been inflation which has been slowing down since January.

She expected the hurricanes will likely weigh down on economic growth in the third quarter, but a rebound thereafter.

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