Tuesday, 16 July 2019

Business

British Airways service resumption to promote Pak-UK links: Mark Field

LONDON: British Minister for Asia and the Pacific, Mark Field said that the launch of direct flights between Pakistan and United Kingdom (UK) would help promote business and trade besides increasing links between the two countries. “The launch of direct flights between our two capitals is excellent news for both ...

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TikTok’s owner launches Flipchat messaging app

LONDON: As TikTok continues to dominate app download charts, its parent company, ByteDance, is looking to extend its reach even further. ByteDance launched a new messaging-focused app, as reported by TechCrunch. Feiliao, or Flipchat in English, is a messenger app that encourages users to form and join chat groups based ...

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Breakup isn’t the answer, Zuckerberg says

SAN FRANCISCO: Facebook chief Mark Zuckerberg rejected the idea of breaking up the social media giant as off-target, saying it could hamper the fight against deceit and harmful online content. The Facebook co-founder’s defense of the leading social network came as it reported it recently disabled billions of bogus accounts ...

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GSK brings back bonuses for some sales reps

LONDON: British drugmaker GlaxoSmithKline said it will reintroduce incentive payments for sales representatives in some countries to retain talent after stopping them for years in the wake of scandals over illegal sales practices. Loosening the reins on bonuses will “uphold our ethical and values-led approach to (healthcare professional) engagement, in ...

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Data watchdog opens first investigation into Google

PARIS: The State’s data watchdog has opened its first investigation into Google to examine a suspected infringement of EU privacy rules covering the sharing of personal data of internet users. The Data Protection Commission has begun a statutory inquiry – the regulator’s 19th investigation into a big tech company – ...

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Two UK carriers drop plans to sell Huawei’s 5G phone

LONDON: The recent decision by the US government to ban Huawei from using US technology is having some ripple effects far more than we envisage. A host of companies outside the US have cut ties with Huawei, the latest being ARM. These developments will, no doubt, have some effects on the company’s ...

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US lawmakers introduce bill to help US companies remove Huawei equipment

WASHINGTON: According to the new bill, the US Administration will help poorer US companies rid themselves of Chinese equipment which allegedly poses a threat to US national security. A bipartisan group of US lawmakers introduced legislation which aims to help US companies replace Chinese telecom equipment if such equipment is deemed a ...

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Huawei’s own operating system after Android ban

HONG KONG: Google’s decision to partially cut off Huawei devices from its Android operating system has presented the Chinese tech titan with one of its most dramatic challenges yet: how to keep up with the competition if it cannot use the platform that powers nearly every other smartphone in the ...

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McDonald’s faces 25 new sexual harassment complaints

NEW YORK: McDonald’s Corp was accused in 25 new lawsuits and regulatory charges of condoning sexual harassment in the workplace and retaliating against employees who speak up. The cases announced by the American Civil Liberties Union (ACLU), the labor group Fight for $15, and the Time’s Up Legal Defense Fund ...

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Japan’s Trade Surplus Falls Sharply As Exports Drop

TOKYO: Japan’s trade surplus dropped by around 90 percent in April, official data showed Wednesday, with exports affected by a slowdown in China’s economy as it wages a trade war with Washington. Meanwhile, Japan’s politically sensitive trade surplus with the United States grew 17.7 percent in April from a year ...

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