Wednesday, 18 September 2019

Business

Skype joins list of apps on China blacklist

SHANGHAI: Skype has apparently joined the lengthening list of internet communication tools on China’s blacklist, with Apple saying Wednesday it was ordered to clear its download store of apps that violate national laws. Skype is no longer available for download on the China Apple Store or Android sites, with Chinese web-users saying ...

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Two Britain-based EU agencies to be relocated to Amsterdam, Paris

uk

BRUSSELS: After hours of fierce bargaining and compromising, ministers of 27 European Union (EU) members voted on Monday to relocate Britain-based European Medicines Agency (EMA) and the European Banking Authority (EBA) to Amsterdam and Paris respectively. Amid a lingering deadlock of Brexit talks, Monday’s relocation is largely seen as an ...

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Uber Paid Hackers to Delete Stolen Data on 57 Million People

NEW YORK: Hackers stole the personal data of 57 million customers and drivers from Uber Technologies Inc., a massive breach that the company concealed for more than a year. This week, the ride-hailing firm ousted its chief security officer and one of his deputies for their roles in keeping the ...

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A new 26-30 discount railcard is coming

LONDON: Modelled on the 16-25 railcard, it will also cost £30 and get railcard holders up to one third off ticket fares. However, in contrast to the 16-25 railcard, there will will be restrictions on peak-time travel in order to not overcrowd already busy peak-time train carriages during rush hour. ...

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Mallya extradition trial confirmed for 8 days from December 4

NEW DELHI: A defiant Vijay Mallya, wanted in India on loan defaults to several banks amounting to nearly Rs 9,000-crore, appeared before a local court in London for his pre-trial hearing where the liquor baron’s extradition hearing was confirmed for eight days starting December 4. The 61-year-old businessman, out on ...

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Blue chips lead China stocks higher; Hong Kong also up

SHANGHAI: China stocks rose on November 21, with brokerages leading blue chips higher as analysts expect the sector to benefit from a stronger-than expected stock market performance this year. At the lunch break, the Shanghai Composite index was up 13.43 points or 0.4 percent at 3,405.83. China’s blue-chip CSI300 index ...

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Leadership the key to small to medium business sector

LONDON: Think innovation and leadership and it is hard to go past Elon Musk. The driver behind the Tesla electric vehicle has demonstrated that if you think big and do your research, nothing is impossible. “If you’re trying to create a company, it’s like baking a cake. You have to ...

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London buses to get a caffeine kick from today

LONDON: London’s caffeine habit could soon provide an eco-friendly energy kick to its buses, including its iconic red double decker. Some six thousand litres of oil extracted from ground coffee waste will be added to fuel tanks of the city’s transport authority on Monday — enough to power a bus ...

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British Airways passengers to board in order of their ticket price

LONDON: Passengers will soon be boarding British Airways planes according to how much they paid for their flights. From next month, those who pay the lowest fares will have to wait at the departure gate and board after everyone else. The carrier will introduce a “group boarding” system on all ...

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Spain court orders ex-IMF head Rato to be tried for fraud

MADRID: A Spanish court ordered former IMF head, Rodrigo Rato, to stand trial for fraud over the failed 2011 listing of Bankia, a bank he led which later needed rescuing the state. Rato, a former Spanish economy minister, is accused of falsifying information about Bankia’s finances to encourage investors to buy ...

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