Tuesday, 31 March 2020

Business

Amazon opens a checkout-free supermarket

In a move that could revolutionise the way we buy groceries, Amazon opens its first supermarket without checkouts – human or self-service – to shoppers on Monday. Amazon Go, in Seattle, has been tested by staff for the past year. It uses an array of ceiling-mounted cameras to identify each ...

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PM May says will stop companies abusing pension schemes

LONDON: British Prime Minister Theresa May said she would clamp down on bosses who try to “line their own pockets” while not protecting workers’ pensions, after the collapse of outsourcer Carillion with a 900-million-pound hole in its pension scheme. Writing in Sunday’s Observer newspaper, the Prime Minister said private companies ...

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British Airways pilot taken off plane, suspected of being drunk

LONDON: A British Airways pilot was taken off a plane on suspicion of being drunk, officials said, before the aircraft took off from London’s Gatwick Airport. The pilot was removed and arrested Thursday night before the British Airways Boeing 777 departed to Mauritius. The incident delayed the flight’s departure by ...

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Amazon raises monthly Prime price

LONDON: Amazon has raised the price of monthly Prime memberships in the US by $2 to $12.99 (£9.40), in a bid to push more people to an annual plan. The annual cost of Prime, which includes two-day shipping and video streaming, was unchanged at $99. Amazon said the change does ...

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Major supermarket giants ban sale of energy drinks

LONDON: Asda, Aldi and Sainsbury’s have announced customers buying high caffeine energy drinks will be asked to show ID within weeks. The ban will kick in at Asda, which is the first of the “big four” to announce an age limit, on March 5. Sainsbury’s is the latest retail giant ...

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Apple’s ‘Everyone Can Code’ program expands more broadly in EU

LONDON: Apple announced this morning it’s bringing its “Everyone Can Code” program to 70 more colleges and universities across Europe. The program, which Apple designed to help students learn how to build apps, launched in May 2017 but was initially limited to the U.S. before expanding to other markets, including ...

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OnePlus Was Hacked to steal credit card details

LONDON: Anybody who used at credit card to purchase their flashy new OnePlus handsets from the company’s official site ought to immediately contact their bank: hackers might be out to steal your funds. Following a slew of complaints about possible credit card fraud from a flock of concerned OnePlus users, ...

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Microwave ovens are cooking the environment: study

PARIS: Small electrical appliances such as microwave ovens, kettles and hair dryers harm the environment in a dozen different ways, and consumers can do far more to reduce the impacts, researchers said Thursday. In the European Union, the electricity used by 130 million microwaves puts 7.7 million tonnes of carbon ...

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HSBC in $100 million forex fraud settlement

NEW YORK: HSBC Holdings on Thursday agreed to pay $101.5 million (£73 million) to settle a U.S. criminal probe into the rigging of currency transactions, which has already led the conviction of one of its former bankers. The payment includes a $63.1 million fine plus $38.4 million in restitution to ...

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