Wednesday, 24 April 2019

Business

Apple admits it is working on self-driving cars

LONDON Apple’s plan to build driverless cars has been the subject of rumours for the last two years – now the company has finally admitted it. A letter to the highway regulator in the United States reveals the iPhone maker has got a secret project underway involving transportation. “The company ...

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Uber tracking location even rides finished

PARIS: Uber has begun collecting passengers’ location data even after journeys have finished, a move that has raised eyebrows among privacy-conscious users. An update to the app allows Uber to follow users’ GPS signal while it is running in the background. Previously, it would only do so when Uber was ...

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UKIP leader says NHS is safe for now

Paul Nuttall has claimed privatisation of the NHS could have to be debated this century – although not while he is Ukip leader. The MEP, who has previously suggested more privatisation for the health service, said his party will be “committed to keeping the NHS in public hands and free ...

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MP asks spending watchdog to investigate Nissan Brexit deal

Whitehall’s spending watchdog could investigate the deal to keep Nissan making cars in north-east England, following a demand from the chair of an influential parliamentary committee. Andrew Tyrie, chair of the Treasury select committee, has written to the National Audit Office (NAO) asking for an inquiry into any assurances offered ...

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Opec agrees first output cut since 2008

VIENNA: The Opec oil cartel defied expectations on Wednesday and nailed down its first joint output cut since 2008 after tough talks in Vienna, sending oil prices soaring. At 1622 GMT Brent North Sea crude for January delivery was up $3.77 at $50.15, the first time it has risen above ...

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Sky seeks to shake up UK mobile market with flexible data plans

Sky (SKYB.L) said it would enter the UK mobile market with a SIM-only deal that allows data allowances to roll over each month, and offers free calls to the 11 million British households that take its TV services. It was “time to shake up” the mobile market, particularly in data, ...

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Samsung Electronics considers split as investor pressure builds

LONDON: Tech giant Samsung Electronics Co Ltd (005930.KS), under pressure from shareholders to improve investor returns, said on Tuesday it will consider creating a holding company in what would be the biggest shake-up in its 47-year history. The move and a plan to raise dividends come after U.S. hedge fund ...

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