Thursday, 17 January 2019

Business

Starbucks customer laptops hacked to mine cryptocurrency

LONDON: Coffee chain Starbucks says it has taken action to stop customer laptops being used to generate the cryptocurrency Monero. On December 2, a Twitter user called Noah Dinkin posted a screenshot that showed that the public Wi-Fi available in a Starbucks store in Buenos Aires, Argentina, had been hacked ...

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Bank of England keeps interest rates on hold

LONDON: The Bank of England has kept its main interest rate unchanged at 0.50 percent, a month after increasing borrowing costs for the first time in a decade to contain a rise inflation stoked by last year’s Brexit vote. Thursday’s decision was unanimous in the bank’s nine-strong policy committee. It ...

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Japanese airport to be filled with robots for 2020 Olympics

TOKYO: Those planning on attending the 2020 Tokyo Olympics can look forward to receiving luggage and language assistance from robots “scattered” around Haneda Airport. According to Yutaka Kuratomi, a representative from the Japan Airport Terminal, seven new robots have been designed to perform useful tasks at the airport. One of the robots is a fluffy ...

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York is the Third UK City to Refuse Uber Licence

LONDON and Sheffield have both been in the news because regulators have ended up denying Uber the chance o renew its operating licence for a variety of reasons. London did it over concerns about the way the ride-hailing service operated, and Sheffield thanks to what’s being described as an “administration ...

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European shopping centre giant snaps up Westfield

Shopping centre giant Westfield is to be sold to a European rival, just days after two other major industry players struck a takeover deal. Unibail-Rodamco, a French property investor which owns Paris’s iconic underground shopping mall Carrousel du Louvre, has entered into an agreement to buy Westfield for $24.7bn (£18.5bn). ...

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Apple buys London-based music-recognition app Shazam for $400M

LONDON: After we broke the story last week that Apple was acquiring London-based music and image recognition service Shazam, Apple confirmed the news today. It is purchasing the startup – one of earliest players in the world of mobile music – as part of its bigger ambitions in the music ...

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UK-Qatar signs $8bn Typhoon fighter jet deal

DOHA/LONDON: Qatar will buy 24 Typhoon fighter jets worth $8bn from the United Kingdom as the Gulf state continues to stock up on high-tech weaponry. The deal between the two countries was signed in Doha by Qatar’s Defence Minister Khalid bin Mohammed al-Attiyah and his British counterpart, Gavin Williamson. It ...

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Baby formula recalled worldwide over salmonella scare

HONG KONG: Baby formula is being pulled from shelves around the world after French authorities ordered a leading dairy company to stop selling hundreds of products because of concerns about food safety. French firm Lactalis is recalling formula destined for markets including China, Greece, Pakistan and Peru after 26 infants ...

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