REUTERS: Facebook’s decisions to allow controversial posts by President Donald Trump established a “terrible precedent” that could allow the platform to be “weaponized to suppress voting,” an external civil rights audit found on Wednesday (Jul 8). The report, which Facebook commissioned two years ago, said the social network has not […]
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REUTERS: Facebook Inc on Wednesday suspended a network of social media accounts it said were used to spread divisive political messages online by employees of Brazilian President Jair Bolsonaro and two of his sons. The company said that despite efforts to disguise who was behind the activity, it had found […]
A rapid-fire succession of setbacks for big energy pipelines in the United States this week has revealed an uncomfortable truth for the oil and gas industry: environmental activists and landowners opposed to projects have become good at blocking them in court. WASHINGTON/NEW YORK: A rapid-fire succession of setbacks for big […]
United Airlines said on Wednesday it was preparing to send notices of potential furloughs to 36,000 U.S.-based frontline employees, or about 45per cent of staff, as demand hit by the coronavirus pandemic struggles to recover. CHICAGO: United Airlines said on Wednesday it was preparing to send notices of potential furloughs […]
BRUSSELS: The European Commission has struck deals with drugmakers Roche and Merck KGaA to secure supplies of experimental treatments for COVID-19, a Commission source told Reuters on Wednesday (Jul 8). The deals cover Roche’s arthritis medicine RoActemra and Merck’s multiple sclerosis drug Rebif – both seen as potential treatments for […]
REUTERS: Warren Buffett has donated roughly US$2.9 billion of Berkshire Hathaway Inc stock to four family charities and the Bill & Melinda Gates Foundation, the latest but not largest contribution in his plan to give away his fortune. In a statement on Wednesday, Berkshire said Buffett’s 15th annual donation comprised […]
Britain’s Chancellor of the Exchequer Rishi Sunak speaks during question period to the Chancellor of the Exchequer in London, Britain, on Jul 7, 2020. LONDON: The UK government on Wednesday (Jul 8) unveiled a package worth £30 billion (US$37 billion, €33 billion) to save jobs and help the young […]
LONDON: Gold reached above US$1,800 an ounce on Wednesday (Jul 8) for the first time since 2011, with the precious metal benefitting from its haven status as the coronavirus outbreak triggers global economy fears. Gold hit US$1,800.86 an ounce around 0830 GMT on the London Bullion Market, the highest level […]
U.S. sanctions targeting Huawei Technologies have had no immediate impact on the Chinese firm’s ability to supply 5G equipment to the UK, Huawei Vice President Victor Zhang said on Wednesday. LONDON: U.S. sanctions targeting China’s Huawei have had no immediate impact on its ability to supply 5G equipment to Britain, […]
The European Union’s second highest court will next week rule in an appeal by Apple and Ireland against a European Union ruling for the U.S. firm to pay 13 billion euros (US$16 billion), the Irish government said on Wednesday. DUBLIN: The European Union’s second highest court will next week rule […]