News

Note: This section contains information in English only.
Wed, 22 Jan 2020 04:06:28 GMT

SAA says flights to all destinations operating normally

South African Airways said in a statement that flights to all its destinations continue to operate normally after bailout talks collapse.

Wed, 22 Jan 2020 02:53:01 GMT

Brazil's GOL expects to fly Boeing 737 MAX by April

Richard Lark, the CFO of Brazil's low-cost airline GOL, said that the company expects to be flying Boeing 737 MAX jetliner by April.

Tue, 21 Jan 2020 21:05:16 GMT

Facebook to hire 1K people in UK this year

Facebook is planning to hire 1K people in London in 2020 for such roles as safety and product development on the back of continuing growth of its largest engineering centre located outside the US.

Tue, 21 Jan 2020 19:45:37 GMT

Honda among initiators to boost US job training

Honda Motor is set to join a rising number of firms signing the White House initiative to boost the US job training opportunities, seeking to provide them to 50K of its workers by 2025, the third-largest Japanese carmaker said.

Tue, 21 Jan 2020 18:49:06 GMT

Starbucks seeks to become "greener"

Starbucks Corp is looking at adding more plant-based drinks and food to its menu, shifting from plastic and single-use cups to reusable packaging and investing in the better waste-management, the company's CEO said on Tuesday.

Tue, 21 Jan 2020 17:59:12 GMT

Flutterwave receives $35M, partners with WorldPay

Flutterwave, the African fintech firm, announced a $35M fundraising round, adding it had also signed partnerships with Visa and WorldPay, as the start-up sought expansion in the Francophone and northern Africa.

Tue, 21 Jan 2020 16:40:13 GMT

Apple halts plan for encrypting iPhone back-ups

Apple Inc has cancelled its plans for allowing iPhone users to fully encrypt their devices' back-ups in the Apple iCloud service due to FBI complaints that such a move could harm investigations, Reuters reported.

Tue, 21 Jan 2020 16:17:17 GMT

Disney+ to roll out in Western Europe, UK ahead of schedule

On Tuesday, Walt Disney Co announced it would launch Disney+, the video streaming service, a week earlier than it was planned on March 24 in Western Europe's regions and the United Kingdom.

Tue, 21 Jan 2020 15:13:28 GMT

Uber tests new feature for some California drivers

Uber Technologies has put a new feature on a test, which allows some of its Californian drivers who are ferrying passengers from the Sacramento, Santa Barbara and Palm Springs airports, to set their own fares, up to five times the ones set by Uber.

Tue, 21 Jan 2020 13:44:42 GMT

France proposes to halt digital tax

France proposed to suspend the digital services tax imposed on large internet firms due in April amid efforts to resolve the US dispute over the levy, France's Finance Ministry source reported on Tuesday.

Tue, 21 Jan 2020 12:49:17 GMT

EU to decide on LSE-Refinitiv deal around summer

The European competition authorities will pass their verdict on the LSE's $27B takeover of Refinitiv, the data and analytics firm, in a few months, the London Stock Exchange's board member stated on Tuesday.

Tue, 21 Jan 2020 11:40:28 GMT

GBP jumps on UK jobs data

On Tuesday, the British Pound surged in valued, as better than expected employment data was published. The main movers were the UK Average Earnings.

Tue, 21 Jan 2020 10:34:11 GMT

Facebook aims to hire 1K people on London this year

Facebook is set to hire 1K people in London in the current year for such roles as safety and product development amid continuing growth of its largest engineering centre located outside the US after the UK leaves the EU bloc.

Tue, 21 Jan 2020 09:37:12 GMT

EU shares drop on China virus fears

On Tuesday, the European shares plunged to their lowest in the last three weeks, due to mounting concerns about China's new coronavirus outbreak that sparked rush to the safe-haven bets.

Tue, 21 Jan 2020 08:22:17 GMT

Air France-KLM, JAL seek for stakes in Malaysia Airlines

Air France-KLM has proposed an investment in the ailing Malaysia Airlines, seeking for a 49% stake, while Japan Airlines is looking at the carrier's 25% stake, according to Reuters.

Tue, 21 Jan 2020 07:38:54 GMT

Uber sells its India food delivery unit

Uber has sold its Indian food-ordering business to the local rival Zomato, backed by Ant Financial, in exchange for the 9.99% stake in the Chinese start-up, according to Reuters.

Tue, 21 Jan 2020 05:40:50 GMT

CEOs expect economic slowdown

On Monday, the results of a PwC CEO survey revealed that a majority of executives expect a slowing down of the global economy.

Tue, 21 Jan 2020 05:31:16 GMT

Microsoft disagrees with Alphabet

In response to Alphabet backing EU's proposed ban on facial-recognition technology, the President of Microsoft Brad Smith stated that there is an alternative to a ban.

Tue, 21 Jan 2020 03:40:12 GMT

Alphabet approves of facial recognition ban

The CEO of Google and Alphabet Sundar Pichai on Monday agreed with EU officials that facial recognition should be regulated.

Tue, 21 Jan 2020 03:35:20 GMT

EU intends to ban facial-recognition

On Monday, Reuters revealed that European Union officials had proposed a ban of facial-recognition technology. The event created responses from Microsoft and Alphabet.

Mon, 20 Jan 2020 21:19:04 GMT

France's billionaire Niel to acquire Nice Matin newspaper

On Monday, the French anti-trust regulator has cleared a plan by France's billionaire Xavier Niel to acquire the Nice Matin newspaper, not disclosing the price of the potential deal.

Mon, 20 Jan 2020 19:04:31 GMT

BBC's Hall to resign in six months

The BBC Director General Tony Hall is set to step down in half-a-year, ahead of the negotiations with the British Prime Minister Boris Johnson and his government about the publicly-funded broadcaster's financing model.

Mon, 20 Jan 2020 17:40:27 GMT

Tencent seeks to accelerate investment overseas

China's Tencent Holdings is seeking to accelerate its investment overseas, as well as in smart retail, by investing in over 800 companies, where 70 of the firms are listed, while more than 160 are valued at least at $1.0B.

Mon, 20 Jan 2020 16:53:14 GMT

Alphabet's CEO backs ban on facial-recognition tool

On Monday, Alphabet's CEO Sundar Pichai has supported a proposal made by the EU to temporarily block the facial-recognition technology due to potential threat of the tool's misuse.

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