Bloomberg Facebook Inc. has denied that the company secretly logs the calls and messages of individuals using Android mobile devices, following media reports and user complaints. In a blog post, the company said that logging is part of opt-in feature for individuals using Messenger or Facebook Lite on Android, and that it can be turned off in settings. “People have ...

Bloomberg Just two years after Ford Motor Co. bet the revival of its Lincoln luxury line on the return of the Continental sedan, it’s reversing course and going all in on sport utility vehicles instead. Despite its retro Rat Pack allusions and elegant evocation of Bentley styling, the Continental didn’t sell as expected. Sales are down 30 percent this year, ...

Reuters Egyptians began voting on Monday in a presidential election set to deliver an easy win for incumbent Abdel Fattah Al Sisi, with turnout the main focus. Polling stations will be open for three days and Sisi, a former military commander, has urged Egyptians to vote, hinting that he sees the election as a referendum on his first four-year term. ...

WAM The Spokesman of the Arab Coalition Forces Supporting Legitimacy in Yemen, Colonel Turki bin Saleh Al-Malki, on Sunday night said that air defence forces have intercepted seven ballistic missiles from within Yemeni territory towards Saudi Arabia, reported the Saudi Press Agency (SPA). According to Colonel Al-Maliki, three of the missiles were heading towards Riyadh, while another targeted the city ...

Reuters At least 64 people have been killed after a fire swept through a shopping mall in the Siberian city of Kemerovo. More than 100 people were evacuated as the fire tore through the building on Sunday night and people were seen jumping from windows. As dawn broke in Russia’s coal-producing Kemerovo region, heavy black smoke was still billowing. Rescue ...

Bloomberg In the US and across the European Union, a number of Russia diplomats are being expelled in a coordinated response to the nerve-agent poisoning of a former Russian spy in the UK. President Donald Trump has ordered the departure of 60 Russian diplomats. Russia is poised to respond in kind while 14 European nations are unrolling their own action. ...

Bloomberg Carles Puigdemont’s removal from Catalonia’s political scene to a German jail forces the separatist movement to take a decision: keep bickering on the way ahead, or set aside outstanding differences and form a regional government. The former Catalan president’s detention in Germany on Sunday was hailed by anti-separatist forces as a decisive blow against the push for Catalan independence. ...

Quantitative easing (QE) saved us from the 2008 crash and jump-started a recovery. It also encouraged a build-up of one-sided risk in the financial system. Are markets and the economy ready for the exit? The sudden rise in volatility in February and March showed that even with strong growth fundamentals, financial markets remain vulnerable. Since 2008, there have been seven ...

Investors have gone gaga over Dropbox Inc. in its first few hours as a public company. It looks as if their enthusiasm has become overheated. Shares of Dropbox, the digital file-cabinet company, shot up about 39 percent last week from their initial sale price. That gives Dropbox a valuation of about $13 billion, including the value of shares held by ...

Facebook’s business model is pretty simple. It offers a free service to connect users with loved ones and others of similar interests. In return, it collects data about what its users do online (and, increasingly, offline). It then uses this data to sell targeted advertising. The whole thing works brilliantly. Yet the company — like so many others that profit ...