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January 20, 2018 International News
Bloomberg A claim that leaving the European Union would free up an extra 350 million pounds ($485 million) a week for the UK’s state-funded health service was one of the most controversial parts of the 2016 Brexit referendum. It was made by Vote Leave, which emblazoned the figure on the side of its campaign bus, and Foreign Secretary Boris Johnson ...
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January 20, 2018 International News, Uncategorized
Bloomberg Google Inc. is set for its first battle in a London court over the so-called “right to be forgotten†in two cases that will test the boundaries between personal privacy and public interest. Two anonymous people, who describe themselves in court filings as businessmen, want the search engine to take down links to information about their old convictions. One ...
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January 20, 2018 International News
Bloomberg Twitter Inc. said it found another 1,062 accounts linked to the Russian government-backed Internet Research Agency accused of trying to influence the 2016 US presidential election. The social media company said it’s emailing notifications to 677,775 people in the US who followed one of these accounts or retweeted or liked a Tweet from these accounts during the election period, ...
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January 20, 2018 International News, Uncategorized
Bloomberg The federal gas tax should be increased to help modernise US roads, bridges and other public works, and Congress must expand funding and financing options for projects, US Chamber of Commerce President Thomas Donohue said. The chamber is calling on Congress and the Trump administration to raise federal fuel taxes by 25 cents, pass initiatives including a new federal ...
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January 20, 2018 Technology
Bloomberg In the corporate-bond market, even a few billion doesn’t get you a seat at the table. And Najib Nakad is so tired of settling for the scraps left by giants, he hardly bothers to bid for new issues anymore. “We are too small to have any hope of an allocation,†said Nakad, who helps oversee about $2.5 billion as ...
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January 20, 2018 Technology
Bloomberg Apple Inc. said it plans new features to help parents control how children use its smartphones, responding to criticism from two shareholders about the entrancing qualities and potential mental health impact of the company’s iPhone. “Apple has always looked out for kids, and we work hard to create powerful products that inspire, entertain, and educate children while also helping ...
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January 20, 2018 Technology
Bloomberg Mazda Motor Corp. stopped selling rotary engines in 2012 after spending nearly half a century trying to perfect them. The company is reviving the classic technology now in what seems like an unlikely place: battery-powered, self-driving vehicles it’s developing with Toyota Motor Corp. to deliver everything from pizza to people. Mazda will provide rotary engines to run generators that ...
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January 20, 2018 Technology
Bloomberg Even as we flirt with Jetsons-style bathrooms hooked up to digital assistants and breakneck races of flying “cars,†one thing remains clear: Despite ever-improving technology, our nostalgia-tuned minds remain glued to the rear-view mirror. At CES, Kodak made that abundantly clear when it revealed footage from its hotly-anticipated reboot of the Super 8 camera, which revolutionised amateur filmmaking when ...
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January 20, 2018 Aviation
Bloomberg The European Union may attempt to strip British airlines of some flying rights after Brexit, with officials in Brussels warning that UK-based carriers could see their ability to compete across the bloc impeded. A meeting of the European Commission and diplomats from the remaining 27 EU countries has taken the first steps in sketching out the EU’s negotiating position ...
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January 20, 2018 Retail
BLoomberg Associated British Foods Plc’s Primark reported a slowdown in sales growth in the first quarter, showing that even the most reliable fashion retailers aren’t immune to the rise of online shopping. At constant currency rates, Primark’s sales rose 7 percent in the 16 weeks to January 6, the London-based company said. That missed analysts’ estimates for growth of 10 ...
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