August, 2018

• 11 August

  Microsoft threatens to pull Gab services

  

  Bloomberg Microsoft Corp. threatened to suspend web-hosting services it provides to Gab.ai after getting a complaint about anti-Semitic posts on the social-media site, a new twist in the technology industry’s controversial crackdown on hate speech. Microsoft’s Azure cloud-computing division said it would take action in two business days if Gab didn’t remove two posts that prompted the complaint about “malicious ...

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• 11 August

  Inflation coming to your theatre as US firms flex pricing power

  

  Bloomberg From the big screen to the snack aisle, American companies plan to hike prices as their input costs creep higher. It’s a sign that businesses have faith consumers will keep shopping even as products become more expensive. And that belief in pricing power, showcased on earnings calls and presentations during the week of August 6-10, could signal a turning ...

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• 11 August

  Russia seethes after velvet revolutionary strikes at foes

  

  Bloomberg Three months after sweeping to power in Armenia’s peaceful “velvet revolution,” Prime Minister Nikol Pashinyan is waging an unprecedented campaign against corruption that’s unnerved Russia and got political opponents crying foul. Arrests have reached people previously considered untouchable in Armenia including ex-President Robert Kocharyan, who’s accused of subverting constitutional order during deadly clashes a decade ago, and relatives of ...

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• 11 August

  Israeli troops killed Palestinian medic

  Bloomberg Israeli soldiers shot dead a Palestinian paramedic who was tending to casualties at an anti-Israel protest in the Gaza Strip, a Gaza Health Ministry official said. Abdullah al-Qutati was the second medic killed in the field by Israeli forces since a campaign of protests began in Gaza on March 30. In all, nearly 160 Palestinians have been shot dead ...

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• 11 August

  UN experts say China holding one million Uighurs in camps

  Bloomberg China may be holding as many as one million members of its Muslim Uighur minority in “re-education” camps in its western region of Xinjiang, according to United Nations human rights experts. Speaking in Geneva on August 10 during the opening session of a two-day review into China’s policies, Gay McDougall, a member of the United Nations Committee on the ...

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• 11 August

  After US sanctions, Iran’s economy is nearing a crisis

  

  Bloomberg In the runup to the resumption of US sanctions against Iran, the country’s beleaguered president, Hassan Rouhani, got stern directives from a few corners of the Islamic Republic. Iran’s Supreme Leader, Ali Khamenei, urged him to deal with corruption. The powerful Revolutionary Guards commander told him to focus on Iran’s slumping currency, the rial, while a sizable chunk of ...

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• 11 August

  Chile debates legalising euthanasia

  

  Bloomberg Chile is fast ditching its reputation as South America’s most conservative and Catholic country, with lawmakers now discussing whether to make it the second nation in the region to legalise euthanasia. Less than a year after allowing abortion in some cases, a commission of the Chamber of Deputies approved a bill that would permit euthanasia for the terminally ill ...

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• 11 August

  Ivory Coast president’s ruling ally quits coalition

  Bloomberg The main partner of Ivory Coast President Alassane Ouattara ruling coalition said it is withdrawing from the group, marking the culmination of growing tensions between political blocs as the country prepares to hold presidential elections in 2020. Former President Henri Konan Bedie’s Democratic Party of the Ivory Coast is opting out of Ouattara’s Rally of Houphouetists for Democracy and ...

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• 11 August

  Ford and its self-driving car plans

  

  Bloomberg The autonomous-vehicle gap between Ford Motor Co. and its rivals from Detroit and Silicon Valley can be measured in years. Yet even a company playing catch-up in the race to turn self-driving technology into high-margin businesses is drawing interest from outside investors, an indicator of just how much money is pouring in. “I’m really excited about what I’m hearing ...

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• 11 August

  You can pre-order Samsung Galaxy Note9 in UAE

  DUBAI / Emirates Business Don’t miss your chance to be among the first in the UAE to own the super powerful Galaxy Note9, that is available for pre-order until August 24 from major retailers, operators and Samsung brand stores, as well as online on Shop.Samsung.com/ae. Customers who pre-order the device will be the first to experience the powerful S-Pen, the ...

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