NewsAFP NewsAttenborough calls out Australia's climate stance
Veteran conservationist David Attenborough has taken aim at Australian Prime Minister Scott Morrison for not giving a "damn" about coal emissions and his lack of action on climate change. The British natural historian said in an interview broadcast Tuesday that Morrison's conservative
NewsAFP NewsAsian markets mostly up as traders look for China-US progress
Asian markets crept up Tuesday but dealers remain on edge following contrasting economic data out of Europe and the US as investors await developments in the China-US trade standoff. After last week's dovish shift by global central banks, dealers are in wait-and-see mode, with the key focus now
NewsAFP NewsFor Uighur refugees, freedom means losing family
Abdullah Rasul has so little contact with his family in China that it took three months for him to find out that his father was dead. Like other Uighur refugees from northwest China, Rasul, 35, who now lives in Istanbul, knows that making contact with relatives back home risks them coming under greater
- NewsReuters
Southeast Asian nations weigh unified approach to regulating Big Tech
BANGKOK/JAKARTA (Reuters) - Southeast Asian governments are banding together to take on global tech giants on issues including "fake news" and taxation, marking a new stage in the region's approach to the internet's explosive growth. The stakes are high both for the governments, which
- NewsReuters
TomTom's car deals worth $1.76 billion in revenue boost
TomTom said on Tuesday its deals with carmakers are worth about 1.6 billion euros ($1.76 billion), as the Dutch navigation company aims to accelerate revenue growth and considers a share buyback program. Earlier this year, the Amsterdam-based company said it would focus on growing its digital maps business
NewsAFP NewsLuxury market re-commits to China: Tiffany & Co CEO
After a bumpy few years, luxury brands are re-committing to China's market as a weaker yuan and the US trade war funnel more Chinese high-end spending back home, Tiffany & Co CEO Alessandro Bogliolo said in an interview. China's luxury market has been on a roller-coaster since President Xi Jinping
- FinanceReuters
Australia audits PayPal for money laundering, terror law compliance
Australia's financial intelligence agency on Tuesday ordered an audit of PayPal Holdings Inc's compliance with local anti-money laundering and counter-terrorism financing laws, saying it was concerned reporting obligations had not been met. AUSTRAC, which is tasked with ensuring compliance with
- NewsReuters
World's richest families fret about geopolitics, climate change
The world's richest families are worried about the U.S.-China trade spat, Brexit, populism and climate change and are keeping more of their money in cash, according to a survey of family offices by the world's largest wealth manager. Forty-two percent of family offices - set up to manage the
NewsAFP NewsUN sets constitution committee for Syria, but hopes to end war muted
The United Nations announced Monday the long-awaited creation of a constitution-writing committee on Syria that will include the government and opposition, but it remained to be seen if the step could finally end the civil war. UN Secretary General Antonio Guterres hailed the committee as the first
NewsAFP NewsEuropean shares slide on dismal data
European stock markets fell on Monday after a key survey pointed to weakness in the eurozone economy while some travel and tourism stocks benefited from the collapse of British giant Thomas Cook. It warned that the single currency area's economy was "close to stalling." Market analyst
NewsAFP NewsMexico braces for impact as Thomas Cook collapses
Mexico is bracing for a "very powerful" impact from the collapse of British travel firm Thomas Cook, an official said Monday, as several hundred tourists gathered at the Cancun airport looking for a way home. Britain sends more tourists to Mexico's Caribbean coast than any other European
- FinanceReuters
Exclusive: Italy to cut 2020 GDP growth target to around 0.6% - sources
Italy will cut its target for economic growth next year to around 0.6%, three sources close to the matter told Reuters on Monday, as the government prepares its 2020 budget to be presented to parliament later this month. The previous target, issued in April, envisaged growth of 0.8%. Under an unchanged
- FinanceReuters
Israel's Cellcom to cut jobs as competition heats up
Israel's largest mobile phone operator said the steps would strengthen the company as it faces continued competition and low prices in the Israeli telecommunications market. The company did not specify how many jobs it would cut, but said at this point it would not include sale and service customer
- NewsReuters
Factbox: Countries' different reactions to Thomas Cook bankruptcy
The UK's Civil Aviation Authority (CAA), regulator and government have a fleet of planes ready to start bringing home more than 150,000 British customers abroad over the next two weeks. French organization Entreprises de Voyage said that about 10,000 French tourists could be affected by the bankruptcy
- NewsReuters
RIP Thomas Cook: holiday dreams washed away by tide of debt
Thomas Cook sold tens of millions of Britons a summer holiday to remember with the slogan "Don't just book it, Thomas Cook it". It narrowly avoided collapse in 2011 when, reeling from the Arab Spring, Icelandic volcano and a squeeze on British incomes, it had to beg for a 200 million pound
NewsAFP NewsRussia joins Paris climate accord
Russia's prime minister on Monday gave formal support to the Paris climate agreement, just hours ahead of a key summit trying to tackle ever increasing gas emissions. The document signed by Prime Minister Dmitry Medvedev says that Russia is formally accepting the 2015 Paris agreement and will now
NewsAFP NewsHarry and Meghan join S.Africa's fight against gender violence
Prince Harry on Monday urged South African men to turn their back on toxic masculinity as his wife Meghan applauded girls for "standing up for what's right," as the British royal couple launched their first official tour since becoming parents in May. The pair joined campaigners in Cape
- FinanceReuters
Oil CEOs push carbon-capture efforts ahead of climate talks
A group of 13 major oil companies charted out a plan on Monday to promote investments in carbon capture, use and storage (CCUS), ahead of a gathering in New York. Oil chiefs grappling with growing demand for action to fight climate change have looked to invest in carbon-capture and sequestration techniques
- NewsReuters
Exclusive: We Company CEO Neumann starts talks on his role at WeWork parent - sources
WeWork co-founder Adam Neumann has started talks with board directors and investors to discuss his future role at the U.S. office-sharing start-up, including the possibility of giving up his title as chief executive, people familiar with the matter said on Monday. Neumann has not yet agreed to step
NewsAFP NewsRoyal couple condemn violence against women in S.Africa
Prince Harry on Monday spoke out against gender-based violence in South Africa as his wife Meghan hailed girls who had chosen to "stand up for what is right". The British royal couple visited Cape Town's tough Nyanga township as part of a 10-day tour of southern Africa -- their first official
- FinanceReuters
Online banks to take bigger share of U.S. deposit market: Evercore
Online savings banks are starting to take market share away from traditional consumer banks, increasingly offering higher interest rates on deposits to a new generation of savvy, affluent consumers, who want higher payouts on their deposits. According to analysts at brokerage Evercore ISI, these online
- EntertainmentReuters
Portugal's Moura pays tribute to cod fishermen at Milan Fashion close
Portuguese designer Alexandra Moura closed Milan Fashion Week on Monday with a tribute to her country's cod fishermen, presenting a spring collection for women and men inspired by the sea. With the sound of seagulls as a backdrop, Moura unveiled designs that reflected the fishermen's work and
- FinanceReuters
Nimble tech firms must adapt as promised self-driving revolution hits speed bumps
When Silicon Valley startup Phantom Auto was formed in 2017, it was one of many software suppliers hitching their fortunes to self-driving cars, confident that fleets of robotaxis would be using their technology within a few years. Faced with the harsh reality that an autonomous future is further away
- FinanceReuters
Malindo Air says data leak caused by ex-staffers at contractor firm
Malindo Air, the Malaysian subsidiary of Indonesia's Lion Group, said on Monday that two former employees of its e-commerce contractor were responsible for its passenger data breach. Malindo Air confirmed the breach last week after Moscow-based cybersecurity firm Kaspersky alerted users in Malaysia
- FinanceReuters
Hyundai Motor Group, Aptiv to set up $4 billion self-driving car venture
SEOUL/NEW YORK (Reuters) - Hyundai Motor Group will invest $1.6 billion in a joint venture to develop self-driving vehicle technologies with Aptiv , the biggest overseas investment by the South Korean carmaker to catch up to rivals in the autonomous car market. Global carmakers and their suppliers are
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