• Attenborough calls out Australia's climate stance
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    AFP News

    Attenborough 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

  • Asian markets mostly up as traders look for China-US progress
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    AFP News

    Asian 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

  • For Uighur refugees, freedom means losing family
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    AFP News

    For 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

  • Southeast Asian nations weigh unified approach to regulating Big Tech
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    Reuters

    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

  • TomTom's car deals worth $1.76 billion in revenue boost
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    Reuters

    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

  • Luxury market re-commits to China: Tiffany & Co CEO
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    AFP News

    Luxury 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

  • Australia audits PayPal for money laundering, terror law compliance
    Finance
    Reuters

    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

  • World's richest families fret about geopolitics, climate change
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    Reuters

    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

  • UN sets constitution committee for Syria, but hopes to end war muted
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    AFP News

    UN 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

  • European shares slide on dismal data
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    AFP News

    European 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

  • Mexico braces for impact as Thomas Cook collapses
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    AFP News

    Mexico 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

  • Exclusive: Italy to cut 2020 GDP growth target to around 0.6% - sources
    Finance
    Reuters

    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

  • Israel's Cellcom to cut jobs as competition heats up
    Finance
    Reuters

    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

  • Factbox: Countries' different reactions to Thomas Cook bankruptcy
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    Reuters

    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

  • RIP Thomas Cook: holiday dreams washed away by tide of debt
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    Reuters

    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

  • Russia joins Paris climate accord
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    AFP News

    Russia 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

  • Harry and Meghan join S.Africa's fight against gender violence
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    AFP News

    Harry 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

  • Oil CEOs push carbon-capture efforts ahead of climate talks
    Finance
    Reuters

    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

  • Exclusive: We Company CEO Neumann starts talks on his role at WeWork parent - sources
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    Reuters

    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

  • Royal couple condemn violence against women in S.Africa
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    AFP News

    Royal 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

  • Online banks to take bigger share of U.S. deposit market: Evercore
    Finance
    Reuters

    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

  • Portugal's Moura pays tribute to cod fishermen at Milan Fashion close
    Entertainment
    Reuters

    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

  • Nimble tech firms must adapt as promised self-driving revolution hits speed bumps
    Finance
    Reuters

    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

  • Malindo Air says data leak caused by ex-staffers at contractor firm
    Finance
    Reuters

    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

  • Hyundai Motor Group, Aptiv to set up $4 billion self-driving car venture
    Finance
    Reuters

    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