Thursday, Jul 07, 2022
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Tech firms to be forced to combat 'tsunami of online child abuse' by Online Safety Bill amendment
Meta, which owns Facebook, WhatsApp and Instagram, has announced plans to effectively lock Facebook Messenger and Instagram direct messages using end-to-end encryption, a technology which keeps conversations secure, but can also make the...
Amazon being investigated in UK for practices which may give customers 'worse deal'
"Any loss of competition is a loss to consumers and could lead to them paying more for products, being offered lower quality items or having less choice," the Competition and Markets Authority said.
British Airways to cut a further 10,300 flights until end of October
The airline says it is acting to protect popular holiday flights from facing disruption, leaving 13% of its flight schedule for the peak summer holiday season on the scrap heap.
How inflation can change our world
Inflation is more than a change in your purchasing power. Inflation can give rise to dictators like Hitler. It can also force a country into irrelevance, like Venezuela. As our world battles record inflation, Palki Sharma brings you the ...
An international drug dealer from Brazil was arrested last week, two years after forging his death from Covid-19
An international drug dealer from Brazil, Sergio Roberto de Carvalho, was arrested last week in Hungary, two years after forging his death from Covid 19.
G7 pledges to raise $600bn to counter China’s Belt and Road
The G7 Partnership for Global Infrastructure and Investment will help finance infrastructure projects in developing nations.
Julian Assange Is Enduring Unbearable Persecution for Exposing US War Crimes
Ever since U.K. Home Secretary Priti Patel formally ordered the extradition of WikiLeaks founder Julian Assange to the U.S. last week, press freedom advocates around the world have been mobilizing. Assange Defense, on whose advisory boar...
Rail strikes: How much are public sector workers paid – and how do recent pay deals compare to what train staff want?
Striking rail workers are asking for a 7% pay rise, despite CPI inflation at 9.1% and RPI at 11.7%. NHS workers and teachers have also threatened to walk out if the government doesn't up their pay deals.
EXPLAINER: Why Sri Lanka's economy collapsed and what's next
Sri Lanka’s prime minister says the island nation’s debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities and already defaulting on its debt, it is seeki...
After China row, Australia eyes Southeast Asia as ally in trade
Prime Minister Anthony Albanese has pledged to deepen economic engagement with the region amid tensions with Beijing.
Cost of living crisis: Britons cannot expect pay rises to keep up with inflation, Treasury warns
Workers have lost almost £20,000 since 2008 because pay has not kept up with inflation, it has been claimed.
The teen who tracks Elon Musk's jet agreed to stop monitoring Mark Cuban's flights on Twitter after the billionaire offered business advice
The teen who famously turned down a $5,000 offer to stop tracking Elon Musk's private jet said he stopped sharing data on Mark Cuban's travel history on Twitter after the billionaire reached out with privacy concerns.
Musk-Twitter Takeover Drama Takes Another Turn With Town Hall Meeting
Twitter shareholders are expected to have a better idea of whether Tesla (TSLA) Chief Executive Elon Musk will forge ahead with his acquisition of the social media firm after a virtual town hall meeting set for Thursday. The constantly e...
YouTube Shorts Claims 1.5 Billion Global Users As TikTok Rivalry Heats Up
Google-parent Alphabet on Wednesday said its YouTube Shorts, a short-form video rival to TikTok, now has 1.5 billion monthly logged-in users globally. Google stock rose on the news as the Nasdaq composite also gained.
The “Chinese (much better) Tesla”, Nio Stock, Jumps Again As Nio Eyes 'Product Supercycle'
Nio launched the ES7 electric SUV in China Wednesday after Covid-19 delays, the third new electric vehicle it plans to bring to market this year. Nio stock jumped for a second straight day, bouncing further off a key level.
Cost of living: Inflation takes record bite from regular pay while jobless rate rises unexpectedly
The deteriorating picture for real wage growth is the battleground for unions seeking to protect their members from the cost of living crisis, culminating in the planned national rail strikes due to hit later this month.
Fresh travel chaos fears as thousands more rail workers set to vote on strike action
It comes after members of the Rail, Maritime and Transport (RMT) union at Network Rail and 13 train operators agreed to go on strike on 21, 23 and 25 June in similar disputes. The RMT and Unite are also taking part in industrial action w...
Pound falls to lowest level since COVID crash after Nicola Sturgeon claims 'mandate' for Scottish independence referendum
"The UK has huge imported energy inflation and it is getting hit on both sides - from oil prices going up and sterling weakening," says Fahad Kamal, chief investment officer at Kleinwort Hambros.
Airlines face further pressure over cancellations as one company benefits from the chaos
WH Smith reports bumper travel sales after airports are widely gripped by queues due to flight disruption which the government is demanding airlines tackle through better management of their schedules.
US interest rates increase at their sharpest rate since 1994 in bid to tackle soaring inflation
"We’re not trying to induce a recession," the Fed chairman said, while warning of more rate rises to come and projecting a slowing economy in the months ahead.
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