BOJ's September meeting to be watched closely for new easing
The next policy-setting meeting of the Bank of Japan, set to be held from Sept. 18 to 19, is the subject of heightened attention as observers anticipate fresh monetary-easing after the yen's recent spike against other major currencies. The yen's appreciation, which has been attributed ...
U.S. lawmakers pressure tech as devices capture conversations
Members of Congress from both parties called out Facebook Inc. on Wednesday for paying contractors to transcribe audio clips from its users and urged new statutes to tackle the drumbeat of such revelations from across the tech industry. The calls, which followed a Bloomberg report ...
European opera houses await LA sexual abuse probe into famed tenor Placido Domingo
While two U.S. opera houses immediately canceled performances by famed tenor Placido Domingo following sexual harassment allegations, European opera houses are taking stances ranging from supportive to wait-and-see. The Philadelphia Orchestra and San Francisco Opera announced they would cancel upcoming performances featuring the star and ...
This is how a negative rate policy works and its potential pitfalls: Why have some central banks adopted negative rates? To battle the global financial crisis accelerated by the collapse of Lehman Brothers in 2008, many central banks cut interest rates to near zero. A decade ...
DJ Arafat, an Ivorian singer with a huge following in francophone Africa, has died after a road accident in Abidjan, the state broadcaster RTI said on Monday. "Death of artist DJ Arafat... today at 8am as a result of a road accident overnight," it tweeted. According ...
Putin urges arms talks with U.S. after nuclear pact's demise
Russian President Vladimir Putin said Monday that Russia would only deploy new intermediate-range missiles if the United States does and called for urgent arms control talks to prevent a chaotic arms race following the demise of a key nuclear pact. Putin made his statements after ...
Google halts Assistant speech transcription in EU after German regulator starts probe
Google has given reassurances that it won't make transcripts of speech data picked up by its Google Assistant system in the European Union for at least the next three months, a German data-protection authority said Thursday. The office of Johannes Caspar, who as Hamburg's commissioner ...
Ryanair tells ranks it has 900 more pilots and crew than needed
Ryanair has 500 more pilots and 400 more cabin crew than needed, and job losses will be announced in the coming weeks, Chief Executive Michael O'Leary told staff in a video message vimeo.com/350780012/5abde31242. The comments come less than two years after Europe's biggest budget airline ...
Bayer CEO opens door to Roundup settlement as suits swell and stocks slide
Bayer AG Chief Executive Officer Werner Baumann said he'd consider a "financially reasonable" settlement of litigation over the weedkiller Roundup as the caseload swells and the company's shares slump anew. The number of lawsuits from people in the U.S. who say the herbicide caused them ...
European stock markets were down sharply Tuesday after U.S. President Donald Trump published a series of tweets that cast doubt on any hopes of an imminent easing in trade tensions between the U.S. and China. Apple earnings later could help change the sentiment. As a ...
Ryanair sees flight cuts and job losses from Boeing 737 Max grounding
European budget airline Ryanair says it's looking at flight cuts, slower growth and job losses if deliveries of Boeing 737 Max jets keep being delayed. CEO Michael O'Leary says on an earnings conference call Monday that the airline was supposed to get 58 Maxes by ...
Europe melts under Sahara heat wave, smashing temperature records
Even ice cream, Italian gelato or Popsicles couldn't help this time. Temperature records that had stood for decades or even just days fell minute by minute Thursday afternoon and Europeans and tourists alike threw themselves into fountains, lakes, rivers or the sea to escape a ...
