Colombia coal exports plummet after ban on Israel sales
Colombia’s coal exports fell by almost half in July compared to the same month last year, official figures showed Wednesday, amid a global price crisis and days after President Gustavo Petro’s ban on sales to Israel. Colombia is Latin America’s leading coal producer but the sector has contracted for five consecutive quarters due to the […]
Record French fines for Google and Shein over cookies
France’s data protection authority on Wednesday issued record fines against search giant Google and fast-fashion platform Shein for failing to respect the law on internet cookies. The two groups, each with tens of millions of users in France, received two of the heaviest penalties ever imposed by the CNIL watchdog: 150 million euros ($175 million) […]
Asia markets tick up after Wall Street rebound
Asian stock markets were mostly up Thursday morning, tracking gains made on Wall Street as a weak labour market report in the United States boosted hopes for an interest-rate cut. European and US equities rebounded Wednesday as a global bond selloff eased, with shares in Google parent Alphabet jumping after a favourable court ruling. Meanwhile, […]
Jury tells Google to pay $425 mn over app privacy
A US federal jury on Wednesday ordered Google to pay about $425 million for gathering information from smartphone app use even when people opted for privacy settings, the company confirmed. “This case is about Google’s illegal interception of consumers’ private activity on consumer mobile applications (apps),” attorneys for the plaintiffs charged in a class action […]
Trump’s pick for US Fed governor vows to uphold independence
Donald Trump’s pick to join the Federal Reserve’s board of governors pledged Thursday to uphold US central bank independence if confirmed, as the institution faces growing political pressure from the president to slash interest rates. “The Federal Open Market Committee is an independent group with a monumental task, and I intend to preserve that independence,” […]
