Sunday , August 20 2017

Tencent, Weibo, Baidu probed over ‘law breach’

epa04129215 A smartphone running the Sina Weibo social networking app is seen against a background of the company logo on screen in Beijing, China, 17 March 2014. Sina Weibo is one of a number of large Chinese technology companies preparing for initial public offerings (IPO) this year.  EPA/ADRIAN BRADSHAW

Bloomberg China’s online watchdog has launched an investigation into reports of multiple violations at news services run by Tencent Holdings Ltd., Baidu Inc. and Weibo Corp., as the government continues to tighten scrutiny over internet content. The Cyberspace Administration of China said it’s instructed its Beijing and Guangdong branches to ...

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Thailand, Philippines want no part of dollar bond boom

Bloomberg Over in Asia’s booming dollar-bond market, there are two notable absentees: Thailand and the Philippines. The two countries are missing out on the rush to dollar-denominated debt, instead relying on their domestic fixed-income markets and lending from banks— something that’s unlikely to change anytime soon. Issuance from Thailand and ...

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UK seeks Brexit momentum with EU as key ministers end dispute

epa06129932 A photograph released 07 August 2017 shows the UK's financial heart, the City of London in London, Britain, 06 July 2017. Reports state the future of London as the world's financial hub may be in jeopardy after Brexit as a number of leading international financial institutions and banks have already announced they will move their operational headquarters to continental EU countries. Among the competing cities hoping to benefit from the re-location of banks are Frankfurt, Amsterdam, Dublin and Paris, all cities located in a EU member country.  EPA/ANDY RAIN

Bloomberg The UK is seeking to regain momentum in so-far sluggish Brexit negotiations by publishing this week the first outline of its positions as two key ministers issued a joint declaration on a the post-European Union transition period, ending their disagreement over the issue. The government plans to issue the ...

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Angela Merkel drags in carmakers as ‘campaign’ enters home stretch

epa06139875 Germany's Christian Democratic Union (CDU) party chairwoman and German Chancellor Angela Merkel speaks during the election campaign opening event of the German Christian Democratic Union party in Dortmund, Germany, 12 August 2017. The general elections in Germany will be held on 24 September.  EPA/FRIEDEMANN VOGEL

Bloomberg Chancellor Angela Merkel hit the campaign trail with a swipe at German auto executives for a diesel cheating scandal, sounding a pro-labour message she’ll use to counter her Social Democratic Party challenger leading up to the country’s Sept. 24 election. As polls give Merkel’s Christian Democratic Union-led bloc a ...

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Fired Google employee gives his account

epa06052511 The Google logo is seen on its office building in St Pancras in London, Britain, 27 June 2017. The European Commission on 27 June 2017 would fine the Google with 2.4 billion euros for abusing its dominance as a search engine. The company has 90 days to stop its illegal activities or face fines.  EPA/FACUNDO ARRIZABALAGA

Bloomberg The former Google engineer, whose controversial memo has triggered a nationwide debate on gender differences and diversity efforts in technology, defended his views in an interview Wednesday with Bloomberg Television, saying company executives are smearing him in its wake. James Damore, who until Monday worked as an engineer on ...

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Trump condemns hatred, bigotry, violence on many sides in Virginia

epaselect epa06141385 Virginia State Police inspect the site where a vehicle hit protesters in Charlottesville, Virginia, USA, 12 August 2017. According to media reports at least one person was killed and 19 injured after a car hit a crowd of people counter-protesting the 'Unite the Right' rally which was scheduled to take place in Charlottesville on 12 August. At least 15 others were injured in clashes during protests.  EPA/TASOS KATOPODIS

Bloomberg Donald Trump condemned hatred, bigotry and violence “on many sides” after clashes at a white nationalists’ rally in Charlottesville, Virginia, capped off by incidents which left three people dead, including a pedestrian and two in a helicopter crash. The president spoke after two days of violent protests in the ...

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