Social media giant Facebook on Thursday banned various far-right British groups including the English Defence League from its network for promoting hate and violence.
The World Trade Organization on Thursday largely sided with the United States in its Obama-era case against Beijing over Chinese restrictions on imports of American grain.
The French maker of the blockbuster game “Assassin’s Creed Unity”, which takes place inside the Notre-Dame cathedral, said Thursday it was offering the title for free for a week to give players a peek inside the fire-scarred monument.
The corruption scandal involving Latin America’s biggest construction company Odebrecht took a dramatic turn Wednesday with the suicide of former Peruvian president Alan Garcia, who was embroiled in the affair.
Google on Thursday said users of its hugely popular Android devices would be offered a choice of five browsers and search engines as part of the company’s effort to meet EU competition concerns.
British energy exploring minnow Chrysaor said Thursday it has agreed to buy US giant ConocoPhillips’ North Sea oil and gas assets for $2.7 billion.

Business News Ukraine risks defaulting if bank returned to tycoon: president

Ukrainian President Petro Poroshenko warned on Thursday that the country risks defaulting on its debt if its biggest lender, PrivatBank, is handed back to a controversial tycoon.

Business News Unilever says on track for 2019 despite Q1 drop

Anglo-Dutch food and cosmetics giant Unilever said Thursday it was on track to make its targets for 2019, despite a drop in first quarter sales as it finalised selling its extensive spreads business.

Business News US retail spending rebounds in February, driven by autos

American consumers resumed spending in March, snapping up autos ahead of the summer driving season and pushing the US retail sector to its biggest gains in 18 months, government data showed Thursday.

Business News Erdogan slams Western media over negative economy coverage

Turkey’s President Recep Tayyip Erdogan on Thursday criticised Western media coverage of the country’s economy after a Financial Times report questioned the central bank’s management of foreign currency reserves.

Business News Rich vs poor: Donations row shatters French unity over Notre-Dame

France’s culture minister pleaded Thursday for an end to the controversy over the 850 million euros (950 million dollars) pledged to restore Notre-Dame cathedral, which critics have suggested would be better spent on the poor.

Business News UK retail sales surge despite Brexit uncertainty

British retail sales rose far more than expected in March, official data showed Thursday, despite political uncertainty over Brexit and turmoil for department stores.

Business News Portugal petrol strike lifted

Fuel haulers in Portugal lifted on Thursday a strike that caused long lines at petrol stations days before a long holiday weekend following mediation by the government.

Business News Eurozone business growth lowest since 2014: survey

Eurozone business growth was at its lowest level since 2014, a closely watched survey said on Thursday, dragged down by stagnation in France and a sluggish Germany.

Business News Protracted strike at Sibanye over following wage deal

The wage settlement agreement has been welcomed by Minister of Labour Mildred Oliphant.

Business News Is there a witch-hunt for the next Steinhoff?

In an environment of negative sentiment, mispricing may create opportunities.

Business News PIC inquiry whistle-blower fears ‘repercussions’ after Ayo testimony

An Ayo executive spilled the beans on the company’s governance issues after being subpoenaed to appear before the commission.

Business News Japan’s Suzuki in domestic recall of 2 mln vehicles

Japanese small car manufacturer Suzuki announced Thursday it was recalling two million vehicles shipped domestically, citing improper inspections and a series of other faults including false fuel efficiency data.

Business News Policy, political parties leave SMMEs out in the cold

Crippling regulations, no recourse and only empty election promises by political parties prevent small business from boosting the economy.

Business News Jet shares nosedive after flights grounded, lenders ‘hopeful’

Jet Airways shares plunged more than 32 percent on Thursday, hours after the Indian carrier’s final flight landed following a decision to ground its entire fleet.

 

 

 

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