EU privacy law heralds new era in online data protectionon May 26, 2018New European privacy regulations that go into effect on Friday will force companies to be more attentive to how they handle customer data, while bringing consumers both new ways to control their data and tougher enforcement of existing privacy rights. The European Union General Data Protection Regulation (GDPR) replaces the bloc's patchwork of rules dating back to 1995 and heralds an era where … [Read more...] about EU privacy law heralds new era in online data protection
US natural gas poised for global riseon May 26, 2018The United States produces natural gas in abundance and is poised to become the world's third-largest exporter by 2020, a production ramp-up supported by President Donald Trump. Thanks to advances in shale gas production, notably in the northeast, America has been the world's largest natural gas producer since 2009 and extracted two billion cubic meters per day in 2017. The United States is … [Read more...] about US natural gas poised for global rise
Journalist found dead in ‘pool of blood’ at home in northern Mexicoon May 26, 2018A female journalist was found dead Thursday at her home in Mexico with stab wounds to the back of the neck, the state attorney general's office said. Alicia Diaz Gonzalez, 52, was found by her children, who were upstairs at the time and did not hear anything awry, the office said. The woman "was on the floor, face down, in a pool of blood having suffered blows," a source from the Nuevo Leon … [Read more...] about Journalist found dead in ‘pool of blood’ at home in northern Mexico
Australia’s Steve Smith named among marquee players for Global T20 Canada eventon May 26, 2018SYDNEY: Disgraced former Australia cricket captain Steve Smith appears poised to return to the game after being named Thursday among the marquee players for the inaugural Global T20 Canada event. Smith, the world’s number one Test batsman, was sacked and sent home in disgrace after the third Test against South Africa in March. He later accepted a 12-month ban from all international and domestic … [Read more...] about Australia’s Steve Smith named among marquee players for Global T20 Canada event
Tax-dodge strategists probe loopholes in new US law, IRS waryon May 26, 2018Tax experts for global corporations are hot on the trail of loopholes in the sweeping tax law approved in December by President Donald Trump and Republicans in the US Congress. Barely five months since it took effect, the law is already yielding potential tax-dodge gimmicks, from revising cross-border payments to substituting bank loans for internal debt. These fast-emerging strategies are … [Read more...] about Tax-dodge strategists probe loopholes in new US law, IRS wary
Oil prices fall as Russia floats gradual production increaseon May 26, 2018Oil prices fell on Friday as Russia hinted it may gradually increase output, after having withheld supplies in concert with producer cartel OPEC since 2017. Brent crude futures were at $78.43 per barrel at 0657 GMT, down 36 cents, or 0.5 percent, from their last close, and 2.6 percent below the $80.50 multi-year high they reached on May 17. Brent broke through $80 for the first time in more than … [Read more...] about Oil prices fall as Russia floats gradual production increase
Iran’s first female manufacturer, a victim of Trumpon May 26, 2018She fought through a male-dominated world to become perhaps Iran's first female manufacturing boss, and was on the cusp of major success with the help of a European investor. Until Donald Trump brought her crashing back to earth. When Leila Daneshvar was a little girl, she used to sit on the floor of her father's workshop, asking for small jobs. "He was a mechanic, and I always had the … [Read more...] about Iran’s first female manufacturer, a victim of Trump
Politics aside, work starts on Russia-Germany gas pipelineon May 26, 2018A political row over Europe's energy security is not hindering preparatory work for the subsea Nord Stream 2 gas pipeline from Russia to Germany, with dredging work starting off the Baltic coast last week. The new pipeline, an initiative of Russia's Gazprom and five European companies, will double Russia's export capacity of 55 billion cubic metres to Germany. However, eastern European and … [Read more...] about Politics aside, work starts on Russia-Germany gas pipeline
International cricket struggles as T20 nomads chase white ball goldon May 26, 2018NEW DELHI: Asian nations are clamping down on the number of Twenty20 leagues players can compete in as global cricket chiefs struggle to regulate the format’s phenomenal rise. But with stars like West Indies batsman Chris Gayle and England’s Ben Stokes making fortunes in the cash-rich Indian Premier League (IPL), Australia’s Big Bash League and other Twenty20 tournaments around the world, players … [Read more...] about International cricket struggles as T20 nomads chase white ball gold
UK households less confident as economy worries growon May 26, 2018British households turned less confident in May, reflecting uncertainty about the economy's prospects ahead of Brexit next year, according to a survey published on Friday. YouGov, a polling firm, and the Centre for Economics and Business Research, a consultancy, said their consumer confidence index fell to 108.4, down 1.4 points from April. "If confidence doesn’t recover soon it could damage … [Read more...] about UK households less confident as economy worries grow
