Business

EU Seeks More Protection For Uber-Style Jobs

The European Commission said on Monday it wants more social protection and rights for workers on short-term and other non-standard contracts to tackle growing inequality. The Commission’s consultation document on these plans is part of a broader reworking of EU...

London Refuses To Renew Uber’s Licence For Security Reasons

BEVERLY HILLS, September 22, (THEWILL) - Transport for London (TfL) has said it will not issue a new operating licence to Uber citing public safety and security concerns. TfL said the luxury taxi service is “not fit and proper” to operate...

Facebook Donates $1 Million To Aid Victims Of Mexico Earthquake

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Facebook says it will give $1 million to the Red Cross in Mexico to help rebuild areas that were decimated by a powerful earthquake this week. The tech giant said in addition to its gift to Cruz Roja Mexicana, a...

Swiss Shut Down ‘Fake’ E-Coin In Latest Cryptocurrency Crackdown

Switzerland’s financial watchdog has closed down what it said was the provider of a fake cryptocurrency and is investigating around a dozen other possible fraud cases, in the latest clamp-down on the risks involving virtual money. The move by the...

Toyota President Says Will Continue To Make Variety Of Vehicle Types

Toyota Motor Corp (7203.T) President Akio Toyoda on Tuesday said his company would continue to make a variety of vehicle types available to customers, even as tighter global regulations are prompting automakers to develop more electric vehicles. “EVs (electric vehicles)...

With New Operating System, Apple Revamps Its Money-Making App Store

Apple Inc’s newest operating system for iPhones and iPads introduces changes to its marketplace for third-party software to satisfy app developers and add new so-called augmented reality apps. The system, called iOS 11, is being released on Tuesday ahead of...

Oil Edges Up As IEA Sees Higher Oil Demand, Shrinking Inventories

Oil prices ticked higher on Wednesday after the International Energy Agency said the global oil surplus was starting to shrink due to robust global demand and an output drop from OPEC and other producers. U.S. West Texas Intermediate (WTI) CLc1...

Apple Launches $999 Iphone X In Bid To Regain Innovation Lead

Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a glass and stainless steel device with an edge-to-edge display that Chief Executive Tim Cook called “the biggest leap forward since the original iPhone.” The launch contained few surprises, with...

Whatsapp Co-Founder Brian Acton To Leave Company

Brian Acton, co-founder of WhatsApp, now owned by Facebook Inc (FB.O), will leave the messaging service company to start a new foundation, he said in a Facebook post on Tuesday. Acton spent eight years with WhatsApp, which Facebook bought in...

Wall Street Open Higher As Irma, North Korea Fears Ebb

Wall Street opened sharply higher on Monday on relief that Irma weakened to a tropical storm and North Korea did not conduct a nuclear test over the weekend as feared. The Dow Jones Industrial Average .DJI rose 157.28 points, or...