Tsunami warning for parts of Indonesia’s Sumatra, Java after strong quake
Indonesian authorities issued a tsunami warning in the wake of a magnitude 7 earthquake off the islands of Sumatra and Java.
Carers bullied by government, MPs say
Carers mistakenly paid too much benefit must repay the cash and some face court action.
Pinterest shares soar after Deutsche Bank upgrade and raising guidance
Deutsche Bank raises its rating on Pinterest shares to buy from hold, citing the company’s rapidly scaling ad business.
European bank chiefs tell ECB: low interest rates won’t fix Europe
Despite averting disaster in the current earnings season, European banks continue to be plagued by persistent low interest rates.
Apple and Google stop workers playing back voice recordings
The tech giants say they will temporarily stop using humans to monitor smart speaker recordings.
Amazon announces new renewable energy projects in the US and Ireland
Amazon is one of many big businesses turning to renewable sources of energy such as solar and wind.
US ends Reagan-era nuclear missile pact with Russia
Russia has continued to develop and site SSC-8 missiles within range of almost all European nations.
Saudi Arabia backs $550 million investment in health start-up Babylon, valuing it at $2 billion
Babylon has attracted criticism from health professionals over a claim that its AI can diagnose medical conditions as accurately as doctors.
Mark Carney warns of instant shock from no-deal Brexit
The Bank of England governor says prices will rise if the UK leaves the EU without an agreement.
Trump’s new tariffs on China might shrink the global economy, says bank CEO
“It’s not good for Asia’s economy, it’s not good for China, but it’s also not good for the U.S., because ultimately, we are not able to utilize the efficiencies that each of the economies are able to offer,” says OCBC’s chief executive officer.
