Bloomberg

Apple to focus on cameras on iPhone 11; new iPads, larger MacBook Pro also coming

Apple will be focusing on improving the cameras of the upcoming iPhone 11 lineup. It will also be launching newer iPads and a larger MacBook Pro.

‘Floccinaucinihilipilification’: The word RBI used while talking about economic forecast

The Oxford dictionary says the word is a rare one originating in the mid-18th century to describe the action of estimating something as worthless.

Amazon opens India campus, its largest in the world

Built in Hyderabad over three years, the new campus is Amazon’s first owned building outside of the United States, spans 1.8 million square feet of office space.

Boris Johnson’s bid to renegotiate Brexit starts on Irish border

UK Prime Minister Boris Johnson made his first public attempt to renegotiate the Brexit deal by telling the European Union he wants to explore different ways to prevent a hard border on the island of Ireland.

Epstein created trust with $578 million days before suicide

All of Epstein's assets were transferred to the trust as of Aug. 8, two days before he died, assuring that details on how the proceeds are distributed may remain private.

Oil climbs as Huawei delay gives hint of some trade war progress

The drone strike by Yemeni rebels on the Shaybah field in Saudi Arabia, the source of about 1 million barrels a day, was a reminder of the continuing threats in the heart of global crude production. The attack sparked only a small fire and no disruption to output

Fortis CEO plans cost cuts of 20% to nurse it back to health

“This is the new Fortis,” he said, pointing to his own office as an example, where all the furniture had been replaced with a conference table so the space can double as a meeting room. “Simple, uncluttered and transparent.”

US unveils warrant to seize Iran ship stuck at Gibraltar

The shipping agent for Grace 1 said logistical preparations are being made for the vessel to be ready to leave within the next 24 to 48 hours.

Amazon, Swatch, Daimler and the risks of a global recession

Investors are bracing for a significant downturn in the world economy, cutting earnings estimates amid a market sell-off. While all cyclical industries face some form of risks, some companies within each sector are more vulnerable than others as the outlook deteriorates. In recent recessions, technology and finance were the triggers — the internet bubble caused […]

US backs F-16 sale to Taiwan, drawing warning from China

Last month, China’s Foreign Minister Wang Yi warned the U.S. not to “send a wrong signal to separatist forces in Taiwan, don’t repeat mistakes and don’t play with fire on Taiwan-related issues.”

Facebook’s listening stirs senator’s ire over Zuckerberg remarks

Democratic Senator Gary Peters of Michigan cast doubt about Mark Zuckerberg’s congressional testimony amid revelations that Facebook Inc has been paying contractors to transcribe audio clips from its users.

Putin’s iconoclastic economics guru to lose Kremlin post

Sergei Glazyev will switch to the Eurasian Economic Commission that oversees relations between member states of the Eurasian Economic Union, comprising Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan, a commission spokesman said Friday.

Trump’s oil sanctions leave Russian exporters $1 billion richer

The sanctions added to a jump in demand for Russian crude in the wake of output cuts from the Organization of Petroleum Exporting Countries and their partners. As a result, Russia’s Urals blend of crude has started to regularly trade at a premium to Brent

Facebook quizzed by Irish privacy watchdog for listening to user audio

The Irish regulator, which takes the lead in overseeing Facebook in Europe, said it’s already looking at similar data processing by Google, Apple Inc and Microsoft Corp.

World’s biggest oil tanker starts 12,400-Mile trip to fuel-storage zone

More than 1,200 feet long, 16 years old, and able to hold roughly a day of France’s and Britain’s combined oil consumption, Oceania will arrive at Sungai Linggi in Malaysia at the end of September, according to recent signals from the vessel.

US regulator bans recalled Apple laptops from flights

In a statement, the US Federal Aviation Administration said it was “aware of the recalled batteries that are used in some Apple MacBook Pro laptops” and stated that it alerted major US airlines about the recall.

Facebook paid contractors to transcribe user audio files

Facebook, which just completed a $5 billion settlement with the US Federal Trade Commission after a probe of its privacy practices, has long denied that it collects audio from users to inform ads or help determine what people see in their news feeds.

Hong Kong Airport cleans up as Trump warns on Chinese troops

The images of riot police clashing with protesters at the airport further dented Hong Kong’s reputation as a stable place to do business during the 11th week of protests against a bill allowing extraditions to China.

UK gears up for Brexit-driven election that Johnson can’t call

The argument for an election is clear. Johnson has a governing majority in Parliament of just one seat, meaning he doesn’t have the votes to pass any controversial legislation.

Snap launches Spectacles 3 with two cameras, wire frames at $380

Spectacles 3, the latest wearable device from the company behind the Snapchat social-messaging app, let users record with two cameras instead of one, and have a steel wire frame rather than the chunkier plastic of previous models.

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