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Indonesia crash revelations raise pressure on Ethiopia probe

Reuters: Business News, March 20, 2019

The world’s biggest planemaker Boeing faced growing obstacles to returning its grounded 737 MAX fleet to the skies on Wednesday, while chilling details emerged of an Indonesian crash with similarities to the Ethiopian disaster.

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businessNews

Google fined $1.7 billion for search ad blocks in third EU sanction

Reuters: Business News, March 20, 2019

Google was fined 1.49 billion euros ($1.7 billion) on Wednesday for blocking rival online search advertisers, the third large European Union antitrust penalty for the Alphabet business in two only years.

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businessNews

EU’s Vestager says Google rivals more visible after changes

Reuters: Business News, March 20, 2019

Europe’s antitrust chief Margrethe Vestager gave a cautious welcome on Wednesday to Google’s attempts to boost rivals and offer Android users a choice of browser and search apps in order to comply with her orders in two separate cases.

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businessNews

Bayer shares slide after latest Roundup cancer ruling

Reuters: Business News, March 20, 2019

Shares in Germany’s Bayer’s fell more than 12 percent on Wednesday after a second U.S. jury ruled its Roundup weed killer caused cancer.

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businessNews

General Mills lifts profit view on cost cuts, price hikes; shares rise 6 percent

Reuters: Business News, March 20, 2019

General Mills quarterly profit beat Wall Street estimates and the Cheerios cereal maker raised its full-year forecast, benefiting from its efforts to cut costs and raise prices, sending its shares up 6 percent on Wednesday.

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PaymentsThe United Kingdom

FIS will acquire Worldpay for over 30 billion euros

Henoch, March 20, 2019

Fidelity National Information Services, a major financial service technology company from the US, has announced it will acquire Worldpay for over 30 billion euros. It’s the largest deal to date in the quickly growing electronic payments industry. The fintech sector is still growing very hard. Consultants at McKinsey think that… Continue reading

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businessNews

Stock futures muted as investors await Fed outlook

Reuters: Business News, March 20, 2019

U.S. stock futures were little changed on Wednesday as investors waited for more clarity on the Federal Reserve’s interest rate outlook for the year, while some trade worries still lingered.

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businessNews

FedEx falls on 2019 forecast cut, multiple brokerages lower price target

Reuters: Business News, March 20, 2019

Shares of FedEx Corp fell about 7 percent before the bell on Wednesday after the package delivery company cut its 2019 profit forecast for the second time blaming slowing global trade growth and continued weakness in its international Express business….

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businessNews

EU regulators fine Google 1.49 billion euros for blocking advertising rivals

Reuters: Business News, March 20, 2019

EU antitrust regulators handed down a 1.49 billion euro ($1.69 billion) fine to Alphabet unit Google on Wednesday for blocking rival online search advertisers, marking the company’s third penalty in two years.

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technologyNews

Toyota, Suzuki charge up partnership for electric cars

Reuters: Technology News, March 20, 2019

Toyota Motor Corp and Suzuki Motor Corp on Wednesday said they planned to produce electric vehicles (EVs) and compact cars for each other to better compete with fast-changing technologies in the global auto industry.

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technologyNews

Nordic metals firm Hydro restoring systems after cyber attack

Reuters: Technology News, March 20, 2019

Norsk Hydro, one of the world’s largest aluminum producers, has made some progress restoring operations but is not yet back to normal after it was hit by a ransomware cyber attack, the company said on Wednesday.

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businessNews

Volkswagen’s Skoda Auto: cannot repeat 2018 pay hikes in new round of bargaining

Reuters: Business News, March 20, 2019

Volkswagen’s Czech unit Skoda Auto does not expect to repeat the strong wage growth agreed in 2018 again in the latest round of collective bargaining, a board member said on Wednesday.

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Shares in Inmarsat jump on fresh bid approach

World News & Analysis, March 20, 2019
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businessNews

World shares face end to winning streak as Fed looms

Reuters: Business News, March 20, 2019

World shares faced an end to their longest winning streak of the year as investors took profits on Wednesday before the U.S. Federal Reserve’s policy decision, seen as offering clues to interest rate prospects over the coming year.

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How to migrate SQL Server 2008 applications to Azure

Dave Bermingham, March 20, 2019

Dave Bermingham is technical evangelist at SIOS Technology.With Extended Support for SQL Server 2008 and SQL Server 2008 R2 ending in July 2019, to be followed six months later by the end of Extended Support for Windows Server 2008 and 2008 R2 in Janu…

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Das Keyboard 5Q lights up for developers

Serdar Yegulalp, March 20, 2019

Das Keyboard has made a name as a maker of high-end keyboards for users with demanding standards for what they type on. Developers are a prime example, and so the new Das Keyboard 5Q, with a list price of $249, is billed as “the ultimate keyboard for d…

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A flicker of excitement

Sharky, March 20, 2019

Pilot fish is the non-IT IT guy for about 30 fellow cubicle farmers — the person the others turn to before calling IT with a problem. Comes one morning when fish is late, and one of his neighbors with a flickering CRT monitor can’t wait to ask for f…

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Facebook’s blockchain cryptocurrency could mean big money – and kill ‘fake news’

Lucas Mearian, March 20, 2019

Facebook is developing its own cryptocurrency for payments, according to at least two reports, a move that has the potential to make the social network billions of dollars while also helping to eliminate fake news and bots.Although the social media …

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businessNews

BMW warns of significant profit fall in 2019, seeks 12 billion euro in cuts

Reuters: Business News, March 20, 2019

BMW on Wednesday said it expected group pretax profit to fall by more than 10 percent in 2019 and announced a sweeping 12 billion euro ($13.6 bln) cost savings and efficiency plan to help offset higher technology investment and currency costs.

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businessNews

Counting the cost: Nissan unpicks Ghosn legacy of ‘high-handedness’ and ‘wrongdoings’

Reuters: Business News, March 20, 2019

In September 2007, despite weighty responsibilities at the helm of Nissan Motor Co and alliance partner Renault SA, Carlos Ghosn found time to get involved in a seemingly straightforward business decision.

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businessNews

Trial of former Nissan boss Ghosn’s expected to start in September: NHK

Reuters: Business News, March 20, 2019

The trial of former Nissan Motor Co boss Carlos Ghosn on charges of under-reporting his salary is expected to start in Tokyo in September, Japan’s public broadcaster NHK said on Wednesday.

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technologyNews

Italy to extend golden share powers to 5G technologies: League party

Reuters: Technology News, March 20, 2019

The Italian government plans to extend its special powers on strategic interests to 5G technologies in a bid to ease U.S. concerns over a planned accord on infrastructure Rome plans to sign with China this week, the ruling League party said on Wednesda…

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Saudi Arabia is giving its capital a $23 billion makeover

World News & Analysis, March 20, 2019

Saudi Arabia will be pumping $23 billion into a massive beautification project for its capital Riyadh, its government has announced.

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BlackRock: Investors are set to gain as China reworks its equity markets

World News & Analysis, March 20, 2019

“It’s really opening the door to a very new and promising financing channel over the medium to longer term. And I think people will read that positively,” said Helen Zhu, head of Chinese equities at BlackRock.

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technologyNews

SAP signals cloud intent as it ousts top in-house programmers

Reuters: Technology News, March 20, 2019

When business software company SAP announced in January it would lay off 4,400 staff, Chief Financial Officer Luka Mucic described the restructuring as a “fitness program” for Europe’s most valuable technology firm.

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Donald Trump Jr. criticizes UK Prime Minister May for ignoring his father’s advice on Brexit

World News & Analysis, March 20, 2019

Donald Trump Jr. also claimed "democracy in the U.K. is all but dead" in a newspaper column published Tuesday.

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businessNews

Japan government downgrades economy view as U.S.-China trade war bites

Reuters: Business News, March 20, 2019

Japan’s government downgraded its assessment of the economy in March for the first time in three years, blaming a bruising U.S.-China trade war for slumping exports and industrial output.

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Shares of Xiaomi plunge despite the Chinese tech giant besting earnings expectations

World News & Analysis, March 20, 2019

Chinese smartphone maker Xiaomi saw its stock swoon during Wednesday trade despite posting a fourth-quarter earnings report that beat expectations the previous day.

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technologyNews

Hydro still working to restore operations after cyber attack

Reuters: Technology News, March 20, 2019

Norsk Hydro, one of the world’s largest aluminum producers, has made some progress in restoring operations but is not yet back to normal after a ransomware cyber attack, the company said in a statement on Wednesday.

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technologyNews

EU antitrust chief news conference at 1030 GMT, Google likely in focus

Reuters: Technology News, March 20, 2019

European Competition Commissioner Margrethe Vestager will hold a news conference on an antitrust case at 1030 GMT (11.30 a.m. Brussels time), the European Commission said on Wednesday.

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Recent Posts

  • Indonesia crash revelations raise pressure on Ethiopia probe
  • Google fined $1.7 billion for search ad blocks in third EU sanction
  • EU’s Vestager says Google rivals more visible after changes
  • Bayer shares slide after latest Roundup cancer ruling
  • General Mills lifts profit view on cost cuts, price hikes; shares rise 6 percent
  • FIS will acquire Worldpay for over 30 billion euros
  • Stock futures muted as investors await Fed outlook
  • FedEx falls on 2019 forecast cut, multiple brokerages lower price target
  • EU regulators fine Google 1.49 billion euros for blocking advertising rivals
  • Toyota, Suzuki charge up partnership for electric cars

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