Month: January 2018

Facebook set to ban cryptocurrency ads on its platforms

Facebook Inc. said on Tuesday it will ban ads promoting financial products and services tied to cryptocurrencies and initial coin offerings. “We’ve created a new policy that prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency,” Facebook’s… Read More Facebook set to ban cryptocurrency ads on its platforms

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Volkswagen suspends chief lobbyist over diesel fumes report

Volkswagen suspended its chief lobbyist on Tuesday in response to reports the carmaker had sponsored tests that exposed monkeys and humans to toxic diesel fumes, methods condemned by its chief executive as repulsive. Europe’s largest automaker has come under fresh scrutiny after the New York Times said last week that it and German peers BMW… Read More Volkswagen suspends chief lobbyist over diesel fumes report

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Startup firm Fair acquires Uber vehicle lease unit

Ride-hailing firm Uber on Tuesday said it would sell vehicles and the existing lease portfolio of its auto-leasing business Xchange Leasing to startup digital car marketplace Fair. The companies did not disclose financial terms. “We bought every car in the portfolio that is subject to an active lease agreement,” a Fair spokesperson said. Fair said… Read More Startup firm Fair acquires Uber vehicle lease unit

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Eleven soldiers killed as militants raid military academy in Afghan capital Kabul

Militants on Monday raided a military academy in Kabul, the Afghan capital, killing 11 soldiers, the fourth major attack in a spate of violence over the past nine days that is putting a new, more aggressive U.S. strategy under the spotlight. Five gunmen attacked an army outpost near one of Afghanistan’s main military academies on… Read More Eleven soldiers killed as militants raid military academy in Afghan capital Kabul

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Several killed, injured as militia groups clash in southern Yemen

Several people were killed and injured as armed groups fought each other in the southern Yemeni city of Aden on Sunday, medical staff at hospitals in the city said. Gunmen were deployed throughout most districts of the city and there was heavy gunfire, according to reports from residents. There have been rising tensions between southern… Read More Several killed, injured as militia groups clash in southern Yemen

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Police rescue foreign expatriates abducted in Kaduna

Two foreign miners kidnapped in Kaduna state on the 23rd January, 2018 by gunmen have been rescued by the Intelligence Response Team (IRT) of the Nigeria police. Mr Thomas Arnold Pearce and Mr Hendrik Gideon Smith, both of South African nationale, were reportedly adopted in Maidaro village while carrying out minning activities. Their abductors later… Read More Police rescue foreign expatriates abducted in Kaduna

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