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| Oil falls after Trump goes after OPEC in a tweet It was not immediately clear what sparked Trump's OPEC tweet, but Reuters reported earlier this week that Saudi Arabia would like oil prices to rise above $80 a barrel in order to support the stock market debut of the kingdom's oil giant Saudi Aramco. That has stirred speculation that the Saudis could ...
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| Taxi firms face claims over drivers' rights in wake of Uber case The battle for rights for gig economy workers is stepping up as the union behind legal action against Uber targets three taxi firms that say their drivers are not entitled to holiday pay or the minimum wage. Green Tomato Cars, which calls itself "London's green and ethical car service", luxury airport transfer ...
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| Ex-official in Bremen suspected of illegally approving 1200 asylum cases The employee headed the BAMF office in Bremen and worked with three lawyers who assisted her in wrongfully granting asylum to refugees from other federal states, according to joint research conducted by Süddeutsche Zeitung (SZ), NDR and Radio Bremen. Many of the applicants were said to have ...
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| Soros's Open Society Foundation considers shutting in Hungary George Soros's Open Society Foundations are considering shutting down their office in Budapest if Hungary passes a so-called Stop Soros law restricting activities of non-governmental groups, in a significant blow to civil society in the country. OSF is reviewing options for the future of its Budapest HQ ...
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| Elsewhere in unusual interest-rate moves... The Treasury issued more than $300bn of net new bills in the first quarter of this year, which the rates strategists at Wells Fargo called " monumental". And as bank balance sheets become laden with those securities, financing costs in repo markets have climbed in turn. At the same time, the Fed is ...
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| Twitter doesn't care that someone is building a bot army in Southeast Asia Facebook's lack of attention to how third parties are using its service to reach users ended up with CEO Mark Zuckerberg taking questions from Congressional committees. With that in mind, you'd think that others in the social media space might be more attentive than usual to potentially malicious actors ...
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Beyond the Clouds review – brash Bollywood in the Mumbai underworld His latest movie is a departure: a slightly misfiring Hindi-language Bollywood-style melodrama set in the Mumbai underworld, with a forthright musical soundtrack from veteran composer AR Rahman. It, too, is about a brother and sister, but they are older and more disillusioned. Amir (Ishaan Khattar) is a ...
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