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  • World Biz  |  JULY 31, 2015 5:28 PM

    Google refuses order to apply ‘right to be forgotten’ globally

    Story by
    www.reuters.com

    Google Inc is refusing to bow to an order from the French privacy watchdog to scrub search results worldwide when users invoke their “right to be forgotten” online, it says, exposing itself to possible fines. The French data protection authority CNIL …

     
  • World Biz  |  JULY 31, 2015 5:25 PM

    IAG focus on costs as competition intensifies

    Story by
    www.reuters.com

    IAG, owner of British Airways and Iberia, said on Friday it will continue to focus on driving down costs as competition intensifies both within Europe and as rivals put on more capacity on its all-important transatlantic routes. IAG, which is …

     
  • Featured and Exclusive & World Biz  |  JULY 31, 2015 4:48 PM

    Samsung drops RM38 bil in market cap on slow S6 sales

    Story by
    www.bloomberg.com

    Sluggish sales of Samsung Electronics Co’s Galaxy S6 smartphones helped trigger a share decline that wiped more than US$10 billion (RM38.2 billion) from its market value in July – almost twice the capitalisation of local rival LG Electronics Inc. The …

     
  • World Biz  |  JULY 31, 2015 3:54 PM

    Consumer spending bolsters US 2Q growth

    Story by
    www.reuters.com

    US economic growth accelerated in the second quarter as solid consumer spending offset the drag from weak business spending on equipment, suggesting a steady momentum that could bring the Federal Reserve closer to hiking interest rates this year. Gross domestic …

     
  • World Biz  |  JULY 31, 2015 3:11 PM

    Indonesian gov’t to accelerate growth of power network

    Story by
    www.bernama.com

    The government said it will accelerate implementation of plan to build 46,000 kilometers of power transmission networks as part of the plan to build power generating plants with a total capacity of 35,000 megawatts until 2019, Indonesia’s Antara news agency reported. …

     
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