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Sri Lanka Marxists eye selective foreign capital if win presidency
Sri Lanka's main Marxist leader and a key presidential hopeful in elections next month pledged on Monday to selectively welcome foreign investors, especially in green energy, if he wins. Dissanayaka is pledging to scrap Sri Lanka's presidential system and revert the country to the British-style parliamentary democracy, which existed until 1978.
Dutch hit Uber with 290-mn-euro fine over driver data
The Dutch data protection watchdog said Monday it hit ride-hailing app Uber with a 290-million-euro ($324 million) fine over the transfer of personal data of European drivers to US servers. It is the DPA's third fine against Uber following fines of 600,000 euros in 2018 and 10 million euros last year. cvo/lth/yad
Big polluters urged to pay as key Pacific summit opens in Tonga
Emissions-belching nations were challenged to stump up for climate-related damage as a key Pacific islands summit opened on Monday, with low-lying Tuvalu declaring: "If you pollute, you should pay." "We really need to ensure that we continue to push for action from countries that are the most polluting," Tuvalu Climate Minister Maina Talia told AFP on the sidelines of the summit.
Australia gives millions of workers 'right to disconnect'
Australia gave millions of workers the legal right to "disconnect" on Monday, allowing them to ignore unreasonable out-of-hours calls, emails and texts from their bosses.
Asian markets boosted by Fed chief's rate cut talk
Most Asian equities rose with the yen on Monday after US Federal Reserve boss Jerome Powell said "the time has come" to start cutting interest rates, lining up the central bank for a move as soon as next month.
Durov: Mysterious and controversial Telegram founder
Russian-born tech entrepreneur Pavel Durov has founded wildly popular social networks as well as a cryptocurrency, amassed a multi-billion-dollar fortune and locked horns with authorities not just in Russia but around the world.
Thai officials raid illegal bitcoin mine after power outages
Thai authorities raided an illegal bitcoin mine west of Bangkok after residents complained of frequent blackouts in the area for more than a month, local authorities said Sunday. It was fourth time this year that authorities have raided an illegal bitcoin mine in Ratchaburi province. tp/aph/fox
Dealmakers ponder what's next after tough Biden antitrust years
President Joe Biden's skeptical approach to corporate mergers has been a hallmark of his administration's business policy -- a stance generally expected to ease if Donald Trump returns to the White House.
Telegram chief Pavel Durov arrested at French airport
Telegram chief executive Pavel Durov is expected to appear in court Sunday after being arrested by French police at an airport near Paris for alleged offences related to his popular messaging app, sources told AFP. The Franco-Russian billionaire, 39, was detained at Le Bourget airport north of the French capital on Saturday evening, one of the sources said, speaking on condition of anonymity.
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