20 August 2019 • 4:42pm FTSE gains reverse as fears of further political turmoil in Italy rise Ocado shares jump as it retains title as UK's fastest growing grocer Greene King sold for £4.6bn to Hong Kong owner of Superdrug and Three BHP boss warns that nationalism is a threat to the world economy FTSE 100 and 250 lifted as German government hints at stimulus Markets rally after White House plays down signs of impending recession Paddy Dear: The magic money does exist - but can we trust politicians to use it? Auto update On Off 4:42PM IMF to send a delegation to Argentina Argentina has promised to use “all available tools” to stabilize its currency after last week’s rout. Meanwhile, the International Monetary Fund (IMF) said it would send a delegation to visit the country “soon”. An IMF spokesman said it was continuing discussions with Argentina as authorities work on their policy … [Read more...] about FTSE heads south as Italian political crisis mounts
The jakarta post online today
Jon Gambrell and Zeina Karam, Associated Press Updated 6:32 am CDT, Wednesday, May 1, 2019 FILE - In this April 22, 2019 file photo, mourners grieve at the burial of three members of the same family victims of an Easter Sunday bomb blast at St. Sebastian Church in Negombo, Sri Lanka. In a video released on April 29, the Islamic State group's leader extolled militants in Sri Lanka for “striking the homes of the crusaders in their Easter, in vengeance for their brothers in Baghouz,” a reference to IS’ last bastion in eastern Syria, which was captured by U.S.-backed fighters in March. less FILE - In this April 22, 2019 file photo, mourners grieve at the burial of three members of the same family victims of an Easter Sunday bomb blast at St. Sebastian Church in Negombo, Sri Lanka. In a video ... more Photo: Gemunu Amarasinghe, AP … [Read more...] about IS leader outlines path forward for his group post-caliphate
The summons was the first time since RMY was declared a suspect on Saturday, (Mar 16). "Today, it is scheduled to examine RMY as a corruption suspect for involvement in bribery for filling positions in the Ministry of Religion of the Republic of Indonesia in 2018-2019," KPK spokesman Febri Diansyah stated when confirmed in Jakarta on Thursday. In addition, the KPK summoned two other suspects in the case on Thursday: Head of Gresik District, Ministry of Religion, Muhammad Muafaq Wirahadi (MFQ) and Head of the East Java Provincial Ministry of Religion Haris Hasanuddin (HRS). Outlining the chronology of the case, the KPK explained that an open selection process was announced at the end of 2018 through the "Auction Service System for Candidates for High-ranking Officials." In the announcement, one of the positions to be filled was for head of the Regional Office of the Ministry of Religion, East Java Province. The announcement also appeared online on http://seleksijpt.kemenag.co.id. … [Read more...] about KPK calls suspect Romahurmuziy for examination
Facebook CEO Mark Zuckerberg published a 3,200-word plan to pivot to privacy.His vision is to split Facebook in two, creating a public and a private space for users.It will mean there are fewer ways for Facebook to gather the user information on which its $55.8 billion advertising business model relies.Zuckerberg knows this — but has answers for potentially jittery investors.It's almost a year to the day since Christopher Wylie blew the whistle on Facebook's giant Cambridge Analytica data breach, sparking a plague of scandals over how Facebook handles user information.In that time, #DeleteFacebook has trended, Facebook's days of double-digit user growth were declared dead, and the firm's own research showed diminishing trust levels. 50 PHOTOS Mark Zuckerberg through the years See Gallery Mark Zuckerberg through the years Mark Zuckerberg creater of 'Facebook', photographed at Eliot House at Harvard University, Cambridge, MA. on May 14, 2004. Facebook was created in … [Read more...] about Mark Zuckerberg says his plan to break Facebook in 2 could put its $56B business model at risk
In Indonesia – Southeast Asia’s largest, 265 million-strong economy – Facebook is faced with an unexpected dead end. After 12 years of super-charged global growth, the USD414 billion market cap champion and campus-based phenomenon has become the social media of choice for “old” people. Indeed, it appears to be losing its allure with its core demographic: the young, educated and upwardly mobile. In fact, many younger users have just stopped logging in. The reason? It’s simple. The “kids” apparently see Facebook as clunky and outdated. It’s tiresome algorithms prioritise family and friends over more interesting content. Of course, there are still markets where Facebook remains dominant. In Myanmar, some 91% of internet users frequent the site. Whether this level of penetration can be sustained as users in Yangon, Mandalay and beyond become more sophisticated is another matter. Elsewhere, Facebook’s well-publicised problems with … [Read more...] about OPINION: The Death of Facebook?