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Top financial institutions are calling for global cooperation on central bank digital currencies. The Bank for International Settlements, the global body for central banks, issued a report Friday saying that central banks should work to achieve “interoperability” between their digital currency projects. This can be achieved through a number of ways, the report said, such […]

Last month, Microsoft chief Satya Nadella teased “one of the most significant updates of Windows of the past decade,” and on Thursday the company is planning to present it to the public. Refreshing the 35-year-old operating system can result in additional revenue growth for the world’s second-most valuable public company, behind only Apple. Over time, the new Windows will likely be widely […]

Italian supercar maker Lamborghini announced Tuesday that it will launch a fully-electric car in the second half of the decade. Presenting a transformation program, Lamborghini, owned by German firm Volkswagen, laid out “a roadmap to the decarbonization of future Lamborghini models and of the Sant’Agata Bolognese site,” its factory headquarters in Italy. It said the next 10 […]

Facebook is trying to exert its monopoly power in Australia, by restricting publishers from posting content on Facebook Pages, according to Peter Lewis, director of the Centre for Responsible Technology at the think tank Australia Institute. He explained that the social networking giant built itself up on the offer of free access, while downplaying the collection […]

iClick Interactive Asia Group Limited, an independent online marketing and enterprise data solutions provider in China, and KLWTT (“KLWTT”), a leading provider of automated marketing services in Southeast Asia, a member of Oracle PartnerNetwork (OPN), announced that they have chosen to collaborate with Oracle to offer its Oracle Advertising and Customer Experience (CX) suite of offering to their customers. Through this association, iClick and KLWTT’s […]

One of Australia’s leading online retailers, Kogan.com, has bought one of New Zealand’s biggest, Mighty Ape. Kogan is paying $AU122.4 million (NZ$128m) for the New Zealand company. Mighty Ape sells electronic games, board games, toys, homewares, collectibles and consumer electronics, and is forecast to earn $NZ15m in operatings earnings from revenues of $145m in the […]

A recent study has shown that a UV light technology already used to prevent the spread of other airborne diseases in buildings has the potential to be effective against COVID-19. The research, published in the journal PeerJ, found that upper room UV germicidal irradiation (UVGI) can kill SARS-CoV-2 virus particles, which can be transmitted by aerosolised […]

The Swiss Federal Council has updated the rules of travel quarantine at its meeting of October 28, during which several other measures were approved in a bid to combat the further spread of the Coronavirus pandemic in the country. Throughout the meeting, the Council agreed to set a new threshold of cases per country, for […]

British Airways Chairman and CEO Alex Cruz will step down as the airline’s chief executive, parent firm IAG announced on Monday, with Aer Lingus Chairman and CEO Sean Doyle set to take the reins after a transition period. “We’re navigating the worst crisis faced in our industry and I’m confident these internal promotions will ensure IAG is […]

Major European economies are downgrading already dire economic forecasts on the back of a second wave of coronavirus infections sweeping through the continent, with over 6.3 million cases now reported in the region. The Bank of Spain warned Tuesday that strict measures to contain the spike in virus cases could push the country into a worse-than-expected […]