Bloomberg LP will appoint an ombudsman and create a task force to review the way the company gathers news after a report confirmed its journalists routinely looked at client information intended for customer support employees. The report, which Bloomberg commissioned and released on Wednesday, found that journalists could gain access to data including clients' log-in
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Facebook Inc CEO Mark Zuckerberg has enlisted Samsung Electronics Co Ltd, Qualcomm Inc and other technology companies to help him in a project aimed at making Internet access affordable for the 5 billion people around the world who are not online. The group, called internet.org, is the latest effort by an Internet company to seek
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Private companies plan to invest $8.6 billion in tourism projects in Mexico over the next three years, President Enrique Pena Nieto said on Wednesday, as the country's tourism industry works to overcome publicity from drug-related violence. The investment will focus on building new hotels, refurbishing existing ones, and giving public spaces a facelift. Acapulco, one
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A climate of fear that kept Egyptians compliant during the 30-year rule of Hosni Mubarak is creeping back into daily life, less than three years after the revolt that toppled him. Ordinary people like Mohamed, who runs a tiny Cairo shop selling mobile phone accessories, now lower their voices if they oppose the army's overthrow
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Asian markets were under the cosh on Thursday as a spike in U.S. bond yields drove up borrowing costs globally, and even surprisingly strong data from China couldn't completely staunch the bleeding. Emerging markets again bore the brunt of the selling as many have come to rely on cheap dollars to underpin domestic demand and
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Syrian President Bashar al-Assad's forces bombarded rebel-held suburbs of Damascus on Thursday, activists said, keeping up pressure on the besieged region a day after the opposition accused the army of gassing hundreds in a chemical weapons attack. With Wednesday's death toll estimated between 500 and 1,300, what would be the world's most lethal chemical weapons
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US Noble Energy that carries out an appraisal well in Cyprus` block 12 will proceed with a drill stem test in mid – September, Cyprus Energy Minister Giorgos Lakkotrypis has said. "There is an intention to do a drill stem test to examine the pressure and the quality of the reservoir," Lakkotrypis told reporters following
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Representatives of Greek and Cypriot organizations abroad, who gathered for their annual conference, began their deliberations focusing on two main topics, the state of the economy and developments in UN-led efforts to find a political settlement to reunite Cyprus, divided since the 1974 Turkish invasion. Delegates from all over the world also talked about their
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The Council of Ministers has abolished taxation for immovable property, as long as the property in question is worth no more than 5,000 euros, based on the benchmark 1980 valuations. Government spokesman Christos Stylianides said the Cabinet meeting chaired by President Nicos Anastasiades at the presidential retreat in the Troodos Mountains decided to ammend the
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Recorded case of crime in the years 2007-2010 increased in 12 EU member states, including Cyprus, according to Eurostat. However the latest collection of data suggested a tendency towards a decrease in the levels of recorded crime. Crimes linked to drug trafficking, robbery and violent crimes decreased between the 3 and 6%, while the number
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