MARKET REPORT: Shares in oil giants surge after slick move from Opec

Oil was the main talking point after Opec decided against ramping up production in April. The surprise decision taken by the organisation, which includes Saudi Arabia, Iran and a host of African countries, sent Brent crude prices almost 5 per cent higher to $67.20 per barrel – its highest level since January 2020. Analysts said … Read more

German giant’s bonus haul after £1bn Bank loan

German chemicals giant BASF pays directors and staff bonus worth €360m after borrowing £1bn from Bank of England By Neil Craven, Financial Mail on Sunday Published: 21:51 GMT, 27 February 2021 | Updated: 21:51 GMT, 27 February 2021 German chemicals giant BASF has paid its directors and staff a bonus worth €360million (£312million) after borrowing … Read more

Biden administration drops Trump’s objections to a global digital tax on US tech giants

Biden administration drops Trump’s objections to a ‘global digital tax’ on US tech giants, paving the way for a deal by summer Treasury Secretary Yellen told G20 on Friday that a global tax can go forward Plan would set a global minimum corporate tax rate and rules for multinationals Trump’s objections would have let Google, … Read more

Biden administration drops Trump’s objections to a global digital tax on US tech giants

Biden administration drops Trump’s objections to a ‘global digital tax’ on US tech giants, paving the way for a deal by summer Treasury Secretary Yellen told G20 on Friday that a global tax can go forward Plan would set a global minimum corporate tax rate and rules for multinationals Trump’s objections would have let Google, … Read more

Facebook news ban: Australian PM says ‘tech giants think they’re bigger than governments’

Facebook has blocked Australians from accessing and sharing news in protest at a new law which would have forced the site to pay for the content it hosts. Furious Prime Minister Scott Morrison said the move shows big tech companies ‘think they are bigger than governments and that the rules should not apply to them’. … Read more

Facebook news ban: Australian PM says ‘tech giants think they’re bigger than governments’

Facebook has blocked Australians from accessing and sharing news in protest at a new law which would have forced the site to pay for the content it hosts. Furious Prime Minister Scott Morrison said the move shows big tech companies ‘think they are bigger than governments and that the rules should not apply to them’. … Read more

IAN HERBERT: If big tech giants do not use AI to unmask trolls then they are as good as condoning it

We’ve spent the last week hearing the social media giants’ assurances about all the work they’re doing to protect players from abuse.  Twitter says the number of accounts it has taken action on in the last years has increased by 105 per cent. Without actually revealing what that figure might be. So I undertook a … Read more

IAN HERBERT: If big tech giants do not use AI to unmask trolls then they are as good as condoning it

We’ve spent the last week hearing the social media giants’ assurances about all the work they’re doing to protect players from abuse.  Twitter says the number of accounts it has taken action on in the last years has increased by 105 per cent. Without actually revealing what that figure might be. So I undertook a … Read more

BT boss reveals bold plan to take on giants like Apple

Philip Jansen is acutely aware how vital the internet has become during the pandemic. Whether it has been Zoom calls for work or for staying in touch with friends, or evening entertainment on BBC iPlayer and Netflix, the BT chief executive has been at the heart of the telecoms industry’s mission to keep the country’s … Read more