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Airbnb business outside US, China had US$46 million profit in 2018

Airbnb's business excluding the United States and China turned a net profit of US$46.47 million in 2018 compared with a loss of US$97.22 million the previous year, according to an earnings statement the company filed in Dublin, Ireland, and made public on Friday.

Markets

EU countries fail to agree on privacy rules governing WhatsApp, Skype

EU efforts to create a level playing field between telecoms operators and Facebook's WhatsApp and Microsoft unit Skype stalled on Friday after member countries failed to agree on the scope of proposed rules.

Markets

Bayer’s Monsanto pleads guilty to illegal Hawaii pesticide spraying

Monsanto pleaded guilty to spraying a banned pesticide on the Hawaiian island of Maui, and agreed to pay US$10.2 million in criminal fines and other payments for the spraying and for illegally storing hazardous waste, U.S. prosecutors said.

Markets

Ban on flavored vapes could lead to loss of 150,000 jobs, US$8.4 billion sales hit: report

A potential U.S. ban on e-cigarette flavors could result in a loss of more than 150,000 jobs and a direct sales hit of US$8.4 billion, according to a report released on Friday by a vaping industry trade group.

Markets

US agency votes 5-0 to bar China’s Huawei, ZTE from government subsidy programme

The U.S. Federal Communications Commission (FCC) voted 5-0 Friday to designate China's Huawei and ZTE as national security risks, barring their U.S. rural carrier customers from tapping an US$8.5 billion government fund to purchase equipment or services.

Markets

US agency votes 5-0 to bar China’s Huawei, ZTE from government subsidy program

The U.S. Federal Communications Commission (FCC) is set to vote Friday to designate China's Huawei and ZTE as national security risks, barring their U.S. rural carrier customers from tapping an US$8.5 billion government fund to purchase equipment or services.

Markets

US takes aim at judges pay in new attack on WTO system

Judges at the World Trade Organization can earn more than 300,000 Swiss francs tax-free for what is a part-time job, the United States said on Friday, in a fresh onslaught on its beleaguered arbitration system.

Markets

Activist investors to pressure privately held Palantir on human rights

A group advocating ethical investing will ask backers of tech analytics company Palantir Technologies to push for changes to its business practices, a rare case of coordinated shareholder action against a privately held company.

Markets

PSA still aiming to sign MoU with FCA in December: source

French carmaker PSA remains focused on its merger talks with Fiat Chrysler Automobiles (FCA) and is still aiming to sign a memorandum of understanding (MoU) in December, said a source close to the matter.

Markets

Airbnb’s Belinda Johnson to step down as COO, join board

Airbnb said on Friday Belinda Johnson will step down as chief operating officer in March and join the home rental company's board.

Markets

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