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UPDATE 2-Schlumberger profit beats as international gains offset weak N.America

54 mins ago NAMEX Comments Off on UPDATE 2-Schlumberger profit beats as international gains offset weak N.America
(Reuters) – Schlumberger NV (SLB.N) beat Wall Street estimates for profit on Friday, in the first quarter under Olivier Le Peuch, as higher international drilling activity boosted demand for its equipment and services and helped counter weakness in North America. FILE PHOTO: The exterior of a Schlumberger Corporation building is pictured in West Houston January Read More

Credit Suisse to start charging wealthy clients for cash deposits

6 hours ago NAMEX Comments Off on Credit Suisse to start charging wealthy clients for cash deposits
ZURICH (Reuters) – Credit Suisse (CSGN.S) will start charging wealthy clients with large cash deposits in Swiss francs, the latest Swiss bank to pass on negative interest rates to customers. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at its headquarters at the Paradeplatz square in Zurich, Switzerland October 1, 2019. REUTERS/Arnd Read More

Lebanon scraps WhatsApp fee amid violent protests

7 hours ago NAMEX Comments Off on Lebanon scraps WhatsApp fee amid violent protests
BEIRUT (Reuters) – Demonstrators and police clashed in Lebanon on Thursday as thousands of people rallied against the government’s handling of an economic crisis, in one of the biggest protests the country has seen in years. The government backed down from plans, announced hours earlier, to tax voice calls made through the Facebook-owned WhatsApp messaging Read More

Zuckerberg defends Facebook’s approach to free speech, draws line on China

14 hours ago NAMEX Comments Off on Zuckerberg defends Facebook’s approach to free speech, draws line on China
WASHINGTON/SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) Chief Executive Mark Zuckerberg on Thursday defended the social media company’s light regulation of speech and lack of fact checking on political advertising, while citing China’s censorship as a roadblock to operating in the country. Facebook has been under fire in recent years for its lax approach to Read More

Thousands protest across Lebanon over dire economy, proposed WhatsApp fee withdrawn

14 hours ago NAMEX Comments Off on Thousands protest across Lebanon over dire economy, proposed WhatsApp fee withdrawn
BEIRUT (Reuters) – Thousands of people demonstrated in Beirut on Thursday against the Lebanese government’s management of an economic crisis in one of the biggest protests in years, leading the Cabinet to pull a proposed new levy on WhatsApp calls. FILE PHOTO: A general view of Beirut central district, Lebanon, August 22, 2019. REUTERS/Mohamed Azakir/File Read More

Timeline: UAW wrings higher pay from GM in deal to end strike, agrees to plant closings

15 hours ago NAMEX Comments Off on Timeline: UAW wrings higher pay from GM in deal to end strike, agrees to plant closings
(Reuters) – The United Auto Workers union wrung higher pay and other benefits from General Motors Co as part of a tentative deal to end a month-long U.S. strike by about 48,000 workers, the union disclosed on Thursday. Striking United Auto Workers (UAW) members rally in front of General Motors World headquarters in Detroit, Michigan, Read More

Hungarian village’s last bell ringer toils on as youth flee to cities

18 hours ago NAMEX Comments Off on Hungarian village’s last bell ringer toils on as youth flee to cities
TERENY, Hungary (Reuters) – Ilona Petras’ family has been in charge of ringing the bells of the 600-year-old Catholic church in the small village of Tereny in the northeast of Hungary for over a hundred years. Ilona Petras, 76-year-old poses for a picture in Tereny, Hungary, October 16, 2019. REUTERS/Bernadett Szabo At the age of Read More

Lebanon proposes charges for WhatsApp calls

19 hours ago NAMEX Comments Off on Lebanon proposes charges for WhatsApp calls
BEIRUT (Reuters) – Lebanon’s cabinet has agreed to impose a fee on calls over WhatsApp and other similar applications, as part of efforts to raise revenues in the country’s 2020 draft budget, a minister said on Thursday. FILE PHOTO: A general view of Beirut central district, Lebanon, August 22, 2019. REUTERS/Mohamed Azakir/File Photo Lebanon has Read More

EU’s Junker ‘rules out’ granting UK a Brexit extension, insisting ‘we have a deal’

22 hours ago NAMEX Comments Off on EU’s Junker ‘rules out’ granting UK a Brexit extension, insisting ‘we have a deal’
President of the European Commission Jean-Claude Juncker has ruled out another delay to Brexit, declaring that “we have a deal” and there is no need for a further extension to the intractable process. London and Brussels agreed a new Brexit deal on Thursday morning with both sides lauding the achievement. UK PM Boris Johnson is Read More

Video of Swedish cop riding toy horse was meant to spark giggles & build trust… in a crime plagued area, what could go wrong?

1 day ago NAMEX Comments Off on Video of Swedish cop riding toy horse was meant to spark giggles & build trust… in a crime plagued area, what could go wrong?
A clip of a police officer in Uppsala’s crime-troubled neighborhood fooling around at a playground was meant as a heartwarming exercise in relations building. But some Swedes think it sent the wrong signal to the bad guys. The clip published on the police department’s Facebook page last Sunday shows a patroller named Martin performing a Read More