Business and Economy

Business and Economy Latest News

BP chief Bernard Looney resigns 'with immediate effect'
BP chief Bernard Looney resigns 'with immediate effect'
by  AFP

British energy giant BP said Tuesday that its chief executive Bernard Looney has resigned "with immediate effect", after admitting that he had not been "fully transparent" about historical relationships with colleagues.

US says Google pays $10 billion a year to dominate search
US says Google pays $10 billion a year to dominate search
by  AFP

The US government on Tuesday accused Google of paying out $10 billion a year to Apple and other firms in order to safeguard its monopoly over online search. Dintzer told Judge Mehta that Google pays out $10 billion every year to Apple and others to secure its search engine default status on phones and web browsers, thereby burying upstarts before they have a chance to grow.

Venice gives green light to ticket 'experiment' for tourists
Venice gives green light to ticket 'experiment' for tourists
by  AFP

Venice officials agreed Tuesday to test a fee on day tourists to the overcrowded historic centre, weeks after UNESCO warned it could list the city as an at-risk world heritage site. UNESCO put Venice on its heritage list in 1987 as an "extraordinary architectural masterpiece", but has repeatedly warned that the city needs to better manage tourism.

Energy

Money

Industry

Technology

Economy