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US court bars NSO Group from installing spyware on WhatsApp
US court bars NSO Group from installing spyware on WhatsApp

A US judge on Friday granted an injunction barring Israeli spyware maker NSO Group from targeting WhatsApp users but slashed a $168 million damages award at trial to just $4 million. Evidence at trial showed that NSO Group reverse-engineered WhatsApp code to stealthily install spyware targeting users, according to the ruling, which called such access to user data "unlawful."

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by  AFP

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Cartier owner's profit sinks as China sales slump
Cartier owner's profit sinks as China sales slump
by  AFP

Cartier owner Richemont posted Friday a hefty drop in net profit for the first half of the year as watch sales sank in China, where weak consumer spending has hit the luxury sector. Gucci owner Kering said its sales sank 15 percent in the same quarter due to slowing consumer spending in China.

UN aims to set standards for scandal-hit carbon markets
UN aims to set standards for scandal-hit carbon markets
by  AFP

Governments could finally approve new UN standards for countries and companies wanting to trade carbon credits, a long-awaited decision some hope can bring credibility to a scandal-ridden sector. Observers say it is possible that the text laying out standards for the voluntary system could pass more easily than decisions covering country-to-country carbon trading.

After Trump win, EU leaders tackle 'urgent' reform agenda
After Trump win, EU leaders tackle 'urgent' reform agenda
by  AFP

Reforming Europe's economy is all the more urgent following Donald Trump's US election win, warned the author of a blockbuster report, Mario Draghi, ahead of talks Friday with EU leaders in Budapest on tackling the challenge. They have become even more urgent after the US elections," Draghi said.

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