EU should focus on top 5 tech companies, says leading MEP

The EU lawmaker who will steer the EU’s flagship tech regulation through the European parliament has said it should focus on the largest five US tech companies. Andreas Schwab, a…

Nestlé document says majority of its food portfolio is unhealthy

The world’s largest food company, Nestlé, has acknowledged that more than 60 per cent of its mainstream food and drinks products do not meet a “recognised definition of health” and that…

How Biden came around to the Wuhan lab-leak theory

When Joe Biden, US president, last week ordered US intelligence to intensify efforts to determine the origins of Covid-19, he gave fresh life to the theory that the virus may…

Who will pay? Europe’s bold plan on emissions risks political blowback

At the start of the year, the German government quietly launched a novel system of carbon pricing that could revolutionise who pays for the cost of polluting in Europe. Since…

Pablo Casado unveils vision of centre-right future for Spain

The leader of Spain’s resurgent centre-right opposition has said he wants to form a “government of national salvation” to carry out wide-ranging reforms including tax cuts within three months of…

Cash shortage threatens a banking crisis in Myanmar

The queues at ATMs form early, often before dawn. People bring plastic chairs or stools, or mats to recline on. As the sun rises higher, they shield themselves with umbrellas…

‘Final Fantasy’ producer says 5G will end games console’s long reign

The advent of 5G as a global standard will herald the long-term demise of the dedicated games console, even as the Covid-19 pandemic has boosted short-term demand for the machines,…

US regulators signal bigger role in cryptocurrencies market

US financial authorities are preparing to take a more active role in regulating the $1.5tn cryptocurrency market, amid growing concern that a lack of proper oversight risks harming savers and…

London exodus leaves schools short of pupils

Schools across London face budget cuts and possible closure as the pandemic and Brexit have accelerated a drop in pupil numbers that were already under pressure from falling birth rates.…

Iran’s central bank chief dismissed over run for presidency

Iran’s central bank governor was dismissed after the government said his candidacy for next month’s presidential election interfered with his official duties. The cabinet of President Hassan Rouhani decided that…