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Technology World

Apple investigated in France over product obsolescence

 The Paris prosecutor has opened a judicial inquiry into planned obsolescence of Apple products, a spokesperson for the prosecutor said on Monday, confirming an AFP report. “Following a complaint, an investigation was opened in December 2022 into deceptive marketing practices and programmed obsolescence,” the spokesperson said, adding that the complaint had been filed by NGO […]

Economy Finance World

Exclusive: G7 leaders to target Russian energy, trade in new sanctions steps

 Leaders of the Group of Seven (G7) nations plan to tighten sanctions on Russia at their summit in Japan this week, with steps aimed at energy and exports aiding Moscow’s war effort, said officials with direct knowledge of the discussions. New measures announced by the leaders during the May 19-21 meetings will target sanctions evasion […]

Business Finance

In the Market: Why US regional banks are doomed to a doom loop

Banking regulators have been pushed by market volatility in recent weeks into doing things that they haven’t really wanted to do, like letting the largest U.S. bank get even bigger. Their hand may be forced again. Take the case of the Federal Deposit Insurance Corp (FDIC), one of the main banking regulators. In a December 2021 statement, […]

Business Finance

Morning Bid: Debt ceiling jitters, Turkey vote, Soros ditches Tesla

 A look at the day ahead in U.S. and global markets by Amanda Cooper. Time is running out to break the impasse on the U.S. government borrowing limit. President Joe Biden is meeting Congressional leaders on Tuesday to try to hash out a compromise to raise the debt limit and avoid a catastrophic default. Short-term government borrowing […]

Business Finance

Analysis: Tesla’s new car-making process stokes debate among industry experts

 Tesla Inc’s new vehicle-assembly system, which created instant buzz when it was unveiled in March, ignited a debate among auto manufacturing experts on whether CEO Elon Musk’s so-called unboxed process is radical, revisionist or derivative – or all of the above. Musk believes the company needs to radically rethink conventional manufacturing methods in order to build […]

Business Technology

Lao Telecommunication Public Company

Lao Telecommunication Public Company is the Lao PDR’s leading telecommunications provider withnationwide network coverage. The Company’s main services include 2G, 3G, 4G and 4.5G mobilephone connectivity, fixed line and fixed wireless telephone services, fibre to the home internet,international calling, and mobile data services. As the largest telecom operator in the Lao PDR – Lao Telecom’s […]