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Category: World news

Shares in airline, hotel and travel companies among hardest hit after atrocities in Barcelona and Cambrils

Stock markets in Europe have fallen after the Barcelona attack, with shares in airline, hotel and travel companies among the hardest hit.

IAG, the parent company of British Airways and the Spanish carrier Iberia, fell 2% on Friday. Ryanair and easyJet posted more modest losses, while Air France-KLM ended the day 1.6% down. InterContinental Hotels Group lost 1.6%, and more broadly, the European travel and leisure index fell 1.5%.

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Academics and contributors dismayed after hundreds of CUP articles in China Quarterly become inaccessible in country

Cambridge University Press has blocked readers in China from accessing hundreds of academic articles – including some published decades ago – after a request by Chinese authorities, arguing that it did so to avoid its other publications from being barred.

The publisher confirmed that hundreds of articles in China Quarterly, a respected scholarly journal, would be inaccessible within China, after a letter from the journal’s editor protesting against the move was published.

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Beijing imposes restrictions to try to stem global buying spree that has included entertainment firms and football clubs

The Chinese government has served notice on the country’s foreign investment spree in football clubs, skyscrapers and Hollywood as it moves to curb rising levels of debt among domestic companies.

The announcement of restrictions in a range of sectors follows a buying spree around the globe during which Chinese firms and business tycoons have taken control of assets including Legendary Entertainment, the US film producer behind Jurassic World and Warcraft, buildings such as the Cheesegrater in London, and English football clubs including Southampton and Aston Villa.

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Presidency proving propaganda boon to party outlets that have spent decades trying to depict US as place of conflict and chaos

Donald Trump swept to power vowing to make America not only great again but also strong, wealthy, proud and safe.

Pick up a Chinese newspaper this week, though, and you will find the state of Trump’s nation being described in rather less triumphalist terms.

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ONS figures show 3.5m trips made in June – up 7% on previous year – with spending by those visitors up 2% to £2.2bn

Sterling’s plunge after the EU referendum is making Britain more attractive for foreign holidaymakers, resulting in a record number of overseas visitors in June.

Non-UK residents made 3.5m visits to Britain in June, an increase of 7% from a year ago and a record for that month, according to the Office for National Statistics (ONS). European and North American visitors led the way, while spending by visitors from overseas increased by 2% from a year ago to £2.2bn.

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As Google reels from the fallout over a controversial diversity memo, multiple women say they faced regular discrimination and ultimately left

Qichen Zhang couldn’t believe what she was hearing. The technical specialist was in the middle of the office at Google when a white male colleague began joking with her about her hiring.

“He said, ‘It must’ve been really easy for you to get your job because you’re an Asian woman and people assume you’re good at math,’” Zhang recalled in a recent interview. “It was absolutely stunning. I remember me just emotionally shutting down.”

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Documents show how the world’s largest publicly traded tobacco company pursued growth and profit amid instability in African and Middle East countries

British American Tobacco (BAT) has promoted sales of its cigarettes in some of the most fragile, war-torn and unstable countries of Africa and the Middle East, documents seen by the Guardian show.

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When Brenda Avelica’s father was arrested and threatened with immediate deportation while driving her sisters to school, the video was shared all over the world. Six months on, she describes the impact of his detention on her family

My life has changed drastically since 28 February when my father, Rómulo Avelica-Gonzalez, was arrested by Immigration and Customs Enforcement (Ice) agents as part of President Trump’s effort to fulfil his campaign promise to deport immigrants with criminal records.

While my father sits in a detention center, I wake up every morning with an upset stomach and a nervous, worrisome feeling. I describe it as like getting knocked down by a large wave.

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Action by technology companies and hacking group Anonymous removes neo-Nazi site from open web, while social media steps up anti-hate actions

American neo-Nazi website the Daily Stormer has moved on to the so-called dark web in an attempt to stay operational, following cyber-attacks by hacker group Anonymous and the cancellation of the site’s original domain name.

GoDaddy – the internet domain registrar and web hosting service – and Google cancelled the Daily Stormer’s domain name registration on Sunday, saying they prohibit clients from using their sites to incite violence. The Daily Stormer helped organise the violent neo-Nazi gathering in Charlottesville, Virginia, on Saturday at which a civil rights activist died.

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  • Scott Paul resigns on Tuesday after three high-profile departures on Monday
  • Trump bullish: ‘For every CEO to drop out, I have many to take their place’

The bosses of some of the world’s biggest companies are facing mounting pressure to quit Donald Trump’s high-profile business advisory council as a fourth executive resigned on Tuesday in the wake of the president’s handling of the fatal Charlottesville protests.

Related: Trump's erratic early morning Twitter retweets include one calling him fascist

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Recipient of 64m Microsoft shares is a mystery, but is expected to be tech tycoon’s foundation

Bill Gates, the world’s richest man, has donated $4.6bn (£3.6bn) in the Microsoft founder’s biggest gift to charity since he set up the Bill & Melinda Gates Foundation.

Gates donated 64m Microsoft shares according to a US Securities & Exchange Commission filing. The recipient of the gift was not specified but it is expected that the money will be directed to the foundation he and his wife set up in 2000 with $5bn funding to improve global healthcare and reduce extreme poverty. The foundation did not respond to requests for comment.

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Bosses from Intel, Merck and Under Armour distance themselves from administration after president’s reluctance to denounce white nationalists

Three executives have quit Donald Trump’s business advisory panel, throwing it into chaos, in the wake of the president’s failure to immediately denounce white supremacists over a rally in Charlottesville, Virginia, that left one dead and several others injured.

The CEOs of pharmaceutical giant Merck, sportswear retailer Under Armour and computer company Intel have all resigned from Trump’s American Manufacturing Council as pressure mounts for business leaders who aligned themselves with the president to abandon his administration.

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Female developers are emerging as influential forces in the country’s booming technology sector – but the stigma persists that computing is a ‘male industry’

The Nigerian tech scene is booming. Last year, Lagos-based startup Andela received $24m (£18.5m) in funding from Mark Zuckerberg. In 2015, financial technology startup Paystack – one of the first Nigerian tech companies to be accepted into renowned California-based startup accelerator Y Combinator – secured approximately $1.3m in seed investment from international investors.

Within this growth, women are emerging as influential forces, and changing the face of technology in Africa, especially in the fields of agricultural and financial tech. This is despite the fact that, as recently as a decade ago, women were grossly underrepresented in and excluded from the industries they are now helping to shape.

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Dutch advertising watchdog’s ruling prompts company to change line to ‘least polluting fossil fuel’ as campaigners welcome action over ‘misleading’ ad

The Dutch advertising watchdog will on Tuesday censure Shell and Exxon for claiming that natural gas was “the cleanest of all fossil fuels” in an advert earlier this year.

It will be the second time this summer that the Netherlands advertising standards board has ruled against the fossil fuels industry, after it slapped down Statoil in June for calling gas a “clean energy” and “low emissions fuel”.

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Social Democrat chief Martin Schulz says embattled sector’s failure to innovate and lead projects such as electric cars risks the future of country key exporter

Martin Schulz, the main challenger to Chancellor Angela Merkel in Germany’s September election, has accused the country’s car industry executives of putting the sector at risk by failing to plan for the future.

The future of the automotive sector, Germany’s biggest exporter and provider of about 800,000 jobs, has become a hot election issue as politicians blame executives and each other for the industry’s battered reputation following the emissions scandal.

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