Daily News Podcast: Macron looks for a way out of 'yellow vest' crisis : Bulletin: Business Today
Business Today

Daily News Podcast: Macron looks for a way out of 'yellow vest' crisis

Loading the player...

December 4, 2018

France fuel protests: President Macron looks for a way out of 'yellow vest' crisis
France's Prime Minister met with opposition leaders on Monday as President Emmanuel Macron sought a way to defuse nationwide protests over high living costs that led to widespread rioting in Paris over the weekend and are hurting the economy. The "yellow vest" revolt caught Macron unawares when it erupted on Nov. 17 and poses a formidable challenge to the 40-year-old as he tries to counter a plunge in popularity over his economic reforms, which are seen as favouring the wealthy. The unrest is hitting the economy: hotel reservations are down, retailers are suffering, unsettling investors, and Total said some of its filling stations were running dry.

WhatsApp to go 'dark' on both iOS and Android devices
Using WhatsApp at night will get easier on the eyes if Facebook owned messaging platform implements the 'Dark mode'. The rumours for such a mode have been doing rounds for a long time but the news has now been confirmed by WABetaInfo that the feature is under-development
and can come soon to all WhatsApp users. The dark mode has already found its way to Windows 10 PC's and notebooks. It is also available on Apple's iPhones with iOS 10 and its computers MacOS Mojave.

Jet Airways to stop free meals to most domestic economy class passengers
Jet Airways Ltd, India's biggest full-service carrier, will stop providing free meals to most domestic economy class passengers from January, in the debt-laden airline's latest move to cut costs and boost revenues. Passengers will, instead, have the option to buy meals on board, the airline said in a statement on Monday. Jet Airways has five categories of economy fares with different levels of benefits.

Hindustan Unilever to merge with GSK Consumer Healthcare
In one of the biggest deals across the consumer goods space, Hindustan Unilever Limited (HUL) on Monday said it will buy GlaxoSmithKline's India business, including the popular Horlicks, Boost and other brands, for around $3.8 billion. With this proposed strategic merger with GSK Consumer Healthcare India (GSK CH), HUL plans to expand its portfolio with great brands into a new category catering to the nutritional needs of consumers.

Farmer destroys brinjal plantation in despair after receiving 20 paisa per kg for produce
Driven to despair by being offered a meagre 20 paise per kilogram for his brinjal production, a farmer in Maharashtra destroyed the entire plantation on his land to save himself from incurring further losses. Rajendra Bawake, from Sakuri village in Rahata tehsil of Ahmednagar district, claimed he earned only Rs 65,000 after investing Rs 2 lakh and putting in all his energy to cultivate the brinjal crop. Frustrated with the low income, the distraught farmer uprooted all brinjal plants from his field and threw them away. The cultivator said he now owes dues worth over Rs 35,000 to fertilisers and pesticides supplier.
Delhi govt bars Bloomberg-backed NGO from tobacco-control work for failing to disclose funding
A small Indian non-profit funded by Bloomberg Philanthropies will not be allowed to carry out tobacco-control work in New Delhi after it failed to disclose its funding, according to a city government official and a memo seen by Reuters. Other foreign-funded organizations will need to seek prior approval in the future for anti-tobacco activities in the Indian capital, the official also said. The Delhi city government's decision comes amid similar moves by Prime Minister Narendra Modi's federal administration, which has since 2014 tightened surveillance of foreign-funded non-governmental organizations (NGOs), saying many of them work against India's national interests.

Modi making two 'Hindustans', one for Anil Ambani, another for farmers, says Rahul Gandhi
Congress chief Rahul Gandhi Monday attacked Prime Minister Narendra Modi over the issue of agrarian distress, saying he was making "two Hindustans" -- one for Anil Ambani and the other for farmers. He cited a media report which claimed that for 750 kg of onion, a farmer was given Rs 1040 in Maharashtra. "Modiji is making two Hindustans. One is the Hindustan for Anil Ambani -- who without doing anything, without making an airplane, will get the Rafale contract worth Rs 30,000 crore from Modiji. "The second is the Hindustan for farmers -- whose 750 kg of onion grown after four months of toil will get only Rs 1040 from Modiji," the Congress president tweeted.

Quora says 100 million users' email address, password, other data hit by security breach
About 100 million users of Quora were affected by unauthorized access to one of its systems by a "malicious third party," the knowledge-sharing website said on Monday. Account information, including name, email address, encrypted password and data imported from linked networks when authorized by users may have been compromised, it said. The company said it is logging out all Quora users who may have been affected to prevent further damage.
More from this section