Facebook has said it will appeal against an order to stop collecting and storing WhatsApp users’ data. The social network did not obtain effective approval to use information about the messaging platform’s 35 million German users, an authority in the country ruled on Tuesday. Hamburg Commissioner for Data Protection and Freedom of Information said Facebook must also delete any data it has already received from WhatsApp, which it bought for AED 69 billion in 2014.
Stocks gain with oil prices easing on optimism from possible ceasefire talks
Global equity markets, including from the U.S., Europe and Asia, rose while oil prices fell on Wednesday, as traders cheered news of ceasefire proposals to de-escalate the ongoing conflict in the Middle East.
Australia moves to double fines for fuel gouging amid shortages
Australia's centre-left government has introduced legislation in the parliament to double penalties for fuel price gouging on Wednesday as global supply disruptions due to the Iran war triggered fuel shortages in some rural regions.
Gulf stocks mixed amid confusion over US-Iran talks
Gulf markets ended mixed on Tuesday, with Qatar extending losses while other bourses steadied as investors parsed conflicting signals on potential US-Iran talks.
Australia, EU seal long-awaited trade deal
Australia and the European Union on Tuesday signed a trade deal marking the culmination of years of negotiations, as Europe seeks to diversify its export markets and expand ties beyond its traditional partners.
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