Germany will not purchase Euro Hawk reconaissance drones because meeting the standards required to win aviation approval would cost 500 million to 600 million euros, a German government source told Reuters on Tuesday.
Hong-Kong entrepreneur Ramesh Tainwala spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying bribes.Tainwala, a 55-year-old expatriate Indian, owns Planet Retail, which held the India franchise rights for U.S. fashion labels Guess and Nautica as well as UK retailers Next and Debenhams. He sold the brands last September to various Indian businesses.
Facebook on Thursday began letting people locked out of their profiles get back in with the help of “friends.” A new Trusted Contacts account recovery feature lets Facebook users set up lists of friends who can provide codes to unlock accounts.
Yahoo Inc has increased the amount of paid leave new parents can take, bringing the Internet company closer to the policies of some of its Silicon Valley peers from which it hopes to lure engineers.
Under Yahoo’s new policy, new mothers and fathers can take up to 8 weeks of fully-paid leave. If a woman gave birth to the baby, she is entitled to an additional 8 weeks of paid leave, for a total of 16 weeks paid leave.
New parents will now also get up to $500 for expenses such as child care and laundry, Yahoo said.