Stock markets slip amid signs global economy is weakening

Despite the fiscal stimulus that offsets some of the impacts of higher U.S. tariffs, China's economy will slow down due to the combined influence of needed financial regulatory tightening and trade tensions with the US. "Risks to global growth tilt... More..

by | Published more than a month ago
France fines Google $57 million for European privacy rule breach
by | Tuesday, January 22, 2019

France fines Google $57 million for European privacy rule breach

Max Schrems , chairman of None of Your Business, said he was "very pleased" with the ruling. Despite Google's changes, the CNIL said in a statement that "the infringements observed deprive the users of essent...More..

Federal judge: Government employees can't refuse to work unpaid during partial shutdown
by | Monday, January 21, 2019

Federal judge: Government employees can't refuse to work unpaid during partial shutdown

According to OPM, most states will allow workers to set up a regular unemployment agreement-but requirements differ by state, and it's best for workers to check with their state's department of labor. On Thursd...More..

Trump team weighs tariff cut to clinch China trade deal
by | Monday, January 21, 2019

Trump team weighs tariff cut to clinch China trade deal

They are likely to take up more complex US complaints about Chinese policy on which lower-level officials "couldn't give a clear response", said Yu Chunhai, a trade expert at Renmin University in Beijing. Presi...More..

Microsoft promises $500m to fix Greater Seattle's housing affordability 'crisis'
by | Sunday, January 20, 2019

Microsoft promises $500m to fix Greater Seattle's housing affordability 'crisis'

In a blog post on Wednesday, the company's president Brad Smith said he chose to pull the trigger upon the realization that "a healthy business needs to be part of a healthy community" and that "a healthy com...More..

Deadly fuel pipeline explosion in Mexico kills at least 66, injures dozens
by | Sunday, January 20, 2019

Deadly fuel pipeline explosion in Mexico kills at least 66, injures dozens

Soldiers guard the area where an explosion killed at least 66 people in Mexico. Fuel theft gangs have hit back, winning the loyalty of impoverished neighbourhoods with the promise of free gasoline and getting...More..

Goldman Sachs reports higher 4Q profit
by | Saturday, January 19, 2019

Goldman Sachs reports higher 4Q profit

Morgan Stanley reduced their target price on Goldman Sachs Group from $226.00 to $207.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 8th. The stock was sold at an average pri...More..

Tesla Follows SpaceX Lead, Cuts Seven Percent of Workforce
by | Saturday, January 19, 2019

Tesla Follows SpaceX Lead, Cuts Seven Percent of Workforce

The drop occurred shortly after the electric vehicle manufacturer announced that it will cut 7 % of its workforce to reduce costs and increase production of its Model 3 line. However, while it ramped up ...More..

France launches €50m no-deal Brexit plan for airports and ports
by | Friday, January 18, 2019

France launches €50m no-deal Brexit plan for airports and ports

She emerged victorious in parliament's first no-confidence vote in a British government in 26 years on Wednesday by a 325-306 margin, a majority of 19. She told parliament that Brussels would allow this "if...More..

China's modernized military could threaten Taiwan, U.S. report says
by | Friday, January 18, 2019

China's modernized military could threaten Taiwan, U.S. report says

The exercises also followed a new Pentagon report laying out U.S. concerns about China's growing military might, underscoring Washington's worries about a possible attack against Taiwan . interest. The...More..

by | Friday, January 18, 2019

U.S. pursuing charges against Huawei for alleged trade secret theft, report says

US federal authorities in Seattle are investigating Huawei Technologies for allegedly stealing trade secrets from US companies including T-Mobile US, according to a person familiar with the matter. Huawei said ...More..

Ocasio-Cortez questions Trump’s wealth after presidential swipe
by | Thursday, January 17, 2019

Ocasio-Cortez questions Trump’s wealth after presidential swipe

Even if it didn't, Oscasio-Cortez's ensuing comment about Trump's income could strike a nerve: Trump has long claimed to be a self-made billionaire, although a landmark New York Times report in October clai...More..

TSA Officers Get $500 Bonuses Amid Shutdown
by | Thursday, January 17, 2019

TSA Officers Get $500 Bonuses Amid Shutdown

TSA spokesman Michael Billelo said callouts were at 7.7 percent nationwide Sunday. Delta said the passenger brought the gun on flight DL 295 from Atlanta to the Tokyo region's Narita International Airport o...More..

Freeland says China death sentence for Canadian 'human being' is 'inhumane'
by | Thursday, January 17, 2019

Freeland says China death sentence for Canadian 'human being' is 'inhumane'

China says Meng should not have been arrested, has committed no offence in Canada, with China's ambassador claiming western "white supremacy" is motivating a "double standard" at work in her case. "We have very...More..

British lawmakers crush May's Brexit deal by record margin
by | Thursday, January 17, 2019

British lawmakers crush May's Brexit deal by record margin

Jeremy Corbyn and Theresa May in the Commons as MPs debate a motion of no confidence . Belgian Prime Minister Charles Michel said it's "up to the British to assume the outcome of their choice", while Dutc...More..

PG&E: What Bankruptcy Means for the Utility
by | Thursday, January 17, 2019

PG&E: What Bankruptcy Means for the Utility

The utility has faced intense criticism and regular public protests at its San Francisco headquarters over the role its equipment has played in a series of wildfires that have devastated California over the pas...More..

Canadian air traffic controllers send pizza to U.S. counterparts affected by shutdown
by | Wednesday, January 16, 2019

Canadian air traffic controllers send pizza to U.S. counterparts affected by shutdown

The head of the Canadian Air Traffic Control Association (CATCA) said the idea took root on Thursday when employees at a control center in Edmonton, Alberta, made a decision to buy pizza pies for controllers in...More..

Theresa May Brexit Deal Defeated in Historic Drubbing
by | Wednesday, January 16, 2019

Theresa May Brexit Deal Defeated in Historic Drubbing

The 230-vote margin of defeat was by far the worst suffered by any government in a meaningful division since at least the First World War and in normal circumstances would be enough to force a prime minister fr...More..

China Reports Record Trade Surplus With United States
by | Wednesday, January 16, 2019

China Reports Record Trade Surplus With United States

Total imports of soybeans fell 7.9% previous year to 88 million tonnes, the customs data showed. China's surplus with the USA is a hot-button issue with the administration of President Donald Trump, which sla...More..

Mnangagwa in Russian Federation amid fuel protests in Zimbabwe
by | Wednesday, January 16, 2019

Mnangagwa in Russian Federation amid fuel protests in Zimbabwe

President Emmerson Mnangagwa on Saturday night announced a more than 100-per cent rise in the price of petrol and diesel in a move he said would end fuel shortages. Zimbabwe's biggest labour body, the Zimbabwe ...More..

Trump Vows to 'Devastate' Turkey if Erdogan Attacks Kurds
by | Tuesday, January 15, 2019

Trump Vows to 'Devastate' Turkey if Erdogan Attacks Kurds

Trump also commented on Twitter to the Kurds, asking them not to "provoke" Turkey. There has been growing friction between Turkey and the US over the fate of the YPG, especially after US Secretary of State ...More..

Concourse at Miami International Airport Closes Due to Lack of TSA Officers
by | Monday, January 14, 2019

Concourse at Miami International Airport Closes Due to Lack of TSA Officers

Agents are reportedly staging "sickouts" - calling in sick in a silent protest at their situation. This comes as the shutdown was officially recognised as the longest in history. "We have not seen an impact o...More..

Sex Sells (Unless You're a Woman at CES)
by | Sunday, January 13, 2019

Sex Sells (Unless You're a Woman at CES)

Undated handout of the Lora DiCarlo's Ose Massager which was awarded and then stripped of a prize at the Consumer Electronics Show in Las Vegas . That doesn't track with Haddock either. Submitted for the C...More..

Fed chair Jerome Powell says he's anxious about rising USA debt
by | Sunday, January 13, 2019

Fed chair Jerome Powell says he's anxious about rising USA debt

However, Fed had lowered the growth forecast of the USA economy to 2.3 percent during the latest rate hike in December. Many business leaders remain optimistic about the United States economy this year, despi...More..

Apple to launch three iPhones with new camera features this year
by | Saturday, January 12, 2019

Apple to launch three iPhones with new camera features this year

Citing "people familiar with the matter", a report by The Wall Street Journal has said that the Cupertino-based technology major is planning to release three new iPhone models later this year. IPhone sales ge...More..