WASHINGTON U.S. Commerce Secretary Wilbur Ross said on Monday that President Donald Trump does not intend to trade away U.S. jobs for China’s help on North Korea, adding that there are “constructive” talks with Beijing underway on trade issues. In an interview with CNBC, Ross rowed back from Trump’s comments in a CBS interview on Saturday that China’s help on North Korea “trumps trade.” Asked if the […]
STOCKHOLM Swedish authorities arrested a man brought in for questioning about possible arson on Monday after a fire damaged a Shi’ite mosque on the outskirts of Stockholm overnight, a police statement said. Nobody was injured in the fire in the Jarfalla suburb of the Swedish capital. Police said the man had been placed under arrest but gave no further information. It did not identify the suspect. Swedish […]
Since the iPad arrived in 2010, the role of the PC has been greatly scrutinized. Is it a dying form factor? Is it something consumers no longer need? Is the smartphone the only device people will use someday? Will the tablet kill the PC? The debate is relevant because it helps businesses decide where to focus their resources. Clearly, the smartphone is many people’s primary […]
Credit: North Carolina State University A study comparing acceptance rates of contributions from men and women in an open-source software community finds that, overall, women’s contributions tend to be accepted more often than men’s – but when a woman’s gender is identifiable, they are rejected more often. “There are a number of questions and concerns related to gender bias in computer programming, but this project was focused […]
WASHINGTON Top White House officials said on Monday they expect the U.S. House of Representatives will vote this week to pass the Republicans’ latest plan to reform the nation’s healthcare system, even as the party’s lawmakers still appeared divided over the measure. In interviews on CBS News on Monday, White House chief of staff Reince Priebus and White House economic adviser Gary Cohn expressed optimism the latest […]
A club of top bankers, investors and Treasury officials will this week meet at the venerable Hay-Adams hotel in downtown Washington to discuss the US government’s borrowing plans. It could be a blockbuster meeting. The Treasury Borrowing Advisory Committee meets quarterly to discuss with senior government officials the best way for the US to finance its budget deficit. It is made up of senior executives from hedge […]
Inflight meals have been a topic of discussion amongst travellers for as long as they are being served. Some passengers simply hate the taste and smell of onboard catering, others can’t seem to get enough of those little portions, packed for heating up in the air. Obviously, there are huge qualitative differences when it comes to the cuisine onboard, depending on the airline and of course, the […]
WASHINGTON U.S. consumer spending was unchanged in March for a second straight month and the overall monthly inflation rate fell for the first time in a year,confirming the weak domestic demand in the first quarter. But when adjusted for inflation consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased 0.3 percent, ending two straight months of decline,the Commerce Department said on Monday. Economists […]
By Martin Petty and Manuel Mogato | MANILA MANILA Across Asia, more and more countries are being pulled into Beijing’s orbit, with the timid stance adopted by Southeast Asian nations on the South China Sea at a weekend summit a clear sign this fundamental geostrategic shift is gathering momentum. U.S. President Donald Trump’s flurry of calls at the weekend to the leaders of the Philippines, Thailand and […]
Theresa May’s critics have attacked the British prime minister for having “no plan” over Brexit in the wake of a leaked account of a private dinner that heightened tensions between Brussels and London. A report published in the Frankfurter Allgemeine Sonntagszeitung portrayed last Wednesday’s dinner between Mrs May and European Commission president Jean-Claude Juncker as a disaster. According to the FAZ, commission officials were astonished at Mrs […]
By Richard Cowan | WASHINGTON WASHINGTON Negotiators in the U.S. Congress reached a deal late on Sunday on around $1 trillion in federal funding that would avert a government shutdown later this week, while handing President Donald Trump a down payment on his promised military build-up. The full House of Representatives and Senate must still approve the bipartisan pact, which would be the first major legislation to […]
Besides the upcoming FOMC meeting on May 2-3, and French & Italian politics – the decisive runoff round of the French election takes place this Sunday – this week’s releases are dominated by US payrolls expected to come around 170k. The busy release calendar continues with Norges bank and RBA meetings as well as global manufacturing PMIs. The market’s focus during the week of 5/1 will begin […]
Apple has extended the warranty on first-generation Apple Watches that suffer from swollen battery problems to three years. Must read: iPhone 8: Here’s what we think we know about Apple’s 10th-anniversary iPhone Word of the change comes via a note sent from Apple to authorized repair centers that was subsequently forwarded to 9to5mac. There have been sporadic reports of issues where ballooning batteries can cause either the […]
SpaceX is taking its second shot at NROL-76, a Falcon 9 mission launching from LC-39A at NASA’s Kennedy Space Station. The launch was originally scheduled for Sunday, April 30, but that attempt was scrubbed due to a sensor issue. The window for the re-try today opens at 7 AM EDT (4 AM PDT) and continues for two hours after that. As of earlier this morning, SpaceX was […]
By Yesim Dikmen and Mehmet Emin Caliskan | ISTANBUL ISTANBUL Police in Istanbul fired tear gas and rubber bullets to break up a group of May Day demonstrators on Monday, a Reuters witness said, as authorities detained more than 200 people at protests around the city. Protests for May Day, the international workers’ holiday, are an annual occurrence in Turkey and have in the past been characterised […]
GENEVA The United Nations is continuing to receive signals that the Saudi-led coalition in Yemen could attack the key port of Hodeidah, causing humanitarian suffering and loss of life, U.N. human rights chief Zeid Ra’ad al Hussein said on Monday. A Saudi-led military coalition backing the internationally-recognised government in its war against the Houthi rebels has been preparing an assault on Hodeidah. “The U.N. is concerned about […]
By Jessica Toonkel and Lauren Hirsch | NEW YORK NEW YORK Twenty-First Century Fox Inc (FOXA.O) is in talks with Blackstone Group LP (BX.N) about submitting an offer to buy Tribune Media Co (TRCO.N), one of the largest U.S. television station operators, sources familiar with the matter said on Sunday. Blackstone, the largest manager of private equity and real estate assets, would provide the cash, while Fox, […]
According to reports, LG is gearing up to release a smaller version of its G6 flagship. The device will feature a 5.4-inch display with a screen-to-body ratio just under 80 percent. It’s also expected to tout the G6’s 18:9 aspect ratio, reports add. LG To Produce Mini G6 That’s according to TechnoBuffalo, who claims to have received an internal document from a trusted source. The move, if true, isn’t […]
22 February 2016 – Journalist Daphne Caruana Galizia posted the first major hint that the biggest scandal in Maltese history was about to break. “It’s traditional to eat lamb on Easter Sunday, so Konrad Mizzi and his estranged wife Sai Mizzi Liang will be getting theirs from New Zealand, courtesy of their fixer Brian Tonna, who has a desk at the Auberge de Castille”. […]
GENEVA U.N. High Commissioner for Human Rights Zeid Ra’ad al-Hussein voiced deep concern on Monday at mass arrests and sackings and renewal of the state of emergency in Turkey, saying terror should not be tackled at the expense of human rights. “It is highly unlikely that the suspensions and detentions will have met due process standards,” Zeid told a news briefing after the latest round of suspensions […]
IT services firm Unisys has published the 2016 financial results of its Australian chapter, reporting an after-tax loss of AU$3.3 million, down from the AU$709,000 after-tax profit recorded a year prior. Revenue for the 12-month period was AU$237.7 million, up from the AU$201.5 million in annual revenue reported for 2015. As a result of the loss, Unisys Australia was handed a AU$1.3 million income tax benefit from […]
BANGKOK/MOSCOW Several passengers were injured on an Aeroflot flight from Moscow to Bangkok when their Boeing 777 ran into “severe turbulence” 40 minutes before landing at the Thai capital on Monday, the Russian airline said in a statement. The airline said the crew was unable to warn passengers of the approaching danger as the turbulence occurred in a clear sky. “Several passengers were injured,” the statement said. […]
Dubai crown prince Sheikh Hamdan on Sunday launched “Dubai Font”, Microsoft’s first font to be created by a city and named after it. “The launch of the Dubai Font to the world is a very important step for us as part of our continuous efforts to be ranked first in the digital world,” state news agency WAM quoted the crown prince as saying. “We are confident that […]
ROME Matteo Renzi, staging a political comeback less than five months after resigning as Italy’s prime minister, easily regained the leadership of the ruling Democratic Party (PD) on Sunday with an overwhelming victory in a primary election among party supporters. According to partial results, Renzi had about 72 percent of the vote, held in makeshift polling booths around the country. About 2 million party members voted in […]
