It’s been two years since rumors about an “Apple car” first emerged. Not surprisingly, the notoriously secretive company hasn’t divulged any details about its plans. But if a car is on the horizon, Cupertino can’t stay quiet for too long. You can hide a smartphone in a lab, but it’s difficult to not have a public presence when developing a vehicle, which requires road testing, typically in […]
By Tife Owolabi | YENAGOA, Nigeria YENAGOA, Nigeria At least six Nigerian soldiers have been killed in new military campaign against militants in the country’s restive Niger Delta oil hub, security officials said on Friday. The southern swampland has been largely quiet since the start of the year because militants halted attacks against oil pipelines to give the government a chance to conduct peace talks. But in […]
The Liquor Control Board of Ontario has ordered a nationwide product recall for Bombay Sapphire London Dry Gin on May 3 after Bacardi triggered a recall for the product in Canada. The recall was issued after the company discovered that a batch of the alcoholic beverage made it out of the production line in its factory without being properly diluted. Bombay Sapphire Recall The Canadian Food Inspection Agency (CFIA) issued a recall […]
Credit: fdecomite More than 3 million people (three times previous estimates) are estimated to be actively using cryptocurrencies like bitcoin, finds the first global cryptocurrency benchmarking study by the Cambridge Centre for Alternative Finance. While many members of the general public may have heard of “bitcoin”, the first decentralised cryptocurrency launched in 2009, a new report from the Cambridge Centre for Alternative Finance (CCAF) paints a broader […]
The pace of US job growth bounced back last month from a weak performance in March, underscoring the Federal Reserve’s view that the economy’s choppy first-quarter performance was probably a blip. The US economy added 211,000 jobs in April, compared with Wall Street expectations of 190,000. Payrolls for March was revised down to just a gain of 79,000 jobs, compared to an earlier estimate of 98,000. Meanwhile, […]
BANGKOK Thai police found 35 migrants from Myanmar abandoned and wandering in a southern forest on Friday, raising fears that smuggling and trafficking routes are flourishing despite a crackdown by authorities. The 28 men and seven women were discovered by villagers in Tha Sala district in Nakorn Si Thammarat province, police said. They were on their way to Malaysia and had no identification cards on them. “They […]
On Friday, Jan. 5, 1979, Prince made page 1D of the Minneapolis Star. The piece about the 19-year-old singer’s return to Minneapolis was below the fold, under a piece about Disney. More than 38 years later, you can see that page in full thanks to the Star Tribune’s newly digitized archives. Want more on the transformation of local news? Join the conversation in our weekly newsletter, Local […]
A first for Hilton in Jordan Visitors to Jordan can now stay at Hilton Hotels & Resorts’ first hotel in the country, the new Hilton Dead Sea Resort & Spa. The 285-room property is on the north-east shore of the Dead Sea, next to the King Hussein bin Talal Convention Centre, also managed by Hilton since 2010. The hotel’s spa is due to open in September. Rooms […]
The US Department of Justice is investigating Greyball, a software tool used by Uber to show a misleading version of the app to regulators, adding to the company’s woes. While still preliminary, the investigation could embroil the San Francisco-based transportation company in another legal battle, at a time when Uber is already fighting accusations of patent infringement in court. Valued at $62.5bn by investors, Uber has been […]
By James Pearson and Ju-min Park | SEOUL SEOUL In February 2016, Yoo Chang-geun and around 120 other South Korean businessmen frantically pulled their staff out of the Kaesong Industrial Zone, jointly run with North Korea. Seoul had ordered it closed after Pyongyang defied international warnings and tested a long-range rocket. Now, with South Koreans in next week’s presidential election almost certain to elect liberal Moon Jae-in, […]
The Australian dollar and Norwegian krone are vying for the ignominious title of worst-performing major currency today as commodity prices tumble. Following a stumble in oil prices in Asia on Friday that took Brent crude and West Texas Intermediate to their lowest since November, the krone (pictured above) suffered a sharp fall and surpassed the Aussie dollar as the worst among major currencies. The krone was down […]
“Something is off,” warns RBC’s head of cross-asset strategy Charlie McElligott in the introduction to his latest market noting that the swing in US fiscal policy optimism is coming at a critical time as the China’s liquidity tightening is spooking the reflation story. SUMMARY: Movement on US fiscal policy is currently driving US rates and equities higher, counteracting the tremendous negative implications of this ‘Chinese tightening / […]
By Saikat Chatterjee | HONG KONG HONG KONG Asian stocks declined for a third consecutive day on Friday as fresh falls in commodities raised concerns about the health of the global economy, though the euro bucked the broad weakness on receding concerns about France’s presidential election. Chinese stocks led regional losers, falling to a three-month low as concerns about tighter financial regulations weighed on banking shares while […]
Facebook has revamped the way it handles comments on its site, adding reactions to spice things up and give users more ways to express themselves. The move comes just one month after Facebook rolled out reactions to Messenger, and more than a year since reactions became available on the main site. The same reactions that launched on the main site last year are now available for Facebook comments […]
DUBAI // Judge Ayman Abdul Hakam must be one of the busiest men in his profession. Few judges would be able to say that they have settled 6,000 cases in just over seven weeks, but that’s exactly what Judge Hakam has achieved since the launch of the One Day Court in Dubai in March. Set up under the directive of Sheikh Mohammed bin Rashid, Vice President and […]
PARIS A quarter of the French electorate is due to abstain in the presidential runoff on Sunday, many of them left-wing voters disappointed after their candidates missed reaching the runoff, according to a poll by Odoxa. The projected abstention rate would be the second-worst for a presidential election runoff since 1965, underscoring the disillusionment of many voters at the choice between centrist Emmanuel Macron and far-right leader […]
SHANGHAI China’s home-grown C919 passenger jet is set to take to the skies on its long-delayed maiden flight on Friday, a major step for Beijing as it looks to boost its profile in the global aviation market. The narrow-body aircraft, which will compete with Boeing’s (BA.N) 737 and the Airbus (AIR.PA) A320, is a key symbol of China’s ambitions to muscle into a global jet market estimated […]
Throw them into the bay, or throw them into jail? Those were two possible replies to a poll set up by a user on Twitter. He wanted to know how to deal with “treacherous journalists” – the journalists in question were reporters working for the Panamanian daily newspaper La Prensa. The paper’s newsroom lies just 7.2 miles away from the offices of Mossack Fonseca, the law firm […]
Georgia Governor Nathan Deal on Thursday signed a bill allowing guns on college campuses in the state, making it the 11th of the 50 U.S. states to do so. Since the 2007 shooting deaths of 32 people by a student at Virginia Tech, a university in southwestern Virginia, state legislatures have grappled with the question of allowing licensed gun owners to bring their weapons on college campuses. […]
Authored by John Solomon via Circa.com, During his final year in office, President Obama’s team significantly expanded efforts to search National Security Agency intercepts for information about Americans, distributing thousands of intelligence reports across government with the unredacted names of U.S. residents in the midst of a divisive 2016 presidential election. The data, made available this week by the Office of the Director of National Intelligence, provides […]
(Image: CNET/CBS Interactive) More than two-dozen popular apps for iPhones and iPads are still leaking sensitive information, such as login details for their services, despite having months to roll out a fix. Earlier this year, Will Strafach set out to see which popular iPhone apps were vulnerable to man-in-the-middle attacks, which allow attackers to intercept data as it’s being passed from a device to a server. Strafach, […]
By Dan Whitcomb | LOS ANGELES LOS ANGELES Family members of three victims of the December 2015 shooting rampage in San Bernardino, California, have sued Facebook, Google and Twitter, claiming that the tech giants permitted Islamic State to flourish on social media. The plaintiffs assert that by allowing Islamic State militants to spread propaganda freely on social media, the three companies provided “material support” to the group […]
The US energy industry has morphed from 2016’s big winner to the bottom of the heap this year in a slide that has accelerated as oil prices fell on Thursday to the lowest level since November. Energy stocks listed on the S&P 500 index dropped 1.9 per cent on Thursday. The fall brings the sector’s decline this year to 12.1 per cent, the biggest drop of the […]
By Michael Flaherty and Ankit Ajmera Greenlight Capital escalated its battle against General Motors Co (GM.N) on Thursday, posting credit ratings documents that it said the automaker inappropriately changed to undermine the hedge fund’s proposal to create two classes of GM stock. Greenlight, which owns 3.6 percent of GM shares, has said its dual share plan would boost GM’s value by creating a dividend class and a […]
