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A law clerk from Toronto and a paralegal in Montreal commanded a prolific corporate empire of nearly 200 companies over the past 25 years — while knowing nothing about the businesses or the multimillion-dollar deals bearing their names, they say. Karen McIntyre of Toronto and Annette Laroche of the Montreal area both say they filed company tax returns without any idea if the numbers were accurate, signed […]

Saudi Arabia will invite international and domestic companies to bid for renewable energy projects in April, the energy minister said on Wednesday, adding that he expected to award the deals in September. Energy Minister Khalid al-Falih, speaking at a news conference in Riyadh said the projects would include two new solar and wind power plants with a capacity to produce 700 megawatts of power. The projects are […]

According to a transcript obtained by AP of the phone call which took place on Friday morning between President Trump and his Mexican counterpart, Enrique Pena Nieto, and which was intended to patch things up between the new president and his Mexican peer a day after Pena Nieto called off his visit to the US, Trump threatened to send U.S. troops to stop “bad hombres down there” […]

IBM Watson can now do your taxes for you IBM’s Watson is going to start doing taxes via a partnership with H&R Block. The companies said that H&R Block will apply Watson to tax preparation starting February 6. Tax professionals will use Watson to improve customer service, identify credits and deductions. IBM and H&R Block sais Watson will augment humans. In addition, H&R Block with Watson will […]

By Rodrigo Campos | NEW YORK NEW YORK The S&P 500 edged higher on Wednesday to cap a four-day losing streak, buoyed by gains in Apple shares and after the Federal Reserve kept U.S. interest rates unchanged, as expected. Apple (AAPL.O) shares rose 6.1 percent to $128.75, its highest close in a year and a half. This made it the biggest positive influence on the three major […]

As the creative director of Tumi, one of the world’s best-known luggage brands, Victor Sanz is well placed to offer packing advice. “Lay out all your clothes for your trip. And then cut that in half. That will get you closer to what you really need,” he suggests. “Also, bring plenty of power because you never know when you’ll need it,” he adds. “And stay positive. That’s […]

By Angela Moon | NEW YORK NEW YORK Artificial intelligence has made history by beating humans in poker for the first time, the last remaining game in which humans had managed to maintain the upper hand. Libratus, an AI built by Carnegie Mellon University racked up over $1.7 million worth of chips against four of the top professional poker players in the world in a 20-day marathon […]

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WASHINGTON The U.S. Senate confirmed Rex Tillerson as President Donald Trump’s secretary of state on Wednesday, filling a key spot on the Republican’s national security team despite concerns about the former Exxon Mobil Corp (XOM.N) chief executive officer’s ties to Russia. In the vote, 56 senators backed Tillerson, and 43 voted no. The tally was largely along party lines, with every Republican favouring Tillerson, along with four […]

When a newsroom shuts down, there’s usually a series of announcements, internal memos and “I’m looking for work” tweets. Most times, it ends there. But in one Washington newspaper this week, there’s a full-page advertisement devoted to helping soon-to-be jobless journalists find work again. Here’s what it says on page five of today’s Issaquah Press: “We’re professional journalists. On Feb. 25, we’re for hire.” Below that is […]

Lufthansa believes the rapid growth phase of Gulf airlines is coming to end, which could help to ease some of the pressure in a highly competitive industry, its chief executive said on Wednesday. Speaking after signing catering and maintenance deals with Abu Dhabi-based Etihad, Lufthansa CEO Carsten Spohr said there were signs Gulf rivals were reaching the limits of their recent growth. “I’ll leave that to the […]

AT&T announced on Wednesday that it’s rolling out so-called 5G “evolution markets” in Austin and Indianapolis this summer, as part of a broader push to upgrade its networks. This showcase markets will start out with theoretical peak speeds of 400Mbps. That’s five times faster than what AT&T currently offers in terms of wireless connectivity, AT&T CTO Andre Fuetsch noted at an event in San Francisco on Wednesday. […]

By Lindsay Dunsmuir and Jason Lange | WASHINGTON WASHINGTON The Federal Reserve kept interest rates unchanged on Wednesday in its first meeting since President Donald Trump took office, but painted a relatively upbeat picture of the U.S. economy that suggested it was on track to tighten monetary policy this year. The central bank said job gains remained solid, inflation had increased and economic confidence was rising, although […]

Snapchat is making the platform more appealing for businesses thanks to its new feature that automatically launches any website after a user scans its unique QR code. As part of its most recent update the popular photo and video app is now allowing users to create their own custom QR codes known on the platform as Snapcodes, which will then go to their website when scanned. To […]

The Federal Reserve signalled it remains on course for further increases in short-term interest rates this year as inflation heads back towards target, even as it avoided giving strong indications on the timing of the next move. The US central bank’s Federal Open Market Committee left the federal funds target range at 0.5 per cent to 0.75 per cent in a unanimous decision, following a quarter-point increase […]

Dubai Islamic Bank, the largest sharia-compliant bank in the United Arab Emirates, has appointed banks ahead of a potential benchmark-sized US dollar sukuk sale, banking sources familiar with the situation said on Wednesday. The group of banks arranging the deal includes Bank ABC, Boubyan Bank, Emirates NBD, HSBC, Maybank, National Bank of Abu Dhabi, Sharjah Islamic Bank and Standard Chartered, the sources said, speaking on condition of […]

Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by […]

Submitted by Charles Hugh-Smith via OfTwoMinds blog, We cannot advance until we dump the Technocrat Class and decentralize the power that the Liberal Establishment happily concentrated into the hands of corporate cartels and the central state. Those who don’t yet understand our centrally-planned cartel-state system will benefit from reading How Democrats Killed Their Populist Soul (The Atlantic). I’ve presented related analyses in three recent essays: The Protected, […]

Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by […]

Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by […]

The UAE’s non-oil foreign trade totalled AED1.172 trillion ($320 billion) for the first nine months of 2016, up by 0.1 percent on the same period in the previous year. Preliminary data of the Federal Customs Authority (FCA) indicated that the share of imports in the UAE’s total non-oil trade amounted to AED721.2 billion, a rise of 1 percent. Native gold and semi-processed gold topped the list of […]

Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by […]

By Bernie Woodall | DETROIT DETROIT Automakers on Wednesday are likely to report a 3 percent decline in U.S. auto sales for January after a surprisingly strong December stole some thunder from the start of the new year, industry analysts and economists said. Still, with December’s good showing pulling sales from January, normally the weakest month of the year in terms of sales volume, some analysts cautioned […]

Soon after two top Russian cyber crime officers vanished late last year, the rumours began to spread. One newspaper reported that Sergei Mikhailov, head of cyber security at the FSB, the KGB’s successor agency, was abruptly escorted from a meeting with a dark bag over his head. A far-right website suggested that Mr Mikhailov had been plotting to overthrow Russian president Vladimir Putin. In the past few […]

China’s stock market regulator has accelerated approvals for initial public offerings in recent months but market watchers say that long-awaited deregulation of the process is still years away. IPO fundraising in Shanghai and Shenzhen has totalled Rmb87bn ($13bn) since November, the biggest three-month total since the second quarter of 2015, when China’s stock market bubble reached its height.  The surge of new offerings reflects the relative stability of China’s […]

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