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SYDNEY Australia’s Catholic Church has paid A$276 million ($213 million) in compensation to thousands of child abuse victims since 1980, a government inquiry heard on Thursday — the first time the total compensation paid by the church’s schools, orphanages and residences has been revealed. A report at a royal commission into institutional abuse said 3,066 victims had received some form of compensation from a Catholic body in […]

Photo President Trump and Prim Minister Netanyahu entering the White House on Wednesday. Credit Stephen Crowley/The New York Times President Trump came forward with a nonsensical statement on Wednesday as he dangerously backed away from the two-state solution, which has been central to America’s Mideast policy for more than 20 years and remains the only just answer to the Israeli-Palestinian conflict. “So, I’m looking at two-state and […]

Thursday 05.10 GMT Overview The dollar was on the back foot in afternoon Asia trading on Thursday as US Treasuries steadied and oil prices found their footing after dipping on news of growing US stockpiles. Hot topic The dollar index tracking the greenback against a basket of peers was off as much as 0.3 per cent, as a rally spurred by US Federal Reserve chair Janet Yellen’s […]

Story highlights Arrests were related to Brazilian bribery scandal Ramón Fonseca and Jürgen Mossack both say they are innocent Ramón Fonseca and Jürgen Mossack both face charges of money laundering after authorities raided the firm’s Panama City headquarters last Thursday. The investigation of the firm and subsequent raid were related to “Operation Car Wash,” an investigation into a sprawling Brazilian bribery scandal. In a statement, the Attorney […]

LG G6 features will use the 1:1 Square GUI. (LG Electronics) LG Electronics’ upcoming G6 smartphone will have a new UX that utilizes the 18:9 ratio Full Vision display, the company has said. The South Korea tech giant on Thursday also posted a teaser on YouTube that highlights features available through the UX on the next flagship phone. LG said the new UX offers better search and […]

About 10 years have passed since Google’s stalwart engineers started creating a system that, in all reality, defeats the conventional logic of database services. It’s now named Cloud Spanner, and it’s the first global database — an information storage system spanning millions of machines across data centers placed all throughout the world, which Google itself has long used to maintain proprietary services like Gmail, Google Photos and […]

The Syrian civil war has left nearly half a million people dead, displaced millions more, and turned its largest city, Aleppo, into an open-air slaughterhouse. The war is destroying antiquity too. For just under a year, from May 2015 to March 2016, the so-called Islamic State held control of the ancient central city of Palmyra, a boomtown that became a Roman colony in the 3rd century A.D. […]

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China ended a six-month streak disposing of its US Treasury holdings in December, adding to its position for the first time since last May as the country’s central bank seeks to manage capital flight. The country, which ceded its status as the world’s largest owner of haven Treasuries in October to Japan, added $9.1bn of US sovereign debt to its reserves in the final month of 2016, […]

Upon the closing of the proposed merger between Computer Sciences Corp (CSC) and the Enterprise Services business of Hewlett Packard Enterprise (HPE), the new organisation will be renamed to DXC Technology before it begins its journey as a $26 billion IT services giant. The completion of the merger is slated for April 3, 2017, which will see DXC Technology list on the New York Stock Exchange under […]

This Jan. 14, 2015 file photo shows Yahoo’s headquarters in Sunnyvale, Calif. Yahoo is warning users of potentially malicious activity on their accounts between 2015 and 2016, the latest development in the internet company’s investigation of a mega-breach that exposed 1 billion users’ data several years ago. Yahoo confirmed Wednesday, Feb. 15, 2017, that it was notifying users that their accounts had potentially been compromised but declined […]

Cross Sell (via Google News)

For the tattered Rashidiya neighborhood here, the recent battle never ended. It just shifted course along the river. Rashidiya was the last district in eastern Mosul declared liberated in late January, but army officers say Islamic State sleeper cells remain entrenched. Continue reading the main story And those are not the only troubles here. Even as American-backed Iraqi forces prepare an offensive against the Islamic State stronghold […]

The reflation trade is back, in earnest. On Wednesday, all-world stock indices traded at all-time highs for the first time since spring 2015. US 10-year bond yields rose back to 2.5 per cent. Bank stocks rallied, with Goldman Sachs at an all-time high for the first time in a decade. So did tech stocks — Apple is back at a record. All of this after a hawkish […]

Apologies for earlier error in title. Surging inflation, plunging real wages, jumping mortgage delinquencies, and record crude and gasoline inventories… then Trump drops the ‘t’ word and the market melts up…   Intraday, March rate-hike odds hit 46%, seemingly surging off “off the table” levels before the week began… Record all-time highs across everything…   It’s all banks all the time…   The Dow topped 20,600 – […]

Getty Images/iStockphoto What impact will artificial intelligence (AI) have on the workforce? Will smart machines really replace a large number of people in a variety of jobs? The Internet of Things 10 types of enterprise deployments As businesses continue to experiment with the Internet of Things, interesting use cases are emerging. Here are some of the most common ways IoT is deployed in the enterprise. These questions […]

By David Shepardson and Jessica Toonkel Verizon Communications Inc (VZ.N) is close to a revised deal to buy Yahoo Inc’s (YHOO.O) core internet business for $250 million to $350 million less than the original agreed price of $4.83 billion, according to a source briefed on the matter. Since last year, Verizon had been trying to persuade Yahoo to amend the terms of the acquisition agreement to reflect […]

The Resident Evil franchise is on a roll this 2017. Following on the heels of the successful Resident Evil 7 game and the Resident Evil: Final Chapter film, Capcom released the second trailer for CG movie Resident Evil Vendetta. The film is due for release on May 27 in Japan, with the U.S. release coming soon after. This is the third CG-animated movie for the franchise; Resident Evil: Degeneration was released […]

Photo A protective wall at the Shuafat Palestinian refugee camp in East Jerusalem. Some Israelis said a two-state solution to the Middle East conflict is impossible because the Palestinians in the West Bank and those in Gaza disagree on too many issues. Credit Daniel Berehulak for The New York Times GAZA CITY — Palestinians reacted with anger and bafflement on Wednesday after the Trump administration apparently backed […]

Wednesday 14:30 GMT Overview Global equities were on track to close at all-time highs as Wall Street hovers near record levels in the wake of comments from Federal Reserve chair Janet Yellen. And Ms Yellen’s more hawkish than forecast rhetoric has been backed up on Wednesday by stronger than expected US retail sales and inflation data that are pushing up the dollar and bond yields, while leaving […]

PARIS France said on Wednesday it would not accept interference by Russia or any other state in its presidential election, and would retaliate if necessary. The pledge by Foreign Minister Jean-Marc Ayrault followed complaints by the party of election frontrunner Emmanuel Macron that his campaign was the target of ‘fake news’ put out by Russian media, as well as internet attacks on its databases. “We will not […]

Munich mayor Dieter Reiter: “Employees are not satisfied with our IT. More than half are not happy.” Image: ZDNet/Munich City Council Munich’s city council has resolved to draw up a plan for abandoning LiMux, a Linux distribution created especially for its use, which the mayor wants ditched in favor of Microsoft’s Windows 10 by the end of 2020. Despite heavy criticism from opposition parties, the city’s governing […]

There is a super-Earth existing outside the solar system near our planet. This must be good news when efforts are underway to colonize Mars. This was revealed in the Lick-Carnegie Exoplanet Survey by a team of international scientists. It was led by astronomers Steve Vogt, Geoffrey Marcy from the University of California, and Carnegie Institute of Science’s Paul Butler at Washington. The team discovered 60 new planets and […]

The chief executive of General Motors has flown to Germany as the US carmaker seeks to assuage concerns from local managers and unions about job losses amid talks to sell the carmaker’s ailing European business to French rival PSA Peugeot Citroën. Mary Barra and key lieutenant Dan Ammann arrived at Opel’s headquarters, GM’s subsidiary, on Tuesday morning, while PSA chief executive Carlos Tavares is pushing to meet […]

Over the years, Vigliotti, who is 63, gradually evolved from a hauler of waste to a producer of fine fertilizers. And so he was well positioned when New York City contracted last year with six companies to transform the food waste it currently collects from the curbsides of almost a million residents. Four of those companies will send their scraps to traditional compost facilities. A fifth will […]

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