Money
Most US Fed officials say rate hike likely needed soon
- May 26, 2018
The dollar index, which measures the greenback against a basket of six other currencies, hit a high of 94.188 before the release of the minutes, but pared some gains to trade up 0.42 percent at 94.006. The yield on benchmark 10-year Treasury notes US10YT=RR fell back below the 3-percent threshold to 2.999 percent, compared with its US close of 3.003 percent on Wednesday. (more...)
- May 26, 2018
The dollar index, which measures the greenback against a basket of six other currencies, hit a high of 94.188 before the release of the minutes, but pared some gains to trade up 0.42 percent at 94.006. The yield on benchmark 10-year Treasury notes US10YT=RR fell back below the 3-percent threshold to 2.999 percent, compared with its US close of 3.003 percent on Wednesday. (more...)
N. Korea keeps hopes of talks alive after Trump cancellation
- May 26, 2018
He told reporters Friday that "everybody plays games". "We express our willingness to sit down face-to-face with the U.S. and resolve issues anytime and in any format", North Korea's vice foreign minister Kim Kye-gwan said in a statement. (more...)
- May 26, 2018
He told reporters Friday that "everybody plays games". "We express our willingness to sit down face-to-face with the U.S. and resolve issues anytime and in any format", North Korea's vice foreign minister Kim Kye-gwan said in a statement. (more...)
Elon Musk's new company 'Pravda' would rate journalists' credibility
- May 26, 2018
The new variants are now available for some customers to order, but they won't be built or delivered until mid-July, Tesla CEO Elon Musk said in a tweet announcing the new models. "Tricky situation, as Tesla doesn't advertise, but fossil fuel companies & gas/diesel vehicle companies are among world's biggest advertisers", wrote Musk. (more...)
- May 26, 2018
The new variants are now available for some customers to order, but they won't be built or delivered until mid-July, Tesla CEO Elon Musk said in a tweet announcing the new models. "Tricky situation, as Tesla doesn't advertise, but fossil fuel companies & gas/diesel vehicle companies are among world's biggest advertisers", wrote Musk. (more...)
Westwood Bunnings will revert back to Homebase following company buy-out
- May 26, 2018
Like several other Australian companies, Wesfarmers failed to replicate its domestic success in the United Kingdom by misjudging that market, and the failed deal raises questions about the company's new strategy of divesting Coles to pay for higher-growth investments. (more...)
- May 26, 2018
Like several other Australian companies, Wesfarmers failed to replicate its domestic success in the United Kingdom by misjudging that market, and the failed deal raises questions about the company's new strategy of divesting Coles to pay for higher-growth investments. (more...)
Boy missing 3 months 'likely' found dead; stepmom in custody
- May 26, 2018
His identity was confirmed through an autopsy and dental records. Lucas has been missing since February 17. Police and volunteer search teams conducted extensive searches for the missing boy. Glass told police she last saw Lucas playing in his bedroom before she took a shower and fell asleep. Hernandez was out of town at the time. He said he worked the case for about 18 hours before finding the boy's body. (more...)
- May 26, 2018
His identity was confirmed through an autopsy and dental records. Lucas has been missing since February 17. Police and volunteer search teams conducted extensive searches for the missing boy. Glass told police she last saw Lucas playing in his bedroom before she took a shower and fell asleep. Hernandez was out of town at the time. He said he worked the case for about 18 hours before finding the boy's body. (more...)
Tesla Ready to Settle Claims Over Autopilot Troubles
- May 26, 2018
Responding to the letter, a Tesla spokesperson issued the following statement: "The feedback that we get from our customers shows that they have a very clear understanding of what Autopilot is, how to properly use it, and what features it consists of". (more...)
- May 26, 2018
Responding to the letter, a Tesla spokesperson issued the following statement: "The feedback that we get from our customers shows that they have a very clear understanding of what Autopilot is, how to properly use it, and what features it consists of". (more...)
Trump says Dems are "rooting against" North Korea talks
- May 26, 2018
Cheshire said: "If you think back to a year ago, when he was a pariah, well, he's had all these meetings where he has become more of an worldwide (figure) than a despot back home, especially that historic meeting in the Demilitarised Zone between North and South Korea". (more...)
- May 26, 2018
Cheshire said: "If you think back to a year ago, when he was a pariah, well, he's had all these meetings where he has become more of an worldwide (figure) than a despot back home, especially that historic meeting in the Demilitarised Zone between North and South Korea". (more...)
Researchers warn 500000 consumer routers infected with malware
- May 25, 2018
Over the last several months, researchers have been investigating into VPNFilter , which included both law enforcement and private-sector intelligence partners. A National Cyber Security Centre spokesman commented on the findings, stating: "This research is a timely reminder for organisations and home users to get the basics right to help protect their systems against cyber threats". (more...)
- May 25, 2018
Over the last several months, researchers have been investigating into VPNFilter , which included both law enforcement and private-sector intelligence partners. A National Cyber Security Centre spokesman commented on the findings, stating: "This research is a timely reminder for organisations and home users to get the basics right to help protect their systems against cyber threats". (more...)
Amazon will cancel your account if you keep doing this one thing
- May 25, 2018
Amazon USA has started quizzing customers over returned items and has even banned accounts from which even 10% of ordered items were returned, according to a report in The Wall Street Journal . Shoppers have taken to social media to share their experiences of being kicked off Amazon. While Amazon is known for its lax return policies, some customers are learning that returning too many items can result in being banned from the website . (more...)
- May 25, 2018
Amazon USA has started quizzing customers over returned items and has even banned accounts from which even 10% of ordered items were returned, according to a report in The Wall Street Journal . Shoppers have taken to social media to share their experiences of being kicked off Amazon. While Amazon is known for its lax return policies, some customers are learning that returning too many items can result in being banned from the website . (more...)
Crude oil price rise could moderate later, suggests Spanish survey
- May 25, 2018
Brent crude futures fell US$1.01 to settle at US$78.79 a barrel, a 1.27 per cent loss. Libya, an OPEC member, recently announced it will decrease oil production by 120,000 barrels per day because unseasonably hot conditions are affecting power supply. (more...)
- May 25, 2018
Brent crude futures fell US$1.01 to settle at US$78.79 a barrel, a 1.27 per cent loss. Libya, an OPEC member, recently announced it will decrease oil production by 120,000 barrels per day because unseasonably hot conditions are affecting power supply. (more...)
Deutsche Bank confirms deeper staff cuts
- May 25, 2018
Deutsche is expected to move back towards retail banking in Germany , and new CEO Christian Sewing said in a statement today that Deutsche Bank , "must concentrate on what we truly do well". Deutsche Bank employs about 66,000 people in Europe - including 42,000 in Germany, 21,000 in Asia and about 10,000 in North America. "We view this as confirmation of our view that drastic but necessary restructuring is impossible at this stage", KBW wrote. (more...)
- May 25, 2018
Deutsche is expected to move back towards retail banking in Germany , and new CEO Christian Sewing said in a statement today that Deutsche Bank , "must concentrate on what we truly do well". Deutsche Bank employs about 66,000 people in Europe - including 42,000 in Germany, 21,000 in Asia and about 10,000 in North America. "We view this as confirmation of our view that drastic but necessary restructuring is impossible at this stage", KBW wrote. (more...)
Uber self-driving SUV saw pedestrian but didn't brake: U.S
- May 25, 2018
In an effort to "reduce the potential for erratic vehicle behavior ", potential redundancy afforded by Volvo's humble auto-braking system was forgone. The report said that the Uber safety driver, Rafaela Vasquez, only spotted the pedestrian, Elaine Herzberg, less than a second before the fatal impact and didn't brake until less than a second after the collision. (more...)
- May 25, 2018
In an effort to "reduce the potential for erratic vehicle behavior ", potential redundancy afforded by Volvo's humble auto-braking system was forgone. The report said that the Uber safety driver, Rafaela Vasquez, only spotted the pedestrian, Elaine Herzberg, less than a second before the fatal impact and didn't brake until less than a second after the collision. (more...)
Elon Musk Pitches 'Pravda,' Site to Rate Journalists' Credibility
- May 25, 2018
Riled up by a Robert W. Baird analyst report that said "increasingly immaterial" headlines were dominating Tesla news cycles, Musk went on a Twitter attack Wednesday afternoon, saying the public no longer respects the media because of " holier-than-thou hypocrisy " and lies. (more...)
- May 25, 2018
Riled up by a Robert W. Baird analyst report that said "increasingly immaterial" headlines were dominating Tesla news cycles, Musk went on a Twitter attack Wednesday afternoon, saying the public no longer respects the media because of " holier-than-thou hypocrisy " and lies. (more...)
Russian military says had nothing to do with downing of flight MH17
- May 25, 2018
Criminal charges against the Russian military or Russia's government probably would exacerbate tensions between the Kremlin and the West even further, implicating Russian officials in the deaths of European tourists on their way to Kuala Lumpur, Malaysia. (more...)
- May 25, 2018
Criminal charges against the Russian military or Russia's government probably would exacerbate tensions between the Kremlin and the West even further, implicating Russian officials in the deaths of European tourists on their way to Kuala Lumpur, Malaysia. (more...)
Trump leaves open possibility of June 12 summit with North Korea
- May 25, 2018
Trump indicated the summit could be salvaged after welcoming a conciliatory statement from North Korea saying it remained open to talks. And when North Korea dismantled its nuclear testing site Thursday, just hours before Trump pulled out of the summit, USA officials said Kim had reneged on a pledge to allow worldwide observers to verify its destruction. (more...)
- May 25, 2018
Trump indicated the summit could be salvaged after welcoming a conciliatory statement from North Korea saying it remained open to talks. And when North Korea dismantled its nuclear testing site Thursday, just hours before Trump pulled out of the summit, USA officials said Kim had reneged on a pledge to allow worldwide observers to verify its destruction. (more...)
Asia Surprised Trump Canceled North Korea Nuclear Summit
- May 25, 2018
While some Trump allies on Capitol Hill praised the move, other lawmakers and experts had warned for weeks that the hastily arranged preparations - taking worldwide allies by surprise - and USA officials' failure to accurately gague North Korea's objectives put the talks on precarious ground from the start. (more...)
- May 25, 2018
While some Trump allies on Capitol Hill praised the move, other lawmakers and experts had warned for weeks that the hastily arranged preparations - taking worldwide allies by surprise - and USA officials' failure to accurately gague North Korea's objectives put the talks on precarious ground from the start. (more...)
McCain praises Trump's posthumous pardon of boxer Jack Johnson
- May 25, 2018
The move is a response to athletes, activists, and celebrities who have asked successive administrations to clear Johnson's name and overturn the injustice of the conviction that ruined his career, according to The Associated Press . Congress has supported numerous resolutions calling for Johnson's pardon. "It's about time ", said Trump, who was joined in the Oval Office by actor Sylvester Stallone and boxer Lennox Lewis, both of whom have brought attention to the issue. (more...)
- May 25, 2018
The move is a response to athletes, activists, and celebrities who have asked successive administrations to clear Johnson's name and overturn the injustice of the conviction that ruined his career, according to The Associated Press . Congress has supported numerous resolutions calling for Johnson's pardon. "It's about time ", said Trump, who was joined in the Oval Office by actor Sylvester Stallone and boxer Lennox Lewis, both of whom have brought attention to the issue. (more...)
USA Gymnastics CEO apologizes for Nassar's 'despicable crimes,' announces mediation
- May 25, 2018
Center for SafeSport CEO Shellie Pfohl . At one point during the hearing, Rep. "The time to talk is over". She said she was "appalled and sickened by the despicable crimes" of Nassar and said USA Gymnastics has taken a new course over the last five months to protect athletes. (more...)
- May 25, 2018
Center for SafeSport CEO Shellie Pfohl . At one point during the hearing, Rep. "The time to talk is over". She said she was "appalled and sickened by the despicable crimes" of Nassar and said USA Gymnastics has taken a new course over the last five months to protect athletes. (more...)
Trump asks if National Football League players who protest should be in country
- May 25, 2018
Designed to be a compromise between protesters and patriots, the immediate reaction to the policy indicated neither side was pleased with what the owners have done and the potential loopholes for other forms of on-field protests their decision creates. (more...)
- May 25, 2018
Designed to be a compromise between protesters and patriots, the immediate reaction to the policy indicated neither side was pleased with what the owners have done and the potential loopholes for other forms of on-field protests their decision creates. (more...)
England bat first against Pakistan in Test
- May 24, 2018
England has won the toss and chosen to bat first in the first test against Pakistan at Lord's. For seven members of the touring Pakistan side, today's opening fixture will be the first time they have played a match at the ´home of cricket´. (more...)
- May 24, 2018
England has won the toss and chosen to bat first in the first test against Pakistan at Lord's. For seven members of the touring Pakistan side, today's opening fixture will be the first time they have played a match at the ´home of cricket´. (more...)
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Crude oil futures slip Rs 29 to Rs 3,972 per barrel