Business

Net neutrality repeal takes effect Monday

Net neutrality repeal takes effect Monday In a statement , Schumer said that House Republicans could have prevented the regulations on internet service providers (ISPs) from being rolled back by taking up legislation that passed the Senate last month. "I support a free and open internet", claims the FCC boss that just demolished rules protecting a free and open internet. As part of this effort, more than 16.5 million pro-net neutrali... [Full Article...]

Land Rover To Discontinue Three-Door Range Rover Evoque Globally

Land Rover To Discontinue Three-Door Range Rover Evoque Globally The move is likely to result in Britain's biggest vehicle maker cutting agency staff at the plant near Birmingham as part of a manufacturing shake-up which is due to take effect from early next year as the European site at Nitra comes on line. [Full Article...]

Won't Endorse G7 Communique After 'Weak' Trudeau Comments

Won't Endorse G7 Communique After 'Weak' Trudeau Comments Shortly after President Trump blasted Canada on Saturday and said the USA would not endorse a joint statement with other world leaders at the Group of Seven summit in Quebec, the almost 4,000 word communique was released. "Trump did not want to be isolated", Macron said. The president had described the G7 meeting as cordial, even though he accused the US allies of treating America "like a pi... [Full Article...]

Crypto Exchange Heist Sends Markets Tumbling-P.BCHAIN

Crypto Exchange Heist Sends Markets Tumbling-P.BCHAIN The world's most valuable digital currency is now trading at $7,229 per coin, widening losses for the year to 48%. When the bitcoin price fell more than $1,000 and the cryptocurrency market cap shed more than $ 40 billion on "Bloody Sunday", many media commentators attributed the decline to a security breach at a small cryptocurrency exchange in South Korea. [Full Article...]

Trump advisers slam Trudeau's 'betrayal' days before Kim summit

Trump advisers slam Trudeau's 'betrayal' days before Kim summit Bush and President Barack Obama, blasted President Trump Monday as "unstable" following his actions at the G7 summit in Canada this weekend. His tweet, shortly after leaving Charlevoix in Quebec, came in response to what he claimed were "false statements " by the summit host, Canadian premier Justin Trudeau . [Full Article...]

North Korea's Kim lands in Singapore ahead of summit with Trump

North Korea's Kim lands in Singapore ahead of summit with Trump While Singapore has authoritarian leanings, it is still a thriving bastion of capitalism and wealth, and Kim will be performing his high-stakes diplomatic tight-rope walk in front of 3,000 global journalists, including a huge contingent from the ultra-aggressive South Korean press - sometimes referred to by Pyongyang as "reptile media" - two of whom were arrested by Singapore police investigat... [Full Article...]

5,000 jobs at risk as Poundworld slides towards administration

A source told Sky News that discussions about a rescue deal between Poundworld's owner, TPG Capital, and Rcapital, had fallen apart over the weekend, days after a bid from Alteri Investors, another turnaround company, had also been terminated. [Full Article...]

Trump Pulls US From G7 Joint Statement After Bitter Feud With Trudeau

Trump Pulls US From G7 Joint Statement After Bitter Feud With Trudeau With Trudeau, Trump joked that "Justin has agreed to cut all tariffs and all trade barriers between Canada and the United States". He said he pushed them to consider removing every single tariff or trade barrier on American goods, and in return he would do the same for products from their countries. [Full Article...]

Trump, Macron Cool Down The Buddy Act At Canada's G7

Trump, Macron Cool Down The Buddy Act At Canada's G7 Sticking points also remain in the North American Free Trade Agreement (Nafta) renegotiations between Canada , the United States and Mexico , despite it being a key topic during the bilateral meeting between Mr Trump and Canadian PM Justin Trudeau . [Full Article...]

Trade spat looms as Trump heads for hostile G7

Trade spat looms as Trump heads for hostile G7 The leaders from Canada , the European Union, France, Italy, Japan, the United Kingdom and the United States, along with some other observer nations, had dinner at Governor-General Julie Payette's Quebec residence near La Citadelle in Quebec City Friday night. [Full Article...]

Porsche to name all-electric model Taycan

Porsche to name all-electric model Taycan The name, announced by Chief Executive Oliver Blume at Porsche's 70th anniversary celebration on Friday, means "lively, young horse", reflecting the iconic rearing black horse on Porsche's coat of arms. Digital projects, such as networking via Porsche Connect and data security using blockchain in sports cars , will also feature. Features such as the flared haunches, LED tail-light strip... [Full Article...]

Ghana Football Association dissolved after release of Documentary Exposing Corruption

Ghana Football Association dissolved after release of Documentary Exposing Corruption In When Greed and Corruption Become the Norm aired by BBC's Africa News, the journalist exposes some of Ghana's football insiders, releasing footage of officials and referees accepting cash bribes before games, which is explicitly against both FIFA and Ghana Football Association's (GFA ) rules. [Full Article...]

Ex-CEO of Cambridge Analytica Says He Didn't Mean to Mislead

Ex-CEO of Cambridge Analytica Says He Didn't Mean to Mislead Mr Nix said that Mr Wylie had accused CA of working for Brexit, disseminating gruesomely violent videos in an African election, "capturing governments, colonising countries and being part of some right-wing conspiracy". Nix also said that Channel 4 had heavily edited the footage to portray him in a worse light. Nix denied a story in the Financial Times that he had withdrawn $8 million from ... [Full Article...]

More U.S. job openings reported than unemployed Americans

More U.S. job openings reported than unemployed Americans There were 6.59 million unemployed workers in March and even fewer, 6.35 million in April , according to the Labor Department's monthly report on job openings and labor turnover, also known as JOLTS. But in December 2000, near the peak of the late 1990s boom, they were receiving raises of 6.5 per cent. In the three months through April, an average of more than 3.1 million workers, or 2.5% of ... [Full Article...]

Macron calls on G7 members to confront Trump’s trade policies

Macron calls on G7 members to confront Trump’s trade policies Trump's comments were his latest attacking key USA allies ahead of the Group of Seven summit in Charlevoix, Quebec, which is set to begin on Friday. The meeting between Macron and Trudeau will help the two leaders to agree on and create a common front against America, after US President Donald Trump , chose to impose tariffs on steel and aluminium imports from Canada, Europe and Japan. [Full Article...]

Mexico hits back with $3 billion in tariffs on US products

Mexico hits back with $3 billion in tariffs on US products In fact, Canada wasn't even a country until 1867. Nevertheless, the War of 1812 remains the last full-scale conflict that pitted Canadian against American, and it remains a point of contention between both countries. "And they want to blame him for using tariffs". "Unfortunately, the administration is abusing the Section 232 authority delegated to the president by Congress", said Senator B... [Full Article...]

Melania Trump just made her first public appearance in weeks

Melania Trump just made her first public appearance in weeks On Wednesday, the First Lady re-emerged shoulder-to-shoulder with Mr Trump, at the head of a conference table at the Federal Emergency Management Agency headquarters in Washington . Her husband on Wednesday lashed out about the rumors, though he wrongly said the news media had reported them. The Huffington Post asked, "I Wonder Who Wrote That Melania Trump Tweet", suggesting that Trump ... [Full Article...]

Commerce Secretary: US reaches deal with China's ZTE

Commerce Secretary: US reaches deal with China's ZTE A ZTE spokesman couldn't be reached for comment. The United States and China have reached a deal that allows the Chinese telecommunications giant ZTE Corp .to stay in business in exchange for paying an additional $1 billion in fines and agreeing to let USA regulators monitor its operations. [Full Article...]

Monetary policy: RBI hikes repo rate by 25 basis points to 6.25%

Monetary policy: RBI hikes repo rate by 25 basis points to 6.25% The RBI had earlier cited "administrative exigencies" as the reason for the longer meeting. With all the six members voting for a increase in policy rates, the Monetary Policy Committee raised " repo rate by 25 basis points and kept the stance neutral", RBI said in a statement. [Full Article...]

UK culture secretary to offer verdict on Fox bid for Sky

UK culture secretary to offer verdict on Fox bid for Sky Specifically, the CMA warned that if the deal went ahead as proposed by 21CF it would likely operate against the public interest by leading to the Murdoch Family Trust (MFT), which controls Fox and News Corporation (News Corp), increasing its control over Sky, so that it would have too much control over news providers in the United Kingdom across all media platforms including TV, radio, onl... [Full Article...]


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