Global cyber attack fuels concern about U.S. vulnerability disclosures Global cyber attack fuels concern about U.S. vulnerability disclosures:- A global cyber attack on Friday renewed concerns about whether the U.S. National Security Agency and other countries' intelligence services too often hoard software vulnerabilities for offensive purposes, rather than quickly alerting […]
United Kingdom
U.N. chief says seeking further $900 million for Somalia crisis response U.N. chief says seeking further $900 million for Somalia crisis response:- The United Nations is seeking a further $900 million this year for Somalia, where more than 6 million people need humanitarian assistance and 275,000 malnourished children are at […]
Twenty-First Century Fox misses Wall Street sales target Twenty-First Century Fox misses Wall Street sales target:- Twenty-First Century Fox Inc (FOXA.O), the television and film company controlled by Rupert Murdoch, reported quarterly revenue below Wall Street's expectations on Wednesday, weighed down by weaker box office results. Its shares initially dipped […]
Facebook warns of fake news danger ahead of British election Facebook warns of fake news danger ahead of British election:- Facebook has launched a British newspaper advertising campaign to warn users of the dangers of fake news, in the latest drive by the social media giant to tackle malicious information […]
Reflation trades fizzle, sterling holds above $1.28 Reflation trades fizzle, sterling holds above $1.28:- Stocks flatlined and gold fell on Wednesday as investors continued to question the 'reflation' trades that had lifted markets since the election of U.S. president Donald Trump in November, while sterling basked in the glow of […]
Sao Paulo judge rules Uber drivers are employees, deserve benefits A judge in Brazil's biggest city ruled this week that a driver using the Uber [UBER.UL] ride-hailing app is an employee of the San-Francisco-based company, threatening its business model in one of its biggest markets. Uber said it would appeal […]
JPMorgan profit jumps 17 percent on trading surge, underwriting JPMorgan Chase & Co (JPM.N) reported a nearly 17 percent jump in quarterly profit on Thursday, thanks to a surge in trading activity and securities issuance that helped its Wall Street businesses. The largest U.S. bank earned $6.4 billion in the […]
India clamps down on Kashmir transport after poll violence kills eight India clamps down on Kashmir transport after poll violence kills eight:- Indian police on Monday imposed curfew-like curbs on movement of people across several parts of disputed Kashmir, a day after clashes with protesters during a by-election killed eight […]
JPMorgan softens tone on Brexit jobs warning JPMorgan softens tone on Brexit jobs warning:- The head of U.S. bank JPMorgan Chase (JPM.N) said on Tuesday the bank is not planning to move many jobs out of Britain in the next two years in a softening of tone on the likely […]
China holds up Asia stocks, oil gains on North Sea outage China holds up Asia stocks, oil gains on North Sea outage:- Asian stocks edged up on Wednesday, helped by a bounce in Chinese shares, though investors held off from making big bets before a highly-anticipated summit between U.S. President Donald Trump […]