Business

ZTE reportedly signs deal that would end export ban

ZTE reportedly signs deal that would end export ban In 2018, the government placed a seven-year US parts supply ban on ZTE, as it claimed the company had not yet disciplined 35 of its employees, which was a condition of the 2017 deal. The report says that ZTE has signed an agreement in principle drawn up by the United States, but it has not signed anything definitive. Trump appeared to confirm that a deal had been reached in a tweet on May 25... [Full Article...]

Trump Invokes War Of 1812 In Testy Call With Trudeau Over Tariffs

The meeting on Friday and Saturday in Charlevoix, Quebec, will be the first chance G7 leaders have had to confront Trump in person since US tariffs on steel and aluminum imports from Canada, Mexico and the European Union were imposed last week. [Full Article...]

No clarity on US-China trade as North Korea summit looms

No clarity on US-China trade as North Korea summit looms The White House has said that it might move ahead with the imposition of tariffs on $ 50 billion of Chinese goods around the middle of this month if a broad agreement to slash the $375 billion trade deficit isn't reached. The United States and Mexico do $600 billion in annual trade and about 16 percent of USA goods exports go to its southern neighbor. The Mexican peso dropped to its weakest l... [Full Article...]

Asian shares languish as Italian turmoil hits world markets

Asian shares languish as Italian turmoil hits world markets Apart from developments in Italy, investors are also looking to the upcoming euro zone consumer price data at 0900 GMT, which is expected to show inflation has accelerated to 1.6 percent in May. South Korea's KOSPI rose 0.8 percent, buoyed by stocks which are seen as benefiting from a further thawing in tensions with Pyongyang. " President (Donald) Trump has not accomplished very much in terms ... [Full Article...]

Where to get free doughnuts and deals on National Doughnut Day

Where to get free doughnuts and deals on National Doughnut Day Customers will receive a free order of donut holes with any online pizza purchase on June 1, and the dessert will remain on the menu for a limited time after that. June 1 marks the chain's 41st birthday and is offering Potbelly Perks members a BOGO deal: a free sandwich with the purchase of another sandwich. They will also be hosting several half-dozen doughnut giveaways with the winners b... [Full Article...]

Spanish PM To Be Ousted In "No Confidence" Vote

Spanish PM To Be Ousted In Socialist leader Pedro Sánchez needs a majority of 176 votes to become leader. In parliament, the Basque Nationalist Party (PNV) said its five lawmakers would vote against Rajoy, who was conspicuously absent from the lower house after earlier launching a staunch defence against the motion, scheduled for Friday. [Full Article...]

EA Sports ran Federation Internationale de Football Association 18 World Cup simulation

EA Sports ran Federation Internationale de Football Association 18 World Cup simulation Germany is one of the most successful national teams in global competitions, having won 4 World Cups (1954, 1974, 1990 and 2014), 3 European Championships (1972, 1980 and 1996) and 1 Confederations Cup (2017). We shouldn't expect too many fireworks and not numerous players involved will be rolling off the tongues of Irish viewers, but for that opening day fixture at least in Moscow, Saudi Arabia ... [Full Article...]

Trump Administration Hits Canada, Mexico, EU with Steel and Aluminum Tariffs

Trump Administration Hits Canada, Mexico, EU with Steel and Aluminum Tariffs While not confirming directly that the US would decide to impose tariffs, he said: 'It's up to the European Union to decide if it wants to take retaliatory measures. U.S. Steel Corp., AK Steel Holding Corp. and Steel Dynamics Inc. all gained in NY. Trudeau's comments came alongside a report from Bloomberg News stating that Canada's trade officials had announced retaliatory tariffs on ste... [Full Article...]

Oil output could return to October 2016 level, says Russia's Novak

Oil output could return to October 2016 level, says Russia's Novak According to TrackInsight data, Energy Stock ETFs fell back 1.9% on Thursday 25 May, while the largest ETF tracking energy stocks, the €16.5 billion Energy Select Sector SPDR Fund, fell some 3% on Friday following the news reports . "We don't want these prices to fall too far, '" said Phil Flynn , analyst at Price Futures Group in Chicago. This is primarily due to crude oil's surge to a 3½-yea... [Full Article...]

Kerala to reduce on petrol and diesel by Re 1

Kerala to reduce on petrol and diesel by Re 1 After claiming that it was reducing the fuel prices by 59 paise in metro cities, the Indian Oil Corporation (IOC) cut the prices only by one paisa. The reduction comes after 16 consecutive price increases since May 14 when fuel retailers ended a 19-day pre-Karnataka poll hiatus to pass on a spike in global oil rates . [Full Article...]

Feds Say Your Internet Router May Be Infected With Russian Malware

Feds Say Your Internet Router May Be Infected With Russian Malware Upgrading the router's firmware and changing the password will also help secure your device. The F.B.I. has issued a warning, asking the owners of hundreds of thousands of Internet routers to reboot the device to prevent Russian malware. If left unattended, the malware has the potential to render routers completely inoperable. "Detection and analysis of the malware's network activity is compli... [Full Article...]

Petrol, Diesel Prices Rise For 16th Day

Petrol, Diesel Prices Rise For 16th Day Along with Delhi, prices in Mumbai and Chennai have already reached record levels. In addition, price in Kolkata inched up to Rs 80.76, against 80.61 per litre on the previous day. Critics of the government say fuel prices were kept in check to woo voters in the southern Indian state. Fuel prices differ from state to state according to the incidence of local sales tax or VAT. [Full Article...]

Starbucks to close over 8000 stores for employee anti-bias training

Starbucks to close over 8000 stores for employee anti-bias training As a result, about 8,000 company-owned locations across the country will close early Tuesday. Starbucks locations in airports, on college and private business campuses and within grocery and other retail stores will remain open for regular hours. [Full Article...]

Italian PM-designate Giuseppe Conte fails to form coalition government, resigns

Italian PM-designate Giuseppe Conte fails to form coalition government, resigns Italian President Sergio Mattarella said he refused to approve populist leaders' choice of an economy minister who has expressed anti-euro views because the appointment would have "alarmed markets and investors, Italians and foreigners". Critics, including Luigi Di Maio, the M5S leader, were quick to criticise Mattarella, accusing him of an abuse of power and calling for his impeachment. [Full Article...]

23 missing as boat capsizes in Godavari river

23 missing as boat capsizes in Godavari river A team of divers, along with Dornier aircraft, have been sent to Rajahmundry to join rescue operations. Locals claim that almost 50 people were on board and 10 swam to safety. "As per the information we gathered from the witnesses, more than 30 persons are still missing", he told TV channels. Speaking to the press, CBN said, "the Boat (launch) has been thoroughly checked in the morning on th... [Full Article...]

Senate approves bipartisan resolution to restore FCC net neutrality rules

Senate approves bipartisan resolution to restore FCC net neutrality rules Three Republican Senators voted with all 49 Democrats in the chamber to pass a measure TODAY (5/16) to repeal the FCC's new rules that dismantled net neutrality . The bill now heads to the House for a vote. The open internet scored a huge victory on Wednesday, but you wouldn't know it by watching America's major corporate television networks. [Full Article...]

Elon Musk says 'thorough reorganisation' underway at Tesla

Elon Musk says 'thorough reorganisation' underway at Tesla Witnesses said the auto "did not brake or take any action to avoid the collision" but the driver has since admitted to police that she had been looking at her phone prior to the collision. In a couple of recent tweets Musk downplayed the accident itself, emphasizing the fact that the only injury the Tesla driver had sustained was a broken ankle, when, he argued, it would have been much worse i... [Full Article...]

Hamas offers Israel quiet on Gaza border if airstrikes reduced

Hamas offers Israel quiet on Gaza border if airstrikes reduced Palestinian president Mahmoud Abbas accused Israel of "massacres", while Amnesty International called the violence an "abhorrent violation" of human rights. This was corroborated on Tuesday by Australian Prime Minister Malcolm Turnbull, who blamed Hamas for the dozens of deaths in Gaza for "pushing people to the border". [Full Article...]

Amazon Go arrives again - This time in Chicago and San Francisco

Amazon Go arrives again - This time in Chicago and San Francisco Amazon executives had hinted during the January opening of the pilot store on the company's Seattle headquarters campus that they planned to expand, but the company had been silent on its road map. Amazon Go's systems automatically debit their accounts for the items they take, sending the receipt to the app. Amazon says it will bring a cashier-less store to IL. [Full Article...]

Salma Hayek: Male actors may need to take pay cuts

Salma Hayek: Male actors may need to take pay cuts Hayek, a prominent leader in Hollywood's Time's Up movement, was among 82 women - symbolizing the mere 82 female-directed films to have screened at Cannes, compared to 1,866 films directed by men - who protested the festival's gender inequality the previous day. [Full Article...]


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