• Bitcoin value spirals to 2-month low after cryptocurrency exchange hacked
Bitcoin value spirals to 2-month low after cryptocurrency exchange hacked

Coinrail said in a statement on its website that it's reviewing its system due to hacking attempts. The South Korean police began an investigation on Monday after Korea's seventh largest crypto exchange Coinrail lost more than 40 billion ($37 million) in altcoins in an apparent attack by hackers over the weekend.

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  • Congress skeptical of Trump's G7 strategy
Congress skeptical of Trump's G7 strategy

The President , who left the G7 Summit early to go Singapore for his meeting with Kim Jong Un , called Prime Minister Justin Trudeau "very dishonest and weak". "[Mr Trudeau] really kind of stabbed us in the back ", Mr Kudlow, the director of the National Economic Council who had accompanied Mr Trump to the summit of wealthy nations on Sa...

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  • U.S. says North Korea talks moving quickly, Trump to leave early
U.S. says North Korea talks moving quickly, Trump to leave early

Would conventional politics have even taken us this far? "If it's hard for the US ... to continue pushing 'maximum pressure, ' " Kotani said of Trump's campaign of sanctions and diplomacy meant to bring the North to the negotiating table, "then Japan should continue to verify the commitment of the worldwide community on behalf of Washington".

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  • Verizon names tech chief as CEO, putting network over content
Verizon names tech chief as CEO, putting network over content

Vestberg's contribution so far at Verizon as CTO is quite deep. Well enough for McAdam to want Vestberg to succeed him as CEO. Stratton plans to retire by the end of the year. Vestberg made a presentation about Verizon's 5G plans in a panel discussion at the CES show in Las Vegas in January. His appointment comes as Verizon and other wireless...

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  • Trudeau said nothing at G7 he hasn't told Trump in person: office
Trudeau said nothing at G7 he hasn't told Trump in person: office

The summit in Canada was marked by the U.S. president's controversial trade policy which has put him at odds with the rest of the G7 leaders. Trump, who repeated that his tariffs are meant to protect USA industry and workers from unfair worldwide competition, said he had suggested to the other G7 leaders that all trade barriers, including t...

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  • France, Europe stand by G7 statement after Trump U-turn: French official
France, Europe stand by G7 statement after Trump U-turn: French official

Trump, who repeated that his tariffs are meant to protect US industry and workers from unfair worldwide competition, said he had suggested to the other G7 leaders that all trade barriers, including tariffs and subsidies, be eliminated. Fears of a looming trade war were heightened last week after all the G7 nations announced plans to retaliate a...

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  • G7 allies confront Trump with trade numbers at tense summit
G7 allies confront Trump with trade numbers at tense summit

The US president floated the idea - which was received as somewhat rhetorical - as a meeting of the G7 leaders was breaking up. "With that being said, Russian Federation should be in this meeting", he said. The White House announced his travel plans after French President Emmanuel Macron and Canadian Prime Minister Justin Trudeau signaled th...

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  • Porsche's first electric auto will be called the Taycan
Porsche's first electric auto will be called the Taycan

Taycan translates roughly to "lively young horse", referencing the leaping steed in the Porsche crest. The name was announced overnight during an event to celebrate 70 years since it registered its first auto, the 356 "No 1" Roadster. Some of the spotted cars have been wearing exhaust exit surrounds that were fake and fitted to hide the car's ...

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  • Trump Breaks With G-7 to Urge Russia’s Return, Jabs ‘Unfair Trade’
Trump Breaks With G-7 to Urge Russia’s Return, Jabs ‘Unfair Trade’

At the White House, Abe offered Trump praise for his denuclearization efforts in the Korean Peninsula, telling him it was an outstanding achievement that past US presidents have been unable to accomplish. "A rocky summit to begin with already, is likely to be a bit rockier", explains Carleton University Political Scientis Elliott Tepper, who says...

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  • Ghana Football Association Dissolved Following Documentary Exposing Widespread Corruption
Ghana Football Association Dissolved Following Documentary Exposing Widespread Corruption

Ghana has said it will dissolve its national football association after Kwesi Nyantakyi was filmed apparently accepting a "cash gift". A release signed by the embattled president said his comments in the conversation in the private discussion he had with "scammers" were acts of "indiscretion".

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  • Cambridge Analytica CEO Allegedly Sent $8.2Mln to His Other Firm - Shareholders
Cambridge Analytica CEO Allegedly Sent $8.2Mln to His Other Firm - Shareholders

Senator Mark Warner, the vice chairman of the Intelligence Committee, asked Facebook if Chinese firms Huawei Technologies Co Ltd, ZTE Corp or Xiaomi were among the companies that received user data. "The government of India is deeply concerned about reports of such lapses/violations", it said, asking Facebook to respond by June 20. He said that...

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  • NTSB: Tesla driver did not have hands on wheel before fatal crash
NTSB: Tesla driver did not have hands on wheel before fatal crash

The crash sparked a national debate over the challenges firefighters face when responding to electric vehicle crashes as well as whether Tesla owners can trust their vehicles' autopilot system. Federal investigators say the Tesla using the company’s semi-autonomous driving system accelerated just before crashing into a California freeway barr...

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  • Chinas willing to boost imports if U.S. meets half-way on trade
Chinas willing to boost imports if U.S. meets half-way on trade

The remarks are likely to create more economic uncertainty between Canada and the USA following Trump's imposition of steel and aluminum tariffs that now affect imports from this country, Mexico and Europe. In an interview with the BBC in January, Macron said he had a " very direct relationship " with his USA counterpart. "Maybe, but nobody...

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  • Wilbur Ross says Trump administration has reached
Wilbur Ross says Trump administration has reached "definitive agreement" with ZTE

The US has reached an agreement to lift sanctions on Chinese telecom equipment maker ZTE, Commerce Secretary Wilbur Ross said Thursday. For breaking an agreement that was put in place after it pleaded guilty to violating USA sanctions in 2017, the Department of Commerce banned all USA businesses from selling components to Chinese manufacturer ZT...

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  • Trump Insults Canada In Private Phone Call With Trudeau Over Tariffs
Trump Insults Canada In Private Phone Call With Trudeau Over Tariffs

Canadian broadcaster CBC also confirmed that the conversation took place. That was actually British troops , and historians say it was payback for an American attack on York, Ontario, which later became a part of Canada. Europe and Canada will press the President to allow them to continue to co-operate with Iran, so that it maintains its pr...

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  • President Trump holds White House celebration without Eagles, man kneels during anthem
President Trump holds White House celebration without Eagles, man kneels during anthem

In a follow up tweet, he echoed his favorite narrative: " Fake News is really bad!" "We're very proud of her, she's done a fantastic job as First Lady". The school's principal, Morrison Borders, who attended the White House ceremony along with some of his students and colleagues, said the program teaches children to connect in person, in a world...

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  • US Media Giants Cleared to Bid For Sky Takeover
US Media Giants Cleared to Bid For Sky Takeover

United Kingdom culture minister Matt Hancock said the deal can move forward if Sky News is sold to a suitable third party. Culture Secretary Matt Hancock also announced a rival bid from United States media giant Comcast had been given the green light, in a move that is likely to set up a multibillion-pound bidding war for the British broad...

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  • ACCC: Petrol prices highest since 2015
ACCC: Petrol prices highest since 2015

Recent cut in fuel rates in India have come in the backdrop of continuous fall in worldwide oil prices over the week. Petrol prices in Australian cities reached their highest levels in nearly four years last month, with Brisbane hit the hardest.

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  • Starbucks' Howard Schultz steps down as executive chairman
Starbucks' Howard Schultz steps down as executive chairman

On Monday, the New York Times published a profile of Schultz, which included speculation that he may be planning a run for President of the United States in 2020 as a Democrat. Some of the business leaders included JPMorgan Chase's chief executive Jamie Dimon, billionaire National Basketball Association team owner Mark Cuban, and Disney CEO Rob...

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  • Merkel rules out Italian debt relief
Merkel rules out Italian debt relief

She also said the EMF should be able to assess the debt sustainability of member states and "the instruments needed to restore this if necessary" - a nod to debt restructuring, which France opposes. For Mr. Macron, Pesco's existing cooperation on logistics and procurement don't go almost far enough. The issue is complicated by Germany's determina...

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