Jordan Belfort, the infamous penny-stock broker formerly known as the “Wolf of Wall Street,” has urged investors to dismiss the current craze of Initial Coin Offerings (ICOs), calling them the “biggest scam ever.” In an interview with The Financial Times published Sunday, Belfort warned promoters of ICOs were “perpetuating a massive scam of the highest […]

The websites used for presentation of the Czech Republic’s election results were hacked on Saturday afternoon, the Czech Statistical Office (CSU) said on Sunday, adding that the vote count was not affected. Czechs voted on Friday and Saturday in the parliamentary election, with the results then shown on two websites that CSU maintains with an […]

European markets are expected to open mixed on Monday morning, as Spain’s constitutional crisis continued to aggravate investors’ concerns about political unity in the region. Looking to the major bourses, the U.K.’s FTSE 100 is expected to open 3 points higher at 7,519, while the German DAX is set to start on a positive note, […]

The presidents of Italy’s wealthy northern regions of Veneto and Lombardy on Sunday claimed victory in autonomy referendums that seek to grab additional powers and tax revenue from Rome, riding a global tide of self-determination that has swamped Spain’s Catalonia region. The votes were nonbinding, but the leaders of the neighboring regions hope to leverage […]

Dutch health technology company Philips said on Monday its core profits in the third quarter rose 12 percent to 532 million euros ($626.11 million), as strong growth in China pushed sales up 4 percent. Analysts polled for Reuters predicted adjusted earnings before interest, taxes and amortisation (EBITA) of 533 million euros, with a comparable sales […]

Zimbabwean President Robert Mugabe has been removed as a goodwill ambassador, the World Health Organization said on Sunday, following outrage among Western donors and rights groups at his appointment. WHO Director-General Tedros Adhanom Ghebreyesus named Mugabe to the largely ceremonial post at a meeting on Wednesday in Uruguay on chronic diseases attended by both men. […]

U.S. Secretary of State Rex Tillerson on Sunday promoted a Trump administration goal of uniting Saudi Arabia and Iraq in common cause to counter Iran’s growing assertiveness in the Middle East. Tillerson participated in the inaugural meeting of the Saudi Arabia-Iraq Coordination Committee, along with Saudi King Salman and Iraqi Prime Minister Haider al-Abadi, telling […]

Russia accused the U.S.-led coalition in Syria on Sunday of wiping the city of Raqqa “off the face of the earth” with carpet bombing in the same way the United States and Britain had bombed Germany’s Dresden in 1945. The Russian Defence Ministry, which has itself repeatedly been forced to deny accusations from activists and […]

Catalonia’s leaders said on Saturday they would not accept direct rule imposed on the region by the Spanish government, as a political crisis that has rattled the economy and raised fears of prolonged unrest showed no signs of easing. Spanish Prime Minister Mariano Rajoy announced earlier on Saturday he would invoke special constitutional powers to […]

The appointment of Zimbabwe’s President Robert Mugabe as a goodwill ambassador of the World Health Organisation (WHO) has been denounced by human rights groups. WHO Director-General Tedros Adhanom Ghebreyesus announced the appointment at a high-level meeting on non-communicable diseases (NCDs) in Uruguay on Wednesday. The meeting was attended by Mugabe, 93. He is blamed in […]