The dollar spiked to three-month highs against the yen and futures indicated a higher open for the benchmark Nikkei 225 index following a snap election in Japan on Sunday. Japanese Prime Minister Shinzo Abe’s ruling coalition secured a two-thirds “super majority” after winning 312 out of 465 seats available at Sunday’s election, Reuters said, citing […]
Read moreZimbabwean 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. […]
Read moreSome of the biggest names in technology have been lavishing millions on Congress during the third quarter, according to government documents — at a time when they’re under increasing regulatory scrutiny from Washington. The disclosures, required by the Lobbying Disclosure Act, revealed Google spent $4.17 million lobbying Congress this most recent quarter. Facebook spent $2.85 […]
Read moreStep aside, Rockefeller. Move over, Carnegie. Out of the way, Ford. For the better part of a century, a few Gilded Age names dominated the ranks of big philanthropy. No longer. In a matter of years, a new crop of ultra-wealthy Americans has eclipsed the old guard of philanthropic titans. With names like Soros, Gates, […]
Read moreGlobal car makers are moving to energize the electric car market — exemplified by recent moves by auto giants like Ford and Volvo, which announced over the summer that it would stop making gas-only cars after 2019. So is the death of the internal combustion engine ahead? “I would not say it’s imminent,” Michelle Krebs, […]
Read moreU.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 […]
Read moreCurrency, United States Finance
Russia accuses US-led coalition of 'barbaric' bombing of Syria's Raqqa
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 […]
Read moreCatalonia’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 […]
Read moreTens of thousands of people across Japan were advised to evacuate, hundreds of flights were cancelled and train services were disrupted on Sunday as a typhoon roared toward the coast, bringing heavy rain and strong winds on a national election day. Typhoon Lan, classified as an intense Category 4 storm by the Tropical Storm Risk […]
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