Prosecutors investigating the downing of Malaysia Airlines Flight 17 over eastern Ukraine in 2014 said on Thursday they had identified the missile used to shoot down the plane as coming from a Russian military unit. The airliner was hit by a Russian-made missile on July 17, 2014, with 298 people on board, two-thirds of them […]
Read moreFacebook users will soon see a notice on their accounts asking them to review their privacy settings, as the company prepares for the rollout of new data protection rules in Europe. The alert, which starts appearing this week, asks users across the globe to reassess their preferences for the types of personal data Facebook can […]
Read moreThe SUV slowly approaches an apartment complex in a quiet residential section of Miami Beach, Florida. On the second floor balcony, a group is gathered. Code Compliance Officer Vijma Maharaj approaches, her body camera recording, and tells them she has bad news. The apartment they rented on Airbnb is illegal. While tourist-dense South Beach, where […]
Read moreNorth Korea has carried out what it says is the demolition of its nuclear test site in the presence of foreign journalists. The demolition happened Thursday at the site deep in the mountains of the North’s sparsely populated northeast. The planned closing was previously announced by leader Kim Jong Un ahead of his planned summit […]
Read moreThe U.S. Department of Justice opened a criminal probe into the possibility that traders are manipulating the price of bitcoin and other cryptocurrencies, according to a report from Bloomberg. The investigation surrounds the practice of spoofing — where an investor places orders that are intended to manipulate the price of an instrument — and flooding […]
Read moreChina has found no clues to explain what happened to an American citizen working at a U.S. consulate who reported suffering from “abnormal” sounds and pressure leading to a mild brain injury, a foreign ministry spokesman said on Thursday. The U.S. embassy, which issued a health alert on Wednesday to Americans living in China, said […]
Read moreCurrency, United States Finance
US Treasurys are the biggest risk to global markets right now, ECB’s vice president warns
A potential correction in financial markets is what keeps the European Central Bank’s vice president awake at night, he said Thursday, discussing the ECB’s recently released bi-annual financial stability report (FSR). “The main risk in the FSR is a correction in financial markets, particularly in the bond market,” Vitor Constancio told CNBC’s Annette Weisbach in […]
Read moreCurrency, United States Finance
French president lauds Europe as the 'most attractive place' for tech giants
French President Emmanuel Macron said Europe must avoid making the same mistakes as the U.S. and China if the region is to successfully tackle some of the world’s biggest tech giants. Macron is currently spearheading efforts for Europe to adopt tougher regulations on digital companies. On Wednesday, the French leader said that while he was […]
Read moreAdyen, a Dutch company that processes payments for Airbnb, Uber, Spotify and Netflix, plans to list on the Amsterdam stock exchange in June in the midst of a wave of dealmaking in the digital payments industry. Sources close to the matter told Reuters last month that Adyen was eyeing a valuation of 6-9 billion euros […]
Read moreTurkey’s central bank raised interest rates by 300 basis points on Wednesday in an emergency move to put a floor under the plunging lira currency and calm investors unnerved by interventions from President Tayyip Erdogan. The central bank, which had been scheduled to hold its next policy-setting meeting on June 7, said it had increased […]
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