Asian markets were set for slight gains on Thursday, with investors nervous ahead of a deadline when tariffs from the U.S. and China are due to be implemented. Futures tipped markets in Japan and Australia to open higher. Nikkei futures were mostly flat, trading 0.06 percent higher than the index’s Wednesday close. Australian futures were […]
Read moreCurrency, United States Finance
Trump feels the heat on rising gas prices, demands oil cartel do more to 'reduce pricing now'
President Donald Trump issued a new demand for the world’s leading oil producing countries to stabilize oil markets, only days after the United States and Saudi Arabia discussed the possibility of the kingdom releasing more crude to dampen surging prices. On Twitter, Trump called on OPEC countries, fresh from a meeting in which they decided […]
Read moreCAMBRIDGE, England — When you step off the train here and walk into the city square outside the railway station, you will not see the spires of King’s College Chapel or the turrets atop the Trinity Great Court. The University of Cambridge is still a cab ride away. But you will see a stone and […]
Read moreFacebook’s reputation is under pressure from a data leak affecting up to 87 million users, calculated foreign manipulation of its advertising platform, and reports out of Myanmar and Sri Lanka that its services were weaponized for ethnic cleansing and genocide among other things. To address these scandals, Facebook has crafted a careful message: “We were […]
Read moreThere is a myth in Silicon Valley that only the young, upstart entrepreneurs will succeed. But eight successful founders from HuffPost’s Arianna Huffington to Ethereum’s Joseph Lubin prove founding past 40 is possible — if even preferable. “As a would-be entrepreneur, people have on-boarded this cultural myth that you have to be very young. Some […]
Read moreChina will succeed in building a powerful technology industry that will rival the United States, even if President Trump starts a trade war to stop it. The reason can be found on the fourth floor of a nondescript factory in a city once famous for cheap manufacturing and prostitution. This factory floor, in the southern […]
Read more
TRAVELLERS come in all different stripes. So it is generally not wise for the chief executive of a major airline to say something like this about a controversial presidential stance: “This policy and its impact on thousands of children is in deep conflict with [our] mission and we want no part of it.” But that […]
Read more
I’ve always found summer to be a good time to step away from technology for a little bit. As often as I can, and I’ll do it this week to celebrate the Fourth of July, I’ll put down my phone for a few days and leave technology behind while I head to the beach. You […]
Read more
IT USED to be said that America’s shale producers were the new “swing factor” in global oil markets. It turns out that role is being taken by America’s president. At a time when oil prices are at three-and-a-half-year highs, markets are being buffeted by three countervailing forces unleashed by President Donald Trump: his geopolitical agenda, […]
Read moreCurrency, United States Finance
Italy's old guard watches with concern as coalition government undoes reform efforts
Reform and debt reduction efforts in Italy are at risk of being undone by its new populist coalition government, the country’s former minister of economy and finance and Italy told CNBC on Wednesday. “It is essential that Italy continues the path of fiscal consolidation, putting debt on a clear declining path and at the same […]
Read more