SpaceX has announced that is has completed first-stage testing on the Falcon Heavy, its new heavy-lift rocket. The Falcon Heavy has been touted as a crucial element of CEO Elon Musk’s ambitious plan to reuse rockets that can fly crew as far away as Mars. In a tweet, the company said that three first-stage cores […]
Read moreThe price of bitcoin fell sharply after Chinese regulators announced a ban on organizations from raising funds using initial coin offerings (ICOs). ICOs allow start-ups to raise investment by selling new cryptocurrencies, which are similar to bitcoin, in return for cash. However, the People’s Bank of China says this practice, which has become popular around […]
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Hillary Clinton endorsed a new media platform — and then it suffered a cyberattack
Hillary Clinton endorsed a new political media platform on Sunday, shortly before an alleged cyberattack forced the website offline. Clinton surprised many of her followers over the weekend when she announced her personal support for a new and relatively unknown website called Verrit. Tweet 1 Described as a “media platform for the 65.8 million” voters […]
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Bank of England gets a new member as traders eye an eventual rate hike
David Ramsden joined the Bank of England (BOE) Monday as deputy governor for markets, with analysts expecting the economist to stick to a dovish line for the bank and not opt for immediate rate hikes. He will also be a member of the BOE’s Monetary Policy Committee (MPC), the Financial Policy Committee, the Prudential Regulation […]
Read moreElon Musk has made an ominous warning about artificial intelligence (AI), suggesting it could be the cause of a third world war. His comment was in response to Russian President Vladimir Putin who said Friday that the first global leader in AI would “become the ruler of the world.” “China, Russia, soon all countries w […]
Read moreThe Russian Central Bank said on Monday it had launched a new mechanism for providing struggling banks with extra rouble liquidity. Russia’s Otkritie Bank was the first lender to benefit from the new scheme after the central bank stepped in last week to rescue it following a sustained run on its deposits amid worries about […]
Read moreBritain’s Prince William and his wife Kate are expecting a third child, their office said on Monday. “The Duke and Duchess of Cambridge are very pleased to announce that The Duchess of Cambridge is expecting their third child,” Kensington Palace said in a statement. Source: cnbc UK's Prince William and wife Kate expecting third child
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‘There’s no blackmail. There is no blackmail’: French minister defends treatment of UK
France’s economy minister has dismissed suggestions that the U.K. is being “blackmailed” into agreeing a fee for its split from the EU before formal trade talks can begin. “There’s no blackmail. There is no blackmail,” Bruno Le Maire told CNBC on the sidelines of the Ambrosetti Forum in Italy over the weekend. “You cannot rewrite […]
Read moreNorth Korea on Sunday conducted its sixth and most powerful nuclear test, which it claimed was an advanced hydrogen bomb designed for a long-range missile. Outside observers haven’t verified that the weapon was a hydrogen bomb, but experts widely agree that the weapon created an explosion that far exceeded previous North Korean nuclear tests. Norsar, […]
Read moreSouth Korea’s defense ministry said in a parliament hearing on Monday it was still seeing signs that North Korea planned to stage more ballistic missile launches, possibly including an intercontinental ballistic missile. “We have continued to see signs of possibly more ballistic missile launches. We also forecast North Korea could fire an intercontinental ballistic missile,” […]
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