U.S. President Donald Trump on Saturday promised $639 million in funding for humanitarian programmes, including $331 million to help feed starving people in four famine-hit countries – Somalia, South Sudan, Nigeria and Yemen. Trump’s pledge came during a working session of the G20 summit of world leaders in Hamburg, providing a “godsend” to the U.N. […]
Read moreGerman police braced for a third day of violent clashes with anti-capitalist protesters bent on disrupting the G20 summit of global leaders in Hamburg port, after radicals torched cars, smashed shops and injured officers overnight. While around 100,000 protestors have staged peaceful marches since Thursday, a hard core of the Black Bloc militants from across […]
Read moreCurrency, United States Finance
Putin plane makes detour avoiding Poland, Baltics on way to G-20 – flight tracker
A plane carrying Russian President Vladimir Putin to the G20 summit in Germany made a detour of about 500 km (300 miles) to avoid flying over NATO members Poland or the Baltic states, data from a flight tracker showed. According to the FlightRadar24 website, a Russian government jet flying from Moscow to Hamburg on Thursday […]
Read moreWorld leaders meeting for a summit in Germany have agreed every aspect of a joint statement apart from the section on climate where the United States is pushing for a reference to fossil fuels, European Union officials said on Saturday. The officials said aides had worked until 2 a.m. to finalise a communique for the […]
Read moreU.S. President Donald Trump on Saturday met with British Prime Minister Theresa May and said he hoped the United States can quickly seal a bilateral trade deal with the United Kingdom. “We’re working on a trade deal which will be a very, very big deal, a very powerful deal, great for both countries,” Trump told […]
Read moreIf you thought paper money was near extinction, Brink’s, the largest cash management company in the world, proves you wrong, Jim Cramer said. But Brink’s, which does everything from transporting valuable items in armored vehicles to managing ATMs, could be helped by one unexpected but growing trend: marijuana legalization. “Brink’s isn’t really involved in the […]
Read moreCompanies like Burger King might seem antithetical to data centers, but for Equinix CEO Steve Smith, the fast-food chain represents just one of the many clients his data centers serve. “Burger King, as you know, has stores and outlets all over the world. So they have customers, their people and their business deployed all over […]
Read moreInvestors tend to dislike stocks that are going down, and Jim Cramer found that the phrase “buy the dips” seems to have lost its spark among stock-pickers. “Really, it’s a shorthand for the process of buying stocks when enthusiasm for them cools, the flipside of selling stocks into a wave of euphoria,” the “Mad Money” […]
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For Jim Cramer, Friday’s unexpectedly strong jobs report numbers validated the strength of the high-flying stock market. “Employment growth means money to buy a car or to buy a house, hence why the housing stocks roared today [to] new highs. Do I really need to explain how hiring helps the banks and techs and the […]
Read moreAfter a series of twists and turns on Friday, Uber’s legal struggle with Alphabet‘s Waymo just got much simpler — in a way. Indeed, in a new legal filing, Uber argues the fight basically comes down to one star engineer and his $120 million bonus from Alphabet — which he allegedly really, really wanted. The […]
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