Finance

G7 Summit far from harmonious

G7 Summit far from harmonious Nearly as an afterthought, Trump - now in Singapore for a summit with North Korean leader Kum Jong Un - tweeted: "Great to be in Singapore, excitement in the air!" Some say this is all about Trump looking tough for his Korean summit with Kim Jong Un , although I'm not sure roughing up your allies builds trust with your enemies. [Full Article...]

Jobs at risk at Poundworld and Bargain Buys as administrators are appointed

Losses reportedly jumped to £17.1million in 2016 to 2017, from £5.4m the year before. Many of these have been struck this year as retailers have struggled with surging costs, rising business rates, competition from online rivals and a slowdown in consumer spending. [Full Article...]

Facebook's shared user data with select companies

Facebook's shared user data with select companies Through the whitelists, partnering companies received information such as phone numbers of the users' friends and a metric called "friend link", which measured the closeness between the user and the friend, according to the Journal . It "isn't clear when all of the deals ultimately expired or how many companies got extensions", the daily said. Earlier this week, an extensive report in The Ne... [Full Article...]

Final preparations under way for Trump-Kim summit

Final preparations under way for Trump-Kim summit Trump has had recent discussions with South Korean Moon Jae-in, Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping - who all have vested interests in the outcome - about matters he plans to raise. Forging a peace treaty involving South Korea may be another topic of the Trump-Kim meeting. Trump has also raised the possibility of further summits. [Full Article...]

Pope Francis to oil execs: Energy needs mustn't destroy civilization

Pope Francis to oil execs: Energy needs mustn't destroy civilization He also pointed out that as many as 1 billion people lack electricity and that the world needed energy solutions that combated pollution , eliminated poverty and promoted social justice. "The need to expand spaces for human activities can not be met in ways that would seriously endanger our own existence or that of other living species on earth", he said. [Full Article...]

Kia Recalls Over Half A Million Vehicles Over Non-Deploying Airbags

Kia Recalls Over Half A Million Vehicles Over Non-Deploying Airbags Included are the 2010 through 2013 Forte, 2011 through 2013 Optima, and Sedona and Optima Hybrid minivans made in 2011 and 2012. It was added that a few injuries caused by the issues have been reported. The carmaker said that the airbag control unit may short circuit as they are susceptible to electrical overstress. ZF also supplies air bag computers to other manufacturers which it did not ide... [Full Article...]

America Retakes The Title for World's Fastest Supercomputer

America Retakes The Title for World's Fastest Supercomputer However, the U.S. has now taken back it lead with its new machine called Summit , which is built for the Oak Ridge National Laboratory in Tennessee. "Its software will write software, incredible software that no human can write", Jenson said. " Summit will provide unprecedented computing power for research in energy, advanced materials and artificial intelligence (AI), among other domains,... [Full Article...]

Pompeo Says U.S. Objective For North Korea Summit Hasn't Changed

Trump and Kim arrived in Singapore hours apart Sunday. Kim only started meeting with foreign leaders in recent months, slowly shedding a reputation as the reclusive ruler of the so-called Hermit Kingdom after summits with the Chinese and South Korean presidents. [Full Article...]

Cryptocurrencies tumble after South Korea hack

Cryptocurrencies tumble after South Korea hack About $1.1 billion worth of cryptocurrency has been stolen by hackers in the first half of this year, according to a recent report from cybersecurity company Carbon Black. South Korea is one of the biggest markets for trading in digital currencies but the boom in their popularity has forced the government to tighten regulations, following similar moves in other countries. [Full Article...]

$150,000 Powerball prize won in Minot

$150,000 Powerball prize won in Minot He said he will talk to a financial advisor about what to do with the money, but added that one of the first things he will do is take care of his family, especially when it comes to the education of his two children. "I think your machine isn't working". Although Souami is an accountant, he didn't want to see the number just yet, he said. Souami, originally from Africa, moved to the United St... [Full Article...]

Trump, Kim arrive in Singapore ahead of high-stakes summit

Trump, Kim arrive in Singapore ahead of high-stakes summit Earlier on Sunday evening, Trump arrived at Singapore's Paya Lebar Air Base and is now staying at the Shangri-La Hotel. The aircraft carrying Kim and the North Korean delegation to the summit took a mostly inland route while flying over China, according to a flight tracking website. [Full Article...]

Donald Trump Withdraws Endorsement Of G7 Joint Statement

Donald Trump Withdraws Endorsement Of G7 Joint Statement Trump attacked Canadian Prime Minister Justin Trudeau in a set of tweets sent after departing the summit ahead of schedule. President Trump said retaliation tariffs from his allies were a "mistake" and warned that if it got as far as a trade war, then the U.S. [Full Article...]

KFC to begin testing Vegetarian options in the UK

KFC to begin testing Vegetarian options in the UK United Kingdom health officials have launched a campaign that encourages people to aim for 400 calories for breakfast, 600 for lunch and 600 for dinner, plus balanced choices in between. KFC knows it must get this right, or feathers will fly. Colonel, we salute you. Burger King also offers alternative options such as a Morningstar veggie burger, vegan apple pie, and vegan French toast sticks. [Full Article...]

IHOP changing name to IHOB

IHOP changing name to IHOB IHOP's name is changing after 60 years of trading as the International House of Pancakes, and the company is encouraging customers to get in on the fun of guessing what the new title, IHOb, stands for. On Wednesday morning, IHOP announced on its Facebook page that on June 18, it will change its name by flipping the P (for "pancakes") to a B. So for many Arabs, IHOP has always been known as IHO... [Full Article...]

Trump Withdraws Endorsement Of G-7 Communique Over Trudeau Statements

Trump called Trudeau "very dishonest and weak" on Twitter on Saturday and then sent Kudlow and trade adviser Peter Navarro to hammer the message home on Sunday morning news shows in an extraordinary assault on a close USA ally and neighbor. [Full Article...]

Canada posts job losses in May, but wages increased

Canada posts job losses in May, but wages increased Canada shed 7,500 jobs last month on the back on full-time employment, as this was only partially offset by an uptick in part-time employment. B-C created thousands of jobs in the accommodation and food services sectors in May, bolstering national employment numbers and helping the country stick to the 5.8 per cent unemployment rate it has posted since February. [Full Article...]

Trump issues warning to trade partners over retaliatory tariffs

Trump issues warning to trade partners over retaliatory tariffs During a news conference with Israeli Prime Minister Benjamin Netanyahu, Mr Macron was asked about a CNN report on Monday, saying that a phone call between him and Mr Trump last week had been " terrible ". Media captionWho left their mark on President Trump at the G7 summit? NPR's Ayesha Rascoe is in Quebec for the summit, and she's with us now. [Full Article...]

BT CEO to step down

BT CEO to step down The company has been reeling from an accounting scandal in Italy past year and has spent billions on buying football rights to attract customers to its pay-TV channels. During his tenure at BT, Patterson steered the organisation through a gruelling Ofcom Market Review that ultimately resulted in the legal separation of BT from its network infrastructure business Openreach . [Full Article...]

A one time shot, Trump says of summit with N Korea

A one time shot, Trump says of summit with N Korea As he has in recent days, however, the president again acknowledged that the summit is unlikely to achieve a major breakthrough, stating that at minimum he would like to "start a dialogue" with Kim. South Korea and China, rattled by the ratcheting tensions, signed on to tougher and more restrictive US -led sanctions. Trump insisted last week that the summit would "not be just a photo op", sayi... [Full Article...]

Jamie Dimon, Warren Buffett urge CEOs to end quarterly earnings forecasts

Jamie Dimon, Warren Buffett urge CEOs to end quarterly earnings forecasts His response comes the same week that Howard Schultz, former CEO of Starbucks, announced that he will step down at the end of the month, causing speculation that he intends to follow President Donald Trump's example and run for high office. [Full Article...]


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