Finance

Finance Kim summit pleases China, while Japan puts on brave face
Author: 0 Kim summit pleases China, while Japan puts on brave face

President Donald Trump . When asked if there was a discussion of pulling the roughly 28,000 U.S. troops out of South Korea, Trump said the topic never came up. Asked whether he would invite Kim to the White House , Trump said: "Absolutely, I will". Ms Leong added both found it hard to hide their nervousness once they were seated, with Trump displaying a slanted smile, and fidgeting with his hands and Kim leaning and staring at the ground.

Finance USA offers 'unique' guarantees to North Korea on eve of summit
Author: 0 USA offers 'unique' guarantees to North Korea on eve of summit

Officials remain uncertain what will come out of Tuesday's unprecedented summit, the first of its kind between a sitting US president and the leader of North Korea . From there, the two will engage in more talks with advisers joining them through a working lunch. Pompeo said the meeting could provide "an unprecedented opportunity to change the trajectory of our relationship and bring peace and prosperity" to North Korea.

Finance Kim Jong Un goes for surprise nighttime walk ahead of summit
Author: 0 Kim Jong Un goes for surprise nighttime walk ahead of summit

Secretary of State Mike Pompeo said the delegations were "rapidly" making progress, but it will come down to the meeting between the two leaders. Authorities have beefed up security around the hotels where Trump and Kim (Saint Regis) will be staying in central Singapore .

Finance Kim Trump summit: Leaders meet in Singapore
Author: 0 Kim Trump summit: Leaders meet in Singapore

The article also talks about how President of South Korea Moon Jae-in "is heavily invested in" and President of China President Xi Jinping "stands to benefit" from a successful summit. He added he would know within minutes whether Kim was serious about negotiating away his nuclear weapons and has threatened to politely walk out if Kim doesn't meet his expectations.

Finance Canadian PM open to compromise on disputed NAFTA sunset clause
Author: 0 Canadian PM open to compromise on disputed NAFTA sunset clause

At the close of the summit, host Trudeau said the new tariffs on Canada under national security pretexts were " insulting " and that "Canadians are polite and reasonable but we will not be pushed around". "I congratulate leaders of other countries for so crazily being able to make these trade deals so good for their countries", Trump said, while insisting that his relationships with Europe and Canada were "outstanding".

Finance S.Korean exchange Coinrail says hit by hackers, bitcoin slides
Author: 0 S.Korean exchange Coinrail says hit by hackers, bitcoin slides

While the bitcoin price did experience a small decline in the immediate aftermath of the report that an exchange had been hacked, Greenspan noted that the bulk of the decline came more than 15 hours later and that the scale of the pullback was entirely disproportionate to both the size of the hack and Coinrail's significance in the cryptocurrency ecosystem.

Author: 0 Rodman arrives in Singapore ahead of summit

Even after the White House confirmed the summit, the run-up to it was not without roadblocks . He said Iran views Mr Trump and the U.S. with "great pessimism", saying they are known for "quitting treaties and violating their commitments".

Finance After 'difficult' G7 summit, UK's May warns against unilateral action on trade
Author: 0 After 'difficult' G7 summit, UK's May warns against unilateral action on trade

U.S. trade advisor Peter Navarro, speaking on Fox News Sunday , reinforced that message. "Do Timber & Lumber in USA?" Trudeau had said Canadians "are polite, we're reasonable, but also we will not be pushed around". "I think within the first minute I'll know". The U.S. appears increasingly isolated among its key allies in its insistence on imposing new tariffs on imports of steel and aluminum.

Finance Trump torpedoes G7 united front as summit ends
Author: 0 Trump torpedoes G7 united front as summit ends

Prime Minister Justin Trudeau did not wait for the US president to kick off the meeting in La Malbaie , Quebec . Both President Macron and Canadian Prime Minister Justin Trudeau have stressed the need for respectful dialogue but say they will push back against new US tariffs on steel and aluminum imports, as they have on other issues.

Finance Google Promises Its A.I. Will Not Be Used for Weapons
Author: 0 Google Promises Its A.I. Will Not Be Used for Weapons

The principles follow a conflict inside Google , pitting thousands of employees against management. The goal of this project was to process and catalog drone imagery, and Google's rank-and-file workers were none too pleased. Google will pursue other government contracts including around cybersecurity, military recruitment and search and rescue, Chief Executive Sundar Pichai said in a blog post Thursday.

Finance Flight from Pyongyang lands in Singapore ahead of North Korean leader’s arrival
Author: 0 Flight from Pyongyang lands in Singapore ahead of North Korean leader’s arrival

Trump and Kim are scheduled to hold talks starting Tuesday, and possibly extending longer, on Singapore's resort island of Sentosa. "I feel that Kim Jong Un wants to do something great for his people and he has that opportunity and he won't have that opportunity again", Trump said at a press briefing before leaving the G-7 meeting in Quebec.

Finance ZTE fined $1 billion
Author: 0 ZTE fined $1 billion

The agreement includes a $1 billion penalty for ZTE and another $400 million in trust to cover future possible violations. The fine announced Thursday comes on top of $892 million ZTE already has paid for breaking US sanctions by selling equipment to North Korea and Iran.

Finance Heinz Salad Cream to be renamed after 104-years of production
Author: 0 Heinz Salad Cream to be renamed after 104-years of production

Kraft Heinz is reportedly working with London design brand Jones Knowles Ritchie for the redesign. Maybe Heinz should say millennials think it's cream you put on your face while eating salad, like some sort of protective covering? "A spokesman for Heinz instructed commerce journal The Grocer the identify now not 'pretty represents the product's substances or utilization events".

Finance Qatar Airways CEO: Only a man can do my job
Author: 0 Qatar Airways CEO: Only a man can do my job

The company says about 44 percent of its workforce consists of women and claims to be the first airline to employ female pilots and engineers. Qatar was recently rated the best global airline by compensation service AirHelp, while the Gulf state's Hamad International Airport - on which Mr al Baker was a lead developer - also scored best among top world destinations.

Finance Tesla auto using ‘Autopilot’ accelerated before fatal crash
Author: 0 Tesla auto using ‘Autopilot’ accelerated before fatal crash

The NTSB confirmed that in its preliminary report today. The report also said the vehicle had sped up from 62 miles (99 km) per hour to almost 71 miles (114 km) per hour in the three seconds before the March 23 crash - and above the 65 mph (105 km per hour) speed limit.

Finance Microsoft sinks eco-friendly data center off coast of Scotland
Author: 0 Microsoft sinks eco-friendly data center off coast of Scotland

The company has already experimented with one such data centre back in 2016 with a 30-foot Natick pod situated near the coast of California to test the feasibility of the project. "Underwater data centers could also serve as anchor tenants for marine renewable energy such as offshore wind farms or banks of tidal turbines, allowing the two industries to evolve in lockstep".

Finance Chinese phone maker ZTE saved from brink after deal with U.S.
Author: 0 Chinese phone maker ZTE saved from brink after deal with U.S.

He later tweeted that the ZTE talks were "part of a larger trade deal" being negotiated with China . President Donald Trump has drawn fire from Congress for intervening in the case to rescue a Chinese company that had violated USA sanctions against two rogue nations that have been pursuing nuclear weapons programs.

Finance Millions of email addresses leaked from genealogy site MyHeritage
Author: 0 Millions of email addresses leaked from genealogy site MyHeritage

The breach is the largest since last year's Equifax leak of 147.9 million pieces of private data ranging from Social Security numbers, birth dates, addresses and some driver's license numbers. Israel-headquartered MyHeritage enables users to create family trees by searching through historical documents such as census, immigration, marriage and burial records in 42 languages.

Author: 0 U.S. Trade Is Trump's Main Focus at G-7 Gathering

The pair were scheduled to hold formal talks and a private dinner on Wednesday, followed by a joint news conference early Thursday. Last week, the Trump administration unveiled punishing tariffs on imports of steel and aluminum from the EU, Canada and Japan, among others.

Finance Tesla reveals plans to build cars in Shanghai
Author: 0 Tesla reveals plans to build cars in Shanghai

Musk answered a question about producing a compact auto smaller than the Model 3 by saying that it's likely that Tesla would offer such a vehicle "in the next five years". Musk reiterated previous predictions that that will happen during the second half of this year. Last month, Musk set a timeline for the Model Y launch at "anytime from late this year to mid next year".

Finance Microsoft Is Said to Have Agreed to Acquire Coding Site GitHub
Author: 0 Microsoft Is Said to Have Agreed to Acquire Coding Site GitHub

Microsoft is no stranger to ingesting huge companies. It's worth noting how will the developer community react to this acquisition . GitHub is one of the most popular platforms in the software development world today. Github, which was valued at $2 billion back in 2015, generates $200 million in subscription revenue including $110 million from enterprise customers, but is not now profitable, having lost $66 million over three quarters in 2016.

Finance Two Massive Winning Lotto Tickets Sold in Brampton
Author: 0 Two Massive Winning Lotto Tickets Sold in Brampton

The win comes one day after a Lotto 6/49 ticket somewhere in the province won the $9.6 million jackpot on Wednesday. A winning ticket of $500,000 was sold in Richmond and Pitt Meadows. The winning numbers were 2, 11, 17, 18, 22, 25, 39 with bonus number 3. The victor will have their choice of $1,000 a day for life, or $7 million.

Finance US tariffs 'unjustified', Britain's May tells Trump on call
Author: 0 US tariffs 'unjustified', Britain's May tells Trump on call

Bernie Sanders issued a statement accusing the president of recklessly starting a trade war with American allies while causing economic pain to US farmers, manufacturers, and consumers. In response to the US move, Canada and the European Union have threatened to retaliate with tariffs of their own, prompting France's finance minister to say the "tense and tough" Whistler meetings were much more of a "G6 plus one" than a G7.

Finance Deutsche Bank's US Subsidiary Reportedly Put On Federal Problem Bank List
Author: 0 Deutsche Bank's US Subsidiary Reportedly Put On Federal Problem Bank List

The new chief executive of Deutsche Bank is already "sick and tired" of the bad news emanating from Germany's beleaguered banking giant, following a fresh stream of negative headlines overnight. Christian Sewing reiterated a commitment to Deutsche's turnaround in his message to staff, saying the bank will prove that it has "earned a better valuation" on the financial markets.

Finance Explainer: What is China's A-share MSCI inclusion on June 1?
Author: 0 Explainer: What is China's A-share MSCI inclusion on June 1?

Global index compiler MSCI included 226 China large-cap A shares on its MSCI Emerging Markets Index at the close of trading on Thursday. Several companies have been dropped from the shortlist following trade suspensions or other legal issues, most notably ZTE Corp.

Finance Oil is fall in price on record production data in US
Author: 0 Oil is fall in price on record production data in US

West Texas Intermediate crude rose 2 cents to $67.06 a barrel by 0805 GMT after dropping nearly 2 percent on Thursday. For the week, WTI was on track for a 2.5% fall, adding to last week's near 5% decline and shrugging off a 3.6 million-barrel drop in USA crude stockpiles last week.

Finance Vermont will pay you $10K to move there - but there’s a catch
Author: 0 Vermont will pay you $10K to move there - but there’s a catch

Applicants can start placing requests as early as January 1, though it might take a little longer to "get it up and going", said Mr. Sirotkin, who stressed that legislators were determined to make the application process straightforward. Last year saw the state's first increase in population in four years, and it was by a mere.05 percent, according to the bureau. In March, Gov. Scott and the Vermont Department of Tourism and Marketing announced the Stay-to-Stay initiative, a program created to ...

Finance Italy's Giuseppe Conte to be sworn in as PM
Author: 0 Italy's Giuseppe Conte to be sworn in as PM

M5S leader Luigi Di Maio and League leader Matteo Salvini will join the government as deputy prime ministers. The old order in the euro area's third-biggest economy buckled at the March elections as the centre-left Democratic Party of ex-premier Matteo Renzi suffered its worst-ever result, and Silvio Berlusconi, 81, was eclipsed as leader of the centre-right by the more hard-line League.

Finance Sears to close 72 more stores, including one Kmart in Arvada
Author: 0 Sears to close 72 more stores, including one Kmart in Arvada

The Sears store at Fox Valley Mall in Aurora is among 63 stores that the retailer will close. Some affected workers will be eligible for severance pay and have an opportunity to apply for open positions at nearby stores, the release said. Perich said purchasing the Sears store, which comprises 93,000 square feet on two levels, would enable Washington to consolidate its ownership at the state's second largest mall, which has a gross leasable area of 1 million square feet.

Author: 0 Pentagon project causing "existential crisis" within Google

We've reached out to Google and The Pentagon for more information. Google declined to comment when contacted by Business Insider. Some Google employees, whose skills are in high demand, had organised resistance campaigns or threatened to leave.

Finance Pedro Sanchéz appointed Spanish PM after Mariano Rajoy is ousted in vote
Author: 0 Pedro Sanchéz appointed Spanish PM after Mariano Rajoy is ousted in vote

The Catalan government said members of new regional president Quim Torra's administration will be sworn in Saturday. Bar any change, Rajoy will become the first Spanish premier to lose a no-confidence vote. He won the vote after securing the support of the Basque Nationalist Party and two Catalan pro-independence parties, as well as Podemos. Barring last-minute surprises, a no-confidence vote that would oust Rajoy and make Sanchez prime minister-designate is expected to pass by a narrow ...

Finance Wall Street falls on Italy political crisis
Author: 0 Wall Street falls on Italy political crisis

Wall Street has seen a surge in volatility since the start of February, driven by President Trump's trade attacks on China and concerns over North Korea. ENERGY: Energy companies rose as US crude oil climbed 1.6 percent to $67.81 per barrel in NY. The S&P 500 is up 16.25 points, or 0.6 per cent. "The uncertainty over our position in the euro alarmed Italian and foreign investors", Mattarella said.

Finance What Stores Will Be Participating In National Doughnut Day?
Author: 0 What Stores Will Be Participating In National Doughnut Day?

Believe it or not, Friday is already June 1, which means National Doughnut Day is back with sweet deals. Beginning on National Doughnut Day , Papa John's will offer a caramel creme-filled, cinnamon sugar-coated donut hole dessert at participating locations .

Finance What does GDPR mean for Internet users?
Author: 0 What does GDPR mean for Internet users?

So it was good to use GDPR as an excuse to not just improve our security, but to make changes in policy through a lot of parts of the business. The Instagram and WhatsApp complaints , submitted in Belgium and Germany, are similar to the Facebook one: the social network's general approach to complying with the GDPR is no different for Facebook-owned companies .