Monday, 19 August 2019
Latest news
Home » Finance


This Hacker Will Live Stream Attack To Delete Mark Zuckerberg’s Facebook Page


Similarly, the live-stream will commence at 6 am in NY, 11 am in London, 12 pm in Berlin and so on. "Scheduled to go live". He didn't get into details or respond to an online query. In 2011 a hacker broke in and wrote a status which began with the phrase "Let the hacking begin". In a post on the social network's news site, Facebook's vice president of product management Guy Rosen said: "On the afternoon of Tuesday, September 25, our engineering team discovered a security issue affecting ... Read More »

Facebook security breach exposed 50 million accounts to attackers


This allowed them to steal Facebook access tokens which they could then use to take over people's accounts. "It's why we've taken immediate action to secure these accounts and let users know what happened". The company says it has fixed the vulnerability and told law enforcement about the issue. In a separate post, Guy Rosen, Facebook's vice president of product management said the firm is taking the breach 'incredibly seriously'. Read More »

CHINA Google working on a search engine for China (censorship included)


Google has said its work in China to date has been "exploratory". These five companies were - Apple , AT&T , Amazon , Charter Communications and Twitter . Other states are also considering more aggressive protections. Lawmakers and industry are increasingly supportive of a federal data privacy law, but Republican and companies are not interested in the kind of proscriptive policies in the European Union's new data rules. Read More »

Campaigners Post Non-Recyclable Crisp Packets Back To Walkers


Crisp packets and their environmental impact have become something of a national issue in recent months, so much so that campaigners have actually started posting used packets to Walkers because they can't be recycled. If you were thinking about posting crisp packets, Royal Mail has a message for you. Walkers confirmed to i it was aware of the situation. "By posting our packets to them, we can bring the crisis right to Walkers door", it said. Read More »

Elon Musk Wanted to Impress Girlfriend Grimes With $420 Price: SEC

A Tesla spokeswoman said: "Tesla and the board of directors are fully confident in Elon, his integrity, and his leadership of the company, which has resulted in the most successful United States auto company in over a century". 'Despite this, we think the company will survive, ' he said. The decision to hire Clark is said to have played a key role in Musk's decision to reject the settlement offer, which would have required an admission of wrongdoing. Read More »

Luxembourg - Ryanair strike could affect Luxembourg flights


It agreed to recognise unions past year. Ryanair said in a statement that the vast majority of its 2,400 flights on Friday "will be unaffected by these unnecessary strikes and will operate as scheduled". However, the airline has said they will reject compensation claims for strikes because they were caused by "extraordinary circumstances". The head of the Irish airline said it had submitted a complaint to the European competition over the "anti-competitive behavior" and called for an ... Read More »

Fresh Ryanair strikes see 30,000 customers hit by cancellations


The Irish airline says this will affect 30,000 passengers, who have been notified by text and email. Jacobs said that 30,000 people would be grounded on Friday by cabin crew strikes in Spain , Belgium, Holland, Portugal, Italy and Germany , which had forced it to cancel 190 of 2,400 flights. Read More »

Government sues Elon Musk for tweeting about taking Tesla private

He said other possible solutions would be to "constrain his ability to act in certain roles within the company". The move follows weeks of investigation into the tweet . regulator over his tweets about potentially taking the electric auto company private. Musk came up with the price because he thought a 20 per cent premium was standard. Read More »

Rate hike expected as Fed resumes policy meeting


If the central bank's outlook prevails, traders will eventually be forced to adjust their rate-hike expectations and lift long- term rates. The Fed funds futures market is now pricing in a 95.0% chance of a rate hike during today's FOMC meeting, meaning that investors should focus less on today's highly anticipated rate hike and focus more on Fed Powell's statement which will help the market determine whether we will have a fourth yearly rate hike in December and a rate hike next year as ... Read More »

Elon Musk Wanted to Impress Girlfriend With $420 Price, SEC Says


The US Securities and Exchange Commission on Thursday charged Tesla CEO Elon Musk with securities fraud, alleging he misled investors last month in tweets about taking the company private. As evidence, the complaint notes that within minutes of the first tweet, the head of investor relations at Tesla texted Musk asking if the tweet was legitimate. Read More »

Tesla uses new tactics to sell Model 3s


If social media posts and anecdotes from participating owners are any indication, it appears that Tesla's volunteer-boosted Model 3 delivery weekend is looking to be a success. Previously this month, Musk acknowledged that the company was dealing with more logistical problems now than production delays. The email reads: 'I am helping to deliver your Tesla Model 3 in the LA Metro area. Read More »

Israeli troops shoot dead Palestinian during Gaza protests


It says cuts to aid and salaries have added to years of isolation through Israel's blockade, leaving citizens in distress. It also cited budget cuts by the rival Palestinian Authority and a reduction in worldwide aid to the Palestinians, particularly from the United States. Read More »

U.S. stocks end lower as Fed lifts interest rates again


Fed Chairman Jerome Powell has so far been circumspect in reflecting on Trump's trade war . With the latest increase, . the rate gap between South Korea and the USA widens to zero-point-seven-five percentage point, . They say the Fed's position is particularly perilous, given other risks to the economy, including shifting trade policy. "I don't like all this work that we're putting into the economy and then I see rates going up", Trump said in July. Read More »

ABC chairman Justin Milne resigns


But on the positive side, it's just possible that he has opened up a discussion that's sorely needed about the independence of the ABC and the pressures that work to undermine it. "The bottom line is I have never called for anybody to be fired", Mr Turnbull told News Corp Australia. From New York, Turnbull denied that he sought to fire specific journalists, saying that he had only ever anxious about poor reporting standards rather than bias. Read More »

USA stocks end lower as Fed lifts interest rates again

The Federal Open Market Committee (FOMC) increased the interest rates by 25 basis points, thus setting a new range of 2 per cent to 2.25 per cent. The Fed rise and lack of Chinese response means the gap between USA and Chinese interest rates narrowed, which would normally risk a sharp rise in capital outflows as Chinese investors sought better returns overseas. Read More »

Oil markets take a breather as USA supplies rise once again


The ship is one of at least seven tankers carrying Iranian oil that have gone rogue, The Financial Times has reported , in what appears to be a move by Tehran to sidestep upcoming sanctions by hiding the identity of its buyers and "reverting to an old playbook of selling [oil] in secret" as Iran did to evade past trading embargoes. Read More »

Fox will sell its Sky stake to Comcast


Comcast ultimately offered a further £4bn in the auction to ensure it emerged victorious in the battle for Sky, one of the Europe's most profitable media companies. Sky's Chief Executive Jeremy Darroch said: "Nearly 30 years ago Rupert Murdoch took a risk to launch Sky and in the process changed the way we watch television forever". Read More »

Trump says he rejected meeting with Justin Trudeau


Mexican government spokesman Eduardo Sanchez said on Twitter late on Tuesday that Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau , held a bilateral meeting on the sidelines of the U.N. Canadian Prime Minister Justin Trudeau, who spoke at the sidelines of the event hosted by the Council on Foreign Relations in NY, had also sent mixed signals. Read More »

Argentine Central Bank Head Resigns 3 Months Into Job


Among the immediate repercussions of the resignation -which occurred shortly before the opening of the markets- is the fall of the Argentine peso by 4.65% to open at 39.15 per United States dollar after the announcement, according to exchange operators. Read More »

Fed announces interest rate decision


Interest rates are now in a range of 1.75 percent to 2 percent, and Wall Street forecasters near-unanimously predict Fed officials will increase them to a range of 2 percent to 2.25 percent. Finally, Trump's continuous criticism of the Fed's rate hike plan might force the Fed to reconsider their initial rate hike plan. The Fed's actions and its updated economic forecasts on Wednesday had been widely anticipated, and there was little immediate reaction in the stock or bond markets. Read More »

Fed Raises Interest Rates, Signals One More Increase This Year

The Fed doesn't foresee interest rates going much above 3.25 percent to 3.5 percent in the coming years, although central bankers stress they will adjust policy depending upon what happens with the economy. said in response to the survey. In a statement that marked the end of the era of "accommodative" monetary policy, Fed policymakers lifted the benchmark overnight lending rate by a quarter of a percentage point to a range of 2.00 percent to 2.25 percent. Read More »

Canada Not Making 'Essential' Trade Concessions, According to Lighthizer

Speaking to the Concordia Summit in New York Tuesday, Mr. Lighthizer warned that Canada is "running out of time" to join a revamped NAFTA with the US and Mexico. -Mexico-Canada pact, or USMC, said Lighthizer. Congress could, however, choose to accept a two-way deal regardless. At a Toronto event sponsored by Politico Wednesday morning, Canada's ambassador in Washington said he had no talks planned this week for last-minute deal-making, although he could return quickly if required. Read More »

UK PM: Election not in national interest


Her position also effectively rules out alternative Brexit proposals put forward by rebel eurosceptic members of her own party, which are based on a wide-ranging free trade agreement similar to that agreed between the European Union and Canada. Read More »

Google to Allow Ads for 'Regulated' Crypto Exchanges Next Month


Ads for cryptocurrency and related products were originally banned by Google in order to mitigate the potential for consumer harm. Google is following an earlier move by Facebook to reverse its hardline stance on cryptocurrency ads. The search engine giant has updated its policy to allow certain kinds of crypto-related advertising. The original decision by Google to ban everything related to cryptocurrencies was made in June. Read More »

Dunkin' plans to drop 'Donuts'


The sign of a Dunkin' store, the first since a rebranding by the Dunkin' Donuts chain, is pictured ahead of its opening in Pasadena, Calif., on August 2, 2017. "Our new branding is one of many things we are doing as part of our blueprint for growth to modernize the Dunkin' experience for our customers", said Dunkin' Brands ( DNKN ) CEO David Hoffmann in a statement on Tuesday. Read More »

Oil could rise to $100 by year-end, merchants warn


Al Falih offered the persuasive argument, which has been voiced by some of the cooler-headed western analysts, that "There are geopolitical tensions that have contributed to the markets and to price escalation, and we will try to address those". Read More »

British cabinet presses ahead with PM's Brexit blueprint


The Prime Minister gathered her ministers at 10 Downing Street where she told them she remained confident of securing an agreement on Brexit despite a disastrous meeting with European Union leaders in Salzburg last week. At the Cabinet meeting in 10 Downing Street, Mrs May said it had always been clear that negotiations would at some point come to a critical stage. While talking to reporters on a flight to NY ahead of the 73rd United Nations General Assembly on Tuesday the Britain Prime ... Read More »

Trump Touts 'America First' At The United Nations


Mr Trump said going forward "we are only going to give foreign aid to those who respect us and, frankly, are our friends". "We reject the ideology of globalism". While the president's approach to North Korea has softened, his attitude toward Iran has not. On North Korea , a nation he famously blasted in his speech a year ago and threatened to "totally destroy", Trump took a much softer approach. Read More »

Iran oil exports fall before US sanctions: Global banking group

Speaking on Tuesday, Trump said that OPEC members were "as usual ripping off the rest of the world". In fact, it has been rising since early 2017, when the Organisation of the Petroleum Exporting Countries (OPEC), started halting the output to lift crude prices, together with other suppliers including Russian Federation. Read More »

Winklevoss-Backed Gemini Reportedly Eyes European Expansion With UK License


The UK market is huge and will in turn have a very big impact on the trading volume within the Gemini exchange , benefitting the pockets of the Winklevoss twins in the process no doubt. The exchange has well-built security structure and goes according to the different security measures of the New York Department of Financial Services like anti-money laundering laws (AML), Know Your Customer (KYC) and the consumer protections set by Bank Secrecy Laws (BSL). Read More »