Economy

Trump pulls out of joint G7 statement, calls Trudeau "weak"

Trump pulls out of joint G7 statement, calls Trudeau German Chancellor Angela Merkel said in a television interview on Sunday that the summit is a "sobering" and "depressing" experience with an outcome that "wasn't a great thing". U.S. President Donald Trump issued a volley of tweets on Monday venting anger on some of Washington's closest North Atlantic Treaty Organisation allies over the United State's trade deficit, following a divisive G7 m... [Full Article...]

‘Profound talks’: North Korean media hail Kim-Trump summit

President Donald Trump in Singapore . Technically, the United States and North Korea remain in a state of war. "I can only say this", Pompeo said . While advisers say Trump has been reviewing briefing materials, the president insists his gut instincts will matter most when he gets in the room with Kim. [Full Article...]

White House Economic Adviser: Canada's Trudeau 'Stabbed Us In The Back'

White House Economic Adviser: Canada's Trudeau 'Stabbed Us In The Back' The barbs continue to fly from the Trump administration - as it presses the case that Canadian trade policy is hurting the United States. Clearly, Mr. 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...]

Facebook Had Special Deals That Gave Companies Access To Data Past 2015

Facebook Had Special Deals That Gave Companies Access To Data Past 2015 As per the people who know in great detail about the matter, the information that some companies have been granted access to data was hidden from developers who are associated with Facebook. However, it is unclear how many companies agreed to the whitelists and for exactly how long. Facebook, in particular, allowed them to receive information about users' phones, as well as statistics, from wh... [Full Article...]

Stocks set for tense session after G7 and ahead Trump-Kim Summit

Stocks set for tense session after G7 and ahead Trump-Kim Summit Kim's very meeting with Trump is a major victory for him, something he is using both at home and overseas. A picture of Trump smiling at the cake, decorated with fresh fruit, was shared on Twitter by Singapore Foreign Minister Vivian Balakrishnan with the message: "Celebrating birthday, a bit early", as Trump turns 72 on Thursday. [Full Article...]

Based Poundworld crashes into administration more than 5,000 jobs at risk

It is understood that TPG and Poundworld's management rejected offers to buy the business out of a pre-pack administration, and were hoping to sell it as a solvent business. "Unfortunately, this has not been possible". The chain has a store at the Richmond Centre in Derry. House of Fraser is seeking landlord approval for the restructuring plan, which is a form of insolvency known as a Compan... [Full Article...]

Pope tells top oil executives world must convert to clean fuel

Pope tells top oil executives world must convert to clean fuel The meeting was organized by the Dicastery for Promoting Integral Human Development, a department of the Vatican, and sponsored by the Mendoza College of Business at the University of Notre Dame. Reuters carries the text of the statement in full, including the section on climate change, which says: "Canada, France, Germany, Italy, Japan, the United Kingdom, and the European Union reaffirm their... [Full Article...]

Kia recalls Fortes & Forte Koups, Optimas, Optima Hybrids and Sedonas

Kia recalls Fortes & Forte Koups, Optimas, Optima Hybrids and Sedonas Government documents say a short circuit can develop in an air bag control computer made by parts supplier ZF-TRW, and the air bags can fail to deploy. The safety agency also said that electrical overstress appeared to be the root cause in a 2016 recall by Fiat Chrysler Automobiles NV of 1.4 million USA vehicles for air bag non-deployments in significant frontal crashes. [Full Article...]

North Korea's Kim lands in Singapore ahead of summit with Trump

Speaking ahead of Tuesday's US-North Korea summit in Singapore , Mr Pompeo said preliminary talks between senior officials were continuing and moving quite rapidly. Kim Jong-un needs to tell his people why he's willing to negotiate. Trump acknowledged the difficulty of gleaning much information concerning Kim, who has scant experience on the global stage and about whom foreign intelligence agen... [Full Article...]

Bitcoin value dips in wake of South Korean exchange hack

Bitcoin value dips in wake of South Korean exchange hack Coinrail have since confirmed that they have been victim of an attack, which has seen around a 30% loss of coins traded on the exchange, this comes in at an estimated value just shy of $40 Million. The venue added that 70 percent of the cryptocurrencies it holds are being kept safely in a cold wallet, which isn't connected to the Internet and is less vulnerable to theft. [Full Article...]

Kim summit: Twitter releases dedicated emoji to mark historic meet

Kim summit: Twitter releases dedicated emoji to mark historic meet But he says if diplomacy fails to move in the right direction, the sanctions "will increase". Word does get around, however, and the prospect of a meeting between Kim and Trump had already been on the public's radar. Kim is due to meet Singapore Prime Minister Lee Hsien Loong later on Sunday, Singapore's ministry of foreign affairs said in a statement. The summit - the first between ... [Full Article...]

White House adviser says Canada's Trudeau 'stabbed us in the back'

White House adviser says Canada's Trudeau 'stabbed us in the back' White House chief economic adviser Larry Kudlow , a former television personality who was described by one commentator as an " insufferable Wall Street hack ", echoed Navarro's vitriolic rhetoric in an interview with CNN's Jake Tapper on Sunday, calling Trudeau "amateurish" and "sophomoric". [Full Article...]

In eye of storm, scant news of Trump summit in North Korea

In eye of storm, scant news of Trump summit in North Korea Dressed in identical in black suits, with lapel badges of former North Korean leaders, the two, flanked by Singapore police, were busy getting into the best position for Kim's arrival, setting up cameras in the middle of the cordoned-off road. [Full Article...]

$315M Powerball Jackpot winner comes forward

$315M Powerball Jackpot winner comes forward When he stopped at a red light, he went into a 7 Eleven store to check the tickets. "When I went inside, I scanned the first ticket and it wasn't the victor". "When he told me we won, I had to see for myself", said Joe. "It's not so easy to quit just like that". Lottery officials said Souami, a New Jersey resident, holds the lone winning ticket for the May 19 drawing. [Full Article...]

In the United States created the world’s most powerful supercomputer, Summit

In the United States created the world’s most powerful supercomputer, Summit It is millions times faster than a really good high-end desktop, said Ginni Rometty, IBM chair, president, and chief executive officer. It drives the world's best computer scientists and companies to keep developing new technologies in an effort to built ever-faster computers, and in doing so keeping pushing the envelope of what is possible. [Full Article...]

U.S. is a 'piggybank everyone is robbing', says Trump at G7

U.S. is a 'piggybank everyone is robbing', says Trump at G7 But in a tweet after flying out of Canada , the USA president showed he was in no mood to back down in any trade dispute. A later statement, released by a member of Mr Trudeau's communications team on Twitter , said there was nothing new in the Prime Minister's press conference. [Full Article...]

Tyson Frozen Chicken Recalled Due To Possible Plastic Contamination

Tyson Frozen Chicken Recalled Due To Possible Plastic Contamination According to FSIS, the problem was discovered on 8 June 2018 when Tyson Foods Inc. notified FSIS that their breading supplier was recalling the breading ingredients due to possible foreign material contamination. Members of the media may contact Worth Sparkman, senior manager for external communications for Tyson Foods Inc., at (479) 290-6358. "Tyson Foods has inspected all lines at the produc... [Full Article...]

Quebec ticket takes Lotto Max's $60 million jackpot

Quebec ticket takes Lotto Max's $60 million jackpot The odds of winning the draw are one in 28,633,528. Another lucky lotto victor in the Thunder Bay area is $500,000 richer following last week's Maxmillions draw. Since its launch in September 2009, Ontario Lotto Max players have won more than $4.2 billion, including 57 jackpot wins and 447 MAXMILLIONS prizes, right across the province. [Full Article...]

7500 jobs lost in May

According to Thomson Reuters Eikon, economists had expected the number of jobs in the country will increase by 17 500. "It reinforces the idea that the labour market is really pushing full employment and tightening up enough to drive wage growth", he said. [Full Article...]

Trump withdraws endorsement of G7 joint statement

Trump withdraws endorsement of G7 joint statement G7 leaders issued a joint pledge Saturday to combat protectionism and cut trade barriers as they wrapped up a fractious summit in Canada soured by a row over the U.S. "I have made it clear to the president that [imposing retaliatory tariffs] is not something we relish doing, but it's something that we absolutely will do", Trudeau said, according to the Montreal Gazette . [Full Article...]


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