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Monthly Archives: April 2018

White House reportedly to increase trade pressure on China

Kevin Lamarque | Reuters President Donald Trump speaks during a meeting with governors and members of Congress at the White House in Washington, April 12, 2018. The Trump administration is planning to ratchet up the trade pressure on China through new tariffs and by threatening to block Chinese technology investment …

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Facebook CEO Mark Zuckerberg asked to testify in front of EU

Chip Somodevilla | Getty Images Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies before a combined Senate Judiciary and Commerce committee hearing in the Hart Senate Office Building on Capitol Hill April 10, 2018 in Washington, DC. The comments come following revelations that 87 million users were affected by the …

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Volkswagen’s new CEO will take the company to ‘the next level,’ analysts say

David McNew | AFP | Getty Images Herbert Deiss, upcoming VW CEO. VW’s share price plunged by around 40 percent in September 2015 when the news broke. However, shares have rebounded 92 percent from that trough, and are now even 8 percent higher than the time immediately before the crisis. …

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Russia’s Prokhorov sells 49% stake in Brooklyn Nets basketball team

Nathaniel S. Butler | NBAE via Getty Images Majority Owner Mikhail Prokhorov of the Brooklyn Nets addresses the media during a press conference prior to a game between the Atlanta Hawks and the Brooklyn Nets on April 8, 2015 at Barclays Center in Brooklyn, NY. Russian billionaire Mikhail Prokhorov has …

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After Zuckerberg’s Congress hearing, Facebook awaits further scrutiny

Al Drago | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc., listens during a joint hearing of the Senate Judiciary and Commerce Committees in Washington, D.C., U.S., on Tuesday, April 10, 2018. Facebook’s Chief Executive Mark Zuckerberg spent two days this week facing scrutiny …

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JRR Tolkien ‘The Fall of Gondolin’ to be published in August

Haywood Magee | Picture Post | Getty Images “Lord of the Rings” author JRR Tolkien in his study at Merton College, Oxford, 2nd December 1955. A previously unreleased book by “Lord of the Rings” author JRR Tolkien is set to be published later this year and is described by experts …

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China’s imports and exports in the first quarter of 2018

China Foto Press | Getty Images Containers are stacked at a port on March 1, 2016 in Lianyungang, Jiangsu Province of China China’s exports denominated in yuan rose 7.4 percent in the first quarter from a year earlier, the General Administration of Customs said on Friday. Yuan-denominated imports rose 11.7 …

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Singapore’s central bank tightens monetary policy

Rustam Azmi | Getty Images A General View of Marina Bay Sand at Sunrise on September 20, 2016 in Singapore. Singapore’s central bank tightened monetary policy for the first time in six years on Friday, saying the city-state’s economy should remain on a steady expansion path in 2018, even as …

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Facebook beat earnings Zuckerberg wants to show Wall Street who’s boss

Getty Images Facebook co-founder, Chairman and CEO Mark Zuckerberg smiles at the conclusion of his testimony before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill April 11, 2018 in Washington, DC. Facebook shares, which closed at $163.87 on Thursday, have dropped more than …

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Trump told his advisors to look at re-entering TPP, Sasse and Roberts say

Saul Loeb | AFP | Getty Images President Donald Trump reads an executive order withdrawing the US from the Trans-Pacific Partnership prior to signing it in the Oval Office of the White House in Washington, DC, January 23, 2017. “That cheating needs to be countered. But the single best way …

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