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Monthly Archives: July 2018

UK police find source of Novichok nerve agent in small bottle

Police officers are seen standing guard outside a residential address in Amesbury, southern England, on July 5, 2018 where police reported a man and woman were found unconscious in circumstances that sparked a major incident after contact with what was later identified as the nerve agent Novichok. “On Wednesday … …

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China floods wreak havoc, block roads and railways; more rain due

 VCG /Contributor/Getty Images An aerial view of flooded Taihe township on July 12, 2018 in Chongqing, China. The flood in Chongqing has submerged more than 1600 homes and triggered the evacuation of 6600 people on Thursday.  Heavy rain and flooding hits much of China this time every year, often with …

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Thailand’s cave boys to be discharged from hospital next week 

Tyrone Siu A board showing “Welcome home, boys”, is seen after rescue effort has begun for the 12 schoolboys and their soccer coach trapped in Tham Luang cave, in Chiang Rai, Thailand, July 9, 2018. The last group of the 12-member “Wild Boars” soccer team and their coach was brought …

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US ban on China’s ZTE lifted

Johannes Eisele | AFP | Getty Images The ZTE logo is seen on an office building in Shanghai on May 3, 2018. The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE, allowing China’s second-largest telecommunications equipment maker to resume business. The Commerce …

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Facebook, Google and Twitter will testify at House Judiciary hearing

Andrew Harrer | Bloomberg | Getty Images Representative Bob Goodlatte, a Republican from Virginia Representatives from Facebook, Twitter and Google parent company Alphabet will testify at a House Judiciary Committee hearing on social media filtering, the committee announced on Friday. The July 17 meeting will address concerns about transparency and …

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Trump is exaggerating Germany’s reliance on Russia for energy

Germany is Europe’s largest economy, so it would be hugely significant if it was that dependent on Russia for its energy needs. However, the estimate is not accurate. There is no doubt that Germany relies on Russia for much of its natural gas. Russian gas accounted for about half of …

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In ETFs, the bigger the stock, the more money goes into it and that could be costing regular investors

Chris Brightman of Research Affiliates says a simple equal-weighted strategy can do even better when combined with regular rebalancing. Rebalancing is essentially trimming stocks that have outperformed and buying those that have underperformed given a historical tendency for prices to revert to an average. In essence, Brightman added, it’s betting …

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Here’s how much French midfielder Paul Pogba earns

Robbie Jay Barratt – AMA/Getty Images Paul Pogba of France looks on during the 2018 FIFA World Cup Russia group C match between France and Peru at Ekaterinburg Arena on June 21, 2018 in Yekaterinburg, Russia. Pogba has high expectations for himself and his squad, and says he uses the …

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Donald Trump meets Britain’s Queen Elizabeth at Windsor Castle

Kevin Lamarque | Reuters President Donald Trump and the First Lady Melania Trump are met by Britain’s Queen Elizabeth as they arrive for tea at Windsor Castle in Windsor, Britain, July 13, 2018.  U.S. President Donald Trump met Britain’s Queen Elizabeth at Windsor Castle on Friday. While Trump’s trip was …

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Jefferies raises its price target on Facebook due to its ‘best-in-class’ ad offerings

Getty Images Facebook CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on May 1, 2018 in San Jose, California. Facebook’s market leading position in the advertising market is unmatched, according to Jefferies. The firm raised its price target to $240 from $215 for Facebook shares, predicting its second-quarter …

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