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Marty Melville | AFP | Getty Images A high altitude WiFi internet hub Google Project Loon balloon is displayed at the Airforce Museum in Christchurch on June 16, 2013. Google revealed top-secret plans on June 15 to send balloons to the edge of space with the lofty aim of bringing …
Read More »Monthly Archives: July 2018
Apple may have breached antitrust rules with iPhone
Tomohiro Ohsumi | Getty Images A customer, left, looks at an iPhone X being held by an employee at the Apple Omotesando store on November 3, 2017 in Tokyo, Japan. Japanese regulators said on Wednesday Apple may have breached antitrust rules by forcing mobile service providers to sell its iPhones …
Read More »Twitter shares to plunge because expectations are too high: Instinet
Michael Nagle | Bloomberg | Getty Images Jack Dorsey, co-founder and chief executive officer of Twitter Inc., speaks during an interview in New York, U.S., on Monday, May 1, 2017. Twitter’s stunning rally this year is due for a big pullback, according to Nomura Instinet. The firm initiated coverage on …
Read More »SoftBank’s Son says to carry on with deals despite trade jitters
Alessandro Di Ciommo | NurPhoto | Getty Images SoftBank Group Corp. founder, Chairman and CEO Masayoshi Son. SoftBank Group CEO Masayoshi Son said on Tuesday he was optimistic that U.S. President Donald Trump’s escalation of trade disputes and heightened scrutiny of foreign investments would not affect the Japanese firm’s prolific …
Read More »How Trump’s NATO summit and Putin meeting could shape the future of the West
Mikhail Metzel | TASS via Getty Images President-elect Vladimir Putin ahead of being sworn-in as President of Russia at St Andrew’s Hall of the Moscow Kremlin. Since becoming president in January last year, Trump has sought to improve ties with Moscow — even as Washington tightens economic sanctions. “A repeat …
Read More »Germany says it ‘can cope’ with Trump’s comments on Russian influence
Kay Nietfeld | Pool | Getty Images U.S. President Donald Trump talks to German Chancellor Angela Merkel before the first working session of the G20 meeting in Hamburg, Germany, July 7, 2017. Germany can take President Donald Trump’s criticisms in its stride, the country’s Defense Minister Ursula von der Leyen …
Read More »The US embassy in London is advising Americans to ‘keep a low profile’ during Trump’s visit
Tolga Akmen | Anadolu Agency | Getty Images People protest against the inauguration of the 45th President of the United States, Donald Trump outside the London US Embassy in London, United Kingdom on January 20, 2017. Ahead of President Donald Trump’s high-profile visit to the U.K., the American government’s representatives …
Read More »Here’s the list of tariffs on $200 billion in Chinese goods
Nelson Ching | Bloomberg | Getty Images Workers manufacture cotton yarn at a factory in Dali county, Shaanxi province, China. The Trump administration on Tuesday released a list of Chinese goods — with an annual trade value of about $200 billion — that may be subjected to 10 percent tariffs. …
Read More »McConnell says he is not worried about Trump withdrawing U.S. from NATO
Aaron P. Bernstein | Getty Images Senate Majority Leader Mitch McConnell speaks with reporters following the weekly policy luncheons at the U.S. Capitol June 26, 2018 in Washington, DC. The top Republican in the U.S. Senate, Mitch McConnell, on Wednesday said he was not worried that President Donald Trump will …
Read More »Stocks have rallied since China trade war officially began
One of the stock market’s worst fears has been a trade war, yet U.S. large cap stocks have tagged on nearly 3 percent in the five sessions just before and after Friday’s trade actions, where the U.S. and China each slapped tariffs on $34 billion in each other’s goods. “I …
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