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Month: October 2018

Trump Carbon Plan Attacked by Coastal States, Lauded by Coal Interests

10/31/2018 Ranbiz

President Donald Trump’s proposal to replace an Obama-era policy to fight climate change with a weaker plan allowing states to write their own rules on emissions from coal-fired power plants…

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Cuba Says Investor Interest Up Despite US Hostility

10/31/2018 Ranbiz

Cuba’s foreign trade and investment minister said on Wednesday the country had signed nearly 200 investment projects worth $5.5 billion since it slashed taxes and made other adjustments to its…

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US Supreme Court Divided Over How Google Settled Privacy Case

10/31/2018 RanIT

U.S. Supreme Court justices, in an internet privacy case involving Google, disagreed on Wednesday over whether to rein in a form of settlement in class action lawsuits that awards money…

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Fitch Shifts Mexico Debt Outlook From Stable to Negative

10/31/2018 Ranbiz

Fitch Ratings changed its outlook on Mexico’s long-term foreign-currency debt issues Wednesday from “stable” to “negative,” citing the potential policies of President-elect Andres Manuel Lopez Obrador. The leftist Lopez Obrador…

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Birthday Blues for Bitcoin as Investors Face Year-on-Year Loss

10/31/2018 RanIT

Bitcoin was heading towards a year-on-year loss on Wednesday, its 10th birthday, the first loss since last year’s bull market, when the original and biggest digital coin muscled its way…

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UK-Canadian ‘Grand Committee’ Seeks to Question Zuckerberg

10/31/2018 RanIT

Parliamentary committees in Britain and Canada on Wednesday urged Facebook CEO Mark Zuckerberg to testify before a joint hearing of international lawmakers examining fake news and the internet. Damian Collins,…

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Facebook Caught in an Election-security Catch-22

10/31/2018 RanIT

When it comes to dealing with hate speech and attempted election manipulation, Facebook just can’t win. If it takes a hands-off attitude, it takes the blame for undermining democracy and…

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S. Korean Voting Machines at Center of DRC Election Dispute

10/31/2018 RanIT

As elections approach in the central African nation the Democratic Republic of Congo, concerns have been raised over the integrity of electronic voting machines being used in the national poll…

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Google Spinoff to Test Truly Driverless Cars in California

10/31/2018 RanIT

The robotic car company created by Google is poised to attempt a major technological leap in California, where its vehicles will hit the roads without a human on hand to…

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Facebook 3Q Revenue Slightly Below Expectations

10/30/2018 Ranbiz

Facebook is reporting a slight revenue miss but stronger than expected profit in its third-quarter earnings report.   Coming three months after the company’s stock suffered its worst one-day drop…

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US Presence at Cuba Trade Fair Dwindles Given Trump Hostility

10/30/2018 Ranbiz

A yellow excavator, forklift and other heavy equipment made by U.S. firm Caterpillar gleam outside Cuba’s annual trade fair, reflecting once-bright hopes for increased U.S.-Cuban commerce fanned by the 2014…

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Tehran Courts Ankara in Effort to Ease US Sanctions

10/30/2018 Ranbiz

Tehran is courting Ankara in a bid to ease the impact of renewed U.S. sanctions against Iran.  On Tuesday, Turkey, a principal importer of Iranian energy, reaffirmed its opposition to…

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General Electric Reveals Deeper Regulatory Probe, Restructuring

10/30/2018 Ranbiz

General Electric slashed its quarterly dividend to a penny a share, promised to restructure its power unit and said it faced a deeper accounting probe as new Chief Executive Larry…

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Companies Rule Out Interest in Alitalia, in Blow to Rescue Plan

10/30/2018 Ranbiz

Major companies on Tuesday ruled out involvement in a new rescue of Alitalia, complicating a plan led by Rome in which state-controlled railway Ferrovie dello Stato (FS) will bid for…

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China Steps Up VPN Blocks Ahead of Major Trade, Internet Shows

10/30/2018 RanIT

Chinese authorities have stepped up efforts to block virtual private networks (VPN), service providers said Tuesday in describing a “cat-and-mouse” game with censors ahead of a major trade expo and…

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Apple’s New iPads Embrace Facial Recognition

10/30/2018 RanIT

Apple’s new iPads will resemble its latest iPhones as the company ditches a home button and fingerprint sensor to make room for the screen.   As with the iPhone XR…

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Zimbabwean Widows Punished by Tribal Courts for Selling Gold-rich Land

10/30/2018 Ranbiz

When massive gold deposits were discovered about a decade ago in Chimanimani, eastern Zimbabwe, the rural district became famous for attracting hundreds of artisanal miners from across the country every…

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US Survey: What Pay Gap? Men Less Aware of Women’s Workplace Struggles

10/30/2018 Ranbiz

Far more men than women think their companies offer equal pay and promote the sexes equally, yet younger generations are wising up, a U.S. entertainment industry survey found on Monday.…

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Scientists: Producing Bitcoin Currency Could Void Climate Change Efforts

10/30/2018 Ranbiz

Demand for bitcoin could single-handedly derail efforts to limit global warming because the increasingly popular digital currency takes huge amounts of energy to produce, scientists said on Monday. Producing bitcoin…

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US Restricts Exports to Chinese Semiconductor Firm Fujian Jinhua

10/30/2018 Ranbiz

Opening a new front in its trade and technology disputes with China, the Trump administration on Monday took action to cut off a Chinese state-backed semiconductor maker from U.S. exports…

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Iran Silent on S. Korea’s Hyundai Quitting Major Construction Project 

10/30/2018 Ranbiz

South Korean conglomerate Hyundai’s cancellation of a major Iran construction project due to problems related to U.S. economic sanctions has been met with silence in Iranian media. In a brief…

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UN Human Rights Expert Urges States to Curb Intolerance Online

10/30/2018 RanIT

Following the shooting deaths of 11 worshippers at a synagogue in the eastern United States, a U.N. human rights expert urged governments on Monday to do more to curb racist…

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How Green Is My Forest? There’s an App to Tell You

10/29/2018 RanIT

A web-based application that monitors the impact of successful forest-rights claims can help rural communities manage resources better and improve their livelihoods, according to analysts. The app was developed by…

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App Taken Down After Pittsburgh Gunman Revealed as User

10/29/2018 RanIT

Gab, a social networking site often accused of being a haven for white supremacists, neo-Nazis and other hate groups, went offline Monday after being refused by several web hosting providers…

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China’s Yuan Sinks to 10-Year Low Against Dollar

10/29/2018 Ranbiz

China’s yuan sank to a 10-year low against the dollar on Monday, coming close to breaking the politically sensitive level of seven to the U.S. currency. The yuan declined to…

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Taxi Service Offering Security, Comfort and Privacy

10/29/2018 Ranbiz

In Arabic, Annisa means an unmarried woman. And in Kenya, Annisa has become the first taxi-hailing service run by women. The new service targets women who don’t feel comfortable or…

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