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Month: November 2018

Markets Sweat on Lopez Obrador’s ‘True Colors’ on Eve of New Mexican Presidency

11/30/2018 Ranbiz

During Andres Manuel Lopez Obrador’s successful campaign for the Mexican presidency, his advisers met representatives of dozens of investment funds to allay fears about the leftist’s plans, saying he prized…

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Indian Politicians Spar Over Dodgy Economic Data as Election Nears

11/30/2018 Ranbiz

It may be the world’s sixth largest, but most other things about India’s economy are up for debate. The ruling Bharatiya Janata Party (BJP) is under fire for the release…

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New North American Trade Pact Signed

11/30/2018 Ranbiz

The leaders of the United States, Mexico and Canada have signed a new North American trade deal, underpinning $1.2 trillion in annual commerce among the three countries.    President Trump…

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G-20 Prepares for Fiery Summit Amid Trade War, Security Tensions

11/30/2018 Ranbiz

World leaders are preparing for a potentially fiery G20 summit starting Friday in Buenos Aires. As Henry Ridgwell reports, the two-day meeting is being held against the backdrop of a…

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Rosenstein Calls for Tech Firms to Work With Law Enforcement

11/30/2018 RanIT

U.S. Deputy Attorney General Rod Rosenstein called on social media companies and technology firms Thursday to work with law enforcement to protect the public from cybercriminals.     Speaking at a…

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Deutsche Bank Offices Raided in Money Laundering Probe

11/29/2018 Ranbiz

Police raided six Deutsche Bank offices in and around Frankfurt on Thursday over money laundering allegations linked to the “Panama Papers”, the public prosecutor’s office in Germany’s financial capital said.…

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Trump Studying New Auto Tariffs After GM Restructuring

11/29/2018 Ranbiz

U.S. President Donald Trump said Wednesday that new auto tariffs were “being studied now,” asserting they could prevent job cuts such as the U.S. layoffs and plant closures that General…

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Stocks Leap as Fed Chief Hints Interest Rate Increases May Taper Off

11/28/2018 Ranbiz

Federal Reserve Chair Jerome Powell boosted U.S. stock markets on Wednesday when he said interest rates were “just below” estimates of a level that neither brakes nor boosts a healthy…

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Trump: US Tariffs on More Foreign Vehicles Would Have Prevented GM Plant Closures

11/28/2018 Ranbiz

U.S. President Donald Trump touted the use of U.S. tariffs on foreign small trucks Wednesday, saying their placement on other foreign vehicles would have prevented the closure of several General…

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Powell: Fed’s Gradual Rate Hikes Balance Against Risks

11/28/2018 Ranbiz

U.S. Federal Reserve Chair Jerome Powell said on Wednesday that while there was “a great deal to like” about U.S. prospects, the Fed’s gradual interest rate hikes are meant to…

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With An Eye on Past Problems, Facebook Expands Local Feature

11/28/2018 RanIT

Facebook is cautiously expanding a feature that shows people local news and information, including missing-person alerts, road closures, crime reports and school announcements. Called “Today In,” the service shows people…

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Porsche Shows off New Edition of Mainstay 911 Sports Car

11/28/2018 RanIT

Porsche says its future is in electric cars but for now it is rolling out a more powerful version of its internal combustion mainstay, the sleek 911 sports car. Stuttgart-based…

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US Charges 2 Iranians in First Online Ransom Case

11/28/2018 RanIT

In the first case of its kind, the U.S. Justice Department announced charges Wednesday against two Iranian hackers for allegedly launching so-called ransomware on the computer networks of U.S. municipalities,…

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Ikea Moving Into City Centers to Adapt to Consumer Changes

11/28/2018 Ranbiz

An airport worker drops by Warsaw’s newest Ikea store during her lunch break to finish up plans for a home refurbishment. Around her, people drift in and out of the…

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Seoul’s Telecom Outage Highlights Need for Redundancy in Connected World

11/28/2018 RanIT

Residents in Seoul discovered how fragile their telecommunications system was this past weekend when a fire disrupted service for millions. The government and the provider vowed to implement changes to…

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Ocean Shock: Building a Silicon Valley of the Sea

11/28/2018 Ranbiz

This is part of “Ocean Shock,” a Reuters series exploring climate change’s impact on sea creatures and the people who depend on them. Norway has built the world’s biggest salmon-farming…

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Ahead of G20, Trump Open to Deal with China

11/28/2018 Ranbiz

President Donald Trump and China’s leader Xi Jinping will meet to discuss trade issues on the sidelines of the G20 Summit in Buenos Aires this week. The head of the…

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In San Francisco, This Robot Barista Knows the Way You Like Your Latte

11/28/2018 RanIT

There are plenty of places to get a cup of coffee in San Francisco. But a new kind of café offers espressos and cappuccinos made by a robot. Michelle Quinn…

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Report: Trump Says ‘Not Even a Little Bit Happy’ with Fed’s Powell

11/28/2018 Ranbiz

U.S. President Donald Trump on Tuesday kept up his criticism of Federal Reserve Chairman Jerome Powell, saying rising interest rates and other Fed policies were damaging the U.S. economy, the…

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Global Trade at Stake as Trump and Xi Come Face to Face

11/28/2018 Ranbiz

To hear President Donald Trump tell it, he was made for a moment like this: A high-stakes face-off. A ticking clock. A cagey adversary.   The man who calls himself…

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Trump Threatens to Cut GM Subsidies in Retaliation for US Job Cuts

11/27/2018 Ranbiz

U.S. President Donald Trump threatened on Tuesday to cut subsidies for General Motors after the largest U.S. automaker said it would halt production at five plants in North America and…

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Google Blocks Gender-Based Pronouns From New AI Tool

11/27/2018 RanIT

Alphabet Inc’s Google in May introduced a slick feature for Gmail that automatically completes sentences for users as they type. Tap out “I love” and Gmail might propose “you” or…

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Uber Fined $1.2 Million For 2016 Data Breach

11/27/2018 Ranbiz

British and Dutch regulators have fined ride-hailing company Uber $1.2 million for what it said were inadequate security measures that left personal data at risk for a cyber attack. The…

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Lawmakers Criticize Facebook’s Zuckerberg for UK Parliament No-Show

11/27/2018 RanIT

Facebook came under fire on Tuesday from lawmakers from several countries who accused the firm of undermining democratic institutions and lambasted chief executive Mark Zuckerberg for not answering questions on…

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App Shows US, Canadian Commuters the Cleanest, Greenest Route Home

11/27/2018 RanIT

A mobile application launched in dozens of U.S. and Canadian cities on Monday measures the planet-warming greenhouse gas emissions of inner-city travel, its creators said, letting concerned commuters map their…

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Experts: African Fishing Communities Face ‘Extinction’ as Blue Economy Grows

11/27/2018 Ranbiz

Fishing communities along Africa’s coastline are at a greater risk of extinction as countries eye oceans for tourism, industrial fishing and exploration revenue to jumpstart their “blue economies,” U.N. experts…

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