Tuesday, 23 April 2019

Tag Archives: US

Facebook just lost $120b in a 1-day

NEW YORK: Facebook has just lost billions of dollars in value, making it one of the biggest one-day corporate losses in US stock market history. The company dropped $120 billion (£91 billion) in shareholder value yesterday (July 26) after it disclosed that its quarterly revenue did not live up to ...

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Iran Plans National Cryptocurrency as New US Sanctions

TEHRAN: Iran may soon issue its own cryptocurrency as a way to bypass new economic sanctions enacted by U.S. President Donald Trump. A plan to develop an “indigenous” cryptocurrency is currently on the agenda of the government’s Science and Technology Department, according to Iran’s official news outlet PressTV. Alireza Daliri, the department’s ...

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Iran supreme leader says ‘obvious mistake’ to negotiate with US

TEHRAN: Iranian Supreme Leader Ayatollah Ali Khamenei said on Saturday it would be an “obvious mistake” to negotiate with the United States as Washington was unreliable. “The word and even the signature of the Americans cannot be relied upon, so negotiations with America are of no avail,” Khamenei said in ...

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Russian agent arrested in Washington

WASHINGTON: A 29-year-old Russian woman living in Washington has been arrested and charged with conspiracy to act as an agent of the Russian government while developing ties with US citizens and infiltrating political groups, the US Justice Department said on Monday. Maria Butina allegedly worked at the direction of a high-level ...

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At summit, Trump refuses to confront Putin on vote row

FINLAND: President Donald Trump refused to confront Vladimir Putin over meddling in the US election at their first face to face summit, publicly challenging the findings of the US intelligence community and triggering bipartisan outrage at home. The US and Russian presidents came out of their meeting in Helsinki Monday ...

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EU urges big powers to avert trade ‘conflict and chaos’

BRUSSELS: The European Union called Monday on the United States, China and Russia to work together to cool worsening global trade tensions, warning that they could spiral into violent “conflict and chaos.” The comments from EU Council President Donald Tusk comes as Washington and Beijing stand on the brink of ...

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US lifts ban on suppliers selling to China’s ZTE

REUTERS: The U.S. Department of Commerce lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China’s second-largest telecommunications equipment maker to resume business. The Commerce Department removed the ban shortly after ZTE deposited US$400 million in a U.S. bank escrow account as part of a settlement reached ...

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Trade war: US lists next $200 bn Chinese goods to face tariffs

WASHINGTON: The United States late Tuesday announced it was starting the process to slap 10 percent tariffs on another $200 billion in Chinese export goods as soon as September, escalating the trade war between the world’s two largest economies. President Donald Trump vowed to hit back on a growing list ...

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France says Europe united against US tariffs

AIX-EN-PROVENCE: The French government insisted on Sunday that Washington should expect united retaliation from Europe to further tariff increases after Germany signaled it was prepared to negotiate. With Germany’s powerful car industry facing the threat of higher U.S. duties, Chancellor Angela Merkel said last Thursday she would back a lowering ...

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Indian student shot in back at Kansas City restaurant

KANSAS CITY: A 26-year-old student from Telangana was shot dead by a suspected robber at a restaurant here in the US state of Missouri, police said. Sharath Koppu, a student at the University of Missouri-Kansas City (UKMC), was shot at about 7 p.m. on Friday at J’s Fish and Chicken ...

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