Money

by | June 21, 2018 | 08:51

It added that it had transferred assets to a "cold wallet" - a term used to refer to external storage unconnected to the internet - as part of the process. Bithumb has suspended all withdrawals and has asked customers not to deposit any more funds until further notice. "It is held anonymously and in lightly-secured systems, which makes them an irresistible target", Mun said.

by | June 20, 2018 | 22:15

Microsoft released a pair of statements after critics raised concerns about a January blog post in which the company wrote it was "proud" to supply tech services to US Immigration and Customs Enforcement (ICE), including its Azure cloud computing service and the ability to use "deep learning capabilities to accelerate facial recognition and identification".

by | June 20, 2018 | 18:34

According to the New York Times , the President slammed Beijing's unfair trade policies and currency manipulation in a written statement , saying China has "no intentions" of changing their practices that continue to "threaten" American workers and businesses.

by | June 20, 2018 | 04:37

Trump has angered Canada with his protectionist rhetoric, and has threatened to scrap the North American Free Trade Agreement (NAFTA) in favor of a new bilateral trade deal. She said Canada, Mexico and the USA will continue negotiating NAFTA through the summer and that she is convinced there is "goodwill" moving forward.

by | June 19, 2018 | 23:29

The United States and China have the world's biggest trading relationship but official ties are increasingly strained over complaints Beijing's technology development tactics hurt American companies. That would leave less than $100 billion in USA goods to subject to a tariff hike, far short of the $200 billion Trump is threatening. Beijing could also seek to make life hard for big USA companies that rely on the Chinese market for a big chunk of their revenue.

by | June 19, 2018 | 21:13

The White House says the USA can withstand trade tensions. "The progression from trade rumblings, to trade tensions, to trade saber-rattling, to trade tantrum, to trade tiff, has escalated yet again". "The fundamental question on U.S". The development took some by surprise and stoked fears of a potentially damaging trade war between the economic superpowers.

by | June 19, 2018 | 20:02

The CEO, who warned that there may be "considerably more to this situation than meets the eye", said they still need to determine whether the saboteur was working alone, with other Tesla employees, or with outside organizations. Tesla told CNBC it "was extinguished in a matter of seconds" and "there were no injuries or significant equipment damage". The email ends with an urge to employees to be vigilant as the company proceeds with ramping up Model 3 production to 5,000 cars weekly, ...

by | June 19, 2018 | 19:34

Trump has rejected criticism that his "zero-tolerance" immigration policy has caused family separations at the U.S. border, and instead pointed to crime in Germany as the reason tough laws are necessary. " We want a national solution if a European one is not found ", Seehofer said , adding that " the CDU or at least its leaders do not want " it. Merkel isn't against a stricter border regime, but wants this to be part of a European agreement, which she hopes to achieve at an EU summit at ...

by | June 19, 2018 | 16:21

According to Jefferies, the transition from Kochhar to Bakshi should be smooth considering that Bakshi has been associated with the ICICI bank group for 32 years, working across its diverse verticals (both corporate & retail) and other subsidiaries.

by | June 19, 2018 | 14:30

In a statement , Mr Trump said he had asked the USA trade representative to identify the Chinese products to be subject to the new tariffs . President Donald Trump added fuel to a burgeoning trade conflict with China on Monday, as he threatened to slap new tariffs on an additional $200 billion worth of Chinese imports.

by | June 19, 2018 | 08:46

Trump directed the US Trade Representative's office to begin drawing up a list of $US200 billion worth of Chinese goods to hit with a 10% tariff, dwarfing the size of previous trade actions against China. The tariffs were the result of an investigation by Commerce Department into the theft of United States intellectual property by Chinese companies. He said the action by Beijing "clearly indicates its determination to keep the United States at a permanent and unfair disadvantage, which is ...

by | June 19, 2018 | 01:29

The partnership with Google will help JD.com launch a serious campaign to unseat Alibaba, China's largest e-commerce site and JD.com's biggest rival in Asian markets. Google is stepping up its investments across Asia, where a rapidly growing middle class and a lack of infrastructure in retail, finance and other areas have made it a battleground for US and Chinese internet heavyweights.

by | June 19, 2018 | 00:35

United States President Donald Trump announced a 25 percent tariff on $ 50 billion worth of Chinese goods on Friday. In April, U.S. President Donald Trump asked American trade officials to present him with a list of $50 billion worth of Chinese goods that Washington could tax under Section 301 of the U.S.

by | June 18, 2018 | 23:23

The standoff pitted Merkel and her center-right Christian Democratic Union (CDU) against its more hard-line Bavarian sister party, the Christian Social Union (CSU). Merkel, who has led Europe's largest economy since 2005, was widely seen as unassailable in the run-up to elections last September. The compromise, if confirmed, would help de-escalate a row that had threatened to blow-up the 70-year-old alliance between the two conservative parties, potentially destabilizing Merkel's government.

by | June 18, 2018 | 17:59

Rupert Stadler , CEO of German vehicle producer Audi , briefs the media during the annual press conference in Ingolstadt, Germany. The arrest has been made in connection with Audi's parent company Volkswagen's role in emissionsgate ( dieselgate ).

by | June 18, 2018 | 18:00

Audi had no immediate comment regarding the arrest, and Stadler himself as well as Munich prosecutors were not immediately available for comment. Luxury carmaker BMW and Mercedes-owned Daimler have both had their offices raided by investigators searching for evidence of possible cheating.

by | June 18, 2018 | 14:32

The prosecutors' office last week widened its emissions cheating probe into Volkswagen's luxury brand Audi to include Stadler among the suspects accused of fraud and false advertising. A judge has remanded him in custody. It was in September 2015 when VW admitted to using illegal software to cheat USA emissions tests on diesel engines.

by | June 17, 2018 | 17:01

China said it wants to place new duties on items such as farm products, autos and seafood starting on July 6. Washington and Beijing appeared increasingly headed toward a trade war after several rounds of negotiations failed to resolve US complaints over Chinese industrial policy, market access and a $375 billion trade gap.

by | June 17, 2018 | 15:46

It is the latest company to opt out of some single-use plastic products which can take hundreds of years to decompose if not recycled. Straws are but a small part of plastic pollution, but they have garnered most of the attention in recent months.

by | June 17, 2018 | 05:46

The euro briefly spiked to a one-month high of $1.1853 following the announcement. "We didn't discuss when to raise rates", ECB President Mario Draghi said in a press conference, signalling that a rate hike remains a distant possibility.

by | June 16, 2018 | 09:39

Moscow's pledge in the deal is to shave off 300,000 bpd from the October 2016 level, which was the country's highest monthly production in nearly 30 years-11.247 million bpd. President Trump complained Wednesday that oil prices are too high and blamed the spike on OPEC, the group of 14 nations that controls a major portion of the world's supply of crude petroleum.

by | June 16, 2018 | 07:41

A juvenile was also shot, Birch said, and taken to a hospital. She said during a news conference that it was "very possible" the deputies were shot "with their own firearm" as they were transporting detainees in a gated area behind the courthouse.

by | June 16, 2018 | 07:38

A statement from the Chinese Ministry of Commerce said that the country would implement tariffs on a similar scale on U.S. goods. Beijing, meanwhile, has issued its own list of possible tariffs on $50 billion in American goods, including aircraft, soybeans and automobiles.

by | June 16, 2018 | 06:29

The €1 billion ($1.2 billion) penalty was announced Wednesday by public prosecutors and the company, which said it was hoping to turn a page on emissions cheating. The episode has already cost Volkswagen over $30 billion in recalls, legal penalties and settlements. Finance chief Frank Witter will update investors on August 1 on the implications of the fine for the carmaker's cash position, alongside its second-quarter results, VW said.

by | June 16, 2018 | 04:00

The queue for American Airlines' customer-service desk, where travellers could enquire about rebooking, stretched the length of two terminals at one point, according to one stranded passenger. PSA Airlines, a regional carrier, told WRAL News in a written statement that the airline had canceled 275 flights on Thursday and 300 fights for Friday have been scrapped.

by | June 16, 2018 | 01:32

Federal prosecutors have indicted Theranos founder Elizabeth Holmes and the company's former president Ramesh "Sunny" Balwani with nine counts of wire fraud and two counts of conspiracy to commit wire fraud. Bennett. The federal indictment claims that Holmes and Balwani engaged in a plan to "obtain money and property by means of materially false and fraudulent pretenses".

by | June 16, 2018 | 00:34

China quickly answered with its own tariffs on American goods. "We hope that this leads to further negotiations and we hope it leads to China changing its policies, at least with respect to us, and opening up their market". The move is a response to a USTR investigation earlier this year that accused China of stealing United States intellectual property in an effort to dominate the development of advanced technology.

by | June 15, 2018 | 18:16

See the full map with cases. The illness usually lasts about a week or less in healthy adults, but other groups are at a higher risk of developing serious infections and complications. Food & Drug Administration said it worked with Kellogg to issue the recall after preliminary evidence linked the product to more than 60 illnesses, according to Reuters .

by | June 15, 2018 | 17:31

NEW YORK — McDonalds said Friday it will switch to paper straws at all its locations in the United Kingdom and Ireland, and test an alternative to plastic ones in some of its USA restaurants later this year. The ban does not yet extend to the rest of the chain's global empire, but trials will begin in selected restaurants in the US, France and Norway. The activist group SumOfUs estimates that every day, McDonald's alone dispenses millions of plastic straws that customers soon discard, ...

by | June 15, 2018 | 14:54

Trump is due to unveil revisions to his initial tariff list targeting $50 billion of Chinese goods on Friday. The final list could contain fewer pharmaceutical products and more technology goods, two private sector sources following the process toldPOLITICO.

by | June 15, 2018 | 12:37

McMaster received the most votes of the four Republicans running, but will face Greenville businessman John Warren in a second contest June 26. On Tuesday , three women - Elaine Luria , Abigail Spanberger and Jennifer Wexton - won Democratic primaries.

by | June 15, 2018 | 05:43

New to this year's report is a breakdown of costs by ZIP code. Hawaii is No. 1 on the Out of Reach ranking of states and you should not even entertain the idea of moving there if you want to earn minimum wage and pay for your own place.

by | June 15, 2018 | 02:50

A taxi ride from downtown Chicago to O'Hare today costs about $40, and can take more than hour in morning traffic. "We're really excited to work with the mayor and the city to bring this new high-speed public transportation system to Chicago!" the company said on Twitter.

by | June 14, 2018 | 15:59

President Trump and North Korean leader Kim Jong Un signed a statement Tuesday promoting "mutual confidence building" to "promote the denuclearization of the Korean Peninsula". This is not the first time Trump has made references to Kim's weight. Images of Trump and Kim were prominent throughout the trailer, which promised a brighter future if North Korea opened its arms to Western influences by way of nuclear disarmament.

by | June 14, 2018 | 12:56

Tether is the 11th largest cryptocurrency and is pegged to the United States dollar. In other words, it looks like cryptocurrency buyers aren't really interested in Tether , and the researchers are fairly confident that the manufacturing of Tether has a lot to do with bitcoin prices staying high.