Posts tagged as: Reuters

Erdogan warns Europe that Turkey could open migrant gates – Reuters

Turkish President Tayyip Erdogan speaks during a signing ceremony with Belarussian President Alexander Lukashenko in Minsk, Belarus, November 11, 2016. REUTERS/Vasily Fedosenko ANKARA/ISTANBUL Turkish President Tayyip Erdogan threatened on Friday to unleash a new wave of migrants on Europe after lawmakers there voted for a temporary halt to Turkey’s EU membership negotiations, but behind the […]

Japan plans supercomputer to leap into technology future | Reuters – Reuters

Japanese Prime Minister Shinzo Abe gestures during a press conference in Buenos Aires, Argentina, November 21, 2016. REUTERS/Agustin Marcarian TOKYO Japan plans to build the world’s fastest-known supercomputer in a bid to arm the country’s manufacturers with a platform for research that could help them develop and improve driverless cars, robotics and medical diagnostics. The […]

Japan plans supercomputer to leap into technology future – Reuters

Japanese Prime Minister Shinzo Abe gestures during a press conference in Buenos Aires, Argentina, November 21, 2016. REUTERS/Agustin Marcarian TOKYO Japan plans to build the world’s fastest-known supercomputer in a bid to arm the country’s manufacturers with a platform for research that could help them develop and improve driverless cars, robotics and medical diagnostics. The […]

Hurricane Otto hits Nicaragua, Costa Rica as quake shakes region – Reuters

By Ivan Castro | BLUEFIELDS, Nicaragua BLUEFIELDS, Nicaragua Hurricane Otto battered Nicaragua and Costa Rica with powerful winds and torrential rains on Thursday, the same day a major earthquake shook the region, with homes damaged and thousands evacuated, but no deaths reported. The storm was weakening rapidly on Thursday evening after hitting the southeastern coast […]

UK wartime codebreaking center becomes cyber education college – Reuters

By Alex Fraser | BLETCHLEY, England BLETCHLEY, England It was once the home of Britain’s codebreakers during World War Two. Now more than 70 years later, Bletchley Park is preparing to host the UK’s first national college of cyber education, with a first intake of students starting in September 2018. Work is under way to […]

AIG joins list of finance firms looking at moving some UK operations – Reuters

LONDON U.S. insurer AIG (AIG.N) may move its European headquarters from London to another European Union country because of Britain’s vote to leave the EU, the head of the AIG’s European and UK operations said at an industry conference on Tuesday. AIG joins a growing list of finance industry companies that have said they may […]

Hadas: Trump effects might reach to finance theory – Reuters

U.S. President-elect Donald Trump arrives at the the main clubhouse at Trump National Golf Club in Bedminster, New Jersey, U.S., November 19, 2016. REUTERS/Mike Segar LONDON (Reuters Breakingviews) – Donald Trump is not an intellectual in his investments or his political views. It’s safe to say that the U.S. president-elect’s business decisions were guided by intuition more than by financial theory. […]

Alibaba’s $60 billion finance arm seeks growth before IPO: sources – Reuters

SHANGHAI/HONG KONG Investors gearing up for the initial public offering of Ant Financial, the $ 60 billion online finance arm spun off by e-commerce giant Alibaba (BABA.N), will have to wait until at least late 2017 as the business puts growth first, sources say. Sources with knowledge of the plans said Ant Financial, whose anchor […]

Amazon keeps up UK investment push with Daventry center – Reuters

Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo LONDON Online retailer Amazon said on Thursday it would create over 300 new jobs next year when it opens a distribution center in central England, maintaining a wave of investment in Britain. Plans for […]

UK’s Hammond to tell Wall Street that London still top finance hub despite… – Reuters

Britain’s Chancellor of the Exchequer Philip Hammond speaks at the Conservative Party conference in Birmingham, Britain October 3, 2016. REUTERS/Toby Melville LONDON UK finance minister Philip Hammond, on his first trip to Wall Street since being appointed in July, plans to assure some of the top U.S. top banks on Thursday that Britain is still […]

‘Hard Brexit’ could cost British finance firms 38 billion pounds – Reuters

Rain clouds pass over the Canary Wharf financial district in London, Britain July 1, 2016. REUTERS/Reinhard Krause/File Photo LONDON Britain’s financial industry could lose up to 38 billion pounds ($ 48.34 billion) in revenue in a so-called ‘hard Brexit’ that would leave it with restricted access to the European Union’s single market, according to a […]

‘Hard Brexit’ could cost British finance firms 38 bln pounds – Reuters

(Adds details, comment) By Andrew MacAskill LONDON Oct 5 Britain’s financial industry could lose up to 38 billion pounds ($ 48.34 billion) in revenue in a so-called ‘hard Brexit’ that would leave it with restricted access to the European Union’s single market, according to a report commissioned by an industry group. If finance firms lose […]

Exclusive: Wells Fargo account scandal extends to small business – US se… – Reuters

A Wells Fargo Bank is shown in Charlotte, North Carolina, U.S., September 26, 2016. REUTERS/Mike Blake By Suzanne Barlyn | NEW YORK NEW YORK The scandal over improper sales practices at Wells Fargo & Co extended to thousands of small-business owners, according to a U.S. lawmaker, raising questions about the scope the bank’s issues with […]

‘Hard Brexit’ could cost UK finance firms 38 billion pounds: report – Reuters

Rain clouds pass over the Canary Wharf financial district in London, Britain July 1, 2016. REUTERS/Reinhard Krause/File Photo The British financial industry could lose up to 38 billion pounds ($ 48.34 billion) in revenue in a so-called ‘hard Brexit’ that would leave it with restricted access to the EU single market, according to a report […]

Exclusive: Yahoo secretly scanned customer emails for US intelligence – … – Reuters

By Joseph Menn | SAN FRANCISCO SAN FRANCISCO Yahoo Inc last year secretly built a custom software program to search all of its customers’ incoming emails for specific information provided by U.S. intelligence officials, according to people familiar with the matter. The company complied with a classified U.S. government demand, scanning hundreds of millions of […]

Sri Lanka to pay $170 million to AerCap for A350 cancellation: Finance Min… – Reuters

An Airbus A350 aircraft sits on the tarmac on display at the Singapore Airshow February 11, 2014. REUTERS/Edgar Su/File Photo COLOMBO Sri Lanka will pay $ 170 million to AerCap Holdings NV (AER.N), the world’s largest independent aircraft leasing company, for cancelling a lease signed by the previous government for four A350s, Finance Minister Ravi […]

GoEuro ground travel app takes fresh funds to extend reach to 30 countries – Reuters

By Eric Auchard | FRANKFURT FRANKFURT Travel booking site GoEuro has raised $ 70 million in a new funding round led by top Silicon Valley investors – becoming one of the few European venture-funded firms to bridge the funding gap that stops promising start-ups from later stage expansion. The latest round was led by Silver […]

Taiwan orders probe into finance minister, five other officials on Mega Fi… – Reuters

TAIPEI Taiwan’s government has ordered the island’s serving finance minister, his predecessor and four former regulators be investigated to find out whether they bear responsibility for a breach of anti-money laundering rules at the New York branch of state-run Mega Financial Holding’s (2886.TW) banking arm. According to a cabinet statement late on Monday, finance minister […]

Citi’s UK chief sees finance job losses in London post-Brexit – Reuters

A sign for Bank Street and high rise offices are seen in the financial district in Canary Wharf in London, Britain, October 21, 2010. REUTERS/Luke Macgregor/File Photo By William James | BIRMINGHAM, England BIRMINGHAM, England The UK head of U.S. bank Citi said on Monday that jobs in London’s financial sector would move to countries […]

UK faces economic turbulence during Brexit process: Hammond – Reuters

Britain’s Chancellor of Exchequer Philip Hammond watches Prime Minister Theresa May speak at the annual Conservative Party Conference in Birmingham, Britain, October 2, 2016. REUTERS/Toby Melville BIRMINGHAM, England The British economy will face turbulence as the government negotiates the country’s exit from the European Union, finance minister Philip Hammond said on Monday. On Sunday, Prime […]

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