newszine

Exclusive: In a world first, Facebook to give data on hate speech suspects to French courts

33 mins ago DieselGasoil Comments Off on Exclusive: In a world first, Facebook to give data on hate speech suspects to French courts
PARIS (Reuters) – In a world first, Facebook has agreed to hand over the identification data of French users suspected of hate speech on its platform to judges, France’s minister for digital affairs Cedric O said on Tuesday. O, whose father is South Korean, is one of French President Emmanuel Macron’s earliest followers, and has Read More

MSCI upgrades Kuwait equities to its main emerging markets index

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(Reuters) – MSCI Inc upgraded Kuwaiti equities to its main emerging markets index on Tuesday, which could trigger $2.8 billion of inflows from passive funds. MSCI, the world’s largest index provider, whose emerging-market group of indexes has about $1.8 trillion of assets tied to it, also said it will consult on the potential reclassification of Read More

Wall Street sinks as hopes fade for rate cuts, trade progress

2 hours ago DieselGasoil Comments Off on Wall Street sinks as hopes fade for rate cuts, trade progress
NEW YORK (Reuters) – Wall Street stock indexes fell on Tuesday, led by a sharp selloff in technology shares, as simmering trade concerns and disappointing economic data sent buyers to the sidelines, while the Federal Reserve chairman pushed back on pressure from President Donald Trump to cut interest rates. FILE PHOTO: Traders work on the Read More

Crude treads water as market looks to G-20 for direction

2 hours ago DieselGasoil Comments Off on Crude treads water as market looks to G-20 for direction
New York — Crude futures finished Tuesday’s session mixed as the market treaded water ahead of the G-20 summit beginning later this week in Osaka, Japan. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now ICE August Brent settled up 19 cents at $65.05/b while NYMEX August WTI fell 7 Read More

Palestinians bring out flags & DONKEYS to show disdain for Trump’s Mideast conference (PHOTO, VIDEO)

3 hours ago DieselGasoil Comments Off on Palestinians bring out flags & DONKEYS to show disdain for Trump’s Mideast conference (PHOTO, VIDEO)
Palestinians in the Israeli-occupied West Bank marched and clashed with police to protest a US-brokered conference in Bahrain, where business delegations from the Middle East and beyond discuss Washington’s plan for Palestine. Thousands took to the streets to condemn the conference, which began in the city of Manama on Tuesday with a workshop dubbed ‘Peace Read More

Wall Street drops on trade worries, Fed Chair Powell’s speech

4 hours ago DieselGasoil Comments Off on Wall Street drops on trade worries, Fed Chair Powell’s speech
NEW YORK (Reuters) – Wall Street lost ground on Tuesday as simmering trade concerns, combined with disappointing economic data, sent buyers to the sidelines, where they remained after Federal Reserve Chair Jerome Powell pushed back on pressure from President Donald Trump to cut rates. FILE PHOTO: Traders work on the floor at the New York Read More

PG&E bondholders propose bankruptcy exit plan worth up to $30 billion

4 hours ago DieselGasoil Comments Off on PG&E bondholders propose bankruptcy exit plan worth up to $30 billion
SAN FRANCISCO (Reuters) – A committee of bondholders of PG&E Corp’s utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up to $30 billion to help the California power provider emerge from Chapter 11 and pay off its liability from wildfires. FILE PHOTO: A PG&E truck carrying an American Flag drives past Read More

Comcast’s SKY Italia appoints Maximo Ibarra as new CEO

5 hours ago DieselGasoil Comments Off on Comcast’s SKY Italia appoints Maximo Ibarra as new CEO
FILE PHOTO: Sky parabolic antennas are seen on roof of the Sky Italia buildings on the outskirts of Milan, Italy, April 27, 2016. REUTERS/ Stefano Rellandini MILAN (Reuters) – SKY Italia has appointed Maximo Ibarra as its new chief executive effective Oct. 1 as it expands its business, the Italian unit of U.S. media group Read More

Wall St. sinks on trade jitters ahead of Powell speech

6 hours ago DieselGasoil Comments Off on Wall St. sinks on trade jitters ahead of Powell speech
NEW YORK (Reuters) – Wall Street lost ground on Tuesday as simmering geopolitical and trade concerns, combined with disappointing economic data, kept buyers at bay and investors looked to remarks from U.S. Federal Reserve chair Jerome Powell expected later in the session. FILE PHOTO: Traders work on the floor at the New York Stock Exchange Read More