Exclusive Hewlett Packard Enterprise has warned that the industry-wide 18-month-plus shortage of certain Intel Xeon server-class processors may continue all the way through 2020.…
Who, Me? Welcome to Who, Me? The Register's open-all-hours confessional for readers who really need to get that one dastardly deed off their chest.…
Japan's prime minister has announced his country will create a space defence force, in an effort to protect it from technological threats.
Emerging market stocks and currencies were flat on Monday as investors braced for major central bank meetings later in the week, while Turkish and Russian equities scaled all-time highs. The Bank of Japan will announce its rate decision on Tuesday, while the European Central Bank is gearing up for its first policy meeting of the year on Thursday. "Major central banks are unlikely to take action for the foreseeable future, as they have all come close to the end of their possibilities when it comes to expansionary measures and see little scope for action on the restrictive side of things," said Commerzbank FX strategist Ulrich Leuchtmann.
Bundled up in winter clothes as they head home for the Lunar New Year holiday amid a health scare over a mystery new virus, Chinese travellers on the teeming concourse of Beijing West station were evenly split between the masked and the barefaced. Covering up was clearly the best decision for many of the passengers waiting to board the packed train carriages for the 5-1/2 hour journey to Wuhan, the epicenter of an outbreak that has sent shivers through the world's most populous country. Going back to her hometown, 28-year-old Tan Jie has been ribbed at work about the danger of contracting the new coronavirus, but the blue surgical mask on her face shows she is taking the risk seriously.
A majority of people around the world believe capitalism in its current form is doing more harm than good, a survey found ahead of this week's Davos meeting of business and political leaders. This year was the first time the "Edelman Trust Barometer", which for two decades has polled tens of thousands of people on their trust in core institutions, sought to understand how capitalism itself was viewed. "The answer is yes," David Bersoff, lead researcher on the study produced by U.S. communications company Edelman.
From keeping your New Year’s resolutions going to Instagram-worthy meal prep to workout programs to eating plans to taking time for yourself, we have it all covered. Liz Rock started her transformation journey four years ago weighing 350 pounds. "At 350 pounds there were a lot of things I couldn’t do, simple things that people don’t have to think about if they‘re not considered overweight," Rock told "Good Morning America." "I would have anxiety about taking the train because I’m taking up a seat-and-a-half.
World stocks held near record highs on Monday as generally better data and earnings bolstered sentiment, while oil prices hit their highest in over a week after two large crude production bases in Libya began shutting down following a blockade. European equities opened a touch lower , while U.S. stock futures were down marginally. Trading was light with U.S. markets closed for the Martin Luther King Jr. holiday.
Driven out of China after losing a civil war, Taiwan's main opposition party faces another crisis following an election drubbing this month, seeking to re-invent itself and rethink its unpopular policy of trying to accommodate Beijing. The Kuomintang, which ruled all of China until forced to flee to Taiwan in 1949, soundly lost both the presidential and parliamentary elections to the Democratic Progressive Party (DPP), whose promises to stand up to China's threats contrasted with its own platform to be more conciliatory towards Beijing. China claims Taiwan as its sacred territory, to be taken by force if needed, with President Xi Jinping last year once again proposing a "one country, two systems" model for the island, only to be denounced by both the DPP and Kuomintang.
The dollar held near a one-month high against major currencies on Monday after last week's run of data confirmed that the United States economy is holding up well, while China's yuan hit a new six-month high. Mostly though it was another quiet start to the week for currencies, with FX volatility near all-time lows and little in the way of key economic data. Investors are focused on central bank meetings in Japan, which is on Tuesday, and the European Central Bank meeting on Thursday.
Laura Bryant was in northeast Fresno, California, on Saturday night when she attempted to cross a busy street to get her family some food at McDonalds but, according to detectives, she didn’t use the crosswalk and poor lighting made it difficult for her to be seen. The impact of getting hit then sent her into the middle lane where she was struck by a second passing vehicle. "This is an absolute tragic event, but this shows the importance to not be running in the middle of the road at night on a busy road," said Lt. Bill Dooley with the Fresno Police Department to ABC’s Fresno station KFSN.
The European Union will discuss all ways to uphold a formal ceasefire in Libya if one is reached but any peace settlement will need real EU support to make it hold, the EU's top diplomat Josep Borrell said on Monday.
European industrial policy chief Thierry Breton said on Monday that if discussions at the OECD level on taxation for digital companies such as Amazon or Google do not bear fruit, the European Union will take action. "I do not know any optional voluntary tax... On the big digital players, this is obviously not an option," Breton told a news conference. Breton added that European countries, which had failed to agree on a digital tax earlier, were now on the same line.
European government bond yields traded neutral Monday ahead of key economic events this week such as the World Economic Forum in Davos and European Central Bank meeting. The International Monetary Fund is expected to release its world economic outlook update on Monday. Ratings agency Fitch affirmed Germany's rating at AAA late on Friday and China's Vice Premier Liu said he will negotiate with U.S. companies to increase imports of U.S. goods, which dampened appetite for safe-haven government debt, keeping yields stable.
* New minister has led talks with S.Korea, but never U.S. SEOUL, Jan 20 (Reuters) - North Korea's new foreign minister is a former defence commander with little diplomatic experience, spotlighting leader Kim Jong Un's reliance on party and military loyalists at a sensitive time amid stalled U.S. talks, analysts in Seoul said on Monday. Last week, North Korea told countries with embassies in Pyongyang that Ri Son Gwon, a senior military officer and official of the ruling Workers' Party, had been appointed foreign minister, a diplomatic source in Seoul told Reuters.
European shares dipped slightly on Monday after striking a record closing high in the previous session, as investors paused before launching into a week packed with economic data and the European Central Bank's first policy meeting of the year. The pan-European STOXX 600 index was down about 0.1%, after gaining nearly 1% on Friday on optimism around U.S.-EU trade talks to address long-standing issues such as a French digital tax and aircraft subsidies. Investors are now awaiting readings of the Purchasing Manager's Index from Germany, France and the euro zone on Friday, and the ECB's monetary policy meeting on Thursday, where it is expected to keep the deposit rate unchanged at -0.50%.
A gunman has opened fire outside a US nightclub, killing at least one person and injuring 15, according to local media reports.Police were called to a shooting around 11.30pm in Kansas City in Missouri, ABC News have said.
Dozens of Iraqi protesters were wounded in Baghdad and other cities on Monday in clashes with security forces who were trying to clear blocked roads, security and medical sources said, as anti-government unrest resumed after a lull of several weeks. In Baghdad's Tayaran Square overnight, protesters threw petrol bombs and stones at police who responded with tear gas and stun grenades, Reuters witnesses said. Elsewhere in southern Iraq, hundreds of protesters burned tyres and blocked main roads in several cities, including Nassiriya, Kerbala and Amara.