Finance

CFTC Subpoenas Leading Exchanges for Trading Data

CFTC Subpoenas Leading Exchanges for Trading Data After CME's first contracts ended, in January, the company asked the crypto trading platforms to share trading data, and several declined to comply while "arguing the request was intrusive". The Department of Justice is already carrying out a similar investigation b into Ethereum and Bitcoin price manipulation. Last month, it was reported that the U.S Justice Department had launched a crimina... [Full Article...]

Kia launches recall of several models because air bags may not work

Kia launches recall of several models because air bags may not work Four people died and six were injured. Another major automaker is recalling vehicles due to air bag issues. Four of the crashes involved 2011 Hyundai Sonatas and two involved 2012 and 2013 Kia Fortes. Owners will be notified starting from the 18th of June. The air bag control units, which detect a crash and activate the air bags and seat belts, are made by ZF-TRW. [Full Article...]

International Monetary Fund agrees to $71 billion deal to help Argentina's economy

International Monetary Fund agrees to $71 billion deal to help Argentina's economy The IMF said the staff-level agreement will be subject to approval by the global body's executive board, which will consider Argentina's economic plan in the coming days. A flailing currency and soaring twin deficits have been plaguing the country's economy . Investors first saw these outflows in May and June of 2013 with the so-called "taper tantrum" episode , where random capital outflows sever... [Full Article...]

Breakfast? Nah, IHOb is the International House of Burgers

As for the restaurant's name change, IHOP said its new moniker will be in effect for "the time being". The pancake chain, which had been known as IHOP for 60 years, previewed the name change on Twitter last week. The seven burgers are listed as "limited time offers". It ends with the company's new logo and the message Burgers Burgers Burgers. The IHOP/b website still proclaimed the announcem... [Full Article...]

Pompeo says North Korea could get ‘unique’ security guarantees

The world is crossing its fingers. One dispatch by the Korean Central News Agency said North Korea and the U.S. would exchange "wide-ranging and profound views" on establishing new relations, building a "permanent and durable peace-keeping mechanism", achieving denuclearization and "other issues of mutual concern, as required by the changed era". [Full Article...]

Multi-million jackpot victor collects cheque in emoji mask

Multi-million jackpot victor collects cheque in emoji mask Simone Clarke-Cooper, Supreme Ventures Super Lotto assistant vice-president of group corporate communications, said winners were always concealing their identities in the Caribbean country. "We are not going to tell them not to do that because their safety is of paramount importance to us as well". Grey admits she has a deep fear of getting robbed and in an attempt to avoid having this happen, s... [Full Article...]

Poundworld seeking white knight buyer

Poundworld seeking white knight buyer If these talks fail, however, administration or a company voluntary arrangement (CVA), at best, would be the likely outcome, neither of which would be good news for the retailer's 5,000 plus staff. The stores suffered a major rise in multi-million pound losses past year - rising from £5.4m to £17.1m in 2016/17. Read about the House of Fraser and its Carlisle store here . [Full Article...]

S.Korean exchange Coinrail says hit by hackers, bitcoin slides

S.Korean exchange Coinrail says hit by hackers, bitcoin slides Bitcoin has dropped 11% since 5pm NY time on Friday and was trading at $6,784.04 as of 10.21am in Hong Kong on Monday, bringing its year-to-date loss to 53%. In a statement, a representative from the Korea Blockchain Industry Association, a self-regulatory group, revealed the exchange wasn't a member of the working group. [Full Article...]

Poundworld on brink of collapse as last-ditch talks fail

Deloitte said Poundworld would trade as usual while it seeks a buyer for all or part of the business, adding that no redundancies or store closures are yet planned. Deloitte's joint administrator, Clare Boardman, said: "The retail trading environment in the United Kingdom remains extremely challenging and Poundworld has been seeking to address this through a restructure of its business. [Full Article...]

Donald Trump, Kim Jong-un arrive in Singapore for historic summit

Donald Trump, Kim Jong-un arrive in Singapore for historic summit While it would be good to be optimistic of the summit's outcome, some apprehension still exist as both Trump and Kim are strong leaders with their own mind, the source said. At a press conference earlier on Sunday, Loong said that the summit cost approximately $20 million, which is a price the Singapore was "willing to pay". [Full Article...]

Trump Aide Larry Kudlow Calls Justin Trudeau Trade Comments A 'Betrayal'

After the conclusion of the summit, Trump again said he would not allow other countries to impose barriers on the United States. He injected additional controversy by suggesting that the G7 offer a seat at the table to Russian Federation, which was ousted from the group after it annexed Crimea. [Full Article...]

Robert De Niro Says 'F-k Trump' Live at Tony Awards 2018

Robert De Niro Says 'F-k Trump' Live at Tony Awards 2018 The Globe's top picks for what to see and do each weekend, in Boston and beyond. The show went on to win best musical revival, beating " My Fair Lady " and " Carousel ". Co-hosts Josh Groban and Sara Bareilles kicked the show off with a self-parodying duet on piano for all the losers out there - including them. An emotional high point arrived early in the ceremony when members of the drama dep... [Full Article...]

Winner of $315 million Powerball jackpot comes forward

Winner of $315 million Powerball jackpot comes forward Originally from Africa, Souami came to the United States in 1996. "When he told me we won, I had to see for myself", said Joe. The father of two made a decision to take the $183 million cash payout and remain in his New Jersey hometown. [Full Article...]

Tyson Frozen Chicken Recalled Due To Possible Plastic Contamination

Tyson Frozen Chicken Recalled Due To Possible Plastic Contamination The FDA, which said that the contamination posed a low health risk, urged food service establishments who have purchased the recalled chicken to dispose of the product immediately. They are now concerned that some impacted products may be in freezers at food service institutions and could be served. These products should be thrown away. [Full Article...]

Petrol prices cut for 10th day in a row, diesel slashed too

Petrol prices cut for 10th day in a row, diesel slashed too Petrol prices across the country were lowered by 21 to 22 paise per litre on Friday to Rs 77.42 in Delhi , Rs 80.07 in Kolkata , Rs 85.24 in Mumbai and Rs 80.37 in Chennai . The prices in Delhi are the cheapest in all metros and most State capitals. The Petroleum Division proposed that petrol margins of OMCs and dealers may be jacked up by Rs0.09 and Rs0.12 per litre respectively based on... [Full Article...]

Airbnb Japan cancellation crisis: What you need to know

Airbnb Japan cancellation crisis: What you need to know Many were shocked on June 1, two weeks before the confirmed deadline and at the peak of the tourist season, when Japan's tourism agency issued a sudden memo declaring that any Airbnb host without a license, regardless of their current status in the registration process, must cancel any upcoming reservations booked before June 15. [Full Article...]

In battle of tweets, Canadas Trudeau dismisses Trump critique

In battle of tweets, Canadas Trudeau dismisses Trump critique House Minority Leader Nancy PelosiNancy Patricia D'Alesandro PelosiOvernight Health Care - Sponsored by PCMA - DOJ move against ObamaCare sets off frenzy Overnight Health Care - Sponsored by PCMA - New White House ad campaign targets opioid addiction Pelosi: "Medicare for All" should be "evaluated" if Dems win House MORE (D-Calif.) chided Trump and his Commerce Department. [Full Article...]

Tyson recalls 3000 pounds of chicken due to possible plastic contamination

Tyson recalls 3000 pounds of chicken due to possible plastic contamination FSIS is concerned that some product may be frozen and in freezers at food service institutions and could be served. The FSIS also said that the products already purchased must be thrown away. There have been no confirmed reports of adverse reactions due to consumption of these products. Tyson Foods said Monday, March 6, 2017, a strain of bird flu sickened chickens at a poultry breeder that suppl... [Full Article...]

Quebec ticket takes Lotto Max's $60 million jackpot

Quebec ticket takes Lotto Max's $60 million jackpot Players can pay $1 for an additional row for the Extra prize. It's unclear where in Ladysmith the ticket was purchased. Someone in Vancouver and someone in Ontario also won the two MAXMILLIONS prizes, bumping both down to $500,000 from $1 million - so that they can be split. [Full Article...]

Country sheds 7.5K jobs, local employment relatively unchanged

The seasonally adjusted annual rate of housing starts fell to 195,613 units from a revised 216,775 units in April, the Canada Mortgage and Housing Corporation said. In B.C., that title goes to Kelowna, with a jobless rate of 5%. On a sector basis, goods-producing industries led the way down, with a decline of 18,300 manufacturing jobs and a drop of 13,000 in construction. [Full Article...]


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