The timing of Moscow’s announcement over the weekend that President Vladimir Putin has accepted an invitation to visit Manila has raised eyebrows, as it comes on the eve of crucial bilateral talks between the Philippines and China on joint oil exploration in the South China Sea. In a statement immediately welcomed by the Philippine presidential […] Read more
Carlos Ghosn’s lawyers have asked the Tokyo District Court to dismiss all charges against the former Nissan Motor Co Ltd chairman, saying prosecutors colluded with government officials and Nissan executives to oust him from his post. Ghosn’s legal team in a press release on Thursday said they had submitted two court filings ahead of a […] Read more
The co-creator of Facebook-backed libra defended the cryptocurrency on Wednesday after a number of recent high-profile companies abandoned the effort. Libra ran into issues Friday after Visa, Mastercard, Stripe, eBay and Mercado Pago bolted. Booking Holdings, formerly Priceline, left Monday. Each of the companies would have potentially invested $10 million each into the project. The […] Read more
Sterling rose sharply against the dollar Tuesday after optimistic comments on Brexit from European negotiator Michel Barnier were backed up by reports that a draft legal text over the divorce was being drawn up. “Our team(s) are working hard, and work has just started now today, this work has been intense over the weekend and […] Read more
The Republican National Committee paid over $160,000 to a law firm that is defending former Trump campaign manager Corey Lewandowski. The payment was made a month before his testimony in front of the House Judiciary Committee. The RNC paid $166,390 to the office of Mintz Levin for “legal and compliance services,” according to the committee’s […] Read more
If you’re tuning in to the next Democratic primary debate on Thursday, consider keeping your political views out of the office. Close to 40% of workers say they engage in political discussions at work, according to data from Monster.com. The job hunting website polled 1,650 people on the issue via email from Aug. 20 through […] Read more
Looking for reasons to be optimistic about the U.S. economy? Try the aisles of Target. Target’s stock soared more than 20% to a record $103 a share on Wednesday after the retailer reported a 17% jump in second-quarter profit, higher sales and a sunnier full-year outlook as its big investments in same-day delivery and in-store […] Read more
The United States has more to lose from a full-blown trade war with the EU than it does with its current conflict with China, experts have told CNBC. President Donald Trump has kept up his tough rhetoric against the European Union despite focusing on Chinese tariffs in recent months. But his administration is due to […] Read more
US President Donald Trump has said he has approved the proposed deal to sell 66 Lockheed Martin F-16V fighter jets to Taiwan – a move set to significantly boost the self-ruled island’s defences against mainland China. Taiwan’s defence ministry welcomed Trump’s announcement, saying that it would help to maintain security in the Taiwan Strait and […] Read more
UK Chancellor Sajid Javid announced on Wednesday that the government would double Brexit funding for this year to prepare for no deal. The extra funding will be provided to departments immediately to ensure that the government “steps up vital operational preparations across the country,” the government’s statement said. The money will be used for border […] Read more
