ZTE shares tank in Asian markets after it agrees to pay $1.4 billion settlement to the US

REUTERS/Sergio Perez Investors wiped about $ 3 billion off embattled Chinese telecommunications giant ZTE Corp’s market value as it resumed trade on Wednesday after agreeing to pay up to $ 1.4 billion in penalties to the U.S. government. ZTE was crippled when the United States imposed a seven-year supplier ban on the company in April after it […]

Macedonia agrees to change its name and end its 27-year beef with Greece

Milos Bicanski/Getty Images The leaders of Macedonia and Greece reached an agreement on Tuesday to end a 27-year feud surrounding the Balkan country’s name.  The prime ministers have agreed to refer to Macedonia as the Republic of Northern Macedonia or Severna Makedonija, in the Macedonian language.  The move aims to appease Greece, which had opposed the […]

Theresa May agrees to a ‘time limited’ Brexit backstop after David Davis threatens to resign

Downing Street has published the details of a “backstop” proposal to avoid a hard Irish border after Brexit. The “backstop” is an emergency measure which would ensure no hard border emerges between Northern Ireland and Ireland. Brexit secretary David Davis had two long meetings with the prime minister this morning after allies made it clear […]

Brazil’s Temer agrees to lower fuel prices after week of crippling trucker protests

Brazilian President Michel Temer has signed a series of decrees designed to end a nationwide strike by truckers, who are protesting against rising diesel prices. It follows threats by Temer to bring in the army to clear the roads. Truckers have been blocking roads across Brazil, impeding deliveries of vital supplies to cities, since May […]

Elon Musk agrees robot glut slowed Model 3 production

Tesla’s affordable Model 3 has been trapped in development hell for what seems like ages now, and in an interview with CBS’s Gayle King, CEO Elon Musk offered a little more insight into how the production process has fallen short. While escorting King through the company’s Fremont, California-based factory, Musk conceded that Tesla might’ve been […]

Dick’s faced boycott threats when it changed its gun policies — but the majority of America agrees with the retailer (DKS)

Reuters/Rick Wilking Dick’s Sporting Goods faced backlash after it changed its gun policies in the aftermath of the Parkland, Florida shooting.  However, foot traffic actually increased in the two weeks after Dick’s announced the new gun policies.  73% of respondents polled by MSN said that they agreed with Dick’s decision to stop selling assault-style rifles. While […]

North Korea reportedly agrees to hold summit preparation talks in March

North Korea has agreed to hold high-level talks with South Korea on March 29. A second summit between South Korean President Moon Jae-in and North Korean leader Kim Jong-un is being planned for some time in April. A team of three officials will be led by Ri Son Gwon, the chairman of North Korea’s committee […]

North Korea reportedly agrees to hold summit preparation talks in March

North Korea has agreed to hold high-level talks with South Korea on March 29. A second summit between South Korean President Moon Jae-in and North Korean leader Kim Jong-un is being planned for some time in April. A team of three officials will be led by Ri Son Gwon, the chairman of North Korea’s committee […]

Pyongyang agrees to hold high-level talks with Seoul on March 29 – South Korea

North Korea and South Korea are set to hold high-level talks on March 29, after Pyongyang accepted Seoul’s proposal to discuss the date and agenda items for an inter-Korean summit in April, the Ministry of Unification said Saturday. The meeting will take place in the Korean Demilitarized Zone, at the Truce Village of Panmunjom. The […]