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Kazakhstan has asked an appeals court to overturn a decision that saw BNY Mellon freeze assets worth more than $ 22 billion held in the bank by the country’ sovereign wealth fund. The bank seized the assets as part of a dispute between Kazakhstan and a Moldovan businessman who sued the Central Asian country for […]
FOR a country that is hugely proud of its high-flying tech firms, China has a funny way of showing it. None of its internet giants—not Alibaba, nor Tencent, nor Baidu—is listed on the domestic stockmarket. Rules that were supposed to help investors have had the perverse effect of forcing firms to go public abroad, mostly […]
Remember when Facebook was a place where you wished happy birthday to people you never interact with otherwise and occasionally pulled up an ex’s current pictures to see how they’re doing? In an apparent bid to pull the narrative back from its executive’s TV interviews and a couple of appearances in front of Congress, the […]
KCNA via Reuters Ri Sol Ju, wife of North Korean leader Kim Jong Un, just received a new status from the country’s state-run media. For the first time, North Korean media referred to Ri as the “revered first lady” rather than “comrade.” Experts say efforts have been made recently to convey North Korea as a […]
West Virginia cast a higher percentage of its votes for Donald Trump (68.6 percent) than any other state in the union in 2016. It also had a higher proportion of drug overdose deaths (52 per 100,000 people) than any other state — for the seventh year running. It’s Republican Sen. Shelley Moore Capito’s job to […]
-With the 2019 Insight, Honda is hoping that the third time’s the charm for this nameplate, which promises the future but hasn’t always been in tune with it. Nearly 20 years after the introduction of the original high-mpg featherweight Honda Insight—the first hybrid sold in the United States—hybrids comprise roughly 2 percent of the new-passenger-vehicle […]
Washington won’t succeed if it tries to drive a wedge in the European Union with import tariffs, the new German economy minister, Peter Altmaier, has said during a visit to the US. Should Europe and the US plunge into a trade war, producers and consumers on both sides would pay the price, the minister warned. […]
Most of you Star Wars fans out there have seen Return of the Jedi dozens of times. You can quote your favorite lines, you know the action scenes beat-for-beat, and you can explain exactly what happens to all your friends who haven’t seen it. But have you ever stopped to consider how the plan to […]
Enlarge / Protestors object to FCC Chairman Ajit Pai’s plan to eliminate net neutrality rules before Pai’s appearance at the American Enterprise Institute in Washington, DC, on May 5, 2017. (credit: Getty Images | Chip Somodevilla) Republicans in Congress are continuing to push a net neutrality law that would preempt state net neutrality rules and […]
Kate Taylor Subway executives confirmed they expect more locations to close in the coming years. In 2017, the chain’s US store count fell by 909 as it lost almost three times as many locations as the year before. Executives say that the chain hopes to emerge with fewer, stronger locations. Subway just confirmed franchisees’ fears that more locations […]
