Categories
Internet

French police to investigate vandalism behind internet outage

PARIS, April 27 (Reuters) – The Paris prosecutor’s office said it has opened a probe into the causes of a major internet outage which affected France’s telecommunications network on Wednesday following reports of coordinated acts of vandalism. The French Telecoms Federation said attacks of vandalism had impacted telecoms networks in several regions, including the Ile-de-France […]

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Markets

World stocks clamber off 18-month lows, but markets on recession watch

  S&P futures up 1.13%, European stocks gain 0.96% MSCI Asia ex-Japan +1.8%, Nikkei +2.64% Worries over inflation, tightening policy remain Dollar hovers near 20-year highs on safe-haven demand LONDON/SHANGHAI, May 13 (Reuters) – World stocks rose from the previous day’s 18-month lows and the dollar pulled back from 20-year highs on Friday, though investors […]

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Internet

US joins 55 nations to set new global rules for the internet

WASHINGTON, April 28 (Reuters) – The United States and 55 other nations on Thursday signed a political commitment to push rules for the internet that are underpinned by democratic values, at a time when the US has accused Russia of wielding internet disruptions as a part of its escalating attacks on Ukraine. The commitment, called […]

Categories
Artificial intelligence

Elix chief exec aims to lead Japan’s AI drug discovery field

In the USA and in Europe, interest in the potential for artificial intelligence to transform different aspects of the life sciences industry is at an all-time high. Much of the attention has been paid to the potential for an algorithmic, machine learning-based approach to drug discovery. The charge has been led by companies such as […]

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Markets

Stock Market Today: Dow Drops, Bitcoin Plunges

Textsize If the losses hold, the Dow would fall for the sixth day in a row. Ed Jones/AFP via Getty Images The stock market was falling again Thursday, as investors were fretting about the impact of inflation and the Federal Reserve’s monetary policy on the economy. In afternoon trading, the Dow Jones Industrial Average retreated […]

Categories
Business

Siemens to leave Russia due to Ukraine war, take hefty charge

Siemens to leave Russia after 170 years Russia makes up around 1% of total revenues Shares fall after earnings miss CEO condemns the war in Ukraine ZURICH, May 12 (Reuters) – Siemens (SIEGn.DE) will quit the Russian market due to the war in Ukraine, it said on Thursday, taking a 600 million euro ($630 million) […]

Categories
Economy

Russian ships carrying stolen Ukrainian grain turned away from Mediterranean ports — but not all of them

CNN has identified the vessel as the bulk carrier Matros Pozynich. On April 27, the ship weighed anchor off the coast of Crimea, and turned off its transponder. The next day she was seen at the port of Sevastopol, the main port in Crimea, according to photographs and satellite images. The Matros Pozynich is one […]

Categories
Business

Stocks in a tailspin, dollar soars as hard landing fears grow

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe opens down 2% US equity futures struggle Dollar hits 2yr highs on […]

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Business

EXCLUSIVE Google paying more than 300 EU publishers for news, more to come

BRUSSELS, May 11 (Reuters) – Alphabet (GOOGL.O) unit Google has signed deals to pay more than 300 publishers in Germany, France and four other EU countries for their news and will roll out a tool to make it easier for others to sign up too, the company told Reuters. The move to be announced publicly […]

Categories
Business

Shares drop, yields shoot up after US inflation data

MILAN, May 11 (Reuters) – World shares turned lower on Wednesday and bond yields shot up after US data showed inflation there slowed down less than expected last month, cementing expectations of aggressive rate hikes by the Federal Reserve. US futures turned negative after data showed US annual consumer price growth slowed to 8.3% in […]