• USA one-ups China in supercomputing race with IBM-made machine
USA one-ups China in supercomputing race with IBM-made machine

For a few years now, China has been sitting comfortably atop the supercomputing power throne thanks in large part to Sunway TaihuLight and Tianhe-2, which occupied the top two positions in the TOP500 supercomputer listings last year. Perry said supercomputers are crucial to advancing research related to national security and scientific discov...

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  • China's ZTE Reportedly Strikes Preliminary Deal To Lift U.S. Ban
China's ZTE Reportedly Strikes Preliminary Deal To Lift U.S. Ban

US Commerce Secretary Wilbur Ross , who is now in Beijing for trade talks with China and told CNBC that a deal worth $1.4 billion had been struck. That penalty was assessed following an investigation showing that ZTE had violated USA sanctions and had provided technology to Iran and North Korea.

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  • Quarterly profit forecasts hurt economy, say Warren Buffett, Jamie Dimon
Quarterly profit forecasts hurt economy, say Warren Buffett, Jamie Dimon

Dimon , the chairman and CEO of J. P. Morgan Chase, and Buffett , chairman and CEO of Berkshire Hathaway , wrote about the group's endorsement in an opinion column in The Wall Street Journal . However, companies that are in favor of issuing guidance say that it improves communications with Wall Street, lowers share price volatility and results...

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  • Emirates Seeks to Lead the Way to Windowless Planes
Emirates Seeks to Lead the Way to Windowless Planes

While some first-class Emirates passengers already have the chance to try out the virtual windows, it's likely to be a while before an entirely windowless aircraft one looking a lot like a cargo plane from the outside takes off with hundreds of passengers inside.

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  • Company Makes Breakthrough By Affordably Removing Harmful CO2 Out Of The Air
Company Makes Breakthrough By Affordably Removing Harmful CO2 Out Of The Air

In addition to funds raised by Carbon Engineering , this work was supported by the British Columbia Innovative Clean Energy Fund, Sustainable Development Technologies Canada, the Industrial Research Assistanceship Program, and the U.S. Following successful tests at the pilot plant, Carbon Engineering is now planning to build a larger facility to s...

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  • FTSE fails to open, LSE says opening auction delayed
FTSE fails to open, LSE says opening auction delayed

Credit Suisse Group AG set a GBX 3,100 ($40.02) target price on London Stock Exchange Group Plc and gave the stock a buy rating in a report on Monday, February 27th. House of Fraser is not listed on the London Stock Exchange, so traders would not have been looking to off-load stock held in the company during the black out following this morning's...

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  • Critics take aim at President Trump's call for Russian Federation to rejoin G7
Critics take aim at President Trump's call for Russian Federation to rejoin G7

Trump will leave the summit early to attend a summit in Singapore with North Korean leader Kim Jong Un on Tuesday. The US President added that he also discussed with Trudeau the North American Free Trade Agreement (NAFTA). Canada's Trade Minister Francois Philippe Champagne was even more blunt, declaring: "What we are seeing is that the wor...

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  • Kinder Morgan, Inc. (KMI) - Technical Watch
Kinder Morgan, Inc. (KMI) - Technical Watch

At the end of 03/31/2018 reporting period, 491 institutional holders increased their position in Kinder Morgan , Inc. (NYSE: KMI ). Farmers & Merchants Invests owns 21,331 shs for 0.02% of their capital. for the previous quarter, Wall Street now forecasts -13.64 % negative EPS growth . NRG Energy, Inc. (NYSE:NRG) most recently published its qua...

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  • Apple might cut new-model iPhone production by 20 percent this year
Apple might cut new-model iPhone production by 20 percent this year

In March, Morgan Stanley said it expected more than half of Apple's revenue growth over the next five years to come from services . Apple may be anxious that its next iPhones won't be as popular as its last. "For the three new models specifically, the total planned capacity could be up to 20 percent fewer than last year's orders", Nikkei w...

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  • Airbnb forced to cancel Japanese bookings
Airbnb forced to cancel Japanese bookings

But on Thursday it said Japan's government had required it to cancel all reservations with hosts that have not yet registered, even if they were in the process of seeking a licence. "Through no fault of their own, some guests will spend extra money to secure new accommodations and may have other additional expenses, such as flight change fees".

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  • The Mission E Has a Real Name
The Mission E Has a Real Name

The Mission E concept vehicle is a big part of the special exhibition as Porsche presents it as the "the future of the sports car ". Ever since unveiling the concept, Porsche has been saying that the production version, which is expected to launch in 2019, will remain fairly similar.

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  • Verizon names chief technology officer as new CEO
Verizon names chief technology officer as new CEO

He previously was CEO at Ericsson before exiting in mid-2016. Verizon Communications's Lowell McAdam , the telco giant's CEO since 2011 and chairman since 2012, is retiring, the company said today. Hans Vestberg led more than 115,000 employees as Ericsson transformed from a focus on hardware to software and services. McAdam is one of the ...

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  • Waterloo firefighters among those supporting Tim Hortons' Camp Day
Waterloo firefighters among those supporting Tim Hortons' Camp Day

But the impact of Camp Day that the firefighters were helping out with can be very real for youths facing barriers to success, said Tim Hortons. Tim Hortons on Bernard Avenue in Kelowna saw a steady line all morning long, for Camp Day. Returning for the third year are limited edition Camp Day bracelets, available now for a donation of $2.00. Yo...

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  • Movie mogul Weinstein pleads not guilty to rape charges
Movie mogul Weinstein pleads not guilty to rape charges

Appearing on "TODAY" this morning for her first televised interview since coming forward with her own allegations against Harvey Weinstein past year, and the Oscar-winning actress offered a hopeful, if pragmatic answer as to how she felt seeing the former producer arrested and arraigned late last month.

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  • Tensions high as G7 Summit kicks off in Quebec
Tensions high as G7 Summit kicks off in Quebec

This year's G7 summit comes at a time, when leaders of seven major economies view the current global order as a historic division between Washington and its major allies in North America, Europe and Asia. Senate Minority Leader Chuck Schumer joined in the pile-on of criticism saying, "readmitting Russian Federation to the G7 would reward Vladi...

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  • Federal Recreational Pot Bill Passes Senate, with Numerous Amendments
Federal Recreational Pot Bill Passes Senate, with Numerous Amendments

Now the vote goes back to the House of Commons and it will be up to the government to approve, modify or reject the changes before it rolls back to the Senate for another vote. Prime Minister Justin Trudeau has previously said he hopes to legalize the sale of pot by this summer. Once the bill passes another vote in the Senate, provinces and terri...

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  • UK's Poundworld to appoint administrators
UK's Poundworld to appoint administrators

The administration will be handled by Poundworld's advisers Deloitte. Sky News , which revealed Alteri's move, said United States firm Flacks, which expressed interest in Poundland, was no longer considered a contender. Poundworld losses in 2016/17 were £17.1m. Read about the House of Fraser and its Carlisle store here . Several retailers hav...

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  • Oil prices rise on ongoing Venezuelan supply trouble
Oil prices rise on ongoing Venezuelan supply trouble

USA crude inventories rose 2.1 million barrels in the week to June 1, the Energy Information Administration said, a surprise after analysts had forecast a decrease of 1.8 million barrels. US crude was down nearly twice as much as Brent, widening its discount from Tuesda. Despite Friday's decline, Brent remains more than 15 percent above its level...

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  • G7 leaders meet amid fear of a global trade war
G7 leaders meet amid fear of a global trade war

The levy has prompted angry reaction from Trudeau and Foreign Affairs Minister Chrystia Freeland. Trudeau has criticized Putin, saying Russia's deeds speak volumes about its intentions. Trump had tweeted that he was heading to Canada for the annual G-7 summit, where he also hopes to hold talks that will mostly center on the "long time unfair tr...

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  • 1,300 TSB Bank Customers Had Money Stolen By Fraudsters, Boss Admits
1,300 TSB Bank Customers Had Money Stolen By Fraudsters, Boss Admits

The committee heard 370 TSB customers who asked to switch their accounts to another bank were sent letters telling them they had died and the organisations they paid direct debits too were also told they were dead. I am deeply concerned by TSB's poor communications about the scale and nature of the problems it has faced; by its response to customer...

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  • U.S. sees trade deficit fall to 7-month low
U.S. sees trade deficit fall to 7-month low

Data for March was also revised to show a trade deficit of $47.2 billion instead of the previously reported $49 billion. The April decrease in the goods and services deficit reflected a decrease in the goods deficit of $1.0 billion to $68.3 billion and a decrease in the services surplus of less than $0.1 billion to $22.1 billion.

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  • Trump Feuds With Leaders of France, Canada Before Summit
Trump Feuds With Leaders of France, Canada Before Summit

Even Trudeau and French President Emmanuel Macron - who have both previously shown a willingness to swallow their differences with Trump - have voiced their willingness to cut the United States adrift if they can not reach some kind of consensus at the summit.

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  • Google bars uses of its artificial intelligence tech in weapons
Google bars uses of its artificial intelligence tech in weapons

The ethical principles are a response to a firestorm of employee resignations and public criticism over a Google contract with the Defense Department for software that could help analyze drone video, which critics argued had nudged the company one step closer to the "business of war".

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  • Ghana FA looking into corruption claims as fallout continues
Ghana FA looking into corruption claims as fallout continues

But he, alongside Sulley Muntari, was sacked after allegedly disrespecting some officials of the Ghana Football Association (GFA) during discussions over the team's bonuses. According to the astute football administrator, who is known in the football circles as "Micky Charles", "these are not good times for Ghana football, but I would call for affi...

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  • United Kingdom publishes Brexit customs plan after May-Davis fight
United Kingdom publishes Brexit customs plan after May-Davis fight

The Prime Minister and Brexit secretary have been at loggerheads over the Government's latest backstop plan to avoid a hard border between Ireland and Northern Ireland after Brexit . According to the prime minister's deputy spokeswoman, May held "constructive" discussions with Davis, as well as separate meetings with International Trade Se...

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