Digest

World and business news. The world is the totality of entities, the whole of reality, or everything that exists. The nature of the world has been conceptualized differently in different fields. Some conceptions see the world as unique while others talk of a “plurality of worlds”

Iran’s Rial Unexpectedly Rallies After Weeks of Steep Falls

Iran’s Rial Unexpectedly Rallies After Weeks of Steep Falls

Iran’s currency unexpectedly rallied Tuesday after weeks of depreciation linked to renewed American sanctions, sending Iranians rushing to exchange shops...

Giant Coal Plant to Close as Australia Faces Energy Shake-Up

Giant Coal Plant to Close as Australia Faces Energy Shake-Up

One of Australia’s biggest power companies says it will close a major coal-fired power station as it invests in renewable...

EU Warns Facebook Not to Lose Control of Data Security

EU Warns Facebook Not to Lose Control of Data Security

The EU’s top data privacy enforcer expressed worry Tuesday that Facebook had lost control of data security after a vast...

3D Map of Singapore Helps City Planner Prepare for Future

3D Map of Singapore Helps City Planner Prepare for Future

Imagine seeing an incredibly detailed map of your home city in three dimensions, with every citizen carrying a cell phone...

GE, Seeking Path Forward as a Century-old Company, Ousts CEO

GE, Seeking Path Forward as a Century-old Company, Ousts CEO

General Electric ousted its CEO, took a $23 billion charge and said it would fall short of profit forecasts this...

Trump Hits Brazil, India Commerce After Clinching N. American Trade Deal

Trump Hits Brazil, India Commerce After Clinching N. American Trade Deal

Fresh from clinching an updated North American commerce pact, U.S. President Donald Trump on Monday criticized Indian and Brazilian trade...

US Economists Optimistic About Growth, Worried About Tariffs

US Economists Optimistic About Growth, Worried About Tariffs

The economy should grow at a healthy pace this year and next, though the Trump administration’s trade policy will likely...

Instagram Names Adam Mosseri as New CEO

Instagram Names Adam Mosseri as New CEO

Adam Mosseri, a veteran 10-year Facebook executive, will become the new head of Instagram, outgoing co-founders Kevin Systrom and Mike...

Can Wireless Challenge Cable for Home Internet Service?

Can Wireless Challenge Cable for Home Internet Service?

Cellular companies such as Verizon are looking to challenge traditional cable companies with residential internet service that promises to be...

New California Internet Neutrality Law Triggers US Lawsuit

New California Internet Neutrality Law Triggers US Lawsuit

California Gov. Jerry Brown has approved the nation’s strongest net neutrality law, prompting an immediate lawsuit by the Trump administration...

New US-Canada Trade Pact Reached

New US-Canada Trade Pact Reached

After intense last-minute discussions ahead of a self-imposed midnight deadline, U.S. and Canadian officials announced late Sunday they reached a...

Fearing Debt Trap, Pakistan Rethinks Chinese ‘Silk Road’ Projects

Fearing Debt Trap, Pakistan Rethinks Chinese ‘Silk Road’ Projects

After lengthy delays, an $8.2 billion revamp of a colonial-era rail line snaking from the Arabian Sea to the foothills...

Tesla, Musk Settle Fraud Suit for $40M

Tesla, Musk Settle Fraud Suit for $40M

Tesla and its CEO Elon Musk have agreed to pay a total of $40 million and make a series of...

Canada FM Postpones UN Speech as Trade Talks Intensify

Canada FM Postpones UN Speech as Trade Talks Intensify

Canadian Foreign Affairs Minister Chrystia Freeland postponed her U.N. speech Saturday as free-trade talks between the U.S. and Canada intensified....

A Pakistani American Startup Fighting Media Censorship

A Pakistani American Startup Fighting Media Censorship

According to the latest report by the Committee to Protect Journalists in Pakistan, fatal violence against journalists has declined, but...

US Consumers Spend More; Inflation Flattens

US Consumers Spend More; Inflation Flattens

U.S. consumer spending increased steadily in August, supporting expectations of solid economic growth in the third quarter, while a measure...

Google CEO to Testify Before US House on Bias Accusations

Google CEO to Testify Before US House on Bias Accusations

Google Chief Executive Sundar Pichai has agreed to testify before the U.S. House Judiciary Committee later this year over Republican...

Ousting Musk at Tesla Viewed as Difficult, Possibly Damaging

Ousting Musk at Tesla Viewed as Difficult, Possibly Damaging

Tesla without Elon Musk at the wheel? To many of the electric car maker’s customers and investors, that would be...

Facebook Tightens Security After Announcing Breach

Facebook Tightens Security After Announcing Breach

The security breach Facebook announced Friday that affected 50 million users was a setback for the social media giant, which...

Brad Smith on Microsoft’s $40M AI for Humanitarian Action Program

Brad Smith on Microsoft’s $40M AI for Humanitarian Action Program

VOA contributor Greta Van Susteren talks with Brad Smith, Microsoft’s President and Chief Legal Officer about the tech giant’s new...

Italian Stocks Fall on Populist Government’s Spending Plans

Italian Stocks Fall on Populist Government’s Spending Plans

Italy’s stock market fell sharply Friday after the new populist, euroskeptic government announced a sharp public spending increase that will...

Puerto Rico Struggling, Still Open for Tourists, Governor Says

Puerto Rico Struggling, Still Open for Tourists, Governor Says

Puerto Rico Gov. Ricardo Rossello flew to New York this week on a mission: convince potential tourists that the hurricane-ravaged island...