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”

US-China Trade Row Threatens Global Confidence: IMF’s Lagarde

US-China Trade Row Threatens Global Confidence: IMF’s Lagarde

The biggest danger from the U.S.-China trade dispute is the threat to global confidence and investment, International Monetary Fund Managing...

Unsold Aluminum Piling Up at Russian Sanctions-Hit Rusal Factory

Unsold Aluminum Piling Up at Russian Sanctions-Hit Rusal Factory

Russian aluminum giant Rusal is stockpiling large quantities of aluminum at one of its plants in Siberia because U.S. sanctions...

Russia Demands Compensation for US Tariffs on Aluminum, Steel

Russia Demands Compensation for US Tariffs on Aluminum, Steel

Russia demanded compensation from the U.S. for its worldwide tariffs on foreign aluminum and steel Thursday, becoming the third influential...

House Panel Cuts Food Stamps, Renews Farm Subsidies

House Panel Cuts Food Stamps, Renews Farm Subsidies

A bitterly divided House panel Wednesday approved new work and job training requirements for food stamps as part of a...

SunPower Buys US Rival SolarWorld to Head Off Trump Tariffs

SunPower Buys US Rival SolarWorld to Head Off Trump Tariffs

SunPower Corp. on Wednesday said it would buy U.S. solar panel maker SolarWorld Americas, expanding its domestic manufacturing as it seeks to...

US Manufacturers Seek Relief From Steel, Aluminum Tariffs

US Manufacturers Seek Relief From Steel, Aluminum Tariffs

President Donald Trump’s tariffs on imported aluminum and steel are disrupting business for hundreds of American companies that buy those...

Zuckerberg Under Pressure to Face EU Lawmakers Over Data Scandal

Zuckerberg Under Pressure to Face EU Lawmakers Over Data Scandal

Facebook Inc’s Chief Executive Mark Zuckerberg came under pressure from EU lawmakers on Wednesday to come to Europe and shed...

Iran Bans Government Bodies from Using Foreign Message Apps

Iran Bans Government Bodies from Using Foreign Message Apps

Iran’s presidency has banned all government bodies from using foreign-based messaging apps to communicate with citizens, state media reported Wednesday,...

Russia Admits to Blocking Millions of IP Addresses

Russia Admits to Blocking Millions of IP Addresses

The chief of the Russian communications watchdog acknowledged Wednesday that millions of unrelated IP addresses have been frozen in a...

Training Surgeons to Perform Robotic Surgery

Training Surgeons to Perform Robotic Surgery

Since 2000, when the U.S. Food and Drug Administration gave approval to the world’s first robotic surgical system, almost 4,000...

EU Pushes to Approve Japan Trade Deal

EU Pushes to Approve Japan Trade Deal

The European Commission will put forward a proposed free-trade agreement with Japan for fast-track approval Wednesday, hoping to avoid a...

Chinese City Turns to Wind Power Lottery

Chinese City Turns to Wind Power Lottery

The city of Yanan, a major wind power base in northwest China’s Shaanxi province, has introduced a lottery system to...

Venezuela Arrests Two Chevron Executives Amid Oil Purge

Venezuela Arrests Two Chevron Executives Amid Oil Purge

Chevron said on Tuesday two of its executives were arrested in Venezuela, a rare move likely to spook foreign energy...

Cambridge Analytica ex-CEO Refuses to Testify in UK

Cambridge Analytica ex-CEO Refuses to Testify in UK

Cambridge Analytica’s ex-CEO, Alexander Nix, has refused to testify before the U.K. Parliament’s media committee, citing British authorities’ investigation into...

More Than 100 Parts for NASA’s Orion Capsule to Be 3-D Printed

More Than 100 Parts for NASA’s Orion Capsule to Be 3-D Printed

More than 100 parts for U.S. space agency NASA’s deep-space capsule Orion will be made by 3-D printers, using technology...

IMF: World Economy Expands Next 2 Years; Growth Fades After 2020

IMF: World Economy Expands Next 2 Years; Growth Fades After 2020

International Monetary Fund experts say the global economy will continue growing well for the next two years, but expect expansion...

Ramaphosa Team to Seek $100B Investment for South Africa

Ramaphosa Team to Seek $100B Investment for South Africa

South African President Cyril Ramaphosa appointed a team of business and finance experts on Monday to hunt the globe for...

Russia’s Drive to Replace Western Power Technology Hits Snag

Russia’s Drive to Replace Western Power Technology Hits Snag

Russia’s drive to build a large power-generating turbine to lessen its dependence on Western technology has suffered a major set-back...

US, Global Tech Firms Vow Not to Aid Governments in Cyberattacks

US, Global Tech Firms Vow Not to Aid Governments in Cyberattacks

Microsoft, Facebook and more than 30 other global technology companies on Tuesday announced a joint pledge not to assist any...

Trump Accuses China and Russia of Manipulating Their Currencies

Trump Accuses China and Russia of Manipulating Their Currencies

U.S. President Donald Trump said on Monday it is unacceptable that Russia and China are devaluating their currencies, days after...

Ramaphosa Team to Seek $8 Billion Investment for South Africa

Ramaphosa Team to Seek $8 Billion Investment for South Africa

South African President Cyril Ramaphosa appointed a team of business and finance experts on Monday to hunt the globe for...

British Facial Recognition Tech Firm Secures US Border Contract

British Facial Recognition Tech Firm Secures US Border Contract

A British technology firm has been awarded a contract by the U.S. Department of Homeland Security (DHS) to use biometric...