The US Federal Reserve on Wednesday raised the benchmark interest rate by 25 basis points and signalled two more rate hikes in 2018, citing “strengthened” economic outlook in recent months. “In view of realised and expected labour market conditions and inflation,” the Fed decided to raise the target range for the federal funds rate to […]
Google on Thursday honoured pioneering Japanese geochemist Katsuko Saruhashi with a Doodle on her 98th birthday. “Today on her 98th birthday, we pay tribute to Dr. Katsuko Saruhashi for her incredible contributions to science, and for inspiring young scientists everywhere to succeed,” Google said. Renowned for her groundbreaking research focused on acid rain and carbon […]
A tripartite talk between North Korea, South Korea and the US has started in Finland and denuclearisation is not on the agenda, Finnish Foreign Minister Timo Soini has said. No statements were released on Tuesday from Vaanta, where the talks were in progress. The media was not allowed to enter the fenced meeting venue and […]
The ashes of renowned physicist Steven Hawking will be interred in Westminster Abbey here near the graves of ground-breaking scientists Sir Isaac Newton and Charles Darwin. In a statement released by the Abbey on Tuesday, the Very Reverend Dr John Hall, Dean of Westminster, said it was a “fitting” tribute to the British scientist who […]
Best known for her role as Miranda in the hit TV series “Sex and the City”, actress and activist Cynthia Nixon has officially entered the race for the governor of New York, challenging incumbent Andrew M. Cuomo who is seeking his third term, the media reported. “I love New York, and today I’m announcing my […]
The world’s largest social media company Facebook suffered the biggest one-day drop of its stocks by seven per cent on Wall Street on Monday in four years following reported data leakage of its 50 million users for alleged political purposes. The Facebook loss came after US and British media reported that the data of more […]
The US Treasury slapped sanctions on Monday on four current and former senior Venezuelan officials, accusing them of alleged economic mismanagement and corruption. The designated individuals include a director of the country’s National Bank of Housing and Habitat, the head of the body that oversees price controls in Venezuela, the head of the National Treasury […]
Michael Cohen, Donald Trump’s attorney, joked about the ongoing litigation with Stormy Daniels, a porn star who alleges of having an affair with the US President, and suggested that he might use winnings from the case to take a vacation, the media reported. “The more I’m thinking about it, I might even take an extended […]
The Pentagon has announced that the annual military drills between the US and South Korea will start from April 1, the media reported on Tuesday. “US Secretary of Defence James N. Mattis and the South Korea Minister of National Defence Song Young-moo have agreed to resume the annual combined exercises including Foal Eagle and Key […]
Google-owned video platform YouTube opened a “YouTube Space” in Dubai, the first-of-its-kind in the Middle East and North Africa (MENA). Located at Dubai Studio City, the YouTube facility aims “to support the growing creator community in the MENA region by giving them access to a state-of-the-art production space,” Xinhua cited state news agency WAM as […]