Three years after Mark Zuckerberg made Brian Action a billionaire, by paying $22 billion for WhatsApp, the messaging app's co-founder has a clear message for the billions of social media drones worldwide - #deletefacebook.
Deutsche Bank shares are down 6%, at their lowest since Nov 2016 (near post-crisis lows), after warning that euro strength and higher funding costs will weigh on revenue in the securities unit this quarter (just a week after the lender voiced optimism about the outlook for the year).
In response to Trump's trade wars, China is preparing to hit back with its own countertariff aimed at Trump’s support base, including levies targeting U.S. agricultural exports from farmbelt states in retaliation to the mounting trade offensive from Washington.
On Tuesday evening anti-government fighters in the embattled East Ghouta suburb of Damascus launched a major attack, firing several missiles and artillery shells into a crowded shopping district of government-held Jaramana area, resulting in a civilian massacre.
Investors are hyped up about Wednesday’s Federal Reserve meeting, but a bigger dynamic that doesn’t hew nicely to a schedule as does U.S. monetary policy isn’t getting the attention it deserves: shifts in commodities.
The Canadian Loonie and Mexican Peso jumped late on Tuesday after a report by the Globe and Mail that the U.S. government has dropped a demand that all vehicles made in Canada and Mexico for export to the United States contain at least 50% U.S. content.
Global shares traded in the red, and the dollar slumped before a hike in US interest rates, while awaiting key guidance on how many more to expect for this year. S&P futures were little changed, while markets in Europe and Asia dropped.
"Washington could not care less about its allies, which is clear from its opposition to this project. Its interests are self-centered. The US is not only promoting its liquefied gas supplies in Europe but is also trying to make it easier to pay for its plan to keep Ukraine in its orbit to use as a springboard right on the Russian border..."
Amid a relative detente in US-North Korea relations, Germany's foreign intelligence agency told lawmakers that North Korean rockets tipped with a nuclear warhead now have the capacity to strike Germany and central Europe.
Civil libertarians and security researchers have long been concerned that otherwise inadmissible intelligence from the agency is used to build cases against Americans though a process known as "parallel construction."