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Economy

WannaCry has already caused massive disruption around the globe. The opposition Labour Party accused the Conservative government of leaving the National Health Service vulnerable. Some have also been machines involved in manufacturing or hospital functions, hard to patch without disrupting operations. "It has been a very strong response", she said.
  • BoE Leave Rates Unchanged, QE Remains Stable

    Economy

    Carney said the BoE had not tried to forecast what would happen if there was a "disorderly Brexit" where Britain crashes out of the European Union without an agreement on future trade relations. With unemployment falling to its estimated equilibrium rate, however, wage growth is expected to recover significantly, and the drag from domestic costs to lessen, over the same period.
  • North Korea missile detected by THAAD, programme progressing faster than expected

    North Korea missile detected by THAAD, programme progressing faster than expected

    Economy

    Cybersecurity researchers on Tuesday said they have found evidence [Kapersky Lab report] that could link North Korea to the recent cyberattack that affected 300,000 computers in 150 countries over the weekend. "We have underestimated North Korea so far that since North Korea is poor, it wouldn't have any technologies". United Nations sanctions monitors have told the council that North Korea has been successful in evading sanctions, by using front companies in China and in Malaysia along with ...
  • Seoul's defense chief confirms THAAD radar detected N. Korea's missile launch

    Seoul's defense chief confirms THAAD radar detected N. Korea's missile launch

    Economy

    The South now hosts 28,500 USA troops. Haley told reporters that North Korea "has become more than just a problem". North Korea repeatedly flaunts that it intends to develop a missile capable of striking the USA mainland. South Korean companies, from vehicle makers to retailers and cosmetics firms, have been hit in China by a nationalist backlash over Seoul's decision to deploy the missile system.
  • South Korea's Moon warns high chance of clashes with North

    South Korea's Moon warns high chance of clashes with North

    Economy

    Haley said the global community wants to be able to support North Korea, but as long as it continues trying to grow its nuclear programme with missile tests, North Korea would remain an "island". US Ambassador Nikki Haley accused North Korea of intimidating the entire worldwide community with its nuclear programme, military ability and cyberattacks.
  • Chancellor says No 10 tensions 'tittle-tattle'

    Chancellor says No 10 tensions 'tittle-tattle'

    Economy

    Then, realizing her remarks might be open to interpretation, added: "That's an age-related comment, nothing else, just in case you try and relay anything into that". We work very closely together. All this media tittle-tattle is just that: "media tittle-tattle". "I wasn't referring to any particular conversation, but I do occasionally swear".
  • Elliott steps up pressure on BHP to ditch petroleum

    Elliott steps up pressure on BHP to ditch petroleum

    Economy

    Its favoured option is a full or partial demerger. BHP Billiton has rejected claims by activist hedge fund Elliott Advisors it is not open to suggestions from shareholders and that it was misleading in its response to Elliott's proposal to significantly restructure its operations.
  • Kremlin tight-lipped on Trump info-sharing

    Economy

    HORSLEY: Here, again, the White House is pushing back, saying there was nothing inappropriate. The Russian intelligence scandal also threatens to corrode trust among allies who had been willing to share classified information with the United States on the understanding it would be handled within the usual guidelines.
  • Macron names Edouard Philippe as French prime minister

    Macron names Edouard Philippe as French prime minister

    Economy

    Steeve Briois, who took Le Pen's place as FN leader when she temporarily stepped down to face Macron in the decisive round of the election on May 7, welcomed her back to the helm of the nationalist, anti-immigrant party in a Twitter message.
  • North Korea rejects UNSC statement on its missile firing

    North Korea rejects UNSC statement on its missile firing

    Economy

    The top American military officer in the Pacific said Wednesday that North Korea's recent military actions are "a recipe for a disaster" and warned against a sense of complacency in the face of increasing tensions on the Korean Peninsula. Moon, South Korea's first liberal leader in almost a decade, said as he took his oath of office last week that he'd be willing to visit North Korea if the circumstances were right.
  • Israel said to be source of intelligence Trump revealed to Russians

    Israel said to be source of intelligence Trump revealed to Russians

    Economy

    Passing along the intelligence from Israel, The Times noted, raises the possibility that the Russians could give it to Iran, their close ally but Israel's main antagonist. CIA Director Mike Pompeo was to brief members of the House intelligence committee late Tuesday. As President, Mr Trump has the power to disclose classified information as he chooses.