UN chief urges ‘massive response’ to avert Somali famine
Author: AFPTue, 2017-03-07ID: 1488893083848523000 MOGADISHU: UN Secretary General Antonio Guterres on Tuesday urged the international community to take action to avert famine in Somalia where a biting drought has left three million people going hungry. Somalia is facing its third famine in the 25 years that it has been embroiled in civil war and anarchy. A 2011 […]
China's ZTE pleads guilty, settles U.S. sanctions case for nearly $ 900 million
NEW YORK/HONG KONG – Chinese telecom equipment maker ZTE Corp has agreed to plead guilty and pay nearly $900 million in a U.S. sanctions case, drawing a line under a damaging scandal that had threatened its cut off its supply chain.While the fine was larger than expected, ZTE, also a major smartphone maker, reported robust […]
What do I need to know about the CIA's hacking programme?
WikiLeaks, the website that specializes in exposing secrets, on Tuesday released what it said were thousands of documents that described internal U.S. Central Intelligence Agency discussions on hacking techniques it has used to circumvent security on electronic devices for spying.Reuters could not immediately verify the contents of the published documents. The following are some questions […]
China's ZTE pleads guilty, settles with U.S. over Iran, North Korea sales
NEW YORK – Chinese telecom equipment maker ZTE Corp has agreed to pay $892 million and plead guilty to criminal charges for violating U.S. laws that restrict the sale of American-made technology to Iran and North Korea.While a guilty plea deals a blow to ZTE’s reputation, the resolution could lift some uncertainty for a company […]
Flipkart looking to raise over $ 1 billion in latest funding round: Source
India’s top e-commerce major Flipkart is holding talks with investors to raise over $1 billion in one of its biggest funding rounds so far, a source familiar with developments said on Wednesday.The source declined to name the potential investors and the exact valuation Flipkart was looking for, but said it hoped the valuation would be […]
Facebook names LinkedIn exec Susan Taylor as accounting chief
Facebook Inc said on Tuesday it appointed LinkedIn executive Susan Taylor as chief accounting officer, effective April 17.Taylor, 48, comes in place of Jas Athwal who resigned as chief accounting officer last year.Taylor is presently the vice president, controller, and chief accounting officer of Microsoft Corp’s LinkedIn Corp. She will resign from the professional social […]
Manchester United's Ibrahimovic strikes twice to win League Cup
Manchester United’s Zlatan Ibrahimovic proved his hunger for silverware has not diminished with age as the Swede’s double earned a 3-2 win over Southampton in an absorbing League Cup final at Wembley on Sunday.After a stirring Saints fightback revived memories of their shock 1976 FA Cup final victory over United and with extra time looming, […]
Congratulations ladies, it’ll take you just 170 more years to get pay parity
Women continue to be underrepresented at all career levels and job providers are not building enough future female talent pipelines, a joint study conducted by the World Economic Forum and consultancy firm Mercer has found. The report, titled ‘Our When Women Thrive, Businesses Thrive’, says that despite an increasing number of women being given leadership […]
India works on formula to regulate iron ore prices – steel secretary on TV
NEW DELHI – India is working on a formulathat might act like a cap on iron ore prices, the country’ssteel secretary Aruna Sharma told CNBC TV18 on Wednesday. “There needs to be some sharing of the profits. We areworking on the end-formula, and maybe we will come up with thelogic very soon,” Sharma said. The […]
Mitchell Marsh out of India tour with shoulder injury
All-rounder Mitchell Marsh has been ruled out of Australia’s remaining two Tests in India with a shoulder injury and will return home, the country’s cricket board said on Wednesday. “Mitchell has been playing with a shoulder injury for most of the summer, which we have been managing up until now, but it has progressively deteriorated […]
