Friday's booming U.S. jobs report should give the Federal Reserve all it needs to stick to its plan not to cut interest rates further in the near future, so when U.S. central bankers meet this week, most of the focus will be on their outlook for next year and beyond. The coming yRead more »
Finland's transportation minister Sanna Marin was selected by her Social Democratic party on Sunday to become the country's youngest prime minister ever, taking over after the resignation of Antti Rinne. The 34-year-old Marin, whose party is the largest in a five-member governing coalition,
For decades Victoria Falls, where southern Africa's Zambezi river cascade down 100 metres into a gash in the earth, have drawn millions of holidaymakers to Zimbabwe and Zambia for their stunning views. While they typically slow down during the dry season, officials said this year had brought an unprecedented
Japan's top steelmaker Nippon Steel Corp may close more blast furnaces as part of plans to reduce domestic facilities to cut costs, said a senior executive, as falling demand and lower Asian steel prices eat into its annual profit forecast. The world's third-biggest steelmaker has 15 blast furnaces
Rwanda on Sunday started a voluntary Ebola vaccination programme at its border with the Democratic Republic of Congo in a bid to prevent the spread of the deadly virus from its neighbour. All countries in high-risk areas, even if not hit by Ebola, had been advised by the WHO to use a new vaccine developed
The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in U.S. money market rates, the Bank for International Settlements said. Cash available to banks for short-term funding all but dried up in late
Turnover on some of the world's biggest currency-trading venues has dropped as falling market volatility prompts some global banks to route more volumes onto their internal platforms, the Bank for International Settlements said in a quarterly report. Electronic trading between banks on the world
Snapchat is preparing to launch a big new feature that uses your selfies to replace the faces of people in videos you can then share. Cameos are an alternative to Bitmoji for quickly conveying an emotion, reaction, or silly situation in Snapchat messages. TechCrunch reached out to Snap, which confirmed
Malaysia has reported its first polio case in 27 years, health authorities said Sunday, announcing a three-month-old baby had been diagnosed on Borneo island. The Malaysian health ministry's director-general, Noor Hisham Abdullah, said the baby from Tuaran in eastern Sabah state had been admitted
LOS ANGELES, (Variety.com) - "Frozen 2" dominated box office charts for the third weekend in a row as Disney's animated sequel scored another $34.7 million in North America. It's now the third movie this year behind Universal's "Glass" and Disney's "Avengers:
The Madison Square Garden Company (MSG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
DoubleLine Capital's CEO joined Yahoo Finance for an exclusive sit-down ahead of the investment firm's 10th anniversary.
The internet’s promise of encouraging free flow of information is facing challenges surrounding misinformation, data breaches, and government censorship — prompting a call for major changes within the network.
Ever since OPEC and its partners decided to cut oil production, some countries have been compliant than others, and the cartel’s de-facto leader Saudi Arabia is now looking for other ways to make rogue members comply with their quota
With Elon Musk narrowly avoiding $150 million in damages in his "pedo guy" defamation case, let's take a look at some of this past week's big ticket headlines.
Women in Saudi Arabia will no longer need to use separate entrances from men or sit behind partitions at restaurants in the latest measure announced by the government that upends a major hallmark of conservative restrictions that had been in place for decades. The decision, which essentially erodes
Germany's Social Democrats (SPD) saved their loudest cheers at their conference this week for the 30-year old leader of the party's youth wing, as he called for more radical labor and social policies and for the SPD to believe in itself. Kevin Kuehnert, known for his relaxed manner and for wearing
Restaurants in Saudi Arabia will no longer need to maintain entrances segregated by sex, the authorities said on Sunday, further eroding some of the world's strictest social rules as sweeping reforms take hold. Previously, Saudi Arabia required all restaurants to have one entrance for families and
The Federal Open Market Committee’s (FOMC) last policy-setting meeting of this year and November’s retail sales data will take centerstage this week.