Business

Expert believes China's Belt and Road initiative will enhance Russia's security

Expert believes China's Belt and Road initiative will enhance Russia's security

Despite China's pledges of inclusiveness and a level playing field for all, there are concerns over transparency issues and the country's growing clout and its intentions. "And ultimately how much political sovereignty is sacrificed, and what is the risk to completion of projects in the event of a disorderly slowdown in the domestic Chinese economy", said the US investment firm specialising in frontier and illiquid markets.



Trump Democrats escalate calls for inquiry, with Republicans more reserved

Defending Trump's actions, officials played down the importance and secrecy of the information, which had been supplied by Israel under an intelligence-sharing agreement, and Trump himself said he had "an absolute right" as president to share "facts pertaining to terrorism" and airline safety with Russian Federation.


Ford Motor to cut 10 per cent of salaried workforce

Ford Motor to cut 10 per cent of salaried workforce

For the year, earnings slipped 5% to $5.7 billion. In March, Ford said it would invest $1.2 billion in three MI facilities and create 130 jobs in projects largely in line with a previous agreement with the United Auto Workers union. Ford isn't the only automaker looking to get leaner as US demand for new vehicles slows down. President Trump during his campaign for the presidency past year was very critical of the industry's use of plants in Mexico to manufacture vehicles that were to be ...



What's obstruction of justice and does Comey memo on Flynn prove it?

In a memo written in February, Comey wrote that Trump asked him during a one-on-one meeting to stop investigating former national security adviser Michael Flynn, The Times reported. "I'm hard pressed to find a prosecutor who would just look at this and say, OK, just move along", said Jeff Cramer, a former federal prosecutor. "It does raise a lot of questions and I think, like most American and most Wisconsinites, I just want the truth".


Almost 30000 Chinese organisations hit by WannaCry virus

Almost 30000 Chinese organisations hit by WannaCry virus

Victims are merely told to send payment to one of three bitcoin wallets and then wait for a decryption key, said Maya Horowitz, threat intelligence group manager at security firm Check Point. Now, NHS England is cautioning patients to use the trust "wisely", amid growing concerns of thousands of computers turning back on after the incident, the BBC reports .



White House knew sacked adviser was under investigation

Despite knowing of the investigation, Trump appointed Flynn his first national security adviser. A report on Wednesday night made Trump's decision to hire Flynn even more baffling. Another wrinkle in this disaster comes via McClatchy , who reports that in the early months of Trump's presidency, Flynn's priorities were already influenced by his secret lobbying work for Turkey.