All news

Microsoft data warrant case in top US court has global implications

Microsoft faces off with the US government before the Supreme Court Tuesday over a warrant for data stored abroad that has important ramifications for law enforcement in the age of global computing.The case, which dates back to 2013, involves a US warrant ordering Microsoft to turn over the contents of an email account used by…

Greek bank efforts bearing fruit but more remain to be done: ECB

Greek banks’ efforts have started bearing fruit but the very high stock of non-performing loans remains a thorny issue, European Central Bank chief supervisor Daniele Nouy said Sunday. ‘We must acknowledge that the efforts of Greek banks since 2015 have started bearing fruit,’ Nouy told Vima newspaper.‘Gradual progress is being made in reducing the very high…

‘Crunch time’ for UK’s May as she sets out Brexit plan

Britain’s opposition Labour Party warned on Sunday that it could team up with Conservative rebels to force the country to become part of an EU customs union, a move that could threaten Theresa May’s government.Labour’s Brexit spokesman Keir Starmer warned May that ‘crunch time is coming’ over her Brexit plans, which she will set out…

Beijing protests US sanctions on Chinese firms over N. Korea ties

Beijing has protested against Washington’s decision to impose sanctions against Chinese companies accused of conducting illicit economic deals with North Korea, the foreign ministry said. US President Donald Trump on Friday announced measures targeting more than 50 North Korea-linked shipping companies, vessels and trade businesses, hailing the package as the ‘heaviest sanctions ever’ levied on the…

China, voracious buyer of foreign agricultural land

A Chinese tycoon’s purchase of vast wheat fields in France highlights China’s increasing acquisition of foreign farmland as the Asian giant seeks to keep up with its massive population’s growing appetite.With 1.4 billion mouths to feed – one-fifth of the world’s population – but less than 10 percent of the planet’s arable land, China has…

Wheels come off Gobee.bike hire service in France

People wanting to get on their bikes in France have one option less to do so after the Gobee.bike hire service said Saturday it was closing following a welter of thefts and vandalism.‘It is with great sadness that we are officially announcing to our community the termination of Gobee.bike service in France on 24 February…

Australian market set for positive start

Australia’s share market it set for a positive start thanks to a good session in the United States. The futures market is pointing to a 31 point rise for the ASX200 at the start of trade. ‘It was a very good session in the United States,’ CommSec chief economist Craig James told AAP. ‘All the…

Turnbull lauds US trip as ‘very valuable’

Australian Prime Minister Malcolm Turnbull has declared his visit to Washington DC a success after ‘frank and productive meetings’ with US President Donald Trump, military leaders, business executives and more than 40 state governors. Mr Turnbull and his wife Lucy departed the US for Canberra on Saturday (Sunday morning AEDT). They gave Mr Trump and…

China proposes removing term limit for Xi

China’s ruling Communist Party has set the stage for President Xi Jinping to stay in office indefinitely, with a proposal to remove a constitutional clause limiting presidential service to just two terms in office. Xi, 64, is currently required by the country’s constitution to step down as president after two five-year terms. Nearing the end…

Labor ready for the Tony and Barnaby show

Labor is expecting Barnaby Joyce to stir up trouble for the Turnbull government from the backbench alongside former prime minister Tony Abbott. “They will be like Statler and Waldorf from the Muppet Show, the government’s greatest critics, trying to bring Malcolm Turnbull and the government down,” Labor frontbencher Jason Clare told ABC television on Sunday….