The path of leaving the European Union just got a little bit more complicated for the U.K. Prime Minister Theresa May. Control of the European Parliament, which must approve any Brexit deal, was lost by the Socialist party, already struggling in France, Italy and the Netherlands. Creating the possibility of division that could encumber May’s…
Accusing the head of Samsung Group, the country’s biggest conglomerate, of paying multi-million dollar bribes to a friend of President Park Geun-hye, South Korea’s special prosecutors’ office said it will seek a warrant to arrest Jay Y. Lee . As investigators probed a corruption scandal that resulted in parliament impeaching Park last month, the Samsung Group chief was…
In a sign that Iran’s closest ally in the region is ready to improve its ties with the kingdom, Oman told Saudi Arabia it will join a Saudi-led military alliance, the kingdom’s official news agency reported. The Saudi Press Agency said that announcing the decision to join the Islamic Military Alliance Against Terrorism was Oman’s defense…
The intelligence community of the United States have now agreed that Russia manipulated the results of the 2016 U.S. Presidential elections. What and how they will now use this intelligence will determine the fate of president-elect Donald Trump. James Comey, the Director of the FBI as well as James Clapper, the Director of the National…
As trading desks await the outcome of a ballot that again has the potential to disturb the political order, they are readying for another sleepless night on Dec. 4 after the shock of Britain’s Brexit referendum and Donald Trump’s U.S. presidential election victory. In what is the latest potential banana skin for investors, a judgment on…
Regardless of whether we are responsible for global warming, or not, it is a real phenomenon threatening our coastal cities. In 2015, when a humongous 225 square mile of ice broke off from Antarctica’s Pine Island Glacier, it made scientists ponder what caused such a massive crack. They now have an explanation and you better be…
Due to Britain leaving the European Union, according to a report from a pro-Brexit lobby group, the U.K.’s biggest banks and financial firms could gain an additional 12 billion pounds ($14.6 billion) a year in revenue. The Leave Means Leave campaign said in the report published recently that Britain could be helped in cutting “stifling…
Microsoft will issue a patch on November 8. Microsoft Corp has said a hacking group which has been previously linked to the Russian government is behind the recent cyberattacks. Recent hacking attacks have exploited newly discovered vulnerabilities founding in Windows. In an advisory on its website, Microsoft has said a small number of attacks have…
British Prime Minister Theresa May’s Brexit strategy was one again proved to be close to and in line with the prevailing mood and popular sentiments of the country after evidence emerged in a survey published Tuesday that Britons are more concerned with controlling immigration than maintaining access to the single market. The poll was conducted…
Microsoft’s enterprise customers who are covered by an existing on-going agreement will be affected only when their agreements are renewed. The outcome of Britain’s historic referendum has cast yet another long shadow on the country’s economic and financial outlook. Theresa May’s government is yet to publicly disclose which road she will take when she invokes…
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