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Iranians Hoard Gold Ahead of U.S. Sanctions

Iranians Hoard Gold Ahead of U.S. Sanctions

Iranians are hoarding gold as a safeguard against a collapsing local currency and soaring cost of living as the U.S. is poised to impose economic sanctions on Iran, pushing the metal’s price to record highs in Tehran.

Published 1 week ago

Profits Surge at Big U.S. Firms

Profits Surge at Big U.S. Firms

America’s biggest companies are reporting some of the strongest earnings growth since the recession, boosted by lowered tax rates and a robust U.S. economy that is fueling demand across industries.

Published 1 week ago

U.S. Officials Push New Penalties for Hackers of Electrical Grid

U.S. Officials Push New Penalties for Hackers of Electrical Grid

Top administration officials are devising new penalties to hit back more forcefully at state-sponsored hackers of critical infrastructure to deter attacks such as the successful penetration of U.S. utilities by Russian agents last year.

Published 1 week ago

Scores Killed in Latest Indonesian Earthquake

Scores Killed in Latest Indonesian Earthquake

A magnitude 7.0 quake has killed at least 82 people, injured hundreds and displaced thousands of others on and around the popular tourist island of Lombok.

Published 1 week ago

Some Traders Are Talking Up Cryptocurrencies, Then Dumping Them, Costing Other Millions

Some Traders Are Talking Up Cryptocurrencies, Then Dumping Them, Costing Other Millions

‘Pump groups’ fuel millions in trading activity, with price rises followed by quick falls

Published 1 week ago

‘Move It Along’: Manafort Judge Sets a Brisk Pace for Prosecutors

‘Move It Along’: Manafort Judge Sets a Brisk Pace for Prosecutors

U.S. District Judge T.S. Ellis has consistently reined in prosecutors for special counsel Robert Mueller as they introduced evidence in the trial against ex-Trump campaign chairman Paul Manafort, forcing them to focus on core allegations.

Published 1 week ago

Tata ready to push forward after tumultuous 18-month legal battle

Tata ready to push forward after tumultuous 18-month legal battle

New chairman aims to reinvigorate Indian group in wake of damaging boardroom feud

Published 1 second ago

Thai junta opens investigation into opposition party

Thai junta opens investigation into opposition party

Growing signs that military reluctant to allow return to competitive democracy

Published 1 second ago

Venezuela Attack Raises Crackdown Fears

Venezuela Attack Raises Crackdown Fears

Venezuelan authorities said they arrested six suspects tied to an alleged plan to assassinate President Nicolás Maduro. Critics warned that Mr. Maduro could use the purported plot as a pretext to intensify a crackdown on dissidents.

Published 1 week ago

Privaty equity groups fear US clampdown on Chinese investors

Privaty equity groups fear US clampdown on Chinese investors

Proposed shake-up of Cfius, US agency that vets foreign investment, could stymie funding deals

Published 1 second ago

Hammond warns over French effort to stifle City with red tape

Hammond warns over French effort to stifle City with red tape

Chancellor urges ‘alternative paths to growth’ to tackle post-Brexit predicament

Published 1 second ago

Trump Defends Son’s Meeting With Russian Lawyer

Trump Defends Son’s Meeting With Russian Lawyer

President Trump acknowledged Sunday that a meeting his son held with a Russian government lawyer in June 2016 was an attempt “to get information on” Democrat Hillary Clinton but defended the encounter as “totally legal.”

Published 1 week ago