World News

ECB’s Coeure opens door to brand new cash boost for banks

FABRICE COFFRINI / AFP / Getty Images Member of the Executive Board of the European Central Bank, Benoit Coeure European Central Bank board member Benoit Coeure said the ECB was discussing the idea of issuing brand new multi-year cheap loans to banks, which in some countries face a funding cliff-edge next year when previous loans must be repaid. Banks in ...

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Trump signs bill to avoid shutdown, declares national emergency

Officials and also also also groups quickly announced lawsuits Friday. California Attorney General Xavier Becerra said he plans to take legal action against the declaration “very soon with sister states.” The American Civil Liberties Union also plans to file a lawsuit. Speaking to reporters Friday morning, acting White House chief of staff Mick Mulvaney said the president intends to create ...

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China’s pouring serious money into potential rivals of SpaceX, Blue Origin

Elon Musk’s SpaceX as well as Jeff Bezos’ Blue Origin have long dominated the news with their respective advances in private space travel industry. however two private Chinese companies are also doing big moves as well as gaining billions in investments as China’s state space agency announces its own ambitious goals. Here’s what’s going on inside the global space race. ...

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Fears of another India-Pakistan crisis after Kashmir attack

Waseem Andrabi/Hindustan Times via Getty Images February 14, 2019: Indian security forces at the site of the explosion on the Jammu-Srinagar highway. A deadly attack on Indian-controlled Kashmir by Pakistani terrorists could prompt brand-new Delhi to respond with punitive action of which could set off a full-blown crisis between the historical enemies. More than 40 Indian security officers died on ...

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Singapore Airlines earnings for the third quarter

The most recent earnings report via Singapore Airlines showed “encouraging signs,” according to one analyst who spoke to CNBC. Those comments came after Singapore Airlines, also known as SIA, reported third-quarter earnings on Thursday which came in above expectations despite a 27 percent drop in net profit compared to the year-ago period. Singapore Airlines made 284 million Singapore dollars (approximately ...

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Goldman Sachs expects Brexit talks to go right down to the wire

ADRIAN DENNIS | AFP | Getty Images Britain’s Prime Minister Theresa May leaves via 10 Downing Street in London on January 29, 2019, to head to the House of Commons. Britain’s embattled Prime Minister Theresa May will be running down the clock with Brexit talks, Goldman Sachs said on Friday. With six weeks to go before the U.K. will be ...

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Spanish prime minister calls snap election after budget fails to pass

PIERRE-PHILIPPE MARCOU | AFP | Getty Images Spanish Prime Minister Pedro Sanchez attends a debate on the government’s 2019 budget during a parliament session in Madrid on February 13, 2019. The government of Spain formally called for a snap general election Friday following its failure to pass its 2019 budget through Congress. Earlier inside week, the ruling Socialist Workers’ Party ...

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