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Greece’s opposition leader promises lower taxes and ‘aggressive’ growth as election looms

Greece’s opposition leader promises lower taxes and ‘aggressive’ growth as election looms

Under its current agreement with creditors, Greece has to hit the 3.5 percent level of budget surplus until 2022 or else it does not receive concrete debt relief measures. Nonetheless, Mitsotakis said he would seek to renegotiate that threshold. "Mr Tsipras has agreed to primary surpluses of 3.5 percent until 2022. I think this is…
New Zealand’s former leader denies authoring pro-China op-ed for Communist Party newspaper

New Zealand’s former leader denies authoring pro-China op-ed for Communist Party newspaper

"It is important for the foreign minister and prime minister and others to understand that I would never think of getting into a public situation like this at such an important time for New Zealand's relationship," Shipley said in an interview with the New Zealand Herald. This controversy comes at a time of heightening tensions…
Microsoft says hackers tried to breach European think tanks and non-profit organizations

Microsoft says hackers tried to breach European think tanks and non-profit organizations

A spokesperson for the German Council on Foreign Relations confirmed that the organization was "the target of cyber attacks during a limited period on the past year." "This is an ongoing investigation upon which we cannot comment further at this time," the spokesperson told CNBC, adding that the think tank had been implementing "a range…
Any new US tariffs on Chinese goods will be ‘catastrophic’ for global stocks: China state-run media

Any new US tariffs on Chinese goods will be ‘catastrophic’ for global stocks: China...

"In terms of avoiding such blows, the Trump administration is probably the most pressured," the Global Times claimed. "Thus in general, by the end of the trade negotiations, China and the US have become more psychologically equal." Trade tensions escalated last year when the Trump administration applied tariffs on $250 billion of Chinese goods, while…
Skills shortage is stopping many Asian companies from embracing A.I., study shows

Skills shortage is stopping many Asian companies from embracing A.I., study shows

Microsoft and IDC surveyed business leaders and workers in 15 Asia Pacific countries for the "Future Ready Business: Assessing Asia's Growth Potential Through AI" report. Innovation, competitiveness, customer engagement, higher margins and employee productivity were some of the reasons given by companies for adopting AI. "Asia Pacific is not ready yet for AI," Victor Lim,…
Fire hits pumping station, disrupts Venezuela crude transportation

Fire hits pumping station, disrupts Venezuela crude transportation

Valery Sharifulin | TASS | Getty Images A fuel filling station of PDVSA, the Venezuelan state-owned oil and natural gas company. A fire hit a crude oil pumping station in Venezuela's Orinoco belt region on Tuesday, state-owned oil company Petroleos de Venezuela (PDVSA) said, disrupting crude transportation as the cash-strapped firm struggles with the impact…
UK defense think tank warns that allowing Huawei into 5G network is ‘irresponsible’

UK defense think tank warns that allowing Huawei into 5G network is ‘irresponsible’

A British defense and security think tank has warned that it would be "naive" and "irresponsible" to let Chinese telecommunications company Huawei supply equipment for the U.K's ultra-high speed 5G mobile networks, the Financial Times reported Wednesday. Huawei, the world's largest producer of telecoms equipment, has been under the spotlight over allegations that the Chinese…
Ethics watchdog refuses to certify financial disclosure from Commerce Secretary Wilbur Ross

Ethics watchdog refuses to certify financial disclosure from Commerce Secretary Wilbur Ross

The government's top ethics watchdog disclosed Tuesday that it had refused to certify a financial disclosure report from Commerce Secretary Wilbur Ross. In a filing, the Office of Government Ethics said it wouldn't certify the 2018 annual filing by Ross because he didn't divest stock in a bank despite stating otherwise. The move could have…
Elon Musk says Tesla won’t be getting involved with cryptocurrency

Elon Musk says Tesla won’t be getting involved with cryptocurrency

Aly Song | Reuters Tesla CEO Elon Musk and Shanghai's Mayor Ying Yong attend the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. Despite tweeting about bitcoin, Elon Musk says his electric car company is steering clear of cryptocurrencies. The world's first and largest digital currency is "interesting," and could be a…
Stocks making the biggest moves after hours: Devon Energy, Concho Resources, Cadence Design and more

Stocks making the biggest moves after hours: Devon Energy, Concho Resources, Cadence Design and...

Check out the companies making headlines after the bell: Devon Energy shares surged more than 6 percent after reporting fourth-quarter earnings and plans to separate its Canadian and Barnett Shale assets. The company said these plans aim "to complete the transformation to a high-return U.S. oil growth business." The oil producer's adjusted earnings per share…

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