Markets
Raytheon Technologies Corporation: UTC, Raytheon make marriage official
Raytheon and United Technologies are in late-stage talks to merge that's according to a report from The Wall Street Journal . It would not inherit United's Carrier air conditioner business or its Otis elevator company, both of which are being spun off under the terms of an earlier deal. [Full Article...]
G-20 leaders express 'serious concerns' about trade tensions
Uncertainty was sense that lingered among the finance ministers of G20 nations as they flew back to their respective countries after wrapping up a meeting in Japan. Mr Trump raised tariffs on about US$200 billion (S$272 billion) in Chinese imports to 25 per cent in response. The study covered the USA tariffs on a total of $250 billion worth of goods from China, and Chinese tariffs on $110 billio... [Full Article...]
Three is switching on a 'true' 5G network in August
EE now only offers 5G in six cities, and promised a total of 16 locations will have 5G before the end of the year. On top of that it's promised 5G mobile and broadband services will launch in 25 towns and cities across the United Kingdom before the end of the year. [Full Article...]
Thick fog causes flight havoc at Sydney’s global airport
On average, Sydney Airport experiences five fog events per year and majority happen in late autumn or winter, she said. Flights to and from Sydney Airport are experiencing delays of up to two hours, which are causing havoc to some passenger's travelling during this NSW Queens Birthday long weekend. [Full Article...]
Stolen Bitfinex BTC Is on the Move
The moves that were reported by Whale Alert are the only ways anonymous Bitcoin transactions can actually be traced and later used for forensic analysis by experts. Earlier this year in February, the United States law enforcement agencies had been able to retrieve 27.66270285 BTC (~$219,745.60) from the Bitfinex theft. [Full Article...]
Democrats slam Trump's use of trade threats against ally Mexico
Trump is confident Mexico will enforce new immigration deal
After the initial tweetstorm, the President is busy at what's fast becoming his weekend White House, Trump National Golf Club in Sterling, Virginia, but he's sure to update the posts when he's done. A former director-general of the World Trade Organization (WTO), Pascal Lamy , said it was understandable that Mexico had sought to extricate itself from the tariff bind, but said Mexico ran the ris... [Full Article...]
Ford government to pass legislation to end Beer Store monopoly
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Almost 300 LCBO agency stores will be opened in Ontario communities, some as early as this summer. The government announcement did not include projected opening dates for each location, but said up to 60 new LCBO outlets will open across the province in August, with all 200 new openings to be completed by the spring of 2020. [Full Article...]