Business

YI Technology Announces Upcoming VR180 Camera with Google

YI Technology Announces Upcoming VR180 Camera with Google

YouTube is working on a new virtual reality format for creating content in 180-degrees rather than the 360-degrees typically associated with VR. Google wants to boost VR content and to do that it has launched an all new video format.



Russian Federation slams Trump's policy on Cuba

President Donald Trump on Friday ordered tighter restrictions on Americans traveling to Cuba and a clampdown on usa business dealings with the island's military, saying "with God's help a free Cuba is what we will soon achieve". "It's like we are returning to the Cold War", said Cuban designer Idania del Rio, who joined a group of friends in a hotel in Old Havana to watch the speech in English on CNN.


U.S. regulators, lawmakers support Volcker rule revamp at hearing

U.S. regulators, lawmakers support Volcker rule revamp at hearing

The Federal Reserve says all of the country's big banks passed this year's stress test, in which regulators create a scenario where unemployment surges and banks lose hundreds of billions of dollars in loans. But any bank that fails will have to draw up new plans and won't be allowed to pay dividends to shareholders until it has been approved by regulators.



Funeral Today for Otto Warmbier

About 2,000 people packed into a school for Otto Warmbier's funeral Thursday in Wyoming, near Cincinnati. His parents, Fred and Cindy Warmbier, told CNN in early May that they had had no contact with their son for more than a year. He was arrested at Pyongyang airport as he was about to leave. American student Otto Warmbier , center, is escorted March 16, 2016, at the Supreme Court in Pyongyang, North Korea .


49pct of Turkey's Akkuyu nuclear plant up for grabs

49pct of Turkey's Akkuyu nuclear plant up for grabs

The signing took place during the yearly worldwide nuclear forum Atomexpo 2017. "The construction in the project starts this year". In particular, the matter concerns the collaboration in projects for construction of the 5th and 6th power units at Shin Kori nuclear power plants.



Fed announces rise in key rate, plan for bonds

Fed Chair Janet Yellen was holding a press conference at 2:30 p.m. EDT (1830 GMT). The dollar.DXY was largely flat against a basket of currencies after reversing earlier losses, while the price of gold fell. There has been a predictably sizeable focus on the Fed's $4.46 billion balance sheet, where the statement around the balance sheet did change enough to provide strategists with a belief normalisation is set to start from the September or October meeting.