Business


Tillerson straddles fence on U.S. climate change policy at Arctic Council

The U.S. was formally handing over the rotating chairmanship to Finland . Tillerson made the remarks on Thursday while speaking at a meeting of Arctic nations in Fairbanks, Alaska, where the top United States diplomat signed an agreement recognizing the landmark 2015 Paris Agreement, but said Trump would decide whether to leave or weaken the pact.


Consumer prices rebounded 0.2 percent in April

Consumer prices rebounded 0.2 percent in April

In the 12 months through April, the CPI increased 2.2 percent. The biggest rise came from food and non-alcoholic beverages, which reached its highest level for three years at 1.2% for the 12 months to March. However, the likelihood the central bank in the US will increase their rates twice prior to the end of 2017 fell following the release of data on Friday.



Huge cyberattack hits almost 100 countries with 'Wanna Decryptor' malware

Across an ocean, Darien Huss, a 28-year-old research engineer for the cybersecurity firm Proofpoint, was doing his own analysis. Megafon , a Russian telecommunications company, was also hit by the attack. An Indian-origin doctor based in London had warned against the cyber-hack of the NHS just days before it crippled the country's network. Who else has been affected by the attack? Hospitals, schools, companies and governments around the world were assessing the damage Saturday after a ...


Treasurer slams bank 'whinge' but says levy won't increase

Treasurer slams bank 'whinge' but says levy won't increase

Mr Morrison said there was no reason bank customers should have to bear the brunt of the tax, noting "this isn't a levy on their deposits, it's not a levy on their mortgages", and banks will have to be honest about their reasoning for increasing fees.


New rules or rain? Lake Ontario residents seethe over floods

New rules or rain? Lake Ontario residents seethe over floods

It's prompting NY state to declare a state of emergency for Oswego, Jefferson, Cayuga and other counties along Lake Ontario. A Lake Ontario response team has also been created. The state of emergency covers several counties along the lake, including northern Cayuga County. He's urging New York's congressional delegation to support the state's push for the commission to release water through the dam, which could help address flooding along Lake Ontario.