Business

Macron takes power as president of France

Macron takes power as president of France

Macron also held a private meeting on May 14 with outgoing Socialist President Francois Hollande on state affairs, including the transfer of access to France's nuclear missile launch codes. "The world and Europe need France now more than ever and they need a strong France with a sense of its own destiny". Richard Ferrand, the secretary-general of Macron's Republic on the Move, attends a press conference for the upcoming National Assembly elections, at the party headquarters in Paris, ...



C-919: China's first passenger plane completes maiden flight

Even as China says it has 570 orders for its homemade jet which makes its maiden flight today, its state media is downplaying, by a great extent, expectations of its success. "The C919's debut flight is a complete success", said Cai Jun, captain of the flight. China's high-speed railway has been an important market theme, and there is no reason why the home-grown jet story can not become another powerful trading concept.


Apple acquires AI firm Lattice Data for $200mn

Apple acquires AI firm Lattice Data for $200mn

Essentially, what Lattice Data does is take "dark data", or data that is unstructured such as text and images, and turn it into structured data. Lattice.io was co-founded by Michael Carafella, a professor of computer science at the University of MI.



'Cannot Imagine That Russia is Pleased': President Trump on DPRK's Missile Test

The reported altitude would indicate the missile was launched at a high trajectory. South Korea's Joint Chiefs of Staff said that the missile was sacked shortly after 5 a.m. In his inaugural address, Moon suggested that he would look to go to North Korea under the right conditions. Moon called the launch a clear violation of UN Security Council resolutions and said he will deal resolutely against such provocations while leaving the door open for dialogue.



Bank of England ups inflation forecast and lowers growth

Despite a weak first quarter, the economy has performed better than expected since the vote to leave the European Union, and inflation is above target. The bank's previous forecast for inflation was a peak of 2.8% toward the end of 2017, and that forecast was little changed on Thursday . Policymakers also noted that monetary policy could not prevent "the necessary real adjustment as the United Kingdom moves towards its new global trading arrangements".



China pledges USD 124 bln for Silk Road, terms it project of

The United States welcomed efforts by China to promote infrastructure connectivity as part of its Belt and Road initiative and USA companies can offer top value services, White House adviser Matt Pottinger said on Sunday. The North Korean delegation largely kept a low profile at the summit, and there was no evidence that its presence had affected participation despite USA misgivings.