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Zuckerberg reassures U.S. Congress on Facebook’s digital currency plans

18 mins ago NAMEX Comments Off on Zuckerberg reassures U.S. Congress on Facebook’s digital currency plans
WASHINGTON (Reuters) – Facebook Inc CEO Mark Zuckerberg sought to reassure skeptical U.S. lawmakers on Wednesday that the company’s planned digital currency Libra would be a force for good that could reduce costs for electronic payments and help more people participate in the global financial system. Appearing in a suit and tie before the U.S. Read More

Walmart offers holiday deals early to avoid shorter holiday season

18 mins ago NAMEX Comments Off on Walmart offers holiday deals early to avoid shorter holiday season
FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Krzaczynski/File Photo WASHINGTON (Reuters) – Walmart Inc (WMT.N) will offer online holiday deals a few days earlier this year in order to minimize the impact from a shorter selling period between Thanksgiving and Christmas, the retailer Read More

Ajax vs Chelsea: Mutual admiration between bosses as young sides prepare to face off in UEFA Champions League

1 hour ago NAMEX Comments Off on Ajax vs Chelsea: Mutual admiration between bosses as young sides prepare to face off in UEFA Champions League
With his team unable to sign players due to a transfer ban, Chelsea boss Frank Lampard is attempting to rejuvenate his side with youth, and says he hopes to follow the Dutch club by achieving success with his young stars. The two clubs face off in Amsterdam with Chelsea looking to draw level with the Read More

KRC Genk vs Liverpool: Reds boss Jurgen Klopp warns Belgian champions ‘can be annoying’ ahead of Group E clash

1 hour ago NAMEX Comments Off on KRC Genk vs Liverpool: Reds boss Jurgen Klopp warns Belgian champions ‘can be annoying’ ahead of Group E clash
Liverpool travel to Belgium to take on KRC Genk in their third match in Group E of the UEFA Champions League with their boss Jurgen Klopp warning the side could prove to be a potential banana skin for his in-form team. The Reds, whose only defeat this season has come in the Champions League, will Read More

UPDATE 2-Chile´s Codelco shuts Andina mine as general strike hits operations

2 hours ago NAMEX Comments Off on UPDATE 2-Chile´s Codelco shuts Andina mine as general strike hits operations
(Adds details on private mining operations, paragraphs 8-14) By Fabian Cambero and Dave Sherwood SANTIAGO, Oct 23 (Reuters) – Chile’s state miner Codelco, the world’s top copper producer, said on Wednesday one of its mines was shut and operations at a smelter drastically reduced amid a general strike as protests and chaos have rocked the Read More

SoftBank adds to financial burden with $10 billion WeWork deal

4 hours ago NAMEX Comments Off on SoftBank adds to financial burden with $10 billion WeWork deal
TOKYO (Reuters) – SoftBank Group Corp’s (9984.T) financial strains escalated on Wednesday as it agreed to spend more than $10 billion to take over office-space sharing startup WeWork, knocking the Japanese tech conglomerate’s already weakened shares. FILE PHOTO: SoftBank Corp placard is prepared during a ceremony to mark the company’s debut on the Tokyo Stock Read More

UPDATE 1-Veoneer cuts sales forecast, remains downbeat on auto industry

5 hours ago NAMEX Comments Off on UPDATE 1-Veoneer cuts sales forecast, remains downbeat on auto industry
STOCKHOLM (Reuters) – Swedish auto technology group Veoneer (VNE.N) (VNEsdb.ST) cut its full-year sales forecast on Wednesday and remained downbeat about global car production, but a smaller-than-expected third-quarter operating loss supported the company’s shares. FILE PHOTO: Jan Carlson, CEO of Veoneer, Inc., watches as his company’s stock begins trading on the floor of the New Read More

Houston Astros’ AJ Hinch ‘very disappointed’ over report of exec’s alleged Roberto Osuna comments

6 hours ago NAMEX Comments Off on Houston Astros’ AJ Hinch ‘very disappointed’ over report of exec’s alleged Roberto Osuna comments
Houston Astros manager A.J. Hinch on Tuesday criticized the leadership of his own franchise after a series of bungled responses to a report alleging a team executive used a player accused of domestic abuse to taunt female reporters in the celebratory aftermath of the team’s American League Championship Series win Saturday. Hinch addressed the report Tuesday before leading his Read More

Zuckerberg faces grilling on Facebook’s ambitious digital currency plans

7 hours ago NAMEX Comments Off on Zuckerberg faces grilling on Facebook’s ambitious digital currency plans
WASHINGTON (Reuters) – Facebook Inc (FB.O) chief executive Mark Zuckerberg will be grilled by lawmakers over the company’s plan to launch a digital currency and efforts to prevent foreign election interference when he appears before a Congressional panel on Wednesday. FILE PHOTO: Facebook Chairman and CEO Mark Zuckerberg addresses the audience on “the challenges of Read More

BBC apologises after Andrew Marr suggested Priti Patel was ‘laughing’

9 hours ago NAMEX Comments Off on BBC apologises after Andrew Marr suggested Priti Patel was ‘laughing’
The BBC has apologised after Andrew Marr accused Priti Patel of laughing during an interview about Brexit. While discussing the subject with the home secretary on his Sunday morning politics show on 13 October, Marr said: “I can’t see why you’re laughing.” Patel appeared to ignore his comment and continued with her answer. The corporation Read More