Huawei founder says growth ‘may slow, but only slightly’ after US restrictions
On Thursday, Washington put Huawei, one of China’s biggest and most successful companies, on a trade blacklist that could make it extremely difficult for Huawei to do business with U.S. companies.
Austria chancellor calls for snap election after far-right ally resigns over Russia influence scandal
Heinz-Christian Strache said he was stepping down from his posts as vice-chancellor and Freedom Party chief over the scandal.
Australia’s conservative government on course for ‘miracle’ election victory
The results upended pre-election polls which predicted a Labor victory, though it is unclear whether the Scott Morrison-led coalition can govern with an outright majority or will need to negotiate support from independents.
Uber, Lyft and Pinterest prove that private investors are sucking up all the value
Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.
Why some of the world’s top cybersecurity hackers are paid millions to use their powers for good
There is a shortfall of cybersecurity workers that could reach as high as 3.5 million unfilled roles by 2021. A start-up called Synack provides crowdsourced security and hires freelance hackers to help companies find vulnerabilities.
Exxon evacuates foreign staff from Iraqi oilfield
Production at the oilfield was not affected by the evacuation and work is continuing normally, overseen by Iraqi engineers, state-owned South Oil Company chief Ihsan Abdul Jabbar said, adding that production remains at 440,000 barrels per day.
A start-up trying to usurp Western Union and shake up the $689 billion money transfer market
Western Union isn’t panicked, but the delivery of money around the world is being upended, says CEO of upstart TransferWise. It broke into the market $689 billion market in 2011 and unlike many start-ups is already profitable.
Trump aims to cool tensions in Middle East, but Iran is probably not ready to negotiate
President Donald Trump appears to be paving the way for negotiations with Iran as tensions in the Middle East escalate and oil prices rise.
President Trump’s global juggling act puts China, Iran, Venezuela and North Korea all in play
Succeeding at any one of those challenges would be a major win. Score them all and President Trump’s name would be written large in history books.