NVIDIA introduces world’s first ray tracing GPU at SIGGRAPH conference

Suddenly that $190 million loss looks rather positive. These types of processors excel at making multiple small calculations at the same time, the type of capability that's well-suited for the creation of ethereum and other crypto tokens. Huang said ... More..

by | Published 14 hours ago
It will be tough for Trump’s SEC to overhaul reporting rules
by | Sunday, August 19, 2018

It will be tough for Trump’s SEC to overhaul reporting rules

The SEC consists of five commissioners appointed by the president , although there now are only four in place, three named by Trump . The Commissioners' offices did not immediately respond to a request for ...More..

Google employees question company plans for Chinese search engine
by | Sunday, August 19, 2018

Google employees question company plans for Chinese search engine

It's worth noting that Google's top management hasn't yet spoken on the Dragonfly project. Sundar Pichai told a company-wide meeting that providing more services in the world's most populous country fits wi...More..

SEC scrutiny of Tesla grows as Goldman hints at advisor role
by | Saturday, August 18, 2018

SEC scrutiny of Tesla grows as Goldman hints at advisor role

The Saudi fund has acquired almost 5 percent of Tesla by accumulating shares on the open market. SEC spokeswoman Judith Burns and a Tesla spokesman declined to comment. Musk will also likely require clearance...More..

Grappling with tweet aftermath, Musk acknowledges exhaustion
by | Saturday, August 18, 2018

Grappling with tweet aftermath, Musk acknowledges exhaustion

Musk told the Times he stands by the tweet. Musk stated that he wanted to offer a roughly 20 percent premium over what the stock was trading at, which would have been roughly $419, so he rounded to $420. It...More..

Donald Trump Challenges Turkey: ‘We Are Not Going to Take It’
by | Saturday, August 18, 2018

Donald Trump Challenges Turkey: ‘We Are Not Going to Take It’

Mr Brunson denies any involvement. They came out. They want to hold our wonderful pastor. Last week the United States doubled tariffs on aluminium and steel imports from Turkey, during a dispute over Turkey's...More..

Turkish finance chief tries to reassure investors on crisis
by | Saturday, August 18, 2018

Turkish finance chief tries to reassure investors on crisis

The lira held steady during Albayrak's conference call but later weakened when Treasury Secretary Steven Mnuchin said the United States was prepared to levy more sanctions on Turkey if detained Americ...More..

by | Friday, August 17, 2018

Turkish firms cancel iPhone orders amid nationwide boycott on United States products

At 1612 GMT the currency TRYTOM=D3 stood at 6.0700 to the dollar, almost 5 percent weaker. Investors, already anxious about Turkey's economy, were irked by a diplomatic and trade dispute with the United S...More..

Turkey's economy suffers amid USA sanctions and tariffs
by | Friday, August 17, 2018

Turkey's economy suffers amid USA sanctions and tariffs

Erdogan, a self-described "enemy of interest rates", wants to lower borrowing costs despite high inflation. It has so incensed Washington that the 2019 NDAA - a bill that sets out the U.S. Qatar said it would ...More..

Turkey, Russia agree on partial lifting of visas
by | Friday, August 17, 2018

Turkey, Russia agree on partial lifting of visas

Turkey and the USA are now experiencing rocky relations following Washington's imposition of sanctions on two government ministers who "played leading roles in the arrest and detention" of American pastor Andre...More..

Reuters Poll: China unperturbed by trade war at the street level
by | Friday, August 17, 2018

Reuters Poll: China unperturbed by trade war at the street level

China's government says it has filed a challenge to a us tariff hike on solar panels in the World Trade Organization, adding to its sprawling trade dispute with President Donald Trump. On July 6, US tariffs on...More..

Turkish president says the country will boycott United States electronics
by | Friday, August 17, 2018

Turkish president says the country will boycott United States electronics

Turkish President Recep Tayyip Erdogan's move to double the tariffs on a range of American imports is "regrettable and a step in the wrong direction", a National Security Council spokesperson told The Epoch...More..

Erdogan says Turkey to boycott US electronic goods
by | Thursday, August 16, 2018

Erdogan says Turkey to boycott US electronic goods

It recovered by 5% to around 6.05 lira per dollar on Wednesday, after the government took steps to shore up the currency by reducing the daily limit in bank foreign currency swap transactions. USA exports...More..

Turkey to boycott USA products including iPhone, says Erdogan
by | Thursday, August 16, 2018

Turkey to boycott USA products including iPhone, says Erdogan

A decree signed by Mr. Erdogan doubled Turkish tariffs on passenger cars to 120%, on alcoholic drinks to 140% and on leaf tobacco to 60%. Ankara said it will impose extra tariffs on imports of produ...More..

Bitcoin And Ether Show Lack Of Momentum As Crypto Market Drops
by | Thursday, August 16, 2018

Bitcoin And Ether Show Lack Of Momentum As Crypto Market Drops

A late Saturday reversal continued into the early hours of Sunday morning, with Bitcoin pulling back to a start of a day intraday low $6,162 before recovering to $6,300 levels, the day's low steering clear of...More..

Turkish lira rallies as Qatar makes $15 bil. loan pledge
by | Thursday, August 16, 2018

Turkish lira rallies as Qatar makes $15 bil. loan pledge

The Turkish government doubled its tariffs on imports of American cars and alcoholic beverages to 120 and 140 percent, respectively, CNN reported . "Qatar has pledged United States dollars 15 billion of dire...More..

China Is Sending a Trade Envoy to Washington Amid Tariff Dispute
by | Thursday, August 16, 2018

China Is Sending a Trade Envoy to Washington Amid Tariff Dispute

China's Commerce Ministry said Thursday that a vice minister will travel to the U.S.at an unspecified date, at the invitation of the Treasury Department, to discuss trade issues. Another $16 billion in levies w...More..

Canada's largest cannabis company pens historic $5 billion deal
by | Thursday, August 16, 2018

Canada's largest cannabis company pens historic $5 billion deal

Molson Coors said this month its Canadian arm would make cannabis-infused drinks with Hydropothecary Corp ( HEXO.TO ). "Through this investment, we are selecting Canopy Growth as our exclusive global cannab...More..

Qatar Rescues Turkey With $15 Billion
by | Thursday, August 16, 2018

Qatar Rescues Turkey With $15 Billion

Erdogan issued the call and announced a massive hike in tariffs on USA goods this week after the US raised tariffs on Turkish imports and aimed new sanctions at Turkish officials in the row over American Pastor...More..

Anger grows in Italy as Genoa bridge death toll reaches 39
by | Thursday, August 16, 2018

Anger grows in Italy as Genoa bridge death toll reaches 39

The death toll has risen to 42 after a horrifying bridge collapse in Genoa, Italy . Interior Minister Matteo Salvini said three children were among the dead. Davide Capello, 33, a former goalkeeper for Serie...More..

Retail inflation slows to 9-month low at 4.17%
by | Thursday, August 16, 2018

Retail inflation slows to 9-month low at 4.17%

The Consumer Price Index (CPI) rose to 2.5 percent in July from a previous 2.4 percent recorded in the three previous months, the Office for National Statistics (ONS) said. Government data released on Monday ...More..

Turkish court rejects appeal to release USA pastor
by | Thursday, August 16, 2018

Turkish court rejects appeal to release USA pastor

In other words, the US has become the backbone of the new global order in which all global powers can unite against the United States' irrational and undiplomatic actions. "They are squeezing lira liquidity out...More..

Turkey doubles tariffs on some US imports; lira rallies
by | Wednesday, August 15, 2018

Turkey doubles tariffs on some US imports; lira rallies

Tariffs were also doubled on goods such as cosmetics, rice and coal. Turkey and the USA have been locked in a heated crisis emanating from unjust sanctions and the actions of Trump, as Washington levied sa...More..

Donald Trump calls former aide Omarosa Manigault a 'dog'
by | Wednesday, August 15, 2018

Donald Trump calls former aide Omarosa Manigault a 'dog'

Mueller III's investigation. In his tweet , Trump praised chief of staff John Kelly for firing Manigault Newman a year ago. Newman, promoting her new tell-all, " Unhinged ", on multiple network and cable o...More..

Turkey releases Greek soldiers as it slaps 140% tariff on American alcohol
by | Wednesday, August 15, 2018

Turkey releases Greek soldiers as it slaps 140% tariff on American alcohol

He suggested Turks would buy local or Korean-made Samsung phones instead, although it was unclear how he meant to enforce the boycott. Erdogan also has called on people to exchange their USA dollars for Tur...More..

by | Wednesday, August 15, 2018

U.S. official warns of more actions against Turkey if pastor not freed

As of 0353 GMT on Wednesday, an index that tracks the dollar against the euro, yen and four other currencies.DXY rose 0.1 percent to trade as high as 96.862, its highest level since reaching 97.447 on June 27, ...More..

Erdogan calls on Turkey to 'boycott' iPhones and other U.S. electronic goods
by | Wednesday, August 15, 2018

Erdogan calls on Turkey to 'boycott' iPhones and other U.S. electronic goods

Erdogan said the nation of 80 million people would stop buying American electronics, condemning the "explicit economic attack" against his country. Apple, iPhone, and iPad are trademarks of Apple Inc., regist...More..

Kansas governor concedes defeat in Republican primary
by | Wednesday, August 15, 2018

Kansas governor concedes defeat in Republican primary

Christine Hallquist made history as the first transgender candidate for a state's governorship after winning the Democratic primary in Vermont on Tuesday. And in Minnesota, Andrea Jenkins became the first ope...More..

Iran offers discount oil to Asia
by | Wednesday, August 15, 2018

Iran offers discount oil to Asia

OPEC agreed in June to increase output by one million bpd in a bid to prevent sharp rallies in crude prices that could potentially curb consumer demand. In terms of oil demand growth, in the worst-case scenario...More..

Turkey's Erdogan pledges boycott on USA electronics
by | Tuesday, August 14, 2018

Turkey's Erdogan pledges boycott on USA electronics

President Donald Trump threatened to double tariffs in retaliation for failing to release pastor Andrew Brunson . Turkey will "start looking for new friends and allies" if Washington maintains its "misguid...More..

Investors Flee Emerging Markets Amid Lira Crisis
by | Tuesday, August 14, 2018

Investors Flee Emerging Markets Amid Lira Crisis

Two additional factors are exacerbating the crisis. The Associated Press reported that Turkish President Recep Tayyip Erdogan did not clarify how the boycott would be enforced in an announcement of the me...More..

Musk in talks with Saudi fund, others on Tesla buyout
by | Tuesday, August 14, 2018

Musk in talks with Saudi fund, others on Tesla buyout

CEO Elon Musk provided insight Monday behind his " funding secured " comment made last week when he floated the idea of taking the automaker private. The PIF board is headed by the Crown Prince Mohammed bin...More..

Sydney rises in the Economist's global liveability rankings
by | Tuesday, August 14, 2018

Sydney rises in the Economist's global liveability rankings

The least liveable of the 140 cities assessed were Nigeria's Lagos, Bangladesh's Dhaka, with the Syrian city of Damascus at the bottom. The ranking is based on five parameters: Political and Social Stability,...More..

Tragedy on the Mendocino Complex; Authorities Announce Firefighter fatality
by | Tuesday, August 14, 2018

Tragedy on the Mendocino Complex; Authorities Announce Firefighter fatality

He's being held on $1 million bail, and faces a maximum sentence of life in prison if convicted. "Both were in for quite a shock when they returned home to a well-fed fish!" read the Cal Fire tweet . Crews a...More..

Rupee breaches 70/$ as investors turn jittery over Turkish currency turmoil
by | Tuesday, August 14, 2018

Rupee breaches 70/$ as investors turn jittery over Turkish currency turmoil

Nervous investors were keeping an eye on developments in Ankara after yesterday's bloodletting that saw the lira hit record lows against the dollar and euro , and equity markets go into freefall on concerns ...More..