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JD.com Announces Establishment of JD Logistics Business Group

Apr 25, 2017 02:10 am UTC| Business

BEIJING, April 25, 2017 -- JD.com, Inc.(NASDAQ:JD), China’s largest online retailer, today announced the establishment of JD Logistics, a new business group under JD.com, which will leverage the company’s advanced...

REVA Arranges Convertible Note Financing

Apr 25, 2017 00:21 am UTC| Business

SAN DIEGO, April 24, 2017 -- REVA Medical, Inc. (ASX:RVA) (“REVA” or the “Company”) is pleased to announce that it has entered into an agreement with several institutional and one corporate investor to provide funding...

Farmers Capital Bank Corporation Announces Common Dividend

Apr 25, 2017 00:00 am UTC| Business

FRANKFORT, Ky., April 24, 2017 -- Farmers Capital Bank Corporation (NASDAQ:FFKT) (the “Company”) announced today that its Board of Directors approved a quarterly cash dividend on the Company’s common stock of $0.10 per...

Nidec to Acquire Secop Group (Secop Holding GmbH and Other 3 Entities), a German Compressor Manufacturer

Apr 24, 2017 23:30 pm UTC| Business

KYOTO, Japan, April 25, 2017 -- Nidec Corporation (TSE:6594)(OTC US:NJDCY)(“Nidec” or the “Company”) today announced that its Board of Directors has approved a resolution to acquire 100% equity shares of Secop Holding...

Jerry Heller's Company Merges With Everlert, Inc. to Create Private Equity Fund for Entertainment Ventures

Apr 24, 2017 23:24 pm UTC| Business

LOS ANGELES, April 24, 2017 -- Everlert, Inc. (the "Company") (OTC:EVLI) today announced that JH Media Group, created and developed by the late Jerry Heller in collaboration with legendary music producer Denny Diante...

Artisan Partners Launches Thematic Fund

Apr 24, 2017 22:35 pm UTC| Business

MILWAUKEE, April 24, 2017 -- Artisan Partners announced today that it launched the Artisan Thematic Fund (NASDAQ:ARTTX). The Fund is managed by Christopher Smith, founding portfolio manager of the Artisan Partners...

ChinaCache Reports Adjusted Fourth Quarter and Full Year 2016 Results from New Value-added Tax Treatment

Apr 24, 2017 22:35 pm UTC| Business

BEIJING, April 24, 2017 -- ChinaCache International Holdings Ltd.("ChinaCache" or the "Company") (Nasdaq:CCIH), a leading total solutions provider ofInternetcontent and application delivery services inChina, today...

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Economy

Trump Threatens 200% Tariff on French Wine Over Macron’s Refusal to Join Peace Board

U.S. President Donald Trump has sparked fresh controversy after saying he would impose a 200% tariff on French wines and champagnes, linking the move to French President Emmanuel Macrons refusal to join his proposed Board...

Asian Stocks Slide as Trump-Greenland Tensions and Japan Election Jitters Rattle Markets

Asian stocks declined broadly on Tuesday, extending sharp losses from the previous session as investors remained cautious amid rising geopolitical tensions and political uncertainty. Regional markets were unsettled by...

Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness

The Bank of Japan (BOJ) is widely expected to raise its economic growth forecast this Friday and signal its readiness to tighten monetary policy further, as persistent yen depreciation and expectations of solid wage growth...

China Holds Loan Prime Rates Steady in January as Market Expectations Align

China kept its benchmark lending rates unchanged for the eighth consecutive month in January, signaling a continued cautious approach to monetary policy amid a fragile economic recovery. The decision, announced on Tuesday,...

Dollar Slides to One-Week Low as White House Threats Spark ‘Sell America’ Trade

The U.S. dollar weakened to its lowest level in a week during early trading on Monday as renewed geopolitical tensions involving the White House and the European Union triggered a broad selloff across U.S. financial...

Politics

Trump Says Greenland Is Key to Global Security After Call With NATO Chief

U.S. President Donald Trump said on Tuesday that he held a very good telephone conversation with NATO Secretary General Mark Rutte, during which they discussed issues of global security, including the strategic importance...

Minnesota U.S. Citizen Detained by ICE in Armed Raid Sparks Outrage and Civil Rights Concerns

A Minnesota mans traumatic encounter with U.S. Immigration and Customs Enforcement has ignited renewed debate over immigration enforcement practices and civil rights under the Trump administration. ChongLy Thao, 56, a...

Russian Drone and Missile Attack Disrupts Power and Water in Kyiv

Russian forces carried out a large-scale combined drone and missile attack on Ukraines capital, Kyiv, early Tuesday, causing significant disruptions to essential infrastructure and injuring at least one person, according...

Trump Administration Appeals Judge’s Order Limiting ICE Tactics in Minneapolis

The Trump administration has filed an appeal against a federal judges ruling that restricts certain tactics used by U.S. immigration agents during enforcement operations in Minneapolis, escalating tensions surrounding...

Syrian Government Consolidates Control as Kurdish Forces Withdraw from Key Regions

Syrian government troops tightened their control over large parts of northern and eastern Syria on Monday after Kurdish-led forces abruptly withdrew, marking a major shift in the countrys balance of power. The pullback by...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10%

Shares of Taiwans Powerchip Semiconductor Manufacturing Corp jumped nearly 10% on Monday following news that U.S. memory chip giant Micron Technology plans to acquire one of Powerchips fabrication facilities in Taiwan,...

Tesla Revives Dojo Supercomputer Project With AI5 Chip at the Core

Tesla Inc (NASDAQ: TSLA) is set to restart development of its next-generation supercomputer, Dojo3, marking a renewed push into artificial intelligence infrastructure. Tesla CEO Elon Musk confirmed on Sunday that work on...

South Korea Seeks Favorable U.S. Tariff Terms on Memory Chip Imports

South Korea is moving to secure favorable treatment from the United States on tariffs affecting memory chip imports, following recent trade actions announced by the U.S. government. A spokesperson from South Koreas...

South Korea Sees Limited Impact From New U.S. Tariffs on Advanced AI Chips

South Koreas trade minister said a newly announced U.S. tariff on certain advanced computing chips is expected to have only a limited short-term impact on South Korean companies, while cautioning that future measures could...

Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains

Elon Musk has escalated his legal battle against OpenAI and Microsoft, seeking up to $134 billion in damages over what he claims are wrongful gains stemming from his early involvement in the artificial intelligence...

Digital Currency