United States

• Friday, January 4th 2019 - 09:10 UTC

  YPF 2012 nationalization case reaches US Supreme Court: US$ 2.5bn at stake

  

  The US Supreme Court will hear this Friday an appeal against an intermediate court decision accepting jurisdiction over Argentina and its majority state-owned oil giant YPF, in a case relating to YPF’s 2012 re-nationalization by Argentina, then under the rule of ex-president Cristina Fernandez.

• Friday, January 4th 2019 - 08:49 UTC

  Ex Credit Suisse bankers and Mozambique officials charged with US$ 2bn fraud

  

  Three former Credit Suisse bankers have been arrested over their alleged role in a US$ 2bn fraud scheme connected to firms in Mozambique, according to US authorities. The men have been released on bail in London while the US seeks their extradition.

• Thursday, January 3rd 2019 - 08:52 UTC

  Apple rattles markets as its sales slow down more than expected: CEO Tim Cook blames China

  

  Apple has rattled investors with news that its sales have been slowing, blaming economic weakness in China. In a surprise disclosure, the iPhone maker said it anticipated revenue of about US$ 84bn for the three months to 29 December. In November it forecast sales of at least US$ 89bn - a prediction that had already disappointed investors.

• Wednesday, January 2nd 2019 - 08:50 UTC

  Trump's ambassador in London questions Mrs. May Brexit deal and leadership

  

  Donald Trump's offer of a “quick, massive, bilateral trade deal” will not be possible if Theresa May's EU withdrawal agreement is approved, the US ambassador to the UK has warned. President Trump had previously said her Brexit proposal sounded like a “great deal for the EU” Woody Johnson told the BBC the UK was “in need of leadership” over Brexit.

• Wednesday, January 2nd 2019 - 08:35 UTC

  Dr. Larry Roberts creator of ARPA, forerunner of Internet has died

  

  United States scientist Larry Roberts who helped design and build the forerunner of the internet has died aged 81. In the late 1960s, he ran the part of the US Advanced Research Projects Agency (Arpa) given the job of creating a computer network called Arpanet.

• Saturday, December 29th 2018 - 21:16 UTC

  Hemp becomes federally legal in US; estimates of a US$ 20bn industry by 2022

  

  After years of prohibition, industrial hemp is now federally legal in the United States. President Trump signed off on the 2018 Farm Bill which redefines hemp as an agricultural commodity, and more importantly, removes it from the Controlled Substances Act.

• Friday, December 28th 2018 - 08:55 UTC

  Oil prices remain under pressure from US stockpiles and concerns with the global economy

  

  Oil prices jumped as much as 3% on Friday to win back a chunk of the ground they lost in the previous session, but growth in U.S. crude stockpiles and ongoing concerns about the global economy kept markets under pressure.

• Thursday, December 27th 2018 - 08:56 UTC

  US citizen becomes first person to cross Antarctica alone and unassisted

  

  A 33-year-old American man has become the first person to cross Antarctica alone and unassisted. Explorer Colin O'Brady finished in 53 days, ahead of British Army Captain Louis Rudd, 49, after an epic race across the ice. Both men set out on 3 November to complete the journey, which killed a British ex-Army officer two years ago.

• Thursday, December 27th 2018 - 08:42 UTC

  Strong 5% rebound of Wall Street markets on pledge the Fed chief will not be ousted

  

  Wall Street marked its best day in 10 years as stocks rallied back on Wednesday, giving some post-Christmas hope to a market that has otherwise been battered this December. The Dow Jones Industrial Average jumped more than 1,000 points — its biggest point-gain ever — rising nearly 5% as investors returned from a holiday break. The benchmark S&P 500 index also gained 5% and the technology heavy Nasdaq rose 5.8%.

• Thursday, December 27th 2018 - 04:58 UTC

  Venezuela calls US “interventionist” for backing Guyana's offshore oil exploration

  

  Venezuela’s foreign ministry on Tuesday described as “interventionist and disrespectful” U.S. comments on a weekend incident in which the country’s navy stopped two ships exploring for oil for Exxon Mobil off Guyana’s coast.