Bitcoin rises to all-time high exchange rate above $2,400

Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology. Blockchain, the underlying technology behind bitcoin, is a financial ledger maintained by a network of computers that can track the movement of any… Read More Bitcoin rises to all-time high exchange rate above $2,400

Egypt ban Al Jazeera, 20 other websites for allegedly supporting terrorism

Egypt has banned 21 websites, including the main website of Qatar-based al Jazeera television, for allegedly supporting terrorism, state news agency MENA and security sources said on Wednesday. Five websites named by local Egyptian newspapers and broadcasters, including the Al Jazeera website, have been found inaccessible. MENA cited a senior security source as saying the… Read More Egypt ban Al Jazeera, 20 other websites for allegedly supporting terrorism

Five dead, six injured as al-Shabaab bomb attack hits Somali capital

A bombing claimed by Islamist insurgents killed five civilians and injured six more in the Somali capital on Wednesday, a spokesman for the city’s mayor said, underscoring the militants’ ability to carry out attacks despite territorial losses. Bombings are a near-daily occurrence in Mogadishu. Most are claimed by the al Qaeda-linked al Shabaab militia, which… Read More Five dead, six injured as al-Shabaab bomb attack hits Somali capital

U.S. government files lawsuit against Fiat Chrysler for excess emissions

The U.S. government filed a civil lawsuit on Tuesday accusing Fiat Chrysler Automobiles NV of illegally using software to bypass emission controls in 104,000 diesel vehicles sold since 2014. The U.S. Justice Department lawsuit, filed in U.S. District court in Detroit, is a procedural step that may ramp up pressure on Fiat Chrysler and comes… Read More U.S. government files lawsuit against Fiat Chrysler for excess emissions

U.S. President Donald Trump arrives Italy for meeting with Pope Francis, Italian leaders

U.S. President Donald Trump arrived in Italy on Tuesday ahead of meetings with Pope Francis and Italian leaders, on the third leg of his first international trip since taking office. Trump’s meeting with the head of the world’s 1.2 billion Roman Catholics on Wednesday comes after the pair sparred at a distance on issues including… Read More U.S. President Donald Trump arrives Italy for meeting with Pope Francis, Italian leaders

Apple and Nokia settle legal battle, sign new patent deal

Nokia has settled its legal battle with Apple with a new patent license agreement and also signed a business deal with the U.S. giant, surprising investors who had expected the dispute to drag on. The companies said on Tuesday that Nokia would receive an upfront cash payment and additional revenues from Apple starting from the… Read More Apple and Nokia settle legal battle, sign new patent deal

Militants attack Afghan army base, kill 10 soldiers

Militants attacked an Afghan government army base in the southern province of Kandahar, killing at least 10 soldiers and wounding nine, defense officials said on Tuesday. The attack began just before midnight on Monday, the Afghan defense ministry said in a statement. Government forces at Camp Achakzai in Shawali Kot district battled for several hours,… Read More Militants attack Afghan army base, kill 10 soldiers