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August 21, 2018 2:23 PM U.S. Treasury Sanctions Russian Firms for Allegedly Helping North Korea

Sanctions hit Russian shipping firms for banned North Korea energy shipments WASHINGTON—The Trump administration on Tuesday levied new sanctions against Russian firms it accused of violating trade bans on North Korea and breaches of U.S. laws against cooperation with Russia’s intelligence services. Combined, the actions underscore a recent escalation 44

August 20, 2018 10:04 AM PepsiCo puts fizz into healthy drinks with $3.2 billion SodaStream purchase

JERUSALEM (Reuters) - PepsiCo (PEP.O) will buy household drink-machine maker SodaStream (SODA.TA) (SODA.O) for $3.2 billion as it battles chief rival Coca-Cola (KO.N) for an edge in the health-conscious beverage market. Founded in the UK in 1903, SodaStream was a coveted device in British kitchens in the 1970s and 80s, allowing customers to create fizzy 72

August 18, 2018 9:00 AM U.S. Opposition to Pipeline Hangs Over Meeting Between Putin and Merkel

Sanctions could be used to stop completion of Nord Stream 2 pipeline amid concerns it would heighten Europe’s dependence on Russian natural gas When President Vladimir Putin holds talks with Chancellor Angela Merkel in Berlin on Saturday to try to safeguard a controversial Russian-German gas pipeline, the U.S. won’t be present but could have a big say in the outcome 69

August 16, 2018 7:24 PM Russia says U.S. sanctions over North Korea risk undermining peace process

MOSCOW (Reuters) - Russian Foreign Ministry said on Thursday that fresh sanctions, imposed by the United States against a Russian firm and an individual over North Korea, may undermine peace process in the Korean peninsula. In a statement, the ministry also said that Washington “is not aware” of how the “uttmost pressure” on Pyongyang is “fraught with danger 54

August 15, 2018 7:59 PM U.S. Blacklists Russian, Chinese Firms It Says Aided North Korean Shipments

Pyongyang uses its shipping industry to fund its nuclear weapons program, U.S. says The U.S. put Russia and China on notice that it is unhappy with their enforcement of sanctions on North Korea by taking action Wednesday against companies in those countries it said aided North Korea’s shipping industry. North Korea’s shipping sector has long been on Washington’s 49

August 14, 2018 4:59 PM Overhaul Boosts Credit Scores of Millions of U.S. Consumers

Those with at least one collections account removed from their credit reports experienced an 11-point increase, on average The credit scores of millions of U.S. consumers have risen following a broad overhaul of how credit-reporting firms handle negative credit information. Consumers who had at least one collections account removed from their files experienced 50

August 13, 2018 5:35 PM India Looks to Curb U.S. Tech Giants’ Power

Draft rules call for companies to store local user data in India and make it accessible to government NEW DELHI—Indian policy makers are looking for ways to tamp down American tech behemoths, a shift that could crimp growth potential in one of the biggest remaining open markets for their expansion. India wants to slap new rules on Amazon.com Inc., Apple 91

August 10, 2018 5:27 AM Japan dodges a recession, but it's not in the clear yet

Japan has bounced back from a poor start to the year. The world's third-largest economy grew at an annualized rate of 1.9% in the second quarter, according to government figures released Friday. It means Japan avoided slipping into a recession, which is commonly defined as two consecutive quarters of economic contraction. But the country is likely to struggle 463

August 10, 2018 5:20 AM Three South Korean firms imported North Korean coal in breach of sanctions: customs service

SEOUL (Reuters) - Three South Korean firms imported coal from North Korea disguised as Russian products in violation of U.N. sanctions, South Korea’s customs agency said on Friday. South Korea has been examining nine cases of potential imports of North Korean coal, which would breach a resolution passed last August by the U.N. Security Council to choke 61

August 10, 2018 1:16 AM Singapore's Golden Gate Ventures launches $10 million crypto fund

SINGAPORE (Reuters) - Singapore-based venture capital firm Golden Gate Ventures said on Friday it will launch a $10 million fund to invest in cryptocurrency and blockchain technology startups. The fund, called LuneX Ventures, will invest in early-stage companies globally such as cryptocurrency exchanges and security providers. Investors in the fund will include 76