AFP

Visa’s 24/7 war room takes on global cybercriminals

In the heart of Data Center Alley — a patch of suburban Washington where much of the world’s internet traffic flows — Visa operates its global fraud command center.The numbers that the payments giant grapples with are enormous. Every year, $15 trillion flows through Visa’s networks, representing roughly 15 percent of the world’s economy. And …

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‘Jurassic World: Rebirth’ roars to top of N.American box office

“Jurassic World: Rebirth” — the latest installment in the blockbuster dinosaur saga — stomped the July 4th weekend competition at the North American box office, raking in a whopping $91.5 million in its debut, industry estimates showed Sunday.The Universal film, starring Scarlett Johansson, Jonathan Bailey and Mahershala Ali, takes viewers to an abandoned island research …

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Vietnam’s laid-off communist officials face uncertain future

Sipping green tea in his garden of roses, ex-communist party official Nguyen Van Cuong says he is “jobless but happy” after Vietnam cut 80,000 state roles this week.But fretting at home after leaving public employment once considered a job-for-life, Nguyen Thi Thu told AFP she feels “empty” over a future that is no longer certain.Vietnam …

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BRICS nations voice ‘serious concerns’ over Trump tariffs

BRICS leaders meeting in Rio de Janeiro on Sunday are expected to decry US President Donald Trump’s “indiscriminate” trade tariffs, saying they are illegal and risk hurting the global economy. Emerging nations, which represent about half the world’s population and 40 percent of global economic output, have united over “serious concerns” about US import tariffs, according …

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China’s first Legoland opens to tourists in Shanghai

Thousands of local tourists poured into China’s first-ever Legoland as it opened its gates in Shanghai on Saturday, the latest theme park hoping to capitalise on a domestic tourism boom.The Chinese branch of the British-owned theme park franchise is the biggest Legoland in the world.It drew in early customers who flocked to attractions including a …

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France says ‘major issues’ remain despite brandy price accord with China

France on Friday praised China’s steps to settle a trade dispute over European brandy imports but warned that “major issues” remained unresolved.The signs of a thaw in the row over the alcohol came as China’s Foreign Minister Wang Yi met French President Emmanuel Macron and Foreign Minister Jean-Noel Barrot in Paris.In recent months China and …

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Stocks, dollar drop as tariff talk dominates

Stock markets mostly fell while the dollar largely retreated Friday as international tensions over tariffs dominated sentiment.Traders digested news also of Congress narrowly passing US President Donald Trump’s signature tax and spending bill that analysts argue risks ballooning national debt and wider inflation. On tariffs, Trump said he planned to start sending letters informing trading partners …

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Stocks climb as strong US jobs data soothes growth worries

Wall Street stock indices finished at fresh records Thursday following solid US jobs data as President Donald Trump’s sweeping budget bill successfully reached the congressional finish line.The US economy added 147,000 jobs in June while unemployment dipped to 4.1 percent from 4.2 percent, a sign of US labor market resilience despite the White House’s wave …

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Modi pushes further India-Africa cooperation on Ghana visit

Indian Prime Minister Narendra Modi on Thursday outlined plans for deeper ties between his country and Africa, as New Delhi increasingly vies for a stronger economic presence on the continent along with China and Russia.In a speech to Ghana’s parliament, Modi highlighted a major rail project that opened in the west African nation last year, …

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