Tuesday, July 26, 2016

Saturday, July 23, 2016

Man 'critically ill' after Glasgow stabbing

A man is critically ill in hospital after being stabbed by four men in a street attack in Glasgow.
Police said the 34-year-old had been dropped off by taxi in the Milton area when he became involved in an argument.
The man was then attacked and badly injured after making off into Ashgill Road at about 00:25 on Saturday.
He was taken by ambulance to Glasgow Royal Infirmary where his condition was "critical but stable." The stabbing is being treated as attempted murder.
The attackers are described as white, all aged in their 20s.
Det Sgt John Dowds, of Police Scotland, said: "The injured man had just been dropped off by a taxi in Balmore Road near to Ashgill Street where it is believed he became involved in an argument with some people in the area.
"However, he made off into Ashgill Road where he was attacked by four men.
"He was very seriously injured with what was originally thought to be life-threatening injuries, however, thankfully now he seems to be in a critical but stable condition."
Police are urging anyone with information about the attack to come forward.

India aid worker freed in Afghanistan rescue operation

An Indian aid worker kidnapped in Afghanistan more than a month ago has been rescued unharmed, officials say.
Judith D'Souza, 40, was working for the Aga Khan Foundation when she was abducted at gunpoint near her home in the Afghan capital, Kabul, on 9 June.
No details have been given about the rescue operation and officials have not said who the hostage takers were.
"Judith D'Souza is with us - safe and in good spirits," Indian Foreign Minister Sushma Swaraj said on Twitter.
Ms D'Souza is travelling back to India with her country's ambassador to Afghanistan and is due to reach Delhi on Saturday evening, Ms Swaraj added.
Jerome D'Souza, a family member, tweeted that the "family's joy knows no bounds".
Kidnapping is a significant problem in Afghanistan. Most of those abducted have been Afghans but foreign aid workers have increasingly become targets.
After Ms D'Souza's abduction, police in Kabul told foreigners living outside secure compounds to travel with guards.
The aid worker was the latest of several Indians to be taken. In June 2014, Father Alexis Prem Kumar, a Roman Catholic priest from India, was kidnapped by unidentified gunmen in the city of Herat. He was freed in February 2015, but details of his release were not disclosed.
At least four Indians have been released from captivity in the past 13 years in Afghanistan. They include two construction workers who were kidnapped and released in December 2003.
Source: BBC News

Monday, July 18, 2016

Melbourne students' 'sexualised' Instagram posts spark anger

as young as 11 and asked people to vote for their "slut of the year".
The school said the "disgraceful" account did not reflect its values and that two boys had been suspended.
"Disrespectful behaviour on any social media site is simply unacceptable and will not be tolerated," headmaster Ross Featherston said in a statement.
The mother who complained to the school also published an open letter on Facebook at the weekend, quoted widely in Australian media, saying some images showed girls partially undressed or had captions referring to sex acts.
The woman, who has not been named to protect the children's identities, said her daughter "has not only been sexualised but violated within our small community".
"I will not rest until the consequence for the crime meets the severity of the crime itself - for my daughter and all other young unsuspecting girls."
Fairfax media quoted her as saying she blamed the boys' parents, not the school.
Victoria police confirmed to the media they were investigating "a report in relation to inappropriate content on an Instagram account".
Source: kathmandu post

Sunday, July 10, 2016

Facebook tests 'secret message' service

Private messages that can disappear are being trialled by Facebook as it experiments with a new option for those using its Messenger app.
They become hidden after a certain period of time chosen by the author, the firm said.
It is part of a new "secret message" service having a limited trial, Facebook announced.

Senders must choose one device to use it on, as messages sent this way are stored on the device itself.

Those flagged to "disappear" will be deleted from the device as well.
"Starting a secret conversation with someone is optional," it said.
"Secret conversations can only be read on one device and we recognise that experience may not be right for everyone."

Facebook listed health and financial issues as examples of messages that people may wish to keep more private - while others have mentioned love affairs.
The idea is being trialled on a "limited basis", Facebook said, but added that it would be more widely available over the summer.Video and GIFs cannot be shared secretly at the moment.The service will also have extra features for reporting abuse - and once this is introduced, there will be a delay in the deletion of messages to enable flagging.
"Facebook will never have access to plain text messages unless one participant in a secret conversation voluntarily reports the conversation," it explained in a technical document.
Tech spec
The service is built on the Signal protocol by Open Whisper Systems, which is widely used by messaging apps, said cybersecurity expert Professor Alan Woodward from Surrey University.
"Signal is well tested and those who developed it are well regarded in the cryptography community," he said.

"But the problem with something effectively becoming an open standard in this way is that if ever a problem were found it could have widespread impact."
Prof Woodward added that the technical report released by Facebook was "not as complete as many would like" in terms of assessing the service's security.
"If I were to choose any messaging system I would look for it to be based on Signal at present.

"However, I'd like to know more about exactly how it is implemented, or at least know that those who can analyse such systems have scrutinised the code."

Friday, June 24, 2016

Wall Street eyes low rates, earnings after Brexit rout


Friday's 3.6 percent slump erased the S&P 500's .SPX gains for 2016. But even as the index suffered its worst one-day drop in 10 months, some U.S. investors looked for reasons to expect more upbeat trading next week.
They pointed to expectations that U.S. interest rates would remain low, that upcoming reports would show U.S. corporate earnings had recently improved and that Britain's breakup with the EU would be gradual, and not economy-wrecking.
"I don't think this is a catalyst that's going to cause a bear market in this country at all. People should not be going ‘the world is coming to an end.’ It's not," said Ken Polcari, director of the NYSE floor division at O’Neil Securities in New York.
U.S. companies do stand to lose from Britain's divorce from the EU, a process expected to take two years to negotiate.
Britain was the fifth-largest buyer of U.S. exports last year, with $56 billion in purchases, according to U.S. Census Bureau estimates. A stronger dollar versus the pound and other currencies would inevitably hurt U.S. companies selling abroad.
"There's going to be a lot of reconsideration, pausing, certain deals that were contemplated are going to change," said Steve Massocca, chief investment officer at Wedbush Equity Management. "But ultimately, this is not going to have a fundamental impact on how the world goes about doing business."
Fed Chair Janet Yellen is scheduled to speak at an event in Portugal on Wednesday and investors will want to know how she sees the so-called Brexit changing the outlook for the U.S. economy and interest rates.
Traders have completely priced out any chance of a Fed rate hike this year and are even weighing the possibility of a rate cut, federal funds rate futures suggest.
"This event pretty much ensures that unless something dramatic changes, interest rates in this country are going nowhere for the foreseeable future, and that is at the end of the day a positive scenario for the stock market," said Ted Weisberg, a trader with Seaport Securities in New York.
On Tuesday, the U.S. Commerce Department plans to release its final gross domestic product estimate for the first quarter of 2016. That and a slew of other economic data, including the Conference Board's read on June consumer confidence, could sway investor sentiment at a time when the health of the U.S. economy has become a more critical question for investors.
The second-quarter earnings season hits full force in mid-July. Improved earnings reports from U.S. companies could be good news for stocks, as they would make higher share prices justifiable on a price-earnings basis.
S&P 500 companies on average are expected to report a 3.9 percent decline in second-quarter earnings from the same quarter a year ago and a 2.3 percent increase in September-quarter earnings, according to Thomson Reuters data. However, estimates for multinationals could be cut due to the Brexit vote.
(Reporting by Noel Randewich in San Francisco and Caroline Valetkevitch in New York; additional reporting in New York by Marcus Howard, Lewis Krauskopf and Rodrigo Campos; editing by Linda Stern and Dan Grebler)
With markets reeling after Britain's vote to leave the European Union, some on Wall Street expect cooler heads to prevail over the next several sessions as investors focus domestically on the outlook for the U.S. economy and company earnings.
The unexpected decision by Britons to break away from the world's biggest trade bloc raised the specter of a slower global economy and sent stocks and currencies plunging by historic amounts on Friday.
Friday's 3.6 percent slump erased the S&P 500's .SPX gains for 2016. But even as the index suffered its worst one-day drop in 10 months, some U.S. investors looked for reasons to expect more upbeat trading next week.
They pointed to expectations that U.S. interest rates would remain low, that upcoming reports would show U.S. corporate earnings had recently improved and that Britain's breakup with the EU would be gradual, and not economy-wrecking.
"I don't think this is a catalyst that's going to cause a bear market in this country at all. People should not be going ‘the world is coming to an end.’ It's not," said Ken Polcari, director of the NYSE floor division at O’Neil Securities in New York.
U.S. companies do stand to lose from Britain's divorce from the EU, a process expected to take two years to negotiate.
Britain was the fifth-largest buyer of U.S. exports last year, with $56 billion in purchases, according to U.S. Census Bureau estimates. A stronger dollar versus the pound and other currencies would inevitably hurt U.S. companies selling abroad.
"There's going to be a lot of reconsideration, pausing, certain deals that were contemplated are going to change," said Steve Massocca, chief investment officer at Wedbush Equity Management. "But ultimately, this is not going to have a fundamental impact on how the world goes about doing business."
Fed Chair Janet Yellen is scheduled to speak at an event in Portugal on Wednesday and investors will want to know how she sees the so-called Brexit changing the outlook for the U.S. economy and interest rates.
Traders have completely priced out any chance of a Fed rate hike this year and are even weighing the possibility of a rate cut, federal funds rate futures suggest.
"This event pretty much ensures that unless something dramatic changes, interest rates in this country are going nowhere for the foreseeable future, and that is at the end of the day a positive scenario for the stock market," said Ted Weisberg, a trader with Seaport Securities in New York.
On Tuesday, the U.S. Commerce Department plans to release its final gross domestic product estimate for the first quarter of 2016. That and a slew of other economic data, including the Conference Board's read on June consumer confidence, could sway investor sentiment at a time when the health of the U.S. economy has become a more critical question for investors.
The second-quarter earnings season hits full force in mid-July. Improved earnings reports from U.S. companies could be good news for stocks, as they would make higher share prices justifiable on a price-earnings basis.
S&P 500 companies on average are expected to report a 3.9 percent decline in second-quarter earnings from the same quarter a year ago and a 2.3 percent increase in September-quarter earnings, according to Thomson Reuters data. However, estimates for multinationals could be cut due to the Brexit vote.
(Reporting by Noel Randewich in San Francisco and Caroline Valetkevitch in New York; additional reporting in New York by Marcus Howard, Lewis Krauskopf and Rodrigo Campos; editing by Linda Stern and Dan Grebler
)