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BuzzFeed says shutting down newsroom: CEO memo
BuzzFeed says shutting down newsroom: CEO memo
by  AFP

BuzzFeed announced Thursday that it was shutting its news division, signalling the end of one of the most notable news websites of the internet era. BuzzFeed News was founded in late 2011, and became a symbol of a new wave of internet media companies. pdh/sst

US seeks 'constructive and fair' economic ties with China: Yellen
US seeks 'constructive and fair' economic ties with China: Yellen
by  AFP

The United States seeks a "constructive and fair economic relationship" with China, even as Washington holds firm in defending the country's national security, Treasury Secretary Janet Yellen said Thursday. But Yellen said Thursday that the United States remains firm in its conviction to defend its values and national security.

Some ECB policymakers wanted rate hike pause: minutes
Some ECB policymakers wanted rate hike pause: minutes
by  AFP

Some European Central Bank policymakers wanted to pause hiking interest rates at their last meeting in March due to financial market turmoil, minutes published Thursday revealed. But the collapse of three US regional lenders and the UBS takeover of embattled rival Credit Suisse in March triggered market turmoil, and calls for central banks to pause their monetary tightening.

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